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

ALI is expensive based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (6.7x).

How does ALI's PE Ratio compare vs other companies in the PH Real Estate Industry?

ALI is expensive based on its Price-To-Earnings Ratio (14.2x) compared to the PH Real Estate industry average (5.3x).

What is ALI'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.

ALI is expensive based on its Price-To-Earnings Ratio (14.2x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

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

ALI (₱26.2) is trading above our estimate of [[fair value]] (₱6.71)

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

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

ALI Stock Overview

Operates as a property developer in the Philippines. More details

ALI fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	3/6

Rewards

Earnings are forecast to grow 13.26% per year

Earnings grew by 15.2% over the past year

Analysts in good agreement that stock price will rise by 54.3%

Risk Analysis

Debt is not well covered by operating cash flow

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 12 Analysts

Infrastructure Developments And International Marketing Will Strengthen Future Prospects

Key Takeaways Strategic expansion in high-demand areas and residential segments is poised to boost sales, bookings, and revenue growth. Enhanced leasing revenues, infrastructure development, and international marketing strategies are anticipated to elevate future earnings and financial stability.

View narrative

₱40.43

35.2% undervalued

4.76%

Revenue growth p.a.

5 days ago

Ayala Land, Inc. Competitors

Robinsons Land

PSE:RLC

₱64.3b

Shang Properties

PSE:SHNG

₱18.8b

SM Prime Holdings

PSE:SMPH

₱726.3b

Century Properties Group

PSE:CPG

₱4.9b

Price History & Performance

Summary of share price highs, lows and changes for Ayala Land
Historical stock prices
Current Share Price	₱26.20
52 Week High	₱38.95
52 Week Low	₱24.50
Beta	1.08
1 Month Change	-8.39%
3 Month Change	-30.13%
1 Year Change	-24.17%
3 Year Change	-24.50%
5 Year Change	-40.72%
Change since IPO	174.39%

Recent updates

Shareholder Returns

	ALI	PH Real Estate	PH Market
7D	-0.2%	2.7%	2.0%
1Y	-24.2%	-18.3%	9.5%

Return vs Industry: ALI underperformed the PH Real Estate industry which returned -18.3% over the past year.

Return vs Market: ALI underperformed the PH Market which returned 9.5% over the past year.

Price Volatility

Is ALI's price volatile compared to industry and market?
ALI volatility
ALI Average Weekly Movement	5.0%
Real Estate Industry Average Movement	5.2%
Market Average Movement	5.2%
10% most volatile stocks in PH Market	11.7%
10% least volatile stocks in PH Market	2.7%

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

Volatility Over Time: ALI's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	n/a	Anna Maria Margarita Dy	www.ayalaland.com.ph

Ayala Land, Inc. operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.

Ayala Land, Inc. Fundamentals Summary

How do Ayala Land's earnings and revenue compare to its market cap?
ALI fundamental statistics
Market cap	₱385.28b
Earnings (TTM)	₱27.20b
Revenue (TTM)	₱175.15b

14.2x

P/E Ratio

2.2x

P/S Ratio

Is ALI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALI income statement (TTM)
Revenue	₱175.15b
Cost of Revenue	₱106.82b
Gross Profit	₱68.33b
Other Expenses	₱41.14b
Earnings	₱27.20b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.85
Gross Margin	39.01%
Net Profit Margin	15.53%
Debt/Equity Ratio	76.5%

How did ALI perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

27%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 01:47
End of Day Share Price	2024/12/27 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

Ayala Land, Inc. is covered by 25 analysts. 11 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
Russ Toribio	BofA Global Research
Edser Trinidad	CGS International
Felicia Barus	Citigroup Inc

ALI Stock Overview

Rewards

Risk Analysis

Infrastructure Developments And International Marketing Will Strengthen Future Prospects

Ayala Land, Inc. Competitors

PSE:RLC

₱64.3b

PSE:SHNG

₱18.8b

PSE:SMPH

₱726.3b

PSE:CPG

₱4.9b

Price History & Performance

Recent News & Updates

Senior Vice President recently bought ₱3.8m worth of stock

Ayala Land, Inc., Annual General Meeting, Apr 24, 2025

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: ₱0.55 (vs ₱0.46 in 3Q 2023)

Ayala Land, Inc. (PSE:ALI) acquired remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

Recent updates

Senior Vice President recently bought ₱3.8m worth of stock

Ayala Land, Inc., Annual General Meeting, Apr 24, 2025

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: ₱0.55 (vs ₱0.46 in 3Q 2023)

Ayala Land, Inc. (PSE:ALI) acquired remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

Ayala Land, Inc. (PSE:ALI) acquired remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

First half dividend increased to ₱0.29

Ayala Land, Inc. Approves Cash Dividend for the Second Half of 2024, Payable on November 22, 2024

Senior Vice President recently sold ₱2.0m worth of stock

Senior Vice President recently sold ₱835k worth of stock

New minor risk - Insider selling

Senior Vice President recently sold ₱14m worth of stock

Senior Vice President recently sold ₱6.6m worth of stock

Senior Vice President recently sold ₱6.2m worth of stock

Second quarter 2024 earnings released: EPS: ₱0.46 (vs ₱0.45 in 2Q 2023)

Insider recently sold ₱590k worth of stock

Ayala Land, Inc. (PSE:ALI) signed a letter of intent to acquire remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

Insider recently sold ₱735k worth of stock

First quarter 2024 earnings released: EPS: ₱0.42 (vs ₱0.30 in 1Q 2023)

Full year 2023 earnings released: EPS: ₱1.63 (vs ₱1.26 in FY 2022)

Ayala Land, Inc. Announces Resignation of Solomon M. Hermosura as Corporate Secretary and Group General Counsel, Effective February 29, 2024

Upcoming dividend of ₱0.20 per share

Full year 2023 earnings released: EPS: ₱1.64 (vs ₱1.26 in FY 2022)

Dividend of ₱0.20 announced

Ayala Land, Inc. Approves Declaration of A Regular Cash Dividend for the First Half of 2024, Payable on March 21, 2024

Insider recently bought ₱6.1m worth of stock

Insider recently sold ₱3.3m worth of stock

Ayala Land, Inc., Annual General Meeting, Apr 25, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of ₱0.22 per share at 1.6% yield

Ayala Land, Inc. Declares Regular Cash Dividend for the Second Half of 2023, Payable on November 24, 2023

Ayala Land, Inc. Announces Leadership Changes

Ayala Land, Inc. Announces CEO Changes

Ayala Land, Inc. Announces Executive Changes

Executive VP recently sold ₱1m worth of stock

Ayala Land, Inc. Appoints Isabel D. Sagun as Vice President and Operations HR Head

Second quarter 2023 earnings released: EPS: ₱0.45 (vs ₱0.33 in 2Q 2022)

New minor risk - Dividend sustainability

Executive VP recently sold ₱190k worth of stock

Less than half of directors are independent

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Executive VP recently sold ₱2.0m worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently sold ₱3.3m worth of stock

Insider recently sold ₱3.2m worth of stock

Ayala Land, Inc. Announces Executive Appointments

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Upcoming dividend of ₱0.14 per share

Ayala Land, Inc. Announces Board Changes

Ayala Land, Inc. Approves the Declaration of Cash Dividends, Payable on November 18, 2022

Ayala Land, Inc. Announces Resignation of Fernando Zobel De Ayala as Member and Chairman of Board

Ayala Land, Inc. Announces Board Changes

Ayala Land, Inc. Announces Board Changes

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Insider recently bought ₱268k worth of stock

Insider recently bought ₱3.0m worth of stock