Philippines · Delayed Price · Currency is PHP Manila Electric Company Statistics
Total Valuation
PSE:MER has a market cap or net worth of PHP 494.79 billion. The enterprise value is 670.06 billion.
| Market Cap | 494.79B |
| Enterprise Value | 670.06B |
Important Dates
The last earnings date was Wednesday, October 28, 2026.
| Earnings Date | Oct 28, 2026 |
| Ex-Dividend Date | Aug 27, 2026 |
Share Statistics
PSE:MER has 1.13 billion shares outstanding. The number of shares has decreased by -0.12% in one year.
| Current Share Class | 1.13B |
| Shares Outstanding | 1.13B |
| Shares Change (YoY) | -0.12% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 0.60% |
| Owned by Institutions (%) | 2.68% |
| Float | 172.25M |
Valuation Ratios
The trailing PE ratio is 8.39 and the forward PE ratio is 8.51. PSE:MER's PEG ratio is 1.06.
| PE Ratio | 8.39 |
| Forward PE | 8.51 |
| PS Ratio | 0.87 |
| PB Ratio | 2.15 |
| P/TBV Ratio | 3.50 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 8.11 |
| PEG Ratio | 1.06 |
Enterprise Valuation
| EV / Earnings | 11.37 |
| EV / Sales | 1.18 |
| EV / EBITDA | 7.59 |
| EV / EBIT | 9.42 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 1.08.
| Current Ratio | 0.94 |
| Quick Ratio | 0.81 |
| Debt / Equity | 1.08 |
| Debt / EBITDA | 3.53 |
| Debt / FCF | n/a |
| Interest Coverage | 6.01 |
Financial Efficiency
Return on equity (ROE) is 25.11% and return on invested capital (ROIC) is 7.24%.
| Return on Equity (ROE) | 25.11% |
| Return on Assets (ROA) | 3.87% |
| Return on Invested Capital (ROIC) | 7.24% |
| Return on Capital Employed (ROCE) | 8.26% |
| Weighted Average Cost of Capital (WACC) | 3.97% |
| Revenue Per Employee | 97.78M |
| Profits Per Employee | 10.13M |
| Employee Count | 5,815 |
| Asset Turnover | 0.67 |
| Inventory Turnover | 38.10 |
Taxes
In the past 12 months, PSE:MER has paid 14.34 billion in taxes.
| Income Tax | 14.34B |
| Effective Tax Rate | 19.30% |
Stock Price Statistics
The stock price has decreased by -19.45% 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 | -19.45% |
| 50-Day Moving Average | 446.44 |
| 200-Day Moving Average | 551.20 |
| Relative Strength Index (RSI) | 50.34 |
| Average Volume (20 Days) | 361,700 |
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 568.60 billion and earned 58.93 billion in profits. Earnings per share was 52.34.
| Revenue | 568.60B |
| Gross Profit | 102.35B |
| Operating Income | 52.86B |
| Pretax Income | 74.29B |
| Net Income | 58.93B |
| EBITDA | 70.05B |
| EBIT | 52.86B |
| Earnings Per Share (EPS) | 52.34 |
Balance Sheet
The company has 120.05 billion in cash and 247.45 billion in debt, with a net cash position of -127.40 billion or -113.03 per share.
| Cash & Cash Equivalents | 120.05B |
| Total Debt | 247.45B |
| Net Cash | -127.40B |
| Net Cash Per Share | -113.03 |
| Equity (Book Value) | 229.63B |
| Book Value Per Share | 161.26 |
| Working Capital | -15.82B |
Cash Flow
In the last 12 months, operating cash flow was 60.99 billion and capital expenditures -97.68 billion, giving a free cash flow of -36.70 billion.
| Operating Cash Flow | 60.99B |
| Capital Expenditures | -97.68B |
| Depreciation & Amortization | 17.03B |
| Net Borrowing | 42.84B |
| Free Cash Flow | -36.70B |
| FCF Per Share | -32.56 |
Margins
Gross margin is 18.00%, with operating and profit margins of 9.30% and 10.36%.
| Gross Margin | 18.00% |
| Operating Margin | 9.30% |
| Pretax Margin | 13.07% |
| Profit Margin | 10.36% |
| EBITDA Margin | 12.32% |
| EBIT Margin | 9.30% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 28.00, which amounts to a dividend yield of 6.38%.
| Dividend Per Share | 28.00 |
| Dividend Yield | 6.38% |
| Dividend Growth (YoY) | 13.43% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 54.31% |
| FCF Payout Ratio | n/a |
| Buyback Yield | 0.12% |
| Shareholder Yield | 6.50% |
| Earnings Yield | 11.92% |
| FCF Yield | -7.42% |
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 | |
| Graham Formula Value | |
| Graham Formula Upside |
Analyst Forecast
The average price target for PSE:MER is 630.12, which is 43.54% higher than the current price. The consensus rating is "Buy".
| Price Target | 630.12 |
| Price Target Difference | 43.54% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (3Y) | 4.62% |
| EPS Growth Forecast (3Y) | 7.07% |
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 | 5 |