Manila Electric Co (PHS:MER) Beginning Cash Position: ₱109,317 Mil (As of Mar. 2026)


PHS:MER Manila Electric Co PHS:MER
95 GF Score
Price ₱575.00
GF Value ₱529.03
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Manila Electric Co Beginning Cash Position?

Manila Electric Co PHS:MER +0.52% 95 Beginning Cash Position is ₱109,317 Mil as of Mar. 2026. GuruFocus rates PHS:MER with a GF Score™ of 95/100 and a GF Value™ of ₱529.03 (Fairly Valued). The stock has 6 warning signs investors should review.

Manila Electric Co's Beginning Cash Position for the quarter that ended in Mar. 2026 was ₱109,317 Mil.

Manila Electric Co's quarterly Beginning Cash Position declined from Sep. 2025 (₱91,754 Mil) to Dec. 2025 (₱88,220 Mil) but then increased from Dec. 2025 (₱88,220 Mil) to Mar. 2026 (₱109,317 Mil).

Manila Electric Co's annual Beginning Cash Position increased from Dec. 2023 (₱55,832 Mil) to Dec. 2024 (₱82,789 Mil) and increased from Dec. 2024 (₱82,789 Mil) to Dec. 2025 (₱84,480 Mil).

Manila Electric Co Beginning Cash Position Related Terms

Manila Electric Co Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Manila Electric Co's Beginning Cash Position 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.

Manila Electric Co Beginning Cash Position Chart

Manila Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50,912.00 55,007.00 55,832.00 82,789.00 84,480.00

Manila Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 84,480.00 103,124.00 91,754.00 88,220.00 109,317.00
PHS:MER
95GF Score
Manila Electric Co PHS:MER
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Electric Co Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of ₱109,317 Mil mean?
Manila Electric Co (PHS:MER) has a Beginning Cash Position of ₱109,317 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Manila Electric Co and its competitors.
Is Manila Electric Co's Beginning Cash Position too high?
Manila Electric Co's current Beginning Cash Position is ₱109,317 Mil. Overall, Manila Electric Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Beginning Cash Position compare to NEE and SO?
Manila Electric Co's Beginning Cash Position of ₱109,317 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Utilities - Regulated company?
A good Beginning Cash Position depends on the Utilities - Regulated industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Manila Electric Co and its competitors. Manila Electric Co's current Beginning Cash Position is ₱109,317 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Electric Co (PHS:MER) is currently considered Fairly Valued. The stock's GF Value™ is ₱529.03, compared to a current price of ₱575.00 — trading 8.7% above its estimated fair value. The current Beginning Cash Position is ₱109,317 Mil. Manila Electric Co's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Beginning Cash Position is ₱109,317 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manila Electric Co (PHS:MER) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued. The current stock price of ₱575.00 is trading 8.7% above its estimated GF Value™ of ₱529.03. GuruFocus considers Manila Electric Co to be Fairly Valued.

Key valuation signals for PHS:MER:

  • Beginning Cash Position: ₱109,317 Mil
  • GF Value™: ₱529.03 vs. price of ₱575.00 (8.7% above fair value)
  • GF Score™: 95/100 with 6 warning signs

No single metric tells the full story. See the PHS:MER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manila Electric Co Business Description

Other Exchanges MERVF:USAMAEOY:USA
Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
95GF Score

Get the complete analysis for PHS:MER

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱575.00
Price
₱529.03
GF Value