Ayala Land, Inc.

PSE:ALI Stock Report

Market Cap: ₱440.6b

Ayala Land Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ALI (₱29.95) is trading above our estimate of fair value (₱1.77)

Significantly Below Fair Value: ALI is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As ALI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALI. This is calculated by dividing ALI's market cap by their current earnings.
What is ALI's PE Ratio?
PE Ratio16.2x
Earnings₱27.20b
Market Cap₱440.61b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.3x
RLC Robinsons Land
5x10.8%₱66.2b
SHNG Shang Properties
3.8xn/a₱18.6b
SMPH SM Prime Holdings
18.5x8.5%₱808.6b
CPG Century Properties Group
1.9xn/a₱4.3b
ALI Ayala Land
16.2x14.0%₱440.6b

Price-To-Earnings vs Peers: ALI is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (7.3x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ABA AbaCore Capital Holdings
1.3xn/aUS$50.34m
No more companies available in this PE range
ALI 16.2xIndustry Avg. 5.0xNo. of Companies10PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALI is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the PH Real Estate industry average (5x).

Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ratio9.6x

Price-To-Earnings vs Fair Ratio: ALI is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the estimated Fair Price-To-Earnings Ratio (9.6x).

Analyst Price Targets

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

The above table shows the analyst ALI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₱29.95
₱41.01
+36.9%
5.9%₱45.00₱35.80n/a12
Nov ’25₱32.70
₱40.98
+25.3%
5.9%₱45.00₱35.80n/a12
Oct ’25₱37.50
₱40.56
+8.2%
6.5%₱45.00₱35.80n/a12
Sep ’25₱35.30
₱39.68
+12.4%
5.8%₱43.80₱35.80n/a12
Aug ’25₱29.40
₱39.23
+33.4%
6.4%₱45.00₱35.80n/a12
Jul ’25₱28.90
₱39.60
+37.0%
7.6%₱45.00₱34.20n/a12
Jun ’25₱26.25
₱39.60
+50.9%
7.6%₱45.00₱34.20n/a12
May ’25₱28.75
₱40.18
+39.8%
8.4%₱45.00₱34.20n/a12
Apr ’25₱33.25
₱40.90
+23.0%
10.0%₱49.00₱34.20n/a12
Mar ’25₱34.80
₱40.74
+17.1%
10.0%₱49.00₱34.20n/a12
Feb ’25₱33.65
₱40.00
+18.9%
9.9%₱46.20₱33.00n/a12
Jan ’25₱34.45
₱38.43
+11.6%
9.2%₱46.20₱33.00n/a12
Dec ’24₱31.00
₱37.52
+21.0%
7.8%₱45.00₱33.00n/a12
Nov ’24₱27.85
₱37.57
+34.9%
7.8%₱45.00₱33.00₱32.7012
Oct ’24₱29.45
₱37.32
+26.7%
8.2%₱45.00₱33.00₱37.5012
Sep ’24₱28.05
₱37.09
+32.2%
8.2%₱45.00₱33.00₱35.3013
Aug ’24₱28.10
₱35.79
+27.4%
12.3%₱44.00₱24.00₱29.4012
Jul ’24₱24.30
₱35.79
+47.3%
12.3%₱44.00₱24.00₱28.9012
Jun ’24₱25.85
₱36.35
+40.6%
12.0%₱44.00₱24.00₱26.2513
May ’24₱26.65
₱36.87
+38.3%
11.9%₱44.00₱24.00₱28.7513
Apr ’24₱26.50
₱36.60
+38.1%
12.1%₱44.00₱24.00₱33.2513
Mar ’24₱28.85
₱36.74
+27.3%
12.0%₱44.00₱24.00₱34.8013
Feb ’24₱30.50
₱36.66
+20.2%
11.6%₱42.00₱24.00₱33.6513
Jan ’24₱30.80
₱36.63
+18.9%
12.0%₱42.00₱24.00₱34.4512
Dec ’23₱29.60
₱36.21
+22.3%
12.2%₱42.00₱24.00₱31.0012
Nov ’23₱25.50
₱35.65
+39.8%
12.2%₱41.00₱24.00₱27.8512

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

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