Philippine Stock Exchange Inc
Philippine Stock Exchange Inc operates in Asset Management & Custody Banks.
Philippine Stock Exchange Inc (PSE) - Net Assets
Latest net assets as of June 2023: ₱5.19 Billion PHP
Based on the latest financial reports, Philippine Stock Exchange Inc (PSE) has net assets worth ₱5.19 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 (₱6.91 Billion) and total liabilities (₱1.72 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 | ₱5.19 Billion |
| % of Total Assets | 75.09% |
| Annual Growth Rate | 8.97% |
| 5-Year Change | -10.52% |
| 10-Year Change | N/A |
| Growth Volatility | 29.88 |
Philippine Stock Exchange Inc - Net Assets Trend (2014–2022)
This chart illustrates how Philippine Stock Exchange 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 Philippine Stock Exchange Inc (2014–2022)
The table below shows the annual net assets of Philippine Stock Exchange Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱5.55 Billion | -3.23% |
| 2021-12-31 | ₱5.74 Billion | +5.06% |
| 2020-12-31 | ₱5.46 Billion | +13.36% |
| 2019-12-31 | ₱4.82 Billion | -22.37% |
| 2018-12-31 | ₱6.21 Billion | +86.31% |
| 2017-12-31 | ₱3.33 Billion | +10.48% |
| 2016-12-31 | ₱3.02 Billion | +7.38% |
| 2015-12-31 | ₱2.81 Billion | +0.51% |
| 2014-12-31 | ₱2.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Philippine Stock Exchange 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 29.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱2.25 Billion | 40.45% |
| Common Stock | ₱85.15 Million | 1.53% |
| Other Components | ₱3.22 Billion | 58.02% |
| Total Equity | ₱5.55 Billion | 100.00% |
Philippine Stock Exchange Inc Competitors by Market Cap
The table below lists competitors of Philippine Stock Exchange Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIYK39
SA:BIYK39
|
$32.95K |
|
Syngen Biotech Co.,Ltd.
TWO:8279
|
$32.97K |
|
ATA
WAR:ATA
|
$33.04K |
|
LSL Property Services Plc
LSE:LSL
|
$33.06K |
|
Hyperion Global Growth Companies Fund (Managed Fund)
AU:HYGG
|
$32.91K |
|
KINGFISHER - Dusseldorf Stock Exchang
DU:KFI1
|
$32.89K |
|
Kubota S.A.
WAR:KUB
|
$32.88K |
|
Husteel Co. Ltd.
KQ:005010
|
$32.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Philippine Stock Exchange Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 5,739,290,560 to 5,554,076,860, a change of -185,213,700 (-3.2%).
- Net income of 744,214,390 contributed positively to equity growth.
- Dividend payments of 901,624,860 reduced retained earnings.
- Share repurchases of 17,664,050 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱744.21 Million | +13.4% |
| Dividends Paid | ₱901.62 Million | -16.23% |
| Share Repurchases | ₱17.66 Million | -0.32% |
| Other Changes | ₱-10.14 Million | -0.18% |
| Total Change | ₱- | -3.23% |
Book Value vs Market Value Analysis
This analysis compares Philippine Stock Exchange 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: 2.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.94x to 2.98x 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 | ₱41.10 | ₱203.00 | x |
| 2017-12-31 | ₱45.40 | ₱203.00 | x |
| 2018-12-31 | ₱73.11 | ₱203.00 | x |
| 2019-12-31 | ₱58.95 | ₱203.00 | x |
| 2020-12-31 | ₱67.03 | ₱203.00 | x |
| 2021-12-31 | ₱70.35 | ₱203.00 | x |
| 2022-12-31 | ₱68.03 | ₱203.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Philippine Stock Exchange 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): 13.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.42%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.27x
- Recent ROE (13.40%) is below the historical average (18.98%), 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 | 31.05% | 57.08% | 0.48x | 1.12x | ₱588.11 Million |
| 2015 | 24.31% | 56.24% | 0.39x | 1.11x | ₱401.95 Million |
| 2016 | 23.26% | 55.53% | 0.37x | 1.14x | ₱399.96 Million |
| 2017 | 24.85% | 67.57% | 0.33x | 1.11x | ₱494.91 Million |
| 2018 | 11.71% | 45.55% | 0.24x | 1.07x | ₱106.37 Million |
| 2019 | 14.10% | 52.62% | 0.21x | 1.31x | ₱197.38 Million |
| 2020 | 12.08% | 50.20% | 0.19x | 1.25x | ₱113.51 Million |
| 2021 | 16.08% | 56.07% | 0.22x | 1.30x | ₱349.21 Million |
| 2022 | 13.40% | 48.42% | 0.22x | 1.27x | ₱188.81 Million |
Industry Comparison
This section compares Philippine Stock Exchange Inc's net assets metrics with peer companies in the Investment Banking & Investment Services industry.
Industry Context
- Industry: Investment Banking & Investment Services
- Average net assets among peers: $3,781,916,108
- Average return on equity (ROE) among peers: 0.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Philippine Stock Exchange Inc (PSE) | ₱5.19 Billion | 31.05% | 0.33x | $32.93K |
| Abacore Capital Holdings Inc (ABA) | $16.32 Billion | 12.40% | 0.20x | $57.17 |
| Asiabest Group International Inc (ABG) | $258.08 Million | -1.75% | 0.00x | $3.34K |
| Bright Kindle Resources & Investments Inc (BKR) | $1.03 Billion | -0.26% | 1.80x | $103.55 |
| First Abacus Financial Holdings Corp (FAF) | $2.25 Billion | -0.16% | 1.69x | $103.61 |
| Medco Holdings Inc (MED) | $34.03 Million | -16.09% | 0.32x | $15.52 |
| Prime Media Holdings Inc (PRIM) | $-140.72 Million | 0.00% | 0.00x | $142.13 |
| Republic Glass Holdings Corp (REG) | $1.59 Billion | 1.40% | 0.08x | $474.65 |
| Vantage Equities Inc (V) | $8.92 Billion | 11.72% | 0.42x | $152.32 |