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WPI

Waterfront Philippines PSE:WPI Stock Report

Last Price

₱0.41

Market Cap

₱1.0b

7D

-2.4%

1Y

-30.5%

Updated

01 Jul, 2022

Data

Company Financials
WPI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

WPI Stock Overview

Waterfront Philippines, Incorporated, an investment holding company, engages in the hotel, leisure, and tourism businesses in the Philippines.

Waterfront Philippines Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Waterfront Philippines
Historical stock prices
Current Share Price₱0.41
52 Week High₱0.61
52 Week Low₱0.41
Beta0.92
1 Month Change-5.75%
3 Month Change-5.75%
1 Year Change-30.51%
3 Year Change-46.75%
5 Year Change-55.91%
Change since IPO-67.97%

Recent News & Updates

Shareholder Returns

WPIPH HospitalityPH Market
7D-2.4%3.6%1.6%
1Y-30.5%-7.6%-9.7%

Return vs Industry: WPI underperformed the PH Hospitality industry which returned -7.6% over the past year.

Return vs Market: WPI underperformed the PH Market which returned -9.7% over the past year.

Price Volatility

Is WPI's price volatile compared to industry and market?
WPI volatility
WPI Average Weekly Movement3.1%
Hospitality Industry Average Movement5.4%
Market Average Movement5.4%
10% most volatile stocks in PH Market10.6%
10% least volatile stocks in PH Market3.1%

Stable Share Price: WPI is less volatile than 75% of PH stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1994383Kenneth Gatchalianhttps://www.waterfronthotels.com.ph

Waterfront Philippines, Incorporated, an investment holding company, engages in the hotel, leisure, and tourism businesses in the Philippines. The company owns and operates the Waterfront Cebu City Hotel and Casino, which consist of 561 guest rooms, 9 international F&B outlets, convention facility, and 6-story entertainment and casino block; the Waterfront Mactan Island Hotel and Casino comprising 164 rooms and suites, and 6 food-and-beverage and entertainment outlets located near Mactan-Cebu International Airport; the Waterfront Insular Hotel Davao that consists of 159 guest rooms and suites, 5 function rooms, and 6 F&B outlets located near the Davao Gulf; and the Manila Pavilion Hotel, including 337 guest rooms and suites located in the Manila. It is involved in the international marketing and promotion of hotels and casinos; manufacture and supply of deserts, breads, and pastries for in-stores, bakeries, coffee shops, and other food service channels; and operation and management of amusement, entertainment, and recreation facilities.

Waterfront Philippines Fundamentals Summary

How do Waterfront Philippines's earnings and revenue compare to its market cap?
WPI fundamental statistics
Market Cap₱1.02b
Earnings (TTM)₱595.00m
Revenue (TTM)₱1.08b

1.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WPI income statement (TTM)
Revenue₱1.08b
Cost of Revenue₱497.02m
Gross Profit₱584.10m
Other Expenses-₱10.90m
Earnings₱595.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin54.03%
Net Profit Margin55.04%
Debt/Equity Ratio11.1%

How did WPI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is WPI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WPI?

Other financial metrics that can be useful for relative valuation.

WPI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA6.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does WPI's PE Ratio compare to its peers?

WPI PE Ratio vs Peers
The above table shows the PE ratio for WPI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average30.9x
GPH Grand Plaza Hotel
24xn/a₱781.1m
MAXS Max's Group
23x51.3%₱3.6b
FCG Figaro Coffee Group
67.3xn/a₱2.7b
PRC Philippine Racing Club
9.4xn/a₱2.4b
WPI Waterfront Philippines
1.7xn/a₱1.0b

Price-To-Earnings vs Peers: WPI is good value based on its Price-To-Earnings Ratio (1.7x) compared to the peer average (30.9x).


Price to Earnings Ratio vs Industry

How does WPI's PE Ratio compare vs other companies in the Asian Hospitality Industry?

Price-To-Earnings vs Industry: WPI is good value based on its Price-To-Earnings Ratio (1.7x) compared to the PH Hospitality industry average (24x)


Price to Earnings Ratio vs Fair Ratio

What is WPI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WPI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WPI's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of WPI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate WPI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate WPI's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WPI's PEG Ratio to determine if it is good value.


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Future Growth

How is Waterfront Philippines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


46.9%

Forecasted Consumer Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Waterfront Philippines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Waterfront Philippines performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WPI has a high level of non-cash earnings.

Growing Profit Margin: WPI's current net profit margins (55%) are higher than last year (40.1%).


Past Earnings Growth Analysis

Earnings Trend: WPI's earnings have grown by 19.8% per year over the past 5 years.

Accelerating Growth: WPI's earnings growth over the past year (77.8%) exceeds its 5-year average (19.8% per year).

Earnings vs Industry: WPI earnings growth over the past year (77.8%) underperformed the Hospitality industry 110.7%.


Return on Equity

High ROE: WPI's Return on Equity (5.8%) is considered low.


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Financial Health

How is Waterfront Philippines's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WPI's short term assets (₱3.9B) exceed its short term liabilities (₱2.2B).

Long Term Liabilities: WPI's short term assets (₱3.9B) exceed its long term liabilities (₱3.5B).


Debt to Equity History and Analysis

Debt Level: WPI's net debt to equity ratio (2.5%) is considered satisfactory.

Reducing Debt: WPI's debt to equity ratio has increased from 6.3% to 11.1% over the past 5 years.

Debt Coverage: WPI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: WPI's interest payments on its debt are well covered by EBIT (8.5x coverage).


Balance Sheet


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Dividend

What is Waterfront Philippines's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate WPI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WPI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WPI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WPI's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WPI has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

15.9yrs

Average management tenure


CEO

Kenneth Gatchalian (46 yo)

15yrs

Tenure

Mr. Kenneth T. Gatchalian serves as Director of Metro Alliance Holdings & Equities Corp since November 07, 2019 and has served as the President of Metro Alliance Holdings & Equities Corp. since 2019. He ha...


Leadership Team

Experienced Management: WPI's management team is seasoned and experienced (15.9 years average tenure).


Board Members

Experienced Board: WPI's board of directors are seasoned and experienced ( 16.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Waterfront Philippines, Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Waterfront Philippines, Incorporated
  • Ticker: WPI
  • Exchange: PSE
  • Founded: 1994
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: ₱1.025b
  • Shares outstanding: 2.50b
  • Website: https://www.waterfronthotels.com.ph

Number of Employees


Location

  • Waterfront Philippines, Incorporated
  • No. 1 Waterfront Drive
  • Off Salinas Drive
  • Cebu City
  • 6000
  • Philippines

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.