PLDT Inc
PLDT Inc operates in Integrated Telecommunication Services.
PLDT Inc (TEL) - Net Assets
Latest net assets as of September 2023: ₱112.14 Billion PHP
Based on the latest financial reports, PLDT Inc (TEL) has net assets worth ₱112.14 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 (₱632.71 Billion) and total liabilities (₱520.57 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 | ₱112.14 Billion |
| % of Total Assets | 17.72% |
| Annual Growth Rate | -0.63% |
| 5-Year Change | -3.23% |
| 10-Year Change | N/A |
| Growth Volatility | 5.89 |
PLDT Inc - Net Assets Trend (2015–2022)
This chart illustrates how PLDT 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 PLDT Inc (2015–2022)
The table below shows the annual net assets of PLDT Inc from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱108.73 Billion | -11.76% |
| 2021-12-31 | ₱123.22 Billion | +6.77% |
| 2020-12-31 | ₱115.41 Billion | +3.05% |
| 2019-12-31 | ₱111.99 Billion | -0.33% |
| 2018-12-31 | ₱112.36 Billion | +5.16% |
| 2017-12-31 | ₱106.84 Billion | -1.23% |
| 2016-12-31 | ₱108.17 Billion | -4.78% |
| 2015-12-31 | ₱113.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PLDT 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 203.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱18.80 Billion | 17.29% |
| Common Stock | ₱1.09 Billion | 1.01% |
| Other Components | ₱88.83 Billion | 81.70% |
| Total Equity | ₱108.73 Billion | 100.00% |
PLDT Inc Competitors by Market Cap
The table below lists competitors of PLDT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMERYS (IY4.SG)
STU:IY4
|
$207.59K |
|
Monitor Ventures Inc
OTCGREY:AVCVF
|
$207.65K |
|
Samjung Pulp Co. Ltd.
KQ:009770
|
$207.79K |
|
Welsbach Technology Metals Acquisition Corp. one right to receive 1/10th of a share of common stock
NASDAQ:WTMAR
|
$207.81K |
|
Yowie Group Limited
OTCGREY:YWGRF
|
$207.26K |
|
OKUMURA CORP
BE:OKA
|
$207.22K |
|
TRANSCOSMOS
BE:TSQ
|
$207.10K |
|
Atoro Capital Corp
V:TTO-H
|
$206.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PLDT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 123,216,000,000 to 108,727,000,000, a change of -14,489,000,000 (-11.8%).
- Net income of 10,485,000,000 contributed positively to equity growth.
- Dividend payments of 25,471,000,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱10.48 Billion | +9.64% |
| Dividends Paid | ₱25.47 Billion | -23.43% |
| Other Changes | ₱497.00 Million | +0.46% |
| Total Change | ₱- | -11.76% |
Book Value vs Market Value Analysis
This analysis compares PLDT 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: 2.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱500.81 | ₱1295.00 | x |
| 2017-12-31 | ₱494.64 | ₱1295.00 | x |
| 2018-12-31 | ₱520.18 | ₱1295.00 | x |
| 2019-12-31 | ₱518.46 | ₱1295.00 | x |
| 2020-12-31 | ₱534.30 | ₱1295.00 | x |
| 2021-12-31 | ₱570.44 | ₱1295.00 | x |
| 2022-12-31 | ₱503.37 | ₱1295.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PLDT 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): 9.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.11%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 5.74x
- Recent ROE (9.64%) is below the historical average (17.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 19.42% | 12.90% | 0.38x | 4.01x | ₱10.70 Billion |
| 2016 | 18.49% | 12.11% | 0.35x | 4.39x | ₱9.19 Billion |
| 2017 | 12.51% | 8.36% | 0.35x | 4.30x | ₱2.69 Billion |
| 2018 | 16.84% | 11.48% | 0.34x | 4.30x | ₱7.68 Billion |
| 2019 | 20.11% | 13.31% | 0.32x | 4.69x | ₱11.32 Billion |
| 2020 | 21.04% | 13.42% | 0.31x | 4.99x | ₱12.74 Billion |
| 2021 | 21.40% | 13.64% | 0.31x | 5.08x | ₱14.05 Billion |
| 2022 | 9.64% | 5.11% | 0.33x | 5.74x | ₱-387.70 Million |
Industry Comparison
This section compares PLDT Inc's net assets metrics with peer companies in the Telecommunications Services industry.
Industry Context
- Industry: Telecommunications Services
- Average net assets among peers: $28,946,950,964
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PLDT Inc (TEL) | ₱112.14 Billion | 19.42% | 4.64x | $207.41K |
| Converge Information & Communications Technology Solutions Inc (CNVRG) | $27.77 Billion | 12.20% | 1.04x | $2.16K |
| Dito CME Holdings Corp (DITO) | $2.18 Billion | -0.61% | 0.00x | $93.19 |
| Easycall Communications Philippines Inc (ECP) | $131.13 Million | 5.93% | 0.22x | $417.26 |
| Globe Telecom Inc (GLO) | $114.10 Billion | 20.73% | 3.02x | $270.95K |
| Transpacific Broadband Group International Inc (TBGI) | $546.44 Million | 0.13% | 0.09x | $18.89 |