MER Stock Overview
Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
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Manila Electric Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₱452.00 |
| 52 Week High | ₱503.50 |
| 52 Week Low | ₱345.00 |
| Beta | 0.24 |
| 1 Month Change | -9.60% |
| 3 Month Change | 8.39% |
| 1 Year Change | 16.49% |
| 3 Year Change | 51.17% |
| 5 Year Change | 42.59% |
| Change since IPO | 343.78% |
Recent News & Updates
Recent updates
Shareholder Returns
| MER | PH Electric Utilities | PH Market | |
|---|---|---|---|
| 7D | -4.6% | -1.4% | -2.3% |
| 1Y | 16.5% | 11.8% | 7.9% |
Return vs Industry: MER exceeded the PH Electric Utilities industry which returned 11.8% over the past year.
Return vs Market: MER exceeded the PH Market which returned 7.9% over the past year.
Price Volatility
| MER volatility | |
|---|---|
| MER Average Weekly Movement | 5.2% |
| Electric Utilities Industry Average Movement | 4.0% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in PH Market | 10.9% |
| 10% least volatile stocks in PH Market | 2.8% |
Stable Share Price: MER has not had significant price volatility in the past 3 months compared to the PH market.
Volatility Over Time: MER's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1903 | n/a | Manny Pangilinan | www.meralco.com.ph |
Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. The company operates in Power and Other Services segments. It offers power to approximately 7.8 million industrial, commercial, and residential customers in 38 cities and 73 municipalities, including Metro Manila, and the provinces of Rizal, Cavite, and Bulacan, as well as parts of the provinces of Pampanga, Batangas, Laguna, and Quezon; distributes power to customers in Clark Special Economic Zone; and develops, constructs, and operates solar-powered generation facilities; and owns and operates coal and diesel-fired, and liquefied natural gas power plants.
Manila Electric Company Fundamentals Summary
| MER fundamental statistics | |
|---|---|
| Market cap | ₱509.45b |
| Earnings (TTM) | ₱43.38b |
| Revenue (TTM) | ₱463.80b |
11.7x
P/E Ratio1.1x
P/S RatioIs MER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MER income statement (TTM) | |
|---|---|
| Revenue | ₱463.80b |
| Cost of Revenue | ₱367.13b |
| Gross Profit | ₱96.68b |
| Other Expenses | ₱53.30b |
| Earnings | ₱43.38b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 38.49 |
| Gross Margin | 20.84% |
| Net Profit Margin | 9.35% |
| Debt/Equity Ratio | 51.0% |
How did MER perform over the long term?
See historical performance and comparisonDividends
4.8%
Current Dividend Yield56%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Manila Electric Company is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julian Vincent Roxas | BofA Global Research |
| Eunice Dolatre | CGS International |
| Siew Khee Lim | CGS International |