NYSE:PHI

Stock Analysis Report

Executive Summary

PLDT Inc. operates as a telecommunications company in the Philippines.

Snowflake

Fundamentals

Good value average dividend payer.


Similar Companies

Share Price & News

How has PLDT's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.3%

PHI

0.4%

US Wireless Telecom

-0.2%

US Market


1 Year Return

-13.5%

PHI

6.0%

US Wireless Telecom

1.1%

US Market

PHI underperformed the Wireless Telecom industry which returned 5.3% over the past year.

PHI underperformed the Market in United States of America which returned 1.6% over the past year.


Share holder returns

PHIIndustryMarket
7 Day-3.3%0.4%-0.2%
30 Day7.2%2.1%2.5%
90 Day-10.0%-0.2%1.6%
1 Year-9.7%-13.5%7.2%6.0%3.4%1.1%
3 Year-32.0%-38.7%33.9%28.8%45.2%35.8%
5 Year-63.3%-69.6%43.4%29.5%62.6%44.8%

Price Volatility Vs. Market

How volatile is PLDT's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

PLDT's share price is below the future cash flow value, and at a moderate discount (> 20%).

PLDT's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

PLDT is good value based on earnings compared to the US Wireless Telecom industry average.

PLDT is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

PLDT earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

PLDT is overvalued based on assets compared to the US Wireless Telecom industry average.


Next Steps

Future Growth

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

-1.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

PLDT's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).

PLDT's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

PLDT's revenue growth is positive but not above the United States of America market average.

PLDT's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

PLDT's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

PLDT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has PLDT performed over the past 5 years?

-19.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PLDT's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

PLDT's 1-year earnings growth exceeds its 5-year average (125.6% vs -19.5%)

PLDT's earnings growth has exceeded the US Wireless Telecom industry average in the past year (125.6% vs 7.7%).


Return on Equity

PLDT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

PLDT used its assets more efficiently than the US Wireless Telecom industry average last year based on Return on Assets.


Return on Capital Employed

PLDT's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is PLDT's financial position?


Financial Position Analysis

PLDT's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

PLDT's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

PLDT's level of debt (136.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (89.2% vs 136.7% today).

Debt is well covered by operating cash flow (32.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


Next Steps

Dividend

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

5.86%

Expected Dividend Yield


Dividend Yield and Payments Analysis

PLDT's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

PLDT's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Manny Pangilinan (73yo)

3.7yrs

Tenure

0

Mr. Manuel Velez Pangilinan, also known as Manny, founded First Pacific Company Limited in 1981 and has been its Managing Director and Chief Executive Officer since June 3, 2003. Mr. Pangilinan served as t ...


Management Age and Tenure

4.0yrs

Average Tenure

61yo

Average Age

The tenure for the PLDT management team is about average.


Board Age and Tenure

12.3yrs

Average Tenure

69yo

Average Age

The average tenure for the PLDT board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Manny Pangilinan (73yo)

    Chairman

    • Tenure: 3.7yrs
  • Maria Lourdes Rausa-Chan (65yo)

    Corporate Secretary

    • Tenure: 8.5yrs
  • Emiliano Tanchico (63yo)

    First VP

    • Tenure: 0yrs
  • Victorico P. Vargas (67yo)

    Head of Business Transformation Office

    • Tenure: 19.6yrs
  • Al Panlilio (56yo)

    Executive Vice President & Chief Revenue Officer

    • Tenure: 0.2yrs
  • Florentino Mabasa (60yo)

    First VP

    • Tenure: 0yrs
  • Anabelle Chua (58yo)

    Senior VP

    • Tenure: 4.3yrs
  • Melissa V. de Dios (56yo)

    First VP & Head of Investor Relations

    • Tenure: 8.3yrs
  • Marilyn Victorio-Aquino (62yo)

    Senior VP & Chief Legal Counsel

    • Tenure: 0.8yrs
  • Gina Marina Ordoñez (57yo)

    Senior VP & Chief People Officer

    • Tenure: 0.5yrs

Board Members

  • Manny Pangilinan (73yo)

    Chairman

    • Tenure: 3.7yrs
  • Maria Lourdes Rausa-Chan (65yo)

    Corporate Secretary

    • Tenure: 8.5yrs
  • Pedro O. Roxas (63yo)

    Independent Director

    • Tenure: 18.5yrs
  • Ray Espinosa (63yo)

    Senior Advisor to President & CEO and Director

    • Tenure: 20.8yrs
  • Helen Dee (75yo)

    Non-Executive Director

    • Tenure: 33.3yrs
  • Albert Del Rosario (79yo)

    Non-Executive Director

    • Tenure: 3.2yrs
  • Christopher Huxley Young (62yo)

    Member of Advisory Committee

    • Tenure: 12.3yrs
  • Oscar Reyes (73yo)

    Member of Advisory Committee

    • Tenure: 0yrs
  • Benny Santoso (61yo)

    Member of Advisory Committee

    • Tenure: 12.3yrs
  • Artemio Panganiban (83yo)

    Lead Independent Director

    • Tenure: 0.5yrs

Company Information

PLDT Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PLDT Inc.
  • Ticker: PHI
  • Exchange: NYSE
  • Founded: 1928
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: ₱250.409b
  • Listing Market Cap: ₱4.791b
  • Shares outstanding: 216.06m
  • Website: https://www.pldt.com

Number of Employees


Location

  • PLDT Inc.
  • Ramon Cojuangco Building
  • Makati Avenue
  • Makati City
  • 1200
  • Philippines

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TELPSE (Philippines Stock Exchange)PHP5PHPHPNo data
PHINYSE (New York Stock Exchange)SPONSORED ADRUSUSDJan 1968
PHTC.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1968
PLODB (Deutsche Boerse AG)SPONSORED ADRDEEURJan 1968
TELPSE (Philippines Stock Exchange)YesCommon StockPHPHPJan 1968
TLJJPSE (Philippines Stock Exchange)10% PRF CONV JJPHPHPApr 2017

Biography

PLDT Inc. operates as a telecommunications company in the Philippines. The company operates in three segments: Wireless, Fixed Line, and Others. The Wireless segment offers cellular mobile, Internet broadb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 00:18
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.