Financials House of Investments, Inc.

Equities

HI

PHY3724Q1041

Construction & Engineering

End-of-day quote Philippines S.E. 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
3.51 PHP 0.00% Intraday chart for House of Investments, Inc. +5.72% +7.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,591 4,038 3,121 2,756 2,780 2,539
Enterprise Value (EV) 1 14,866 15,975 16,555 10,660 14,615 -3,196
P/E ratio 5.37 x 4.25 x -3.78 x 2.57 x 3.18 x 21.4 x
Yield 1.11% 1.25% - - 1.4% -
Capitalization / Revenue 0.11 x 0.12 x 0.15 x 0.12 x 0.12 x 0.23 x
EV / Revenue 0.46 x 0.47 x 0.78 x 0.45 x 0.61 x -0.29 x
EV / EBITDA 5.71 x 5.14 x -6.44 x 5.43 x 6.16 x -1.37 x
EV / FCF -15 x -2.7 x -25.2 x 14.4 x 3.94 x -0.32 x
FCF Yield -6.67% -37.1% -3.96% 6.95% 25.4% -311%
Price to Book 0.29 x 0.27 x 0.22 x 0.18 x 0.15 x 0.94 x
Nbr of stocks (in thousands) 615,996 776,465 776,465 776,465 776,465 776,465
Reference price 2 5.830 5.200 4.020 3.550 3.580 3.270
Announcement Date 16/04/19 30/06/20 17/05/21 04/05/22 02/05/23 02/05/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 32,309 34,130 21,176 23,599 23,905 11,094
EBITDA 1 2,602 3,108 -2,572 1,965 2,373 2,330
EBIT 1 1,619 1,995 -3,714 1,032 1,382 1,346
Operating Margin 5.01% 5.85% -17.54% 4.37% 5.78% 12.13%
Earnings before Tax (EBT) 1 1,663 2,109 -2,964 1,919 1,843 1,180
Net income 1 848.3 974 -825 1,073 1,174 440.8
Net margin 2.63% 2.85% -3.9% 4.55% 4.91% 3.97%
EPS 2 1.086 1.224 -1.063 1.382 1.127 0.1525
Free Cash Flow 1 -992.3 -5,927 -656 741.3 3,706 9,939
FCF margin -3.07% -17.36% -3.1% 3.14% 15.5% 89.59%
FCF Conversion (EBITDA) - - - 37.73% 156.17% 426.55%
FCF Conversion (Net income) - - - 69.08% 315.64% 2,254.88%
Dividend per Share 2 0.0650 0.0650 - - 0.0500 -
Announcement Date 16/04/19 30/06/20 17/05/21 04/05/22 02/05/23 02/05/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 11,275 11,937 13,434 7,903 11,836 -
Net Cash position 1 - - - - - 5,735
Leverage (Debt/EBITDA) 4.333 x 3.841 x -5.223 x 4.023 x 4.988 x -
Free Cash Flow 1 -992 -5,927 -656 741 3,706 9,939
ROE (net income / shareholders' equity) 6.74% 7.92% -7.47% 6.26% 5.23% 2.42%
ROA (Net income/ Total Assets) 2.63% 2.72% -4.47% 1.18% 1.41% 0.75%
Assets 1 32,250 35,777 18,460 90,756 83,221 59,009
Book Value Per Share 2 19.80 19.00 18.20 20.20 23.70 3.470
Cash Flow per Share 2 3.310 3.460 4.150 11.70 8.540 0.7200
Capex 1 1,776 4,969 1,386 632 856 1,780
Capex / Sales 5.5% 14.56% 6.55% 2.68% 3.58% 16.05%
Announcement Date 16/04/19 30/06/20 17/05/21 04/05/22 02/05/23 02/05/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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