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ALI

Ayala LandPSE:ALI Stock Report

Market Cap

₱498.7b

7D

2.9%

1Y

13.8%

Updated

27 Sep, 2021

Data

Company Financials +
ALI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance1/6
Financial Health3/6
Dividends0/6

ALI Overview

Ayala Land, Inc. operates as a property developer in the Philippines.

Ayala Land Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ayala Land
Historical stock prices
Current Share Price₱33.90
52 Week High₱29.00
52 Week Low₱42.10
Beta0.87
1 Month Change1.19%
3 Month Change-6.22%
1 Year Change13.76%
3 Year Change-16.50%
5 Year Change-13.96%
Change since IPO255.03%

Recent News & Updates

Shareholder Returns

ALIPH Real EstatePH Market
7D2.9%0.8%0.8%
1Y13.8%12.9%23.7%

Return vs Industry: ALI matched the PH Real Estate industry which returned 12.9% over the past year.

Return vs Market: ALI underperformed the PH Market which returned 23.7% over the past year.

Price Volatility

Is ALI's price volatile compared to industry and market?
ALI volatility
ALI Beta0.87
Industry Beta0.81
Market Beta1

Stable Share Price: ALI is not significantly more volatile than the rest of PH stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19886,180Bobby Dyhttps://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 planned communities; and sells override units.

Ayala Land Fundamentals Summary

How do Ayala Land's earnings and revenue compare to its market cap?
ALI fundamental statistics
Market Cap₱498.73b
Earnings (TTM)₱10.19b
Revenue (TTM)₱102.71b

49.0x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALI income statement (TTM)
Revenue₱102.71b
Cost of Revenue₱63.54b
Gross Profit₱39.17b
Expenses₱28.99b
Earnings₱10.19b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin38.14%
Net Profit Margin9.92%
Debt/Equity Ratio80.6%

How did ALI perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is Ayala Land undervalued compared to its fair value and its price relative to the market?

11.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALI (PHP33.9) is trading below our estimate of fair value (PHP38.27)

Significantly Below Fair Value: ALI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ALI is poor value based on its PE Ratio (49x) compared to the PH Real Estate industry average (11.1x).

PE vs Market: ALI is poor value based on its PE Ratio (49x) compared to the PH market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: ALI is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: ALI is overvalued based on its PB Ratio (2.2x) compared to the PH Real Estate industry average (0.7x).


Future Growth

How is Ayala Land forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

44.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALI's forecast earnings growth (44.9% per year) is above the savings rate (4.9%).

Earnings vs Market: ALI's earnings (44.9% per year) are forecast to grow faster than the PH market (23% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALI's revenue (23.3% per year) is forecast to grow faster than the PH market (12.3% per year).

High Growth Revenue: ALI's revenue (23.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALI's Return on Equity is forecast to be low in 3 years time (10.6%).


Past Performance

How has Ayala Land performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALI has high quality earnings.

Growing Profit Margin: ALI's current net profit margins (9.9%) are lower than last year (17.7%).


Past Earnings Growth Analysis

Earnings Trend: ALI's earnings have declined by 5.6% per year over the past 5 years.

Accelerating Growth: ALI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALI had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Real Estate industry average (-29.8%).


Return on Equity

High ROE: ALI's Return on Equity (4.8%) is considered low.


Financial Health

How is Ayala Land's financial position?


Financial Position Analysis

Short Term Liabilities: ALI's short term assets (PHP327.1B) exceed its short term liabilities (PHP217.5B).

Long Term Liabilities: ALI's short term assets (PHP327.1B) exceed its long term liabilities (PHP246.3B).


Debt to Equity History and Analysis

Debt Level: ALI's debt to equity ratio (80.6%) is considered high.

Reducing Debt: ALI's debt to equity ratio has reduced from 98.1% to 80.6% over the past 5 years.

Debt Coverage: ALI's debt is not well covered by operating cash flow (8%).

Interest Coverage: ALI's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

What is Ayala Land current dividend yield, its reliability and sustainability?

0.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALI's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the PH market (1.16%).

High Dividend: ALI's dividend (0.4%) is low compared to the top 25% of dividend payers in the PH market (4.16%).


Stability and Growth of Payments

Stable Dividend: ALI is not paying a notable dividend for the PH market, therefore no need to check if payments are stable.

Growing Dividend: ALI is not paying a notable dividend for the PH market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ALI is not paying a notable dividend for the PH market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALI's dividend in 3 years as they are not forecast to pay a notable one for the PH market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Bobby Dy (58 yo)

7.42yrs

Tenure

Mr. Bernard Vincent Olmedo Dy, also known as Bobby, serves as Chairman of the Board at Cebu Holdings, Inc. since December 3, 2020. Mr. Dy has been a Non Executive Director at AREIT, Inc. since February 10,...


Leadership Team

Experienced Management: ALI's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: ALI's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALI insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ayala Land, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ayala Land, Inc.
  • Ticker: ALI
  • Exchange: PSE
  • Founded: 1988
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: ₱498.730b
  • Shares outstanding: 14.71b
  • Website: https://www.ayalaland.com.ph

Number of Employees


Location

  • Ayala Land, Inc.
  • Tower One and Exchange Plaza
  • 31st Floor
  • Makati City
  • 1226
  • Philippines

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:33
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.