Megaworld Management

Management criteria checks 1/4

Megaworld's CEO is Lourdes Gutierrez-Alfonso, appointed in Jun 2024, has a tenure of less than a year. directly owns 0.003% of the company’s shares, worth ₱1.75M. The average tenure of the management team and the board of directors is 7.3 years and 2.8 years respectively.

Key information

Lourdes Gutierrez-Alfonso

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.003%
Management average tenure	7.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

Expansion Into Tourism And High-End Real Estate Will Strengthen Future Prospects

Feb 08 Focus on upper-middle to high-end real estate supports strong profit margins by targeting less price-sensitive consumers.

CEO

Lourdes Gutierrez-Alfonso (60 yo)

less than a year

Tenure

Ms. Lourdes T. Gutierrez-Alfonso is Director of Alliance Global Group, Inc. from July 18, 2024. Ms. Gutierrez-Alfonso serves as Director at MREIT Inc. Ms. Gutierrez-Alfonso has been Managing Director of Gl...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lourdes Gutierrez-Alfonso	President & Director	less than a year	no data	0.0030% ₱ 1.8m
Francisco Canuto	Senior VP	no data	no data	0.0011% ₱ 662.2k
Lourdes Ramilo	Principal Accounting Officer & Comptroller	no data	no data	no data
Rafael Antonio Perez	Head of Human Resources & Corporate Administration Division	16.8yrs	no data	no data
Krizelle Marie Poblacion	Legal Counsel	no data	no data	no data
Kimberly Hazel Sta. Maria	Assistant VP and Head of Corporate Communications & Advertising	no data	no data	no data
Noli Hernandez	Executive Vice President for Sales & Marketing	no data	no data	no data
Maria Marivic Victoria Acosta	Executive VP & MD for International Marketing	no data	no data	no data
Giovanni Ng	Senior VP & Finance Director	no data	no data	no data
Kevin Andrew Tan	Executive Director	8.8yrs	no data	0.0011% ₱ 662.2k
Maria Carla Uykim	Head of Corporate Advisory & Compliance Division	no data	no data	no data
Graham Coates	Head of Megaworld Lifestyle Malls	5.7yrs	no data	no data

7.3yrs

Average Tenure

54yo

Average Age

Experienced Management: MEG's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lourdes Gutierrez-Alfonso	President & Director	less than a year	no data	0.0030% ₱ 1.8m
Kevin Andrew Tan	Executive Director	less than a year	no data	0.0011% ₱ 662.2k
Andrew Tan	Non-Executive Chairman	35.7yrs	no data	0% ₱ 0
Enrique Santos Sy	Non-Executive Director	15.8yrs	no data	0.00025% ₱ 146.5k
Alejo Villanueva	Independent Director	2.8yrs	no data	0% ₱ 0
Cresencio Aquino	Lead Independent Director	7.2yrs	no data	0% ₱ 0
Ma. Campomanes-Yuhico	Independent Director	less than a year	no data	0% ₱ 0

2.8yrs

Average Tenure

70yo

Average Age

Experienced Board: MEG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/24 04:21
End of Day Share Price	2025/04/24 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

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

Megaworld Corporation is covered by 22 analysts. 5 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
Ricardo Puig	Citigroup Inc

Megaworld Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Megaworld Corporation Announces Board Changes

Less than half of directors are independent

Megaworld Corporation Announces Board Changes

Megaworld Corporation Appoints Lourdes T. Gutierrez-Alfonso as New President

Megaworld Corporation, Annual General Meeting, May 13, 2024

Recent updates

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Expansion Into Tourism And High-End Real Estate Will Strengthen Future Prospects

Megaworld to Expand Township Portfolio in Luzon, Visayas This Year

Less than half of directors are independent

Megaworld Corporation Announces Board Changes

Third quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.13 in 3Q 2023)

Dividend increased to ₱0.082

Less than half of directors are independent

Megaworld Corporation Announces Board Changes

Price target increased by 9.3% to ₱2.38

New minor risk - Shareholder dilution

Price target decreased by 7.4% to ₱2.18

Second quarter 2024 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2023)

Megaworld Corporation Appoints Lourdes T. Gutierrez-Alfonso as New President

Price target decreased by 11% to ₱2.36

Megaworld Corporation has filed a Follow-on Equity Offering in the amount of PHP 2.6125 billion.

First quarter 2024 earnings released: EPS: ₱0.14 (vs ₱0.13 in 1Q 2023)

Megaworld Corporation, Annual General Meeting, May 13, 2024

Consensus revenue estimates increase by 12%

Full year 2023 earnings released: EPS: ₱0.56 (vs ₱0.43 in FY 2022)

Price target increased by 15% to ₱2.97

Consensus EPS estimates increase by 13%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₱0.066 per share at 3.0% yield

Megaworld Corporation Declares Cash Dividends on Outstanding Common Shares, Payable on 14 November 2023

Megaworld Corporation to Build 26-Storeys, Two-Tower Residential Condominium Development in Bacolod

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

Megaworld Corporation to Build Standalone Convention Center Near the Beach in Mactan

Megaworld Corporation to Build its First Beachside Residential Condominium Development in San Vicente, Palawan

Megaworld Corporation Announces Executive Appointments

Consensus EPS estimates increase by 10%, revenue downgraded

First quarter 2023 earnings released: EPS: ₱0.13 (vs ₱0.098 in 1Q 2022)

Megaworld to Build Savoy Hotel in Palawan the 306-Room `Luxury Green Hotel' Is Close to the Beach of the 462-Hectare Paragua Coastown

Megaworld Corporation Announces Resignation of Cheryll B. Sereno as Chief Risk Officer

Megaworld Corporation Launches New Residential Tower Inside the 3-Hectare Winford Resort Inspired by `Old Manila'

Third quarter 2022 earnings released: EPS: ₱0.081 (vs ₱0.10 in 3Q 2021)

Less than half of directors are independent

Megaworld Corporation to Build Vion West

Price target decreased to ₱2.97

Price target decreased to ₱3.21

Megaworld Corporation Declares Cash Dividend for 2022, Payable on 14 November 2022

Second quarter 2022 earnings released: EPS: ₱0.089 (vs ₱0.084 in 2Q 2021)

Megaworld Corporation Launches its Third Residential Condominium Project, Montrose Parkview, Inside its 35.6-Hectare Capital Town in the City of San Fernando, Pampanga

Price target decreased to ₱3.50

Megaworld Corporation Approves Appointment of Alejo L. Villanueva, Jr. as Independent Directors of the Company

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Megaworld Corporation, Annual General Meeting, Jun 17, 2022

Less than half of directors are independent

Third quarter 2021 earnings released: EPS ₱0.10 (vs ₱0.063 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₱0.084 (vs ₱0.052 in 2Q 2020)

Megaworld Lines Up 21 Major Projects Across the Country to Further Boost Rental Income Portfolio

Investor sentiment improved over the past week

Consensus forecasts updated

First quarter 2021 earnings released: EPS ₱0.07 (vs ₱0.11 in 1Q 2020)

Price target decreased to ₱4.23

Full year 2020 earnings released: EPS ₱0.29 (vs ₱0.55 in FY 2019)

New 90-day low: ₱3.70

New 90-day high: ₱4.18

New 90-day high: ₱4.02

Chairman recently sold ₱380m worth of stock

Third quarter 2020 earnings released: EPS ₱0.063

Revenue beats expectations, earnings disappoint

New 90-day high: ₱3.25

New 90-day low - ₱2.88

First half earnings released

Price target lowered to ₱3.94

CEO

Tenure

Leadership Team