Maynilad Water Services (PHS:MYNLD) ROE %: 14.85% (As of Mar. 2026) — Near Median

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PHS:MYNLD Maynilad Water Services Inc PHS:MYNLD
31 GF Score
Price ₱19.46
! 4 Warning Signs
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What is Maynilad Water Services ROE %?

Maynilad Water Services PHS:MYNLD -1.22% 31 ROE % is 14.85% as of Mar. 2026, which is 4% above its 10-year median of 14.28. GuruFocus rates PHS:MYNLD with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 503 Utilities - Regulated companies, Maynilad Water Services ranks better than 83.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maynilad Water Services's annualized net income for the quarter that ended in Mar. 2026 was ₱15,969 Mil. Maynilad Water Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₱107,544 Mil. Therefore, Maynilad Water Services's annualized ROE % for the quarter that ended in Mar. 2026 was 14.85%.

The historical rank and industry rank for Maynilad Water Services's ROE % or its related term are showing as below:

PHS:MYNLD' s ROE % Range Over the Past 10 Years
Min: 9.56   Med: 14.28   Max: 17.81
Current: 17.53

During the past 9 years, Maynilad Water Services's highest ROE % was 17.81%. The lowest was 9.56%. And the median was 14.28%.

PHS:MYNLD's ROE % is ranked better than
83.5% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.69 vs PHS:MYNLD: 17.53

Maynilad Water Services  (PHS:MYNLD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=15969.088/107544.089
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15969.088 / 36373.312)*(36373.312 / 248120.5645)*(248120.5645 / 107544.089)
=Net Margin %*Asset Turnover*Equity Multiplier
=43.9 %*0.1466*2.3072
=ROA %*Equity Multiplier
=6.44 %*2.3072
=14.85 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=15969.088/107544.089
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (15969.088 / 19809.552) * (19809.552 / -5678.828) * (-5678.828 / 36373.312) * (36373.312 / 248120.5645) * (248120.5645 / 107544.089)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8061 * -3.4883 * -15.61 % * 0.1466 * 2.3072
=14.85 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Maynilad Water Services ROE % Related Terms


Maynilad Water Services ROE % Historical Data

* Premium members only.

The historical data trend for Maynilad Water Services's ROE % 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.

Maynilad Water Services ROE % Chart

Maynilad Water Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only 10.53 9.56 13.75 17.81 16.44

Maynilad Water Services Quarterly Data
Dec18 Dec19 Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 19.57 20.64 20.09 16.01 14.85

PHS:MYNLD vs AWK, WTRG, AWR: ROE % Comparison

For the Utilities - Regulated Water subindustry, Maynilad Water Services's ROE %, along with its competitors' market caps and ROE % 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.


Maynilad Water Services ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Maynilad Water Services's ROE % distribution charts can be found below:

* The bar in red indicates where Maynilad Water Services's ROE % falls into.


PHS:MYNLD
31GF Score
Maynilad Water Services Inc PHS:MYNLD
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maynilad Water Services ROE % Calculation

Maynilad Water Services's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=15219.265/( (75354.95+109767.437)/ 2 )
=15219.265/92561.1935
=16.44 %

Maynilad Water Services's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=15969.088/( (109767.437+105320.741)/ 2 )
=15969.088/107544.089
=14.85 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.85% mean?
Maynilad Water Services (PHS:MYNLD) has a ROE % of 14.85% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Maynilad Water Services and its competitors. This is near median its historical median of 14.28. Over the past decade, Maynilad Water Services' ROE % has ranged from 9.56 to 17.81. According to the industry distribution chart, Maynilad Water Services ranks #83 out of 503 companies in the Utilities - Regulated industry, placing it in the top 16.5%.
Is Maynilad Water Services' ROE % too high?
Maynilad Water Services' current ROE % of 14.85% is near median its 10-year median of 14.28. Over the past 10 years, this metric has ranged from a low of 9.56 to a high of 17.81. The Utilities - Regulated industry median ROE % is 8.69. Maynilad Water Services' value of 14.85% is 70.9% above this industry median. Based on the distribution chart, Maynilad Water Services ranks #83 out of 503 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Maynilad Water Services has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Maynilad Water Services' ROE % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Maynilad Water Services ranks #83 out of 503 companies for ROE %. This places Maynilad Water Services in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 8.69. Maynilad Water Services' value of 14.85% is 70.9% above this benchmark. Historically, Maynilad Water Services' own ROE % has ranged from 9.56 to 17.81 over the past decade. While the company's 10-year median is 14.28 vs. the industry median of 8.69, Maynilad Water Services has consistently been above 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maynilad Water Services's current ROE % of 14.85% is 70.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Maynilad Water Services and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maynilad Water Services's current ROE % is 14.85%, which is near median its own 10-year median of 14.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maynilad Water Services stock overvalued right now?
Maynilad Water Services (PHS:MYNLD) has a current ROE % of 14.85%. The current ROE % is 14.85%, which is near median its 10-year median of 14.28 and 70.9% above the Utilities - Regulated industry median of 8.69. Maynilad Water Services' overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Maynilad Water Services (PHS:MYNLD), the current ROE % is 14.85% 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.

Maynilad Water Services Business Description

Address Katipunan Avenue, Maynilad Building, MWSS Complex, Pansol, Quezon, PHL, 1119
Maynilad Water Services Inc is the water and wastewater services provider for the West Zone of the Greater Metro Manila area in the Philippines. It operates under a government concession to manage, operate, and invest in water distribution and sewerage systems, delivering safe, potable water and sanitation services to its customers. The company also offers sewerage connections where available and septic tank cleaning services in other areas, aiming to provide reliable and sustainable water and sanitation solutions.
31GF Score

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