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Finance

Alliance Global Group, Inc.

Company Background

Alliance Global Group is the holding company for Filipino-Chinese tycoon Andrew Tan, a self-made billionaire, who chairs the conglomerate at present. The conglomerate has stakes in property development, liquor, gaming and fast food. Its flagship real estate unit Megaworld is a major condominium builder and claims to be the country's biggest business process outsourcing office landlord. Its liquor unit, Emperador, produces the namesake brandy, which was the world's largest selling brandy by volume in 2013. Emperador also operates vineyards in Spain, and in a move to further expand abroad, the company acquired Whyte & Mackay for about $700 million in 2014.

 

Meanwhile, its gaming unit Travellers International Hotel Group is a joint venture with Malaysia's Genting Group. Travellers operates Resorts World Manila, and by 2018 it plans to open Bayshore City Resorts World at a Las Vegas-like gaming hub, which is being developed near Manila Bay. Alliance Global Group's unit Golden Arches Development is the master franchise holder of McDonald's in the Philippines.

Business Summary

Alliance Global Group, Inc. is an investment holding company, which engages in the food and beverage, real estate, and quick service restaurant businesses. It operates through the following segments: Megaworld, Travellers, GADC, and Emperador. The Megaworld segment consists of development of real estate, integrated resorts, leasing of properties, and hotel operations. The Travellers segment relates to tourism-oriented business that integrates entertainment, hospitality, and leisure. The GADC segment refers to operation of McDonald's restaurants in the Philippines. The Emperador segment engages in the manufacture and distribution of distilled spirits including the production of glass containers. The company was founded by Andrew L. Tan on October 12, 1993 and is headquartered in Quezon City, Philippines.

Financial Highlights

Dec 2021 PHPUSD
Revenue142,946.13M2,899.83M
Gross Profit54,763.74M1,110.94M
Operating income29,761.91M603.75M
Income before tax28,090.68M569.85M
Net income16,944.09M343.73M
EBITDA40,840.70M828.50M
Diluted EPS1.810.03
Dividends Per Share0.070.00
Total Assets703,959.94M13,805.16M
Total liabilities368,737.30M7,231.20M
Total equity209,903.69M4,116.36M
Operating cash flow22,853.47M463.60M
Currency in PHPCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 135,644.24M 151,452.22M 174,563.12M 124,555.37M 142,946.13M
Gross Profit 56,749.37M 61,399.50M 71,803.25M 42,964.67M 54,763.74M
Operating income 32,582.08M 33,354.74M 38,067.75M 18,329.51M 29,761.91M
Income before tax 28,842.59M 31,481.43M 35,689.59M 14,790.13M 28,090.68M
Net income 15,192.00M 15,114.29M 17,721.51M 8,829.29M 16,944.09M
EBITDA 38,421.64M 40,237.75M 47,798.19M 29,171.90M 40,840.70M
Diluted EPS 1.49 1.52 1.82 0.92 1.81
Dividends Per Share 0 0.10 0 0.05 0.07
Total Assets 535,612.15M 588,240.42M 644,476.32M 668,492.78M 703,959.94M
Total liabilities 261,339.06M 297,678.53M 347,359.53M 372,673.32M 368,737.30M
Total equity 164,158.16M 172,186.22M 179,373.80M 183,276.76M 209,903.69M
Operating cash flow 10,907.90M 17,772.44M 34,525.75M 26,603.02M 22,853.47M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 2,690.57M 2,874.79M 3,371.22M 2,511.17M 2,899.83M
Gross Profit 1,125.65M 1,165.45M 1,386.68M 866.21M 1,110.94M
Operating income 646.28M 633.12M 735.17M 369.54M 603.75M
Income before tax 572.10M 597.56M 689.24M 298.18M 569.85M
Net income 301.34M 286.89M 342.24M 178.00M 343.73M
EBITDA 762.11M 763.77M 923.09M 588.13M 828.50M
Diluted EPS 0.02 0.02 0.03 0.01 0.03
Dividends Per Share 0 0.00 0 0.00 0.00
Total Assets 10,729.41M 11,186.46M 12,725.36M 13,920.11M 13,805.16M
Total liabilities 5,235.15M 5,660.90M 6,858.71M 7,760.22M 7,231.20M
Total equity 3,288.42M 3,274.43M 3,541.78M 3,816.39M 4,116.36M
Operating cash flow 216.36M 337.34M 666.77M 536.34M 463.60M

Valuation Measures

Dec 2021
PER6.48
ROA2.46%
ROE8.61%
Operating margin20.82%
Profit margin11.85%

Key executives

  • Vice Chairman & Chief Executive Officer: Kevin Andrew L. Tan
  • President, Chief Operating Officer & Director: Kingson Uy Siok Sian
  • Chief Financial Officer & Compliance Officer: Dina D. R. Inting
  • Treasurer & Director: Katherine L. Tan
  • Investor Relations Contact: Caroline L. Kabigting

Shareholders

  • TAN CHONG BUAN LIM (49.7%)
  • Capital Research & Management Co. (World Investors) (3.8%)
  • Yorkshire Holdings, Inc. (2.7%)
  • Megaworld Corp. (1.6%)
  • Capital International, Inc. (Investment Management Singapore) (1.6%)
  • California Orchard Growers Investment, Inc. (1.2%)
  • The Vanguard Group, Inc. (1.1%)
  • TAN KENDRICK ANDREW L (0.6%)
  • Dimensional Fund Advisors LP (0.6%)
  • BlackRock Fund Advisors (0.5%)

Contact Details

  • Website:http://www.allianceglobalinc.com
  • Address: Eastwood City CyberPark, Bagumbayan, 188 East Rodriguez Jr. Avenue, Quezon City, 1110, Philippines
  • Phone: +63.2.8709.2038

Related Companies

  • Dew Dreams International, Inc.
  • Fil-Estate Subic Development Corp.
  • Infracorp Development, Inc.
  • Shiok Success International, Inc.
  • Travellers Group Ltd.
  • Greenspring Investment Holdings Properties Ltd.
  • Alliance Global Group Cayman Islands, Inc.
  • Emperador Inc.
  • ERA Real Estate Exchange, Inc.
  • Venezia Universal Ltd.
  • Alliance Global Brands, Inc.
  • Adams Properties, Inc.
  • Alliance DHO Corp.
  • First Centro, Inc.
  • New Town Land Partners, Inc.
  • Y&M Development Corp.
  • Mckester Pik-Nik International Ltd.
  • Golden Arches Development Corp.
  • Megaworld Corp.

Competitors

  • Robinsons Land Corp.
  • Bloomberry Resorts Corporation
  • Berjaya Corp. Bhd.
  • SM Prime Holdings, Inc.
  • Filinvest Development Corporation
  • Ayala Land Inc.
  • Pernod Ricard SA
  • Diageo plc
  • Cosco Capital, Inc.
  • Ginebra San Miguel, Inc.
  • Wendy's Company
  • Melco Resorts & Entertainment Ltd. Sponsored ADR
  • UTZ Brands, Inc. Class A
  • Yum! Brands, Inc.
  • Universal Entertainment Corporation
  • Jollibee Foods Corp.
  • Shakey's Pizza Asia Ventures, Inc.
  • JG Summit Holdings Inc.
  • SM Investments Corporation
Last Updated on 4 Oct, 2022

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