Analyzing Ayala Land (AYAAF) & The Competition

Institutional and Insider Ownership

18.8% of Ayala Land shares are owned by institutional investors. Comparatively, 32.7% of shares of all “Real Estate Management & Development” companies are owned by institutional investors. 27.3% of shares of all “Real Estate Management & Development” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Ayala Land and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ayala Land	N/A	N/A	N/A
Ayala Land Competitors	-242.66%	-688.59%	-1.24%

Dividends

Ayala Land pays an annual dividend of $0.41 per share and has a dividend yield of 164.1%. Ayala Land pays out 42.7% of its earnings in the form of a dividend. As a group, “Real Estate Management & Development” companies pay a dividend yield of 4.9% and pay out 47.8% of their earnings in the form of a dividend. Ayala Land is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Earnings & Valuation

This table compares Ayala Land and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ayala Land	N/A	N/A	0.26
Ayala Land Competitors	$5.54 billion	-$394.99 million	9.40

Ayala Land’s peers have higher revenue, but lower earnings than Ayala Land. Ayala Land is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Ayala Land beats its peers on 5 of the 9 factors compared.

About Ayala Land

Ayala Land, Inc. operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units. It also develops and sells residential lots and units. In addition, the company develops shopping centers, and leases retail space and land to third parties; operates movie theaters, food courts, entertainment facilities, gas stations, and car parking in shopping centers; manages and operates malls; develops, leases, and sells office buildings; and sells industrial lots and leases factory building. Further, it engages in the development and management of hotels and resorts/serviced apartments; leasing of land to hotel tenants; and land development and construction, and facilities management activities. Ayala Land, Inc. was incorporated in 1988 and is based in Makati City, the Philippines.