Financials Asia United Bank Corporation

Equities

AUB

PHY0392K1044

Banks

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
42.5 PHP +2.41% Intraday chart for Asia United Bank Corporation +5.99% +29.97%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 28,779 25,770 21,790 20,990 20,116 23,804
Enterprise Value (EV) 1 28,145 29,948 10,744 7,295 7,100 3,852
P/E ratio 8.69 x 5.8 x 7.21 x 5.18 x 3.21 x 2.88 x
Yield 2.7% 3.39% 4.45% 4.62% 4.82% 4.08%
Capitalization / Revenue 3.23 x 2.34 x 2.26 x 1.98 x 1.5 x 1.42 x
EV / Revenue 3.16 x 2.72 x 1.11 x 0.69 x 0.53 x 0.23 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.99 x 0.78 x 0.62 x 0.55 x 0.51 x 0.49 x
Nbr of stocks (in thousands) 727,966 727,966 727,966 727,966 727,966 727,966
Reference price 2 39.53 35.40 29.93 28.83 27.63 32.70
Announcement Date 4/16/19 5/26/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,901 11,008 9,645 10,601 13,426 16,785
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 4,008 5,406 3,857 5,074 7,758 10,241
Net income 1 3,313 4,447 3,023 4,054 6,267 8,252
Net margin 37.23% 40.39% 31.34% 38.24% 46.68% 49.17%
EPS 2 4.552 6.108 4.153 5.567 8.607 11.34
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.067 1.200 1.333 1.333 1.333 1.333
Announcement Date 4/16/19 5/26/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 4,178 - - - -
Net Cash position 1 634 - 11,047 13,695 13,016 19,952
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 11.7% 14.2% 8.85% 11.1% 16.1% 18.6%
ROA (Net income/ Total Assets) 1.5% 1.76% 1.04% 1.28% 1.91% 2.38%
Assets 1 220,522 252,156 290,336 315,628 328,373 347,325
Book Value Per Share 2 39.90 45.40 48.20 52.00 54.60 66.90
Cash Flow per Share 2 13.90 15.50 32.10 21.20 17.10 20.60
Capex 1 322 348 171 173 226 532
Capex / Sales 3.62% 3.16% 1.77% 1.63% 1.69% 3.17%
Announcement Date 4/16/19 5/26/20 5/18/21 5/17/22 4/18/23 4/16/24
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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