Asia300

Ayala Corp.

Philippines

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 27, 2017
Prev close: 889
Jul 27, 2017
Market cap:
Market cap(USD):
552,238.12M
10,923.50M
Shares: 621.19M

Currency in PHP

Company profile

Market(Ticker): PHS(AC)
Sector:
Industry:
Finance
Financial Conglomerates
Full time employees: --

Business summary

Ayala Corp. is a holding company, which is engaged in providing real estate, telecommunications, utilities, logistics, financial and insurance services. It operates through following business segments: Parent Company, Real Estate and Hotels, Financial Services and Insurance, Telecommunications, Water Infrastructure, Electronics Manufacturing, Power generation and Automotive, IT/BPO and Others. The Parent Company segment represents operations of the Parent Company including its financing entities such as ACIFL, AYCFL, PFIL and MHI. The Real Estate and Hotels segment is engaged in planning and development of large-scale fully integrated mixed-used communities that become thriving economic centers in their respective regions. The Financial Services and Insurance segment offers banking services including savings and time deposits, loans, foreign exchange and securities dealing, and safety deposit facilities. The Telecommunications segment provides digital wireless and wireline voice communication services, broadband services, long distance communication, and mobile commerce services. The Water Infrastructure segment manages, operates, repairs, decommissions, and refurbishes all fixed and movable assets required to provide water delivery and sewerage services. The Electronics Manufacturing segment offers electronics manufacturing services for original equipment manufacturers in the computing, communications, consumer, automotive, industrial and medical electronics markets. The Power Generation segment is engaged in building portfolio of power generation assets using renewable and conventional technologies which in turn will operate business of generating, transmission of electricity, distribution of electricity and supply of electricity, including the provision of related services. The Automotive, IT/BPO and Others segment is engaged in manufacturing, distribution and sale and providing repairs and services for passenger cars and commercial vehicles. The company was founded on January 23, 1968 and is headquartered in Makati, Philippines.

Company background

Founded in 1834, Ayala Corp. is the Philippines' oldest conglomerate, controlled by the Zobel Filipino-Spanish family. Currently, the company is led by brothers Jaime Augusto Zobel, who serves as the company's chairman and CEO, and Fernando Zobel, who sits as the president and chief operating officer.

Its core businesses are real estate development (Ayala Land), financial services (Bank of the Philippine Islands), telecommunications (Globe Telecom, a joint venture with Singapore Telecommunications), and water distribution (Manila Water). The company, however, also has interests in electronics manufacturing and business process outsourcing.

Ayala, backed by Japanese conglomerate Mitsubishi Corp., is slowly expanding into the infrastructure and power sectors. Through AC Energy Holdings, Ayala aims to build power generating capacity of 1,000 megawatts by 2016, while it intends to build expressways and railways via AC Infrastructure Holdings. Together with Metro Pacific Investments, the company recently won a $1.5 billion contract to expand and run a major overhead railway in Manila. The company has also announced a foray into education.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 199,208.89M
Gross profit 56,009.24M
Operating income 38,447.90M
Income before tax 53,939.58M
Net income 26,011.26M
EBITDA 50,008.38M
Diluted EPS 39.31
Dividends per share 5.76
Total assets 913,273.80M
Total liabilities 542,631.87M
Total equity 230,568.58M
Operating cash flow 43,777.69M

Currency in PHP

Revenue 4,194.97M
Gross profit 1,179.45M
Operating income 809.64M
Income before tax 1,135.86M
Net income 547.74M
EBITDA 1,053.08M
Diluted EPS 0.82
Dividends per share 0.12
Total assets 18,371.10M
Total liabilities 10,915.40M
Total equity 4,638.04M
Operating cash flow 921.87M

Currency in USD

Valuation measures

Dec 2016

PER 18.31
ROA 3.04%
ROE 11.85%
Operating margin 19.30%
Profit margin 13.05%

Key executive

  • Executive Chairman & Chief Executive Officer: Jaime Augusto Zobel de Ayala
  • Vice Chairman, President & Chief Operating Officer: Fernando Zobel de Ayala
  • CFO, Chief Risk Officer, Group Head-Finance & MD: Jose Teodoro K. Limcaoco
  • Chief Information Officer: Maria Angelica B. Rapadas
  • Secretary, MD, Group Head-Legal & Compliance: Solomon M. Hermosura

Share holders

  • Mermac, Inc.(48.8%)
  • Mitsubishi Corp.(10.1%)
  • Aberdeen Asset Management (Asia) Ltd.(5.0%)
  • First State Investment Management (UK) Ltd.(2.4%)
  • SM Investments Corp.(1.4%)
  • Aberdeen Asset Managers Ltd.(1.3%)
  • The Vanguard Group, Inc.(1.3%)
  • Platinum Investment Management Ltd.(1.0%)
  • BlackRock Fund Advisors(0.7%)
  • APG Asset Management NV(0.6%)

Address

  • Website: http://www.ayala.com.ph
  • Address: Tower One, Ayala Avenue, Makati City, 1226, Philippines
  • Phone: +63.2.908.3000

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