Manila Electric CoPHS:MER -2.22%95 5-Year Yield-on-Cost % is 12.32 as of Jul. 03, 2026, which is 18% above its 10-year median of 10.41. GuruFocus rates PHS:MER with a GF Score™ of 95/100 and a GF Value™ of ₱528.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 428 Utilities - Regulated companies, Manila Electric Co ranks better than 91.36% on this metric.
Manila Electric Co's yield on cost for the quarter that ended in Mar. 2026 was 12.32.
The historical rank and industry rank for Manila Electric Co's 5-Year Yield-on-Cost % or its related term are showing as below:
PHS:MER'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.92 Med: 10.41 Max: 15.31
Current: 12.32
During the past 13 years, Manila Electric Co's highest Yield on Cost was 15.31. The lowest was 5.92. And the median was 10.41.
PHS:MER's 5-Year Yield-on-Cost % is ranked better than 91.36% of 428
companies
in the Utilities - Regulated industry
Industry Median: 4.23
vs PHS:MER: 12.32
Manila Electric Co (PHS:MER) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Manila Electric Co 5-Year Yield-on-Cost % Related Terms
PHS:MER vs NEE, SO, DUK: 5-Year Yield-on-Cost % Comparison
For the Utilities - Regulated Electric subindustry, Manila Electric Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's 5-Year Yield-on-Cost % falls into.
Manila Electric Co 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Manila Electric Co (PHS:MER) has a 5-Year Yield-on-Cost % of 12.32 as of Jul. 03, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Manila Electric Co and its competitors. This is 18% above median its historical median of 10.41. Over the past decade, Manila Electric Co's 5-Year Yield-on-Cost % has ranged from 5.92 to 15.31. According to the industry distribution chart, Manila Electric Co ranks #37 out of 428 companies in the Utilities - Regulated industry, placing it in the top 8.6%.
Is Manila Electric Co's 5-Year Yield-on-Cost % too high?
Manila Electric Co's current 5-Year Yield-on-Cost % of 12.32 is 18% above median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 5.92 to a high of 15.31. The Utilities - Regulated industry median 5-Year Yield-on-Cost % is 4.23. Manila Electric Co's value of 12.32 is 191.3% above this industry median. Based on the distribution chart, Manila Electric Co ranks #37 out of 428 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Electric Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's 5-Year Yield-on-Cost % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #37 out of 428 companies for 5-Year Yield-on-Cost %. This places Manila Electric Co in the top 9% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 4.23. Manila Electric Co's value of 12.32 is 191.3% above this benchmark. Historically, Manila Electric Co's own 5-Year Yield-on-Cost % has ranged from 5.92 to 15.31 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 4.23, Manila Electric Co 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 5-Year Yield-on-Cost % for an Utilities - Regulated company?
The median 5-Year Yield-on-Cost % among Utilities - Regulated companies is 4.23, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current 5-Year Yield-on-Cost % of 12.32 is 191.3% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median 5-Year Yield-on-Cost % is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current 5-Year Yield-on-Cost % is 12.32, which is 18% above median its own 10-year median of 10.41. 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 ₱528.95, compared to a current price of ₱572.00 — trading 8.1% above its estimated fair value. The current 5-Year Yield-on-Cost % is 12.32, which is 18% above median its 10-year median of 10.41 and 191.3% above the Utilities - Regulated industry median of 4.23. Manila Electric Co's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current 5-Year Yield-on-Cost % is 12.32 as of Jul. 03, 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 ₱572.00 is trading 8.1% above its estimated GF Value™ of ₱528.95.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
5-Year Yield-on-Cost %: 12.32 (18% above median its 10-year median of 10.41)
GF Value™: ₱528.95 vs. price of ₱572.00 (8.1% above fair value)
Industry Position: 191.3% above the Utilities - Regulated median (#37 of 428)
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.
95GF Score
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