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Finance

Ayala Corp.

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: Parent Company, Real Estate and Hotels, Financial Services and Insurance, Telecommunications, Water Infrastructure, Electronics Manufacturing, Power generation, and Automotive, IT/BPO and Others. The Parent Company segment represents operations of the Parent Company including its financing entities such as ACIFL, AYCFL, PFIL and MHI. The Real Estate and Hotels segment is engaged in planning and development of large-scale fully integrated mixed-used communities that become thriving economic centers in their respective regions. 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 Infrastructure segment manages, operates repairs, decommissions, and refurbishes all fixed and movable assets required to provide water delivery and sewerage services. The Electronics Manufacturing segment offers electronics manufacturing services for original equipment manufacturers in the computing, communications, consumer, automotive, industrial and medical electronics markets. The Power Generation segment is engaged in building portfolio of power generation assets using renewable and conventional technologies which in turn will operate business of generating, transmission of electricity, distribution of electricity and supply of electricity, including the provision of related services. The Automotive, IT/BPO and Others segment is engaged in manufacturing, distribution and sale and providing repairs and services for passenger cars and commercial vehicles. The company was founded on January 23, 1968 and is headquartered in Makati, Philippines.

Financial Highlights

Dec 2018 PHPUSD
Revenue274,881.48M5,217.66M
Gross Profit75,888.08M1,440.47M
Operating income49,777.57M944.85M
Income before tax70,184.83M1,332.21M
Net income31,817.72M603.94M
EBITDA63,339.16M1,202.27M
Diluted EPS48.210.91
Dividends Per Share6.920.13
Total Assets1,200.10B22,822.11M
Total liabilities729,466.58M13,872.14M
Total equity292,133.18M5,555.44M
Operating cash flow60,054.58M1,139.92M
Currency in PHPCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 156,416.44M 174,034.99M 199,208.89M 242,227.64M 274,881.48M
Gross Profit 42,970.15M 49,554.74M 56,009.24M 64,635.13M 75,888.08M
Operating income 25,078.03M 27,836.10M 38,409.98M 43,343.67M 49,777.57M
Income before tax 40,412.52M 47,306.49M 35,785.69M 62,126.53M 70,184.83M
Net income 18,609.22M 22,278.95M 26,011.26M 30,263.84M 31,817.72M
EBITDA 34,236.22M 37,279.19M 49,970.45M 55,641.53M 63,339.16M
Diluted EPS 29.35 33.38 39.30 45.99 48.21
Dividends Per Share 4.80 5.76 5.76 6.92 6.92
Total Assets 727,856.12M 795,981.39M 913,273.80M 1,023.54B 1,200.10B
Total liabilities 441,387.51M 467,973.21M 542,631.87M 611,257.51M 729,466.58M
Total equity 185,266.27M 208,121.55M 230,568.58M 257,541.10M 292,133.18M
Operating cash flow 44,950.49M 26,895.34M 43,777.69M 30,059.54M 60,054.58M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 3,523.79M 3,822.17M 4,194.97M 4,804.70M 5,217.66M
Gross Profit 968.04M 1,088.32M 1,179.45M 1,282.07M 1,440.47M
Operating income 564.96M 611.33M 808.84M 859.74M 944.85M
Income before tax 910.42M 1,038.95M 753.58M 1,232.31M 1,332.21M
Net income 419.23M 489.29M 547.74M 600.29M 603.94M
EBITDA 771.28M 818.72M 1,052.28M 1,103.67M 1,202.27M
Diluted EPS 0.66 0.73 0.82 0.91 0.91
Dividends Per Share 0.10 0.12 0.12 0.13 0.13
Total Assets 16,271.30M 16,915.97M 18,371.10M 20,503.67M 22,822.11M
Total liabilities 9,867.26M 9,945.23M 10,915.40M 12,244.74M 13,872.14M
Total equity 4,141.64M 4,422.94M 4,638.04M 5,159.07M 5,555.44M
Operating cash flow 1,012.65M 590.67M 921.87M 596.24M 1,139.92M

Valuation Measures

Dec 2018
PER18.44
ROA2.86%
ROE11.57%
Operating margin18.10%
Profit margin11.57%

Key executives

  • Chairman & Chief Executive Officer: Jaime Augusto Zobel de Ayala
  • Vice Chairman, President & Chief Operating Officer: Fernando Miranda Zobel de Ayala
  • CFO, MD, Chief Risk Officer, & Group Head-Finance: Jose Teodoro K. Limcaoco
  • Chief Information Officer: Maria Angelica B. Rapadas
  • Secretary, Chief Legal Officer & General Counsel: Solomon M. Hermosura

Shareholders

  • Mermac, Inc. (47.2%)
  • Mitsubishi Corp. (6.0%)
  • First Sentier Investors (Australia) IM Ltd. (1.5%)
  • The Caisse de depot et placement du Quebec (1.5%)
  • Capital Research & Management Co. (World Investors) (1.4%)
  • SM Investments Corp. (1.4%)
  • The Vanguard Group, Inc. (1.4%)
  • BlackRock Fund Advisors (0.8%)
  • Invesco Advisers, Inc. (0.5%)
  • FIL Investment Management (Singapore) Ltd. (0.5%)

Contact Details

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

Related Companies

  • AC Energy, Inc. (Philippines)
  • Ayala Capital
  • GNPower Kauswagan
  • PFIL North America, Inc.
  • Michigan Holdings, Inc. /PH/
  • 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
  • BPI Card Finance Corp.
  • Bestfull Holdings Ltd.
  • Water Capital Works, Inc.
  • Makati Development Corp.
  • Honda Cars Makati, Inc.
  • AC Industrial Technology Holdings, Inc.
  • Philwater Holdings Co., Inc.
  • Azalea Technology Investments, Inc.
  • Far East Trust Co.
  • Ayala Corp. ESOWN

Competitors

  • SM Investments Corporation
  • Plexus Corp.
  • Flex Ltd.
  • DMCI Holdings Inc.
  • Kimball Electronics, Inc.
  • Megaworld Corp.
  • Robinsons Land Corp.
  • Filinvest Land Incorporated
  • Vista Land & Lifescapes, Inc.
  • EEI Corporation
  • Metro Pacific Investments Corporation
  • Robinsons Retail Holdings, Inc.
Last Updated on 13 Dec, 2019

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