Philippine Markets Daily

Philippine Markets Daily Tearsheet of the Day

Uniform Accounting reveals the growth potential of this mutual fund that as-reported metrics cannot.

May 29, 2020
This asset management firm offers an online investing platform that allows users to invest in their funds. One of these funds focuses on investing in growth companies not listed in the Philippine Stock Exchange Index (PSEi).
Recent Newsletters
May 28, 2020
With more than 174 million active buyers, this company proves that it can manage auctions and listings, along with Uniform ROAs of 20%+ levels
Strict quarantine measures implemented by governments globally have adversely impacted small and individual non-essential retailers. As a solution, some of these businesses have shifted to online retailing in order to survive.
May 27, 2020
This IoT company’s 32% Uniform ROA shows a connection between innovation and profitability that its 7% as-reported returns hide.
This China-based company provides IoT solutions and communication modules, standing to benefit from the digitalization trend and the expansion of the IoT market.
May 26, 2020
An ambitious management has made this conglomerate more efficient with TRUE asset turnover of 1.0x, not just the 0.7x as-reported metrics see.
Since the implementation of the quarantine, no company has arguably generated more headlines than this industrial conglomerate, in terms of both business and non-business news.
May 22, 2020
This UITF focuses on socially responsible companies, and Uniform Accounting affirms that these companies are economically profitable.
The country’s leading bank is finding ways to provide an array of investment products to its customers and the investing public.
May 21, 2020
This hotel giant’s focus on its business model might continue to accommodate Uniform ROAs of 94%+ levels going forward
The hotel industry took a major hit, as global tourism ground to a halt due to people staying at home to slow the spread of the novel coronavirus.
May 20, 2020
This Chinese company is cashing in on the success of Apple’s AirPods, with Uniform metrics assembling a TRUE return of 26% and not 8%.
Mobile phones have made it easier for consumers to stream video or music anytime and anywhere. This personal experience has given rise to the smart personal audio device market
May 19, 2020
Uniform Accounting shows how this food packaging company can preserve its robust ROA
Canned goods are pretty much a staple on the grocery list, even more so these days while the Philippines is generally still on quarantine.
May 18, 2020
MONDAY MACRO: PHP 120 million debt on average for the PH real estate industry should not be a deal breaker, Uniform Accounting shows there is cash!
The Philippines’ economic growth over the recent years was fueled by real estate demand from Philippine Offshore Gaming Operator (POGO) and Business Process Outsourcing (BPO) companies.
May 15, 2020
As-reported numbers suggest that this fund’s top holdings aren’t profitable, but Uniform Accounting shows they are fundamentally sound.
This universal bank offers a unit investment trust fund (UITF) that focuses on investing in fundamentally sound companies.
May 13, 2020
Uniform metrics reveal the TRUE beauty of this skincare company, whose actual earning power is above cost of capital at 9%!
With too much time on their hands due to the quarantine, many have turned to vlogging about all kinds of things to pass the time. Influencers aren’t the only ones posting vlogs on their 10-step skincare routine nowadays.
May 12, 2020
With a TRUE earning power of 16%, can this company cool off consumers and concerned investors at the same time?
According to PAGASA, the past few days have been some of the hottest days so far in 2020. PAGASA even expects such levels to continue throughout the rest of May.
May 11, 2020
MONDAY MACRO: Credit bank officers are too pessimistic on aggregate credit outlook. UAFRS numbers say otherwise
Philippine inflation reached a 6-month low at 2.2% this past April. Given low economic activity in the past three months due to the adverse effect of the COVID-19 pandemic, it is unsurprising that this is its third consecutive drop.
May 8, 2020
Uniform Accounting affirms that this growth-oriented mutual fund can live up to its name with its above-average TRUE earnings growth
This investment management company rolled out a new mutual fund five months ago to provide an alternative investment opportunity for investors.
May 7, 2020
Going cashless might be this company’s leverage to push Uniform ROAs past 70%+ going forward
Globally, there was a time when cash was the preferred mode of payment for most people. However, as technology advanced, consumer behavior has shifted to a point where cashless payments are slowly taking over mainly for convenience reasons.
May 6, 2020
You might think this Guinness world record holder for the largest noodles packet is serving a 13% return when it’s actually double that!
As quarantines remain in effect in many parts of the world, consumers continue to stock up on canned goods and other instant food.
May 5, 2020
This property developer continues to offer shopping convenience for everyone. A 9% Uniform ROA suggests this company’s got it all.
“Come on in, look at what we got. There so much more and such a lot. Here at SM, we got it all…”
May 4, 2020
MONDAY MACRO: Business confidence waned as the pandemic disrupts economic activity. Is it as bad as we think it is?
There’s usually a decline in consumer spending during the first quarter of the calendar year compared with the fourth quarter. It’s not surprising then that businesses aren’t confident about their profitability during this time.
April 30, 2020
This company’s stock has skyrocketed but as-reported ROAs were flat, Uniform Accounting wipes away the grime to reveal a clearer picture
Disinfecting is more crucial than ever as people continue to experience one of the worst global pandemics of this century.