MWTCY (Manila Water Co) Cyclically Adjusted Revenue per Share: $4.68 (As of Mar. 2026)

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MWTCY Manila Water Co Inc MWTCY
87 GF Score
Price $15.43
GF Value $15.11
Valuation Fairly Valued
! 4 Warning Signs
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What is Manila Water Co Cyclically Adjusted Revenue per Share?

Manila Water Co MWTCY 87 Cyclically Adjusted Revenue per Share is $4.68 as of Mar. 2026. GuruFocus rates MWTCY with a GF Score™ of 87/100 and a GF Value™ of $15.11 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Manila Water Co's adjusted revenue per share for the three months ended in Mar. 2026 was $1.675. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $4.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Manila Water Co's average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Manila Water Co was 7.30% per year. The lowest was 6.00% per year. And the median was 6.55% per year.

As of today (2026-08-03), Manila Water Co's current stock price is $15.43. Manila Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.68. Manila Water Co's Cyclically Adjusted PS Ratio of today is 3.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Manila Water Co was 4.42. The lowest was 1.03. And the median was 2.62.


Manila Water Co  (OTCPK:MWTCY) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Manila Water Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.43/4.68
=3.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Manila Water Co was 4.42. The lowest was 1.03. And the median was 2.62.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Manila Water Co Cyclically Adjusted Revenue per Share Related Terms


Manila Water Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Manila Water Co's Cyclically Adjusted Revenue per Share 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 Water Co Cyclically Adjusted Revenue per Share Chart

Manila Water Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 4.11 4.11 4.53 4.76

Manila Water Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 4.07 3.81 4.96 4.76 4.68

MWTCY vs AWK, WTRG, AWR: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Water subindustry, Manila Water Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Manila Water Co's Cyclically Adjusted PS Ratio falls into.


MWTCY
87GF Score
Manila Water Co Inc MWTCY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Water Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Manila Water Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.675/330.2130*330.2130
=1.675

Current CPI (Mar. 2026) = 330.2130.

Manila Water Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.721 241.018 0.988
201609 0.616 241.428 0.843
201612 1.048 241.432 1.433
201703 0.806 243.801 1.092
201706 0.736 244.955 0.992
201709 0.955 246.819 1.278
201712 1.109 246.524 1.485
201803 0.715 249.554 0.946
201806 0.798 251.989 1.046
201809 0.772 252.439 1.010
201812 0.961 251.233 1.263
201903 0.734 254.202 0.953
201906 0.848 256.143 1.093
201909 0.866 256.759 1.114
201912 1.166 256.974 1.498
202003 1.076 258.115 1.377
202006 0.820 257.797 1.050
202009 0.830 260.280 1.053
202012 0.969 260.474 1.228
202103 0.690 264.877 0.860
202106 0.707 271.696 0.859
202109 0.554 274.310 0.667
202112 0.748 278.802 0.886
202203 0.731 287.504 0.840
202206 0.722 296.311 0.805
202209 0.964 296.808 1.072
202212 0.876 296.797 0.975
202303 1.051 301.836 1.150
202306 1.011 305.109 1.094
202309 0.963 307.789 1.033
202312 1.197 306.746 1.289
202403 1.395 312.332 1.475
202406 1.332 314.175 1.400
202409 1.278 315.301 1.338
202412 1.438 315.605 1.505
202503 1.508 319.799 1.557
202506 1.445 322.561 1.479
202509 1.393 324.800 1.416
202512 1.598 324.054 1.628
202603 1.675 330.213 1.675

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $4.68 mean?
Manila Water Co (MWTCY) has a Cyclically Adjusted Revenue per Share of $4.68 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Manila Water Co and its competitors.
Is Manila Water Co's Cyclically Adjusted Revenue per Share too high?
Manila Water Co's current Cyclically Adjusted Revenue per Share is $4.68. Overall, Manila Water Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Cyclically Adjusted Revenue per Share compare to AWK and WTRG?
Manila Water Co's Cyclically Adjusted Revenue per Share of $4.68 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 Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Manila Water Co and its competitors. Manila Water Co's current Cyclically Adjusted Revenue per Share is $4.68. 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 (MWTCY) is currently considered Fairly Valued. The stock's GF Value™ is $15.11, compared to a current price of $15.43 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $4.68. Manila Water Co's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Manila Water Co (MWTCY), the current Cyclically Adjusted Revenue per Share is $4.68 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 Water Co (MWTCY) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Water Co stock appears to be overvalued. The current stock price of $15.43 is trading 2.1% above its estimated GF Value™ of $15.11. GuruFocus considers Manila Water Co to be Fairly Valued.

Key valuation signals for MWTCY:

  • Cyclically Adjusted Revenue per Share: $4.68
  • GF Value™: $15.11 vs. price of $15.43 (2.1% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Manila Water Co Business Description

Other Exchanges MWC:Philippines
Address 489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
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.
87GF Score

Get the complete analysis for MWTCY

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.43
Price
$15.11
GF Value