PLDT INC-SPON ADR (PHI) Stock Fundamental Analysis
USA - NYSE:PHI - US69344D4088 - ADR
19.66 USD
+0.15 (+0.77%)
19.66 USD
0 (0%)
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
PHI had positive earnings in the past year.
PHI had a positive operating cash flow in the past year.
In the past 5 years PHI has always been profitable.
Each year in the past 5 years PHI had a positive operating cash flow.
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.
PHI has a better Return On Equity (25.73%) than 90.91% of its industry peers.
With a decent Return On Invested Capital value of 8.95%, PHI is doing good in the industry, outperforming 77.27% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PHI 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
The Profit Margin of PHI (14.61%) is better than 95.45% of its industry peers.
In the last couple of years the Profit Margin of PHI has grown nicely.
PHI has a better Operating Margin (24.86%) than 95.45% of its industry peers.
PHI's Operating Margin has been stable in the last couple of years.
PHI has a Gross Margin of 86.48%. This is amongst the best in the industry. PHI outperforms 90.91% of its industry peers.
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.
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 0.80. This is a bad value and indicates that PHI is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.80, PHI is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
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.
The Debt to FCF ratio of PHI (27.81) is worse than 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.
PHI has a worse Debt to Equity ratio (2.55) 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
A Current Ratio of 0.37 indicates that PHI may have some problems paying its short term obligations.
The Current ratio of PHI (0.37) is worse than 90.91% of its industry peers.
A Quick Ratio of 0.35 indicates that PHI may have some problems paying 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%.
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.
PHI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
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
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
Based on the Price/Earnings ratio of 6.95, the valuation of PHI can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of PHI indicates a rather cheap valuation: PHI is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, PHI is valued rather cheaply.
A Price/Forward Earnings ratio of 6.62 indicates a rather cheap valuation of PHI.
PHI's Price/Forward Earnings ratio is rather cheap when compared to the industry. PHI is cheaper than 95.45% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PHI to the average of the S&P500 Index (22.71), we can say PHI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.95 | ||
| Fwd PE | 6.62 |
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.
PHI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.43 | ||
| EV/EBITDA | 5.13 |
4.3 Compensation for Growth
The excellent profitability rating of PHI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.34
EPS Next 2Y2.47%
EPS Next 3Y3.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.57%, PHI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.28, PHI pays a better dividend. On top of this PHI pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, PHI pays a better dividend.
| 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%
19.66
+0.15 (+0.77%)
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 Cap4.25B
Analysts80
Price Target29.48 (49.95%)
Short Float %0.36%
Short Ratio3.72
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 | 6.95 | ||
| Fwd PE | 6.62 | ||
| P/S | 1.11 | ||
| P/FCF | 19.43 | ||
| P/OCF | 3.14 | ||
| P/B | 1.95 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 5.13 |
EPS(TTM)2.83
EY14.39%
EPS(NY)2.97
Fwd EY15.12%
FCF(TTM)1.01
FCFY5.15%
OCF(TTM)6.27
OCFY31.87%
SpS17.71
BVpS10.06
TBVpS4.85
PEG (NY)N/A
PEG (5Y)1.34
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%