Manila Water Company Ratios and Metrics

Market cap in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	123,327	119,202	79,744	54,889	62,685	81,300
Market Cap Growth	39.19%	49.48%	45.28%	-12.44%	-22.90%	106.41%
Enterprise Value	252,485	227,877	176,648	135,850	136,219	134,206
PE Ratio	7.79	7.54	7.60	9.81	10.58	22.13
PS Ratio	3.07	2.97	2.18	1.79	2.76	3.98
PB Ratio	1.30	1.25	1.03	0.78	0.85	1.19
P/FCF Ratio	25.89	25.03	-	21.41	-	-
P/OCF Ratio	22.50	21.75	89.35	12.18	-	-
EV/Sales Ratio	6.29	5.68	4.83	4.43	5.99	6.57
EV/EBITDA Ratio	8.58	8.13	7.20	6.85	11.30	11.85
EV/EBIT Ratio	10.37	9.87	9.09	8.68	15.12	17.44
EV/FCF Ratio	53.01	47.84	-	52.99	-	-
Debt / Equity Ratio	1.39	1.39	1.38	1.42	1.16	1.05
Debt / EBITDA Ratio	4.69	4.69	4.34	5.00	7.08	6.34
Debt / FCF Ratio	27.75	27.75	-	38.90	-	-
Net Debt / Equity Ratio	1.32	1.32	1.29	1.27	1.04	0.85
Net Debt / EBITDA Ratio	4.47	4.47	4.05	4.48	6.34	5.14
Net Debt / FCF Ratio	26.30	26.30	-588.63	34.70	-9.35	-37.77
Quick Ratio	0.19	0.19	0.38	0.38	0.53	0.86
Current Ratio	0.24	0.24	0.46	0.43	0.63	0.99
Asset Turnover	0.15	0.15	0.17	0.15	0.13	0.13
Return on Equity (ROE)	19.26%	19.26%	14.88%	8.18%	8.67%	5.87%
Return on Assets (ROA)	5.47%	5.47%	5.55%	4.83%	3.13%	2.99%
Return on Capital Employed (ROCE)	9.90%	9.90%	9.80%	9.10%	5.30%	5.30%
Earnings Yield	12.82%	13.26%	13.17%	10.19%	9.45%	4.52%
FCF Yield	3.86%	4.00%	-0.21%	4.67%	-13.04%	-1.89%
Dividend Yield	4.86%	4.63%	6.94%	7.17%	6.38%	2.67%
Payout Ratio	34.62%	34.62%	32.10%	37.06%	21.68%	50.74%
Buyback Yield / Dilution	-0.15%	-0.15%	-0.08%	10.09%	0.08%	-33.27%
Total Shareholder Return	4.72%	4.48%	6.86%	17.25%	6.46%	-30.60%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.