Guia Abogado/Rappler
I still see an important distinction between a falling share price and a collapsing business
Ayala Land's stock has declined significantly, losing over 40% in value in the past year, and is being removed from the MSCI Philippines Standard Index, raising concerns about its market position.
Despite a drop in revenues and net income, there are signs of sequential improvement in earnings, and the company has largely completed its refinancing requirements for 2026, indicating it is managing its debt effectively.
The parent company, Ayala Corporation, continues to buy shares of Ayala Land, suggesting confidence in its long-term value, although concerns remain about cash generation and the stability of reservation sales.
