Empire East Land Holdings Inc

Empire East Land Holdings Inc maintains a conservative capital structure with a debt-to-equity ratio of 0.02, indicating minimal leverage relative to its equity base of 29.26 billion PHP. The company holds 2.28 billion PHP in cash and equivalents against 450 million PHP in long-term debt, resulting in a current ratio of 2.76, which suggests strong short-term liquidity coverage. Despite the low debt load, operating cash flow is negative at -350.06 million PHP, while free cash flow remains positive at 727.35 million PHP, driven by modest capital expenditures of 89.08 million PHP.

Profitability metrics indicate low returns on capital, with a return on equity of 2.77% and a return on assets of 1.62%. The company generated 5.40 billion PHP in revenue and 803.80 million PHP in net income, yielding a net margin of approximately 14.9%. Without cohort median data for direct comparison, these returns appear modest for a utility or real estate-adjacent business, suggesting either a capital-intensive model or a transitional phase in earnings power.

Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or regional exposure. The company is headquartered in Belgium and employs 4,020 people as of 2025-12-31. The absence of segment data limits the ability to assess diversification risks or specific growth drivers within the business lines.

Growth trajectory analysis is constrained by the lack of historical period data in the input. The latest actual revenue reported by analysts is 915.46 million PHP, which appears inconsistent with the 5.40 billion PHP revenue in the financial snapshot, potentially indicating a quarterly vs. annual mismatch or a specific reporting period difference. Without a multi-year trend, the direction of revenue growth cannot be determined from the provided data.

Risk assessment indicates low liquidity risk and low dilution risk, with no immediate filing-based flags detected. The company’s ESG profile shows high controversy scores (100) alongside moderate governance (42) and social (44) scores, which may present reputational or regulatory risks not captured in financial metrics. The low dilution risk is supported by the identical basic and diluted share counts of 14.68 billion shares.

Recent observations include a market capitalization of approximately 18.09 billion USD and an actual EPS of 0.02 PHP. The company is compared against major utility competitors such as Duke Energy, NextEra Energy, and Southern Company, though no specific competitive metrics are provided. The total share float is 43.93 million shares, which is significantly lower than the total shares outstanding, suggesting a large portion of shares may be held by insiders or restricted entities.

The company achieved a 9.0% year-over-year revenue increase to PHP 5.4 billion in fiscal year 2009.

Net income surged 17.0% year-over-year to PHP 803.8 million, demonstrating strong bottom-line growth momentum.

Long-term debt decreased consistently from PHP 1.25 billion in 2005 to PHP 450 million in 2009.

The four-year net income CAGR of -0.1% indicates a lack of long-term earnings growth.

Cash conversion ratio of -0.43 places the company in the bottom quartile of its peer cohort.

Return on assets of 1.6% suggests inefficient utilization of the company's asset base.

Revenue PHP 1.60B, +3,5% YoY; Operating income −6,0% YoY.

• ▍Revenue PHP 1.60B, +3,5% YoY
• ▍Operating income −6,0% YoY
• ▍Net income +2,6% YoY
• ▍Free cash flow +3,3% YoY
• ▍Net margin 16.4%

Revenue PHP 1.45B, +28,6% YoY; Operating income −24,7% YoY.

• ▍Revenue PHP 1.45B, +28,6% YoY
• ▍Operating income −24,7% YoY
• ▍Net income +98,4% YoY
• ▍Free cash flow +80,7% YoY
• ▍Net margin 12.4%

Revenue PHP 1.14B, −6,4% YoY; Operating income −15,2% YoY.

• ▍Revenue PHP 1.14B, −6,4% YoY
• ▍Operating income −15,2% YoY
• ▍Net income +10,7% YoY
• ▍Free cash flow +6,7% YoY
• ▍Net margin 17.2%

Revenue PHP 1.25B, +3,2% YoY; Operating income −3,9% YoY.

• ▍Revenue PHP 1.25B, +3,2% YoY
• ▍Operating income −3,9% YoY
• ▍Net income −5,6% YoY
• ▍Free cash flow −6,2% YoY
• ▍Net margin 13.6%

Revenue PHP 5.40B, +9,0% YoY; Operating income −6,1% YoY.

• ▍Revenue PHP 5.40B, +9,0% YoY
• ▍Operating income −6,1% YoY
• ▍Net income +17,0% YoY
• ▍Free cash flow +3,9% YoY
• ▍Net margin 14.9%

Revenue PHP 4.95B, −4,9% YoY; Operating income +0,8% YoY.

• ▍Revenue PHP 4.95B, −4,9% YoY
• ▍Operating income +0,8% YoY
• ▍Net income −10,3% YoY
• ▍Free cash flow −10,0% YoY
• ▍Net margin 13.9%

Revenue PHP 5.20B, +10,5% YoY; Operating income +1,0% YoY.

• ▍Revenue PHP 5.20B, +10,5% YoY
• ▍Operating income +1,0% YoY
• ▍Net income +6,3% YoY
• ▍Free cash flow +7,2% YoY
• ▍Net margin 14.7%

Revenue PHP 4.71B, +3,9% YoY; Operating income +38,2% YoY.

• ▍Revenue PHP 4.71B, +3,9% YoY
• ▍Operating income +38,2% YoY
• ▍Net income −10,6% YoY
• ▍Free cash flow −12,8% YoY
• ▍Net margin 15.3%

Revenue PHP 4.53B; Operating income PHP 980.7M.

• ▍Revenue PHP 4.53B
• ▍Operating income PHP 980.7M
• ▍Net margin 17.8%