PLDT Inc. Sponsored ADR
Find Ratings ReportsPLDT INC's gross profit margin for the third quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. PLDT INC has very weak liquidity. Currently, the Quick Ratio is 0.22 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 5.68% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 880.6 | 758.53 |
EBITDA ($mil) | 461.91 | 390.8 |
EBIT ($mil) | 257.07 | 231.3 |
Net Income ($mil) | 158.81 | 163.15 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 387.63 | 365.6 |
Total Assets ($mil) | 11176.55 | 10928.95 |
Total Debt ($mil) | 5585.76 | 5007.63 |
Equity ($mil) | 1980.9 | 2100.36 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 88.68 | 89.36 |
EBITDA Margin | 52.45 | 51.52 |
Operating Margin | 29.19 | 30.49 |
Sales Turnover | 0.34 | 0.32 |
Return on Assets | 1.91 | 5.59 |
Return on Equity | 10.78 | 29.16 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 0.37 | 0.3 |
Debt/Capital | 0.74 | 0.7 |
Interest Expense | 70.42 | 52.12 |
Interest Coverage | 3.65 | 4.44 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 216.06 | 216.06 |
Div / share | 0.86 | 1.32 |
EPS | 0.73 | 0.75 |
Book value / share | 9.17 | 9.72 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 61201.0 | 54369.0 |
HOLD. The current P/E ratio indicates a premium compared to an average of 18.90 for the Telecommunications subsector and a value on par with the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 2.78 indicates a significant discount versus the S&P 500 average of 4.68 and a premium versus the subsector average of 2.06. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. After reviewing these and other key valuation criteria, PLDT INC proves to trade at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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PHI 26.01 | Peers 18.90 | PHI 3.39 | Peers 17.10 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. PHI is trading at a significant premium to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. PHI is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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PHI NA | Peers 10.66 | PHI 0.12 | Peers 0.70 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. PHI is trading at a discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. PHI trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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PHI 2.78 | Peers 2.06 | PHI -65.25 | Peers 102.71 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. PHI is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, PHI is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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PHI 1.43 | Peers 1.91 | PHI 8.98 | Peers 5.82 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. PHI is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. PHI has a sales growth rate that significantly exceeds its peers. |
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