Globe Telecom, Inc. provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. More Details
Acceptable track record second-rate dividend payer.
Share Price & News
How has Globe Telecom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTME.Y has not had significant price volatility in the past 3 months.
7 Day Return
US Wireless Telecom
1 Year Return
US Wireless Telecom
Return vs Industry: GTME.Y underperformed the US Wireless Telecom industry which returned 30.1% over the past year.
Return vs Market: GTME.Y exceeded the US Market which returned 13.1% over the past year.
Price Volatility Vs. Market
How volatile is Globe Telecom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Globe Telecom undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GTME.Y ($41.97) is trading above our estimate of fair value ($29.02)
Significantly Below Fair Value: GTME.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GTME.Y is good value based on its PE Ratio (13.2x) compared to the US Wireless Telecom industry average (22.9x).
PE vs Market: GTME.Y is good value based on its PE Ratio (13.2x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: GTME.Y is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: GTME.Y is overvalued based on its PB Ratio (3.4x) compared to the US Wireless Telecom industry average (2.3x).
How is Globe Telecom forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTME.Y's forecast earnings growth (3.8% per year) is above the savings rate (2.2%).
Earnings vs Market: GTME.Y's earnings (3.8% per year) are forecast to grow slower than the US market (23% per year).
High Growth Earnings: GTME.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: GTME.Y's revenue (6.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: GTME.Y's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTME.Y's Return on Equity is forecast to be high in 3 years time (23.8%)
How has Globe Telecom performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTME.Y has high quality earnings.
Growing Profit Margin: GTME.Y's current net profit margins (12.9%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: GTME.Y's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: GTME.Y's earnings growth over the past year (4.8%) is below its 5-year average (8% per year).
Earnings vs Industry: GTME.Y earnings growth over the past year (4.8%) underperformed the Wireless Telecom industry 14.3%.
Return on Equity
High ROE: Whilst GTME.Y's Return on Equity (25.5%) is high, this metric is skewed due to their high level of debt.
How is Globe Telecom's financial position?
Financial Position Analysis
Short Term Liabilities: GTME.Y's short term assets (PHP75.7B) do not cover its short term liabilities (PHP93.3B).
Long Term Liabilities: GTME.Y's short term assets (PHP75.7B) do not cover its long term liabilities (PHP146.4B).
Debt to Equity History and Analysis
Debt Level: GTME.Y's debt to equity ratio (176%) is considered high.
Reducing Debt: GTME.Y's debt to equity ratio has increased from 119.7% to 176% over the past 5 years.
Debt Coverage: GTME.Y's debt is well covered by operating cash flow (42%).
Interest Coverage: GTME.Y's interest payments on its debt are well covered by EBIT (7x coverage).
What is Globe Telecom current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GTME.Y's dividend (4.73%) is higher than the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: GTME.Y's dividend (4.73%) is low compared to the top 25% of dividend payers in the US market (4.89%).
Stability and Growth of Payments
Stable Dividend: GTME.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTME.Y's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.3%), GTME.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GTME.Y's dividends in 3 years are forecast to be covered by earnings (62.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ernest Lawrence Cu (59 yo)
Mr. Ernest Lawrence L. Cu is a Venture Partner at Amasia. He serves as Advisor of Tembusu ICT Fund I at Tembusu Partners Pte Ltd. Mr. Cu has been Chief Executive Officer and President of Globe Telecom, Inc ...
|President||11.42yrs||no data||0.12% |
|CFO, Treasurer & Chief Risk Officer||3.75yrs||no data||0.013% |
|Chief Technology & Information Officer and Chief Strategy Officer||4.83yrs||no data||0.085% |
|Chief Information Officer||0.67yr||no data||0.000090% |
|Director of Investors Relations||no data||no data||no data|
|General Counsel and Head of the Corporate & Legal Services Group||9.42yrs||no data||0.0070% |
|Senior VP of Law & Compliance||3.42yrs||no data||0.0056% |
|Chief Human Resource Officer||no data||no data||0.016% |
|Chief Technical Advisor||no data||no data||no data|
|Chief Customer Experience Officer & Head of the Office of Strategy Management||no data||no data||0.030% |
|Chief Commercial Officer||no data||no data||0.023% |
|Chief Technical Adviser & Consultant||9.75yrs||no data||no data|
Experienced Management: GTME.Y's management team is considered experienced (4.8 years average tenure).
|President||11.42yrs||no data||0.12% |
|Non Executive Director||19yrs||₱2.60m||0.0017% |
|Non-Executive Director||23.67yrs||₱1.90m||0% |
|Non-Executive Independent Director||5.42yrs||₱2.70m||no data|
|Co-Vice Chairman||no data||₱1.80m||0% |
|Non-Executive Director||4.42yrs||₱2.90m||0% |
|Lead Independent Director||2.42yrs||₱2.90m||no data|
|Non-Executive Independent Director||2.42yrs||₱3.00m||no data|
|Co-Vice Chairman||3.42yrs||₱2.60m||0% |
|Non-Executive Director||5.42yrs||₱1.80m||0% |
Experienced Board: GTME.Y's board of directors are considered experienced (5.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Globe Telecom, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Globe Telecom, Inc.
- Ticker: GTME.Y
- Exchange: OTCPK
- Founded: 1935
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: ₱280.209b
- Listing Market Cap: ₱5.776b
- Shares outstanding: 133.43m
- Website: https://www.globe.com.ph
Number of Employees
- Globe Telecom, Inc.
- The Globe Tower
- 32nd Street corner
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GTME.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
|GLO||PSE (Philippines Stock Exchange)||Yes||Common Stock||PH||PHP||Jan 1992|
|GTME.Y||OTCPK (Pink Sheets LLC)||UNSPON ADR||US||USD||Jan 2009|
|GLOPP||PSE (Philippines Stock Exchange)||PFD PHP50 SER'A'||PH||PHP||Aug 2014|
Globe Telecom, Inc. provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. The company operates through Mo ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/24 06:12|
|End of Day Share Price||2020/09/11 00:00|
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.