Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Manila Electric Co's quarterly buildings and improvements
increased
from Sep. 2025 (₱14,649 Mil) to Dec. 2025 (₱14,687 Mil) and
increased
from Dec. 2025 (₱14,687 Mil) to Mar. 2026 (₱14,742 Mil).
Manila Electric Co's annual buildings and improvements
declined
from Dec. 2023 (₱16,485 Mil) to Dec. 2024 (₱13,445 Mil) but then
increased
from Dec. 2024 (₱13,445 Mil) to Dec. 2025 (₱14,687 Mil).
Manila Electric Co Buildings And Improvements Historical Data
* Premium members only.
The historical data trend for Manila Electric Co's Buildings And Improvements 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 Buildings And Improvements Chart
Manila Electric Co Buildings And Improvements Calculation
Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.
Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.
What does a Buildings And Improvements of ₱14,742 Mil mean?
Manila Electric Co (PHS:MER) has a Buildings And Improvements of ₱14,742 Mil as of Mar. 2026. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on Manila Electric Co and its competitors.
Is Manila Electric Co's Buildings And Improvements too high?
Manila Electric Co's current Buildings And Improvements is ₱14,742 Mil. Overall, Manila Electric Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Buildings And Improvements compare to NEE and SO?
Manila Electric Co's Buildings And Improvements of ₱14,742 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 Buildings And Improvements for an Utilities - Regulated company?
A good Buildings And Improvements depends on the Utilities - Regulated industry context. However, Buildings And Improvements 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 Buildings And Improvements mean?
A high Buildings And Improvements can signal that a stock is expensive relative to its fundamentals. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on Manila Electric Co and its competitors. Manila Electric Co's current Buildings And Improvements is ₱14,742 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 ₱534.30, compared to a current price of ₱488.00 — trading 8.7% below its estimated fair value. The current Buildings And Improvements is ₱14,742 Mil. Manila Electric Co's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buildings And Improvements calculated?
Buildings And Improvements is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Buildings And Improvements is ₱14,742 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 undervalued.
The current stock price of ₱488.00 is trading 8.7% below its estimated GF Value™ of ₱534.30.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
Buildings And Improvements: ₱14,742 Mil
GF Value™: ₱534.30 vs. price of ₱488.00 (8.7% below fair value)
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 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.
92GF Score
Get the complete analysis for PHS:MER
Buildings And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:MER has been successfully added to your 
