Manila Electric Company (PSE:MER)

Market Cap	646.95B +0.7%
Revenue (ttm)	503.59B +4.8%
Net Income	51.52B +10.3%
EPS	45.70 +10.3%
Shares Out	1.13B
PE Ratio	12.56
Forward PE	12.68
Dividend	28.00 (4.88%)
Ex-Dividend Date	Mar 25, 2026

Volume	258,990
Open	574.00
Previous Close	574.00
Day's Range	570.00 - 577.50
52-Week Range	515.50 - 679.50
Beta	0.03
Analysts	Buy
Price Target	665.77 (+15.99%)
Earnings Date	Jul 28, 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...

• Industry: Electrical Utilities & IPPs
• Sector: Utilities
• Founded: 1903
• Employees: 5,815
• Stock Exchange: Philippine Stock Exchange
• Ticker Symbol: MER

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%.

Analyst Summary

According to 11 analysts, the average rating for MER stock is "Buy." The 12-month stock price target is ₱665.77, which is an increase of 15.99% from the latest price.

Price Target

₱665.77

(15.99% upside)

Analyst Consensus: Buy