Company Valuation: Ayala Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 514,974 430,304 422,089 373,534 290,177 334,405 - -
Change - -16.44% -1.91% -11.5% -22.32% 15.24% - -
Enterprise Value (EV) 1 929,689 905,743 926,894 997,510 927,360 977,701 991,303 998,290
Change - -2.58% 2.34% 7.62% -7.03% 5.43% 1.39% 0.7%
P/E 19.6x 16.5x 11.6x 9.26x 4.94x 6.5x 5.73x 4.89x
PBR 1.42x 1.26x 1.14x 0.92x 0.72x 0.6x 0.55x 0.5x
PEG - -17.5x 0.3x 0.9x 0.1x -0.5x 0.4x 0.3x
Capitalization / Revenue 2.28x 1.63x 1.46x 1.15x 0.86x 0.94x 0.89x 0.83x
EV / Revenue 4.12x 3.43x 3.2x 3.06x 2.75x 2.75x 2.63x 2.48x
EV / EBITDA 25.6x 26.4x 22.1x 18.8x 14.7x 12.2x 11.7x 11x
EV / EBIT 47.9x 48.6x 33.8x 27.7x 20.5x 16.8x 15.9x 14.9x
EV / FCF -28.8x -26.7x -21.8x -16.9x -53x 11.8x 23.9x 19.5x
FCF Yield -3.47% -3.75% -4.6% -5.92% -1.89% 8.51% 4.18% 5.12%
Dividend per Share 2 6.92 6.92 7.62 8.38 9.21 9.496 9.944 10.46
Rate of return 0.83% 1% 1.12% 1.4% 1.97% 1.76% 1.84% 1.94%
EPS 2 42.42 42.02 58.64 64.69 94.72 82.96 94.1 110.2
Distribution rate 16.3% 16.5% 13% 13% 9.72% 11.4% 10.6% 9.49%
Net sales 1 225,592 263,820 289,905 325,744 336,886 354,948 377,463 402,087
EBITDA 1 36,248 34,297 41,907 53,160 63,253 79,852 84,556 90,619
EBIT 1 19,396 18,625 27,426 35,968 45,311 58,278 62,198 67,032
Net income 1 27,774 27,398 38,073 42,026 61,428 56,769 60,614 72,755
Net Debt 1 414,715 475,439 504,805 623,976 637,182 643,296 656,898 663,885
Reference price 2 831.00 695.00 681.00 599.00 468.00 539.00 539.00 539.00
Nbr of stocks (in thousands) 619,704 619,143 619,807 623,597 620,037 620,418 - -
Announcement Date 11/03/22 10/03/23 13/03/24 13/03/25 13/03/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.5x2.75x12.24x1.76% 5.32B
60.96x - - - 65.33B
12.7x4.44x11.39x3.79% 40.21B
8.31x1.44x8.03x4.26% 27.66B
5.6x0.73x1.5x8.79% 27.38B
17.12x3.86x15.52x1.43% 26.33B
13.33x3.03x14.51x2.62% 24.52B
8.85x3.13x7.29x-.--% 20.95B
10.03x1.96x8.09x4.19% 20.16B
7.65x0.85x3.08x2.92% 19.56B
Average 15.11x 2.47x 9.07x 3.31% 27.74B
Weighted average by Cap. 22.44x 2.60x 9.09x 3.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ayala Corporation

Historical PBR trend

Valuation ratios - PBR - Ayala Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ayala Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ayala Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ayala Corporation
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