Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Manila Electric Co's Enterprise Value is ₱429,450 Mil.
Manila Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₱51,143 Mil. Therefore, Manila Electric Co's EV-to-EBIT ratio for today is 8.40.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Manila Electric Co's Enterprise Value is ₱429,450 Mil.
Manila Electric Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₱67,769 Mil. Therefore, Manila Electric Co's EV-to-EBITDA ratio for today is 6.34.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Manila Electric Co's Enterprise Value is ₱429,450 Mil.
Manila Electric Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₱443,612 Mil. Therefore, Manila Electric Co's EV-to-Revenue ratio for today is 0.97.
Manila Electric Co Enterprise Value Historical Data
The historical data trend for Manila Electric Co's Enterprise Value 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.
Competitive Comparison of Manila Electric Co's Enterprise Value
For the Utilities - Regulated Electric subindustry, Manila Electric Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's Enterprise Value falls into.
Manila Electric Co Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Manila Electric Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Manila Electric Co's current Enterprise Value is ₱429,450 Mil.
Manila Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱51,143 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Manila Electric Co's current Enterprise Value is ₱429,450 Mil.
Manila Electric Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱67,769 Mil.
Manila Electric Co's current Enterprise Value is ₱429,450 Mil.
Manila Electric Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱443,612 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Manila Electric Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PHS:MER has been successfully added to your 