Manila Electric CoPHS:MER +0.35%95 EV-to-EBITDA is 9.16 as of Jul. 13, 2026, which is 6% above its 10-year median of 8.63. GuruFocus rates PHS:MER with a GF Score™ of 95/100 and a GF Value™ of ₱530.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 467 Utilities - Regulated companies, Manila Electric Co ranks better than 54.39% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Manila Electric Co's enterprise value is ₱825,815 Mil.
Manila Electric Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₱90,110 Mil. Therefore, Manila Electric Co's EV-to-EBITDA for today is 9.16.
The historical rank and industry rank for Manila Electric Co's EV-to-EBITDA or its related term are showing as below:
PHS:MER'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.62 Med: 8.63 Max: 11.51
Current: 9.16
During the past 13 years, the highest EV-to-EBITDA of Manila Electric Co was 11.51. The lowest was 4.62. And the median was 8.63.
PHS:MER's EV-to-EBITDA is ranked better than 54.39% of 467
companies
in the Utilities - Regulated industry
Industry Median: 9.9
vs PHS:MER: 9.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Manila Electric Co (PHS:MER) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Manila Electric Co's PE Ratio (TTM) for today is calculated as:
Manila Electric Co's share price for today is ₱578.00.
Manila Electric Co's 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 ₱45.700.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Manila Electric Co's EV-to-EBITDA 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.
For the Utilities - Regulated Electric subindustry, Manila Electric Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's EV-to-EBITDA falls into.
Manila Electric Co's current Enterprise Value is ₱825,815 Mil.
Manila Electric Co's EBITDA 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 ₱90,110 Mil.
* 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 (PHS:MER) has a EV-to-EBITDA of 9.16 as of Jul. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Manila Electric Co. This is near median its historical median of 8.63. Over the past decade, Manila Electric Co's EV-to-EBITDA has ranged from 4.62 to 11.51. According to the industry distribution chart, Manila Electric Co ranks #213 out of 467 companies in the Utilities - Regulated industry, placing it in the top 45.6%.
Is Manila Electric Co's EV-to-EBITDA too high?
Manila Electric Co's current EV-to-EBITDA of 9.16 is near median its 10-year median of 8.63. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 11.51. The Utilities - Regulated industry median EV-to-EBITDA is 9.90. Manila Electric Co's value of 9.16 is 7.5% below this industry median. Based on the distribution chart, Manila Electric Co ranks #213 out of 467 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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 EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #213 out of 467 companies for EV-to-EBITDA. This puts Manila Electric Co in the upper half of its industry. The industry median EV-to-EBITDA is 9.90. Manila Electric Co's value of 9.16 is 7.5% below this benchmark. Historically, Manila Electric Co's own EV-to-EBITDA has ranged from 4.62 to 11.51 over the past decade. While the company's 10-year median is 8.63 vs. the industry median of 9.90, Manila Electric Co has consistently been below 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.90, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current EV-to-EBITDA of 9.16 is 7.5% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Manila Electric Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current EV-to-EBITDA is 9.16, which is near median its own 10-year median of 8.63. 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 ₱530.34, compared to a current price of ₱578.00 — trading 9% above its estimated fair value. The current EV-to-EBITDA is 9.16, which is near median its 10-year median of 8.63 and 7.5% below the Utilities - Regulated industry median of 9.90. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current EV-to-EBITDA is 9.16 as of Jul. 13, 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 ₱578.00 is trading 9% above its estimated GF Value™ of ₱530.34.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
EV-to-EBITDA: 9.16 (near median its 10-year median of 8.63)
GF Value™: ₱530.34 vs. price of ₱578.00 (9% above fair value)
Industry Position: 7.5% below the Utilities - Regulated median (#213 of 467)
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.
95GF Score
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