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	Mar 11, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	574,254	550,021	449,712	336,777	332,720	329,113
Market Cap Growth	22.31%	22.31%	33.53%	1.22%	1.10%	-7.89%
Enterprise Value	617,109	606,492	487,738	375,696	370,484	331,526
PE Ratio	12.52	11.99	11.83	11.85	14.16	20.17
PS Ratio	1.22	1.17	1.01	0.79	1.04	1.20
PB Ratio	3.97	2.96	2.68	2.71	3.16	4.08
P/FCF Ratio	200.79	192.32	13.56	-	19.66	32.23
P/OCF Ratio	13.09	13.09	7.76	13.37	7.71	11.02
EV/Sales Ratio	1.31	1.29	1.10	0.88	1.16	1.20
EV/EBITDA Ratio	7.84	8.86	8.21	9.03	7.12	7.36
EV/EBIT Ratio	10.00	11.79	11.30	14.44	9.38	9.08
EV/FCF Ratio	215.77	212.06	14.70	-	21.89	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	0.62	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)	26.26%	26.26%	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)	13.48%	13.48%	12.17%	8.30%	12.27%	14.74%
Earnings Yield	7.99%	8.34%	8.45%	8.44%	7.06%	4.96%
Earnings Yield	7.99%	8.34%	8.45%	8.44%	7.06%	4.96%
FCF Yield	0.50%	0.52%	7.38%	-2.52%	5.09%	3.10%
Dividend Yield	4.95%	4.92%	5.24%	6.34%	6.10%	5.29%
Payout Ratio	51.95%	51.95%	57.05%	59.41%	58.51%	102.94%
Total Shareholder Return	4.95%	4.92%	5.24%	6.34%	6.10%	5.29%

Source: S&P Capital IQ. Utility template. Financial Sources.