Recent Insider Transactions • May 16
Insider recently bought ₱200k worth of stock On the 14th of May, Carlos Valencia bought around 250 shares on-market at roughly ₱800 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱534k more in shares than they bought in the last 12 months. Reported Earnings • Apr 14
Third quarter 2026 earnings released: EPS: ₱26.53 (vs ₱27.09 in 3Q 2025) Third quarter 2026 results: EPS: ₱26.53 (down from ₱27.09 in 3Q 2025). Revenue: ₱1.65b (up 3.2% from 3Q 2025). Net income: ₱634.1m (down 2.1% from 3Q 2025). Profit margin: 39% (down from 41% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 28
First half dividend of ₱14.00 announced Shareholders will receive a dividend of ₱14.00. Ex-date: 9th March 2026 Payment date: 24th March 2026 Dividend yield will be 3.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 15
Second quarter 2026 earnings released: EPS: ₱29.35 (vs ₱30.52 in 2Q 2025) Second quarter 2026 results: EPS: ₱29.35 (down from ₱30.52 in 2Q 2025). Revenue: ₱1.84b (up 6.8% from 2Q 2025). Net income: ₱701.6m (down 3.8% from 2Q 2025). Profit margin: 38% (down from 43% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Oct 15
First quarter 2026 earnings released: ₱3.64 loss per share (vs ₱4.17 loss in 1Q 2025) First quarter 2026 results: ₱3.64 loss per share (improved from ₱4.17 loss in 1Q 2025). Revenue: ₱665.3m (up 9.4% from 1Q 2025). Net loss: ₱86.9m (loss narrowed 13% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Sep 19
Final dividend of ₱16.00 announced Dividend of ₱16.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 16th October 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Sep 11
Far Eastern University, Incorporated, Annual General Meeting, Oct 18, 2025 Far Eastern University, Incorporated, Annual General Meeting, Oct 18, 2025, at 15:00 W. Australia Standard Time. Location: to be conducted via a hybrid modality, Philippines Reported Earnings • Sep 11
Full year 2025 earnings released: EPS: ₱85.94 (vs ₱81.13 in FY 2024) Full year 2025 results: EPS: ₱85.94 (up from ₱81.13 in FY 2024). Revenue: ₱5.74b (up 5.7% from FY 2024). Net income: ₱2.05b (up 5.9% from FY 2024). Profit margin: 36% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Recent Insider Transactions • Aug 14
Chairman of the Board of Trustees & CEO recently sold ₱934k worth of stock On the 11th of August, Aurelio Luis Montinola sold around 1k shares on-market at roughly ₱800 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Aurelio Luis' only on-market trade for the last 12 months. Reported Earnings • Apr 09
Third quarter 2025 earnings released: EPS: ₱27.09 (vs ₱30.16 in 3Q 2024) Third quarter 2025 results: EPS: ₱27.09 (down from ₱30.16 in 3Q 2024). Revenue: ₱1.60b (up 4.9% from 3Q 2024). Net income: ₱647.5m (down 10% from 3Q 2024). Profit margin: 41% (down from 47% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₱947, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 9x in the Consumer Services industry in Philippines. Total returns to shareholders of 106% over the past three years. Buy Or Sell Opportunity • Mar 31
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ₱737. The fair value is estimated to be ₱935, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. Declared Dividend • Feb 21
First half dividend of ₱16.00 announced Dividend of ₱16.00 is the same as last year. Ex-date: 3rd March 2025 Payment date: 18th March 2025 Dividend yield will be 4.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Feb 19
Far Eastern University, Incorporated Declares Cash Dividend, Payable on 18 March 2025 The Board of Trustees of Far Eastern University, Incorporated at its meeting held on 18 February 2025 declared a cash dividend of PHP 16.00 per share to all stockholders of record as of 4 March 2025, payable on 18 March 2025. The total cash dividend amounts to PHP 384,892,208.00. The books will be closed from 4 March 2025 to 18 March 2025, both dates inclusive. Buy Or Sell Opportunity • Feb 14
Now 22% undervalued Over the last 90 days, the stock has risen 6.5% to ₱740. The fair value is estimated to be ₱949, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Jan 14
Second quarter 2025 earnings released: EPS: ₱30.52 (vs ₱27.78 in 2Q 2024) Second quarter 2025 results: EPS: ₱30.52 (up from ₱27.78 in 2Q 2024). Revenue: ₱1.72b (up 8.1% from 2Q 2024). Net income: ₱729.6m (up 9.8% from 2Q 2024). Profit margin: 43% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. Recent Insider Transactions • Nov 16
Insider recently bought ₱236k worth of stock On the 14th of November, Anthony Raymond Goquingco bought around 340 shares on-market at roughly ₱695 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱378k more in shares than they have sold in the last 12 months. Reported Earnings • Oct 15
First quarter 2025 earnings released: ₱4.17 loss per share (vs ₱3.05 loss in 1Q 2024) First quarter 2025 results: ₱4.17 loss per share (further deteriorated from ₱3.05 loss in 1Q 2024). Revenue: ₱608.4m (up 7.0% from 1Q 2024). Net loss: ₱99.8m (loss widened 37% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 20
Final dividend of ₱16.00 announced Shareholders will receive a dividend of ₱16.00. Ex-date: 30th September 2024 Payment date: 17th October 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Sep 13
The Far Eastern University, Incorporated, Annual General Meeting, Oct 19, 2024 The Far Eastern University, Incorporated, Annual General Meeting, Oct 19, 2024, at 15:00 W. Australia Standard Time. Location: to be conducted via a hybrid modality, feu manila, Philippines Reported Earnings • Sep 12
Full year 2024 earnings released: EPS: ₱81.13 (vs ₱77.92 in FY 2023) Full year 2024 results: EPS: ₱81.13 (up from ₱77.92 in FY 2023). Revenue: ₱5.43b (up 9.9% from FY 2023). Net income: ₱1.94b (up 3.9% from FY 2023). Profit margin: 36% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 14
Third quarter 2024 earnings released: EPS: ₱30.16 (vs ₱25.02 in 3Q 2023) Third quarter 2024 results: EPS: ₱30.16 (up from ₱25.02 in 3Q 2023). Revenue: ₱1.52b (up 4.5% from 3Q 2023). Net income: ₱721.3m (up 20% from 3Q 2023). Profit margin: 47% (up from 41% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 26
Upcoming dividend of ₱16.00 per share Eligible shareholders must have bought the stock before 04 March 2024. Payment date: 20 March 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (3.8%). Declared Dividend • Feb 23
First half dividend of ₱16.00 announced Shareholders will receive a dividend of ₱16.00. Ex-date: 4th March 2024 Payment date: 20th March 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Feb 21
Far Eastern University, Incorporated Declares Cash Dividend, Payable on 20 March 2024 The Board of Trustees of Far Eastern University, Incorporated at its meeting held on 20 February 2024 declared a cash dividend of PHP 16.00 per share to all stockholders of record as of 05 March 2024, payable on 20 March 2024. The total cash dividend amounts to PHP 384,892,208.00. The books will be closed from 05 March 2024 to 20 March 2024, both dates inclusive. Recent Insider Transactions • Jan 27
Insider recently bought ₱142k worth of stock On the 25th of January, Anthony Raymond Goquingco bought around 250 shares on-market at roughly ₱566 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱147k more in shares than they have sold in the last 12 months. Reported Earnings • Jan 16
Second quarter 2024 earnings released: EPS: ₱27.78 (vs ₱29.52 in 2Q 2023) Second quarter 2024 results: EPS: ₱27.78 (down from ₱29.52 in 2Q 2023). Revenue: ₱1.59b (up 8.7% from 2Q 2023). Net income: ₱664.7m (down 6.0% from 2Q 2023). Profit margin: 42% (down from 48% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₱649, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 7x in the Consumer Services industry in Philippines. Total returns to shareholders of 30% over the past three years. Reported Earnings • Oct 18
First quarter 2024 earnings released: ₱3.05 loss per share (vs ₱3.92 loss in 1Q 2023) First quarter 2024 results: ₱3.05 loss per share (improved from ₱3.92 loss in 1Q 2023). Revenue: ₱568.6m (up 35% from 1Q 2023). Net loss: ₱73.1m (loss narrowed 22% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 25
Upcoming dividend of ₱16.00 per share at 5.0% yield Eligible shareholders must have bought the stock before 02 October 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (4.0%). Duyuru • Sep 21
Trustees of Far Eastern University, Incorporated Declares Cash Dividend, Payable on 18 October 2023 The Board of Trustees of Far Eastern University, Incorporated at its meeting held on 19 September 2023 declared a cash dividend of 16.00 per share to all stockholders of record as of 03 October 2023, payable on 18 October 2023. The total cash dividend amounts to Php384, 892,208.00. The books will be closed from 03 October 2023 to 18 October 2023, both dates inclusive. Reported Earnings • Sep 15
Full year 2023 earnings released: EPS: ₱77.92 (vs ₱62.75 in FY 2022) Full year 2023 results: EPS: ₱77.92 (up from ₱62.75 in FY 2022). Revenue: ₱4.94b (up 20% from FY 2022). Net income: ₱1.87b (up 24% from FY 2022). Profit margin: 38% (up from 36% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 31
The Far Eastern University, Incorporated, Annual General Meeting, Oct 21, 2023 The Far Eastern University, Incorporated, Annual General Meeting, Oct 21, 2023, at 15:00 Singapore Standard Time. Location: Multi-purpose Room, 4th Floor Administration building, FEU Main Campus, Nicanor Reyes Street, Sampaloc Philippines Agenda: To consider approval of minutes of the annual meeting of stockholders on October 15, 2022; to consider academic report of the president; to consider annual report and approval of audited financial statements; to consider election of trustees, including independent trustees; to consider appointment of external auditor and fixing of its remuneration; to consider other matters. Duyuru • Jul 21
The Far Eastern University, Incorporated Appoints Rosanna E. Salcedo as Chief Finance Officer, Effective 1 August 2023 The Board of Trustees of Far Eastern University Inc. at its meeting held on 18 July 2023 approved the appointment of Ms. Rosanna E. Salcedo as Chief Finance Officer, effective 01 August 2023. Ms. Rosanna E. Salcedo worked at the Bayan Telecommunications Inc., where she managed numerous departments: initially as Head of General Accounting and Accounts Payable, then, Budget Department and Revenue Accounting, and as Head of Billing and Collection. She also served as the Head of Treasury and Internal Audit of Mariwasa Manufacturing Inc. for five years. Prior to joining the private sector, she worked for SGV & Co. both as an External Senior Auditor and Tax Senior Auditor. Ms. Salcedo is a Certified Public Accountant. She obtained her BSBA Major in Accounting, cum laude, from the University of the East. She also completed her Management Leadership Program at the Asian Institute of Management. Duyuru • Jul 08
The Far Eastern University, Incorporated Appoints Pamela M. Hernandez as Chief Risk Officer (Concurrent Controller) In compliance with the disclosure requirements of the Commission, The Far Eastern University, Incorporated informed the SEC of the designation of Ms. Pamela M. Hernandez as Chief Risk Officer in addition to her current position as Controller of the Far Eastern University Inc. (FEU), effective 06 July 2023. Ms. Pamela M. Hernandez had more than two decades of cumulative professional public accounting work experience intersected with previous other work involvement in financial and tax consultancy, management accounting and budget, and internal auditing. Ms. Hernandez is a Certified Public Accountant with a degree of Bachelor of Science in Accountancy, cum laude, from the Ateneo de Naga University and has obtained Masters in Management, with commendation, at the Asian Institute of Management. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Duyuru • May 18
Far Eastern University, Inc. Approves the Appointment of Juan Miguel R. Montinola as President, Effective 01 August 2023 The Board of Trustees of Far Eastern University Inc. at its meeting held on 16 May 2023 approved the appointment of Mr. Juan Miguel R. Montinola as President of the Corporation effective 01 August 2023. Mr. Juan Miguel R. Montinola is the current CFO of Far Easstern University. He has served as CFO since September 2010. Prior to this, Mr. Juan Miguel R. Montinola was CEO and Country Manager of Lafarge Cementi SA, Italy, from 2006 to 2008. From 1996 to 2006 he served as President and CEO of Republic Cement Corporation and concurrently as Senior Vice President for Commercial Business from 2002 to 2006, and senior vice president for procurement from 2001 to 2006, and senior vice president for procurement from 2001 to 2002, for Lafarge Cement Services Inc. Prior to 1996, Mr. Montinola held various positions in Republic Cement Corporation and served as a member of the Board of Directors in different organizations. Mr. Montinola has a Masters in Business Administration from International Institute of Management Development, Switzerland, and an AB Economics degree from College of William & Mary, Virginia, USA. Reported Earnings • Apr 14
Third quarter 2023 earnings released: EPS: ₱25.02 (vs ₱21.29 in 3Q 2022) Third quarter 2023 results: EPS: ₱25.02 (up from ₱21.29 in 3Q 2022). Revenue: ₱1.46b (up 21% from 3Q 2022). Net income: ₱599.3m (up 18% from 3Q 2022). Profit margin: 41% (down from 42% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 14
Second quarter 2023 earnings released: EPS: ₱29.52 (vs ₱25.64 in 2Q 2022) Second quarter 2023 results: EPS: ₱29.52 (up from ₱25.64 in 2Q 2022). Revenue: ₱1.46b (up 24% from 2Q 2022). Net income: ₱707.3m (up 15% from 2Q 2022). Profit margin: 48% (down from 52% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Trustee Consuelo Garcia was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 18
First quarter 2023 earnings released: ₱3.92 loss per share (vs ₱1.68 loss in 1Q 2022) First quarter 2023 results: ₱3.92 loss per share (further deteriorated from ₱1.68 loss in 1Q 2022). Revenue: ₱422.0m (up 3.5% from 1Q 2022). Net loss: ₱94.0m (loss widened 133% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Oct 17
Far Eastern University, Incorporated Appoints Michael Q. Liggayu as Chief Information Security Officer The Far Eastern University, Incorporated informed the appointment of Mr. Michael Q. Liggayu as Chief Information Security Officer of the Far Eastern University Inc. (FEU), effective 15 October 2022. Mr. Michael Q. Liggayu currently serves as the Quality Management Representative and the Data Protection Officer. He previously served as the Assistant to the President, Assistant to the SVP for Academic Affairs, and the Associate Dean of the Institute of Accounts, Business and Finance, and the Project Manager during the initial implementation of edERP as the enrollment system of the University. Prior to joining FEU, he was the Department Chair of the Accountancy Program of Angeles University Foundation. Mr. Liggayu is a Certified Public Accountant, a Certified Data Protection Officer (TÜV), and holds a Bachelor of Science degree in Accountancy from the Angeles University Foundation. Duyuru • Sep 23
The Far Eastern University, Incorporated Declares Cash Dividend, Payable on 14 October 2022 The Far Eastern University, Incorporated at its board meeting held on September 20, 2022, declared cash dividend of PHP 14.00 per share to all stockholders of record as of 4 October 2022, payable on 14 October 2022. The total cash dividend amounts to PHP 336,780,682.00. The company resolved further that for purposes of the cash dividend declaration, the books will be closed from 4 October 2022 to 14 October 2022, both dates inclusive. Duyuru • Sep 15
The Far Eastern University, Incorporated, Annual General Meeting, Oct 15, 2022 The Far Eastern University, Incorporated, Annual General Meeting, Oct 15, 2022, at 15:00 China Standard Time. Location: FEU Manila Manila Philippines Agenda: To consider approval of minutes of the AGM on 16 October 2021; to consider Academic report of the president; to consider annual report and approval of audited financial statements; to consider election of trustees, including independent trustees; and to consider other matters. Reported Earnings • Sep 15
Full year 2022 earnings released: EPS: ₱62.74 (vs ₱40.28 in FY 2021) Full year 2022 results: EPS: ₱62.74 (up from ₱40.28 in FY 2021). Revenue: ₱4.13b (up 17% from FY 2021). Net income: ₱1.50b (up 56% from FY 2021). Profit margin: 36% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • May 20
The Far Eastern University, Incorporated Announces the Promotion of Myrna P. Quinto as Executive Director The Far Eastern University, Incorporated announced the promotion of Myrna P. Quinto from Vice President for Academic Development to Executive Director. Recent Insider Transactions • May 20
Chairman of the Board of Trustees & CEO recently bought ₱1.8m worth of stock On the 16th of May, Aurelio Luis Montinola bought around 3k shares on-market at roughly ₱531 per share. This was the largest purchase by an insider in the last 3 months. This was Aurelio Luis' only on-market trade for the last 12 months. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Trustee Consuelo Garcia was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 15
Third quarter 2022 earnings released: EPS: ₱21.29 (vs ₱10.38 in 3Q 2021) Third quarter 2022 results: EPS: ₱21.29 (up from ₱10.38 in 3Q 2021). Revenue: ₱1.21b (up 33% from 3Q 2021). Net income: ₱510.2m (up 105% from 3Q 2021). Profit margin: 42% (up from 28% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Mar 10
The Far Eastern University, Incorporated (PSE:FEU) entered into a memorandum of understanding to acquire a 34% stake in The Good Samaritan Colleges Inc for PHP 70 million. The Far Eastern University, Incorporated (PSE:FEU) entered into a memorandum of understanding to acquire a 34% stake in The Good Samaritan Colleges Inc for PHP 70 million on March 8, 2022. Duyuru • Feb 16
The Far Eastern University, Incorporated Declares Cash Dividend, Payable on 17 March 2022 The board of Trustees of Far Eastern University, Incorporated at its meeting held on 15 February 2022 declared a cash dividend of PHP 10.00 per share to all stockholders of record as of 2 March 2022, payable on 17 March 2022. The total cash dividend amounts to PHP 240,557,630.00. The books will be closed from 8 March 2022 to 17 March 2022. Reported Earnings • Jan 18
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₱25.64 (up from ₱24.55 in 2Q 2021). Revenue: ₱1.18b (down 5.9% from 2Q 2021). Net income: ₱614.7m (up 4.3% from 2Q 2021). Profit margin: 52% (up from 47% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 19
First quarter 2022 earnings released: ₱1.68 loss per share (vs ₱6.21 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₱407.6m (up 43% from 1Q 2021). Net loss: ₱40.4m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 15
Full year 2021 earnings released: EPS ₱40.28 (vs ₱25.92 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₱3.53b (down 1.6% from FY 2020). Net income: ₱965.7m (up 55% from FY 2020). Profit margin: 27% (up from 17% in FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 28
Board Member recently sold ₱4.2m worth of stock On the 26th of May, Antonio Montinola sold around 7k shares on-market at roughly ₱570 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱4.0m more than they bought in the last 12 months. Executive Departure • May 26
Chief Information Officer has left the company On the 25th of May, Victorino Tolosa's tenure as Chief Information Officer ended after 2.0 years in the role. We don't have any record of a personal shareholding under Victorino's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Apr 16
Third quarter 2021 earnings released: EPS ₱10.38 (vs ₱7.80 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₱904.2m (down 8.5% from 3Q 2020). Net income: ₱248.9m (up 33% from 3Q 2020). Profit margin: 28% (up from 19% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Executive Departure • Apr 09
Trustee has left the company On the 30th of March, Angelina Jose's tenure as Trustee ended after 30.8 years in the role. As of December 2020, Angelina personally held 779.56k shares (₱491m worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Feb 27
CFO & Chief Risk Officer recently bought ₱117k worth of stock On the 23rd of February, Juan Miguel Montinola bought around 195 shares on-market at roughly ₱600 per share. This was the largest purchase by an insider in the last 3 months. This was Juan Miguel's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 21% share price gain to ₱668, the stock is trading at a trailing P/E ratio of 28.2x, up from the previous P/E ratio of 23.2x. This compares to an average P/E of 20x in the Consumer Services industry in Asia. Total returns to shareholders over the past three years are 2.9%. Is New 90 Day High Low • Feb 01
New 90-day low: ₱551 The company is down 2.0% from its price of ₱560 on 04 November 2020. The Filipino market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 20% over the same period. Reported Earnings • Jan 15
Second quarter 2021 earnings released: EPS ₱24.55 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱1.25b (up 10% from 2Q 2020). Net income: ₱589.3m (up 28% from 2Q 2020). Profit margin: 47% (up from 41% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • Dec 05
The Far Eastern University, Incorporated Announces the Appointment of Mirajoy Tresmonte as Deputy Chief Audit Executive, Officer in Charge The Far Eastern University, Incorporated announced the appointment of Mirajoy Tresmonte as Deputy Chief Audit Executive, Officer in Charge, effective December 4, 2020. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 16% share price gain to ₱650, the stock is trading at a trailing P/E ratio of 35.4x, up from the previous P/E ratio of 30.5x. This compares to an average P/E of 20x in the Consumer Services industry in Asia. Total returns to shareholders over the past three years are 3.7%. Is New 90 Day High Low • Nov 19
New 90-day high: ₱590 The company is up 2.0% from its price of ₱580 on 20 August 2020. The Filipino market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 29% over the same period. Is New 90 Day High Low • Oct 09
New 90-day low: ₱488 The company is down 30% from its price of ₱700 on 10 July 2020. The Filipino market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 1.0% over the same period.