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Manila Electric Co (MER)

Philippines
Currency in PHP
498.00
-1.00(-0.20%)
Closed
MER Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
High dividend Yield
Fair Value
Day's Range
492.00499.00
52 wk Range
345.00503.50
Bid/Ask
498.00 / 498.80
Prev. Close
499
Open
499
Day's Range
492-499
52 wk Range
345-503.5
Volume
115,400
Average Volume (3m)
232,588
1-Year Change
41.7%
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
478.32
Downside
-3.95%
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
12.7x11.3x11.9x
PEG Ratio
0.760.080.02
Price/Book
4.1x1.3x1.3x
Price / LTM Sales
1.2x1.0x1.6x
Upside (Analyst Target)
−12.2%20.3%15.7%
Fair Value Upside
Unlock2.2%1.0%Unlock

FAQ

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

The Manila Electric stock price today is 498.00

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 dividend yield is 4.31%.

What Is the Manila Electric Market Cap?

As of today, Manila Electric market cap is 558.36B.

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 02 Mar 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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