NEWS BITES ASIAN MARKETS
Anglo Philippine Holdings Corporation (PH:APO), Philippines' 15th largest holding firms company by market capitalisation, decreased 4.0 centavo (or 1.7%) in the trailing week to close at PHP2.34. Compared with the PSEi Index which fell 179.2 points (or 2.6%) in the week, this represented a relative price change of 0.9%. The volume was 0.2 times average trading per week of 2,969,055 shares. In the past week the market capitalisation has decreased PHP46.6 million.
LONG-TERM RATING (FUNDAMENTALS)
The company paid a dividend of 6.0 centavo in the last twelve months. The dividend yield is high at 2.6%.
Price/Earnings | 9.4x |
Yield % | 2.6 |
% Prem to Low | 24.5 |
Earning Yield % | 10.7 |
Price/Sales | 5.8x |
Price/NTA | 0.9x |
% Disc to High | 13.3 |
SHORT-TERM RATING (TECHNICAL)
Its short term falls have been combined with weak volume resulting in weak momentum falls over 1, 5 and 30 days. Its 52-week range has been PHP2.70 to PHP1.88; it is trading at a discount of 13.3% to its 52-week high and a premium of 24.5% to its 52-week low. PHP1,000 invested a week ago is now worth PHP983 of which PHP17 is a capital loss.
Recommended stop loss: PHP2.16
Present Value PHP1000 (1 year) | 1205 |
1-week price change (%) | -1.7 |
Relative Strength (6M) | 53 |
1-month price change (%) | -0.8 |
RELATIVE VALUATION INDICATORS - RVI - FUNDAMENTAL ANALYSIS
The stock meets the following value criteria set by Benjamin Graham:
-"Total debt less than tangible book value"; total debt of PHP1.1 billion (US$27.5 million) is less than tangible book value of PHP2.9 billion.
RELATIVE VALUATION INDICATORS - RVI - TECHNICAL ANALYSIS
Bearish Signals:
- The price decreased 0.8% in the last month.
- This has been exacerbated by firm volume of 1.8 times average for the month.
- In the Philippines market of 176 stocks traded today, the stock has a 6-month relative strength of 53 which means it has outperformed 53% of the market.
SHAREHOLDER RETURNS
Trailing five weeks: the stock was unchanged seven times (27% of the time), fell seven times (27% of the time), rose six times (23% of the time) and was untraded five times (19% of the time). The volume was 2.3 times average trading of 20,783,385 shares. The value of PHP1,000 invested five weeks ago is PHP992 [vs PHP1,030 for the PSEi Index] for a capital loss of PHP8.
Trailing thirteen weeks: the stock rose twenty one times (34% of the time), fell eighteen times (29% of the time), was unchanged fourteen times (23% of the time) and was untraded nine times (15% of the time). The volume was 1.9 times average trading of 52,453,305 shares. The value of PHP1,000 invested thirteen weeks ago is PHP1,064 [vs PHP1,166 for the PSEi Index] for a capital gain of PHP64.
Trailing Two Years: the value of PHP1,000 invested two years ago is PHP1,545 [vs PHP1,716 for the PSEi Index], including a capital gain of PHP436 and dividend reinvested of PHP110.
PRICE VOLUME DYNAMICS
Volatility: the stock traded between an intraweek low of PHP2.33 and a high of PHP2.40.
Volume and turnover period: there were 525,000 shares worth PHP1.2 million (US$30,739.2) traded. The turnover rate in the 12 months to date was 21.2% (or a turnover period of 4 years 8 months).
% Discount to high: the last price is at a discount of 13.3% to the 12-month high of PHP2.70 five months ago on 05 Nov, 2012.
% Premium to low: the last price is at a premium of 24.5% to the 12-month low of PHP1.88 ten months ago on 21 May, 2012.
