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Filipino (PSEi) Utilities Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies20
  • 7D2.3%
  • 3M-0.3%
  • 1Y8.7%
  • YTD7.5%

In the last week, the Utilities industry is up 2.3%, with Manila Electric up 7.0%. In the same time, Synergy Grid & Development Phils was down 7.1%. This takes the industry's 12 month performance to a gain of 8.7%. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025₱1.6t₱1.4t₱163.0b8.6x9.7x1.1x
Wed, 15 Oct 2025₱1.5t₱1.4t₱145.8b8.3x10x1.1x
Fri, 12 Sep 2025₱1.5t₱1.4t₱145.4b8.6x10.1x1.1x
Sun, 10 Aug 2025₱1.5t₱1.4t₱139.6b9.3x10.4x1.1x
Tue, 08 Jul 2025₱1.4t₱1.4t₱143.4b9.3x10.1x1.1x
Thu, 05 Jun 2025₱1.4t₱1.4t₱142.7b9.2x9.7x1x
Sat, 03 May 2025₱1.4t₱1.4t₱144.9b9x9.7x1x
Mon, 31 Mar 2025₱1.4t₱1.4t₱148.5b9.9x9.2x1x
Wed, 26 Feb 2025₱1.4t₱1.4t₱148.3b10.1x9.1x1x
Fri, 24 Jan 2025₱1.4t₱1.4t₱143.9b10.1x9.5x1x
Sun, 22 Dec 2024₱1.3t₱1.4t₱143.9b9.1x8.9x0.9x
Tue, 19 Nov 2024₱1.3t₱1.4t₱145.2b9.3x9.2x1x
Thu, 17 Oct 2024₱1.4t₱1.3t₱145.9b10.9x9.9x1.1x
Sat, 14 Sep 2024₱1.3t₱1.3t₱145.3b10.7x8.9x1x
Mon, 12 Aug 2024₱1.2t₱1.3t₱147.4b9.5x8.5x0.9x
Wed, 10 Jul 2024₱1.2t₱1.3t₱142.1b8.4x8.5x0.9x
Fri, 07 Jun 2024₱1.2t₱1.3t₱142.1b8.3x8.4x0.9x
Sun, 05 May 2024₱1.2t₱1.3t₱142.0b8.7x8.3x0.9x
Tue, 02 Apr 2024₱1.1t₱1.3t₱141.0b8.5x8.1x0.9x
Thu, 29 Feb 2024₱1.2t₱1.3t₱154.5b7.7x7.6x0.9x
Sat, 27 Jan 2024₱1.2t₱1.3t₱153.5b6.8x7.6x0.9x
Mon, 25 Dec 2023₱1.1t₱1.3t₱153.3b6.8x7.5x0.9x
Wed, 22 Nov 2023₱1.2t₱1.3t₱153.4b6.4x7.6x0.9x
Fri, 20 Oct 2023₱1.2t₱1.4t₱146.9b6.6x8.1x0.9x
Sun, 17 Sep 2023₱1.2t₱1.4t₱146.8b6.6x7.8x0.8x
Tue, 15 Aug 2023₱1.2t₱1.4t₱147.0b7.3x8x0.9x
Thu, 13 Jul 2023₱1.2t₱1.4t₱140.0b8.3x8.4x0.9x
Sat, 10 Jun 2023₱1.2t₱1.4t₱140.3b6.8x8.3x0.9x
Mon, 08 May 2023₱1.2t₱1.3t₱129.4b9.3x9.1x0.9x
Wed, 05 Apr 2023₱1.1t₱1.3t₱118.3b9.5x9.7x0.9x
Fri, 03 Mar 2023₱1.2t₱1.2t₱106.4b9.5x11x0.9x
Sun, 29 Jan 2023₱1.2t₱1.2t₱104.7b10.4x11.4x1x
Tue, 27 Dec 2022₱1.1t₱1.2t₱104.8b9.5x10.9x0.9x
Thu, 24 Nov 2022₱1.2t₱1.2t₱105.1b9.8x11x0.9x
Price to Earnings Ratio

11x


Total Market Cap: ₱1.2tTotal Earnings: ₱105.1bTotal Revenue: ₱1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Filipino Utilities Sector Price to Earnings3Y Average 9.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Filipino Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.1x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

PH Market-1.89%
Utilities2.31%
Electric Utilities4.71%
Water Utilities0.40%
Renewable Energy-0.26%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 8.7x.
    • Analysts expect its future annual earnings growth (13.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 50% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 8.6% 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₱583.007.0%
+₱42.8b
20.2%PE13.4x
MWC Manila Water Company₱34.953.9%
+₱3.8b
29.0%PE7.9x
SPC SPC Power₱8.043.2%
+₱374.1m
-10.7%PE5.8x
LPZ Lopez Holdings₱3.852.1%
+₱304.6m
24.2%PE1.6x
PERC PetroEnergy Resources₱3.5914.3%
+₱255.9m
-6.5%PE5.1x

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