
What smart money is saying about Ayala Corporation
2 funds in our archive have pitched Ayala Corporation — most recently Overstone Emerging Markets Equity Fund in September 2025.
Ayala Corporation engages in the real estate and hotel businesses in the Philippines and internationally. Its Real Estate and Hotels segment develops, constructs, leases, and sells residential and commercial communities; manages land bank; operates hotels, cinema, and theaters; and provides construction and property management services. The company's Financial Services and Insurance segment provides corporate, consumer, mortgage, leasing, and agri loans; deposit and cash management, asset management, online stock trading, foreign exchange and capital markets investments dealing, corporate finance and consulting, investment banking, internet banking, foreign exchange, and safety deposit services; and life, non-life, pre-need, and reinsurance services. Its Telecommunications segment offers digital wireless communication, long distance communication, broadband internet, wireline voice and data communication, and local exchange carrier services; and designs, develops, operates, administers, and manages software applications and systems. The company's Water segment manages, operates, repairs, decommissions, and refurbishes fixed and movable assets required to provide water delivery, sewerage, and sanitation, distribution, pipe works, used water management, and management services. Its Industrial Technologies segment offers electronics manufacturing, and power semiconductor assembly and testing services. The company's Power segment generates power using renewable and conventional technologies. Its Automotive, Outsourcing and Others segment manufactures, distributes, sells, repairs, and services passenger cars and commercial vehicles; provides venture capital for technology businesses; onshore and offshore outsourcing, air-chartered, consultancy, agri-business, education, human capital resource management, and health services; and invests in property companies and other projects. Ayala Corporation was founded in 1834 and is headquartered in Makati City, the Philippines.
Fund coverage · 2 theses
- Overstone Emerging Markets Equity FundSeptember 2025
Ayala Corp is an undervalued Philippine conglomerate trading at a 50% discount to its net asset value, supported by its three major holdings in real estate, banking, and telecommunications.
Read the full thesis - Third avenue Value FundSeptember 2025
Ayala Corporation is a Philippine conglomerate with significant stakes in banking, real estate, telecommunications, and power generation, trading at a multi-decade low valuation while poised for long-term growth and potential shareholder value catalysts.
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