Manila Electric Co (MER)
Philippine Stock Exchange · Philippines · prices in PHP · close of 22 Oct 2026
Key indicators
| Last close | PHP 440.00 |
|---|---|
| 52-week range | 410.00 – 679.50 |
| Return, 1 month / 3 months | −6.4% / −24.8% |
| Return, 1 year / 3 years | −19.3% / +36.0% |
| Trend | Below its 200-day average |
| RSI (14) | 47 |
| Volatility (1 year) | 29.8% |
| Worst drawdown (1 year) | -36.2% |
| Average daily value traded | 178.35M PHP |
| Dividend yield | 6.5% |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
Manila Electric Company, commonly called Meralco, is an electric distribution utility based in the Philippines. It delivers electricity to homes, businesses, government offices and industries across its franchise area, which covers Metro Manila and surrounding provinces. The company buys power from generators and supplies it through its distribution network, and it also offers related services to its customers. Its operations centre on maintaining and operating the poles, wires and substations that carry electricity to end users.
On this site Manila Electric Co appears as a stock on the Philippine Stock Exchange (Philippines), code MER, with prices in Philippine pesos (PHP). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
Manila Electric Co (MER) trades on the Philippine Stock Exchange in Philippines. It last closed at PHP 440.00 on 22 October 2026.
Its price-based Market X-Ray is 38 out of 100 (a weak price profile), ranking 180 of 238 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price fell 19.3% and over the last three months it fell 24.8%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Philippine Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 10 · Weak | Below its long-term averages and far from its highs. | |
| Above 200-day average | -19.2% | ||
| From 52-week high | -33.5% | ||
| Momentum | 11 · Weak | Lagging most stocks on this exchange. | |
| 3-month return | -24.8% | ||
| 6-month return | -28.8% | ||
| 12-month return, skipping the last month | -13.8% | ||
| Stability (higher is calmer) | 47 · Weak | Volatile, with deep drawdowns. | |
| Volatility, 1 year (lower is calmer) | 29.8% | ||
| Worst drawdown, 1 year (smaller is calmer) | -36.2% | ||
| Liquidity | 97 · Strong | Trades actively. | |
| Average daily value traded | 178.35M PHP | ||
| Zero-volume days | 0.0% | ||
| Income | 59 · Fair | Dividend is typical for this exchange. | |
| Dividend yield | 6.5% | ||
| Years with dividends | 5 |
Strengths
- Liquidity: Trades actively.
Weak spots
- Trend: Below its long-term averages and far from its highs.
- Momentum: Lagging most stocks on this exchange.
- Stability (higher is calmer): Volatile, with deep drawdowns.
Returns
| 1 week | +0.7% |
|---|---|
| 1 month | −6.4% |
| 3 months | −24.8% |
| 6 months | −28.8% |
| 1 year | −19.3% |
| 3 years | +36.0% |
| 5 years | +94.6% |
Signals
| 50-day / 200-day average | 456.78 / 544.71 |
|---|---|
| Golden / death cross (60 days) | None |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 14.34 |
Technical summary
Recent dividends
| Ex-dividend date | Amount per share |
|---|---|
| 27 Aug 2026 | PHP 11.7580 |
| 25 Mar 2026 | PHP 16.6720 |
| 26 Aug 2025 | PHP 11.3280 |
| 11 Mar 2025 | PHP 13.7360 |
| 27 Aug 2024 | PHP 10.2950 |
| 26 Mar 2024 | PHP 11.2350 |
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Philippine Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.