Manila Jockey Club, Inc. (PSE:MJC)

Manila Jockey Club Statistics

Total Valuation

PSE:MJC has a market cap or net worth of PHP 1.90 billion. The enterprise value is 999.12 million.

Market Cap	1.90B
Enterprise Value	999.12M

Important Dates

Earnings Date	n/a
Ex-Dividend Date	Nov 20, 2024

Share Statistics

PSE:MJC has 1.49 billion shares outstanding.

Current Share Class	1.49B
Shares Outstanding	1.49B
Shares Change (YoY)	n/a
Shares Change (QoQ)	+0.06%
Owned by Insiders (%)	22.43%
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 1.66.

PE Ratio	1.66
Forward PE	n/a
PS Ratio	4.17
PB Ratio	0.58
P/TBV Ratio	0.59
P/FCF Ratio	2.99
P/OCF Ratio	2.91
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	0.87
EV / Sales	2.20
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	1.58

Financial Position

The company has a current ratio of 2.47, with a Debt / Equity ratio of 0.02.

Current Ratio	2.47
Quick Ratio	2.24
Debt / Equity	0.02
Debt / EBITDA	5.31
Debt / FCF	0.09
Interest Coverage	-11.71

Financial Efficiency

Return on equity (ROE) is 42.84% and return on invested capital (ROIC) is -2.14%.

Return on Equity (ROE)	42.84%
Return on Assets (ROA)	-1.49%
Return on Invested Capital (ROIC)	-2.14%
Return on Capital Employed (ROCE)	-2.39%
Revenue Per Employee	1.57M
Profits Per Employee	3.95M
Employee Count	290
Asset Turnover	0.11
Inventory Turnover	16.01

Taxes

In the past 12 months, PSE:MJC has paid 19.62 million in taxes.

Income Tax	19.62M
Effective Tax Rate	1.69%

Stock Price Statistics

The stock price has decreased by -23.03% in the last 52 weeks. The beta is 0.37, so PSE:MJC's price volatility has been lower than the market average.

Beta (5Y)	0.37
52-Week Price Change	-23.03%
50-Day Moving Average	1.34
200-Day Moving Average	1.37
Relative Strength Index (RSI)	29.18
Average Volume (20 Days)	39,750

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, PSE:MJC had revenue of PHP 454.86 million and earned 1.14 billion in profits. Earnings per share was 0.76.

Revenue	454.86M
Gross Profit	197.83M
Operating Income	-95.35M
Pretax Income	1.16B
Net Income	1.14B
EBITDA	1.05M
EBIT	-95.35M
Earnings Per Share (EPS)	0.76

Balance Sheet

The company has 1.01 billion in cash and 59.47 million in debt, giving a net cash position of 952.65 million or 0.64 per share.

Cash & Cash Equivalents	1.01B
Total Debt	59.47M
Net Cash	952.65M
Net Cash Per Share	0.64
Equity (Book Value)	3.24B
Book Value Per Share	2.13
Working Capital	733.18M

Cash Flow

In the last 12 months, operating cash flow was 652.46 million and capital expenditures -18.42 million, giving a free cash flow of 634.04 million.

Operating Cash Flow	652.46M
Capital Expenditures	-18.42M
Free Cash Flow	634.04M
FCF Per Share	0.42

Margins

Gross margin is 43.49%, with operating and profit margins of -20.96% and 251.52%.

Gross Margin	43.49%
Operating Margin	-20.96%
Pretax Margin	255.65%
Profit Margin	251.52%
EBITDA Margin	0.23%
EBIT Margin	-20.96%
FCF Margin	139.39%

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 3.94%.

Dividend Per Share	0.05
Dividend Yield	3.94%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.17%
Shareholder Yield	3.76%
Earnings Yield	60.29%
FCF Yield	33.41%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 14, 2019. It was a forward split with a ratio of 1.5.

Last Split Date	May 14, 2019
Split Type	Forward
Split Ratio	1.5

Scores

PSE:MJC has an Altman Z-Score of 2.03 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.03
Piotroski F-Score	5