Next report date
Report period
Q1 2024
EPS estimate
6.44PHP
Revenue estimate
110.82 BPHP
33.8PHP
38.02 BPHP
443.61 BPHP
294.09 M
About MANILA ELECTRIC COMPANY
Sector
Industry
CEO
Manuel Velez Pangilinan
Website
Headquarters
Pasig
Founded
1903
ISIN
PHY5764J1483
FIGI
BBG000CL9GG7
Manila Electric Co. engages in the generation and distribution of electricity. It operates through the following segments: Power and Other Services. The Power segment includes electricity distribution, power generation, and retail electricity supply. The Services and Others segment is involved primarily in electricity-related services such as electro-mechanical engineering, construction, consulting, and related manpower as well as light rail-related maintenance services, electronic transaction and bills collection, insurance and electronic business development and energy systems management. The company was founded in 1903 and is headquartered in Pasig, Philippines.
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Frequently Asked Questions
The current price of MER is 368.4 PHP — it has increased by 3.77% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on PSE exchange MANILA ELECTRIC COMPANY stocks are traded under the ticker MER.
MANILA ELECTRIC COMPANY is going to release the next earnings report on Apr 29, 2024. Keep track of upcoming events with our Earnings Calendar.
MER stock is 4.90% volatile and has beta coefficient of 0.67. Check out the list of the most volatile stocks — is MANILA ELECTRIC COMPANY there?
MER earnings for the last quarter are 4.10 PHP per share, whereas the estimation was 5.88 PHP resulting in a −30.25% surprise. The estimated earnings for the next quarter are 4.10 PHP per share. See more details about MANILA ELECTRIC COMPANY earnings.
MANILA ELECTRIC COMPANY revenue for the last quarter amounts to 115.28 B PHP despite the estimated figure of 114.63 B PHP. In the next quarter revenue is expected to reach 105.76 B PHP.
Yes, you can track MANILA ELECTRIC COMPANY financials in yearly and quarterly reports right on TradingView.
MER stock has risen by 5.20% compared to the previous week, the month change is a 2.05% rise, over the last year MANILA ELECTRIC COMPANY has showed a 11.70% increase.
MER net income for the last quarter is 9.62 B PHP, while the quarter before that showed 10.55 B PHP of net income which accounts for −8.74% change. Track more MANILA ELECTRIC COMPANY financial stats to get the full picture.
Today MANILA ELECTRIC COMPANY has the market capitalization of 400.12 B, it has increased by 1.21% over the last week.
MANILA ELECTRIC COMPANY dividend yield was 4.95% in 2023, and payout ratio reached 58.55%. The year before the numbers were 5.63% and 66.73% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MER shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MANILA ELECTRIC COMPANY stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MANILA ELECTRIC COMPANY technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MANILA ELECTRIC COMPANY stock shows the buy signal. See more of MANILA ELECTRIC COMPANY technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MANILA ELECTRIC COMPANY future price: according to them, MER price has a max estimate of 445.70 PHP and a min estimate of 351.25 PHP. Read a more detailed MANILA ELECTRIC COMPANY forecast: see what analysts think of MANILA ELECTRIC COMPANY and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MANILA ELECTRIC COMPANY EBITDA is 59.81 B PHP, and current EBITDA margin is 13.48%. See more stats in MANILA ELECTRIC COMPANY financial statements.