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Megaworld CorporationPSE:MEG Stock Report

Market Cap ₱63.9b
Share Price
₱1.97
₱2.83
30.4% undervalued intrinsic discount
1Y8.8%
7D-3.4%
1D
Portfolio Value
View

Megaworld Corporation

PSE:MEG Stock Report

Market Cap: ₱63.9b

Megaworld (MEG) Stock Overview

Engages in the development, sale, and leasing of real estate properties in the Philippines. More details

MEG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

MEG Community Fair Values

Create Narrative

See what 167 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

Top Community Narratives

Megaworld Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Megaworld
Historical stock prices
Current Share Price₱1.97
52 Week High₱2.38
52 Week Low₱1.74
Beta0.59
1 Month Change-5.74%
3 Month Change-6.64%
1 Year Change8.84%
3 Year Change0.51%
5 Year Change-36.66%
Change since IPO226.53%

Recent News & Updates

Narrative Update Jun 06

MEG: Expanded Green Townships And Hotels Will Support Future Repricing Potential

Analysts have slightly adjusted their price target for Megaworld to around ₱2.83 from about ₱2.86. This reflects updated views on its fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Apr 27

MEG: Township Expansion Will Test Cash Flows While Fair Value Appears Intact

Analysts have adjusted their Megaworld price targets to reflect updated assumptions on revenue growth, profit margins, discount rate, and future P/E, resulting in a revised fair value estimate of ₱2.00 per share, which remains unchanged from the prior estimate of ₱2.00. Analyst Commentary With the fair value estimate held at ₱2.00 per share, recent commentary around Megaworld tends to focus on how much room there is for upside versus the risks tied to execution and growth assumptions.
Narrative Update Apr 10

MEG: Township And Leisure Estate Pipeline Will Support Future Repricing Potential

Narrative Update on Megaworld Analysts have lifted their price target on Megaworld by ₱4, citing steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as support for the updated view. Analyst Commentary Recent adjustments to Megaworld’s price target reflect a more constructive stance from bullish analysts, who are focusing on how existing assumptions around fair value and earnings can support the updated view.
Narrative Update Mar 27

MEG: Township And Leisure Estate Rollout Will Support Future Repricing Potential

Narrative Update Analysts have kept their price target for Megaworld steady at ₱2.86, citing broadly unchanged assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E, similar to how recent research in other sectors has refreshed estimates without altering core valuation views. Analyst Commentary Recent Street research on other names in the broader market highlights how analysts are refining earnings models and price targets while holding on to core views about fair value and execution.

Recent updates

Narrative Update Jun 06

MEG: Expanded Green Townships And Hotels Will Support Future Repricing Potential

Analysts have slightly adjusted their price target for Megaworld to around ₱2.83 from about ₱2.86. This reflects updated views on its fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Apr 27

MEG: Township Expansion Will Test Cash Flows While Fair Value Appears Intact

Analysts have adjusted their Megaworld price targets to reflect updated assumptions on revenue growth, profit margins, discount rate, and future P/E, resulting in a revised fair value estimate of ₱2.00 per share, which remains unchanged from the prior estimate of ₱2.00. Analyst Commentary With the fair value estimate held at ₱2.00 per share, recent commentary around Megaworld tends to focus on how much room there is for upside versus the risks tied to execution and growth assumptions.
Narrative Update Apr 10

MEG: Township And Leisure Estate Pipeline Will Support Future Repricing Potential

Narrative Update on Megaworld Analysts have lifted their price target on Megaworld by ₱4, citing steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as support for the updated view. Analyst Commentary Recent adjustments to Megaworld’s price target reflect a more constructive stance from bullish analysts, who are focusing on how existing assumptions around fair value and earnings can support the updated view.
Narrative Update Mar 27

MEG: Township And Leisure Estate Rollout Will Support Future Repricing Potential

Narrative Update Analysts have kept their price target for Megaworld steady at ₱2.86, citing broadly unchanged assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E, similar to how recent research in other sectors has refreshed estimates without altering core valuation views. Analyst Commentary Recent Street research on other names in the broader market highlights how analysts are refining earnings models and price targets while holding on to core views about fair value and execution.
Narrative Update Mar 12

MEG: Township And Leisure Estate Expansion Will Support A Brighter Forward Outlook

Analysts have raised their price target for Megaworld to about ₱2.86 from roughly ₱2.77, citing updated assumptions that include a higher discount rate, a more moderate revenue growth outlook, slightly stronger profit margins, and a higher future P/E multiple. Analyst Commentary Analysts updating their models for Megaworld are adjusting key assumptions around discount rates, revenue growth, margins, and the P/E multiple.
Narrative Update Feb 26

MEG: Township And Leisure Estate Expansion Will Support A More Optimistic Outlook

Analysts have kept their fair value estimate for Megaworld steady at ₱2.77 per share, with a slightly lower discount rate and a marginally adjusted future P/E assumption, reflecting fine tuning of their risk and earnings outlook rather than a major shift in the price target narrative. What's in the News Megaworld is starting land development at its 84 hectare Ilocandia Coastown township in Ilocos Norte, including roads, infrastructure, and the launch of Ilocandia Beach Village, a 19.4 hectare gated residential community with 446 beachside lots and extensive leisure amenities.
Narrative Update Feb 11

MEG: Township Expansion And Hotel Conversion Will Support A More Optimistic Outlook

Analysts have lifted their fair value estimate for Megaworld from ₱2.62 to around ₱2.77, citing updated assumptions that include the latest revenue growth outlook, profit margin expectations, a slightly lower discount rate, and a modestly lower future P/E multiple. What's in the News Megaworld is developing The Sugartown, a 97-hectare township along the Bacolod Silay Airport Road in Talisay City, Negros Occidental, with a planned PHP 8b allocation over the next 7 to 10 years for mixed residential, commercial, retail, and tourism uses (Key Developments).
Narrative Update Jan 27

MEG: Township Expansion Will Pressure Cash Flows And Profitability Outlook

Analysts have trimmed their price target on Megaworld to $2.00, reflecting slightly updated assumptions on revenue growth, profit margins, discount rate and forward P/E, while keeping their overall valuation view broadly in line with prior estimates. What's in the News Megaworld is developing The Sugartown, a 97 hectare township along the Bacolod Silay Airport Road in Talisay City, Negros Occidental.
Narrative Update Jan 12

MEG: Township Spending And Hotel Rebrand Will Strain Profitability Outlook

Analysts have adjusted their price target for Megaworld to reflect updated assumptions on revenue growth, profit margins and future P/E. The changes highlight a shift toward slightly stronger top line expectations while remaining more cautious on profitability.
Narrative Update Dec 14

MEG: Hotel Expansion And Township Investments Will Support Steady Outlook

Analysts have nudged their price target for Megaworld slightly higher to reflect a modest improvement in expected revenue trends, a small uptick in forecast profit margins, and a marginally lower future P/E multiple, even though they are applying a slightly higher discount rate to account for elevated risk. What's in the News Megaworld Hotels and Resorts signed a landmark agreement with Accor to convert the 1,530 room Grand Westside Hotel into Movenpick Manila Bay Westside, set to become the largest Movenpick hotel globally and targeted to open before end 2026 (Client Announcements).
Narrative Update Sep 04

Expansion Into Tourism And High-End Real Estate Will Strengthen Future Prospects

The slight increase in Megaworld’s future P/E ratio, while revenue growth forecasts remain stable, underpins the modest upward revision in its consensus price target from ₱2.56 to ₱2.62. What's in the News Announced annual dividend of PHP 0.0940 per share.
User avatar
New Narrative Feb 08

Expansion Into Tourism And High-End Real Estate Will Strengthen Future Prospects

Focus on upper-middle to high-end real estate supports strong profit margins by targeting less price-sensitive consumers.

Shareholder Returns

MEGPH Real EstatePH Market
7D-3.4%-3.8%-1.3%
1Y8.8%-23.9%-6.2%

Return vs Industry: MEG exceeded the PH Real Estate industry which returned -23.9% over the past year.

Return vs Market: MEG exceeded the PH Market which returned -6.2% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement3.1%
Real Estate Industry Average Movement5.3%
Market Average Movement5.0%
10% most volatile stocks in PH Market9.3%
10% least volatile stocks in PH Market2.8%

Stable Share Price: MEG has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: MEG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/aLourdes Gutierrez-Alfonsowww.megaworldcorp.com

Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. It operates through Real Estate, Rental, and Hotel Operations segments. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components; resort properties; and hotels.

Megaworld Corporation Fundamentals Summary

How do Megaworld's earnings and revenue compare to its market cap?
MEG fundamental statistics
Market cap₱63.89b
Earnings (TTM)₱21.20b
Revenue (TTM)₱82.39b
3.0x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEG income statement (TTM)
Revenue₱82.39b
Cost of Revenue₱28.18b
Gross Profit₱54.21b
Other Expenses₱33.01b
Earnings₱21.20b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.65
Gross Margin65.80%
Net Profit Margin25.73%
Debt/Equity Ratio32.2%

How did MEG perform over the long term?

See historical performance and comparison

Dividends

4.8%
Current Dividend Yield
15%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 21:46
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Megaworld Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russ ToribioBofA Global Research
Edser TrinidadCGS International
Ricardo PuigCitigroup Inc