Company Valuation: Ayala Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 514,974 430,304 422,089 373,534 290,177 328,821 - -
Change - -16.44% -1.91% -11.5% -22.32% 13.32% - -
Enterprise Value (EV) 1 929,689 905,743 926,894 997,510 927,360 972,117 985,719 992,706
Change - -2.58% 2.34% 7.62% -7.03% 4.83% 1.4% 0.71%
P/E 19.6x 16.5x 11.6x 9.26x 4.94x 6.21x 5.63x 4.81x
PBR 1.42x 1.26x 1.14x 0.92x 0.72x 0.59x 0.54x 0.49x
PEG - -17.5x 0.3x 0.9x 0.1x -0.63x 0.5x 0.3x
Capitalization / Revenue 2.28x 1.63x 1.46x 1.15x 0.86x 0.93x 0.87x 0.82x
EV / Revenue 4.12x 3.43x 3.2x 3.06x 2.75x 2.74x 2.61x 2.47x
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 16.7x 15.8x 14.8x
EV / FCF -28.8x -26.7x -21.8x -16.9x -53x 11.7x 23.8x 19.4x
FCF Yield -3.47% -3.75% -4.6% -5.92% -1.89% 8.56% 4.2% 5.15%
Dividend per Share 2 6.92 6.92 7.62 8.38 9.21 9.495 9.942 10.46
Rate of return 0.83% 1% 1.12% 1.4% 1.97% 1.79% 1.88% 1.97%
EPS 2 42.42 42.02 58.64 64.69 94.72 85.32 94.1 110.2
Distribution rate 16.3% 16.5% 13% 13% 9.72% 11.1% 10.6% 9.49%
Net sales 1 225,592 263,820 289,905 325,744 336,886 354,948 377,463 402,088
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 2 831.00 695.00 681.00 599.00 468.00 530.00 530.00 530.00
Nbr of stocks (in thousands) 619,704 619,143 619,807 623,597 620,037 620,418 - -
Announcement Date 3/11/22 3/10/23 3/13/24 3/13/25 3/13/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.19x2.74x12.16x1.8% 5.12B
64.07x - - - 68.77B
12.62x4.42x11.33x3.82% 39.97B
19.46x4.15x16.67x1.26% 30.08B
15.13x3.22x15.42x2.31% 27.97B
8.27x1.49x8.36x4.28% 27.54B
5.51x0.69x1.44x8.98% 26.81B
8.57x3.04x7.09x-.--% 20.31B
10.02x1.96x7.56x4.19% 20.15B
13.86x6.57x17.27x1.57% 19.9B
Average 16.37x 3.14x 10.81x 3.13% 28.66B
Weighted average by Cap. 24.35x 3.20x 10.82x 3.39%

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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