Ayala Land Inc
Ayala Land, Inc. operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Other segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developme… Read more
Ayala Land Inc (AYAAF) - Net Assets
Latest net assets as of December 2025: $385.77 Billion USD
Based on the latest financial reports, Ayala Land Inc (AYAAF) has net assets worth $385.77 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($996.07 Billion) and total liabilities ($610.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $385.77 Billion |
| % of Total Assets | 38.73% |
| Annual Growth Rate | 11.3% |
| 5-Year Change | 42.61% |
| 10-Year Change | 123.4% |
| Growth Volatility | 5.64 |
Ayala Land Inc - Net Assets Trend (2005–2025)
This chart illustrates how Ayala Land Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ayala Land Inc (2005–2025)
The table below shows the annual net assets of Ayala Land Inc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $385.77 Billion | +7.61% |
| 2024-12-31 | $358.50 Billion | +12.05% |
| 2023-12-31 | $319.93 Billion | +8.94% |
| 2022-12-31 | $293.66 Billion | +8.56% |
| 2021-12-31 | $270.50 Billion | +3.97% |
| 2020-12-31 | $260.18 Billion | +7.20% |
| 2019-12-31 | $242.71 Billion | +10.21% |
| 2018-12-31 | $220.22 Billion | +14.54% |
| 2017-12-31 | $192.26 Billion | +11.34% |
| 2016-12-31 | $172.68 Billion | +15.26% |
| 2015-12-31 | $149.83 Billion | +22.81% |
| 2014-12-31 | $122.00 Billion | +8.83% |
| 2013-12-31 | $112.10 Billion | +17.33% |
| 2012-12-31 | $95.54 Billion | +25.74% |
| 2011-12-31 | $75.98 Billion | +17.17% |
| 2010-12-31 | $64.84 Billion | +9.54% |
| 2009-12-31 | $59.19 Billion | +7.28% |
| 2008-12-31 | $55.18 Billion | +8.74% |
| 2007-12-31 | $50.75 Billion | +7.55% |
| 2006-12-31 | $47.18 Billion | +4.07% |
| 2005-12-31 | $45.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ayala Land Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 856.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $228.99 Billion | 70.31% |
| Common Stock | $16.66 Billion | 5.11% |
| Other Comprehensive Income | $36.10 Billion | 11.08% |
| Other Components | $43.96 Billion | 13.50% |
| Total Equity | $325.70 Billion | 100.00% |
Ayala Land Inc Competitors by Market Cap
The table below lists competitors of Ayala Land Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Treasury Wine Estates Ltd PK
PINK:TSRYY
|
$3.06 Billion |
|
Bread Financial Holdings, Inc.
NYSE:BFH
|
$3.06 Billion |
|
COSCO SHIPPING Ports Limited
PINK:CSPKY
|
$3.06 Billion |
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
$3.06 Billion |
|
LS Corp
KO:006260
|
$3.06 Billion |
|
LB Group Co Ltd
SHE:002601
|
$3.06 Billion |
|
Ningbo Shanshan Co Ltd
SHG:600884
|
$3.05 Billion |
|
Yonyou Network Technology Co Ltd
SHG:600588
|
$3.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ayala Land Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 299,395,763,000 to 325,700,851,000, a change of 26,305,088,000 (8.8%).
- Net income of 38,992,145,000 contributed positively to equity growth.
- Dividend payments of 8,481,639,000 reduced retained earnings.
- Share repurchases of 9,950,861,000 reduced equity.
- Other comprehensive income increased equity by 31,784,118,000.
- Other factors decreased equity by 26,038,675,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.99 Billion | +11.97% |
| Dividends Paid | $8.48 Billion | -2.6% |
| Share Repurchases | $9.95 Billion | -3.06% |
| Other Comprehensive Income | $31.78 Billion | +9.76% |
| Other Changes | $-26.04 Billion | -7.99% |
| Total Change | $- | 8.79% |
Book Value vs Market Value Analysis
This analysis compares Ayala Land Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.16x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $2.96 | $0.48 | x |
| 2006-12-31 | $3.11 | $0.48 | x |
| 2007-12-31 | $3.47 | $0.48 | x |
| 2008-12-31 | $3.76 | $0.48 | x |
| 2009-12-31 | $4.03 | $0.48 | x |
| 2010-12-31 | $4.36 | $0.48 | x |
| 2011-12-31 | $4.81 | $0.48 | x |
| 2012-12-31 | $6.08 | $0.48 | x |
| 2013-12-31 | $6.96 | $0.48 | x |
| 2014-12-31 | $7.59 | $0.48 | x |
| 2015-12-31 | $9.10 | $0.48 | x |
| 2016-12-31 | $10.12 | $0.48 | x |
| 2017-12-31 | $11.28 | $0.48 | x |
| 2018-12-31 | $12.71 | $0.48 | x |
| 2019-12-31 | $14.31 | $0.48 | x |
| 2020-12-31 | $15.11 | $0.48 | x |
| 2021-12-31 | $15.80 | $0.48 | x |
| 2022-12-31 | $17.27 | $0.48 | x |
| 2023-12-31 | $18.28 | $0.48 | x |
| 2024-12-31 | $20.20 | $0.48 | x |
| 2025-12-31 | $22.14 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ayala Land Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.28%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 3.06x
- Recent ROE (11.97%) is above the historical average (10.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.41% | 21.04% | 0.24x | 1.87x | $-228.09 Million |
| 2006 | 9.52% | 16.38% | 0.30x | 1.93x | $-194.13 Million |
| 2007 | 9.60% | 19.20% | 0.28x | 1.82x | $-184.16 Million |
| 2008 | 9.82% | 15.72% | 0.30x | 2.05x | $-90.42 Million |
| 2009 | 7.71% | 14.56% | 0.26x | 2.06x | $-1.20 Billion |
| 2010 | 9.60% | 15.41% | 0.29x | 2.14x | $-227.58 Million |
| 2011 | 11.45% | 15.92% | 0.27x | 2.67x | $904.61 Million |
| 2012 | 11.02% | 16.52% | 0.22x | 3.10x | $839.01 Million |
| 2013 | 11.92% | 15.38% | 0.23x | 3.31x | $1.89 Billion |
| 2014 | 13.84% | 16.63% | 0.23x | 3.64x | $4.11 Billion |
| 2015 | 13.18% | 16.66% | 0.24x | 3.31x | $4.26 Billion |
| 2016 | 14.16% | 17.76% | 0.22x | 3.63x | $6.14 Billion |
| 2017 | 15.17% | 18.27% | 0.24x | 3.44x | $8.63 Billion |
| 2018 | 15.61% | 17.94% | 0.24x | 3.57x | $10.51 Billion |
| 2019 | 15.73% | 20.02% | 0.23x | 3.38x | $12.08 Billion |
| 2020 | 3.92% | 9.23% | 0.13x | 3.24x | $-13.53 Billion |
| 2021 | 5.26% | 11.88% | 0.14x | 3.20x | $-11.03 Billion |
| 2022 | 7.29% | 15.13% | 0.16x | 3.05x | $-6.91 Billion |
| 2023 | 8.95% | 16.46% | 0.18x | 3.09x | $-2.88 Billion |
| 2024 | 9.43% | 15.99% | 0.19x | 3.07x | $-1.71 Billion |
| 2025 | 11.97% | 22.28% | 0.18x | 3.06x | $6.42 Billion |
Industry Comparison
This section compares Ayala Land Inc's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $4,037,154,531
- Average return on equity (ROE) among peers: -21.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ayala Land Inc (AYAAF) | $385.77 Billion | 9.41% | 1.58x | $3.06 Billion |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |