LT Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lucio Tan

Chief executive officer

₱3.3m

Total compensation

CEO salary percentage	n/a
CEO tenure	25.5yrs
CEO ownership	0.00002%
Management average tenure	10.8yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO

Lucio Tan (90 yo)

25.5yrs

Tenure

₱3,285,000

Compensation

Dr. Lucio Chua Tan, Sr., III, has been Chief Executive Officer and was President at PAL Holdings, Inc. since February 18, 2020 until May 25, 2023. He served as Chief Operating Officer of PAL Holdings, Inc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lucio Tan	Chairman & CEO	no data	₱3.29m	0.000020% ₱ 23.8k
Lucio Tan	President	2.7yrs	₱1.35m	0.000010% ₱ 11.9k
T. Lee	Treasurer & Executive Director	10.8yrs	₱1.32m	0.000010% ₱ 11.9k
Jose Gabriel Olives	CFO, Chief Risk Officer	12.4yrs	no data	no data
Marivic Moya	Assistant Corporate Secretary & Compliance Officer	no data	no data	no data
Dioscoro Teodorico Lim	Chief Audit Executive	7.5yrs	no data	no data
Maria Cecilia Pesayco	Corporate Secretary	26.8yrs	no data	0.000020% ₱ 23.8k

10.8yrs

Average Tenure

71yo

Average Age

Experienced Management: LTG's management team is seasoned and experienced (10.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lucio Tan	Chairman & CEO	25.5yrs	₱3.29m	0.000020% ₱ 23.8k
Lucio Tan	President	5.1yrs	₱1.35m	0.000010% ₱ 11.9k
T. Lee	Treasurer & Executive Director	12.7yrs	₱1.32m	0.000010% ₱ 11.9k
Florencia Tarriela	Independent Director	12.4yrs	₱955.00k	0.000010% ₱ 11.9k
Peter Ong	Advisor	5.7yrs	no data	no data
Wilfrido Sanchez	Lead Independent Director	12.5yrs	₱925.00k	0.000010% ₱ 11.9k
Johnip Cua	Independent Director	6.7yrs	₱955.00k	0.000010% ₱ 11.9k
Michael Tan	Director	21.9yrs	₱856.67k	0.011% ₱ 12.6m
Carmen Tan	Vice Chairman	14.7yrs	₱685.00k	0.000020% ₱ 23.8k
Vivienne Khao Tan	Director	5.7yrs	₱685.00k	0.000010% ₱ 11.9k
Mary Ng	Independent Director	5.7yrs	₱955.00k	0.000010% ₱ 11.9k
Karlu Say	Director	3.7yrs	₱660.00k	0.0049% ₱ 5.8m

9.5yrs

Average Tenure

73.5yo

Average Age

Experienced Board: LTG's board of directors are considered experienced (9.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 08:47
End of Day Share Price	2025/01/20 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

LT Group Management

Management criteria checks 2/4

Key information

Recent management updates

LT Group, Inc. Announces Executive and Board Changes

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

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

LT Group, Inc. Announces Management Changes

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

LT Group, Inc. Announces Executive Changes

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

New 90-day high: ₱14.22

New 90-day high: ₱14.00

Price target raised to ₱13.99

New 90-day high: ₱13.74

Third quarter 2020 earnings released: EPS ₱0.56

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: ₱9.16

New 90-day high: ₱8.89

First half earnings released