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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 9, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	455,796	449,712	336,777	332,720	329,113	357,290
Market Cap Growth	9.25%	33.53%	1.22%	1.10%	-7.89%	-16.58%
Enterprise Value	514,438	487,738	375,696	370,484	331,526	338,861
PE Ratio	10.70	11.18	10.52	12.02	16.36	11.71
PS Ratio	1.00	1.01	0.79	1.04	1.20	1.12
PB Ratio	3.38	2.69	2.71	3.16	4.08	4.19
P/FCF Ratio	8.91	13.56	-39.71	19.66	32.23	15.71
P/OCF Ratio	5.72	7.76	13.37	7.71	11.02	8.47
EV/Sales Ratio	1.13	1.10	0.88	1.16	1.20	1.06
EV/EBITDA Ratio	6.78	8.21	9.03	7.12	7.36	6.86
EV/EBIT Ratio	8.73	11.30	14.44	9.38	9.08	8.19
EV/FCF Ratio	10.06	14.70	-44.30	21.89	32.47	14.90
Debt / Equity Ratio	0.56	0.61	0.84	0.86	0.50	0.48
Debt / EBITDA Ratio	1.54	1.72	2.51	1.74	0.89	0.84
Debt / FCF Ratio	1.99	3.08	-12.30	5.36	3.93	1.81
Quick Ratio	0.59	0.59	0.62	0.73	0.82	0.82
Current Ratio	0.70	0.70	0.75	0.86	0.90	0.92
Asset Turnover	0.80	0.80	0.85	0.73	0.74	0.92
Return on Equity (ROE)	27.79%	26.54%	24.92%	25.89%	19.46%	27.80%
Return on Assets (ROA)	5.36%	4.88%	3.24%	5.65%	6.11%	7.46%
Return on Capital (ROIC)	11.89%	10.84%	7.66%	15.59%	18.45%	20.73%
Earnings Yield	9.35%	8.45%	8.44%	7.06%	4.96%	6.52%
FCF Yield	11.22%	7.38%	-2.52%	5.09%	3.10%	6.36%
Dividend Yield	5.32%	5.24%	6.34%	6.10%	5.29%	4.37%
Payout Ratio	51.59%	57.05%	59.41%	58.51%	102.94%	48.62%
Total Shareholder Return	5.32%	5.24%	6.34%	6.10%	5.29%	4.37%

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