Company Valuation: AyalaLand Logistics Holdings Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 21,257 42,077 18,569 11,066 10,629 8,128
Change - 97.94% -55.87% -40.4% -3.95% -23.53%
Enterprise Value (EV) 1 25,501 47,321 25,985 21,472 20,612 19,325
Change - 85.57% -45.09% -17.37% -4% -6.24%
P/E 31.2x 53.7x 18.4x 17.7x 15.2x 40.6x
PBR 1.82x 3.52x 1.43x 0.81x 0.73x 0.55x
PEG - 3.6x 0.6x -0.5x 1.3x -0.6x
Capitalization / Revenue 5.72x 9.79x 4.41x 3.15x 2.05x 2.17x
EV / Revenue 6.86x 11x 6.17x 6.12x 3.97x 5.15x
EV / EBITDA 23.5x 36.5x 14.6x 15.5x 10.9x 12.1x
EV / EBIT 32.9x 50.1x 18.7x 22.3x 14.3x 18.4x
EV / FCF -26.3x 453x -148x -19x -41.7x -515x
FCF Yield -3.81% 0.22% -0.68% -5.26% -2.4% -0.19%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.1091 0.1254 0.161 0.1 0.1121 0.0321
Distribution rate - - - - - -
Net sales 1 3,717 4,297 4,208 3,510 5,188 3,751
EBITDA 1 1,084 1,296 1,777 1,389 1,898 1,596
EBIT 1 774.8 945.1 1,391 962.4 1,437 1,053
Net income 1 682 784.1 1,007 625.2 700.9 200.4
Net Debt 1 4,244 5,244 7,416 10,405 9,983 11,197
Reference price 2 3.400 6.730 2.970 1.770 1.700 1.300
Nbr of stocks (in thousands) 6,252,148 6,252,148 6,252,148 6,252,148 6,252,148 6,252,148
Announcement Date 3/24/21 3/28/22 3/23/23 3/27/24 3/25/25 3/1/26
1PHP in Million2PHP
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.23x4.79x12.92x3.35% 43.13B
17.99x3.97x15.95x1.36% 28.45B
8.19x1.5x7.92x4.37% 27.25B
5.47x0.65x1.38x9.14% 26.33B
14.13x3.07x14.71x2.55% 25.93B
10.63x2.15x9.15x3.95% 21.38B
7.86x0.87x3.17x2.84% 20.11B
13.18x6.42x16.89x1.65% 19.35B
37.66x13.8x34.28x3.14% 18.25B
Average 14.48x 4.14x 12.93x 3.6% 25.57B
Weighted average by Cap. 14.03x 3.90x 12.41x 3.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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