MER.PSE Manila Electric Co

Utilities Commercial Services & Supplies Philippine Stock Exchange
423.00 PHP
Close of Oct 30, 2026
412.20 645.85
Market cap
PHP 293B
P/E
-
P/B
-
ROE
29.7%
Dividend yield
8.14%
Fundamental score
2.3/5

Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2025.

Is MER.PSE undervalued?

Graham number

The Graham number of Manila Electric Co cannot be estimated reliably (it needs positive earnings and book value).

Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?

Manila Electric Co fundamental analysis

10 of 22 checks passed

ROE 2/2

High return on equity (29.7%), above 20%.

ROA 1/1

Return on assets (6.2%) is above the industry median (2.9%).

Profit Consistency 2/2

Profitable for 10 consecutive years.

Earnings Growth 5Y 1/1

Earnings per share grew over the past 5 years.

Earnings Acceleration 1/1

Last year's EPS growth (20.6%) is above the 5-year average (14.5% a year).

Earnings Growth vs Industry 1/1

Last year's EPS growth (20.6%) is above the industry median (7.5%).

Revenue Growth 2/2

Revenue grew 13.9% a year over the past 3 years.

Short-term Liquidity 0/1

Current assets do not cover short-term liabilities.

Long-term Liabilities 0/1

Current assets do not cover long-term liabilities.

Debt to Equity 0/2

High debt to equity (123.3%), above 100%.

Debt Trend 0/1

Debt to equity has risen over the past 5 years.

Debt Coverage 1/1

Operating cash flow covers 20% of total debt.

Interest Coverage 0/1

EBIT is negative, against interest expense, below 5x.

PE vs Market 0/1

PE is negative or not available.

PE vs Industry 0/1

PE is negative or not available.

PBV 0/1

Price to book is negative or not available.

Graham Number 0/1

Graham number needs positive earnings and book value.

PEG 0/1

PEG needs positive PE and positive 5-year earnings growth.

Dividend Yield 0/2

Dividend yield cannot be calculated.

Dividend Stability 0/2

Dividends were not paid steadily for the past 5 years.

Dividend Growth 1/1

Dividends paid grew over the past 5 years.

Payout Ratio 1/1

Payout ratio is 51.9%, covered by earnings.

Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score

Manila Electric Co stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.