LTG Stock Overview

Engages in banking, distilled spirits, beverages, tobacco, property development, and other businesses in the Philippines and internationally. More details

LTG fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (4.4x) is below the PH market (9.3x)

Earnings have grown 4.8% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 4.5% per year for the next 3 years

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

LT Group, Inc. Competitors

GT Capital Holdings

PSE:GTCAP

₱131.1b

Alliance Global Group

PSE:AGI

₱77.6b

JG Summit Holdings

PSE:JGS

₱157.9b

Aboitiz Equity Ventures

PSE:AEV

₱183.3b

Price History & Performance

Summary of share price highs, lows and changes for LT Group
Historical stock prices
Current Share Price	₱10.48
52 Week High	₱10.54
52 Week Low	₱8.84
Beta	0.49
1 Month Change	1.35%
3 Month Change	5.54%
1 Year Change	17.23%
3 Year Change	5.86%
5 Year Change	-12.52%
Change since IPO	8,134.33%

Recent updates

Shareholder Returns

	LTG	PH Industrials	PH Market
7D	-0.2%	-1.3%	-2.1%
1Y	17.2%	-13.6%	7.3%

Return vs Industry: LTG exceeded the PH Industrials industry which returned -13.6% over the past year.

Return vs Market: LTG exceeded the PH Market which returned 7.3% over the past year.

Price Volatility

Is LTG's price volatile compared to industry and market?
LTG volatility
LTG Average Weekly Movement	2.5%
Industrials Industry Average Movement	4.2%
Market Average Movement	5.2%
10% most volatile stocks in PH Market	10.8%
10% least volatile stocks in PH Market	2.7%

Stable Share Price: LTG has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: LTG's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1854	13,266	Lucio Tan	ltg.com.ph

LT Group, Inc. engages in banking, distilled spirits, beverages, tobacco, property development, and other businesses in the Philippines and internationally. Its Banking segment provides various banking and financial services to corporate, middle-market, and retail customers; and to national government, local government units, government-owned and controlled corporations, and various government agencies. This segment offers deposit-taking, lending, bills discounting, foreign exchange dealing, investment banking, fund transfers or remittance servicing, retail banking and trust, and other insurance services.

LT Group, Inc. Fundamentals Summary

How do LT Group's earnings and revenue compare to its market cap?
LTG fundamental statistics
Market cap	₱113.36b
Earnings (TTM)	₱26.00b
Revenue (TTM)	₱126.13b

4.4x

P/E Ratio

0.9x

P/S Ratio

Is LTG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LTG income statement (TTM)
Revenue	₱126.13b
Cost of Revenue	₱42.52b
Gross Profit	₱34.19b
Other Expenses	₱8.19b
Earnings	₱26.00b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.40
Gross Margin	27.11%
Net Profit Margin	20.61%
Debt/Equity Ratio	7.7%

How did LTG perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

6%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 21:21
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LT Group, Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Philip Felix	BofA Global Research
Joyce Ramos	CLSA
Chesca Bugia-Tenorio	Credit Suisse

LTG Stock Overview

Rewards

Risk Analysis

LT Group, Inc. Competitors

PSE:GTCAP

₱131.1b

PSE:AGI

₱77.6b

PSE:JGS

₱157.9b

PSE:AEV

₱183.3b

Price History & Performance

Recent News & Updates

Third quarter dividend of ₱0.35 announced

Third quarter 2024 earnings released: EPS: ₱0.65 (vs ₱0.58 in 3Q 2023)

Consensus EPS estimates fall by 26%, revenue upgraded

Price target decreased by 18% to ₱8.01

LT Group, Inc. Declares Special Cash Dividend, Payable on September 13, 2024

Second quarter dividend of ₱0.30 announced

Recent updates

Third quarter dividend of ₱0.35 announced

Third quarter 2024 earnings released: EPS: ₱0.65 (vs ₱0.58 in 3Q 2023)

Consensus EPS estimates fall by 26%, revenue upgraded

Price target decreased by 18% to ₱8.01

LT Group, Inc. Declares Special Cash Dividend, Payable on September 13, 2024

Second quarter dividend of ₱0.30 announced

Second quarter 2024 earnings released: EPS: ₱0.59 (vs ₱0.61 in 2Q 2023)

Now 20% undervalued

First quarter dividend of ₱0.30 announced

First quarter 2024 earnings released: EPS: ₱0.59 (vs ₱0.59 in 1Q 2023)

LT Group, Inc. Announces Executive and Board Changes

Price target increased by 19% to ₱9.79

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

Upcoming dividend of ₱0.30 per share

Third quarter dividend of ₱0.30 announced

LT Group, Inc., Annual General Meeting, May 03, 2024

Price target decreased by 16% to ₱8.20

Upcoming dividend of ₱0.30 per share at 14% yield

Third quarter 2023 earnings released: EPS: ₱0.58 (vs ₱0.46 in 3Q 2022)

Upcoming dividend of ₱0.30 per share at 15% yield

LT Group, Inc. Declares Special Cash Dividend, Payable on September 13, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: ₱0.61 (vs ₱0.82 in 2Q 2022)

Price target decreased by 32% to ₱9.59

Upcoming dividend of ₱0.30 per share at 14% yield

LT Group, Inc. approves Special Cash Dividend, payable on June 13, 2023

First quarter 2023 earnings released: EPS: ₱0.59 (vs ₱0.60 in 1Q 2022)

LT Group, Inc. Appoints Jose Gabriel D. Olives as Chief Sustainability Officer and Economic, Social and Governance Officer

LT Group, Inc. Announces Management Changes

Full year 2022 earnings released: EPS: ₱2.32 (vs ₱1.87 in FY 2021)

Upcoming dividend of ₱0.30 per share at 8.7% yield

LT Group, Inc. Approves Declaration and Distribution of Special Cash Dividend, Payable Not Later Than March 17, 2023

LT Group, Inc., Annual General Meeting, May 03, 2023

LT Group, Inc. Announces Executive Changes

Upcoming dividend of ₱0.50 per share

LT Group, Inc. Approves Special Cash Dividend, Payable on December 16, 2022

Third quarter 2022 earnings released: EPS: ₱0.46 (vs ₱0.57 in 3Q 2021)

Less than half of directors are independent

LT Group, Inc. Appoints Chester Y. Luy as Member of the Board of Advisors

Upcoming dividend of ₱0.30 per share

LT Group, Inc. Approves Declaration of Special Cash Dividend, Payable Not Later Than September 15, 2022

Second quarter 2022 earnings released: EPS: ₱0.82 (vs ₱0.25 loss in 2Q 2021)

LT Group, Inc. Declares Special Cash Dividend, Payable on June 15, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

LT Group, Inc., Annual General Meeting, May 04, 2022

Upcoming dividend of ₱0.60 per share

Third quarter 2021 earnings released: EPS ₱0.57 (vs ₱0.56 in 3Q 2020)

Director recently bought ₱4.8m worth of stock

Second quarter 2021 earnings released: ₱0.25 loss per share (vs ₱0.35 profit in 2Q 2020)

Price target increased to ₱17.00

Upcoming dividend of ₱0.24 per share

LT Group, Inc. Announces Special Cash Dividend, Payable on Not Later Than July 9, 2021

First quarter 2021 earnings released: EPS ₱0.60 (vs ₱0.57 in 1Q 2020)

Director has left the company

Consensus forecasts updated

LT Group, Inc. approves distribution of special cash dividend as of March 31, 2021, payable not later than April 13, 2021

LT Group, Inc., Annual General Meeting, May 05, 2021