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Company Information |
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Full name Alaska Milk Corporation Headquarters 6/F Corinthian Plaza 121 Paseo de Roxas Ave; Makati ; National Capital Region; 1226 |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational CIBI: AS94008745 Financial Auditors: SGV & Co. (2011) Incorporation Date: September 26, 1994 Total Employees: 718 Tel: (63 2) 8405921 |
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Company Description |
| Alaska Milk Corporation (AMC) is a milk products manufacturer. AMC has three principal lines of business, namely, liquid canned milk (evaporated and sweetened condensed milk), powdered filled milk and UHT/Ready-to-Drink (RTD) milk(fresh, low-fat and chocolate-flavored), abd UHT/Ready-to-Use All-Purpose Cream, which are all marketed under the Alaska brand name. In April 16, 2007, AMC acquired the Alphine, Liberty and Krem-Top brands, including all trademark properties, from global food giant Societe | ||
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first two cumulated quarters of 2012, total net operating revenues increased with 40.17%, from PHP 4,966,779 thousands to PHP 6,961,965 thousands. Operating result increased from PHP 505,386 thousands to PHP 838,943 thousands which means 66.00% change. The results of the period increased 55.32% reaching PHP 730,858 thousands at the end of the period against PHP 470,563 thousands last year. Return on equity (Net income/Total equity) went from 7.85% to 10.53%, the Return On Asset (Net income / Total Asset) went from 5.48% to 7.51% and the Net Profit Margin (Net Income/Net Sales) went from 9.47% to 10.50% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 40.17% compared to 43.45% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.16 to 2.46 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2012 Q2C (cons) |
2012 Q1 (cons) |
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| Non-Audited | Non-Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Total Assets |
9,730,896 |
9,429,585 |
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Current Assets |
6,835,468 |
6,527,585 |
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Total Liabilities |
2,788,562 |
2,866,754 |
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Shareholders Equity |
6,942,334 |
6,562,831 |
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Current Liabilities |
2,773,663 |
2,844,979 |
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| * All the accounts are in PHP. | ||
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Total Operating Revenue |
6,961,965 |
3,390,088 |
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Operational Profit (Loss) |
838,943 |
429,750 |
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Net Profit (Loss) |
730,858 |
362,575 |
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| * All the accounts are in PHP. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
7.51% |
3.85% |
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Annualised Return on Assets (ROA) |
15.02% |
15.4% |
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Return on Equity (ROE) |
10.53% |
5.52% |
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Annualised Return on Equity (ROE) |
21.06% |
22.08% |
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Return on Sales (ROS) |
10.5% |
10.7% |
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Return on Capital |
10.51% |
5.51% |
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Gross Profit Margin |
33.8% |
31.59% |
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Operating Profit Margin |
15.39% |
16.12% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
13.58x |
5.29x |
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Inventory Turnover |
2.25x |
1.29x |
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Current asset turnover |
1.02x |
0.52x |
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Fixed-asset turnover |
2.40x |
1.17x |
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Asset Turnover |
0.72x |
0.36x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
876,747 |
450,208 |
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EBITDA |
1,071,186 |
546,527 |
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Enterprise value |
11,696,756 |
16,749,002 |
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Enterprise Value / EBITDA |
10.92 |
30.65 |
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Bookvalue (BV) |
9,718,873 |
9,422,264 |
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Net Cash |
81,402 |
1,033,417 |
| Liquidity Ratios | ||
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Current Ratio |
246.44% |
229.44% |
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Quick ratio |
172.58% |
166.13% |
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Doom's day ratio |
102.93% |
136.32% |
| Leverage Ratios | ||
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Leverage ratio |
140.17% |
143.68% |
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Debt to equity |
40.17% |
43.68% |
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Debt to total assets |
28.66% |
30.4% |
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Long Term Debt to Capital |
1.5% |
2.18% |
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Debt / Enterprise Value |
0.1% |
0.04% |
| Market ratios | ||
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Market Capitalization/EBITDA |
13.57 |
37.73 |
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Price/Book Ratio |
1.50 |
2.19 |
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Market Cap / Net cash |
178.62 |
19.95 |
| Trend Ratios | ||
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Revenue Trend |
140.17% |
153.06% |
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Net Income Trend |
155.32% |
143.72% |
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Operating Income Trend |
170.58% |
67.19% |
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