ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Communications

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 2020 PHPUSD
Revenue160,519.54M3,236.24M
Gross Profit107,548.16M2,168.28M
Operating income36,618.88M738.27M
Income before tax29,507.10M594.89M
Net income18,578.32M374.55M
EBITDA72,176.83M1,455.16M
Diluted EPS134.402.70
Dividends Per Share----
Total Assets339,779.83M7,075.28M
Total liabilities256,975.36M5,351.03M
Total equity82,567.06M1,719.30M
Operating cash flow58,582.37M1,181.08M
Currency in PHPCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 126,781.66M 135,280.73M 151,172.80M 166,660.33M 160,519.54M
Gross Profit 81,228.03M 86,785.08M 96,297.95M 109,829.03M 107,548.16M
Operating income 25,480.90M 25,694.14M 34,631.68M 40,974.29M 36,618.88M
Income before tax 21,937.40M 21,541.70M 27,613.31M 35,382.15M 29,507.10M
Net income 15,878.41M 15,065.77M 18,640.74M 22,269.34M 18,578.32M
EBITDA 49,497.29M 53,324.02M 65,183.84M 75,267.91M 72,176.83M
Diluted EPS 115.27 109.01 135.40 162.20 134.40
Dividends Per Share 91 91 91 107.99 --
Total Assets 249,863.11M 277,766.28M 299,498.10M 304,290.73M 339,779.83M
Total liabilities 186,386.80M 211,208.55M 226,354.60M 223,043.74M 256,975.36M
Total equity 63,439.76M 66,515.02M 73,119.33M 81,112.42M 82,567.06M
Operating cash flow 33,920.99M 45,017.70M 51,609.07M 67,375.73M 58,582.37M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,669.78M 2,683.36M 2,869.48M 3,218.60M 3,236.24M
Gross Profit 1,710.51M 1,721.42M 1,827.88M 2,121.05M 2,168.28M
Operating income 536.58M 509.65M 657.36M 791.30M 738.27M
Income before tax 461.96M 427.29M 524.14M 683.31M 594.89M
Net income 334.37M 298.83M 353.82M 430.07M 374.55M
EBITDA 1,042.32M 1,057.70M 1,237.28M 1,453.59M 1,455.16M
Diluted EPS 2.42 2.16 2.57 3.13 2.70
Dividends Per Share 1.91 1.80 1.72 2.08 --
Total Assets 5,026.16M 5,564.22M 5,695.50M 6,008.30M 7,075.28M
Total liabilities 3,749.29M 4,230.94M 4,304.54M 4,404.06M 5,351.03M
Total equity 1,276.13M 1,332.43M 1,390.49M 1,601.58M 1,719.30M
Operating cash flow 714.31M 892.94M 979.61M 1,301.18M 1,181.08M

Valuation Measures

Dec 2020
PER15.03
ROA5.76%
ROE22.70%
Operating margin22.81%
Profit margin11.57%

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. (46.8%)
  • Ayala Corp. (30.8%)
  • Social Security System (1.8%)
  • Matthews International Capital Management LLC (1.4%)
  • Government Service Insurance System (0.8%)
  • The Vanguard Group, Inc. (0.6%)
  • BlackRock Fund Advisors (0.6%)
  • Handelsbanken Fonder AB (0.2%)
  • Schroder Investment Management (Singapore) Ltd. (0.2%)
  • JPMorgan Asset Management (Singapore) Ltd. (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

Related Companies

  • Evergreen Environmental Resources, Inc.
  • Globe Telecom Pte Ltd.
  • Globe Fintech Innovations, Inc.
  • AdSpark, Inc.
  • Globetel European Ltd.
  • Globe Telecom HK Ltd.
  • GTI Business Holdings, Inc.
  • Kickstart Ventures, Inc.
  • Asticom Technology, Inc.
  • G-Xchange, Inc.
  • Innove Communications, Inc.
  • Globequest, Inc.
  • Bayan Telecommunications, Inc.
  • Globe Telecom, Inc. - ESOP
  • Globe Telecom, Inc. - ESOWN

Competitors

  • PLDT, Inc.
  • IPS, Inc.
  • Converge Information & Communications Technology Solutions Inc
Last Updated on 17 Sep, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more