Is DMCI Stock a Good Buy in 2025? A Guide for Filipino Investors

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At HelloSafe, our expert has been tracking the performance of DMCI for over three years. Every month, hundreds of thousands of users in the Philippines trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by DMCI.

What is DMCI?

The DMCI stock price

The price of DMCI stock is falling this week. As of now, DMCI trades at PHP 11.00 with a 24-hour decrease of 0.90%, and a 0.9% dip over the past week. The company has a market capitalization of PHP 147.4 billion and a 3-month average trading volume of 3.1 million shares. DMCI features a Price/Earnings Ratio of 7.9x, an attractive dividend yield of 9.8%, and an exceptionally low beta of 0.096, indicating minimal price volatility. This offers a compelling blend of income and defensive stability for Philippine investors seeking reliable stock opportunities.

Our full analysis of DMCI stock

We have conducted a comprehensive review of DMCI’s most recent financial results and stock performance over the past three years, leveraging a proprietary fusion of fundamental and technical analysis, in-depth market intelligence, and advanced peer benchmarking. By incorporating data from key financial indicators, trading patterns, sector and macroeconomic trends, as well as competitor analysis, our process aims to provide actionable perspectives. So, why might DMCI stock once again become a strategic entry point into the Philippine conglomerate and infrastructure sector in 2025?

Recent performance and market context

DMCI’s stock has demonstrated resilience and adaptability in varying market environments—a trait increasingly sought-after by investors navigating regional uncertainty. As of July 2025, DMCI trades at PHP 11.00, with a market capitalization of PHP 147.4 billion. While the past week saw a moderate pullback of -0.9%, the stock has recorded a solid +3.0% gain over the last six months and a modest 0.73% increase year-over-year. This stability, despite challenging external conditions, reveals strong underlying demand for DMCI’s diversified exposure to construction, real estate, mining, energy, and water utilities. Recent developments—most notably the completed acquisition of Cemex Asian South East and a fully realized expansion of the Zambales Chromite Mining Company—have laid the groundwork for accelerated growth and sector leadership. These strategic moves are complemented by regulatory tailwinds and increased government investment in Philippine infrastructure, providing a compelling macro backdrop for DMCI’s continued expansion.

Technical analysis

The technical structure of DMCI is robust, signaling latent bullish potential for investors attentive to momentum shifts. Current technical indicators present an intriguing mix: the 14-day RSI sits at 44.4, modestly in oversold territory and pointing toward buildable upside; the MACD, at 0.010, has moved back into positive territory, indicating an early-stage bullish reversal. Moving averages reinforce this position—the 20-day and 50-day averages are slightly above the current price with short-term sell signals, but both the 100-day (PHP 10.844) and 200-day (PHP 10.702) moving averages support a buy signal. Notably, DMCI hovers near a major support at PHP 10.50, providing a technical floor that may attract value-oriented entries. The upper resistance levels at PHP 11.60 and PHP 12.40, near the 52-week high, serve as natural near- and medium-term price targets. Volume patterns are generally constructive, with bullish momentum likely to build upon any breach of these resistance thresholds.

Fundamental analysis

From a fundamental perspective, DMCI stands out as one of the most attractively valued large-cap stocks in the PSE. Q1 2025 revenue surged 16.14% year-on-year to PHP 31.86 billion, and although net profit declined 9% to PHP 5.1 billion—primarily due to integration costs and raw material volatility—the underlying business remains highly profitable and cash-generative. The reported EPS of PHP 0.38 reflects temporary margin compression, but the forward consensus anticipates normalization as new business units scale and operational synergies of recent acquisitions are realized. The current price-to-earnings ratio of 7.9x trades well below the market average, offering significant room for multiple expansion as earnings momentum returns. Furthermore, the dividend yield stands at a remarkable 9.8%. This unusually high payout, compared with both local and regional peers, not only demonstrates DMCI’s capacity to generate steady free cash flow but also positions the stock as a compelling option for income-focused investors. Structurally, DMCI boasts deep-rooted strengths: its brand has dominated Philippine construction since 1954, while its successful implementation of diversification across water, energy, and property sectors has proven a powerful buffer against sectoral downcycles and economic shocks.

Volume and liquidity

Another cornerstone of DMCI’s investment case is its robust liquidity profile. The 3-month average daily trading volume of 3.1 million shares underscores palpable market confidence and ease of entry and exit for institutional and sophisticated investors. The current public float, at 25.91%, ensures an ample supply of shares without excessive dilution, fostering dynamic and efficient price discovery. Against a backdrop of significant share buybacks by executive insiders—a reliable positive signal in Philippine equities—liquidity remains a key enabler for both accumulating positions at technical lows and realizing capital gains upon fundamental inflection.

Catalysts and positive outlook

DMCI enters the second half of 2025 with a suite of bullish operational and strategic catalysts. The full integration of Cemex Asian South East is expected to unlock substantial revenue and cost synergies, expanding DMCI’s materials portfolio and strengthening its vertical integration from extraction to finished product. In real estate, DMCI Homes recorded a 56% earnings jump in Q1, reflecting sustained demand for affordable and mid-market housing in rapidly urbanizing regions. Maynilad, DMCI’s water subsidiary, boosted profits by 39%, highlighting resilience and growth in essential utilities. Mining operations, which had temporarily lagged amid volatility in commodity pricing, returned to profitability with PHP 409 million in Q1. Apart from organic growth, these segments are well positioned for external drivers such as the Philippine government’s infrastructure pipeline, a rebound in construction activity, and a continued global focus on resilient supply chains. ESG (environmental, social, and governance) advances, including more stringent sustainability reporting and responsible mining initiatives, are enhancing DMCI’s long-term profile and appeal to a broader investor base, particularly as green investing continues to gather momentum both locally and internationally.

Investment strategies

• Short-term: Technical patterns and momentum build-ups around the PHP 10.50–11.00 support zone create constructive setups for tactical traders anticipating breakouts toward the PHP 11.60 and PHP 12.40 resistance levels.
• Medium-term: Integration benefits from Cemex and growth in core businesses are likely to drive earnings surprises and further multiple rerating over the next few quarters. Holding through these catalysts allows investors to benefit from both dividend accruals and capital appreciation.
• Long-term: For income-oriented investors, DMCI’s consistently high dividend yield—backed by diversified cash flows and leadership in resilient sectors—offers an attractive total return profile. Its dominant market share, strong management, and embedded secular growth drivers enhance conviction for a buy-and-hold strategy, especially as the Philippine infrastructure and property cycle remain robust.

Is it the right time to buy DMCI?

In summary, DMCI offers investors a rare blend of value, yield, and growth potential at a time of pronounced opportunity in the Philippine equity market. The company’s fundamentally sound base, attractive valuation, high and sustainable dividend payout, sector-diversified resilience, and multiple near-term catalysts all point toward a potentially powerful upside scenario. Technical structure and liquidity further support dynamic entry and exit strategies, while management actions—including insider share purchases—underscore confidence at the highest levels. As DMCI capitalizes on operational integration, sectoral tailwinds, and a sustained national infrastructure push, the stock seems to represent an excellent opportunity for both new and existing investors seeking to position at the heart of the Philippines’ next growth wave. Given this foundation, the DMCI story is increasingly difficult to ignore for anyone looking to capture a compelling blend of stability, yield, and upside in the local market.

How to buy DMCI stock in the Philippines?

Buying DMCI stock online is a simple and secure process for Philippine investors, thanks to regulated local and international brokers. You can purchase DMCI shares directly (“spot buying”) for long-term ownership, or use Contracts for Difference (CFDs) to trade the price movements without owning shares. Each method offers distinct advantages and is accessible via reputable online platforms. For more details on broker options and how they compare, please see the comparison guide further down the page.

Spot buying

A cash purchase means you buy actual DMCI shares and become a shareholder, entitling you to dividends and voting rights. Typical fees include a fixed brokerage commission per transaction, often around PHP 100–150 (approximately $2–$3), plus minimal clearing and PSE charges.

Gain scenario:

If the DMCI share price is PHP 11.00, you can buy around 90 shares with a $1,000 stake (about PHP 56,000), including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading lets you speculate on DMCI stock price movements without owning the shares. You pay a spread (difference between buy and sell prices) and, if you hold positions overnight, small financing fees apply. CFDs allow leverage, multiplying your potential gains (and risks).

CFD Position Gain Scenario

You open a CFD position on DMCI shares, with 5x leverage.

This gives you a market exposure of $5,000.

Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before investing, always compare brokerage fees, trading platforms, and service features to choose what best suits your needs. The decision between spot buying and CFD trading depends on whether your objective is long-term investment, dividend collection, or short-term strategies. For a tailored broker comparison, check the section provided further down the page.

Our 7 tips for buying DMCI stock

The latest news about DMCI

DMCI shares remain resilient with a stable market capitalization and strong dividend yield near 10%. The stock is trading at PHP 11.00 as of July 9, 2025, with a market cap of PHP 147.4 billion and a highly competitive 9.8% dividend yield—among the highest in the Philippine market—offering consistent income for local investors seeking stability.

Revenue growth of 16% year-on-year in Q1 2025 highlights operational strength across diversified segments. Despite headwinds in net profitability, DMCI’s top-line expansion was driven by solid performance in construction, real estate, water services (Maynilad, +39%), and mining. This consistent revenue growth supports ongoing capital expenditure and reinforces the company’s leadership in key infrastructure sectors of the Philippines.

DMCI Homes recorded a remarkable 56% sales increase in the first quarter of 2025. The property development arm’s outperformance underscores robust demand in the domestic residential market. This growth is expected to contribute meaningful cash flows and profit improvements for the holding company in the upcoming quarters, strengthening its position as a trusted developer in the Philippines.

Integration of Cemex Asian South East is progressing, expanding DMCI’s construction and materials footprint. The full integration in December 2024 extended DMCI’s access to the building materials sector—a positive for both operational synergies and market capture. Management remains confident in extracting value despite near-term operating losses at Cemex, signaling a medium-term growth catalyst.

Recent executive share purchases affirm management’s confidence in DMCI’s future. Several insiders have bought DMCI stock in recent days, an encouraging signal viewed favorably by institutional investors and analysts. Combined with technical indicators hovering near key support levels, this move provides additional reassurance about DMCI’s intrinsic value and upside potential.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.