Philippines · Delayed Price · Currency is PHP Manila Electric Company Statistics
Total Valuation
PSE:MER has a market cap or net worth of PHP 646.95 billion. The enterprise value is 822.76 billion.
| Market Cap | 646.95B |
| Enterprise Value | 822.76B |
Important Dates
The next estimated earnings date is Tuesday, July 28, 2026.
| Earnings Date | Jul 28, 2026 |
| Ex-Dividend Date | Mar 25, 2026 |
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 (%) | 2.64% |
| Float | 197.83M |
Valuation Ratios
The trailing PE ratio is 12.56 and the forward PE ratio is 12.68. PSE:MER's PEG ratio is 1.76.
| PE Ratio | 12.56 |
| Forward PE | 12.68 |
| PS Ratio | 1.28 |
| PB Ratio | 2.98 |
| P/TBV Ratio | 5.14 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.83 |
| PEG Ratio | 1.76 |
Enterprise Valuation
| EV / Earnings | 15.97 |
| EV / Sales | 1.63 |
| EV / EBITDA | 10.15 |
| EV / EBIT | 12.82 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.85, with a Debt / Equity ratio of 1.10.
| Current Ratio | 0.85 |
| Quick Ratio | 0.73 |
| Debt / Equity | 1.10 |
| Debt / EBITDA | 3.80 |
| Debt / FCF | -6.82 |
| Interest Coverage | 5.27 |
Financial Efficiency
Return on equity (ROE) is 25.11% and return on invested capital (ROIC) is 6.88%.
| Return on Equity (ROE) | 25.11% |
| Return on Assets (ROA) | 3.66% |
| Return on Invested Capital (ROIC) | 6.88% |
| Return on Capital Employed (ROCE) | 7.89% |
| Weighted Average Cost of Capital (WACC) | 4.02% |
| Revenue Per Employee | 86.60M |
| Profits Per Employee | 8.86M |
| Employee Count | 5,815 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 36.82 |
Taxes
In the past 12 months, PSE:MER has paid 12.71 billion in taxes.
| Income Tax | 12.71B |
| Effective Tax Rate | 19.93% |
Stock Price Statistics
The stock price has increased by +8.30% in the last 52 weeks. The beta is 0.03, so PSE:MER's price volatility has been lower than the market average.
| Beta (5Y) | 0.03 |
| 52-Week Price Change | +8.30% |
| 50-Day Moving Average | 617.37 |
| 200-Day Moving Average | 587.26 |
| Relative Strength Index (RSI) | 37.88 |
| Average Volume (20 Days) | 724,113 |
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 503.59 billion and earned 51.52 billion in profits. Earnings per share was 45.70.
| Revenue | 503.59B |
| Gross Profit | 96.18B |
| Operating Income | 45.86B |
| Pretax Income | 63.77B |
| Net Income | 51.52B |
| EBITDA | 62.79B |
| EBIT | 45.86B |
| Earnings Per Share (EPS) | 45.70 |
Balance Sheet
The company has 113.07 billion in cash and 238.35 billion in debt, with a net cash position of -125.29 billion or -111.16 per share.
| Cash & Cash Equivalents | 113.07B |
| Total Debt | 238.35B |
| Net Cash | -125.29B |
| Net Cash Per Share | -111.16 |
| Equity (Book Value) | 216.87B |
| Book Value Per Share | 147.59 |
| Working Capital | -36.18B |
Cash Flow
In the last 12 months, operating cash flow was 65.83 billion and capital expenditures -100.76 billion, giving a free cash flow of -34.93 billion.
| Operating Cash Flow | 65.83B |
| Capital Expenditures | -100.76B |
| Depreciation & Amortization | 17.42B |
| Net Borrowing | 49.89B |
| Free Cash Flow | -34.93B |
| FCF Per Share | -30.99 |
Margins
Gross margin is 19.10%, with operating and profit margins of 9.11% and 10.23%.
| Gross Margin | 19.10% |
| Operating Margin | 9.11% |
| Pretax Margin | 12.66% |
| Profit Margin | 10.23% |
| EBITDA Margin | 12.47% |
| EBIT Margin | 9.11% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 28.00, which amounts to a dividend yield of 4.88%.
| Dividend Per Share | 28.00 |
| Dividend Yield | 4.88% |
| Dividend Growth (YoY) | 16.52% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 54.11% |
| Buyback Yield | n/a |
| Shareholder Yield | 4.88% |
| Earnings Yield | 7.96% |
| FCF Yield | -5.40% |
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 |
Analyst Forecast
The average price target for PSE:MER is 665.77, which is 15.99% higher than the current price. The consensus rating is "Buy".
| Price Target | 665.77 |
| Price Target Difference | 15.99% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | 4.36% |
| EPS Growth Forecast (3Y) | 8.12% |
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 |