Manila Electric Company

Report azionario PSE:MER

Capitalizzazione di mercato: ₱727.5b

Manila Electric Crescita futura

Criteri Future verificati 2/6

Manila Electric prevede che gli utili e i ricavi cresceranno rispettivamente di 7.8% e 4.4% all'anno. Si prevede che l'EPS crescerà di 7.6% all'anno. Si prevede che il ritorno sul capitale proprio sarà di 28.9% in 3 anni.

Informazioni chiave

7.8%

Tasso di crescita degli utili

7.56%

Tasso di crescita dell'EPS

Electric Utilities crescita degli utili9.8%
Tasso di crescita dei ricavi4.4%
Rendimento futuro del capitale proprio28.88%
Copertura analitica

Good

Ultimo aggiornamento08 May 2026

Aggiornamenti recenti sulla crescita futura

Recent updates

Aggiornamento dell'analisi • Apr 25

MER: Future Returns Will Rely On Dividends And Grid Digitalization Collaboration

Analysts have increased their fair value estimate for Manila Electric slightly, from ₱636.41 to ₱637.05. This reflects updated assumptions that include modestly lower revenue growth, a small uplift in profit margin and a largely unchanged forward P/E multiple.
Aggiornamento dell'analisi • Apr 10

MER: Stable Outlook Will Rely On Dividends And Grid Digitalization Initiatives

Analysts have kept their ₱636.41 price target for Manila Electric unchanged, citing essentially stable assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Huawei, Meralco, and SANXING Ningbo launched an Intelligent Distribution Solution that focuses on reliable communication, edge computing, cloud edge collaboration, and low voltage transparency for power distribution networks (Key Developments).
Aggiornamento dell'analisi • Mar 27

MER: Steady Outlook As Dividends And Gas Contract Extension Support Future Returns

Narrative Update on Manila Electric Price Target The analyst price target for Manila Electric remains effectively unchanged at around ₱636.41, as analysts keep their assumptions for discount rate, revenue growth, profit margins and future P/E broadly consistent with prior estimates. What's in the News Huawei, Meralco, and SANXING Ningbo launched an Intelligent Distribution Solution that focuses on reliable communication, edge computing, cloud edge collaboration, and low voltage transparency for a 400 V distribution network, aiming to integrate digital systems across the grid (Key Developments).
Aggiornamento dell'analisi • Mar 12

MER: Dividend Plans And Contract Extension Will Support Steady Forward Outlook

Analysts have raised their price target on Manila Electric, moving fair value from ₱623.63 to about ₱636.41 as they incorporate updated assumptions on revenue growth, profit margins, the discount rate, and future P/E. What's in the News A board meeting is scheduled on Feb 25, 2026 to review full year 2025 financial and operating results with 2024 comparatives and to consider a cash dividend of ₱16.672 per share, with a record date on Mar 26, 2026 and payment on Apr 20, 2026 (Key Developments).
Aggiornamento dell'analisi • Feb 25

MER: Contract Extension And Board Actions Will Support Steady Forward Outlook

Analysts have kept their price target for Manila Electric broadly unchanged at around ₱623.63, with only marginal tweaks to revenue growth, profit margin, discount rate, and future P/E assumptions reflected in their latest update. What's in the News The Energy Regulatory Commission approved a five month extension of Manila Electric Co.'s gas power supply contract with First Gen unit First Gas Power Corp., allowing Meralco to keep sourcing power from the Sta.
Aggiornamento dell'analisi • Feb 11

MER: Contract Extension And Board Calendar Will Support Steady Forward Outlook

Analysts have lifted their fair value estimate for Manila Electric to ₱623.63 from ₱614.25, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News The Energy Regulatory Commission approved a five month extension of Meralco's gas power supply contract with First Gen's First Gas Power Corp., allowing continued sourcing from the Sta.
Aggiornamento dell'analisi • Jan 27

MER: Board Calendar And Steady P/E Assumptions Will Support Fair Outlook

Analysts have raised their price target for Manila Electric to ₱614.25 from ₱603.38, reflecting updated assumptions that include slightly softer revenue growth, a small improvement in profit margin, and a marginally higher future P/E of 14.92x. What's in the News Board meeting set for January 26, 2026, to review and approve the agenda and notice for the annual stockholders' meeting scheduled on June 30, 2026, at 10:00 a.m. (Key Developments) Directors will consider April 10, 2026, as the record date for determining stockholders entitled to receive notice of and vote at the June 30, 2026, annual stockholders' meeting.
Aggiornamento dell'analisi • Jan 12

MER: Smart Grid Rollout And Steady Metrics Will Support Fair Valuation

Analysts have lifted their fair value estimate for Manila Electric slightly, from ₱598.21 to about ₱603.38. This reflects refreshed views on its projected revenue growth, profit margins, and future P/E assumptions.
Aggiornamento dell'analisi • Dec 26

MER: Smart Grid Expansion Will Support Stable Margins And Fairly Valued Outlook

Analysts have maintained their price target for Manila Electric at PHP 598.21, as slightly softer long term revenue growth assumptions are seen as being offset by a modestly stronger profit margin outlook and an unchanged future valuation multiple. What's in the News A board meeting is set for December 3, 2025 to approve various rank conferments effective January 1, 2026 (Key Developments) A board meeting is scheduled on October 27, 2025 to approve Manila Electric's financial and operating results for the first nine months of 2025, with 2024 comparatives (Key Developments) An Itron collaboration has been announced to deploy Advanced Metering Infrastructure across Metro Manila, starting with 73,000 endpoints as part of Meralco's multi year smart grid modernization program (Key Developments) Valuation Changes Fair Value: Unchanged at approximately ₱598.21 per share, indicating a stable overall valuation outlook.
Aggiornamento dell'analisi • Dec 12

MER: Smart Grid Rollout Will Support Stable Outlook And Customer Experience

Narrative Update on Manila Electric Analysts have maintained their price target for Manila Electric at PHP 598.21 per share, reflecting unchanged assumptions on discount rate, revenue growth, profit margins, and future valuation multiples. This signals steady confidence in the company’s current earnings and growth outlook.
Aggiornamento dell'analisi • Nov 28

MER: Fair Value Maintained as Smart Grid Connectivity Set to Expand

Analysts have maintained their price target for Manila Electric at ₱598.21 per share, citing minimal changes in growth forecasts and stable profit margin expectations as the rationale for the steady outlook. What's in the News Manila Electric Company will hold a Board Meeting on October 27, 2025 to approve the Company's financial and operating results for the first nine months of 2025.
Aggiornamento dell'analisi • Nov 13

MER: Fair Value Supported as Smart Grid Rollout Poised to Advance

Narrative Update: Manila Electric Analyst Price Target Adjustment Analysts have maintained their fair value estimate for Manila Electric at ₱598.21 per share. They cite modest improvements in projected revenue growth and profit margin, which are balanced by a slightly higher discount rate and a marginally lower future price-to-earnings ratio.
Aggiornamento dell'analisi • Oct 30

MER: Smart Grid Modernization Will Drive Improved Customer Satisfaction And Energy Management

Analysts have raised the fair value estimate for Manila Electric from ₱588.56 to ₱598.21. This change is attributed to updated projections, even though growth and margin expectations have slightly moderated.
Aggiornamento dell'analisi • Sep 15

Large-scale Renewables And Grid Modernization Will Shape Future Growth

Manila Electric’s consensus revenue growth forecast has edged down slightly, while its future P/E remains stable, resulting in only a marginal increase in the analyst price target from ₱582.64 to ₱588.56. What's in the News Board approved cash dividends of PhP11.328 per share, payable to shareholders of record as of August 27, 2025.
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Nuova analisi • Nov 25

Meralco's Expanding Network And Renewable Energy Innovations Power Growth Potential

Strong growth in sales volume and power generation, including renewable projects, is set to boost future revenues and operational margins.

Previsioni di crescita degli utili e dei ricavi

PSE:MER - Stime future degli analisti e dati finanziari passati (PHP Millions )
DataRicaviUtiliFlusso di cassa liberoLiquidità dell'operazioneAvg. Numero di analisti
12/31/2028560,12162,302-4,181N/A4
12/31/2027549,32560,0958,689N/A10
12/31/2026510,72153,0328,602N/A8
3/31/2026503,59351,515N/AN/AN/A
12/31/2025497,32551,130-35,08872,077N/A
9/30/2025486,70448,926-53,22544,961N/A
6/30/2025478,10447,053-36,83241,738N/A
3/31/2025480,32546,710-25,65734,679N/A
12/31/2024470,36245,859-2,50142,010N/A
9/30/2024463,80443,3798,77042,761N/A
6/30/2024456,26942,61143,66272,157N/A
3/31/2024442,51839,54942,43875,760N/A
12/31/2023443,61238,02329,03757,974N/A
9/30/2023446,87637,072-1,60440,675N/A
6/30/2023451,74333,163-27,37414,644N/A
3/31/2023446,26630,121-29,31611,987N/A
12/31/2022426,52928,431-17,01425,182N/A
9/30/2022401,71426,734-8,87720,544N/A
6/30/2022369,05626,670-1,69226,644N/A
3/31/2022339,74025,54514,79643,734N/A
12/31/2021318,54723,49815,94543,181N/A
9/30/2021292,81321,58642,91371,062N/A
6/30/2021282,14719,42140,09466,958N/A
3/31/2021269,98718,0314,75525,484N/A
12/31/2020275,30416,3169,31429,872N/A
9/30/2020291,39716,2162,70117,875N/A
6/30/2020295,61618,1225,03221,073N/A
3/31/2020312,96620,23328,51048,216N/A
12/31/2019318,31523,285N/A42,176N/A
9/30/2019318,16923,126N/A36,087N/A
6/30/2019318,86323,051N/A36,929N/A
3/31/2019309,02523,376N/A45,964N/A
12/31/2018304,45423,017N/A40,562N/A
9/30/2018295,57822,668N/A33,212N/A
6/30/2018292,06821,856N/A35,645N/A
3/31/2018286,78720,879N/A26,595N/A
12/31/2017282,55620,384N/A28,385N/A
9/30/2017276,40619,428N/A35,662N/A
6/30/2017269,40918,909N/A32,709N/A
3/31/2017263,58419,446N/A33,697N/A
12/31/2016257,18119,176N/A35,351N/A
9/30/2016256,51618,625N/A36,569N/A
6/30/2016253,19518,119N/A36,598N/A
3/31/2016255,98219,224N/A38,802N/A
12/31/2015258,39919,098N/A41,683N/A
9/30/2015260,49319,894N/A39,722N/A
6/30/2015268,17620,163N/A35,245N/A

Previsioni di crescita futura degli analisti

Guadagni vs tasso di risparmio: La crescita prevista degli utili di MER ( 7.8% all'anno) è superiore al tasso di risparmio ( 6% ).

Guadagni vs Mercato: Si prevede che gli utili di MER ( 7.8% all'anno) cresceranno più lentamente rispetto al mercato PH ( 9.2% all'anno).

Guadagni ad alta crescita: Si prevede che gli utili di MER cresceranno, ma non in modo significativo.

Ricavi vs Mercato: Si prevede che il fatturato di MER ( 4.4% all'anno) crescerà più lentamente rispetto al mercato PH ( 8% all'anno).

Ricavi ad alta crescita: Si prevede che il fatturato di MER ( 4.4% all'anno) crescerà più lentamente di 20% all'anno.

Previsioni di crescita dell'utile per azione

Rendimento futuro del capitale proprio

ROE futuro: Si prevede che il Return on Equity di MER sarà elevato tra 3 anni ( 28.9 %)

Scoprire le aziende in crescita

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/08 15:34
Prezzo dell'azione a fine giornata2026/05/08 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Manila Electric Company è coperta da 15 analisti. 10 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Julian Vincent RoxasBofA Global Research
Eunice DolatreCGS International
Jan Derrick GuarinCLSA