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Robinsons Land

OTCPK:RBLA.Y
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RBLA.Y
OTCPK
PHP124B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

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. More info.


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RBLA.Y Share Price and Events
7 Day Returns
0%
OTCPK:RBLA.Y
-0.5%
US Real Estate
1.6%
US Market
1 Year Returns
-
OTCPK:RBLA.Y
-16.7%
US Real Estate
2.6%
US Market
RBLA.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Robinsons Land (RBLA.Y) 0% 0% - - - -13.5%
US Real Estate -0.5% -7.4% -9.2% -16.7% 18.9% 2.5%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • No trading data on RBLA.Y.
  • No trading data on RBLA.Y.
Price Volatility
RBLA.Y
Industry
5yr Volatility vs Market

RBLA.Y Value

 Is Robinsons Land undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Robinsons Land to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Robinsons Land.

OTCPK:RBLA.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:RBLA.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.108 (1 + (1- 30%) (28.65%))
1.221
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.22
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.221 * 5.96%)
10.01%

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 Robinsons Land 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
Levered FCF (PHP, Millions) Source Present Value
Discounted (@ 10.01%)
2019 -7,036.93 Analyst x1 -6,396.73
2020 -2,925.51 Analyst x2 -2,417.42
2021 4,205.00 Analyst x1 3,158.58
2022 3,029.58 Est @ -27.95% 2,068.63
2023 2,461.60 Est @ -18.75% 1,527.89
2024 2,158.71 Est @ -12.3% 1,217.99
2025 1,990.46 Est @ -7.79% 1,020.89
2026 1,898.16 Est @ -4.64% 884.98
2027 1,852.09 Est @ -2.43% 784.95
2028 1,835.80 Est @ -0.88% 707.26
Present value of next 10 years cash flows PHP2,557.02
OTCPK:RBLA.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= PHP1,835.80 × (1 + 2.73%) ÷ (10.01% – 2.73%)
PHP25,912.05
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= PHP25,912.05 ÷ (1 + 10.01%)10
PHP9,982.82
OTCPK:RBLA.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= PHP2,557.02 + PHP9,982.82
PHP12,539.84
Equity Value per Share
(PHP)
= Total value / Shares Outstanding
= PHP12,539.84 / 5,193.83
PHP2.41
OTCPK:RBLA.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:RBLA.Y represents 0.39248x of PSE:RLC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.39248x
Value per Share
(Listing Adjusted, USD)
= Value per Share (PHP) x Listing Adjustment Factor
= PHP 2.41 x 0.39248
$0.95
Value per share (USD) From above. $0.95
Current discount Discount to share price of $9.40
= -1 x ($9.40 - $0.95) / $0.95
-892%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Robinsons Land is above its future cash flow value.
Often investors are willing to pay a premium 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 Robinsons Land's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Robinsons Land's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:RBLA.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in PHP PHP1.64
PSE:RLC Share Price ** PSE (2019-03-28) in PHP PHP23.95
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Robinsons Land.

OTCPK:RBLA.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= PSE:RLC Share Price ÷ EPS (both in PHP)

= 23.95 ÷ 1.64

14.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Robinsons Land is good value based on earnings compared to the US Real Estate industry average.
  • Robinsons Land is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Robinsons Land's expected growth come at a high price?
Raw Data
OTCPK:RBLA.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
6.7%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

OTCPK:RBLA.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.63x ÷ 6.7%

2.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Robinsons Land is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Robinsons Land's assets?
Raw Data
OTCPK:RBLA.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in PHP PHP18.36
PSE:RLC Share Price * PSE (2019-03-28) in PHP PHP23.95
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
OTCPK:RBLA.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= PSE:RLC Share Price ÷ Book Value per Share (both in PHP)

= 23.95 ÷ 18.36

1.3x

* Primary Listing of Robinsons Land.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Robinsons Land is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Robinsons Land's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Robinsons Land has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RBLA.Y Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Robinsons Land expected to grow at an attractive rate?
  • Robinsons Land's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Robinsons Land's earnings growth is positive but not above the United States of America market average.
  • Robinsons Land's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:RBLA.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:RBLA.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 6.7%
OTCPK:RBLA.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 9.6%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:RBLA.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in PHP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:RBLA.Y Future Estimates Data
Date (Data in PHP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 44,187 21,968 9,895 4
2020-12-31 37,874 12,012 9,907 13
2019-12-31 36,549 14,677 9,140 10
OTCPK:RBLA.Y Past Financials Data
Date (Data in PHP Millions) Revenue Cash Flow Net Income *
2019-03-31 29,938 17,588 8,505
2018-12-31 29,519 13,290 8,216
2018-09-30 27,704 21,408 7,864
2018-06-30 24,598 14,512 6,290
2018-03-31 23,440 12,525 6,044
2017-12-31 22,517 14,399 5,881
2017-09-30 22,332 11,325 5,823
2017-06-30 22,931 11,687 5,457
2017-03-31 22,761 9,118 5,589
2016-12-31 22,809 9,550 5,758
2016-09-30 22,512 853 6,155
2016-06-30 21,434 420 6,217

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
OTCPK:RBLA.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Robinsons Land Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RBLA.Y Future Estimates Data
Date (Data in PHP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.09 2.22 1.96 2.00
2020-12-31 1.86 2.15 1.47 9.00
2019-12-31 1.75 1.86 1.68 7.00
OTCPK:RBLA.Y Past Financials Data
Date (Data in PHP Millions) EPS *
2019-03-31 1.64
2018-12-31 1.62
2018-09-30 1.64
2018-06-30 1.40
2018-03-31 1.43
2017-12-31 1.44
2017-09-30 1.42
2017-06-30 1.33
2017-03-31 1.36
2016-12-31 1.40
2016-09-30 1.50
2016-06-30 1.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Robinsons Land is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Robinsons Land's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Robinsons Land has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RBLA.Y Past Performance

  How has Robinsons Land performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Robinsons Land's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Robinsons Land's year on year earnings growth rate has been positive over the past 5 years.
  • Robinsons Land's 1-year earnings growth exceeds its 5-year average (40.7% vs 9.8%)
  • Robinsons Land's earnings growth has exceeded the US Real Estate industry average in the past year (40.7% vs -15.8%).
Earnings and Revenue History
Robinsons Land's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Robinsons Land Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RBLA.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in PHP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 29,938.48 8,504.73 4,061.02
2018-12-31 29,519.17 8,216.00 3,996.35
2018-09-30 27,704.47 7,864.04 3,606.68
2018-06-30 24,597.95 6,289.93 3,503.41
2018-03-31 23,439.51 6,043.78 3,356.83
2017-12-31 22,516.82 5,881.15 3,328.02
2017-09-30 22,332.34 5,823.35 3,296.83
2017-06-30 22,930.58 5,456.70 3,632.62
2017-03-31 22,760.52 5,589.43 3,651.00
2016-12-31 22,809.05 5,757.87 3,510.88
2016-09-30 22,511.56 6,154.53 3,402.72
2016-06-30 21,434.44 6,216.83 3,319.80
2016-03-31 20,922.23 6,103.28 3,142.06
2015-12-31 20,334.67 5,953.12 3,036.51
2015-09-30 19,714.29 5,699.71 3,050.18
2015-06-30 18,575.09 5,210.44 2,799.08
2015-03-31 18,281.99 5,296.42 2,789.86
2014-12-31 17,460.22 5,102.92 2,719.31
2014-09-30 17,047.72 4,737.01 2,572.47
2014-06-30 16,559.89 4,710.33 2,409.12
2014-03-31 16,441.50 4,281.34 2,389.57
2013-12-31 16,552.44 4,321.52 2,270.81
2013-09-30 15,904.49 4,478.40 2,202.23
2013-06-30 15,849.11 4,534.51 2,249.08
2013-03-31 14,665.33 4,433.86 2,075.83
2012-12-31 13,857.98 4,281.51 1,944.83
2012-10-01 13,515.06 4,241.12 1,904.50
2012-06-30 13,273.94 4,277.47 1,828.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Robinsons Land has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Robinsons Land used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Robinsons Land's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Robinsons Land's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Robinsons Land 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.

Full details on the Past part of the Simply Wall St company analysis model.

RBLA.Y Health

 How is Robinsons Land's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Robinsons Land's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Robinsons Land is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Robinsons Land's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Robinsons Land's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Robinsons Land Company Filings, last reported 1 month ago.

OTCPK:RBLA.Y Past Debt and Equity Data
Date (Data in PHP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 95,756.37 35,641.63 2,146.76
2018-12-31 93,919.72 37,385.24 2,543.84
2018-09-30 92,003.87 37,652.80 8,403.23
2018-06-30 88,744.29 37,500.02 2,890.09
2018-03-31 88,852.68 35,969.36 3,534.19
2017-12-31 67,372.62 51,354.56 2,075.45
2017-09-30 65,991.71 46,677.86 1,925.08
2017-06-30 64,288.87 43,919.27 2,276.60
2017-03-31 62,768.47 42,672.65 3,062.15
2016-12-31 62,855.31 39,371.48 1,436.21
2016-09-30 61,473.03 37,475.41 1,149.16
2016-06-30 60,189.27 36,214.77 1,109.23
2016-03-31 58,520.41 34,619.30 4,165.59
2015-12-31 58,444.74 31,104.79 1,583.45
2015-09-30 56,794.58 24,996.98 1,192.95
2015-06-30 55,451.06 22,523.82 1,238.45
2015-03-31 55,368.02 24,415.68 8,421.83
2014-12-31 53,968.36 18,368.92 1,552.55
2014-09-30 52,570.10 18,116.36 1,054.96
2014-06-30 51,800.90 16,640.55 1,512.37
2014-03-31 51,632.26 14,511.05 928.49
2013-12-31 50,425.83 13,087.05 721.27
2013-09-30 49,303.97 12,760.67 1,081.53
2013-06-30 48,572.17 11,400.00 1,035.52
2013-03-31 48,918.96 12,000.00 3,311.43
2012-12-31 47,762.60 12,000.00 4,771.72
2012-10-01 46,508.38 12,000.00 5,877.87
2012-06-30 45,685.71 12,000.00 7,731.22
  • Robinsons Land's level of debt (37.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (28.1% vs 37.2% today).
  • Debt is well covered by operating cash flow (49.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 22.1x coverage).
X
Financial health checks
We assess Robinsons Land's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Robinsons Land has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RBLA.Y Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.5%
Current annual income from Robinsons Land dividends. Estimated to be 1.52% next year.
If you bought $2,000 of Robinsons Land shares you are expected to receive $30 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Robinsons Land's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Robinsons Land's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:RBLA.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:RBLA.Y Future Dividends Estimate Data
Date (Data in PHP) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.37 4.00
2020-12-31 0.37 12.00
2019-12-31 0.35 7.00
OTCPK:RBLA.Y Past Annualized Dividends Data
Date (Data in PHP) Dividend per share (annual) Avg. Yield (%)
2018-04-10 0.360 1.711
2017-03-14 0.360 1.556
2016-03-10 0.360 1.272
2015-08-14 0.360 1.309
2015-04-30 0.360 1.260
2014-01-20 0.360 1.509
2013-08-14 0.360 1.707
2013-04-19 0.360 1.568
2012-08-15 0.360 1.735
2012-04-19 0.360 2.047
2011-08-12 0.360 2.753
2011-01-14 0.480 3.748
2010-01-14 0.250 1.713

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Robinsons Land has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Robinsons Land only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Robinsons Land's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.3x coverage).
X
Income/ dividend checks
We assess Robinsons Land's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Robinsons Land afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Robinsons Land has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RBLA.Y Management

 What is the CEO of Robinsons Land's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Frederick Go
AGE 49
TENURE AS CEO 1 years
CEO Bio

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.

CEO Compensation
  • 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 Robinsons Land management team in years:

2.1
Average Tenure
50
Average Age
  • The tenure for the Robinsons Land management team is about average.
Management Team

Frederick Go

TITLE
President
AGE
49
TENURE
1 yrs

John Gokongwei

TITLE
Founder & Chairman Emeritus
AGE
91
TENURE
39.3 yrs

Kerwin S. Tan

TITLE
Chief Financial Officer
AGE
47
TENURE
3.2 yrs

Ron Rodrigo

TITLE
Head of Investor Relations

Arlene Denzon

TITLE
Compliance Officer
AGE
50
TENURE
5 yrs

Catalina Sanchez

TITLE
Vice President of Business Development & Marketing for Office Buildings Division
AGE
38

Constantino Felipe

TITLE
AGE
54

Bim Sebastian

TITLE
Senior VP & Chief Strategy Officer
AGE
57

Henry Yap

TITLE
Senior VP & Business Unit GM
AGE
53
TENURE
1 yrs

Maria Socorro Isabelle Aragon-Gobio

TITLE
Senior VP & Business Unit GM
AGE
44
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Robinsons Land board of directors in years:

14
Average Tenure
64
Average Age
  • The average tenure for the Robinsons Land board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lance Gokongwei

TITLE
Chairman
AGE
51
TENURE
1 yrs

Frederick Go

TITLE
President
AGE
49
TENURE
20 yrs

John Gokongwei

TITLE
Founder & Chairman Emeritus
AGE
91
TENURE
17.3 yrs

James Go

TITLE
Chairman Emeritus
AGE
79
TENURE
1 yrs

Emmanuel Rojas

TITLE
Independent Director
AGE
82
TENURE
13.7 yrs

Patrick Henry Go

TITLE
Director
AGE
48
TENURE
19.3 yrs

Johnson Robert Go

TITLE
Director
AGE
52
TENURE
14 yrs

Roberto De Ocampo

TITLE
Independent Director
AGE
72
TENURE
16 yrs

Robina Gokongwei-Pe

TITLE
Director
AGE
56
TENURE
14 yrs

Artemio Panganiban

TITLE
Independent Director
AGE
82
TENURE
11 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Robinsons Land's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Robinsons Land has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RBLA.Y News

Simply Wall St News

RBLA.Y Company Info

Description

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.

Details
Name: Robinsons Land Corporation
RBLA.Y
Exchange: OTCPK
Founded: 1980
PHP2,370,730,797
5,193,830,685
Website: http://www.robinsonsland.com
Address: Robinsons Land Corporation
Galleria Corporate Center,
Level 2,
Quezon City,
1100,
Philippines
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
PSE RLC Common Stock Philippines Stock Exchange PH PHP 02. Jan 1992
OTCPK RBLA.Y ADR Pink Sheets LLC US USD 23. Jan 2013
Number of employees
Current staff
Staff numbers
2,415
Robinsons Land employees.
Industry
Diversified Real Estate Activities
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:38
End of day share price update: 2019/03/28 00:00
Last estimates confirmation: 2019/05/21
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.