Belle Corporation

PSE:BEL Stock Report

Market Cap: ₱14.1b

Belle Past Earnings Performance

Past criteria checks 5/6

Belle has been growing earnings at an average annual rate of 16.2%, while the Real Estate industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 5.2% per year. Belle's return on equity is 6.2%, and it has net margins of 42.2%.

Key information

16.2%

Earnings growth rate

14.4%

EPS growth rate

Real Estate Industry Growth8.0%
Revenue growth rate5.2%
Return on equity6.2%
Net Margin42.2%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Belle makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

PSE:BEL Revenue, expenses and earnings (PHP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 255,6852,4006540
31 Dec 245,6912,3347280
30 Sep 245,2871,8087800
30 Jun 245,3211,6569220
31 Mar 245,2691,7447170
31 Dec 235,4881,8847700
30 Sep 235,2581,5697320
30 Jun 236,8182,0171,1210
31 Mar 235,4721,5038900
31 Dec 225,2271,3967670
30 Sep 225,3101,6037180
30 Jun 222,8788192630
31 Mar 223,7275976220
31 Dec 213,3275776860
30 Sep 213,5438179640
30 Jun 213,8788099350
31 Mar 213,5899938630
31 Dec 204,0471,0018790
30 Sep 204,5168019260
30 Jun 205,1841,1601,0530
31 Mar 206,8972,2571,1220
31 Dec 197,3792,6109930
30 Sep 197,6862,7971,5210
30 Jun 198,0672,8721,5110
31 Mar 198,2592,7261,6200
31 Dec 188,4092,6481,6700
30 Sep 188,1462,8791,4390
30 Jun 188,3083,0061,4660
31 Mar 187,9602,9281,4250
31 Dec 177,9142,8721,4880
30 Sep 177,7963,2881,5190
30 Jun 177,2973,4141,1900
31 Mar 176,7112,9751,0970
31 Dec 166,2152,7009770
30 Sep 165,7762,0957540
30 Jun 165,3901,5257420
31 Mar 165,2231,5246960
31 Dec 155,0591,5347300
30 Sep 155,3441,6188460
30 Jun 154,6911,8039690
31 Mar 153,7592,2498490
01 Jan 153,0882,5705440
30 Sep 142,0343,9208720
30 Jun 141,9504,4987170

Quality Earnings: BEL has high quality earnings.

Growing Profit Margin: BEL's current net profit margins (42.2%) are higher than last year (33.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BEL's earnings have grown by 16.2% per year over the past 5 years.

Accelerating Growth: BEL's earnings growth over the past year (37.6%) exceeds its 5-year average (16.2% per year).

Earnings vs Industry: BEL earnings growth over the past year (37.6%) exceeded the Real Estate industry 9.5%.

Return on Equity

High ROE: BEL's Return on Equity (6.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 14:56
End of Day Share Price 2025/05/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Belle Corporation is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael BeerCitigroup Inc
Leo VenezuelaCLSA
Justin CimafrancaCredit Suisse