Robinsons Land Corporation, together with its subsidiaries, engages in acquiring, developing, operating, leasing, disposing, and selling real properties in the Philippines.
The last earnings update was 13 days ago.
Discounted Cash Flow Calculation for OTCPK:RBLA.Y using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
OTCPK:RBLA.Y DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Robinsons Land's earnings available for a low price, and how does
this compare to other companies in the same industry?
Robinsons Land's earnings are expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
Robinsons Land's revenue is expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Robinsons Land's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
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 Robinsons Land Corp. from August 28, 2006 to May 11, 2018. Mr. Go serves as the Chief Operating Officer of Big R Stores and Robinsons Convenience Store. He serves as the President of Robinsons Recreation Corporation. He serves as Group General Manager of Shanghai Ding Feng Real Estate Development Company Limited, Xiamen Pacific Estate Investment Company Limited, Chengdu Ding Feng Real Estate Development Company Limited and Taicang Ding Feng Real Estate Development Company Limited. He served as an Executive Vice President at Robinsons Land Corp. He served as Chief Operating Officer of the Commercial Centers, High Rise Buildings, Housing and Land Development and Hotels Divisions at Robinsons Land Corp. He serves as a Vice Chairman of Robinsons Savings Bank and Robinsons Bank. He serves as a Vice Chairman of the Philippine Retailers Association. He has been a Non Executive Director of Cebu Air, Inc. since August 1, 2007. He has been a Director of URC International Co., Ltd. since June 2001. Mr. Go has been a Director of Universal Robina (Cayman), Ltd. and Robinsons Land Corp. since May 6, 1999. He serves as a Director of Robinsons Recreation Corporation, JG Summit Petrochemical Corporation, Waltermart-Handyman, Inc., Robinsons Savings Bank, CFC Corporation, Robinsons Handyman Inc., Robinsons Venture Corporation, Robinsons-Abenson Appliances Corporation and the Philippine Retailers Association, Robinsons Convenience Stores, Inc., Robinsons Distribution Center Inc., CFC Corporation, North City Properties, Inc., Robinsons Ventures Corporation, Handyman Express Mart, Inc., Cebu Light Industrial Park and Philippine Hotels Federation. He served as Director of Universal Robina Corporation (URC) from June 2001 to May 14, 2018. Mr. Go received a Bachelor of Science degree in Management Engineering from the Ateneo De Manila University.
Insufficient data for Frederick to compare compensation growth.
Insufficient data for Frederick to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Robinsons Land management team is about average.
Founder & Chairman Emeritus
Kerwin S. Tan
Chief Financial Officer
Head of Investor Relations
Vice President of Business Development & Marketing for Office Buildings Division
Senior VP & Chief Strategy Officer
Senior VP & Business Unit GM
Maria Socorro Isabelle Aragon-Gobio
Senior VP & Business Unit GM
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Robinsons Land board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Robinsons Land Corporation, together with its subsidiaries, engages in acquiring, developing, operating, leasing, disposing, and selling real properties in the Philippines. It operates through five divisions: Commercial Center, Residential, Office Buildings, Hotels and Resorts, and Infrastructure and Integrated Developments. The company also develops and sells residential condominium spaces, as well as high-end horizontal residential projects; and develops and leases office spaces, as well as owns and operates a chain of hotels in various locations in the Philippines. It is involved in the development of warehouse and logistics facilities; and development of mixed-use property projects. As of December 31, 2018, it operated 51 shopping malls. The company was founded in 1980 and is based in Quezon City, the Philippines. Robinsons Land Corporation is a subsidiary of JG Summit Holdings, Inc.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.