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Filipino (PSEi) Utilities Sector Analysis

UpdatedApr 25, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.6%
  • 3M6.3%
  • 1Y18.8%
  • YTD8.2%

The Utilities industry has been flat over the last week, but Acen has lost 6.3%. As for the the longer term, the industry is up 19% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Filipino Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Apr 2026₱1.8t₱1.2t₱146.2b8x12.6x1.5x
Mon, 23 Mar 2026₱1.8t₱1.4t₱172.3b8.7x10.2x1.2x
Wed, 18 Feb 2026₱1.7t₱1.4t₱165.3b8x10.6x1.2x
Fri, 16 Jan 2026₱1.7t₱1.4t₱165.8b8.8x10.5x1.2x
Sun, 14 Dec 2025₱1.7t₱1.4t₱165.7b8.2x10.1x1.2x
Tue, 11 Nov 2025₱1.5t₱1.4t₱162.5b8.4x9.5x1.1x
Thu, 09 Oct 2025₱1.5t₱1.4t₱145.8b8.7x10x1.1x
Sat, 06 Sep 2025₱1.5t₱1.4t₱145.4b8.4x10.1x1.1x
Mon, 04 Aug 2025₱1.5t₱1.4t₱144.0b9.3x10.1x1.1x
Wed, 02 Jul 2025₱1.4t₱1.4t₱143.3b9.4x10x1x
Fri, 30 May 2025₱1.4t₱1.4t₱142.7b8.9x9.5x1x
Sun, 27 Apr 2025₱1.4t₱1.4t₱151.5b9.6x9.3x1x
Tue, 25 Mar 2025₱1.4t₱1.4t₱148.1b9.7x9.3x1x
Thu, 20 Feb 2025₱1.4t₱1.4t₱143.8b9.8x9.6x1x
Sat, 18 Jan 2025₱1.4t₱1.4t₱143.9b9.7x9.5x1x
Mon, 16 Dec 2024₱1.3t₱1.4t₱143.9b9.3x9x1x
Wed, 13 Nov 2024₱1.4t₱1.4t₱145.7b9.7x9.3x1x
Fri, 11 Oct 2024₱1.4t₱1.3t₱145.8b10.8x9.5x1x
Sun, 08 Sep 2024₱1.3t₱1.3t₱145.3b10.9x8.9x1x
Tue, 06 Aug 2024₱1.2t₱1.3t₱145.7b9.4x8.3x0.9x
Thu, 04 Jul 2024₱1.2t₱1.3t₱142.1b8.2x8.5x0.9x
Sat, 01 Jun 2024₱1.2t₱1.3t₱142.1b8.2x8.3x0.9x
Mon, 29 Apr 2024₱1.2t₱1.3t₱140.7b8.4x8.3x0.9x
Wed, 27 Mar 2024₱1.1t₱1.3t₱141.6b8.5x8x0.8x
Fri, 23 Feb 2024₱1.2t₱1.3t₱153.4b7.8x7.7x0.9x
Sun, 21 Jan 2024₱1.2t₱1.3t₱153.4b6.9x7.5x0.9x
Tue, 19 Dec 2023₱1.1t₱1.3t₱153.3b6.3x7.4x0.8x
Thu, 16 Nov 2023₱1.2t₱1.4t₱153.9b6.2x7.5x0.9x
Sat, 14 Oct 2023₱1.2t₱1.4t₱146.9b6.5x8.2x0.9x
Mon, 11 Sep 2023₱1.2t₱1.4t₱146.8b7x7.9x0.8x
Wed, 09 Aug 2023₱1.2t₱1.4t₱144.0b7.9x8.2x0.9x
Fri, 07 Jul 2023₱1.2t₱1.4t₱140.2b7.3x8.3x0.9x
Sun, 04 Jun 2023₱1.2t₱1.4t₱140.3b6.8x8.3x0.9x
Tue, 02 May 2023₱1.2t₱1.3t₱127.8b9.3x9.2x0.9x
Price to Earnings Ratio

9.2x


Total Market Cap: ₱1.2tTotal Earnings: ₱127.8bTotal Revenue: ₱1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Filipino Utilities Sector Price to Earnings3Y Average 9.1x202420252026
Current Industry PE
  • Investors are optimistic on the Filipino Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.6x which is higher than its 3-year average PE of 9.1x.
  • The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 4.6% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.7% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Filipino Utilities sector?

PH Market-0.72%
Utilities-0.59%
Electric Utilities0.73%
Water Utilities-0.47%
Renewable Energy-2.50%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 9.1x.
    • Analysts are expecting annual earnings growth of 29.2%, which is higher than its past year's earnings growth of 15.0% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 9.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 2.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MER Manila Electric₱641.001.4%
+₱10.1b
16.2%PE14.1x
MYNLD Maynilad Water Services₱21.150.5%
+₱740.3m
n/aPE10.3x
FPH First Philippine Holdings₱79.000.7%
+₱233.5m
37.6%PE4.1x
SPC SPC Power₱10.441.0%
+₱149.7m
19.7%PE7x
ASLAG Raslag₱1.145.6%
+₱90.0m
21.3%PE3.4x

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