PLDT INC-SPON ADR (PHI)
US69344D4088 - ADR
We assign a fundamental rating of 4 out of 10 to PHI. PHI was compared to 22 industry peers in the Wireless Telecommunication Services industry. While PHI is still in line with the averages on profitability rating, there are concerns on its financial health. PHI is not valued too expensively and it also shows a decent growth rate.
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.
PHI had positive earnings in each of the past 5 years.
In the past 5 years PHI always reported a positive cash flow from operatings.
1.2 Ratios
PHI has a Return On Assets (1.73%) which is in line with its industry peers.
PHI's Return On Equity of 9.74% is fine compared to the rest of the industry. PHI outperforms 61.90% of its industry peers.
PHI has a Return On Invested Capital (3.93%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for PHI is in line with the industry average of 7.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 9.74% | ||
| ROIC | 3.93% |
ROA(3y)3.41%
ROA(5y)3.74%
ROE(3y)18.73%
ROE(5y)19.45%
ROIC(3y)5.7%
ROIC(5y)7.07%
1.3 Margins
PHI's Profit Margin of 5.23% is in line compared to the rest of the industry. PHI outperforms 52.38% of its industry peers.
PHI's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 9.95%, PHI perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
PHI's Operating Margin has improved in the last couple of years.
PHI has a Gross Margin of 88.46%. This is amongst the best in the industry. PHI outperforms 95.24% of its industry peers.
PHI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.95% | ||
| PM (TTM) | 5.23% | ||
| GM | 88.46% |
OM growth 3Y-3.65%
OM growth 5Y12.93%
PM growth 3Y-2.02%
PM growth 5Y1.92%
GM growth 3Y-1.34%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
PHI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PHI remains at a similar level compared to 1 year ago.
The number of shares outstanding for PHI remains at a similar level compared to 5 years ago.
PHI has a worse debt/assets ratio than last year.
2.2 Solvency
PHI has an Altman-Z score of 0.56. This is a bad value and indicates that PHI is not financially healthy and even has some risk of bankruptcy.
PHI has a Altman-Z score of 0.56. This is in the lower half of the industry: PHI underperforms 71.43% of its industry peers.
The Debt to FCF ratio of PHI is 56.15, which is on the high side as it means it would take PHI, 56.15 years of fcf income to pay off all of its debts.
PHI's Debt to FCF ratio of 56.15 is on the low side compared to the rest of the industry. PHI is outperformed by 76.19% of its industry peers.
A Debt/Equity ratio of 2.46 is on the high side and indicates that PHI has dependencies on debt financing.
With a Debt to Equity ratio value of 2.46, PHI is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.46 | ||
| Debt/FCF | 56.15 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.66
WACC5.93%
2.3 Liquidity
A Current Ratio of 0.37 indicates that PHI may have some problems paying its short term obligations.
With a Current ratio value of 0.37, PHI is not doing good in the industry: 95.24% of the companies in the same industry are doing better.
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's Quick ratio of 0.36 is on the low side compared to the rest of the industry. PHI is outperformed by 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
PHI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.34%.
Measured over the past 5 years, PHI shows a small growth in Earnings Per Share. The EPS has been growing by 4.91% on average per year.
Looking at the last year, PHI shows a small growth in Revenue. The Revenue has grown by 3.14% in the last year.
Measured over the past years, PHI shows a small growth in Revenue. The Revenue has been growing by 5.07% on average per year.
EPS 1Y (TTM)7.34%
EPS 3Y6.61%
EPS 5Y4.91%
EPS growth Q2Q-4.53%
Revenue 1Y (TTM)3.14%
Revenue growth 3Y5.24%
Revenue growth 5Y5.07%
Revenue growth Q2Q1.52%
3.2 Future
The Earnings Per Share is expected to grow by 6.98% on average over the next years.
The Revenue is expected to grow by 5.02% on average over the next years.
EPS Next Y-0.48%
EPS Next 2Y3.41%
EPS Next 3Y6.98%
EPS Next 5YN/A
Revenue Next Year3.82%
Revenue Next 2Y3.91%
Revenue Next 3Y5.02%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.75, the valuation of PHI can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PHI indicates a rather cheap valuation: PHI is cheaper than 85.71% of the companies listed in the same industry.
PHI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.02.
With a Price/Forward Earnings ratio of 9.19, the valuation of PHI can be described as very reasonable.
PHI's Price/Forward Earnings ratio is rather cheap when compared to the industry. PHI is cheaper than 85.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PHI to the average of the S&P500 Index (21.32), we can say PHI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.75 | ||
| Fwd PE | 9.19 |
4.2 Price Multiples
61.90% of the companies in the same industry are cheaper than PHI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PHI is valued a bit more expensive than 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.29 | ||
| EV/EBITDA | 5.6 |
4.3 Compensation for Growth
The decent profitability rating of PHI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.78
EPS Next 2Y3.41%
EPS Next 3Y6.98%
5. Dividend
5.1 Amount
PHI has a Yearly Dividend Yield of 7.04%, which is a nice return.
Compared to an average industry Dividend Yield of 6.14, PHI pays a bit more dividend than its industry peers.
PHI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.04% |
5.2 History
The dividend of PHI is nicely growing with an annual growth rate of 10.72%!
PHI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.72%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PHI pays out 215.63% 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.
DP215.63%
EPS Next 2Y3.41%
EPS Next 3Y6.98%
PLDT INC-SPON ADR
NYSE:PHI (4/29/2024, 7:20:06 PM)
24.07
+0.28 (+1.18%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.20B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.04% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.75 | ||
| Fwd PE | 9.19 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 9.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.95% | ||
| PM (TTM) | 5.23% | ||
| GM | 88.46% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.46 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)7.34%
EPS 3Y6.61%
EPS 5Y
EPS growth Q2Q
EPS Next Y-0.48%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.14%
Revenue growth 3Y5.24%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y