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Last $58.00 PHP
Change Today 0.00 / 0.00%
Volume 2.9M
AEV On Other Exchanges
Symbol
Exchange
Philippines
OTC US
As of 3:26 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

aboitiz equity ventures inc (AEV) Snapshot

Open
$58.40
Previous Close
$58.00
Day High
$58.40
Day Low
$57.80
52 Week High
03/30/15 - $59.20
52 Week Low
12/18/14 - $48.10
Market Cap
321.5B
Average Volume 10 Days
1.4M
EPS TTM
$3.32
Shares Outstanding
5.5B
EX-Date
03/19/15
P/E TM
17.5x
Dividend
$1.11
Dividend Yield
1.91%
Current Stock Chart for ABOITIZ EQUITY VENTURES INC (AEV)

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aboitiz equity ventures inc (AEV) Details

Aboitiz Equity Ventures, Inc., through its subsidiaries, engages in the power generation and distribution; banking and financial services; food manufacturing; real estate; and investment businesses in the Philippines. Its Power segment is involved in the generation, distribution, and retail of electricity through hydro, geothermal, coal-fired, thermal, and wind power plants; and ownership and operation of power distribution utilities. The company’s Food Manufacturing segment engages in the manufacture and sale of wheat flour and its by-products; and produces animal feed and breeds swine. Its Financial Services segment provides various banking products and services, such as deposit and related services; corporate and middle market lending; consumer finance loans, including mortgage, auto loans, and credit cards; and investment, treasury, capital market, trust and fund management, remittance, cash management, and electronic banking services. The company’s Real Estate segment engages in the leasing of commercial and office buildings; design and development of distinct communities for residential, industrial, and commercial use; property management activities; ownership and operation of an industrial park; and distribution of water. It also produces liquid bio-methane fuel from organic wastes, as well as provides corporate aircraft and support services. The company was formerly known as Cebu Pan Asian Holdings, Inc. and changed its name to Aboitiz Equity Ventures, Inc. in December 1993. Aboitiz Equity Ventures, Inc. was incorporated in 1989 and is headquartered in Taguig City, the Philippines. Aboitiz Equity Ventures, Inc. is a subsidiary of Aboitiz & Company, Inc.

Founded in 1989

aboitiz equity ventures inc (AEV) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

aboitiz equity ventures inc (AEV) Key Developments

Aboitiz Equity Ventures Inc. Reports Earnings Results for the Full Year Ended December 31, 2014; Proposes to Amend By-Laws

Aboitiz Equity Ventures Inc. reported earnings results for the full year ended December 31, 2014. For the period, the company reported revenue was PHP 109,867 million against PHP 90,876 million last year. Operating profit was PHP 24,546 million against PHP 21,223 million last year. Income before income tax was PHP 27,591 million against PHP 27,095 million last year. Net income before non-controlling interests was PHP 23,565 million against PHP 26,208 million last year. EBITDA was PHP 38,356 million against PHP 36,492 million last year. Book value per share was PHP 19.49 against PHP 17.55 at December 31, 2013. Return on equity was 20.4% against 25.3% last year. Net cash flows from operating activities was PHP 27,104.5 million against PHP 25,343.7 million last year. Operating profit increased, as the PHP 18.99 billion increase in revenues surpassed the PHP 15.67 billion rise in costs and expenses. This increase was mainly attributed to the performance of power and real estate groups and the full contribution of Visayan Electric and Company Inc. (VECO) which was consolidated towards the end of the second quarter of 2013. The company announced that an AGM will be held on May 18, 2015, to consider renewal of the delegated authority to the board of directors to amend or repeal the company's By-Laws or Adopt New By-Laws.

San Miguel Is Interested Malampaya Deep Water Project

San Miguel Corporation (PSE:SMC) seems to be the lone player in the field strongly interested in the possibility of owning and operating the Malampaya deep water gas-to-power project should the government decide to place it on the auction block. Aboitiz Equity Ventures Inc. (PSE:AEV), AC Infrastructure Holdings Corporation, Metro Pacific Investments Corporation (PSE:MPI) (MPIC), and DMCI Holdings, Inc. (PSE:DMC) dismissed a possible clash with SMC for the country’s largest producing gas field located in offshore northwest Palawan. “Difficult to determine our interest if we don’t know what is being offered and the terms of the offer. I have not heard anything from Shell,” said Luis Miguel Aboitiz, Senior Vice President of Aboitiz Power Corp. (PSE:AP), AEV’s energy unit. John Eric Francia, President and Chief Executive Officer of AC Infrastructure, said the project “is still too far down the road” which is why the country’s oldest conglomerate has not put much attention to it yet. MPIC Chairman Manuel V. Pangilinan said details and what would eventually be offered in the project is still a blur so the project at the moment is not in his group’s radar.

Aboitiz Equity Ventures Mulls Acquisitions

Aboitiz Equity Ventures Inc. (PSE:AEV) is preparing to tap the debt market in the second half of the year to raise as much as PHP 25 billion for investments and acquisitions. AEV said it intends to use the proceeds of the debt sale to finance planned acquisitions, future investments and other general corporate requirements.

 

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Industry Average

Valuation AEV Industry Range
Price/Earnings 17.7x
Price/Sales 3.0x
Price/Book 3.0x
Price/Cash Flow 17.7x
TEV/Sales 1.2x
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