Manila Electric Company (PSE:MER)

Philippines flag Philippines · Delayed Price · Currency is PHP
576.00
-1.00 (-0.17%)
At close: Jul 9, 2026
Market Cap649.21B +5.1%
Revenue (ttm)503.59B +4.8%
Net Income51.52B +10.3%
EPS45.70 +10.3%
Shares Out 1.13B
PE Ratio12.60
Forward PE12.72
Dividend28.00 (4.85%)
Ex-Dividend DateMar 25, 2026
Volume145,880
Open581.00
Previous Close577.00
Day's Range575.00 - 581.00
52-Week Range515.50 - 679.50
Beta0.03
AnalystsBuy
Price Target663.67 (+15.22%)
Earnings DateJul 29, 2026

About Manila Electric Company

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. It operates in Power and Other Services segments. The company generates power with a total capacity of 2,436 megawatts of coal, liquid natural gas, renewable, and diesel plants. It offers power to industrial, commercial, and residential customers in cities and municipalities, including Bulacan, Cavite, Metro Manila, and Rizal, as well as cities, municipalities, and barangays in the provinces of Batangas... [Read more]

Industry Electrical Utilities & IPPs
Sector Utilities
Founded 1903
Employees 5,815
Stock Exchange Philippine Stock Exchange
Ticker Symbol MER
Full Company Profile

Financial Performance

In 2025, Manila Electric Company's revenue was 497.33 billion, an increase of 5.73% compared to the previous year's 470.36 billion. Earnings were 51.13 billion, an increase of 11.49%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for MER stock is "Buy." The 12-month stock price target is ₱663.67, which is an increase of 15.22% from the latest price.

Price Target
₱663.67
(15.22% upside)
Analyst Consensus: Buy
Stock Forecasts