Manila Electric CoPHS:MER -1.21%93 OCF Margin % is 2.88% as of Mar. 2026, which is 78% below its 10-year median of 13.16. GuruFocus rates PHS:MER with a GF Score™ of 93/100 and a GF Value™ of ₱528.22 (Fairly Valued). The stock has 9 warning signs investors should review. Among 499 Utilities - Regulated companies, Manila Electric Co ranks worse than 65.13% on this metric.
The historical rank and industry rank for Manila Electric Co's OCF Margin % or its related term are showing as below:
PHS:MER'
s OCF Margin % Range Over the Past 10 Years
Min: 5.9 Med: 13.16 Max: 14.49
Current: 13.07
During the past 13 years, the highest OCF Margin % of Manila Electric Co was 14.49%. The lowest was 5.90%. And the median was 13.16%.
PHS:MER's OCF Margin % is ranked worse than 65.13% of 499
companies
in the Utilities - Regulated industry
Industry Median: 18.61
vs PHS:MER: 13.07
Manila Electric Co OCF Margin % Related Terms
Manila Electric Co OCF Margin % Historical Data
* Premium members only.
The historical data trend for Manila Electric Co's OCF Margin % 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 OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's OCF Margin % falls into.
* 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 OCF Margin % of 2.88% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Manila Electric Co and its competitors. This is 78% below median its historical median of 13.16. Over the past decade, Manila Electric Co's OCF Margin % has ranged from 5.90 to 14.49. According to the industry distribution chart, Manila Electric Co ranks #325 out of 499 companies in the Utilities - Regulated industry, placing it in the top 65.1%.
Is Manila Electric Co's OCF Margin % too high?
Manila Electric Co's current OCF Margin % of 2.88% is 78% below median its 10-year median of 13.16. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 14.49. The Utilities - Regulated industry median OCF Margin % is 18.61. Manila Electric Co's value of 2.88% is 84.5% below this industry median. Based on the distribution chart, Manila Electric Co ranks #325 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Manila Electric Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's OCF Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #325 out of 499 companies for OCF Margin %. This places Manila Electric Co in the lower half of its industry. The industry median OCF Margin % is 18.61. Manila Electric Co's value of 2.88% is 84.5% below this benchmark. Historically, Manila Electric Co's own OCF Margin % has ranged from 5.90 to 14.49 over the past decade. While the company's 10-year median is 13.16 vs. the industry median of 18.61, 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 OCF Margin % for an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 18.61, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current OCF Margin % of 2.88% is 84.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 18.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current OCF Margin % is 2.88%, which is 78% below median its own 10-year median of 13.16. 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 ₱528.22, compared to a current price of ₱573.00 — trading 8.5% above its estimated fair value. The current OCF Margin % is 2.88%, which is 78% below median its 10-year median of 13.16 and 84.5% below the Utilities - Regulated industry median of 18.61. Manila Electric Co's overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current OCF Margin % is 2.88% 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 ₱573.00 is trading 8.5% above its estimated GF Value™ of ₱528.22.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
OCF Margin %: 2.88% (78% below median its 10-year median of 13.16)
GF Value™: ₱528.22 vs. price of ₱573.00 (8.5% above fair value)
Industry Position: 84.5% below the Utilities - Regulated median (#325 of 499)
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.
93GF Score
Get the complete analysis for PHS:MER
OCF Margin % 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 
