Asia300

GT Capital Holdings, Inc.

Philippines

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 1,170
Mar 24, 2017
Market cap:
Market cap(USD):
203,931M
4,052.8M
Shares: 174.3M

Currency in PHP

Company profile

Market(Ticker): PHS(GTCAP)
Sector:
Industry:
Producer Manufacturing
Industrial Conglomerates
Full time employees: --

Business summary

GT Capital Holdings, Inc. is engaged in banking, real estate development, power generation, automotive and life insurance business. It operates through five portfolios, which include Banking, Real Estate Development, Power generation, Automotive and Insurance. The Banking portfolio offers corporate and commercial banking products and services, which include credit card, investment banking and trust services, deposits, mortgage and vehicle finance products and services. The Real estate development portfolio sells, operates and develops real estate properties. The Power generation portfolio produces power in the Visayas region. The Automotive portfolio manufactures, imports and wholesales and distributes Toyota brand motor vehicles. It also sells motor vehicle parts and accessories. The Insurance segment offers personal and group insurance products, which include life insurance and investment-linked insurance products. The company was founded on July 26, 2007 and is headquartered in Makati, Philippines.

Company background

GT Capital Holdings is the holding company of tycoon George S.K. Ty. The Filipino-Chinese businessman started building his empire in his 20s when he opened Metropolitan Bank & Trust in 1962. The conglomerate went public in 2012, and its initial public offering raised nearly 22 billion pesos ($520 million), making it the biggest equity transaction in the Philippines that year.

As well as its crown jewel, Metrobank, the group is also into property development through Federal Land; power generation (Global Business Power); automotive (Toyota Motor Philippines); life insurance (Philippine AXA Life Insurance); and nonlife insurance (Charter Ping An Insurance).

Recently, GT Capital, ran by Ty's son Alfred, has focused on power generation amid a looming power shortage in the Philippines. At the same time, the company had been beefing up its property development as demand grows in the residential and office sectors.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 152,508.80M
Gross profit 32,641.21M
Operating income 19,130.29M
Income before tax 19,809.58M
Net income 12,069.12M
EBITDA --
Diluted EPS 69.53
Dividends per share 3
Total assets 317,285.24M
Total liabilities 173,443.50M
Total equity 90,134.09M
Operating cash flow 5,128.69M

Currency in PHP

Revenue 3,349.41M
Gross profit 716.86M
Operating income 420.14M
Income before tax 435.06M
Net income 265.06M
EBITDA --
Diluted EPS 1.52
Dividends per share 0.06
Total assets 6,742.85M
Total liabilities 3,685.97M
Total equity 1,915.50M
Operating cash flow 112.63M

Currency in USD

Valuation measures

Dec 2015

PER 18.98
ROA 4.50%
ROE 14.24%
Operating margin 12.54%
Profit margin 7.91%

Key executive

  • President & Director: Carmelo Maria Luza Bautista
  • Executive Vice President & Chief Financial Officer: Francisco H. Suarez
  • Head-Legal, Compliance & Assistant Vice President: Renee Lynn Miciano-Atienza
  • VP, Head-Accounting & Financial Control: Reyna Rose P. Manon-og
  • VP, Head-Human Resources & Administration: Susan E. Cornelio

Share holders

  • TY FAMILY(51.3%)
  • Matthews International Capital Management LLC(2.3%)
  • Capital Research & Management Co. (World Investors)(1.9%)
  • Lazard Asset Management LLC(1.5%)
  • T. Rowe Price International Ltd.(1.2%)
  • Wasatch Advisors, Inc.(1.1%)
  • The Vanguard Group, Inc.(0.8%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.7%)
  • Norges Bank Investment Management(0.6%)
  • BlackRock Fund Advisors(0.6%)

Address

  • Website: http://www.gtcapital.com.ph
  • Address: GT Tower International, 6813 Ayala Avenue Corner, Makati, 1227, Philippines
  • Phone: +63.2.836.4500

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