PLDT, 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
- Digital payment grows in Philippines amid COVID-19 fears Jul 19, 2020
- Philippine tech newcomer eyes $726m IPO Jul 3, 2020 See more articles on PLDT, Inc.
Company Background
PLDT is the county's dominant telecommunications carrier. The company commands around 70% of the fixed line segment and about two-thirds of the wireless cellular market via the Smart Communications, Talk 'N Text and Sun Cellular brands.
PLDT also has a minority interest in business process outsourcing company SPI Global. Its business thrust in recent years has been aimed at becoming a multimedia company from a traditional telecommunications services provider. It has moved to increase its media assets in line with this goal.
Through its trust fund, PLDT now controls two broadsheet newspapers, the Philippine Star and BusinessWorld, and has a minority stake in the Philippine Daily Inquirer. It also owns TV5, the nation's third-largest broadcaster. In August, the company made a 10% investment in Rocket Internet, a German startup engaged in e-commerce.
PLDT is majority owned by First Pacific, a Hong Kong-listed company controlled by Indonesia's Salim Group. It is also backed by Japan's NTT group, which has an around 22% stake in the company. With 576-billion-peso ($12.8 billion) market capitalization at the end of 2013, PLDT is one of the Philippines' most valuable companies.
Business Summary
Financial Highlights
Dec 2019 | PHP | USD |
Revenue | 169,187M | 3,267.39M |
Gross Profit | 111,706M | 2,157.30M |
Operating income | 39,401M | 760.92M |
Income before tax | 32,336M | 624.48M |
Net income | 22,521M | 434.93M |
EBITDA | 79,815M | 1,541.41M |
Diluted EPS | 103.96 | 2.00 |
Dividends Per Share | 75 | 1.44 |
Total Assets | 527,274M | 10,411.17M |
Total liabilities | 410,984M | 8,114.99M |
Total equity | 111,987M | 2,211.21M |
Operating cash flow | 62,517M | 1,207.34M |
Currency in PHP | Currency in USD |
Historical Data
Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
Revenue | 171,103M | 165,262M | 159,926M | 162,914M | 169,187M |
Gross Profit | 89,971M | 102,976M | 85,924M | 94,862M | 111,706M |
Operating income | 38,939M | 27,021M | 13,424M | 15,895M | 39,401M |
Income before tax | 23,397M | 20,890M | 14,569M | 22,815M | 32,336M |
Net income | 22,065M | 20,006M | 13,371M | 18,916M | 22,521M |
EBITDA | 71,534M | 62,405M | 66,174M | 64,027M | 79,815M |
Diluted EPS | 101.85 | 92.32 | 61.61 | 87.27 | 103.96 |
Dividends Per Share | 122 | 77 | 76 | 72 | 75 |
Total Assets | 457,208M | 475,119M | 460,826M | 485,088M | 527,274M |
Total liabilities | 343,310M | 366,582M | 349,643M | 368,422M | 410,984M |
Total equity | 113,608M | 108,175M | 106,842M | 112,358M | 111,987M |
Operating cash flow | 70,450M | 47,254M | 50,272M | 54,093M | 62,517M |
Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
Revenue | 3,757.78M | 3,480.11M | 3,172.21M | 3,092.35M | 3,267.39M |
Gross Profit | 1,975.95M | 2,168.48M | 1,704.34M | 1,800.62M | 2,157.30M |
Operating income | 855.18M | 569.01M | 266.27M | 301.71M | 760.92M |
Income before tax | 513.84M | 439.90M | 288.98M | 433.06M | 624.48M |
Net income | 484.59M | 421.28M | 265.22M | 359.05M | 434.93M |
EBITDA | 1,571.03M | 1,314.13M | 1,312.59M | 1,215.32M | 1,541.41M |
Diluted EPS | 2.23 | 1.94 | 1.22 | 1.65 | 2.00 |
Dividends Per Share | 2.67 | 1.62 | 1.50 | 1.36 | 1.44 |
Total Assets | 9,716.45M | 9,557.33M | 9,231.29M | 9,224.83M | 10,411.17M |
Total liabilities | 7,295.93M | 7,374.04M | 7,004.06M | 7,006.21M | 8,114.99M |
Total equity | 2,414.36M | 2,176.01M | 2,140.26M | 2,136.69M | 2,211.21M |
Operating cash flow | 1,547.23M | 995.08M | 997.17M | 1,026.76M | 1,207.34M |
Valuation Measures
Dec 2019 | |
PER | 9.50 |
ROA | 4.44% |
ROE | 20.07% |
Operating margin | 23.28% |
Profit margin | 13.31% |
Key executives
- Chairman, President & Chief Executive Officer: Manuel Velez Pangilinan
- Chief Financial & Risk Management Officer: Anabelle Lim-Chua
- Chief Revenue Officer & Executive Vice President: Alfredo S. Panlilio
- Senior Vice President & Head-Human Resources: Menardo G. Jimenez
- Chief Legal Counsel & Senior Vice President: Marilyn A. Victorio-Aquino
Shareholders
- Nippon Telegraph & Telephone Corp. (20.3%)
- Philippine Telecommunications Investment Corp. (12.0%)
- JG Summit Holdings, Inc. (11.2%)
- First Pacific Co. Ltd. (9.9%)
- The Vanguard Group, Inc. (1.3%)
- BlackRock Fund Advisors (0.8%)
- BDO Unibank, Inc. (Investment Management) (0.4%)
- GO JAMES L (0.4%)
- JPMorgan Asset Management (Singapore) Ltd. (0.3%)
- Dimensional Fund Advisors LP (0.2%)
Contact Details
- Website:http://www.pldt.com.ph
- Address: Ramon Cojuangco Building, Makati Avenue cor. Ayala Avenue, Makati City, 1200, Philippines
- Phone: +63.2.816.8534
Related Companies
- iCommerce Investments Pte Ltd.
- FINTQnologies Corp.
- Voyager Innovations Holdings Pte Ltd.
- PLDT Global Investments Holdings Inc
- PLDT Online Investments Pte Ltd.
- Maranao Telephone Co., Inc.
- PLDT Subic Telecom, Inc.
- Smart-NTT Multimedia, Inc.
- PLDT Retirement Fund
- Wolfpac Mobile, Inc.
- Bonifacio Communications Corp.
- Smart Money, Inc.
- Smart Money Holdings Corp.
- PLDT Maratel, Inc.
- PLDT Clark Telecom, Inc.
- Vocativ Systems, Inc.
- Parlance Systems, Inc.
- ACeS Philippines Cellular Satellite Corp.
- PLDT Global Corp.
- netGames, Inc.
- Beneficial Trust Fund
- PLDT-Philcom, Inc.
- GV Broadcasting System, Inc.
- ABM Global Solutions, Inc.
- Piltel International Holdings
- Piltel (Cayman) Ltd.
- ePLDT, Inc.
- Smart Communications, Inc.
- Subic Telecommunications Co.
- Digital Telecommunications Philippines, Inc.
Competitors
- Globe Telecom Inc.
- Rakuten, Inc.
- Alphabet Inc. Class A
- Microsoft Corporation
- Twitter, Inc.
- LINE Corp.
- Facebook, Inc. Class A
- Converge Information & Communications Technology Solutions Inc
- IPS, Inc.
- ABS-CBN Corporation
- Open Text Corporation
- Xurpas Inc
- GMA Network, Inc.
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