Nov.16- SPC Corp. 3Q Financial Report

1.496 B                                                 -Out.shares
7.2 B                                                     -MarCap 

4.85 billion pesos                                    -Equity attributable to parent company

1.569 billion pesos                                   -Capital stock
2.53 billion pesos                                     -Retained earnings

5.80 billion pesos                                    -Total Asset

773 million pesos                                    -Cash and cash equivalent
632 million pesos                                    -Total Liabilities

Revenue: 9M Operation

1.60 billion pesos                                   -2013
1.75 billion pesos                                   -2012

% change:  -9.3%

Net Income 9M:

747 million pesos                                    -2013

987 million pesos                                    -2012

% change:  -32%

Note: better number on 3^rd Q 2013 with 404M net income compared to last year 3Q of 217M. 9M net income, however, is lesser than previous year.

Annualized net income: 996M

closing price 15-11-2013:  4.80 pesos
ANNUALIZED EPS:  0.67
PE: 7.16               

BV per share: 3.24 pesos

Price to book value: 1.48x

Other notes:

Return on Equity: 20.5 %
Return on Assets: 17 %
Net income margin: 47% 

Current ratio: 4.96
Debt-to-equity: 0.13

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=3.24

P=4.80

P/BV= 1.48

PE= 7.16

BGM= 10.61

Source: SPC 3Q Financial Report

Happy Investing!