City & Land Developers Valuation

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

LAND (₱0.69) is trading above our estimate of [[fair value]] (₱0.38)

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

Valuation Score

0/6

Valuation Score 0/6

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 LAND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LAND (₱0.69) is trading above our estimate of fair value (₱0.38)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LAND. This is calculated by dividing LAND's market cap by their current earnings.
What is LAND's PE Ratio?
PE Ratio	10.3x
Earnings	₱106.02m
Market Cap	₱1.06b

LAND 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/Revenue	2.6x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LAND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.6x
CEI Crown Equities	26.8x	n/a	₱852.7m
KEP Keppel Philippines Properties	4.3x	n/a	₱896.2m
ELI Empire East Land Holdings	2.3x	n/a	₱1.8b
IDC Italpinas Development	5x	n/a	₱931.8m
LAND City & Land Developers	10.3x	n/a	₱1.1b

Price-To-Earnings vs Peers: LAND is expensive based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (9.6x).

Price to Earnings Ratio vs Industry

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

1 Company	Price / Earnings	Estimated Growth	Market Cap
ABA AbaCore Capital Holdings	1.4x	n/a	US$49.69m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: LAND is expensive based on its Price-To-Earnings Ratio (10.3x) compared to the PH Real Estate industry average (5.5x).

Price to Earnings Ratio vs Fair Ratio

What is LAND'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.

LAND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LAND's Price-To-Earnings Fair Ratio 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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