Manila Electric Co (MER)

Philippines
Currency in PHP
495.00
+4.00(+0.81%)
Closed
MER Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Unusual trading volume
Fair Value
Day's Range
486.00503.00
52 wk Range
345.00503.50
Key Statistics
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Bid/Ask
490.00 / 500.00
Prev. Close
495
Open
486
Day's Range
486-503
52 wk Range
345-503.5
Volume
432.36K
Average Volume (3m)
206.78K
1-Year Change
28.91%
Fair Value
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Fair Value Upside
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MER Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
495.56
Upside
+0.11%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Manila Electric Co Company Profile

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. The company also provides electromechanical engineering, construction, consulting, and related manpower services; rail-related operations and maintenance services; insurance and re-insurance services; e-business development; renewable harnessing services; energy power distribution and energy systems management; and electric vehicle and charging infrastructure solutions. In addition, it offers engineering, procurement, and construction services; telecommunication services; information technology and multi-media services; construction and leasing of communication towers, and other infrastructure; and operates and maintains transport service networks. Further, the company provides e-transaction and bills collection, outsourced payment collection, and outsourced tellering, as well as engages in real estate, property management and leasing, and coal trading businesses. Manila Electric Company was founded in 1903 and is headquartered in Pasig, the Philippines.

Sector
Utilities
Employees
5815

Compare MER to Peers and Sector

Metrics to compare
MER
Peers
Sector
Relationship
P/E Ratio
12.9x14.5x11.9x
PEG Ratio
0.760.050.02
Price/Book
4.2x1.4x1.3x
Price / LTM Sales
1.2x1.3x1.5x
Upside (Analyst Target)
5.9%18.9%20.4%
Fair Value Upside
Unlock−2.5%2.2%Unlock

Analyst Ratings

5 Buy
4 Hold
0 Sell
Ratings:
9 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 495.56
(+0.11% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 38.49
Dividend Yield
4.38%
Industry Median 3.62%
Annualized payout
21.5300
Paid unevenly
5-Years Growth
+16.36%
Growth Streak

Earnings

Latest Release
Oct 28, 2024
EPS / Forecast
8.98 / 8.98
Revenue / Forecast
117.95B / 117.95B
EPS Revisions
Last 90 days

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FAQ

What Is the Manila Electric (MER) Stock Price Today?

The Manila Electric stock price today is 495.00

What Stock Exchange Does Manila Electric Trade On?

Manila Electric is listed and trades on the Philippines stock exchange.

What Is the Stock Symbol for Manila Electric?

The stock symbol for Manila Electric is "MER."

Does Manila Electric Pay Dividends? What’s The Current Dividend Yield?

The Manila Electric dividend yield is 4.35%.

What Is the Manila Electric Market Cap?

As of today, Manila Electric market cap is 557.91B.

What is Manila Electric Earnings Per Share?

The Manila Electric EPS is 38.49.

What Is the Next Manila Electric Earnings Date?

Manila Electric will release its next earnings report on Mar 03, 2025.

From a Technical Analysis Perspective, Is MER a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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