MWTC.F Stock Overview

Provides water treatment and distribution, sewerage, and sanitation services in the Philippines and internationally. More details

MWTC.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	3/6

Rewards

Trading at 44.7% below our estimate of its fair value

Earnings are forecast to grow 15.97% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 4.18% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Manila Water Company, Inc. Competitors

SJW Group

NasdaqGS:SJW

US$1.6b

Middlesex Water

NasdaqGS:MSEX

US$944.2m

California Water Service Group

NYSE:CWT

US$2.7b

American States Water

NYSE:AWR

US$2.9b

Price History & Performance

Summary of share price highs, lows and changes for Manila Water Company
Historical stock prices
Current Share Price	₱0.43
52 Week High	₱0.50
52 Week Low	₱0.32
Beta	1.04
1 Month Change	0%
3 Month Change	-5.43%
1 Year Change	n/a
3 Year Change	-9.38%
5 Year Change	n/a
Change since IPO	7.41%

Recent updates

Shareholder Returns

	MWTC.F	US Water Utilities	US Market
7D	0%	-0.6%	-1.1%
1Y	n/a	-6.7%	22.4%

Return vs Industry: Insufficient data to determine how MWTC.F performed against the US Water Utilities industry.

Return vs Market: Insufficient data to determine how MWTC.F performed against the US Market.

Price Volatility

Is MWTC.F's price volatile compared to industry and market?
MWTC.F volatility
MWTC.F Average Weekly Movement	n/a
Water Utilities Industry Average Movement	3.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MWTC.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MWTC.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1997	n/a	Jose De Dios	www.manilawater.com

Manila Water Company, Inc., together with its subsidiaries, provides water treatment and distribution, sewerage, and sanitation services in the Philippines and internationally. The company offers integrated used water, pipework, engineering, procurement, and management services. It also provides its services to people in the East Zone encompassing cities and municipalities, including Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig, Marikina, Quezon City, and Manila, as well as Rizal towns comprising Angono, Antipolo, Baras, Binangonan, Cainta, Cardona, Jala-Jala, Morong, Pililia, Rodriguez, San Mateo, Tanay, Taytay, and Teresa.

Manila Water Company, Inc. Fundamentals Summary

How do Manila Water Company's earnings and revenue compare to its market cap?
MWTC.F fundamental statistics
Market cap	US$1.38b
Earnings (TTM)	US$145.82m
Revenue (TTM)	US$605.62m

9.5x

P/E Ratio

2.3x

P/S Ratio

Is MWTC.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MWTC.F income statement (TTM)
Revenue	₱35.03b
Cost of Revenue	₱7.32b
Gross Profit	₱27.72b
Other Expenses	₱19.28b
Earnings	₱8.44b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.86
Gross Margin	79.12%
Net Profit Margin	24.08%
Debt/Equity Ratio	132.8%

How did MWTC.F perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 12:10
End of Day Share Price	2024/11/11 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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 .

Analyst Sources

Manila Water Company, Inc. is covered by 17 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.

Analyst	Institution
Julian Vincent Roxas	BofA Global Research
James McCafferty	CGS International
Edser Trinidad	CGS International