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RLC

Robinsons Land PSE:RLC Stock Report

Last Price

₱17.28

Market Cap

₱85.9b

7D

0%

1Y

-6.0%

Updated

05 Jul, 2022

Data

Company Financials +
RLC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

RLC Stock Overview

Robinsons Land Corporation, together with its subsidiaries, acquires, develops, operates, leases, disposes, and sells real estate properties in the Philippines.

Robinsons Land Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Robinsons Land
Historical stock prices
Current Share Price₱17.28
52 Week High₱20.90
52 Week Low₱15.32
Beta0.76
1 Month Change-9.43%
3 Month Change-15.09%
1 Year Change-5.99%
3 Year Change-34.79%
5 Year Change-28.00%
Change since IPO707.49%

Recent News & Updates

Shareholder Returns

RLCPH Real EstatePH Market
7D0%-0.7%-0.2%
1Y-6.0%-11.5%-8.6%

Return vs Industry: RLC exceeded the PH Real Estate industry which returned -14.6% over the past year.

Return vs Market: RLC exceeded the PH Market which returned -10.3% over the past year.

Price Volatility

Is RLC's price volatile compared to industry and market?
RLC volatility
RLC Average Weekly Movement4.2%
Real Estate Industry Average Movement5.5%
Market Average Movement5.5%
10% most volatile stocks in PH Market10.1%
10% least volatile stocks in PH Market3.2%

Stable Share Price: RLC is less volatile than 75% of PH stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RLC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19802,303Frederick Gohttps://www.robinsonsland.com

Robinsons Land Corporation, together with its subsidiaries, acquires, develops, operates, leases, disposes, and sells real estate properties in the Philippines. It operates through Commercial Centers Division, Residential Division, Office Buildings Division, Hotels and Resorts Division, Logistics and Industrial Facilities Division, and Integrated Developments Division. The company is also involved in the development and sale of residential condominium units, as well as horizontal residential projects; and development and leasing of office spaces; ownership and operation of a chain of hotels.

Robinsons Land Fundamentals Summary

How do Robinsons Land's earnings and revenue compare to its market cap?
RLC fundamental statistics
Market Cap₱85.94b
Earnings (TTM)₱6.52b
Revenue (TTM)₱26.49b

13.5x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RLC income statement (TTM)
Revenue₱26.49b
Cost of Revenue₱14.20b
Gross Profit₱12.29b
Other Expenses₱5.77b
Earnings₱6.52b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.28
Gross Margin46.40%
Net Profit Margin24.61%
Debt/Equity Ratio32.3%

How did RLC perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

40%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

RLC 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/Revenue4.7x
Enterprise Value/EBITDA8.7x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

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

RLC PE Ratio vs Peers
The above table shows the PE ratio for RLC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.5x
ALI Ayala Land
31.1x29.9%₱379.9b
SHNG Shang Properties
5.5xn/a₱12.1b
CPG Century Properties Group
5xn/a₱4.3b
MEG Megaworld
4.8x14.5%₱64.4b
RLC Robinsons Land
13.5x16.7%₱85.9b

Price-To-Earnings vs Peers: RLC is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (11.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: RLC is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the PH Real Estate industry average (7.3x)


Price to Earnings Ratio vs Fair Ratio

What is RLC'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.

RLC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio13.9x

Price-To-Earnings vs Fair Ratio: RLC is good value based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.9x).


Share Price vs Fair Value

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

Below Fair Value: RLC (₱17.28) is trading above our estimate of fair value (₱5.83)

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


Price to Earnings Growth Ratio

PEG Ratio: RLC is good value based on its PEG Ratio (0.8x)


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Future Growth

How is Robinsons Land forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RLC's forecast earnings growth (16.7% per year) is above the savings rate (5%).

Earnings vs Market: RLC's earnings (16.7% per year) are forecast to grow slower than the PH market (21.3% per year).

High Growth Earnings: RLC's earnings are forecast to grow, but not significantly.

Revenue vs Market: RLC's revenue (5.3% per year) is forecast to grow slower than the PH market (9.9% per year).

High Growth Revenue: RLC's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RLC's Return on Equity is forecast to be low in 3 years time (7.7%).


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Past Performance

How has Robinsons Land performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


2.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RLC has high quality earnings.

Growing Profit Margin: RLC's current net profit margins (24.6%) are higher than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: RLC's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: RLC's earnings growth over the past year (29.1%) exceeds its 5-year average (2.9% per year).

Earnings vs Industry: RLC earnings growth over the past year (29.1%) underperformed the Real Estate industry 38%.


Return on Equity

High ROE: RLC's Return on Equity (5.7%) is considered low.


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Financial Health

How is Robinsons Land's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RLC's short term assets (₱68.5B) exceed its short term liabilities (₱45.7B).

Long Term Liabilities: RLC's short term assets (₱68.5B) exceed its long term liabilities (₱49.0B).


Debt to Equity History and Analysis

Debt Level: RLC's net debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: RLC's debt to equity ratio has reduced from 68% to 32.3% over the past 5 years.

Debt Coverage: RLC's debt is well covered by operating cash flow (31.9%).

Interest Coverage: RLC's interest payments on its debt are well covered by EBIT (7x coverage).


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.89%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RLC's dividend (2.89%) is higher than the bottom 25% of dividend payers in the PH market (1.54%).

High Dividend: RLC's dividend (2.89%) is low compared to the top 25% of dividend payers in the PH market (4.92%).


Stability and Growth of Payments

Stable Dividend: RLC's dividend payments have been volatile in the past 10 years.

Growing Dividend: RLC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.7%), RLC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.4%), RLC's dividend payments are well covered by cash flows.


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Management

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

4.1yrs

Average management tenure


CEO

Frederick Go (53 yo)

15.92yrs

Tenure

Mr. Frederick D. Go has been the President of Robinsons Land Corp. since August 28, 2006 and has been its Chief Executive Officer since May 11, 2018. Mr. Go served as the Chief Operating Officer of Robinso...


Leadership Team

Experienced Management: RLC's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: RLC's board of directors are seasoned and experienced ( 19.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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

Robinsons Land Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Robinsons Land Corporation
  • Ticker: RLC
  • Exchange: PSE
  • Founded: 1980
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: ₱85.936b
  • Shares outstanding: 5.10b
  • Website: https://www.robinsonsland.com

Number of Employees


Location

  • Robinsons Land Corporation
  • Galleria Corporate Center
  • Level 2
  • Quezon City
  • 1605
  • Philippines

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.