Manila Electric Co (PHS:MER) Total Debt per Share: ₱210.19 (As of Mar. 2026)

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Manila Electric Co PHS:MER

94 GF Score

Price ₱565.00

GF Value ₱530.43

Valuation Fairly Valued

6 Warning Signs

View Full Analysis

What is Manila Electric Co Total Debt per Share?

Manila Electric Co PHS:MER +0.53% 94 Total Debt per Share is ₱210.19 as of Mar. 2026. GuruFocus rates PHS:MER with a GF Score™ of 94/100 and a GF Value™ of ₱530.43 (Fairly Valued). The stock has 6 warning signs investors should review.

₱210.19 (As of Mar. 2026)

Total Debt per Share is calculated as total debt divided by Shares Outstanding (EOP). Total debt is calculated as Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Manila Electric Co's Total Debt Per Share for the quarter that ended in Mar. 2026 was ₱210.19.

Manila Electric Co Total Debt per Share Related Terms

Manila Electric Co Total Debt per Share Historical Data

* Premium members only.

The historical data trend for Manila Electric Co's Total Debt per Share 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 Total Debt per Share Chart

Manila Electric Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Debt per Share

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79.14

91.25

89.31

82.88

202.97

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
Total Debt per Share	Get a 7-Day Free Trial															165.68	180.52	188.14	202.97	210.19

94GF Score

Manila Electric Co PHS:MER

Total Debt per Share is just one metric. See GF Score™, valuation, warning signs, and more.

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Manila Electric Co Total Debt per Share Calculation

Manila Electric Co's Total Debt Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Total Debt Per Share	=	(Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation)	/	Shares Outstanding (EOP)
	=	(186,531	+	42,231)	/	1,127
	=	202.97

Manila Electric Co's Total Debt Per Share for the quarter that ended in Mar. 2026 is calculated as:

Total Debt Per Share	=	(Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation)	/	Shares Outstanding (EOP)
	=	(202,668	+	34,230)	/	1,127
	=	210.18

Frequently Asked Questions Learn more about Total Debt per Share →

What does a Total Debt per Share of ₱210.19 mean?

Manila Electric Co (PHS:MER) has a Total Debt per Share of ₱210.19 as of Mar. 2026. Total debt per share equals the per-share value of a company's long-term and short-term debt. View historical data on Manila Electric Co and its competitors.

Is Manila Electric Co's Total Debt per Share too high?

Manila Electric Co's current Total Debt per Share is ₱210.19. Overall, Manila Electric Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Manila Electric Co's Total Debt per Share compare to NEE and SO?

Manila Electric Co's Total Debt per Share of ₱210.19 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Debt per Share for an Utilities - Regulated company?

A good Total Debt per Share depends on the Utilities - Regulated industry context. However, Total Debt per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Debt per Share mean?

A high Total Debt per Share can signal that a stock is expensive relative to its fundamentals. Total debt per share equals the per-share value of a company's long-term and short-term debt. View historical data on Manila Electric Co and its competitors. Manila Electric Co's current Total Debt per Share is ₱210.19. 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 ₱530.43, compared to a current price of ₱565.00 — trading 6.5% above its estimated fair value. The current Total Debt per Share is ₱210.19. Manila Electric Co's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Debt per Share calculated?

Total Debt per Share is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Total Debt per Share is ₱210.19 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 ₱565.00 is trading 6.5% above its estimated GF Value™ of ₱530.43. GuruFocus considers Manila Electric Co to be Fairly Valued.

Key valuation signals for PHS:MER:

Total Debt per Share: ₱210.19
GF Value™: ₱530.43 vs. price of ₱565.00 (6.5% above fair value)
GF Score™: 94/100 with 6 warning signs

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

Industry Utilities Utilities - Regulated

Comparable Companies PHS:AP PHS:AEV PHS:SGP PHS:FPH PHS:VVT PHS:SPC PHS:ACR PHS:JOH NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED

Other Exchanges MERVF:USA MAEOY:USA

Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605

Website https://www.meralco.com.ph

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.

94GF Score

Get the complete analysis for PHS:MER

Total Debt per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱565.00

Price

₱530.43

GF Value

View PHS:MER Analysis

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