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Philippine Long Distance Telephone Co. - Nikkei Asian Review

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--> </script> <div class="clearfix"> <ul class="base-list-a300 date tab-trg"> <li id="1d">1m</li> <li id="3m" class="select">3m</li> <li id="6m">6m</li> <li id="1y">1y</li> <li id="2y">2y</li> <li id="5y">5y</li> </ul> </div> <table class="tbla300C mb5"> <tr> <th></th> <th class="date-area">May 4, 2016</th> </tr> <tr> <th>Prev close:</th> <td>1,750</td> </tr> </table> <table class="tbla300C mb5"> <tr> <th></th> <th class="date-area">May 4, 2016</th> </tr> <tr> <th>Market cap:<br>Market cap(USD):</th> <td>378,097.61M<br>8,031.38M</td> </tr> <tr> <th>Shares:</th> <td>216.05M</td> </tr> </table> <p class="notes taR">Currency in PHP</p> </div> <div id="a300CL"> <div class="article-box mb20"> <h2 class="titleG">Company profile</h2> <table class="tbla300C tdL"> <tr> <th class="w40">Market(Ticker):</th> <td>PHS(TEL)</td> </tr> <tr> <th>Sector:<br>Industry:</th> <td>Communications<br>Major Telecommunications</td> </tr> <tr> <th>Full time employees:</th> <td>17,176</td> </tr> </table> </div> </div> <div id="a300BS"> <div id="co-textbox-lg2" class="article-box"> <h2 class="titleG">Business summary</h2> <p class="text_overflow-bs">Philippine Long Distance Telephone Co. engages in providing telecommunication services in Philippines through its three principal business groups, fixed line, wireless, and information and communication technology. It operates through the following segments: Wireless, Fixed Line, Business Process Outsourcing and Others. The Wireless segment is consists of cellular through text messaging and wireless broadband. The Fixed Line segment provides fixed line telecommunications services throughout the country, servicing retail, corporate and small medium enterprise, or SME clients. It offers local exchange, international long distance, national long distance, data and other network and miscellaneous services. The Business Process Outsourcing includes process solutions though subsidiaries. The Other business includes investment. The company was founded on November 28, 1928 and is headquartered in Makati City, Philippines.</p> <h2 class="titleG strong02">Company background</h2> <p class="text_overflow-bs">Philippine Long Distance Telephone is the county&#039;s dominant telecommunications carrier. The company commands around 70% of the fixed line segment and about two-thirds of the wireless cellular market via the Smart Communications, Talk &#039;N Text and Sun Cellular brands.<br/> <br/> PLDT also has a minority interest in business process outsourcing company SPI Global. Its business thrust in recent years has been aimed at becoming a multimedia company from a traditional telecommunications services provider. It has moved to increase its media assets in line with this goal.<br/> <br/> Through its trust fund, PLDT now controls two broadsheet newspapers, the Philippine Star and BusinessWorld, and has a minority stake in the Philippine Daily Inquirer. It also owns TV5, the nation&#039;s third-largest broadcaster. In August, the company made a 10% investment in Rocket Internet, a German startup engaged in e-commerce.<br/> <br/> PLDT is majority owned by First Pacific, a Hong Kong-listed company controlled by Indonesia&#039;s Salim Group. It is also backed by Japan&#039;s NTT group, which has an around 22% stake in the company. With 576-billion-peso ($12.8 billion) market capitalization at the end of 2013, PLDT is one of the Philippines&#039; most valuable companies.</p> </div> </div> </div> </div> </div> <div id="a300C2clm" class="two-column"> <div class="article-list"> <h2 class="titleG strong">In the news</h2> <div class="article-box"> <ul> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Business/Philippines-Inc-Duterte-Harry-and-the-men-with-fists-full-of-dollars">Philippines Inc. grows wary of a Duterte presidency</a></h3> <div class="column-layout"> <a href="/web/20160505054315/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Business/Philippines-Inc-Duterte-Harry-and-the-men-with-fists-full-of-dollars"> <img src="/web/20160505054315im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/20160501/20160505-duterte-ayala/4438812-1-eng-GB/20160505-Duterte-Ayala_medium_thumbnail.jpg" width="120" alt=""/> </a> <p>MANILA Rodrigo Duterte, the tough-talking front-runner in the upcoming Philippine presidential election, looked around the gilded chamber in the Manila Peninsula hotel where 400 of the country&#039;s top...</p> <p class="date-area">May 5, 2016 12:00 pm JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Business/Companies/Metro-Pacific-seeks-foreign-partner-for-push-into-logistics">Metro Pacific seeks foreign partner for push into logistics</a></h3> <div class="column-layout"> <p>MANILA -- Metro Pacific Investments on Wednesday said it has ventured into the logistics market and hopes to nurture the business with a partner from outside the Philippines.As an initial investment, ...</p> <p class="date-area">May 4, 2016 10:38 pm JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Business/AC/PLDT-Q1-hit-by-Rocket-Internet-losses">PLDT Q1 hit by Rocket Internet losses</a></h3> <div class="column-layout"> <p>MANILA -- Philippine Long Distance Telephone on Tuesday said net profit plunged 34% to 6.2 billion pesos ($132 million) in the first quarter from a year ago as expenses jumped while service revenues b...</p> <p class="date-area">May 3, 2016 7:54 pm JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Business/AC/Philippines-Inc-Duterte-Harry-and-the-men-with-fists-full-of-dollars">Philippines, Inc. wary of Duterte as next president</a></h3> <div class="column-layout"> <p>MANILA -- Rodrigo Duterte, the tough-talking front-runner in the Philippine presidential election on May 9, looked round the gilded chamber in the Manila Peninsula where 400 of the country&#039;s top busin...</p> <p class="date-area">May 3, 2016 12:45 am JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Duterte-fails-to-calm-nervous-investors">Duterte fails to calm nervous investors</a></h3> <div class="column-layout"> <p>MANILA -- Rodrigo Duterte, the frontrunner in the Philippine presidential election, talked with businessmen about killing criminals and tackling drug problems on Wednesday at an event intended for him...</p> <p class="date-area">April 28, 2016 12:45 pm JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Business/AC/iFlix-Telkom-fuels-streaming-competition-with-Indonesia-entry">iFlix-Telkom fuels streaming competition with Indonesia entry</a></h3> <div class="column-layout"> <p>JAKARTA -- Malaysia-based iFlix on Tuesday said it will launch its online video streaming service in Indonesia by June in partnership with state-owned telecommunication company Telekomunikasi Indonesi...</p> <p class="date-area">April 20, 2016 7:26 pm JST</p> </div> </li> <li> <h3 class="title"><a href="/web/20160505054315/http://asia.nikkei.com/Business/AC/HOOQ-enters-Indonesia-s-busy-online-video-market">HOOQ enters Indonesia&#039;s busy online video market</a></h3> <div class="column-layout"> <p>JAKARTA -- Singapore-based HOOQ launched its video streaming service in Indonesia on Thursday, joining a string of media companies tapping into the country&#039;s fast-growing population of Internet users....</p> <p class="date-area">April 14, 2016 9:56 pm JST</p> </div> </li> </ul> <div class="more"> <a href="/web/20160505054315/http://asia.nikkei.com/search/find?search_keyword=%22Philippine+Long+Distance+Telephone%22&amp;cm=Philippine+Long+Distance+Telephone+Co.&amp;facet_company=000TCJ-E">more news for Philippine Long Distance Telephone Co.</a> </div> </div> </div> <div class="sub-area"> <h2 class="titleG">Financial highlights</h2> <p class="date-area taR">Dec 2015</p> <ul class="base-list-a300 tab-trg-f"> <li class="select">Local currency</li> <li>US Dollar</li> </ul> <div class="tab-tget-f"> <div class="tab-tget-el"> <div class="sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Revenue</th> <td>171,103M</td> </tr> <tr> <th>Gross profit</th> <td>89,971M</td> </tr> <tr> <th>Operating income</th> <td>37,623M</td> </tr> <tr> <th>Income before tax</th> <td>23,397M</td> </tr> <tr> <th>Net income</th> <td>22,065M</td> </tr> <tr> <th>EBITDA</th> <td>70,218M</td> </tr> <tr> <th>Diluted EPS</th> <td>101.85</td> </tr> <tr> <th>Dividends per share</th> <td>122</td> </tr> </table> </div> <div class="sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Total assets</th> <td>457,208M</td> </tr> <tr> <th>Total liabilities</th> <td>343,310M</td> </tr> <tr> <th>Total equity</th> <td>113,608M</td> </tr> </table> </div> <div class="sub-box sub-inr-last"> <table class="tbla300C"> <tr> <th>Operating cash flow</th> <td>70,450M</td> </tr> </table> <p class="notes taR">Currency in PHP</p> <div class="more taR"> <a href="/web/20160505054315/http://asia.nikkei.com/Company/000TCJ-E/Historical">Historical data</a> </div> </div> </div> <div class="tab-tget-el hide"> <div class="sub-box sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Revenue</th> <td>3,757.78M</td> </tr> <tr> <th>Gross profit</th> <td>1,975.95M</td> </tr> <tr> <th>Operating income</th> <td>826.28M</td> </tr> <tr> <th>Income before tax</th> <td>513.84M</td> </tr> <tr> <th>Net income</th> <td>484.59M</td> </tr> <tr> <th>EBITDA</th> <td>1,542.13M</td> </tr> <tr> <th>Diluted EPS</th> <td>2.23</td> </tr> <tr> <th>Dividends per share</th> <td>2.67</td> </tr> </table> </div> <div class="sub-box sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Total assets</th> <td>9,716.45M</td> </tr> <tr> <th>Total liabilities</th> <td>7,295.93M</td> </tr> <tr> <th>Total equity</th> <td>2,414.36M</td> </tr> </table> </div> <div class="sub-box sub-box sub-inr-last"> <table class="tbla300C"> <tr> <th>Operating cash flow</th> <td>1,547.23M</td> </tr> </table> <p class="notes taR">Currency in USD</p> <div class="more taR"> <a href="/web/20160505054315/http://asia.nikkei.com/Company/000TCJ-E/Historical">Historical data</a> </div> </div> </div> </div> <div class="sub-box"> <h2 class="titleG">Valuation measures</h2> <p class="date-area taR">Dec 2015</p> <table class="tbla300C"> <tr> <th>PER</th> <td>20.22</td> </tr> <tr> <th>ROA</th> <td>4.92%</td> </tr> <tr> <th>ROE</th> <td>17.79%</td> </tr> <tr> <th>Operating margin</th> <td>21.98%</td> </tr> <tr> <th>Profit margin</th> <td>12.89%</td> </tr> </table> </div> <div class="sub-box"> <h2 class="titleG">Key executive</h2> <ul class="point-list lhL"> <li>Chairman, President &amp; Chief Executive Officer: Manuel Velez Pangilinan</li> <li>Chief Financial Officer, Treasurer &amp; Senor VP: Anabelle Lim-Chua</li> <li>Executive Vice President: Ernesto Rosario Alberto</li> <li>Executive Vice President &amp; Head-Home Business: Isaias Ariel P. Fermin</li> <li>SVP, Head-Internal Audit &amp; Fraud Risk Management: Jun Ramirez Florencio</li> </ul> </div> <div class="sub-box js_see-more3"> <h2 class="titleG">Share holders</h2> <ul class="point-list"> <li>NTT DoCoMo, Inc.(14.5%)</li> <li>Philippine Telecommunications Investment Corp.(12.0%)</li> <li>First Pacific Co. Ltd.(9.9%)</li> <li>JG Summit Holdings, Inc.(8.0%)</li> <li>Nippon Telegraph &amp; Telephone Corp.(5.8%)</li> <li>Philippine Social Security System(3.8%)</li> <li>Semilion Enterprises, Inc.(3.5%)</li> <li>The Vanguard Group, Inc.(1.1%)</li> <li>BlackRock Fund Advisors(1.0%)</li> <li>Newton Investment Management Ltd.(1.0%)</li> <div class="more see-more"><a href="javascript: void(0);">Show more</a></div> <div class="more see-fewer"><a href="javascript: void(0);">Show fewer</a></div> </ul> </div> <div class="sub-box last"> <h2 class="titleG">Address</h2> <ul class="lhL"> <li>Website: http://www.pldt.com.ph</li> <li>Address: Ramon Cojuangco Building, Makati Avenue, Makati City, 1200, Philippines</li> <li>Phone: +63.2.816.8534</li> </ul> </div> <div class="more space"> <a href="/web/20160505054315/http://asia.nikkei.com/info/help-company">Help</a> </div> <p class="copyrightFS taR">Copyright &copy; 2016 FactSet Research Systems Inc. All rights reserved.</p> </div><!-- /#sub-area --> </div><!-- /#two-column --> </div> </div><!-- /#article --> </div> </div> <div class="secondary"> <div class="link-box a300cpn js_see-more3 "> <h2 class="titleG">Related companies</h2> <ul class="point-list"> <li>PLDT Capital</li> <li>PLDTt Online Investments Pty Ltd.</li> <li>Maranao Telephone Co., Inc.</li> <li>PLDT Subic Telecom, Inc.</li> <li>Smart-NTT Multimedia, Inc.</li> <li>PLDT Retirement Fund</li> <li>Wolfpac Mobile, Inc.</li> <li>Bonifacio Communications Corp.</li> <li>Smart Money, Inc.</li> <li>Smart Money Holdings Corp.</li> <li>PLDT Maratel, Inc.</li> <li>PLDT Clark Telecom, Inc.</li> <li>Vocativ Systems, Inc.</li> <li>Parlance Systems, Inc.</li> <li>ACeS Philippines Cellular Satellite Corp.</li> <li>PLDT Global Corp.</li> <li>Infocom Technologies, Inc. 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