Earnings Alerts

Ayala Corporation (AC) Earnings: 1H Net Income Rises 21% to 22.3B Pesos, Core Earnings Show Sustained Growth

  • Ayala Corp’s net income for the first half of 2024 is 22.3 billion pesos.
  • Core net income for the same period is 24.3 billion pesos.
  • First-half net income increased by 21% compared to the previous year.
  • Ayala Corp’s President and CEO, Cezar Consing, expressed satisfaction with the continued growth and stated that the group would keep exploring new initiatives.
  • Ayala Corp’s consolidated cash stands at 77.2 billion pesos.
  • Consolidated net debt saw a 6% increase, now totaling 536.1 billion pesos.
  • The consolidated net debt-to-equity ratio increased slightly, by one basis point, to 0.76x, which is well within Ayala’s covenant limit of 3.0x.
  • Analysts’ recommendations include 13 buys, 2 holds, and zero sells.

A look at Ayala Corporation Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Ayala Corporation, a diversified company with holdings in real estate, financial services, insurance, and more, is positioned for long-term growth. Based on Smartkarma Smart Scores, Ayala Corporation has strong ratings in Growth and Momentum, indicating a positive outlook for the company’s expansion and market performance. Additionally, the company scores well in Value, underlining its solid fundamentals. However, Ayala Corporation‘s scores in Dividend and Resilience show room for improvement, suggesting a need for focus in these areas to enhance shareholder returns and withstand economic challenges.

In summary, Ayala Corporation‘s robust presence in various sectors coupled with favorable ratings in Growth and Momentum paint a promising picture for its long-term prospects. By capitalizing on its strengths and addressing areas of opportunity, Ayala Corporation is poised to continue its growth trajectory and solidify its position as a key player in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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