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SPM

Seafront Resources PSE:SPM Stock Report

Last Price

₱2.01

Market Cap

₱327.6m

7D

0%

1Y

-5.6%

Updated

13 Aug, 2022

Data

Company Financials
SPM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SPM Stock Overview

Seafront Resources Corporation invests in stocks traded in the Philippine Stock Exchange and government securities.

Seafront Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Seafront Resources
Historical stock prices
Current Share Price₱2.01
52 Week High₱2.79
52 Week Low₱2.00
Beta0.050
1 Month Change-6.94%
3 Month Change-25.28%
1 Year Change-5.63%
3 Year Change-19.60%
5 Year Change-27.70%
Change since IPO644.44%

Recent News & Updates

Shareholder Returns

SPMPH Diversified FinancialPH Market
7D0%7.2%3.9%
1Y-5.6%-1.2%5.0%

Return vs Industry: SPM underperformed the PH Diversified Financial industry which returned -1.4% over the past year.

Return vs Market: SPM underperformed the PH Market which returned 5% over the past year.

Price Volatility

Is SPM's price volatile compared to industry and market?
SPM volatility
SPM Average Weekly Movement5.9%
Diversified Financial Industry Average Movement7.5%
Market Average Movement5.4%
10% most volatile stocks in PH Market10.2%
10% least volatile stocks in PH Market3.1%

Stable Share Price: SPM is not significantly more volatile than the rest of PH stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SPM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/aMilagros Reyeshttps://www.seafrontresources.com.ph

Seafront Resources Corporation invests in stocks traded in the Philippine Stock Exchange and government securities. The company was incorporated in 1970 and is headquartered in Pasig City, the Philippines.

Seafront Resources Fundamentals Summary

How do Seafront Resources's earnings and revenue compare to its market cap?
SPM fundamental statistics
Market Cap₱327.63m
Earnings (TTM)₱22.09m
Revenue (TTM)₱31.41m

14.8x

P/E Ratio

10.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPM income statement (TTM)
Revenue₱31.41m
Cost of Revenue₱0
Gross Profit₱31.41m
Other Expenses₱9.31m
Earnings₱22.09m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin100.00%
Net Profit Margin70.34%
Debt/Equity Ratio0.0%

How did SPM perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SPM 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/Revenue6.2x
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

SPM PE Ratio vs Peers
The above table shows the PE ratio for SPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.3x
V Vantage Equities
6.3xn/a₱3.5b
APO Anglo Philippine Holdings
1.7xn/a₱2.3b
MFIN Makati Finance
64.9xn/a₱642.8m
MPI Metro Pacific Investments
12.1x19.6%₱111.3b
SPM Seafront Resources
14.8xn/a₱327.6m

Price-To-Earnings vs Peers: SPM is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (21.3x).


Price to Earnings Ratio vs Industry

How does SPM's PE Ratio compare vs other companies in the Asian Diversified Financial Industry?

Price-To-Earnings vs Industry: SPM is expensive based on its Price-To-Earnings Ratio (14.8x) compared to the PH Diversified Financial industry average (12.1x)


Price to Earnings Ratio vs Fair Ratio

What is SPM'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.

SPM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Seafront Resources 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


12.5%

Forecasted Diversified Financials 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 Seafront Resources 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.


Discover growth companies

  • Examine Seafront Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Seafront Resources performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


33.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SPM has high quality earnings.

Growing Profit Margin: SPM's current net profit margins (70.3%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: SPM's earnings have grown significantly by 33.7% per year over the past 5 years.

Accelerating Growth: SPM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SPM had negative earnings growth (-48.9%) over the past year, making it difficult to compare to the Diversified Financial industry average (20%).


Return on Equity

High ROE: SPM's Return on Equity (4.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Seafront Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SPM's short term assets (₱140.9M) exceed its short term liabilities (₱388.1K).

Long Term Liabilities: SPM's short term assets (₱140.9M) exceed its long term liabilities (₱45.6M).


Debt to Equity History and Analysis

Debt Level: SPM is debt free.

Reducing Debt: SPM has not had any debt for past 5 years.

Debt Coverage: SPM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SPM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Seafront Resources'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

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate SPM'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 SPM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SPM'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 SPM has not reported any payouts.


Discover strong dividend paying companies

Management

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

16.2yrs

Average management tenure


CEO

Milagros Reyes (80 yo)

23.58yrs

Tenure

Ms. Milagros V. Reyes was Compliance Officer at Seafront Resources Corporation since June 24, 2021. She has been the Chief Executive Officer and President of Petroenergy Resources Corp. since 1998 and serv...


Leadership Team

Experienced Management: SPM's management team is seasoned and experienced (16.2 years average tenure).


Board Members

Experienced Board: SPM's board of directors are seasoned and experienced ( 10.3 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

Seafront Resources Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Seafront Resources Corporation
  • Ticker: SPM
  • Exchange: PSE
  • Founded: 1970
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Implied Market Cap: ₱327.630m
  • Shares outstanding: 163.00m
  • Website: https://www.seafrontresources.com.ph

Location

  • Seafront Resources Corporation
  • JMT Building
  • 7th Floor
  • Pasig
  • 1605
  • Philippines

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 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.