Manila Water Company Future Growth

Future criteria checks 4/6

Manila Water Company se prevé un crecimiento anual de los beneficios y los ingresos de 34.4% y 12.1% respectivamente. Se prevé que el BPA sea de grow en 27.3% al año. Se prevé que la rentabilidad de los fondos propios sea de 13.2% en 3 años.

Key information

25.2%

Earnings growth rate

26.4%

EPS growth rate

Water Utilities earnings growth	12.4%
Revenue growth rate	10.7%
Future return on equity	13.4%
Analyst coverage	Low
Last updated	28 Mar 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

PSE:MWC - Analysts future estimates and past financials data (PHP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	42,300	12,696	2,825	4,487	2
12/31/2025	39,093	12,117	-1,588	2,915	4
12/31/2024	35,368	11,064	-1,066	499	4
12/31/2023	30,639	5,594	2,564	4,507	N/A
9/30/2023	29,228	8,665	423	3,020	N/A
6/30/2023	27,267	8,058	-625	1,336	N/A
3/31/2023	24,986	7,119	-3,725	-2,158	N/A
12/31/2022	22,753	5,929	-8,174	-7,071	N/A
9/30/2022	21,821	4,823	-6,708	-6,231	N/A
6/30/2022	21,164	3,873	-6,420	-5,441	N/A
3/31/2022	20,729	3,486	-6,002	-4,966	N/A
12/31/2021	20,435	3,688	-1,540	-20	N/A
9/30/2021	20,321	4,980	-1,540	126	N/A
6/30/2021	20,428	4,912	252	2,042	N/A
3/31/2021	20,407	4,478	-1,511	-67	N/A
12/31/2020	21,336	4,870	-1,524	-201	N/A
9/30/2020	21,557	5,370	-1,099	690	N/A
6/30/2020	21,901	6,505	-2,703	-860	N/A
3/31/2020	21,968	6,459	-1,888	-291	N/A
12/31/2019	21,512	5,552	-1,236	187	N/A
9/30/2019	21,022	5,071	1,205	2,421	N/A
6/30/2019	20,288	4,717	1,472	2,418	N/A
3/31/2019	20,062	5,627	3,118	4,435	N/A
12/31/2018	19,503	6,747	1,944	3,298	N/A
9/30/2018	19,617	6,181	-899	-77	N/A
6/30/2018	19,327	6,482	-1,384	-496	N/A
3/31/2018	18,869	6,387	-2,725	-1,258	N/A
12/31/2017	18,399	6,147	-1,457	-158	N/A
9/30/2017	17,723	6,085	N/A	720	N/A
6/30/2017	17,740	6,147	N/A	697	N/A
3/31/2017	17,662	6,033	N/A	1,998	N/A
12/31/2016	17,629	6,065	N/A	1,385	N/A
9/30/2016	17,454	6,225	N/A	2,840	N/A
6/30/2016	17,115	6,059	N/A	4,363	N/A
3/31/2016	16,980	5,994	N/A	3,522	N/A
12/31/2015	16,798	5,958	N/A	4,989	N/A
9/30/2015	16,733	5,870	N/A	5,359	N/A
6/30/2015	16,587	5,691	N/A	4,771	N/A
3/31/2015	16,448	5,826	N/A	5,298	N/A
12/31/2014	16,229	5,813	N/A	5,025	N/A
9/30/2014	16,532	6,008	N/A	4,864	N/A
6/30/2014	16,346	6,000	N/A	5,446	N/A
3/31/2014	16,055	5,850	N/A	5,039	N/A
12/31/2013	15,864	5,752	N/A	4,339	N/A
9/30/2013	15,161	5,848	N/A	5,147	N/A
6/30/2013	14,960	5,772	N/A	2,982	N/A

Analyst Future Growth Forecasts

Ingresos vs. tasa de ahorro: MWC(11.9% al año) es superior a la tasa de ahorro (5.1%).

Beneficios frente mercado: MWCSe prevé que los beneficios de la empresa (12.3% al año) crezcan más deprisa que el mercado PH (12.2% al año).

Beneficios de alto crecimiento: MWCSe espera que los beneficios de la empresa crezcan significativamente en los próximos 3 años.

Ingresos vs. Mercado: MWCSe prevé que los ingresos de la empresa (13.1% al año) crezcan más deprisa que los del mercado PH (6.9% al año).

Ingresos de alto crecimiento: MWCSe prevé que los ingresos de la empresa (12.6% al año) crezcan más despacio que 20% al año.

Earnings per Share Growth Forecasts

Future Return on Equity

Futura rentabilidad financiera (ROE): MWCSe prevé que la Rentabilidad de los fondos propios de la empresa sea baja dentro de 3 años (12.3%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Manila Water Company Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased to ₱29.27

Consensus EPS estimates fall by 22%

Price target increased to ₱35.82

Consensus EPS estimates fall to ₱1.65

Price target increased to ₱23.33

Price target increased to ₱18.06

Recent updates

Upcoming dividend of ₱1.13 per share

Full year 2023 earnings released

Manila Water Company, Inc., Annual General Meeting, Apr 25, 2024

Manila Water Company, Inc. Appoints Michael M. Mayo as Group Director for the Engineering Group

Third quarter 2023 earnings released

Manila Water Company, Inc. (PSE:MWC) announces an Equity Buyback for 288,998,734 shares, for PHP 4,960.58 million.

Manila Water Company, Inc. Announces Resignation of Jose Rene Gregory D. Almendras as Director and Ceases to Be Member of its Executive Committee

Manila Water Company, Inc. Appoints Ms. Valerie R. Tagada as Group Director for Supply Chain Management Group, Effective on October 16, 2023

Second quarter 2023 earnings released

Manila Water Company, Inc. Appoints Joemar B. Emboltorio as Group Director for East Zone Operations

Independent Director recently bought ₱1.9m worth of stock

First quarter 2023 earnings released

Upcoming dividend of ₱0.62 per share at 1.9% yield

Full year 2022 earnings released: EPS: ₱1.79 (vs ₱1.12 in FY 2021)

Manila Water Company, Inc. Announces Rafael D. Consing, Jr. to Ceases as Member of Executive Committee, Audit Committee, and Related Party Transactions Committee

Manila Water Company, Inc. Appoints Nestor Eric T. Sevilla, Jr. as the Group Director for Corporate Communication Affairs

Manila Water Company, Inc., Annual General Meeting, Apr 19, 2023

Upcoming dividend of ₱0.38 per share

Third quarter 2022 earnings released: EPS: ₱0.48 (vs ₱0.20 in 3Q 2021)

Less than half of directors are independent

President recently bought ₱804k worth of stock

President recently bought ₱233k worth of stock

President recently bought ₱300k worth of stock

President recently bought ₱316k worth of stock

Manila Water Company, Inc Announces Resignation of Fernando Zobel De Ayala as Member of the Board of Directors

President recently bought ₱164k worth of stock

Second quarter 2022 earnings released

President recently bought ₱213k worth of stock

President recently bought ₱318k worth of stock

Insider recently bought ₱1.2m worth of stock

CFO, Treasurer recently bought ₱350k worth of stock

President recently bought ₱402k worth of stock

Price target decreased to ₱29.27

President recently bought ₱938k worth of stock

First quarter 2022 earnings: Revenues miss analyst expectations

Independent Director recently bought ₱3.9m worth of stock

Less than half of directors are independent

Consensus EPS estimates fall by 22%

Price target increased to ₱35.82

Full year 2021 earnings: Revenues miss analyst expectations

Consensus EPS estimates fall to ₱1.65

Third quarter 2021 earnings released: EPS ₱0.20 (vs ₱0.24 in 3Q 2020)

Price target increased to ₱23.33

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS ₱0.59 (vs ₱0.21 in 2Q 2020)

Independent Director recently bought ₱174k worth of stock

Independent Director recently bought ₱1.1m worth of stock

Independent Director recently bought ₱997k worth of stock

Non-Executive Director recently bought ₱5.8m worth of stock

Independent Director recently bought ₱2.3m worth of stock

First quarter 2021 earnings released

Manila Water Company, Inc. Does Not Declare Any Cash Dividends

Independent Director has left the company

Lead Independent Director has left the company

Independent Director has left the company

Price target increased to ₱18.06

New 90-day low: ₱13.84

Revenue misses expectations

New 90-day high: ₱17.00

New 90-day high: ₱16.20

Manila Water Company, Inc. Announces Executive Changes

New 90-day high: ₱15.40

Third quarter 2020 earnings released: EPS ₱0.30

New 90-day high: ₱15.36

Non-Executive Director recently sold ₱135.0k worth of stock

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts