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Manila Electric Co's EPS (Basic) for the
three
months ended in Mar. 2026 was ₱9.61.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₱45.70.
During the past 12 months, Manila Electric Co's average EPS without NRIGrowth Rate was 9.80% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 22.40% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 26.00% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 10.30% per year.
During the past 13 years, Manila Electric Co's highest 3-Year average EPS without NRI Growth Rate was 63.60% per year. The lowest was -7.20% per year. And the median was 6.90% per year.
Manila Electric Co (PHS:MER) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Manila Electric Co Earnings per Share (Diluted) Related Terms
Manila Electric Co Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Manila Electric Co's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
PHS:MER vs NEE, SO, DUK: Earnings per Share (Diluted) Comparison
For the Utilities - Regulated Electric subindustry, Manila Electric Co's PE Ratio, along with its competitors' market caps and PE 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 Electric Co PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's PE Ratio distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's PE Ratio falls into.
Manila Electric Co Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Manila Electric Co's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱45.70
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of ₱45.70 mean?
Manila Electric Co (PHS:MER) has a Earnings per Share (Diluted) of ₱45.70 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Manila Electric Co and its competitors. According to the industry distribution chart, Manila Electric Co ranks #89 out of 417 companies in the Utilities - Regulated industry, placing it in the top 21.3%.
Is Manila Electric Co's Earnings per Share (Diluted) too high?
Manila Electric Co's current Earnings per Share (Diluted) is ₱45.70. Based on the distribution chart, Manila Electric Co ranks #89 out of 417 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Electric Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Earnings per Share (Diluted) compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #89 out of 417 companies for Earnings per Share (Diluted). This places Manila Electric Co in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings per Share (Diluted) is 5.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Utilities - Regulated company?
The median Earnings per Share (Diluted) among Utilities - Regulated companies is 5.30, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median Earnings per Share (Diluted) is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current Earnings per Share (Diluted) is ₱45.70. 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 Modestly Overvalued. The stock's GF Value™ is ₱531.20, compared to a current price of ₱600.00 — trading 13% above its estimated fair value. The current Earnings per Share (Diluted) is ₱45.70. Manila Electric Co's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Earnings per Share (Diluted) is ₱45.70 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 ₱600.00 is trading 13% above its estimated GF Value™ of ₱531.20.
GuruFocus considers Manila Electric Co to be Modestly Overvalued.
Key valuation signals for PHS:MER:
Earnings per Share (Diluted): ₱45.70
GF Value™: ₱531.20 vs. price of ₱600.00 (13% above 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.
96GF Score
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