Ayala Corp Unsponsored ADR (AYALY) AI Stock Analysis

• Market Cap: $6.44B
• Dividend Yield: 1.14%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 7.1
• Beta (1Y): 0.17
• Revenue Growth: 8.28%
• EPS Growth: 34.37%
• Country: US
• Employees: 14,076
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 0.62
• Shares Outstanding: 620,037,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.94
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 1.26
• P/FCF Ratio: -17.98
• Enterprise Value/Market Cap: 154.32
• Enterprise Value/Revenue: 3.00
• Enterprise Value/Gross Profit: 11.12
• Enterprise Value/Ebitda: 9.14
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.54
• Revenue Forecast (FY): $6.61B

• Rating: 64 Neutral
• Price Target: $9.50 ▲(12.96% Upside)
• Action: Reiterated Date: 12/18/25
• Date: Action: Reiterated 12/18/25

Ayala Corp's overall stock score of 64 reflects a balance of strong valuation and moderate technical momentum, offset by financial performance concerns. The low P/E ratio suggests undervaluation, while technical indicators point to potential bullish trends. However, significant revenue decline, high leverage, and cash flow challenges weigh on the score.

Positive Factors

Diversified Business Model

Ayala's diverse portfolio across property, banking, telecom, energy and water reduces earnings cyclicality and concentration risk. Multiple, non-correlated businesses and affiliate earnings provide cross-subsidiary funding optionality and resilience in cash flows over the medium term.

Strong Profit Margins

Reported net profit and EBIT margins indicate the group retains strong operating efficiency despite top-line pressures. Robust margins support internal capital generation, enable reinvestment and dividend capacity, and provide a buffer against cyclical revenue dips over months.

Stable Regulated Cash Flows

Ownership of regulated water and long-term energy assets plus telecom infrastructure yields predictable contractual or tariff-based revenues. These regulated cash flows reduce volatility, improve forecastability, and underpin financing capacity for infrastructure capex over the medium term.

Negative Factors

High Leverage

A debt-to-equity ratio around 1.51 and a low equity ratio signify material leverage and thinner equity cushions. Elevated financial obligations limit strategic flexibility, increase interest expense sensitivity, constrain balance-sheet maneuvering and raise refinancing risk over the next several quarters.

Weak Cash Conversion

Negative free cash flow and a FCF-to-net-income ratio far below zero show poor cash conversion of reported profits. Weak operating cash relative to earnings hampers debt reduction, organic investment and dividend sustainability unless cash generation improves or external financing is secured.

Significant Revenue Decline

A near-23% TTM revenue drop represents a meaningful deterioration in top-line scale. Continued revenue contraction risks eroding operating leverage, pressures margins if costs normalize, and limits the group's ability to grow earnings or fund strategic initiatives without corrective actions.

Ayala Corp Unsponsored ADR Business Overview & Revenue Model

Company Description

Ayala Corporation engages in the real estate and hotel businesses in the Philippines and internationally. Its Real Estate and Hotels segment develops, constructs, leases, and sells residential and commercial communities; manages land bank; operates hotels, cinema, and theaters; and provides construction and property management services. The company's Financial Services and Insurance segment provides corporate, consumer, mortgage, leasing, and agri loans; deposit and cash management, asset management, online stock trading, foreign exchange and capital markets investments dealing, corporate finance and consulting, investment banking, internet banking, foreign exchange, and safety deposit services; and life, non-life, pre-need, and reinsurance services. Its Telecommunications segment offers digital wireless communication, long distance communication, broadband internet, wireline voice and data communication, and local exchange carrier services; and designs, develops, operates, administers, and manages software applications and systems. The company's Water segment manages, operates, repairs, decommissions, and refurbishes fixed and movable assets required to provide water delivery, sewerage, and sanitation, distribution, pipe works, used water management, and management services. Its Industrial Technologies segment offers electronics manufacturing, and power semiconductor assembly and testing services. The company's Power segment generates power using renewable and conventional technologies. Its Automotive, Outsourcing and Others segment manufactures, distributes, sells, repairs, and services passenger cars and commercial vehicles; provides venture capital for technology businesses; onshore and offshore outsourcing, air-chartered, consultancy, agri-business, education, human capital resource management, and health services; and invests in property companies and other projects. Ayala Corporation was founded in 1834 and is headquartered in Makati City, the Philippines.

How the Company Makes Money

Ayala Corporation generates revenue through its diverse portfolio of businesses. Key revenue streams include real estate development and sales from Ayala Land, which engages in residential, commercial, and mixed-use property projects. Globe Telecom contributes significantly through telecommunications services, including mobile, broadband, and enterprise solutions. Manila Water generates revenue from water and wastewater services in the East Zone of Metro Manila. Additionally, Ayala Corp has interests in renewable energy projects, which are increasingly contributing to its income as the demand for sustainable energy solutions grows. Strategic partnerships and joint ventures further enhance its revenue potential, allowing the company to tap into various markets and expand its service offerings.

Ayala Corp Unsponsored ADR Financial Statement Overview

Summary

Ayala Corp's financial statements present a mixed picture. While profitability remains strong with a healthy net profit margin of 13.08% and EBIT margin of 20.20%, significant revenue decline of 22.68% and high leverage with a debt-to-equity ratio of 1.51 pose risks. Cash flow challenges, particularly negative free cash flow, highlight potential liquidity concerns.

Income Statement

Ayala Corp's income statement shows mixed performance. The TTM data reveals a significant revenue decline of 22.68%, which is concerning. However, the company maintains a healthy net profit margin of 13.08% and a strong EBIT margin of 20.20%. Despite the revenue drop, profitability metrics remain robust, indicating effective cost management.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio of 1.51, suggesting significant leverage. Return on equity is moderate at 9.54%, reflecting decent profitability relative to shareholder equity. The equity ratio is low, highlighting potential financial risk due to high debt levels.

Cash Flow

Cash flow analysis reveals challenges, with negative free cash flow and a concerning free cash flow to net income ratio of -1.18. Operating cash flow to net income ratio is low at 0.03, indicating potential liquidity issues. The negative free cash flow growth rate further underscores cash flow management difficulties.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	331.05B	325.01B	289.71B	260.12B	224.59B	193.59B
Gross Profit	89.45B	83.84B	67.12B	49.28B	46.78B	46.12B
EBITDA	108.77B	83.16B	65.84B	59.88B	61.62B	51.46B
Net Income	54.28B	41.93B	38.05B	27.01B	27.65B	17.14B
Balance Sheet
Total Assets	1.84T	1.75T	1.61T	1.46T	1.35T	1.41T
Cash, Cash Equivalents and Short-Term Investments	88.89B	89.70B	93.77B	91.19B	99.40B	98.68B
Total Debt	711.76B	698.62B	620.13B	574.78B	503.97B	465.88B
Total Liabilities	1.05T	1.02T	933.15B	870.87B	780.18B	863.19B
Stockholders Equity	499.84B	436.36B	398.97B	364.41B	363.47B	341.36B
Cash Flow
Free Cash Flow	-4.04B	-22.84B	-16.84B	-9.05B	-4.03B	-17.54B
Operating Cash Flow	22.88B	22.15B	24.43B	23.47B	10.00B	-5.22B
Investing Cash Flow	-68.88B	-87.16B	-49.48B	-74.44B	-57.10B	-20.74B
Financing Cash Flow	49.08B	64.75B	25.90B	35.77B	23.21B	34.31B

Ayala Corp Unsponsored ADR Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AYALY, the sentiment is Positive. The current price of 8.41 is below the 20-day moving average (MA) of 9.54, below the 50-day MA of 8.82, and below the 200-day MA of 9.08, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 74.75 is Negative, neither overbought nor oversold. The STOCH value of 97.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AYALY.

Ayala Corp Unsponsored ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VMI	75 Outperform	$8.98B	27.39	21.09%	0.63%	1.23%	-22.77%
SEB	72 Outperform	$4.92B	9.98	9.98%	0.21%	10.31%	―
AYALY	64 Neutral	$6.44B	7.14	9.54%	1.14%	8.28%	34.37%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GFF	62 Neutral	$3.97B	93.17	26.52%	1.01%	-3.95%	-74.65%
MDU	57 Neutral	$4.23B	22.30	7.01%	2.76%	-57.80%	-57.40%
IEP	52 Neutral	$5.14B	-13.47	-9.85%	27.59%	-8.45%	27.66%