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 2019 | PHP | USD |
| Revenue | 166,660.33M | 3,218.60M |
| Gross Profit | 109,829.03M | 2,121.05M |
| Operating income | 40,974.29M | 791.30M |
| Income before tax | 35,382.15M | 683.31M |
| Net income | 22,269.34M | 430.07M |
| EBITDA | 75,267.91M | 1,453.59M |
| Diluted EPS | 162.20 | 3.13 |
| Dividends Per Share | -- | -- |
| Total Assets | 304,290.73M | 6,008.30M |
| Total liabilities | 223,043.74M | 4,404.06M |
| Total equity | 81,112.42M | 1,601.58M |
| Operating cash flow | 67,375.73M | 1,301.18M |
| Currency in PHP | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 119,969.19M | 126,781.66M | 135,280.73M | 151,172.80M | 166,660.33M |
| Gross Profit | 76,010.54M | 81,228.03M | 86,785.08M | 96,297.95M | 109,829.03M |
| Operating income | 24,165.87M | 25,480.90M | 25,694.14M | 34,631.68M | 40,974.29M |
| Income before tax | 23,621M | 21,937.40M | 21,541.70M | 27,613.31M | 35,382.15M |
| Net income | 16,496.64M | 15,878.41M | 15,065.77M | 18,640.74M | 22,269.34M |
| EBITDA | 45,451.39M | 49,497.29M | 53,324.02M | 65,183.84M | 75,267.91M |
| Diluted EPS | 119.92 | 115.27 | 109.01 | 135.40 | 162.20 |
| Dividends Per Share | 88 | 91 | 91 | 91 | -- |
| Total Assets | 195,679.75M | 249,863.11M | 277,766.28M | 299,498.10M | 304,290.73M |
| Total liabilities | 136,281.96M | 186,386.80M | 211,208.55M | 226,354.60M | 223,043.74M |
| Total equity | 59,392.02M | 63,439.76M | 66,515.02M | 73,119.33M | 81,112.42M |
| Operating cash flow | 33,340.66M | 33,920.99M | 45,017.70M | 51,609.07M | 67,375.73M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 2,634.77M | 2,669.78M | 2,683.36M | 2,869.48M | 3,218.60M |
| Gross Profit | 1,669.35M | 1,710.51M | 1,721.42M | 1,827.88M | 2,121.05M |
| Operating income | 530.73M | 536.58M | 509.65M | 657.36M | 791.30M |
| Income before tax | 518.76M | 461.96M | 427.29M | 524.14M | 683.31M |
| Net income | 362.30M | 334.37M | 298.83M | 353.82M | 430.07M |
| EBITDA | 998.20M | 1,042.32M | 1,057.70M | 1,237.28M | 1,453.59M |
| Diluted EPS | 2.63 | 2.42 | 2.16 | 2.57 | 3.13 |
| Dividends Per Share | 1.93 | 1.91 | 1.80 | 1.72 | -- |
| Total Assets | 4,158.53M | 5,026.16M | 5,564.22M | 5,695.50M | 6,008.30M |
| Total liabilities | 2,896.22M | 3,749.29M | 4,230.94M | 4,304.54M | 4,404.06M |
| Total equity | 1,262.18M | 1,276.13M | 1,332.43M | 1,390.49M | 1,601.58M |
| Operating cash flow | 732.23M | 714.31M | 892.94M | 979.61M | 1,301.18M |
Valuation Measures
| Dec 2019 | |
| PER | 12.39 |
| ROA | 7.37% |
| ROE | 28.87% |
| Operating margin | 24.58% |
| Profit margin | 13.36% |
Key executives
- President, CEO & Executive Director: Ernest Lawrence Cu
- CFO, Treasurer & Chief Risk Officer: Rosemarie Maniego-Eala
- Chief Technology & Strategy Officer: Gil B. Genio
- Chief Information Officer: Carlomagno E. Malana
- Chief Compliance Officer, SVP-Law & Compliance: Marisalve Ciocson-Co
Shareholders
- Singapore Telecommunications Ltd. (46.9%)
- Ayala Corp. (30.8%)
- Social Security System (1.7%)
- Matthews International Capital Management LLC (1.5%)
- The Vanguard Group, Inc. (0.7%)
- Government Service Insurance System (0.6%)
- BlackRock Fund Advisors (0.6%)
- Handelsbanken Fonder AB (0.2%)
- Schroder Investment Management (Singapore) Ltd. (0.2%)
- Dimensional Fund Advisors LP (0.2%)
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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- Globe Telecom, Inc. - ESOP
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Competitors
- PLDT, Inc.
- IPS, Inc.
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Last Updated on 22 Sep, 2020