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Manila Electric Co (PHS:MER) Peter Lynch Fair Value : ₱404.54 (As of May. 16, 2024)


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What is Manila Electric Co Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Manila Electric Co's PEG is 1. Manila Electric Co's 5-Year TTM EBITDA Growth Rate is 11.99. Manila Electric Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was ₱33.74. Therefore, the Peter Lynch Fair Value for today is ₱404.54.

As of today (2024-05-16), Manila Electric Co's share price is ₱372.00. Manila Electric Co's Peter Lynch fair value is ₱404.54. Therefore, Manila Electric Co's Price to Peter Lynch Fair Value Ratio for today is 0.92.


The historical rank and industry rank for Manila Electric Co's Peter Lynch Fair Value or its related term are showing as below:

PHS:MER' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.85   Med: 1.29   Max: 1.97
Current: 0.92


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Manila Electric Co was 1.97. The lowest was 0.85. And the median was 1.29.


PHS:MER's Price-to-Peter-Lynch-Fair-Value is ranked better than
55.56% of 198 companies
in the Utilities - Regulated industry
Industry Median: 1.055 vs PHS:MER: 0.92

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Manila Electric Co Peter Lynch Fair Value Historical Data

The historical data trend for Manila Electric Co's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manila Electric Co Peter Lynch Fair Value Chart

Manila Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 151.38 404.54

Manila Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 151.38 189.25 250.45 340.52 404.54

Competitive Comparison of Manila Electric Co's Peter Lynch Fair Value

For the Utilities - Regulated Electric subindustry, Manila Electric Co's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manila Electric Co's Price-to-Peter-Lynch-Fair-Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's Price-to-Peter-Lynch-Fair-Value falls into.



Manila Electric Co Peter Lynch Fair Value Calculation

Manila Electric Co's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 11.99 *33.74
=404.54

Manila Electric Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱33.74.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Manila Electric Co  (PHS:MER) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 11.99 instead of 15 in this case.

Manila Electric Co's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=372.00/404.54
=0.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Manila Electric Co Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Manila Electric Co's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Manila Electric Co (PHS:MER) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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