Critical Comparison: Ayala Land (AYAAF) & The Competition

Dividends

Ayala Land pays an annual dividend of $0.41 per share and has a dividend yield of 169.0%. 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 5.0% and pay out 49.1% of their earnings in the form of a dividend. Ayala Land is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Valuation & Earnings

This table compares Ayala Land and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ayala Land	N/A	N/A	0.25
Ayala Land Competitors	$2.67 billion	-$394.99 million	-13.19

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

Insider and Institutional Ownership

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

Profitability

This table compares Ayala Land and its competitors’ 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	-247.11%	-677.27%	-1.61%

Summary

Ayala Land beats its competitors on 6 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.