Metro Pacific Investments Past Earnings Performance

Past criteria checks 4/6

Metro Pacific Investments has been growing earnings at an average annual rate of 4%, while the Diversified Financial industry saw earnings declining at 2.9% annually. Revenues have been declining at an average rate of 7.7% per year. Metro Pacific Investments's return on equity is 5.8%, and it has net margins of 20%.

Key information

4.0%

Earnings growth rate

5.7%

EPS growth rate

Diversified Financial Industry Growth	-2.9%
Revenue growth rate	-7.7%
Return on equity	5.8%
Net Margin	20.0%
Last Earnings Update	30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Metro Pacific Investments makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

PSE:MPI Revenue, expenses and earnings (PHP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 23	55,969	11,209	11,355
31 Mar 23	53,892	9,805	10,693
31 Dec 22	50,882	10,486	10,287
30 Sep 22	48,993	10,867	9,087
30 Jun 22	46,185	9,218	8,772
31 Mar 22	44,066	8,756	8,572
31 Dec 21	43,561	4,368	8,744
30 Sep 21	42,732	5,558	9,365
30 Jun 21	42,577	4,839	9,058
31 Mar 21	40,036	1,847	8,562
31 Dec 20	40,855	1,309	8,430
30 Sep 20	24,861	-16,116	6,528
30 Jun 20	32,243	-14,262	7,019
31 Mar 20	43,331	-10,389	7,878
31 Dec 19	49,276	-8,102	8,606
30 Sep 19	63,444	10,299	8,555
30 Jun 19	66,985	10,718	10,029
31 Mar 19	68,083	11,605	9,976
31 Dec 18	43,257	8,816	7,653
30 Sep 18	80,767	14,502	12,725
30 Jun 18	78,484	14,262	12,120
31 Mar 18	70,405	13,953	11,612
31 Dec 17	51,775	11,808	8,067
30 Sep 17	54,774	13,095	10,128
30 Jun 17	47,175	12,288	9,019
31 Mar 17	45,719	11,827	8,792
31 Dec 16	44,820	11,449	8,280
30 Sep 16	43,419	11,225	7,900
30 Jun 16	41,382	10,958	7,538
31 Mar 16	39,297	9,725	7,385
31 Dec 15	37,239	9,541	7,059
30 Sep 15	35,789	9,742	6,069
30 Jun 15	34,792	9,251	6,090
31 Mar 15	34,192	8,035	6,008
31 Dec 14	33,832	7,935	5,845
30 Sep 14	33,000	7,954	6,653
30 Jun 14	32,229	7,761	6,125
31 Mar 14	31,683	7,775	5,951
31 Dec 13	30,877	7,204	5,707
30 Sep 13	30,149	6,151	5,273
30 Jun 13	29,476	6,148	5,526
31 Mar 13	28,511	6,109	5,273
31 Dec 12	27,807	5,902	5,028

Quality Earnings: MPI has a large one-off loss of ₱10.5B impacting its last 12 months of financial results to 30th June, 2023.

Growing Profit Margin: MPI's current net profit margins (20%) are higher than last year (20%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MPI's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: MPI's earnings growth over the past year (21.6%) exceeds its 5-year average (4% per year).

Earnings vs Industry: MPI earnings growth over the past year (21.6%) exceeded the Diversified Financial industry 9%.

Metro Pacific Investments Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2022 earnings released: EPS: ₱0.12 (vs ₱0.066 in 3Q 2021)

Third quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.066 in 3Q 2021)

Second quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.11 in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Third quarter 2021 earnings released: EPS ₱0.066 (vs ₱0.063 in 3Q 2020)

Recent updates

San Miguel to Acquire an Equity Stake in Metro Pacific Investments

Metro Pacific Investments Corporation(PSE:MPI) dropped from PSE All Share Index

The Philippine Stock Exchange Approves Metro Pacific Investments' Delisting After Tender Offer

Metro Pacific Investments Corporation(PSE:MPI) dropped from Philippines PSE Composite Index

Metro Pacific Investments Corporation(PSE:MPI) dropped from FTSE All-World Index (USD)

Metro Pacific Investments to Be Delisted by Mid-October

MPIC Expects to Proceed with Voluntary Delisting from Philippine Stock Exchange After Securing More Than 18% of Outstanding Shares Held by Minority Investors in Its Tender Offer

GSIS Will Not Block MPIC Tender Offer, Delisting

Metro Pacific Investments Corporation Declares Cash Dividend on Common Shares, Payable on September 15, 2023

Metro Pacific Investments Corporation Expected to Be Delisted from Philippine Stock Exchange on Oct. 9, 2023

First Pacific, GT Capital & Mitsui/Join Increase Bid Price to Delist MPIC

Metro Pacific Investments Corporation (PSE:MPI) completed the acquisition of 16% stake in SP New Energy Corporation (PSE:SPNEC).

Metro Pacific Investments Corporation Announces Executive Changes

Metro Pacific Reportedly in Talks to Buy Stake in Axelum Resources

Third quarter 2022 earnings released: EPS: ₱0.12 (vs ₱0.066 in 3Q 2021)

Third quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.066 in 3Q 2021)

Metro Pacific Investments Corporation Provides Earnings Guidance for the Full Year 2022

Independent Director recently sold ₱4.4m worth of stock

Upcoming dividend of ₱0.035 per share

Executive Director recently bought ₱1.4m worth of stock

Executive Director recently bought ₱1.4m worth of stock

Metro Pacific Investments Corporation Declares Cash Dividend on Common Shares, Payable on September 08, 2022

Second quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.11 in 2Q 2021)

Non-Executive Director recently bought ₱258k worth of stock

Metro Pacific Investments Corporation (PSE:MPI) entered into an Investment Framework Agreement to acquire 51% stake in The Laguna Creamery Inc. from RMJ Development Corporation, Real Fresh Dairy Farms, Inc., Carmen’s Best Dairy Products, Inc and others for Php198 million.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Upcoming dividend of ₱0.076 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Independent Director recently bought ₱383k worth of stock

Price target increased to ₱5.95

Independent Director recently bought ₱639k worth of stock

Third quarter 2021 earnings released: EPS ₱0.066 (vs ₱0.063 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₱0.11 (vs ₱0.036 in 2Q 2020)

Director recently bought ₱589k worth of stock

President recently bought ₱3.6m worth of stock

Consensus forecasts updated

President recently bought ₱4.0m worth of stock

New 90-day low: ₱4.00

Revenue and earnings miss expectations

Metro Pacific Investments Corporation, Annual General Meeting, May 28, 2021

An unknown buyers entered into share purchase agreement to acquire 24.95% stake in Don Muang Tollway Public Company Limited from Metro Pacific Investments Corporation (PSE:MPI) for approximately $150 million.

Price target raised to ₱5.01

New 90-day high: ₱4.50

Metro Pacific Investments Corporation Announces Executive Changes

Third quarter 2020 earnings released: EPS ₱0.063

New 90-day high: ₱4.13

Third quarter 2020 earnings released: EPS ₱0.063

Metro Pacific Investments Corporation to Be Deleted from Other OTC

New 90-day high: ₱3.80

First half earnings released

First half earnings released

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta