MWTCF (Manila Water Co) ROCE %: 12.07% (As of Mar. 2026)

What is Manila Water Co ROCE %?

Manila Water Co MWTCF 95 ROCE % is 12.07% as of Mar. 2026. GuruFocus rates MWTCF with a GF Score™ of 95/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Manila Water Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.07%.

Manila Water Co (OTCPK:MWTCF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Manila Water Co ROCE % Related Terms

Manila Water Co ROCE % Historical Data

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The historical data trend for Manila Water Co's ROCE % 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 Water Co ROCE % Chart

Manila Water Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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5.18

6.64

7.25

9.98

11.51

Manila Water Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															11.77	13.63	13.96	9.82	12.07

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Manila Water Co Inc MWTCF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Manila Water Co ROCE % Calculation

Manila Water Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	406.145	/	( ( (3724.72 - 487.869)	+	(4900.955 - 1080.092) )	/ 2 )
	=	406.145	/	( (3236.851	+	3820.863)	/ 2 )
	=	406.145	/	3528.857
	=	11.51 %

Manila Water Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	489.044	/	( ( (4900.955 - 1080.092)	+	(4926.837 - 644.292) )	/ 2 )
	=	489.044	/	( ( 3820.863	+	4282.545 )	/ 2 )
	=	489.044	/	4051.704
	=	12.07 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 12.07% mean?

Manila Water Co (MWTCF) has a ROCE % of 12.07% as of Mar. 2026.

Is Manila Water Co's ROCE % too high?

Manila Water Co's current ROCE % is 12.07%. The Utilities - Regulated industry median ROCE % is 6.95. Manila Water Co's value of 12.07% is 73.7% above this industry median. Overall, Manila Water Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.

How does Manila Water Co's ROCE % compare to AWK and WTRG?

Manila Water Co's ROCE % of 12.07% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Manila Water Co's value of 12.07% is 73.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Utilities - Regulated company?

The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Water Co's current ROCE % of 12.07% is 73.7% above 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current ROCE % is 12.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Manila Water Co stock overvalued right now?

Manila Water Co (MWTCF) has a current ROCE % of 12.07%. The stock's GF Value™ is $0.68, compared to a current price of $0.72 — trading 5.5% above its estimated fair value. The current ROCE % is 12.07% and 73.7% above the Utilities - Regulated industry median of 6.95. Manila Water Co's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Manila Water Co (MWTCF), the current ROCE % is 12.07% 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 Water Co (MWTCF) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Water Co stock appears to be overvalued. The current stock price of $0.72 is trading 5.5% above its estimated GF Value™ of $0.68.

Key valuation signals for MWTCF:

ROCE %: 12.07%
GF Value™: $0.68 vs. price of $0.72 (5.5% above fair value)
GF Score™: 95/100 with 4 warning signs
Industry Position: 73.7% above the Utilities - Regulated median

No single metric tells the full story. See the MWTCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manila Water Co Business Description

Industry Utilities Utilities - Regulated

Comparable Companies PHS:MYNLD AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 DFM:EMPOWER BSP:CSMG3 SHSE:600323 HKSE:00371 LSE:PNN SZSE:000598 SHSE:601158 AWR CWT SZSE:000685 HTO BSP:SAPR3 XSGO:AGUAS-A

Other Exchanges MWTCY:USA MWC:Philippines

Address 489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105

Website https://www.manilawater.com

Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.72

Price

$0.68

GF Value

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