PLDT INC-SPON ADR (PHI) Stock Fundamental Analysis
USA - NYSE:PHI - US69344D4088 - ADR
19 USD
+0.32 (+1.71%)
19 USD
0 (0%)
Taking everything into account, PHI scores 5 out of 10 in our fundamental rating. PHI was compared to 22 industry peers in the Wireless Telecommunication Services industry. PHI has an excellent profitability rating, but there are concerns on its financial health. PHI is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PHI was profitable.
PHI had a positive operating cash flow in the past year.
PHI had positive earnings in each of the past 5 years.
Each year in the past 5 years PHI had a positive operating cash flow.
1.2 Ratios
PHI has a better Return On Assets (5.08%) than 72.73% of its industry peers.
Looking at the Return On Equity, with a value of 25.73%, PHI belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
PHI's Return On Invested Capital of 8.95% is fine compared to the rest of the industry. PHI outperforms 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 5.84%.
The 3 year average ROIC (5.82%) for PHI is below the current ROIC(8.95%), indicating increased profibility in the last year.
| 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 90.91% of the companies in the same industry.
In the last couple of years the Profit Margin of PHI has grown nicely.
PHI has a Operating Margin of 24.86%. This is amongst the best in the industry. PHI outperforms 90.91% of its industry peers.
PHI's Operating Margin has been stable in the last couple of years.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PHI is creating value.
Compared to 1 year ago, PHI has about the same amount of shares outstanding.
Compared to 5 years ago, PHI has about the same amount of shares outstanding.
Compared to 1 year ago, PHI has a worse debt to assets ratio.
2.2 Solvency
PHI has an Altman-Z score of 0.80. This is a bad value and indicates that PHI is not financially healthy and even has some risk of bankruptcy.
PHI has a worse Altman-Z score (0.80) than 68.18% 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 has a worse Debt to FCF ratio (27.81) than 72.73% of its industry peers.
A Debt/Equity ratio of 2.55 is on the high side and indicates that PHI has dependencies on debt 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/WACC3.33
WACC2.69%
2.3 Liquidity
A Current Ratio of 0.37 indicates that PHI may have some problems paying its short term obligations.
PHI has a Current ratio of 0.37. This is amonst the worse of the industry: PHI underperforms 90.91% of its industry peers.
PHI has a Quick 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.
PHI has a worse Quick ratio (0.35) than 90.91% of its industry peers.
| 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.
PHI shows a small growth in Revenue. In the last year, the Revenue has grown by 2.02%.
The Revenue has been growing slightly by 5.09% on average over the past years.
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 3.26% on average over the next years.
The Revenue is expected to grow by 2.56% on average over the next years.
EPS Next Y-0.33%
EPS Next 2Y2.4%
EPS Next 3Y3.26%
EPS Next 5YN/A
Revenue Next Year1.93%
Revenue Next 2Y2.5%
Revenue Next 3Y2.56%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.81, which indicates a rather cheap valuation of PHI.
Based on the Price/Earnings ratio, PHI is valued cheaper than 100.00% of the companies in the same industry.
PHI is valuated cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.49, the valuation of PHI can be described as very cheap.
Based on the Price/Forward Earnings ratio, PHI is valued cheaper than 95.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.32. PHI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 6.49 |
4.2 Price Multiples
77.27% of the companies in the same industry are more expensive than PHI, based on the Enterprise Value to EBITDA ratio.
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 | 19.02 | ||
| EV/EBITDA | 5.1 |
4.3 Compensation for Growth
PHI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.32
EPS Next 2Y2.4%
EPS Next 3Y3.26%
5. Dividend
5.1 Amount
PHI has a Yearly Dividend Yield of 8.52%, which is a nice return.
PHI's Dividend Yield is rather good when compared to the industry average which is at 8.48. PHI pays more dividend than 95.45% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, PHI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
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
PHI pays out 65.46% of its income as dividend. 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 2Y2.4%
EPS Next 3Y3.26%
19
+0.32 (+1.71%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners5.28%
Inst Owner Change-0.01%
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap4.11B
Analysts80
Price Target29.1 (53.16%)
Short Float %0.23%
Short Ratio2.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
Yearly Dividend1.66
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)-3.31%
PT rev (3m)-5.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.13%
EPS NY rev (1m)0.95%
EPS NY rev (3m)-4.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 6.49 | ||
| P/S | 1.09 | ||
| P/FCF | 19.02 | ||
| P/OCF | 3.07 | ||
| P/B | 1.91 | ||
| P/tB | 3.97 | ||
| EV/EBITDA | 5.1 |
EPS(TTM)2.79
EY14.68%
EPS(NY)2.93
Fwd EY15.42%
FCF(TTM)1
FCFY5.26%
OCF(TTM)6.19
OCFY32.56%
SpS17.49
BVpS9.93
TBVpS4.79
PEG (NY)N/A
PEG (5Y)1.32
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
WACC2.69%
ROIC/WACC3.33
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-0.33%
EPS Next 2Y2.4%
EPS Next 3Y3.26%
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 Year100.62%
EBIT Next 3Y28.53%
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%