Valuation Belle Corporation

Equities

Market Closed - Philippines S.E. Other stock markets 11:29:24 2025-06-17 pm EDT			5-day change	1st Jan Change
1.630 ^PHP	+1.88%		-2.98%	-1.81%

Apr. 28	Belle Corporation Reports Earnings Results for the First Quarter Ended March 31, 2025	CI
Mar. 03	Belle Corp Says Cannot Confirm Accuracy Of Possible Exit Of Melco From Philippines	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Capitalization ¹	19,429	16,695	13,180	11,830	11,345	16,096
Change	-	-14.07%	-21.05%	-10.25%	-4.1%	41.88%
Enterprise Value (EV) ¹	22,649	27,798	24,447	21,517	20,740	26,853
Change	-	22.74%	-12.05%	-11.99%	-3.61%	29.48%
P/E ratio	7.25x	16.1x	22.1x	8.25x	5.87x	6.72x
PBR	0.68x	0.6x	0.44x	0.35x	0.31x	0.41x
PEG	-	-0.3x	-0.5x	0x	0.2x	0.3x
Capitalization / Revenue	2.63x	4.1x	3.94x	2.26x	2.07x	2.83x
EV / Revenue	3.07x	6.83x	7.31x	4.12x	3.78x	4.72x
EV / EBITDA	4.45x	14.7x	13.8x	7.49x	6.21x	7.06x
EV / EBIT	5.47x	23.1x	48.4x	9.18x	7.51x	8.66x
EV / FCF	7.57x	-20.6x	27.9x	14.9x	5.49x	12x
FCF Yield	13.2%	-4.86%	3.59%	6.72%	18.2%	8.35%
Dividend per Share ²	0.12	-	-	0.06	-	0.06
Rate of return	6.03%	-	-	4.92%	-	3.61%
EPS ²	0.2745	0.106	0.0611	0.1478	0.1994	0.2472
Distribution rate	43.7%	-	-	40.6%	-	24.3%
Net sales ¹	7,379	4,068	3,345	5,227	5,488	5,691
EBITDA ¹	5,093	1,896	1,770	2,874	3,340	3,806
EBIT ¹	4,139	1,203	505.6	2,345	2,762	3,103
Net income ¹	2,610	1,001	577	1,396	1,884	2,334
Net Debt ¹	3,220	11,103	11,267	9,687	9,395	10,757
Reference price ²	1.990	1.710	1.350	1.220	1.170	1.660
Nbr of stocks (in thousands)	9,763,126	9,763,126	9,763,127	9,696,464	9,696,464	9,696,464
Announcement Date	3/2/20	4/19/21	3/2/22	3/1/23	2/29/24	2/24/25

¹PHP in Million²PHP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BELLE CORPORATION	-	-	-	-	273M
SUN HUNG KAI PROPERTIES LIMITED	11.36x	4.28x	10.46x	4.36%	32.17B
ALPHA DHABI HOLDING	21.92x	1.61x	8.11x	1.32%	31.04B
EMAAR PROPERTIES	7.47x	1.47x	3.13x	8.07%	30.2B
MITSUI FUDOSAN CO., LTD.	15.48x	3.11x	16.14x	2.22%	26.03B
CHINA RESOURCES LAND LIMITED	7.28x	1.18x	6.5x	4.88%	25.57B
DLF LIMITED	58.24x	28.42x	92.42x	0.6%	24.41B
MITSUBISHI ESTATE CO., LTD.	19.39x	4.14x	16.12x	1.58%	23.28B
CHINA OVERSEAS LAND & INVESTMENT LIMITED	8.96x	1.26x	9.58x	3.94%	19.32B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	14.44x	6.51x	19.08x	1.2%	18.71B
Average	18.28x	5.78x	20.17x	3.13%	23.1B
Weighted average by Cap.	18.10x	5.54x	19.25x	3.28%