Manila Electric Company (MERVF)

Manila Electric Company Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 13, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	11,602	9,470	8,118	6,051	6,462	6,851
Market Cap Growth	24.41%	16.66%	34.16%	-6.36%	-5.68%	-2.75%
Enterprise Value	14,699	10,442	8,804	6,750	7,195	6,901
PE Ratio	13.81	11.99	11.83	11.85	14.16	20.17
PS Ratio	1.39	1.17	1.01	0.79	1.04	1.20
PB Ratio	3.04	2.96	2.68	2.71	3.16	4.08
P/FCF Ratio	-	192.32	13.56	-	19.66	32.23
P/OCF Ratio	15.03	13.09	7.76	13.37	7.71	11.02
EV/Sales Ratio	1.76	1.29	1.10	0.88	1.16	1.20
EV/EBITDA Ratio	9.94	8.86	8.21	9.03	7.12	7.36
EV/EBIT Ratio	12.21	11.79	11.30	14.44	9.38	9.08
EV/FCF Ratio	-16.36	212.06	14.70	-	21.90	32.47
Debt / Equity Ratio	0.96	0.51	0.61	0.84	0.86	0.50
Debt / EBITDA Ratio	3.02	1.39	1.72	2.51	1.74	0.89
Debt / FCF Ratio	-	33.17	3.08	-	5.36	3.93
Net Debt / Equity Ratio	0.56	0.01	0.07	0.25	0.17	-0.23
Net Debt / EBITDA Ratio	1.75	0.02	0.20	0.73	0.35	-0.42
Net Debt / FCF Ratio	-2.37	0.55	0.36	-3.59	1.07	-1.84
Quick Ratio	0.71	0.67	0.59	0.63	0.73	0.82
Current Ratio	0.81	0.76	0.70	0.75	0.86	0.90
Asset Turnover	0.71	0.78	0.80	0.85	0.73	0.74
Return on Equity (ROE)	25.14%	26.25%	26.47%	24.92%	25.89%	19.46%
Return on Assets (ROA)	4.94%	5.33%	4.87%	3.24%	5.65%	6.11%
Return on Capital Employed (ROCE)	10.10%	13.50%	12.20%	8.30%	12.30%	14.70%
Earnings Yield	7.24%	8.34%	8.46%	8.44%	7.06%	4.96%
FCF Yield	-7.74%	0.52%	7.38%	-2.52%	5.09%	3.10%
Dividend Yield	4.28%	5.21%	-	5.93%	5.82%	5.11%
Payout Ratio	53.71%	51.95%	57.05%	59.41%	58.51%	102.94%
Total Shareholder Return	4.28%	5.21%	-	5.93%	5.82%	5.11%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.