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Manila Water CoPHS:MWC -3.29%86 3-Year Book Growth Rate is 11.90% as of Jun. 2026, which is 13% below its 10-year median of 13.60. GuruFocus rates PHS:MWC with a GF Score™ of 86/100 and a GF Value™ of ₱35.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 483 Utilities - Regulated companies, Manila Water Co ranks better than 81.57% on this metric.
During the past 12 months, Manila Water Co's average Book Value per Share Growth Rate was 20.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 11.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 3.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Manila Water Co was 19.40% per year. The lowest was -5.90% per year. And the median was 13.60% per year.
Manila Water Co (PHS:MWC) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Manila Water Co 3-Year Book Growth Rate Related Terms
PHS:MWC vs AWK, WTRG, AWR: 3-Year Book Growth Rate Comparison
For the Utilities - Regulated Water subindustry, Manila Water Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 Water Co 3-Year Book Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Water Co's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Manila Water Co's 3-Year Book Growth Rate falls into.
Manila Water Co 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 11.90% mean?
Manila Water Co (PHS:MWC) has a 3-Year Book Growth Rate of 11.90% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Manila Water Co and its competitors. This is 13% below median its historical median of 13.60. According to the industry distribution chart, Manila Water Co ranks #89 out of 483 companies in the Utilities - Regulated industry, placing it in the top 18.4%.
Is Manila Water Co's 3-Year Book Growth Rate too high?
Manila Water Co's current 3-Year Book Growth Rate of 11.90% is 13% below median its 10-year median of 13.60. The Utilities - Regulated industry median 3-Year Book Growth Rate is 5.00. Manila Water Co's value of 11.90% is 138% above this industry median. Based on the distribution chart, Manila Water Co ranks #89 out of 483 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Water Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's 3-Year Book Growth Rate compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #89 out of 483 companies for 3-Year Book Growth Rate. This places Manila Water Co in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 5.00. Manila Water Co's value of 11.90% is 138% above this benchmark. While the company's 10-year median is 13.60 vs. the industry median of 5.00, Manila Water Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Utilities - Regulated company?
The median 3-Year Book Growth Rate among Utilities - Regulated companies is 5.00, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Water Co's current 3-Year Book Growth Rate of 11.90% is 138% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Manila Water Co and its competitors. For the Utilities - Regulated industry, the median 3-Year Book Growth Rate is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current 3-Year Book Growth Rate is 11.90%, which is 13% below median its own 10-year median of 13.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Water Co (PHS:MWC) is currently considered Fairly Valued. The stock's GF Value™ is ₱35.73, compared to a current price of ₱35.30 — trading 1.2% below its estimated fair value. The current 3-Year Book Growth Rate is 11.90%, which is 13% below median its 10-year median of 13.60 and 138% above the Utilities - Regulated industry median of 5.00. Manila Water Co's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Manila Water Co (PHS:MWC), the current 3-Year Book Growth Rate is 11.90% as of Jun. 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 Water Co (PHS:MWC) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Water Co stock appears to be undervalued.
The current stock price of ₱35.30 is trading 1.2% below its estimated GF Value™ of ₱35.73.
GuruFocus considers Manila Water Co to be Fairly Valued.
Key valuation signals for PHS:MWC:
3-Year Book Growth Rate: 11.90% (13% below median its 10-year median of 13.60)
GF Value™: ₱35.73 vs. price of ₱35.30 (1.2% below fair value)
Industry Position: 138% above the Utilities - Regulated median (#89 of 483)
No single metric tells the full story. See the PHS:MWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
86GF Score
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