PLDT INC-SPON ADR (PHI) Stock Fundamental Analysis
USA - NYSE:PHI - US69344D4088 - ADR
19.51 USD
-0.11 (-0.56%)
20.05 USD
+0.54 (+2.77%)
PHI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 22 industry peers in the Wireless Telecommunication Services industry. PHI scores excellent on profitability, but there are concerns on its financial health. PHI has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year PHI was profitable.
In the past year PHI had a positive cash flow from operations.
Each year in the past 5 years PHI has been profitable.
In the past 5 years PHI always reported a positive cash flow from operatings.
1.2 Ratios
PHI has a Return On Assets of 5.08%. This is in the better half of the industry: PHI outperforms 72.73% of its industry peers.
With an excellent Return On Equity value of 25.73%, PHI belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
The Return On Invested Capital of PHI (8.95%) is better than 77.27% of its industry peers.
PHI had an Average Return On Invested Capital over the past 3 years of 5.82%. This is in line with the industry average of 6.09%.
The last Return On Invested Capital (8.95%) for PHI is above the 3 year average (5.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 25.73% | ||
| ROIC | 8.95% |
ROA(3y)3.73%
ROA(5y)3.92%
ROE(3y)20.92%
ROE(5y)21.02%
ROIC(3y)5.82%
ROIC(5y)6.78%
1.3 Margins
Looking at the Profit Margin, with a value of 14.61%, PHI belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
PHI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.86%, PHI belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
In the last couple of years the Operating Margin of PHI has remained more or less at the same level.
With an excellent Gross Margin value of 86.48%, PHI belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
In the last couple of years the Gross Margin of PHI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.86% | ||
| PM (TTM) | 14.61% | ||
| GM | 86.48% |
OM growth 3Y1.9%
OM growth 5Y0.33%
PM growth 3Y2.8%
PM growth 5Y2.3%
GM growth 3Y-1.41%
GM growth 5Y-0.63%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PHI is creating value.
The number of shares outstanding for PHI remains at a similar level compared to 1 year ago.
PHI has about the same amout of shares outstanding than it did 5 years ago.
PHI has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that PHI is in the distress zone and has some risk of bankruptcy.
PHI has a worse Altman-Z score (0.80) than 63.64% of its industry peers.
PHI has a debt to FCF ratio of 27.81. This is a negative value and a sign of low solvency as PHI would need 27.81 years to pay back of all of its debts.
PHI's Debt to FCF ratio of 27.81 is on the low side compared to the rest of the industry. PHI is outperformed by 68.18% of its industry peers.
PHI has a Debt/Equity ratio of 2.55. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of PHI (2.55) is worse than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.55 | ||
| Debt/FCF | 27.81 | ||
| Altman-Z | 0.8 |
ROIC/WACC3.31
WACC2.7%
2.3 Liquidity
PHI has a Current Ratio of 0.37. This is a bad value and indicates that PHI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.37, PHI is not doing good in the industry: 90.91% of the companies in the same industry are doing better.
A Quick Ratio of 0.35 indicates that PHI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.35, PHI is doing worse than 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
PHI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.23%.
Measured over the past 5 years, PHI shows a small growth in Earnings Per Share. The EPS has been growing by 5.18% on average per year.
Looking at the last year, PHI shows a small growth in Revenue. The Revenue has grown by 2.02% in the last year.
PHI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.09% yearly.
EPS 1Y (TTM)4.23%
EPS 3Y5.37%
EPS 5Y5.18%
EPS Q2Q%3.61%
Revenue 1Y (TTM)2.02%
Revenue growth 3Y4.1%
Revenue growth 5Y5.09%
Sales Q2Q%2.46%
3.2 Future
The Earnings Per Share is expected to grow by 3.61% on average over the next years.
Based on estimates for the next years, PHI will show a small growth in Revenue. The Revenue will grow by 2.56% on average per year.
EPS Next Y-1.27%
EPS Next 2Y2.47%
EPS Next 3Y3.61%
EPS Next 5YN/A
Revenue Next Year1.93%
Revenue Next 2Y2.5%
Revenue Next 3Y2.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.89, which indicates a rather cheap valuation of PHI.
PHI's Price/Earnings ratio is rather cheap when compared to the industry. PHI is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, PHI is valued rather cheaply.
PHI is valuated cheaply with a Price/Forward Earnings ratio of 6.56.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PHI indicates a rather cheap valuation: PHI is cheaper than 95.45% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PHI to the average of the S&P500 Index (22.73), we can say PHI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.89 | ||
| Fwd PE | 6.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PHI is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.26 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
The excellent profitability rating of PHI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.33
EPS Next 2Y2.47%
EPS Next 3Y3.61%
5. Dividend
5.1 Amount
PHI has a Yearly Dividend Yield of 8.57%, which is a nice return.
PHI's Dividend Yield is rather good when compared to the industry average which is at 5.30. PHI pays more dividend than 100.00% of the companies in the same industry.
PHI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.57% |
5.2 History
The dividend of PHI has a limited annual growth rate of 5.62%.
PHI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)5.62%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
65.46% of the earnings are spent on dividend by PHI. This is not a sustainable payout ratio.
PHI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP65.46%
EPS Next 2Y2.47%
EPS Next 3Y3.61%
19.51
-0.11 (-0.56%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners5.1%
Inst Owner Change2.35%
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap4.22B
Analysts80
Price Target29.48 (51.1%)
Short Float %0.28%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.57% |
Yearly Dividend1.69
Dividend Growth(5Y)5.62%
DP65.46%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.94%
Min EPS beat(2)-3.5%
Max EPS beat(2)5.39%
EPS beat(4)1
Avg EPS beat(4)0.11%
Min EPS beat(4)-3.5%
Max EPS beat(4)5.39%
EPS beat(8)4
Avg EPS beat(8)4.11%
EPS beat(12)8
Avg EPS beat(12)11.51%
EPS beat(16)12
Avg EPS beat(16)12.61%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.48%
PT rev (3m)-10.13%
EPS NQ rev (1m)0.13%
EPS NQ rev (3m)-15.2%
EPS NY rev (1m)-5.04%
EPS NY rev (3m)-5.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.89 | ||
| Fwd PE | 6.56 | ||
| P/S | 1.1 | ||
| P/FCF | 19.26 | ||
| P/OCF | 3.11 | ||
| P/B | 1.94 | ||
| P/tB | 4.02 | ||
| EV/EBITDA | 5.12 |
EPS(TTM)2.83
EY14.51%
EPS(NY)2.97
Fwd EY15.24%
FCF(TTM)1.01
FCFY5.19%
OCF(TTM)6.27
OCFY32.14%
SpS17.73
BVpS10.07
TBVpS4.85
PEG (NY)N/A
PEG (5Y)1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 25.73% | ||
| ROCE | 11.94% | ||
| ROIC | 8.95% | ||
| ROICexc | 9.18% | ||
| ROICexgc | 10.74% | ||
| OM | 24.86% | ||
| PM (TTM) | 14.61% | ||
| GM | 86.48% | ||
| FCFM | 5.71% |
ROA(3y)3.73%
ROA(5y)3.92%
ROE(3y)20.92%
ROE(5y)21.02%
ROIC(3y)5.82%
ROIC(5y)6.78%
ROICexc(3y)6.02%
ROICexc(5y)7.44%
ROICexgc(3y)7.16%
ROICexgc(5y)9.04%
ROCE(3y)7.76%
ROCE(5y)9.05%
ROICexcg growth 3Y-2.13%
ROICexcg growth 5Y-4.68%
ROICexc growth 3Y-0.98%
ROICexc growth 5Y-2.62%
OM growth 3Y1.9%
OM growth 5Y0.33%
PM growth 3Y2.8%
PM growth 5Y2.3%
GM growth 3Y-1.41%
GM growth 5Y-0.63%
F-Score6
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.55 | ||
| Debt/FCF | 27.81 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 111.87% | ||
| Cap/Sales | 29.66% | ||
| Interest Coverage | 4.4 | ||
| Cash Conversion | 68.86% | ||
| Profit Quality | 39.1% | ||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.35 | ||
| Altman-Z | 0.8 |
F-Score6
WACC2.7%
ROIC/WACC3.31
Cap/Depr(3y)117.23%
Cap/Depr(5y)139.41%
Cap/Sales(3y)38.48%
Cap/Sales(5y)42.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.23%
EPS 3Y5.37%
EPS 5Y5.18%
EPS Q2Q%3.61%
EPS Next Y-1.27%
EPS Next 2Y2.47%
EPS Next 3Y3.61%
EPS Next 5YN/A
Revenue 1Y (TTM)2.02%
Revenue growth 3Y4.1%
Revenue growth 5Y5.09%
Sales Q2Q%2.46%
Revenue Next Year1.93%
Revenue Next 2Y2.5%
Revenue Next 3Y2.56%
Revenue Next 5YN/A
EBIT growth 1Y25.95%
EBIT growth 3Y6.08%
EBIT growth 5Y5.44%
EBIT Next Year100.03%
EBIT Next 3Y29.59%
EBIT Next 5YN/A
FCF growth 1Y157.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.95%
OCF growth 3Y-3.86%
OCF growth 5Y3.33%