Filipino Utilities Potentially Undervalued Companies

Maynilad Water Services

Market Cap: ₱148.1b

Offers water supply and wastewater services in the West Zone of the Greater Metro Manila area in the Philippines.

Manila Water Company

Market Cap: ₱107.9b

Provides water treatment and distribution, sewerage, and sanitation services in the Philippines, Indonesia, Vietnam, and the Kingdom of Saudi Arabia.

Jolliville Holdings

Market Cap: ₱847.3m

Engages in leasing, management services, property development, land banking, local waterworks system, business process outsourcing, and power generation businesses in the Philippines.

Aboitiz Equity Ventures

Market Cap: ₱181.9b

Through its subsidiaries, engages in power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence businesses in the Philippines and rest of Asia.

Alsons Consolidated Resources

Market Cap: ₱4.4b

An investment holding company, engages in the energy and power, property development, and other investment businesses in the Philippines.

Manila Electric

Market Cap: ₱670.6b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Aboitiz Power

Market Cap: ₱324.3b

Through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines.

First Gen

Market Cap: ₱67.6b

Engages in the power generation business in the Philippines.

SPC Power

Market Cap: ₱15.4b

Generates, distributes, and sells electricity in the Philippines.