Ayala Corp.
In the news
- Digital payment grows in Philippines amid COVID-19 fears Jul 19, 2020
- Manila's $2bn airport expansion pitch stalled by aviation shakeup Jul 8, 2020
- Philippines' Ayala fights to take over Australia's Infigen Energy Jun 29, 2020
- Duterte apologizes to Philippine tycoons he threatened to jail May 5, 2020
- Yangon Stock Exchange to open to overseas investors March 20 Mar 7, 2020 See more articles on Ayala Corp.
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.
Business Summary
Financial Highlights
Dec 2021 | PHP | USD |
Revenue | 225,591.92M | 4,576.40M |
Gross Profit | 46,987.47M | 953.19M |
Operating income | 21,549.00M | 437.14M |
Income before tax | 19,377.21M | 393.08M |
Net income | 28,238.17M | 572.84M |
EBITDA | 36,979.15M | 750.16M |
Diluted EPS | 42.51 | 0.86 |
Dividends Per Share | 6.92 | 0.14 |
Total Assets | 1,351.34B | 26,500.93M |
Total liabilities | 783,673.17M | 15,368.40M |
Total equity | 365,094.79M | 7,159.77M |
Operating cash flow | 10,041.96M | 203.71M |
Currency in PHP | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 242,227.64M | 256,891.28M | 264,906.53M | 193,622.43M | 225,591.92M |
Gross Profit | 64,635.13M | 65,238.01M | 72,040.54M | 46,125.57M | 46,987.47M |
Operating income | 43,343.67M | 42,356.12M | 44,690.45M | 20,441.08M | 21,549.00M |
Income before tax | 62,126.53M | 42,490.51M | 64,055.60M | 7,096.73M | 19,377.21M |
Net income | 30,263.84M | 31,817.72M | 35,279.33M | 11,944.67M | 28,238.17M |
EBITDA | 55,641.53M | 55,917.71M | 63,331.76M | 36,796.38M | 36,979.15M |
Diluted EPS | 45.99 | 48.35 | 53.92 | 25.23 | 42.51 |
Dividends Per Share | 6.92 | 6.92 | 8.30 | 6.92 | 6.92 |
Total Assets | 1,023.54B | 1,199.45B | 1,347.00B | 1,407.99B | 1,351.34B |
Total liabilities | 611,257.51M | 728,817.26M | 835,972.40M | 863,335.88M | 783,673.17M |
Total equity | 257,541.10M | 292,133.18M | 330,526.39M | 341,420.86M | 365,094.79M |
Operating cash flow | 30,059.54M | 51,424.34M | 35,122.25M | -5,223.25M | 10,041.96M |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 4,804.70M | 4,876.18M | 5,115.96M | 3,903.63M | 4,576.40M |
Gross Profit | 1,282.07M | 1,238.31M | 1,391.27M | 929.94M | 953.19M |
Operating income | 859.74M | 803.98M | 863.07M | 412.11M | 437.14M |
Income before tax | 1,232.31M | 806.53M | 1,237.06M | 143.07M | 393.08M |
Net income | 600.29M | 603.94M | 681.32M | 240.81M | 572.84M |
EBITDA | 1,103.67M | 1,061.40M | 1,223.08M | 741.85M | 750.16M |
Diluted EPS | 0.91 | 0.91 | 1.04 | 0.50 | 0.86 |
Dividends Per Share | 0.13 | 0.13 | 0.16 | 0.13 | 0.14 |
Total Assets | 20,503.67M | 22,809.76M | 26,597.00M | 29,318.96M | 26,500.93M |
Total liabilities | 12,244.74M | 13,859.79M | 16,506.51M | 17,977.36M | 15,368.40M |
Total equity | 5,159.07M | 5,555.44M | 6,526.33M | 7,109.45M | 7,159.77M |
Operating cash flow | 596.24M | 976.11M | 678.29M | -105.30M | 203.71M |
Valuation Measures
Dec 2021 | |
PER | 19.51 |
ROA | 2.04% |
ROE | 7.99% |
Operating margin | 9.55% |
Profit margin | 12.51% |
Key executives
- President, Chief Executive Officer & Director: Cezar Peralta Consing
- CFO, Chief Risk & Sustainability Officer: Alberto Macapinlac de Larrazabal
- Chief Information Officer: Maria Angelica B. Rapadas
- Secretary, Chief Legal Officer & Senior MD: Solomon M. Hermosura
- Managing Director: John Philip S. Orbeta
Shareholders
- Mermac, Inc. (47.9%)
- Mitsubishi Corp. (6.1%)
- Norges Bank Investment Management (1.7%)
- SM Investments Corp. (1.4%)
- The Vanguard Group, Inc. (1.4%)
- Orbis Investment Management Ltd. (0.8%)
- BlackRock Fund Advisors (0.7%)
- Geode Capital Management LLC (0.2%)
- Estate Of Sy Henry Sr (0.2%)
- BlackRock Advisors (UK) Ltd. (0.2%)
Contact Details
- Website:http://www.ayala.com.ph
- Address: Ayala Triangle Gardens Tower 2, Paseo de Roxas cor Makati Avenue, Makati City, 1226, Philippines
- Phone: +63.2.908.3000
Related Companies
- AC Logistics Holdings Corp.
- MCX Project Co., Inc.
- AC Energy & Infrastructure Corp.
- Ayala Capital
- GNPower Kauswagan
- PFIL North America, Inc.
- AC Ventures Holding Corp.
- Michigan Holdings, Inc. (Philippines)
- Ayala Healthcare Holdings, Inc.
- Ayala Education, Inc.
- Ayala Group Legal
- AC Infrastructure Holdings Corp.
- AC Energy Holdings, Inc.
- Universal Reinsurance Corp.
- AG Counselors Corp.
- Pure Foods International Ltd.
- EDINet Philippines, Inc.
- Ayala Aviation Corp.
- iOne Resources, Inc.
- AYC Finance Ltd.
- Darong Agricultural Development Corp.
- Technopark Land, Inc.
- Ayala Multi Purpose Cooperative
- Bestfull Holdings Ltd.
- Water Capital Works, Inc.
- Honda Cars Makati, Inc.
- AC Industrial Technology Holdings, Inc.
- Philwater Holdings Co., Inc.
- Azalea Technology Investments, Inc.
- Far East Trust Co.
Competitors
- Robinsons Land Corp.
- Megaworld Corp.
- Flex Ltd.
- SM Prime Holdings, Inc.
- Vista Land & Lifescapes, Inc.
- Plexus Corp.
- Kimball Electronics, Inc.
- AGL Energy Limited
- Origin Energy Limited
- CLP Holdings Limited
- DMCI Holdings Inc.
- Filinvest Land Incorporated
- Shell Plc
- American International Group, Inc.
- SM Investments Corporation
- First Gen Corporation
- Metro Pacific Investments Corporation
- Megawide Construction Corporation
- Robinsons Retail Holdings, Inc.
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