Manila Electric Company (PSE:MER)

Manila Electric Company Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 24, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	631,172	550,021	449,712	336,777	332,720	329,113
Market Cap Growth	22.30%	22.30%	33.53%	1.22%	1.10%	-7.89%
Enterprise Value	674,027	606,492	487,738	375,696	370,484	331,526
PE Ratio	13.76	11.99	11.83	11.85	14.16	20.17
PS Ratio	1.34	1.17	1.01	0.79	1.04	1.20
PB Ratio	3.40	2.96	2.68	2.71	3.16	4.08
P/FCF Ratio	220.69	192.32	13.56	-	19.66	32.23
P/OCF Ratio	15.02	13.09	7.76	13.37	7.71	11.02
EV/Sales Ratio	1.43	1.29	1.10	0.88	1.16	1.20
EV/EBITDA Ratio	8.56	8.86	8.21	9.03	7.12	7.36
EV/EBIT Ratio	10.92	11.79	11.30	14.44	9.38	9.08
EV/FCF Ratio	235.67	212.06	14.70	-	21.90	32.47
Debt / Equity Ratio	0.51	0.51	0.61	0.84	0.86	0.50
Debt / EBITDA Ratio	1.39	1.39	1.72	2.51	1.74	0.89
Debt / FCF Ratio	33.17	33.17	3.08	-	5.36	3.93
Quick Ratio	0.67	0.67	0.59	0.63	0.73	0.82
Current Ratio	0.76	0.76	0.70	0.75	0.86	0.90
Asset Turnover	0.78	0.78	0.80	0.85	0.73	0.74
Return on Equity (ROE)	26.25%	26.25%	26.47%	24.92%	25.89%	19.46%
Return on Assets (ROA)	5.33%	5.33%	4.87%	3.24%	5.65%	6.11%
Return on Capital (ROIC)	11.67%	11.67%	10.82%	7.66%	15.59%	18.45%
Return on Capital Employed (ROCE)	13.50%	13.50%	12.20%	8.30%	12.30%	14.70%
Earnings Yield	7.27%	8.34%	8.46%	8.44%	7.06%	4.96%
Earnings Yield	7.27%	8.34%	8.46%	8.44%	7.06%	4.96%
FCF Yield	0.45%	0.52%	7.38%	-2.52%	5.09%	3.10%
Dividend Yield	4.20%	5.06%	5.39%	6.52%	6.27%	5.43%
Payout Ratio	51.95%	51.95%	57.05%	59.41%	58.51%	102.94%
Total Shareholder Return	4.20%	5.06%	5.39%	6.52%	6.27%	5.43%

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