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Filipino (PSEi) Utilities Sector Analysis
UpdatedSep 10, 2026
DataAggregated Company Financials
Companies21
- 7D1.3%
- 3M-5.2%
- 1Y5.7%
- YTD1.2%
In the last week, the Utilities industry is up 1.8%, with Manila Electric up 6.4%. This takes the industry's 12 month performance to a gain of 5.8%. Earnings are forecast to grow by 11% annually.
Sector Valuation and Performance
Has the Filipino Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 10 Sep 2026 | ₱1.9t | ₱1.7t | ₱220.1b | 7.7x | 8.6x | 1.1x |
| Sat, 08 Aug 2026 | ₱1.9t | ₱1.6t | ₱202.8b | 7.2x | 9.3x | 1.1x |
| Mon, 06 Jul 2026 | ₱1.9t | ₱1.6t | ₱199.8b | 7.3x | 9.6x | 1.2x |
| Wed, 03 Jun 2026 | ₱2.0t | ₱1.6t | ₱199.8b | 7.6x | 10.1x | 1.2x |
| Fri, 01 May 2026 | ₱1.9t | ₱1.2t | ₱146.3b | 8.1x | 12.9x | 1.6x |
| Sun, 29 Mar 2026 | ₱1.8t | ₱1.4t | ₱172.4b | 8x | 10.3x | 1.2x |
| Tue, 24 Feb 2026 | ₱1.8t | ₱1.4t | ₱165.3b | 8x | 10.8x | 1.3x |
| Thu, 22 Jan 2026 | ₱1.7t | ₱1.4t | ₱165.7b | 8.1x | 10.4x | 1.2x |
| Sat, 20 Dec 2025 | ₱1.7t | ₱1.4t | ₱165.6b | 8.2x | 10x | 1.2x |
| Mon, 17 Nov 2025 | ₱1.6t | ₱1.4t | ₱165.3b | 7.8x | 9.5x | 1.1x |
| Wed, 15 Oct 2025 | ₱1.5t | ₱1.4t | ₱145.8b | 8.3x | 10x | 1.1x |
| Fri, 12 Sep 2025 | ₱1.5t | ₱1.4t | ₱145.4b | 8.6x | 10.1x | 1.1x |
| Sun, 10 Aug 2025 | ₱1.5t | ₱1.4t | ₱139.6b | 9.3x | 10.4x | 1.1x |
| Tue, 08 Jul 2025 | ₱1.4t | ₱1.4t | ₱143.4b | 9.3x | 10.1x | 1.1x |
| Thu, 05 Jun 2025 | ₱1.4t | ₱1.4t | ₱142.7b | 9.2x | 9.7x | 1x |
| Sat, 03 May 2025 | ₱1.4t | ₱1.4t | ₱144.9b | 9x | 9.7x | 1x |
| Mon, 31 Mar 2025 | ₱1.4t | ₱1.4t | ₱148.5b | 9.9x | 9.2x | 1x |
| Wed, 26 Feb 2025 | ₱1.4t | ₱1.4t | ₱148.3b | 10.1x | 9.1x | 1x |
| Fri, 24 Jan 2025 | ₱1.4t | ₱1.4t | ₱143.9b | 10.1x | 9.5x | 1x |
| Sun, 22 Dec 2024 | ₱1.3t | ₱1.4t | ₱143.9b | 9.1x | 8.9x | 0.9x |
| Tue, 19 Nov 2024 | ₱1.3t | ₱1.4t | ₱145.2b | 9.3x | 9.2x | 1x |
| Thu, 17 Oct 2024 | ₱1.4t | ₱1.3t | ₱145.9b | 10.9x | 9.9x | 1.1x |
| Sat, 14 Sep 2024 | ₱1.3t | ₱1.3t | ₱145.3b | 10.7x | 8.9x | 1x |
| Mon, 12 Aug 2024 | ₱1.2t | ₱1.3t | ₱147.4b | 9.5x | 8.5x | 0.9x |
| Wed, 10 Jul 2024 | ₱1.2t | ₱1.3t | ₱142.1b | 8.4x | 8.5x | 0.9x |
| Fri, 07 Jun 2024 | ₱1.2t | ₱1.3t | ₱142.1b | 8.3x | 8.4x | 0.9x |
| Sun, 05 May 2024 | ₱1.2t | ₱1.3t | ₱142.0b | 8.7x | 8.3x | 0.9x |
| Tue, 02 Apr 2024 | ₱1.1t | ₱1.3t | ₱141.0b | 8.5x | 8.1x | 0.9x |
| Thu, 29 Feb 2024 | ₱1.2t | ₱1.3t | ₱154.5b | 7.7x | 7.6x | 0.9x |
| Sat, 27 Jan 2024 | ₱1.2t | ₱1.3t | ₱153.5b | 6.8x | 7.6x | 0.9x |
| Mon, 25 Dec 2023 | ₱1.1t | ₱1.3t | ₱153.3b | 6.8x | 7.5x | 0.9x |
| Wed, 22 Nov 2023 | ₱1.2t | ₱1.3t | ₱153.4b | 6.4x | 7.6x | 0.9x |
| Fri, 20 Oct 2023 | ₱1.2t | ₱1.4t | ₱146.9b | 6.6x | 8.1x | 0.9x |
| Sun, 17 Sep 2023 | ₱1.2t | ₱1.4t | ₱146.8b | 6.6x | 7.8x | 0.8x |
Price to Earnings Ratio
7.8x
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 9.3x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 | 1.01% | |
| Utilities | 1.31% | |
| Electric Utilities | 3.46% | |
| Water Utilities | 1.97% | |
| Renewable Energy | -0.73% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 9.6x.
- Analysts are expecting annual earnings growth of 14.8%, which is lower than the prior year's growth of 39.2% per year.
- Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 39% per year.
- In contrast, the Water Utilities industry is expected to see its earnings grow by 2.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MER Manila Electric | ₱480.00 | 4.3% +₱22.1b | -10.3% | PE10.1x | |
| MWC Manila Water Company | ₱35.85 | 2.7% +₱2.8b | -6.2% | PE6.5x | |
| ACR Alsons Consolidated Resources | ₱1.29 | 18.3% +₱1.3b | 158.0% | PE7.1x | |
| FGEN First Gen | ₱26.90 | 1.1% +₱1.1b | 64.0% | PE5.6x | |
| CREC Citicore Renewable Energy | ₱4.95 | 1.0% +₱558.0m | 16.2% | PE41.6x |
