EMPERADOR INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.58 PHP | -0.11% |
|
-1.69% | -10.89% |
| 05-16 | Emperador Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 04-30 | Emperador Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 113,626 | 160,048 | 327,319 | 324,171 | 328,105 | 292,384 | - | - |
| Enterprise Value (EV) 1 | 137,346 | 186,258 | 343,916 | 335,234 | 343,560 | 297,733 | 298,512 | 291,859 |
| P/E ratio | 17.2 x | 20.2 x | 33 x | 32.2 x | 39.3 x | 31 x | 25.8 x | 23 x |
| Yield | 0.69% | 1.09% | 1.11% | 1.41% | 1.15% | 1.31% | 1.44% | 1.58% |
| Capitalization / Revenue | 2.2 x | 3.03 x | 5.85 x | 5.16 x | 5 x | 4.37 x | 3.9 x | 3.62 x |
| EV / Revenue | 2.66 x | 3.53 x | 6.15 x | 5.34 x | 5.23 x | 4.46 x | 3.99 x | 3.61 x |
| EV / EBITDA | 12.7 x | 16.1 x | 22.6 x | 24.3 x | 25 x | 19.5 x | 16.2 x | 13.9 x |
| EV / FCF | 26 x | 28.5 x | 23.4 x | 81 x | 145 x | 28.3 x | 22.7 x | 19.2 x |
| FCF Yield | 3.85% | 3.51% | 4.27% | 1.23% | 0.69% | 3.53% | 4.4% | 5.22% |
| Price to Book | 1.75 x | 2.38 x | 4.21 x | 3.69 x | 3.49 x | 2.94 x | 2.73 x | 2.56 x |
| Nbr of stocks (in thousands) | 15,759,465 | 15,846,333 | 15,736,471 | 15,736,471 | 15,736,471 | 15,736,471 | - | - |
| Reference price 2 | 7.210 | 10.10 | 20.80 | 20.60 | 20.85 | 18.58 | 18.58 | 18.58 |
| Announcement Date | 6/26/20 | 4/22/21 | 4/27/22 | 4/16/23 | 4/30/24 | - | - | - |
1PHP in Million2PHP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 51,600 | 52,834 | 55,936 | 62,767 | 65,644 | 66,831 | 74,883 | 80,753 |
| EBITDA 1 | 10,806 | 11,550 | 15,223 | 13,805 | 13,768 | 15,230 | 18,423 | 20,973 |
| EBIT 1 | 9,286 | 10,064 | 14,082 | 12,390 | 12,517 | 13,332 | 16,185 | 16,840 |
| Operating Margin | 18% | 19.05% | 25.18% | 19.74% | 19.07% | 19.95% | 21.61% | 20.85% |
| Earnings before Tax (EBT) 1 | 8,480 | 9,436 | 12,895 | 11,710 | 10,941 | 12,520 | 15,804 | 19,213 |
| Net income 1 | 6,726 | 7,967 | 9,971 | 10,061 | 8,706 | 10,174 | 12,208 | 15,946 |
| Net margin | 13.03% | 15.08% | 17.83% | 16.03% | 13.26% | 15.22% | 16.3% | 19.75% |
| EPS 2 | 0.4200 | 0.5000 | 0.6300 | 0.6400 | 0.5300 | 0.6000 | 0.7210 | 0.8069 |
| Free Cash Flow 1 | 5,286 | 6,538 | 14,676 | 4,139 | 2,365 | 10,513 | 13,147 | 15,238 |
| FCF margin | 10.24% | 12.38% | 26.24% | 6.59% | 3.6% | 15.73% | 17.56% | 18.87% |
| FCF Conversion (EBITDA) | 48.92% | 56.61% | 96.4% | 29.98% | 17.18% | 69.03% | 71.36% | 72.66% |
| FCF Conversion (Net income) | 78.59% | 82.07% | 147.18% | 41.14% | 27.17% | 103.32% | 107.69% | 95.56% |
| Dividend per Share 2 | 0.0500 | 0.1100 | 0.2300 | 0.2900 | 0.2400 | 0.2431 | 0.2670 | 0.2935 |
| Announcement Date | 6/26/20 | 4/22/21 | 4/27/22 | 4/16/23 | 4/30/24 | - | - | - |
1PHP in Million2PHP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - |
| Net income | 2,318 | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| EPS 1 | 0.1500 | 0.1500 | 0.1300 | 0.1000 | 0.1496 | 0.0997 | 0.1496 | - | - |
| Dividend per Share 1 | - | 0.2900 | - | - | 0.2253 | - | - | - | 0.2493 |
| Announcement Date | 5/19/23 | 8/14/23 | 11/13/23 | 4/30/24 | - | - | - | - | - |
1PHP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 23,720 | 26,210 | 16,597 | 11,063 | 15,454 | 5,350 | 6,128 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 524 |
| Leverage (Debt/EBITDA) | 2.195 x | 2.269 x | 1.09 x | 0.8014 x | 1.123 x | 0.3513 x | 0.3326 x | - |
| Free Cash Flow 1 | 5,286 | 6,538 | 14,676 | 4,139 | 2,365 | 10,513 | 13,147 | 15,238 |
| ROE (net income / shareholders' equity) | 10.6% | 11.9% | 13.8% | 12.2% | 9.6% | 9.4% | 11.2% | 10.6% |
| ROA (Net income/ Total Assets) | 5.42% | 6.56% | 7.95% | 7.46% | 6.01% | 5.5% | 8.05% | - |
| Assets 1 | 124,087 | 121,452 | 125,484 | 134,864 | 144,960 | 184,988 | 151,655 | - |
| Book Value Per Share 2 | 4.110 | 4.250 | 4.940 | 5.580 | 5.970 | 6.320 | 6.800 | 7.240 |
| Cash Flow per Share 2 | 0.6600 | 0.7200 | 0.9600 | 0.8900 | 0.4400 | 0.6600 | 0.5700 | 0.8100 |
| Capex 1 | 2,159 | 1,014 | 1,739 | 4,003 | 4,785 | 4,223 | 2,540 | 2,182 |
| Capex / Sales | 4.18% | 1.92% | 3.11% | 6.38% | 7.29% | 6.32% | 3.39% | 2.7% |
| Announcement Date | 6/26/20 | 4/22/21 | 4/27/22 | 4/16/23 | 4/30/24 | - | - | - |
1PHP in Million2PHP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
18.58
PHP
Average target price
17.44
PHP
Spread / Average Target
-6.11%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.89% | 5.01B | |
| -13.17% | 69.85B | |
| -20.53% | 33.94B | |
| -25.69% | 20.57B | |
| -15.24% | 8.34B | |
| -32.52% | 4.25B | |
| -17.72% | 3.51B | |
| +7.35% | 2.87B | |
| +3.81% | 1.6B | |
| -11.54% | 1.32B |
- Stock Market
- Equities
- EMI Stock
- Financials Emperador Inc.
