Asia300

GT Capital Holdings, Inc.

Philippines

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 17, 2017
Prev close: 1,171
Aug 17, 2017
Market cap:
Market cap(USD):
225,530.72M
4,391.17M
Shares: 192.59M

Currency in PHP

Company profile

Market(Ticker): PHS(GTCAP)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: --

Business summary

GT Capital Holdings, Inc. engages in banking, real estate development, power generation, automotive and life insurance business. It operates through five portfolios, which include Banking, Real Estate Development, Power generation, Automotive and Insurance. The Banking portfolio offers corporate and commercial banking products and services, which include credit card, investment banking and trust services, deposits, mortgage and vehicle finance products and services. The Real estate development portfolio sells, operates and develops real estate properties. The Power generation portfolio produces power in the Visayas region. The Automotive portfolio manufactures imports and wholesales and distributes Toyota brand motor vehicles. It also sells motor vehicle parts and accessories. The Insurance segment offers personal and group insurance products, which include life insurance and investment-linked insurance products. The company was founded on July 26, 2007 and is headquartered in Makati, Philippines.

Company background

GT Capital Holdings is the holding company of tycoon George S.K. Ty. The Filipino-Chinese businessman started building his empire in his 20s when he opened Metropolitan Bank & Trust in 1962. The conglomerate went public in 2012, and its initial public offering raised nearly 22 billion pesos ($520 million), making it the biggest equity transaction in the Philippines that year.

As well as its crown jewel, Metrobank, the group is also into property development through Federal Land; power generation (Global Business Power); automotive (Toyota Motor Philippines); life insurance (Philippine AXA Life Insurance); and nonlife insurance (Charter Ping An Insurance).

Recently, GT Capital, ran by Ty's son Alfred, has focused on power generation amid a looming power shortage in the Philippines. At the same time, the company had been beefing up its property development as demand grows in the residential and office sectors.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 195,583M
Gross profit 31,324M
Operating income 16,293M
Income before tax 15,831M
Net income 10,631M
EBITDA 21,319M
Diluted EPS 62.81
Dividends per share 3
Total assets 266,880M
Total liabilities 125,642M
Total equity 114,805M
Operating cash flow 12,702M

Currency in PHP

Revenue 4,118.62M
Gross profit 659.62M
Operating income 343.10M
Income before tax 333.37M
Net income 223.86M
EBITDA 448.93M
Diluted EPS 1.32
Dividends per share 0.06
Total assets 5,368.46M
Total liabilities 2,527.37M
Total equity 2,309.37M
Operating cash flow 267.48M

Currency in USD

Valuation measures

Dec 2016

PER 20.21
ROA 3.71%
ROE 10.37%
Operating margin 8.33%
Profit margin 5.43%

Key executive

  • President & Director: Carmelo Maria Luza Bautista
  • Executive Vice President & Chief Financial Officer: Francisco H. Suarez
  • Head-Legal, Compliance & Assistant Vice President: Renee Lynn Miciano-Atienza
  • VP, Head-Accounting & Financial Control: Reyna Rose P. Manon-og
  • VP, Head-Human Resources & Administration: Susan E. Cornelio

Share holders

  • TY FAMILY(55.9%)
  • Matthews International Capital Management LLC(2.1%)
  • Capital Research & Management Co. (World Investors)(1.8%)
  • The Vanguard Group, Inc.(1.3%)
  • Lazard Asset Management LLC(1.3%)
  • T. Rowe Price International Ltd.(1.1%)
  • Wasatch Advisors, Inc.(0.9%)
  • BlackRock Fund Advisors(0.7%)
  • Norges Bank Investment Management(0.6%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.5%)

Address

  • Website: http://www.gtcapital.com.ph
  • Address: GT Tower International, 6813 Ayala Avenue Corner, Makati, 1227, Philippines
  • Phone: +63.2.836.4500

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