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Metro Pacific Investments Corporation (MPCFF)
Key financial summary
Financials in PHP| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | PHP bn | 83 | 73 | 41 | 44 | 51 | 61 | 61 |
| Operating profit | PHP bn | 26 | 36 | |||||
| Net profit | PHP bn | 14 | 24 | 5 | 10 | 10 | 20 | 20 |
| EPS reported | PHP | 0.68 | 0.67 | |||||
| Operating cashflow per share | PHP | 0.95 | 0.95 | |||||
| Capex per share | PHP | 0.05 | 0.05 | |||||
| FCF per share | PHP | 0.90 | 0.90 | |||||
| Free cash flow | PHP bn | 26 | 12 | |||||
| Net debt | PHP bn | 275 | 275 | |||||
| Book value equity | PHP bn | 233 | 233 | |||||
| Book value per share | PHP | 8.01 | 7.52 | |||||
| Number of shares | m | 29,112 | 30,980.44 | |||||
| DPS (TTM paid) | PHP | 0.06 | 0.00 |
Financial summary
Financials in PHP| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.69 | 0.39 | |||||
| P/S LTM | x | 2.63 | 1.46 | |||||
| P/FCF LTM | x | 6.17 | 7.44 | |||||
| EV/EBITDA LTM | x | 13.49 | 8.93 | |||||
| EV/Sales LTM | x | 7.15 | 5.96 | |||||
| Earnings Yield LTM | % | 12.36% | 21.89% | |||||
| FCF Yield | % | 16.21% | 13.44% | |||||
| Quality | ||||||||
| ROE | % | 8.54% | 9.20% | |||||
| ROIC | % | 3.24% | 3.24% | |||||
| Operating margin | % | 42.90% | 42.90% | |||||
| Gross margin | % | 62.89% | 62.89% | |||||
| FCF/Sales | % | 42.61% | 42.61% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +88.89% | +88.89% | |||||
| Sales Growth YoY | % | +20.53% | +20.53% | |||||
| Net Income Growth YoY | % | +89.77% | +89.77% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +9.03% | +9.03% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.25% | 0.00% | |||||
| Dividend Growth | % | -56.13% | - | |||||
| Payout Ratio | % | 18.20% | 11.14% | |||||
| FCF/Debt | x | 0.08 | 0.04 | |||||
| Net Debt/EBITDA | x | 8.53 | 8.53 | |||||
| EBIT/Net interest | x | 0.00 | 0.00 | |||||
| Net debt/market cap | % | 170.43% | 306.81% | |||||
| Net debt/Equity | x | 1.18 | 1.18 | |||||
| Gross debt/equity | x | 1.36 | 1.36 | |||||
Company overview
Metro Pacific Investments Corporation (MPIC) is a Philippine-based holding company specializing in strategic investments and the development of essential infrastructure. Its diverse portfolio spans critical sectors such as water utility, expressways, power generation and distribution, healthcare services, light rail transport, and logistics across the Philippines. The company's operations are organized into key segments: Power, Toll Operations, Water, Rail, and a miscellaneous "Others" category. Through its water utility ventures, MPIC delivers comprehensive water and sewerage services within Metro Manila's West Service Area, maintaining an extensive network comprising 7,748 kilometers of pipelines, alongside numerous pumping stations and mini-boosters. In the toll road sector, MPIC is responsible for the construction, operation, and maintenance of significant expressways, including the North Luzon Expressway (NLEX), its connector road to the South Luzon Expressway, and the Cebu-Cordova Link Expressway. It further manages and operates the Subic-Clark-Tarlac Expressway (SCTEX) and the Manila-Cavite Toll Expressway, while also handling the design, financing, construction, and ongoing operation of the 44.6-kilometer Cavite Laguna Expressway. The company's power segment encompasses the construction, operation, and upkeep of electricity distribution systems, reaching approximately 7.4 million customers across 36 cities and 75 municipalities. Additionally, MPIC owns and manages various power generation facilities. Healthcare operations include the management of 18 hospitals and 6 specialized cancer centers, demonstrating a commitment to medical services. MPIC also oversees the operation and maintenance of a light rail transit line. Beyond its core infrastructure assets, MPIC diversifies into real estate development, encompassing design, development, and marketing activities. The company offers a broad spectrum of ancillary and specialized services, including electromechanical engineering and construction, e-transaction and bill collection, telecommunications, railway operations and maintenance, insurance and reinsurance, and various consulting and manpower services. Further expanding its portfolio, it engages in e-business development, power distribution and energy systems management, renewable energy initiatives, and electric vehicle charging infrastructure solutions. Other services comprise electronic toll collection, facilities management, and waste management. Additionally, MPIC is involved in residential property rentals and leasing, trading, and port management. Established in 1986, Metro Pacific Investments Corporation maintains its headquarters in Pasig, Philippines.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Metro Pacific Investments Corporation (MPCFF)
Metro Pacific Investments Corporation (MPIC) is a Philippine-based holding company specializing in strategic investments and the development of essential infrastructure. Its diverse portfolio spans critical sectors such as water utility, expressways, power generation and distribution, healthcare services, light rail transport, and logistics across the Philippines. The company's operations are organized into key segments: Power, Toll Operations, Water, Rail, and a miscellaneous "Others" category. Through its water utility ventures, MPIC delivers comprehensive water and sewerage services within Metro Manila's West Service Area, maintaining an extensive network comprising 7,748 kilometers of pipelines, alongside numerous pumping stations and mini-boosters. In the toll road sector, MPIC is responsible for the construction, operation, and maintenance of significant expressways, including the North Luzon Expressway (NLEX), its connector road to the South Luzon Expressway, and the Cebu-Cordova Link Expressway. It further manages and operates the Subic-Clark-Tarlac Expressway (SCTEX) and the Manila-Cavite Toll Expressway, while also handling the design, financing, construction, and ongoing operation of the 44.6-kilometer Cavite Laguna Expressway. The company's power segment encompasses the construction, operation, and upkeep of electricity distribution systems, reaching approximately 7.4 million customers across 36 cities and 75 municipalities. Additionally, MPIC owns and manages various power generation facilities. Healthcare operations include the management of 18 hospitals and 6 specialized cancer centers, demonstrating a commitment to medical services. MPIC also oversees the operation and maintenance of a light rail transit line. Beyond its core infrastructure assets, MPIC diversifies into real estate development, encompassing design, development, and marketing activities. The company offers a broad spectrum of ancillary and specialized services, including electromechanical engineering and construction, e-transaction and bill collection, telecommunications, railway operations and maintenance, insurance and reinsurance, and various consulting and manpower services. Further expanding its portfolio, it engages in e-business development, power distribution and energy systems management, renewable energy initiatives, and electric vehicle charging infrastructure solutions. Other services comprise electronic toll collection, facilities management, and waste management. Additionally, MPIC is involved in residential property rentals and leasing, trading, and port management. Established in 1986, Metro Pacific Investments Corporation maintains its headquarters in Pasig, Philippines.
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