Manila Electric Co
XPHS:MER

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Manila Electric Co
XPHS:MER
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Price: 486 PHP 7.52% Market Closed
Market Cap: 547.8B PHP
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Manila Electric Co
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Manila Electric Co
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Manila Electric Co
XPHS:MER
Accounts Payable
₱76B
CAGR 3-Years
17%
CAGR 5-Years
15%
CAGR 10-Years
N/A
F
First Philippine Holdings Corp
XPHS:FPH
Accounts Payable
₱35.9B
CAGR 3-Years
20%
CAGR 5-Years
19%
CAGR 10-Years
N/A
S
Synergy Grid and Development Phils Inc
XPHS:SGP
Accounts Payable
₱23.3B
CAGR 3-Years
-23%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Manila Electric Co
Glance View

Market Cap
547.6B PHP
Industry
Utilities

Tucked in the bustling streets and sprawling urban landscapes of the Philippines lies the Manila Electric Co., known affectionately as Meralco, a titan in the nation's electricity supply chain. Founded over a century ago, Meralco has grown alongside the heartbeat of the country, illuminating homes, powering industries, and enabling commerce. The company orchestrates the complex dance of electrical transmission and distribution, ensuring that the energy generated from various sources—whether the sun-soaked panels on Leyte island or the gas-fired plants in Batangas—reaches its millions of customers scattered across several sprawling cities and towns. Meralco's business model is both robust and intricate. At its core, the company earns revenue by charging for the electricity it distributes to residential, commercial, and industrial sectors. The flow of income is anchored on regulated tariffs approved by the government, which ensures a steady stream of earnings while balancing affordability for consumers and profitability for the company. They strategically manage their grid infrastructure, investing in technology to minimize losses during transmission and distribution, which can account for a significant portion of operational costs. This commitment to efficiency and service innovation supports Meralco's continued relevance and resilience in an ever-evolving energy landscape, aligning profitability with the public good in a nation constantly on the move.

MER Intrinsic Value
501.85 PHP
Undervaluation 3%
Intrinsic Value
Price

See Also

What is Manila Electric Co's Accounts Payable?
Accounts Payable
76B PHP

Based on the financial report for Dec 31, 2023, Manila Electric Co's Accounts Payable amounts to 76B PHP.

What is Manila Electric Co's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
15%

Over the last year, the Accounts Payable growth was 5%. The average annual Accounts Payable growth rates for Manila Electric Co have been 17% over the past three years , 15% over the past five years .

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