Hoe verhoudt MER's PE Ratio zich tot zijn concurrenten?

MER is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (15.7x).

Hoe verhoudt MER's PE Ratio zich tot andere bedrijven in de Asian Electric Utilities industrie?

MER is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Asian Electric Utilities industry average (18x).

Wat is MER's PE Ratio vergeleken met zijn Fair PE Ratio? Dit is de verwachte PE Ratio, rekening houdend met de verwachte winstgroei van het bedrijf, winstmarges en andere risicofactoren.

MER is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).

Wat is de reële prijs van MER als we kijken naar de toekomstige kasstromen? Voor deze schatting gebruiken we een Discounted Cash Flow-model.

MER (₱487) is trading above our estimate of [[fair value]] (₱313.63)

Wat is de 12-maandsprognose van de analisten en hebben we enig statistisch vertrouwen in het consensuskoersdoel?

Target price is lower than the current share price.

Manila Electric (PSE:MER) - Aandelenkoers, Nieuws & Analyse

MER Overzicht aandelen

Manila Electric Company heeft een concessie van het congres voor de bouw, exploitatie en het onderhoud van een elektrisch distributiesysteem op de Filipijnen.

Over het bedrijf

MER fundamentele analyse
Sneeuwvlok Score
Waardering	2/6
Toekomstige groei	1/6
Prestaties in het verleden	5/6
Financiële gezondheid	3/6
Dividenden	4/6

Beloningen

Earnings grew by 17% over the past year

Risicoanalyse

Unstable dividend track record

Manila Electric Company Concurrenten

Synergy Grid & Development Phils

PSE:SGP

₱50.0b

First Philippine Holdings

PSE:FPH

₱28.1b

Citicore Renewable Energy

PSE:CREC

₱28.9b

Aboitiz Power

PSE:AP

₱270.2b

Prijsgeschiedenis en prestaties

Overzicht van alle hoogtepunten, veranderingen en prijsdalingen voor Manila Electric
Historische aandelenkoersen
Huidige aandelenkoers	₱487.00
52 Week Hoogtepunt	₱503.50
52 Week Laag	₱345.00
Bèta	0.23
11 maand verandering	4.96%
3 maanden verandering	28.16%
1 Jaar Verandering	38.35%
33 jaar verandering	62.88%
5 jaar verandering	43.15%
Verandering sinds IPO	378.15%

Recent nieuws en updates

Recent updates

Rendement voor aandeelhouders

	MER	PH Electric Utilities	PH Markt
7D	-1.1%	0.3%	-1.5%
1Y	38.4%	28.8%	21.7%

Rendement versus industrie: MER exceeded the PH Electric Utilities industry which returned 28.8% over the past year.

Rendement versus markt: MER exceeded the PH Market which returned 21.7% over the past year.

Prijsvolatiliteit

Is MER's price volatile compared to industry and market?
MER volatility
MER Average Weekly Movement	4.5%
Electric Utilities Industry Average Movement	3.9%
Market Average Movement	5.1%
10% most volatile stocks in PH Market	9.9%
10% least volatile stocks in PH Market	2.9%

Stabiele aandelenkoers: MER has not had significant price volatility in the past 3 months compared to the PH market.

Volatiliteit in de loop van de tijd: MER's weekly volatility (5%) has been stable over the past year.

Over het bedrijf

Opgericht	Werknemers	CEO	Website
1903	n/a	Manny Pangilinan	www.meralco.com.ph

Manila Electric Company heeft een congresvergunning voor de bouw, exploitatie en het onderhoud van een elektrisch distributiesysteem in de Filippijnen. Het bedrijf is actief in de segmenten Power en Other Services. Het bedrijf levert stroom aan ongeveer 7,8 miljoen industriële, commerciële en particuliere klanten in 38 steden en 73 gemeenten, waaronder Metro Manila en de provincies Rizal, Cavite en Bulacan, evenals delen van de provincies Pampanga, Batangas, Laguna en Quezon; distribueert stroom aan klanten in de Clark Special Economic Zone; en ontwikkelt, bouwt en exploiteert op zonne-energie werkende opwekkingsinstallaties; en bezit en exploiteert kolen- en dieselgestookte en vloeibaar aardgascentrales.

Manila Electric Company Samenvatting

Hoe verhouden de winst en inkomsten van Manila Electric zich tot de beurswaarde?
MER fundamentele statistieken
Marktkapitalisatie	₱548.89b
Inkomsten(TTM)	₱43.38b
Inkomsten(TTM)	₱463.80b

12.7x

Koers/Winstverhouding

1.2x

P/S-verhouding

Is MER overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
MER resultatenrekening (TTM)
Inkomsten	₱463.80b
Kosten van inkomsten	₱368.81b
Brutowinst	₱95.00b
Overige uitgaven	₱51.62b
Inkomsten	₱43.38b

Laatst gerapporteerde inkomsten

Sep 30, 2024

Volgende inkomensdatum

n.v.t.

Winst per aandeel (EPS)	38.49
Brutomarge	20.48%
Nettowinstmarge	9.35%
Schuld/Eigen Vermogen Verhouding	56.0%

Hoe presteerde MER op de lange termijn?

Bekijk historische prestaties en vergelijking

Dividenden

4.4%

Huidig dividendrendement

56%

Uitbetalingsratio

MER Overzicht aandelen

Beloningen

Risicoanalyse

Manila Electric Company Concurrenten

PSE:SGP

₱50.0b

PSE:FPH

₱28.1b

PSE:CREC

₱28.9b

PSE:AP

₱270.2b

Prijsgeschiedenis en prestaties

Recent nieuws en updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: ₱10.04 (vs ₱9.36 in 3Q 2023)

Price target increased by 9.5% to ₱471

Lead Independent Director recently bought ₱1.4m worth of stock

Lead Independent Director recently bought ₱964k worth of stock

Manila Electric Company Confirms the Receipts of Court's Decision on Civil Case No. 1039

Recent updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: ₱10.04 (vs ₱9.36 in 3Q 2023)

Price target increased by 9.5% to ₱471

Lead Independent Director recently bought ₱1.4m worth of stock

Lead Independent Director recently bought ₱964k worth of stock

Manila Electric Company Confirms the Receipts of Court's Decision on Civil Case No. 1039

Upcoming dividend of ₱10.30 per share

Now 21% overvalued after recent price rise

Chairman & CEO recently bought ₱2.0m worth of stock

Consensus EPS estimates increase by 11%

First half dividend of ₱10.30 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Manila Electric Company Declares Interim Cash Dividend, Payable on September 23, 2024

Manila Electric Company Approves Appointment of Paul Jayson I. Ramos as Chief Investor Relations Officer of the Company Effective July 1, 2024

Consensus EPS estimates increase by 15%

Non Executive Director recently bought ₱1.4m worth of stock

Consensus EPS estimates increase by 19%

First quarter 2024 earnings released: EPS: ₱8.51 (vs ₱7.16 in 1Q 2023)

Non Executive Director recently bought ₱3.6m worth of stock

Upcoming dividend of ₱11.24 per share

Insider recently bought ₱730k worth of stock

Final dividend increased to ₱11.24

Manila Electric Company Announces Declaration of Cash Dividends, Payable on April 24, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Manila Electric Company to Report Fiscal Year 2023 Results on Feb 26, 2024

Non Executive Director recently bought ₱3.6m worth of stock

Non Executive Director recently bought ₱3.6m worth of stock

Manila Electric Company, Annual General Meeting, May 28, 2024

Manila Electric Company Announces Clarification About Motions for Reconsideration Filed by the Energy Regulatory Commission and the National Association of Electricity Consumers for Reforms Inc

Non Executive Director recently sold ₱3.9m worth of stock

Manila Electric Company Announces Resignation of Frederick Dy Go as Director, Effective January 8, 2024

Manila Electric Company Approves Executive Changes, Effective January 1, 2024

Lead Independent Director recently bought ₱4.9m worth of stock

Manila Electric Company Appoints Marilene P. Tayag as Vice President and Chief Information Security Officer, Effective January 1, 2024

Consensus EPS estimates increase by 12%

Third quarter 2023 earnings: EPS exceeds analyst expectations

Insider recently bought ₱500k worth of stock

Manila Electric Company Appoints Marilene P. Tayag as Chief Information Security Officer Effective on November 16, 2023

Executive Director recently bought ₱1.7m worth of stock

Non Executive Director recently bought ₱17m worth of stock

Upcoming dividend of ₱8.52 per share at 5.6% yield

On-Us Solutions Inc entered in a share purchase agreement to acquire eSAKAY, INC from Manila Electric Company (PSE:MER) for PHP 87.4 million.

Upcoming dividend of ₱8.52 per share at 4.8% yield

Consensus EPS estimates increase by 19%

Manila Electric Company Approves Interim Cash Dividend, Payable on September 14, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Manila Electric Company Announces Management Changes

Consensus EPS estimates increase by 14%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₱11.03 per share at 5.4% yield

Consensus EPS estimates increase by 12%, revenue downgraded

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently bought ₱286k worth of stock

Now 20% undervalued after recent price drop

Manila Electric Company, Annual General Meeting, May 30, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₱5.89 (vs ₱5.83 in 3Q 2021)

Manila Electric Company Announces Resignation of Maria Carmela T. Migriño as Chief Information Security Officer, Effective November 1, 2022