LT Group Inc
LT Group Inc operates in Consumer Finance.
LT Group Inc (LTG) - Net Assets
Latest net assets as of September 2023: ₱209.28 Billion PHP
Based on the latest financial reports, LT Group Inc (LTG) has net assets worth ₱209.28 Billion PHP as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱1.30 Trillion) and total liabilities (₱1.09 Trillion). 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 | ₱209.28 Billion |
| % of Total Assets | 16.1% |
| Annual Growth Rate | 6.39% |
| 5-Year Change | 14.96% |
| 10-Year Change | N/A |
| Growth Volatility | 5.14 |
LT Group Inc - Net Assets Trend (2015–2022)
This chart illustrates how LT Group 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 LT Group Inc (2015–2022)
The table below shows the annual net assets of LT Group Inc from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱198.84 Billion | +4.62% |
| 2021-12-31 | ₱190.07 Billion | +2.51% |
| 2020-12-31 | ₱185.41 Billion | -0.81% |
| 2019-12-31 | ₱186.92 Billion | +8.07% |
| 2018-12-31 | ₱172.97 Billion | +16.62% |
| 2017-12-31 | ₱148.31 Billion | +8.98% |
| 2016-12-31 | ₱136.10 Billion | +5.60% |
| 2015-12-31 | ₱128.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LT Group 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 143.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱145.72 Billion | 73.29% |
| Common Stock | ₱10.82 Billion | 5.44% |
| Other Components | ₱42.30 Billion | 21.27% |
| Total Equity | ₱198.84 Billion | 100.00% |
LT Group Inc Competitors by Market Cap
The table below lists competitors of LT Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MARATHON INVEST
TA:MARA
|
$2.38K |
|
Aquila Energy Efficiency Trust PLC
LSE:AEET
|
$2.38K |
|
Profit Planners Management Inc
PINK:PPMT
|
$2.38K |
|
GEOX - Dusseldorf Stock Exchang
DU:GHH
|
$2.38K |
|
NEXCOM A/S DK -50
F:8XT
|
$2.37K |
|
BANK MANDIRI
MU:PQ9
|
$2.37K |
|
Hydro Power Technologies Inc
PINK:PYBX
|
$2.37K |
|
Hapugastenne Plantations PLC
CM:HAPUN0000
|
$2.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LT Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 190,071,408,000 to 198,844,859,000, a change of 8,773,451,000 (4.6%).
- Net income of 25,137,400,000 contributed positively to equity growth.
- Dividend payments of 15,149,944,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱25.14 Billion | +12.64% |
| Dividends Paid | ₱15.15 Billion | -7.62% |
| Other Changes | ₱-1.21 Billion | -0.61% |
| Total Change | ₱- | 4.62% |
Book Value vs Market Value Analysis
This analysis compares LT Group 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: 0.78x
- 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 1.14x to 0.78x 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 | ₱12.58 | ₱14.30 | x |
| 2017-12-31 | ₱13.71 | ₱14.30 | x |
| 2018-12-31 | ₱15.98 | ₱14.30 | x |
| 2019-12-31 | ₱17.27 | ₱14.30 | x |
| 2020-12-31 | ₱17.13 | ₱14.30 | x |
| 2021-12-31 | ₱17.56 | ₱14.30 | x |
| 2022-12-31 | ₱18.38 | ₱14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LT Group 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): 12.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.92%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 6.38x
- Recent ROE (12.64%) is above the historical average (9.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.12% | 12.82% | 0.07x | 5.82x | ₱-6.29 Billion |
| 2016 | 6.90% | 16.25% | 0.07x | 6.09x | ₱-4.22 Billion |
| 2017 | 7.30% | 16.98% | 0.07x | 6.18x | ₱-4.00 Billion |
| 2018 | 9.36% | 21.41% | 0.07x | 6.35x | ₱-1.10 Billion |
| 2019 | 12.37% | 24.53% | 0.07x | 6.77x | ₱4.43 Billion |
| 2020 | 11.34% | 22.26% | 0.07x | 7.30x | ₱2.48 Billion |
| 2021 | 10.65% | 22.21% | 0.07x | 6.90x | ₱1.24 Billion |
| 2022 | 12.64% | 24.92% | 0.08x | 6.38x | ₱5.25 Billion |
Industry Comparison
This section compares LT Group Inc's net assets metrics with peer companies in the Banking Services industry.
Industry Context
- Industry: Banking Services
- Average net assets among peers: $112,525,901,732
- Average return on equity (ROE) among peers: 8.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LT Group Inc (LTG) | ₱209.28 Billion | 5.12% | 5.21x | $2.38K |
| Asia United Bank Corp (AUB) | $35.08 Billion | 8.62% | 7.99x | $6.66K |
| BDO Unibank Inc (BDO) | $216.82 Billion | 12.10% | 9.72x | $18.87K |
| Bank of the Philippine Islands (BPI) | $279.83 Billion | 7.65% | 6.98x | $15.96K |
| Filinvest Development Coproration (FDC) | $79.40 Billion | 8.33% | 5.71x | $717.41 |
| Ferronoux Holdings Inc (FERRO) | $131.11 Million | 0.39% | 0.04x | $881.03 |
| Metropolitan Bank & Trust Co (MBT) | $150.13 Billion | 13.40% | 9.69x | $10.49K |
| Philippine National Bank (PNB) | $152.09 Billion | 6.37% | 6.51x | $9.06K |
| Philippine Savings Bank (PSB) | $37.14 Billion | 9.90% | 6.12x | $9.09K |
| Rizal Commercial Banking Corp (RCB) | $62.11 Billion | 6.23% | 7.39x | $3.88K |