Manila Electric Co (PHS:MER) OCF Yield %: 9.88 (As of Jun. 24, 2026) — Near Median


PHS:MER Manila Electric Co PHS:MER
93 GF Score
Price ₱573.00
GF Value ₱528.22
Valuation Fairly Valued
! 9 Warning Signs
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What is Manila Electric Co OCF Yield %?

Manila Electric Co PHS:MER -1.21% 93 OCF Yield % is 9.88 as of Jun. 24, 2026, which is 4% above its 10-year median of 9.51. 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 508 Utilities - Regulated companies, Manila Electric Co ranks worse than 57.09% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Manila Electric Co's Trailing 12-Month Cash Flow from Operations is ₱65,830 Mil, and Market Cap is ₱645,824 Mil. Therefore, Manila Electric Co's OCF Yield % for today is 9.88%.

The historical rank and industry rank for Manila Electric Co's OCF Yield % or its related term are showing as below:

PHS:MER' s OCF Yield % Range Over the Past 10 Years
Min: 3.14   Med: 9.51   Max: 22.42
Current: 9.88


During the past 13 years, the highest OCF Yield % of Manila Electric Co was 22.42%. The lowest was 3.14%. And the median was 9.51%.

PHS:MER's OCF Yield % is ranked worse than
57.09% of 508 companies
in the Utilities - Regulated industry
Industry Median: 11.755 vs PHS:MER: 9.88

Manila Electric Co's OCF Margin % for the quarter that ended in Mar. 2026 was %.


Manila Electric Co OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Manila Electric Co OCF Yield % Related Terms


Manila Electric Co OCF Yield % Historical Data

* Premium members only.

The historical data trend for Manila Electric Co's OCF Yield % 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 OCF Yield % Chart

Manila Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.98 7.48 12.89 7.64 11.14

Manila Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Yield % 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 6.53 7.47 2.41 29.32 2.00

PHS:MER vs NEE, SO, DUK: OCF Yield % Comparison

For the Utilities - Regulated Electric subindustry, Manila Electric Co's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 Yield % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's OCF Yield % distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's OCF Yield % falls into.


PHS:MER
93GF Score
Manila Electric Co PHS:MER
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Electric Co OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Manila Electric Co's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=72077 / 646951.382
=11.14%

Manila Electric Co's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=3474 * 4 / 695979.9275
=2.00%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 9.88 mean?
Manila Electric Co (PHS:MER) has a OCF Yield % of 9.88 as of Jun. 24, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Manila Electric Co and its competitors. This is near median its historical median of 9.51. Over the past decade, Manila Electric Co's OCF Yield % has ranged from 3.14 to 22.42. According to the industry distribution chart, Manila Electric Co ranks #290 out of 508 companies in the Utilities - Regulated industry, placing it in the top 57.1%.
Is Manila Electric Co's OCF Yield % too high?
Manila Electric Co's current OCF Yield % of 9.88 is near median its 10-year median of 9.51. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 22.42. The Utilities - Regulated industry median OCF Yield % is 11.76. Manila Electric Co's value of 9.88 is 16% below this industry median. Based on the distribution chart, Manila Electric Co ranks #290 out of 508 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 Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #290 out of 508 companies for OCF Yield %. This places Manila Electric Co in the lower half of its industry. The industry median OCF Yield % is 11.76. Manila Electric Co's value of 9.88 is 16% below this benchmark. Historically, Manila Electric Co's own OCF Yield % has ranged from 3.14 to 22.42 over the past decade. While the company's 10-year median is 9.51 vs. the industry median of 11.76, 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 Yield % for an Utilities - Regulated company?
The median OCF Yield % among Utilities - Regulated companies is 11.76, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current OCF Yield % of 9.88 is 16% 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 Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median OCF Yield % is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current OCF Yield % is 9.88, which is near median its own 10-year median of 9.51. 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 Yield % is 9.88, which is near median its 10-year median of 9.51 and 16% below the Utilities - Regulated industry median of 11.76. 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 Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current OCF Yield % is 9.88 as of Jun. 24, 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 Yield %: 9.88 (near median its 10-year median of 9.51)
  • GF Value™: ₱528.22 vs. price of ₱573.00 (8.5% above fair value)
  • GF Score™: 93/100 with 9 warning signs
  • Industry Position: 16% below the Utilities - Regulated median (#290 of 508)

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 Business Description

Other Exchanges MERVF:USAMAEOY:USA
Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605
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 Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱573.00
Price
₱528.22
GF Value