FILINVEST REIT CORP. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.9 PHP | +1.75% |
|
+2.11% | +12.40% |
| Mar. 06 | Filinvest REIT Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Feb. 27 | Filinvest REIT Corp. Declares First Quarterly Cash Dividend, Payable on March 26, 2024 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 36,207 | 26,910 | 12,623 | 14,189 | - | - |
| Enterprise Value (EV) 1 | 39,606 | 26,910 | 12,623 | 18,833 | 17,479 | 18,867 |
| P/E ratio | 14 x | 20.4 x | 7.17 x | 10 x | 9.97 x | 9.06 x |
| Yield | 4.54% | - | - | 10% | 11% | 11% |
| Capitalization / Revenue | 10.5 x | 8.31 x | 4.22 x | 4.52 x | 4.09 x | 4.16 x |
| EV / Revenue | 11.5 x | 8.31 x | 4.22 x | 6 x | 5.03 x | 5.53 x |
| EV / EBITDA | 17.4 x | 13.4 x | - | 8.74 x | 7.94 x | - |
| EV / FCF | 18,771,998 x | - | - | - | - | - |
| FCF Yield | 0% | - | - | - | - | - |
| Price to Book | 6.05 x | - | - | 2.5 x | 2.41 x | - |
| Nbr of stocks (in thousands) | 4,892,778 | 4,892,778 | 4,892,778 | 4,892,778 | - | - |
| Reference price 2 | 7.400 | 5.500 | 2.580 | 2.900 | 2.900 | 2.900 |
| Announcement Date | 3/25/22 | 3/22/23 | 3/6/24 | - | - | - |
1PHP in Million2PHP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 3,442 | 3,240 | 2,990 | 3,141 | 3,472 | 3,411 |
| EBITDA 1 | - | 2,281 | 2,012 | - | 2,156 | 2,201 | - |
| EBIT 1 | - | 1,854 | 1,599 | - | 1,700 | 1,744 | - |
| Operating Margin | - | 53.85% | 49.35% | - | 54.11% | 50.21% | - |
| Earnings before Tax (EBT) 1 | - | 1,703 | 1,305 | 1,745 | 1,431 | 1,518 | 1,571 |
| Net income 1 | 1,861 | 1,855 | 1,305 | 1,745 | 1,431 | 1,518 | 1,571 |
| Net margin | - | 53.9% | 40.29% | 58.36% | 45.56% | 43.72% | 46.05% |
| EPS 2 | 0.8000 | 0.5300 | 0.2700 | 0.3600 | 0.2900 | 0.2909 | 0.3200 |
| Free Cash Flow | - | 2,110 | - | - | - | - | - |
| FCF margin | - | 61.3% | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | 92.49% | - | - | - | - | - |
| FCF Conversion (Net income) | - | 113.73% | - | - | - | - | - |
| Dividend per Share 2 | - | 0.3360 | - | - | 0.2900 | 0.3201 | 0.3200 |
| Announcement Date | 10/13/21 | 3/25/22 | 3/22/23 | 3/6/24 | - | - | - |
1PHP in Million2PHP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 864.5 | 616.3 | 823.4 | 817.7 | 822.2 | 776.3 | - | 780.9 | 640.4 | 767.5 | - | - | - | - | - |
| EBITDA | 567.9 | 382.7 | 553.4 | 519.5 | 481.8 | 420.1 | - | 443.3 | 352.5 | - | - | - | - | - | - |
| EBIT | 466.8 | 288.7 | 454 | 403.2 | 420.2 | 321.3 | - | 340.5 | 250.7 | - | - | - | - | - | - |
| Operating Margin | 53.99% | 46.84% | 55.14% | 49.31% | 51.1% | 41.39% | - | 43.61% | 39.15% | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | 304.1 | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.2800 | -0.0800 | 0.0800 | 0.0700 | 0.0700 | 0.0600 | 0.0600 | 0.0500 | 0.0300 | 0.2100 | - | - | - | - | - |
| Dividend per Share 1 | 0.1120 | 0.1120 | 0.1160 | 0.0880 | 0.0880 | - | - | 0.0710 | 0.0710 | - | 0.0800 | 0.0800 | 0.0800 | 0.0800 | 0.0826 |
| Announcement Date | 11/17/21 | 3/25/22 | 5/16/22 | 8/12/22 | 11/14/22 | 3/22/23 | 5/16/23 | 8/15/23 | 11/13/23 | 3/6/24 | - | - | - | - | - |
1PHP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 3,400 | - | - | 4,644 | 3,290 | 4,678 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.49 x | - | - | 2.154 x | 1.495 x | - |
| Free Cash Flow | - | 2,110 | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | 33.5% | - | - | 3.5% | 13.4% | 3.8% |
| ROA (Net income/ Total Assets) | - | 9.46% | - | - | 2.9% | 3% | 3.1% |
| Assets 1 | - | 19,601 | - | - | 49,348 | 50,610 | 50,668 |
| Book Value Per Share 2 | - | 1.220 | - | - | 1.160 | 1.200 | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 30.2 | - | - | 68.9 | 71 | 73.1 |
| Capex / Sales | - | 0.88% | - | - | 2.19% | 2.04% | 2.14% |
| Announcement Date | 10/13/21 | 3/25/22 | 3/22/23 | 3/6/24 | - | - | - |
1PHP in Million2PHP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
2.9
PHP
Average target price
4.17
PHP
Spread / Average Target
+43.79%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +12.40% | 246M | |
| -11.80% | 9.72B | |
| -2.13% | 6.51B | |
| -8.59% | 4.96B | |
| -8.22% | 4.84B | |
| +10.79% | 4.08B | |
| -15.16% | 3.97B | |
| -3.17% | 4.07B | |
| +10.32% | 3.23B | |
| -16.11% | 3.12B |
- Stock Market
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- Financials Filinvest REIT Corp.
