Vantage Equities Inc
Vantage Equities Inc operates in Asset Management & Custody Banks.
Vantage Equities Inc (V) - Net Assets
Latest net assets as of June 2023: ₱10.62 Billion PHP
Based on the latest financial reports, Vantage Equities Inc (V) has net assets worth ₱10.62 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 (₱11.71 Billion) and total liabilities (₱1.08 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 | ₱10.62 Billion |
| % of Total Assets | 90.77% |
| Annual Growth Rate | 3.33% |
| 5-Year Change | 17.13% |
| 10-Year Change | N/A |
| Growth Volatility | 5.68 |
Vantage Equities Inc - Net Assets Trend (2014–2021)
This chart illustrates how Vantage Equities 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 Vantage Equities Inc (2014–2021)
The table below shows the annual net assets of Vantage Equities Inc from 2014 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ₱10.45 Billion | +4.00% |
| 2020-12-31 | ₱10.05 Billion | +3.88% |
| 2019-12-31 | ₱9.67 Billion | +7.71% |
| 2018-12-31 | ₱8.98 Billion | +0.65% |
| 2017-12-31 | ₱8.92 Billion | +13.25% |
| 2016-12-31 | ₱7.88 Billion | +1.42% |
| 2015-12-31 | ₱7.77 Billion | -6.49% |
| 2014-12-31 | ₱8.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vantage Equities 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 40.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱6.30 Billion | 60.26% |
| Common Stock | ₱4.34 Billion | 41.48% |
| Total Equity | ₱10.45 Billion | 100.00% |
Vantage Equities Inc Competitors by Market Cap
The table below lists competitors of Vantage Equities Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JPMorgan Emerging Markets Ord
LSE:JMG
|
$152.44 |
|
Onward Opportunities Ltd
LSE:ONWD
|
$152.63 |
|
FSRF11F
SA:FSRF11F
|
$153.02 |
|
Ocean Harvest Technology Group PLC
LSE:OHT
|
$153.13 |
|
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P
LSE:NTEA
|
$151.83 |
|
MACKWOODS ENERGY PLC
CM:MELN0000
|
$151.68 |
|
Cemex Holdings Philippines Inc
PSE:CHP
|
$151.52 |
|
FANTASIA HLDGS
BE:FT7
|
$151.14 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vantage Equities Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 10,049,582,570 to 10,451,092,740, a change of 401,510,170 (4.0%).
- Net income of 399,551,540 contributed positively to equity growth.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱399.55 Million | +3.82% |
| Other Changes | ₱1.96 Million | +0.02% |
| Total Change | ₱- | 4.00% |
Book Value vs Market Value Analysis
This analysis compares Vantage Equities 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: 0.40x
- 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 0.53x to 0.40x 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 | ₱1.88 | ₱0.99 | x |
| 2017-12-31 | ₱2.12 | ₱0.99 | x |
| 2018-12-31 | ₱2.14 | ₱0.99 | x |
| 2019-12-31 | ₱2.30 | ₱0.99 | x |
| 2020-12-31 | ₱2.39 | ₱0.99 | x |
| 2021-12-31 | ₱2.49 | ₱0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vantage Equities 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): 3.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.14%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.13x
- Recent ROE (3.82%) is below the historical average (4.96%), 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 | 6.48% | 42.91% | 0.13x | 1.13x | ₱-292.12 Million |
| 2015 | 3.61% | 31.98% | 0.10x | 1.12x | ₱-496.28 Million |
| 2016 | 2.52% | 24.05% | 0.09x | 1.16x | ₱-589.00 Million |
| 2017 | 11.72% | 63.14% | 0.13x | 1.42x | ₱153.66 Million |
| 2018 | 0.59% | 7.87% | 0.07x | 1.11x | ₱-844.74 Million |
| 2019 | 7.24% | 49.92% | 0.13x | 1.13x | ₱-266.96 Million |
| 2020 | 3.68% | 38.18% | 0.09x | 1.11x | ₱-634.75 Million |
| 2021 | 3.82% | 42.14% | 0.08x | 1.13x | ₱-645.56 Million |
Industry Comparison
This section compares Vantage Equities 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: $3,442,511,466
- Average return on equity (ROE) among peers: 0.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vantage Equities Inc (V) | ₱10.62 Billion | 6.48% | 0.10x | $152.32 |
| 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 |
| Philippine Stock Exchange Inc (PSE) | $6.21 Billion | 11.71% | 0.07x | $32.93K |
| Republic Glass Holdings Corp (REG) | $1.59 Billion | 1.40% | 0.08x | $474.65 |