Communications

Globe Telecom, Inc.

In the news

Pandemic slows China-backed bid to end Philippine telco duopoly Aug 7, 2020
Top Philippine telco to launch 5G service with Huawei and Ericsson Jul 29, 2020
Duterte rocks Philippine telcos with threat to seize assets Jul 28, 2020
Huawei 5G dominance threatened in Southeast Asia Jul 20, 2020
Digital payment grows in Philippines amid COVID-19 fears Jul 19, 2020

See more articles on Globe Telecom, Inc.

Business Summary

Globe Telecom, Inc. engages in the provision of telecommunications services. It offers digital mobile communications, fixed line communications, and broadband services. It operates through the Mobile Communication Services and Wireline Communication Services segments. The company was founded in 1928 and is headquartered in Taguig, Philippines.

Financial Highlights

Dec 2021	PHP	USD
Revenue	167,747.21M	3,402.95M
Gross Profit	107,165.51M	2,173.97M
Operating income	32,934.65M	668.11M
Income before tax	28,158.23M	571.22M
Net income	23,438.72M	475.48M
EBITDA	74,261.42M	1,506.48M
Diluted EPS	169.48	3.43
Dividends Per Share	104.69	2.12
Total Assets	458,459.84M	8,990.73M
Total liabilities	374,041.82M	7,335.23M
Total equity	84,124.33M	1,649.73M
Operating cash flow	57,584.06M	1,168.16M
	Currency in PHP	Currency in USD

Historical Data

PHP | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	135,280.73M	151,172.80M	166,660.33M	160,519.54M	167,747.21M
Gross Profit	86,785.08M	96,297.95M	109,829.03M	107,548.16M	107,165.51M
Operating income	25,694.14M	34,631.68M	40,974.29M	36,618.88M	32,934.65M
Income before tax	21,541.70M	27,613.31M	35,382.15M	29,507.10M	28,158.23M
Net income	15,065.77M	18,640.74M	22,269.34M	18,578.32M	23,438.72M
EBITDA	53,324.02M	65,183.84M	75,267.91M	72,176.83M	74,261.42M
Diluted EPS	107.25	133.22	159.59	132.24	169.48
Dividends Per Share	89.53	89.53	106.25	106.26	104.69
Total Assets	277,766.28M	299,498.10M	304,290.73M	339,779.83M	458,459.84M
Total liabilities	211,208.55M	226,354.60M	223,043.74M	256,975.36M	374,041.82M
Total equity	66,515.02M	73,119.33M	81,112.42M	82,567.06M	84,124.33M
Operating cash flow	45,017.70M	51,609.07M	67,375.73M	58,582.37M	57,584.06M

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	2,683.36M	2,869.48M	3,218.60M	3,236.24M	3,402.95M
Gross Profit	1,721.42M	1,827.88M	2,121.05M	2,168.28M	2,173.97M
Operating income	509.65M	657.36M	791.30M	738.27M	668.11M
Income before tax	427.29M	524.14M	683.31M	594.89M	571.22M
Net income	298.83M	353.82M	430.07M	374.55M	475.48M
EBITDA	1,057.70M	1,237.28M	1,453.59M	1,455.16M	1,506.48M
Diluted EPS	2.12	2.52	3.08	2.66	3.43
Dividends Per Share	1.77	1.69	2.05	2.14	2.12
Total Assets	5,564.22M	5,695.50M	6,008.30M	7,075.28M	8,990.73M
Total liabilities	4,230.94M	4,304.54M	4,404.06M	5,351.03M	7,335.23M
Total equity	1,332.43M	1,390.49M	1,601.58M	1,719.30M	1,649.73M
Operating cash flow	892.94M	979.61M	1,301.18M	1,181.08M	1,168.16M

Valuation Measures

Dec 2021
PER	19.18
ROA	5.87%
ROE	28.12%
Operating margin	19.63%
Profit margin	13.97%

Key executives

President, CEO & Executive Director: Ernest Lawrence Cu
Chief Transformation & Operations Officer: Rebecca V. Eclipse
CFO, Treasurer & Chief Risk Officer: Rosemarie Maniego-Eala
Chief Information Officer: Raul I. Macatangay
Chief Compliance Officer, SVP-Law & Compliance: Marisalve Ciocson-Co

Shareholders

Singapore Telecommunications Ltd. (44.1%)
Ayala Corp. (29.0%)
Matthews International Capital Management LLC (0.9%)
The Vanguard Group, Inc. (0.7%)
BlackRock Fund Advisors (0.6%)
JPMorgan Asset Management (Singapore) Ltd. (0.5%)
Norges Bank Investment Management (0.2%)
Handelsbanken Fonder AB (0.2%)
CU ERNEST L (0.1%)
Dimensional Fund Advisors LP (0.1%)

Contact Details

Website:http://www.globe.com.ph
Address: The Globe Tower, 32nd Street corner 7th Avenue, Taguig, 1634, Philippines
Phone: +.632.7730.2000

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Competitors

PLDT, Inc.
Converge Information & Communications Technology Solutions Inc
IPS, Inc.
Grab Holdings Ltd. (Singapore) Class A

Last Updated on 28 Nov, 2022