Manila Electric Company

PSE:MER Voorraadrapport

Marktkapitalisatie: ₱727.5b

Manila Electric Toekomstige groei

Future criteriumcontroles 2/6

Manila Electric zal naar verwachting groeien in winst en omzet met respectievelijk 7.8% en 4.4% per jaar. De winst per aandeel zal naar verwachting groeien met 7.6% per jaar. Het rendement op het eigen vermogen zal over 3 jaar naar verwachting 28.9% zijn.

Belangrijke informatie

7.8%

Groei van de winst

7.56%

Groei van de winst per aandeel

Electric Utilities winstgroei9.8%
Inkomstengroei4.4%
Toekomstig rendement op eigen vermogen28.88%
Dekking van analisten

Good

Laatst bijgewerkt08 May 2026

Recente toekomstige groei-updates

Recent updates

Analyse-update • 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.
Analyse-update • 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).
Analyse-update • 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).
Analyse-update • 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).
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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.
Analyse-update • 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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Nieuwe analyse • 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.

Winst- en omzetgroeiprognoses

PSE:MER - Toekomstschattingen van analisten en financiële gegevens uit het verleden (PHP Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
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

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: De verwachte winstgroei MER ( 7.8% per jaar) ligt boven de spaarquote ( 6% ).

Winst versus markt: De winst van MER ( 7.8% per jaar) zal naar verwachting langzamer groeien dan de markt PH ( 9.2% per jaar).

Hoge groeiwinsten: De winst van MER zal naar verwachting groeien, maar niet aanzienlijk.

Omzet versus markt: De omzet van MER ( 4.4% per jaar) zal naar verwachting langzamer groeien dan de markt PH ( 8% per jaar).

Hoge groei-inkomsten: De omzet van MER ( 4.4% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.

Groeiprognoses winst per aandeel

Toekomstig rendement op eigen vermogen

Toekomstige ROE: Het rendement op eigen vermogen MER zal naar verwachting over 3 jaar hoog zijn ( 28.9 %)

Ontdek groeibedrijven

7D

1Y

7D

1Y

7D

1Y

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/08 11:28
Aandelenkoers aan het einde van de dag2026/05/08 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Manila Electric Company wordt gevolgd door 15 analisten. 10 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

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