Asia300

Ayala Corp.

Philippines

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 845
Mar 24, 2017
Market cap:
Market cap(USD):
524,514M
10,423.9M
Shares: 620.72M

Currency in PHP

Company profile

Market(Ticker): PHS(AC)
Sector:
Industry:
Finance
Financial Conglomerates
Full time employees: --

Business summary

Ayala Corp. is a holding company, which is engaged in providing real estate, telecommunications, utilities, logistics, financial and insurance services. It operates through following business segments: Real Estate and Hotels, Financial Services and Insurance, Telecommunications, Water Utilities, Electronics, Information Technology and Business Process segment, Automotive, Infrastructure and power, International and Others . The Financial Services and Insurance segment offers banking services including savings and time deposits, loans, foreign exchange and securities dealing, and safety deposit facilities. The Telecommunications segment provides digital wireless and wireline voice communication services, broadband services, long distance communication, and mobile commerce services. The Water Utilities segment manages, operates, repairs, decommissions, and refurbishes all fixed and movable assets required to provide water delivery and sewerage services. The Electronics segment offers electronics manufacturing services for original equipment manufacturers in the computing, communications, consumer, automotive, industrial and medical electronics markets. The Information Technology and BPO segment provides value-added content for wireless services, electronic commerce, and technology infrastructure hardware and software sales and technology services. The International segment invests in overseas property companies and projects. The Automotive segment manufactures and sells passenger cars and commercial vehicles, and provides air charter services and agri-business. The others segment refers to air-charter services, and agribusiness. The company was founded on January 23, 1968 and is headquartered in Makati, Philippines.

Company background

Founded in 1834, Ayala Corp. is the Philippines' oldest conglomerate, controlled by the Zobel Filipino-Spanish family. Currently, the company is led by brothers Jaime Augusto Zobel, who serves as the company's chairman and CEO, and Fernando Zobel, who sits as the president and chief operating officer.

Its core businesses are real estate development (Ayala Land), financial services (Bank of the Philippine Islands), telecommunications (Globe Telecom, a joint venture with Singapore Telecommunications), and water distribution (Manila Water). The company, however, also has interests in electronics manufacturing and business process outsourcing.

Ayala, backed by Japanese conglomerate Mitsubishi Corp., is slowly expanding into the infrastructure and power sectors. Through AC Energy Holdings, Ayala aims to build power generating capacity of 1,000 megawatts by 2016, while it intends to build expressways and railways via AC Infrastructure Holdings. Together with Metro Pacific Investments, the company recently won a $1.5 billion contract to expand and run a major overhead railway in Manila. The company has also announced a foray into education.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 199,208.89M
Gross profit 57,858.49M
Operating income 38,446.30M
Income before tax 53,939.58M
Net income 26,011.26M
EBITDA --
Diluted EPS 39.31
Dividends per share 5.76
Total assets 911,704.50M
Total liabilities 540,708.62M
Total equity 230,922.53M
Operating cash flow --

Currency in PHP

Revenue 4,194.97M
Gross profit 1,218.39M
Operating income 809.60M
Income before tax 1,135.86M
Net income 547.74M
EBITDA --
Diluted EPS 0.82
Dividends per share 0.12
Total assets 18,339.54M
Total liabilities 10,876.71M
Total equity 4,645.16M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2016

PER 18.31
ROA 3.04%
ROE 11.84%
Operating margin 19.29%
Profit margin 13.05%

Key executive

  • Executive Chairman & Chief Executive Officer: Jaime Augusto Zobel de Ayala
  • Vice Chairman, President & Chief Operating Officer: Fernando Zobel de Ayala
  • CFO, Chief Risk Officer, Group Head-Finance & MD: Jose Teodoro K. Limcaoco
  • Secretary, MD, Group Head-Legal & Compliance: Solomon M. Hermosura
  • Senior Managing Director: Gerardo C. Ablaza

Share holders

  • Mermac, Inc.(48.9%)
  • Mitsubishi Corp.(10.1%)
  • First State Investment Management (UK) Ltd.(2.5%)
  • SM Investments Corp.(1.4%)
  • Aberdeen Asset Managers Ltd.(1.4%)
  • The Vanguard Group, Inc.(1.2%)
  • Platinum Investment Management Ltd.(1.0%)
  • Aberdeen Asset Management (Asia) Ltd.(0.8%)
  • BlackRock Fund Advisors(0.6%)
  • APG Asset Management NV(0.5%)

Address

  • Website: http://www.ayala.com.ph
  • Address: Tower One, Ayala Avenue, Makati City, 1226, Philippines
  • Phone: +63.2.908.3000

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