Lopez Holdings Corp
Lopez Holdings Corp operates in Environmental & Facilities Services.
Lopez Holdings Corp (LPZ) - Net Assets
Latest net assets as of June 2023: ₱83.47 Billion PHP
Based on the latest financial reports, Lopez Holdings Corp (LPZ) has net assets worth ₱83.47 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱445.35 Billion) and total liabilities (₱361.88 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 | ₱83.47 Billion |
| % of Total Assets | 18.74% |
| Annual Growth Rate | 8.09% |
| 5-Year Change | 17.0% |
| 10-Year Change | N/A |
| Growth Volatility | 8.54 |
Lopez Holdings Corp - Net Assets Trend (2014–2022)
This chart illustrates how Lopez Holdings Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lopez Holdings Corp (2014–2022)
The table below shows the annual net assets of Lopez Holdings Corp from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱78.78 Billion | +21.06% |
| 2021-12-31 | ₱65.07 Billion | +1.44% |
| 2020-12-31 | ₱64.15 Billion | -8.35% |
| 2019-12-31 | ₱69.99 Billion | +3.95% |
| 2018-12-31 | ₱67.33 Billion | +11.22% |
| 2017-12-31 | ₱60.54 Billion | +13.37% |
| 2016-12-31 | ₱53.40 Billion | +10.10% |
| 2015-12-31 | ₱48.50 Billion | +14.68% |
| 2014-12-31 | ₱42.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lopez Holdings Corp'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 93.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱74.77 Billion | 94.92% |
| Common Stock | ₱4.63 Billion | 5.88% |
| Total Equity | ₱78.78 Billion | 100.00% |
Lopez Holdings Corp Competitors by Market Cap
The table below lists competitors of Lopez Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colform Group Berhad
KLSE:0341
|
$571.81 |
|
CLYDESTONE (GHANA) LIMITED
GSE:CLYD
|
$571.83 |
|
eChannelling PLC
CM:ECLN0000
|
$571.91 |
|
TMPOS Inc
PINK:TPPM
|
$572.67 |
|
Bisichi Mining PLC
LSE:BISI
|
$571.59 |
|
MyHealthChecked Plc
LSE:MHC
|
$569.81 |
|
Oneiro Energy PLC
LSE:ONE
|
$568.76 |
|
OLYMPIA CAPITAL HOLDINGS LTD
XNAI:OCH
|
$568.31 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lopez Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 65,071,000,000 to 78,776,000,000, a change of 13,705,000,000 (21.1%).
- Net income of 5,439,000,000 contributed positively to equity growth.
- Dividend payments of 227,000,000 reduced retained earnings.
- Share repurchases of 5,770,000,000 reduced equity.
- Other factors increased equity by 14,263,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱5.44 Billion | +6.9% |
| Dividends Paid | ₱227.00 Million | -0.29% |
| Share Repurchases | ₱5.77 Billion | -7.32% |
| Other Changes | ₱14.26 Billion | +18.11% |
| Total Change | ₱- | 21.06% |
Book Value vs Market Value Analysis
This analysis compares Lopez Holdings Corp'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: 0.21x
- 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 0.32x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱11.54 | ₱3.68 | x |
| 2017-12-31 | ₱13.08 | ₱3.68 | x |
| 2018-12-31 | ₱14.61 | ₱3.68 | x |
| 2019-12-31 | ₱15.35 | ₱3.68 | x |
| 2020-12-31 | ₱14.12 | ₱3.68 | x |
| 2021-12-31 | ₱14.33 | ₱3.68 | x |
| 2022-12-31 | ₱17.34 | ₱3.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lopez Holdings Corp 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.19%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 5.44x
- Recent ROE (6.90%) is below the historical average (6.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.89% | 3.74% | 0.30x | 8.01x | ₱-469.10 Million |
| 2015 | 12.76% | 6.30% | 0.27x | 7.39x | ₱1.34 Billion |
| 2016 | 12.28% | 7.13% | 0.25x | 6.86x | ₱1.22 Billion |
| 2017 | 6.98% | 4.03% | 0.27x | 6.41x | ₱-1.83 Billion |
| 2018 | 8.75% | 4.70% | 0.32x | 5.80x | ₱-840.20 Million |
| 2019 | 7.60% | 3.98% | 0.34x | 5.61x | ₱-1.68 Billion |
| 2020 | -4.09% | -2.45% | 0.27x | 6.20x | ₱-9.04 Billion |
| 2021 | 2.36% | 1.23% | 0.31x | 6.17x | ₱-4.97 Billion |
| 2022 | 6.90% | 3.19% | 0.40x | 5.44x | ₱-2.44 Billion |
Industry Comparison
This section compares Lopez Holdings Corp's net assets metrics with peer companies in the Electrical Utilities & IPPs industry.
Industry Context
- Industry: Electrical Utilities & IPPs
- Average net assets among peers: $39,627,110,731
- Average return on equity (ROE) among peers: 11547.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lopez Holdings Corp (LPZ) | ₱83.47 Billion | 8.89% | 4.34x | $571.70 |
| AC Energy Philippines Inc (ACEN) | $7.86 Billion | 11.60% | 1.37x | $387.92 |
| Alsons Consolidated Resources Inc (ACR) | $11.49 Billion | 1.28% | 2.97x | $154.51 |
| Aboitiz Power Corp (AP) | $97.57 Billion | 18.04% | 1.49x | $7.15K |
| First Gen Corp (FGEN) | $1.88 Billion | 7.14% | 1.92x | $2.83K |
| First Philippine Holdings Corp (FPH) | $132.76 Billion | 9.55% | 2.17x | $11.48K |
| Manila Electric Co (MER) | $95.20 Billion | 24.68% | 4.08x | $95.40K |
| Synergy Grid and Development Phils Inc (SGP) | $7.75 Million | 103833.65% | 0.06x | $3.04K |
| SPC Power Corp (SPC) | $9.88 Billion | 18.77% | 0.11x | $1.73K |
| Solar Philippines Nueva Ecija Corp (SPNEC) | $-986.94K | 0.00% | 0.00x | $207.05 |