Manila Electric – World Class Benchmarking
Company: Manila Electric Company
Bloomberg ticker: MER PM
Market cap: US$7,848m
Background: Founded in 1903, Manila Electric Company is the largest distributor of electricity in the Philippines, generating and distributing power to more than 6.4m commercial, industrial and residential customers. MER’s power plants are mostly run on coal and natural gas and MER accounts for 55% of the Philippines’ total energy sales.
World Class Benchmarking of Manila Electric Company
- Profitable Growth rank of 3 was up compared to the prior period’s 5th rank
- This is above average performance compared to 300 large Utilities companies worldwide
- Profitability rank of 3 was the same as its Growth rank of 3
- Profitability rank of 3 was the same compared to the prior period’s 3rd rank
- This is above average performance compared to peers
- Growth rank of 3 was up compared to the prior period’s 9th rank
- This is above average performance compared to peers
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.