Manila Electric Company (PSE:MER)

Manila Electric Company Statistics

Total Valuation

PSE:MER has a market cap or net worth of PHP 616.52 billion. The enterprise value is 766.27 billion.

Market Cap	616.52B
Enterprise Value	766.27B

Important Dates

The last earnings date was Monday, July 28, 2025.

Earnings Date	Jul 28, 2025
Ex-Dividend Date	Aug 26, 2025

Share Statistics

PSE:MER has 1.13 billion shares outstanding.

Current Share Class	1.13B
Shares Outstanding	1.13B
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.23%
Owned by Institutions (%)	2.87%
Float	244.52M

Valuation Ratios

The trailing PE ratio is 13.10 and the forward PE ratio is 11.61.

PE Ratio	13.10
Forward PE	11.61
PS Ratio	1.29
PB Ratio	3.08
P/TBV Ratio	5.45
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.85, with an EV/FCF ratio of -22.01.

EV / Earnings	16.29
EV / Sales	1.60
EV / EBITDA	9.85
EV / EBIT	12.44
EV / FCF	-22.01

Financial Position

The company has a current ratio of 0.79, with a Debt / Equity ratio of 1.03.

Current Ratio	0.79
Quick Ratio	0.70
Debt / Equity	1.03
Debt / EBITDA	3.18
Debt / FCF	-5.88
Interest Coverage	7.28

Financial Efficiency

Return on equity (ROE) is 25.07% and return on invested capital (ROIC) is 8.77%.

Return on Equity (ROE)	25.07%
Return on Assets (ROA)	4.36%
Return on Invested Capital (ROIC)	8.77%
Return on Capital Employed (ROCE)	9.48%
Revenue Per Employee	82.22M
Profits Per Employee	8.09M
Employee Count	5,815
Asset Turnover	0.69
Inventory Turnover	30.56

Taxes

In the past 12 months, PSE:MER has paid 9.49 billion in taxes.

Income Tax	9.49B
Effective Tax Rate	16.56%

Stock Price Statistics

The stock price has increased by +31.49% in the last 52 weeks. The beta is -0.05, so PSE:MER's price volatility has been lower than the market average.

Beta (5Y)	-0.05
52-Week Price Change	+31.49%
50-Day Moving Average	540.49
200-Day Moving Average	516.95
Relative Strength Index (RSI)	53.16
Average Volume (20 Days)	249,778

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, PSE:MER had revenue of PHP 478.10 billion and earned 47.05 billion in profits. Earnings per share was 41.75.

Revenue	478.10B
Gross Profit	97.55B
Operating Income	48.28B
Pretax Income	57.30B
Net Income	47.05B
EBITDA	64.49B
EBIT	48.28B
Earnings Per Share (EPS)	41.75

Balance Sheet

The company has 101.10 billion in cash and 204.92 billion in debt, giving a net cash position of -103.82 billion or -92.11 per share.

Cash & Cash Equivalents	101.10B
Total Debt	204.92B
Net Cash	-103.82B
Net Cash Per Share	-92.11
Equity (Book Value)	199.85B
Book Value Per Share	136.57
Working Capital	-52.33B

Cash Flow

In the last 12 months, operating cash flow was 41.74 billion and capital expenditures -76.56 billion, giving a free cash flow of -34.82 billion.

Operating Cash Flow	41.74B
Capital Expenditures	-76.56B
Free Cash Flow	-34.82B
FCF Per Share	-30.89

Margins

Gross margin is 20.40%, with operating and profit margins of 10.10% and 9.84%.

Gross Margin	20.40%
Operating Margin	10.10%
Pretax Margin	11.99%
Profit Margin	9.84%
EBITDA Margin	13.49%
EBIT Margin	10.10%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 24.03, which amounts to a dividend yield of 4.39%.

Dividend Per Share	24.03
Dividend Yield	4.39%
Dividend Growth (YoY)	16.41%
Years of Dividend Growth	3
Payout Ratio	54.03%
Buyback Yield	n/a
Shareholder Yield	4.39%
Earnings Yield	7.63%
FCF Yield	-5.65%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 5, 2007. It was a forward split with a ratio of 1.1.

Last Split Date	Sep 5, 2007
Split Type	Forward
Split Ratio	1.1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4