Financials Philippine Bank of Communications

Equities

PBC

PHY690211636

Banks

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14.3 PHP 0.00% Intraday chart for Philippine Bank of Communications -18.10% +1.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 9,709 9,853 10,118 8,555 6,210 6,787
Enterprise Value (EV) 1 24,511 17,746 5,708 9,746 11,490 14,122
P/E ratio 15.5 x 8.51 x 8.66 x 5.44 x 3.81 x 3.58 x
Yield - - - - - -
Capitalization / Revenue 2.34 x 2.11 x 2.26 x 1.8 x 1.18 x 1.13 x
EV / Revenue 5.92 x 3.8 x 1.27 x 2.05 x 2.18 x 2.36 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.94 x 0.87 x 0.81 x 0.6 x 0.4 x 0.38 x
Nbr of stocks (in thousands) 480,645 480,645 480,645 480,645 480,645 480,645
Reference price 2 20.20 20.50 21.05 17.80 12.92 14.12
Announcement Date 4/16/19 5/19/20 5/18/21 4/29/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,142 4,671 4,479 4,762 5,275 5,985
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 854 1,588 1,399 1,830 2,157 2,541
Net income 1 626.2 1,157 1,169 1,573 1,632 1,898
Net margin 15.12% 24.78% 26.1% 33.03% 30.93% 31.7%
EPS 2 1.300 2.408 2.430 3.270 3.390 3.948
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/16/19 5/19/20 5/18/21 4/29/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 14,802 7,893 - 1,190 5,280 7,335
Net Cash position 1 - - 4,410 - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 6.18% 12.8% 9.79% 11.8% 11% 11.4%
ROA (Net income/ Total Assets) 0.63% 1.34% 1.15% 1.49% 1.39% 1.39%
Assets 1 99,402 86,227 101,990 105,236 117,059 136,183
Book Value Per Share 2 21.50 23.60 26.10 29.50 32.40 36.70
Cash Flow per Share 2 4.080 7.850 12.70 8.710 5.260 5.290
Capex 1 123 87.1 49.4 196 52.1 72.3
Capex / Sales 2.97% 1.87% 1.1% 4.11% 0.99% 1.21%
Announcement Date 4/16/19 5/19/20 5/18/21 4/29/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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