Ratings Manila Electric Company

Equities

MER

PHY5764J1483

End-of-day quote Philippines Stock Exchange Other stock markets 06:00:00 2023-12-06 pm EST			5-day change	1st Jan Change
372.6 ^PHP	-0.11%		+3.50%	+24.70%

Nov. 15	Manila Electric Company Announces Executive Changes	CI
Nov. 13	Manila Electric Company Appoints Marilene P. Tayag as Vice President and Chief Information Security Officer, Effective January 1, 2024	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
According to Refinitiv, the company's ESG score for its industry is good.

Strengths

The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Electric Utilities

	1st Jan change	Capi.	ESG Refinitiv
MANILA ELECTRIC COMPANY	+24.70%	7 582 M $	B+
NEXTERA ENERGY	-29.00%	123 B $	C+
IBERDROLA, S.A.	+7.91%	79 026 M $	B
SOUTHERN COMPANY	-0.11%	78 143 M $	B-
DUKE ENERGY CORPORATION	-8.43%	72 801 M $	B+
ENEL S.P.A.	+30.54%	71 698 M $	B-
AMERICAN ELECTRIC POWER COMPANY, INC.	-16.00%	42 175 M $	A-
DOMINION ENERGY, INC.	-22.73%	39 530 M $	A-
EXELON CORPORATION	-9.41%	39 161 M $	B-
CONSTELLATION ENERGY CORPORATION	+28.82%	35 301 M $	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes