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Producer Manufacturing

DMCI Holdings, Inc.

  • 12.00 PHP
  • -0.10
  • -0.83%
  • Philippines
    Apr 20, 2018
  • Ticker
    PHS(DMC)
  • Prev. close
    12.10
  • Market cap (PHP)
    160,657M
  • Market cap (USD)
    3,083.78M
  • Shares
    13,277.50M

Company Background

DMCI Holdings is a major Philippine infrastructure conglomerate founded by Filipino-Chinese businessman Isidro Consunji, who served as transportation and public works minister during the Ferdinand Marcos administration in the 1970s. DMCI Holdings was incorporated on March 8, 1995, as a holding company of the Consunji family. It was listed on the Philippine Stock Exchange on Dec. 18 the same year.

The company has five operating subsidiaries, namely: D.M. Consunji (construction services), DMCI Project Developers (real estate development), Semirara Mining (coal mining), DMCI Mining (nickel mining), and DMCI Power (power generation). It also has affiliates in water distribution, DMCI-MPIC Water Company, and road infrastructure, Private Infra Dev.

The company is investing heavily in the expansion of its power generation capacity on the back of rising demand for electricity in the Philippines. The company is also evaluating plans for regional expansion. For instance, DMCI Homes officials in 2013 went to Myanmar to look for opportunities in the residential sector.

Business Summary

DMCI Holdings, Inc. engages in the provision of civil engineering and general construction services. It operates through the following segments: Construction, Coal Mining, Nickel Mining, Real Estate, On-grid Power, Off-grid Power and Water. The Construction segment covers various construction component businesses such as production and trading of concept products; handling steel fabrication; and electrical and foundation works. The Coal Mining segment explores, mines, and develops coal resources in Semirara Island. The Nickel Mining segment mines and sells nickel ore from existing stockpile in Acoje and Berong mines. The Real Estate segment focuses in mid-income residential development under the DMCI Homes brand. The On-grid Power segment engages in power generation through coal-fired power plants. The Off-grid Power segment is engaged in power generation through satellite power plants providing electricity to areas that are not connected to the main transmission grid. The Water segment provides water services for the west portion of Metro Manila, Olongapo City, and Subic Bay Freeport. The company was founded by David M. Consunji on March 8, 1995 and is headquartered in Makati, Philippines.

Financial Highlights

Dec 2017 PHPUSD
Revenue80,702.74M1,600.77M
Gross Profit32,757.28M649.75M
Operating income21,624.81M428.93M
Income before tax24,177.27M479.56M
Net income14,764.55M292.86M
EBITDA29,914.13M593.36M
Diluted EPS1.110.02
Dividends Per Share0.480.00
Total Assets172,028.85M3,446.09M
Total liabilities78,422.30M1,570.95M
Total equity76,362.41M1,529.69M
Operating cash flow22,179.48M439.94M
Currency in PHPCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 55,970.63M 56,560.95M 57,203.92M 68,287.48M 80,702.74M
Gross Profit 19,698.78M 17,735.43M 24,589.54M 26,360.62M 32,757.28M
Operating income 13,245.17M 10,416.34M 16,868.13M 17,632.44M 21,624.81M
Income before tax 22,522.92M 12,875.07M 18,151.22M 20,512.98M 24,177.27M
Net income 18,863.71M 10,775.33M 12,834.66M 12,680.49M 14,764.55M
EBITDA 17,441.27M 13,822.38M 20,514.65M 24,145.14M 29,914.13M
Diluted EPS 1.42 0.81 0.97 0.96 1.11
Dividends Per Share 0.48 0.48 0.48 0.48 0.48
Total Assets 123,744.64M 137,383.14M 148,639.73M 156,062.51M 172,028.85M
Total liabilities 63,615.22M 70,790.68M 73,864.55M 72,317.91M 78,422.30M
Total equity 51,219.10M 56,188.28M 62,504.71M 67,995.87M 76,362.41M
Operating cash flow 21,860.22M 14,642.58M 13,650.19M 20,380.49M 22,179.48M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,317.89M 1,274.22M 1,256.31M 1,438.00M 1,600.77M
Gross Profit 463.83M 399.54M 540.03M 555.10M 649.75M
Operating income 311.87M 234.66M 370.45M 371.30M 428.93M
Income before tax 530.33M 290.05M 398.63M 431.96M 479.56M
Net income 444.16M 242.74M 281.87M 267.02M 292.86M
EBITDA 410.67M 311.39M 450.54M 508.45M 593.36M
Diluted EPS 0.03 0.01 0.02 0.02 0.02
Dividends Per Share 0.01 0.01 0.01 0.01 0.00
Total Assets 2,788.14M 3,071.21M 3,158.85M 3,139.30M 3,446.09M
Total liabilities 1,433.34M 1,582.53M 1,569.74M 1,454.72M 1,570.95M
Total equity 1,154.03M 1,256.09M 1,328.33M 1,367.78M 1,529.69M
Operating cash flow 514.72M 329.87M 299.78M 429.17M 439.94M

Valuation Measures

Dec 2017
PER12.97
ROA9.00%
ROE20.45%
Operating margin26.79%
Profit margin18.29%

Key executives

  • Chairman, President & Chief Executive Officer: Isidro Almeda Consunji
  • CFO, Executive Director & Chief Compliance Officer: Herbert M. Consunji
  • Administration & Accounting Officer: Maria Luisa C. Austria
  • Managing Director: Victor S. Limlingan
  • Treasurer & Executive Director: Maria Edwina C. Laperal

Shareholders

  • Dacon Corp. (51.5%)
  • DFC Holdings, Inc. (17.9%)
  • The Vanguard Group, Inc. (1.0%)
  • First State Investments (Hong Kong) Ltd. (0.9%)
  • DMCI Retirement Plan (0.8%)
  • GOTIANUN MARIA CRISTINA C (0.7%)
  • Berit Holdings Corp. (0.7%)
  • LAPERAL MARIA EDWINA C (0.6%)
  • Templeton Asset Management Ltd. (Hong Kong) (0.6%)
  • BlackRock Fund Advisors (0.6%)

Contact Details

  • Website:http://www.dmciholdings.com
  • Address: Dacon Building, 2281 Don Chino Roces Avenue, Makati City, 1231, Philippines
  • Phone: +63.2.888.3000

Related Companies

  • DMCI Masbate Power Corp.
  • DMCI Mining Corp.
  • DMC Construction Equipment Resources, Inc.
  • DMCI Construction, Inc.
  • DMCI Power Corp.
  • DMCI Project Developers, Inc.
  • Dmci Homes, Inc.
  • D.M. Consunji, Inc.
  • Wire Rope Corp. of the Philippines
  • Semirara Mining & Power Corp.
  • Toledo Mining Corporation Plc
  • ENK plc

Competitors

  • EEI Corporation
  • Ayala Land Inc.
  • Nickel Asia Corp.
  • SM Investments Corporation
  • Empire East Land Holdings Inc.
  • Rockwell Land Corp.
  • JG Summit Holdings Inc.
Last Updated on 20 Apr, 2018

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