Acen Management

Management criteria checks 0/4

Acen's CEO is John Eric Francia, appointed in May 2019, has a tenure of 5.58 years. directly owns 0.29% of the company’s shares, worth ₱455.46M. The average tenure of the management team and the board of directors is 1.1 years and 2.3 years respectively.

Key information

John Eric Francia

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.6yrs
CEO ownership	0.3%
Management average tenure	1.1yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO

John Eric Francia (53 yo)

5.6yrs

Tenure

Mr. John Eric Tecson Francia is Group Chief Executive Officer, President and Director at Acen Corporation since May 15, 2019. Mr. John is Senior Managing Director of Ayala Corporation. He is the Vice Chair...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Eric Francia	President	5.6yrs	no data	0.29% ₱ 455.5m
Jonathan Back	Group CFO & Group Chief Strategy Officer	less than a year	no data	no data
Jose-Maria-Eduardo Zabaleta	CEO of ACEN Development	less than a year	no data	0.013% ₱ 20.7m
Patrice Clausse	Group Chief Investment Officer	less than a year	no data	0.085% ₱ 135.4m
John Philip Orbeta	Group Chief Human Resources Officer	3.2yrs	no data	0.035% ₱ 56.2m
Dodjie De Gracia Lagazo	Group Compliance Officer	5.3yrs	no data	0.022% ₱ 35.5m
Roman Miguel de Jesus	Managing Director of Philippines	5.6yrs	no data	no data
Mae-Christine Go	Chief Audit Executive	1.1yrs	no data	0.000010% ₱ 15.9k
David Pollington	Managing Director of Australia	less than a year	no data	no data
Kyla Kamille Samson	Controller	2.2yrs	no data	0.00050% ₱ 793.5k
Maria Cecile Cruzabra	Group Treasurer	no data	no data	0.0011% ₱ 1.7m
Maria Franchette Acosta	Corporate Secretary	less than a year	no data	no data

1.1yrs

Average Tenure

50yo

Average Age

Experienced Management: ACEN's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
John Eric Francia	President	5.6yrs	no data	0.29% ₱ 455.5m
Gerardo Ablaza	Director	less than a year	no data	0.0098% ₱ 15.5m
Cezar Juan Consing	Chairman of the Board	3.7yrs	₱2.94m	0.0014% ₱ 2.2m
Maria Heras-De Leon	Independent Director	1.7yrs	₱2.34m	0% ₱ 0
Jaime Alfonso Antonio Eder de Ayala	Director	2.3yrs	₱2.69m	0.00028% ₱ 444.4k
Melinda Ocampo	Independent Director	5.3yrs	₱3.78m	0.000060% ₱ 95.2k
Jesse Ong Ang	Independent Director	1.7yrs	₱2.97m	0% ₱ 0
Nicole Goh Khim	Director	3.8yrs	₱3.24m	no data
Dean Travers	Director	2.7yrs	₱2.36m	0% ₱ 0
Jaime Urquijo	Director	less than a year	no data	0.00044% ₱ 698.3k
Garry Lester	Independent Director	1.7yrs	₱3.20m	0% ₱ 0

2.3yrs

Average Tenure

58yo

Average Age

Experienced Board: ACEN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 08:18
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Acen Corporation is covered by 10 analysts. 4 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
Julian Vincent Roxas	BofA Global Research
Jame Osman	Citigroup Inc
Bennette Fajardo	CLSA

Acen Management

Management criteria checks 0/4

Key information

Recent management updates

Acen Corporation Announces Election of Directors

Acen Corporation Announces Board and Committee Changes

Acen Corporation, Annual General Meeting, Apr 24, 2024

Acen Corporation Announces Executive Changes

Acen Corporation Appoints Ms. Mae Christine L. Go as Chief Audit Executive

Acen Corporation Announces CFO Changes

Recent updates

Third quarter 2024 earnings released: EPS: ₱0.03 (vs ₱0.059 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ₱0.08 (vs ₱0.056 in 2Q 2023)

Upcoming dividend of ₱0.05 per share

Investor sentiment improves as stock rises 20%

First quarter 2024 earnings released: EPS: ₱0.06 (vs ₱0.051 in 1Q 2023)

Acen Corporation Announces Election of Directors

Acen Corporation Announces Board and Committee Changes

Investor sentiment deteriorates as stock falls 16%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Acen Corporation, Annual General Meeting, Apr 24, 2024

Consensus EPS estimates fall by 12%

Investor sentiment deteriorates as stock falls 17%

Acen Corporation Announces Executive Changes

New major risk - Earnings quality

Acen Corporation Appoints Ms. Mae Christine L. Go as Chief Audit Executive

Third quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.049 in 3Q 2022)

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.046 in 2Q 2022)

Acen Corporation Announces CFO Changes

Insider recently bought ₱5.1m worth of stock

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates fall by 24%

Price target decreased by 7.3% to ₱7.09

Consensus revenue estimates increase by 21%

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.6% to ₱7.07

Consensus EPS estimates fall by 18%

Company Secretary recently bought ₱600k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Acen Corporation (PSE:ACEN) agreed to acquire a 5% stake in SP New Energy Corporation (PSE:SPNEC) from Solar Philippines Power Project Holdings, Inc.

Acen Corporation Appoints Mr. Jonathan Back as Chief Strategy Officer

Insider recently sold ₱9.5m worth of stock

Acen Corporation (PSE:ACEN) signed an agreement for the sale and purchase of Sinocalan Solar Power Corp from Sungrow Power Renewables Corp. and Havilah AAA Holdings Corp.

Acen Corporation (PSE:ACEN) signed an agreement for the sale and purchase of Sinocalan Solar Power Corp from Sungrow Power Renewables Corp. and Havilah AAA Holdings Corp.

Price target decreased to ₱7.17

Less than half of directors are independent

Acen Corporation Announces Executive Appointments

Price target decreased to ₱7.17

Acen Corporation Announces Management Changes

Acen Corporation Announces Board Appointments

Insider recently bought ₱650k worth of stock

Insider recently bought ₱700k worth of stock

Acen Corporation Announces the Resignation of Mr. Fernando Zobel De Ayala as Member and Chairman of Board of Directors

Insider recently bought ₱7.6m worth of stock

Insider recently sold ₱1.7m worth of stock

Second quarter 2022 earnings released: EPS: ₱0.05 (vs ₱0.07 in 2Q 2021)

The Insular Life Assurance Company, Ltd. and other investors agreed to acquire South Luzon Thermal Energy Corp. from AC Energy Corporation (PSE:ACEN) for PHP 3.7 billion.

The Insular Life Assurance Company, Ltd. and other investors agreed to acquire South Luzon Thermal Energy Corp. from AC Energy Corporation (PSE:ACEN).

Insider recently sold ₱16m worth of stock

Insider recently sold ₱1.5m worth of stock

Price target decreased to ₱9.13

Consensus EPS estimates fall by 23%

Price target increased to ₱11.11

New South Wales Supports Battery Energy Storage Development of AC Energy Corporation's New England Solar Farm

AC Energy Corporation Appoints Juan Martin L. Syquia as Deputy Chief Finance Officer, Effective May 16, 2022

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

Less than half of directors are independent

AC Energy Corporation Approves Election of Dean L. Travers as Director

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

Upcoming dividend of ₱0.06 per share

Insider recently sold ₱2.5m worth of stock

Consensus forecasts updated

AC Energy Corporation Announces Declaration of Cash Dividend Payable on or Before April 19, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold ₱875k worth of stock

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

Vice Chairman of the Board recently sold ₱2.6m worth of stock

Chief Administrative Officer recently bought ₱12m worth of stock

Chief Administrative Officer recently bought ₱31m worth of stock