Earnings Alerts

Boost in Ayala Corporation (AC) Earnings: Reports FY Net Income Rise to 38.1B Pesos

  • Ayala Corp’s net income for the fiscal year was 38.1 billion pesos, a 39% increase from the previous year.
  • The company’s capital expenditure was 247.7 billion pesos, marking a 12% decrease year over year.
  • The core net income stood at 41 billion pesos, up by 48% year over year.
  • President and CEO Cezar Consing stated that the company has succeeded in exceeding pre-pandemic aggregate core earnings and is now focusing on improving operating and financial results.
  • The Group’s capital expenditure (CAPEX) declined by 4% due to reduced spending by Globe.
  • The parent company’s CAPEX fell by 55% to 13.2 billion pesos due to Ayala’s purchase of Ayala Land’s shares and participation in Globe’s stock rights offering in 2022.
  • The company reported consolidated cash of 76.2 billion pesos.
  • Consolidated net debt was reported at 513.6 billion pesos, which is an 8% decrease from the previous year.
  • The company received 10 buys, 2 holds, and 0 sells.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Ayala Corporation on Smartkarma

Ayala Corporation, a leading Philippine conglomerate, has recently been the subject of analyst coverage on Smartkarma, an independent investment research network. According to analyst Clarence Chu, Mitsubishi Corp (8058 JP) is planning to raise US$100m by reducing its stake in Ayala Corporation. While this may create some overhang in the stock, the company’s momentum has been strong. This move by Mitsubishi is not entirely unexpected, as they have sold shares in Ayala Corporation twice before. The deal, which represents 43 days of the stock’s three-month average daily volume, has been well-received in the market despite the recent selldowns by Mitsubishi.


A look at Ayala Corporation Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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 is looking at a positive long-term outlook, according to the Smartkarma Smart Scores. With a score of 5 for growth, the company is expected to see significant expansion in the coming years. This is supported by a score of 4 for momentum, indicating a strong upward trend in the company’s performance. Additionally, Ayala Corporation scores a 3 for value, which suggests that the company is currently trading at a reasonable price. However, investors may want to take note of the lower scores for dividend (2) and resilience (2), which may indicate a lower payout and potentially higher risk for the company.

Ayala Corporation is a diverse company that operates in real estate, financial services, insurance, information technology, and telecommunications. It also has a presence in the automotive, food, and agriculture industries. With a growth score of 5, the company is expected to continue its expansion in these various sectors. However, investors may want to consider the lower scores for dividend (2) and resilience (2), which could suggest potential challenges in the future. Overall, Ayala Corporation‘s Smartkarma Smart Scores indicate a positive outlook for the company, but investors should carefully consider all factors before making any investment decisions.


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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