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Utilities

Manila Water Co., Inc.

  • 23.40 PHP
  • +0.40
  • +1.74%
  • Philippines
    Aug 16, 2019
  • Ticker
    PHS(MWC)
  • Prev. close
    23.00
  • Market cap (PHP)
    47,491.30M
  • Market cap (USD)
    905.63M
  • Shares
    2,064.84M

Business Summary

Manila Water Co., Inc. engages in the provision of water, sewerage, sanitation, distribution, pipework, and management services. It operates through the following segments: Manila Concession and Head Office; Domestic Subsidiaries; and Foreign Subsidiaries. The Manila Concession and Head Office segment represents the operations of the Manila Concession (East Zone) of the parent company in accordance to its concession aggreement. The Domestic Subsidiaries segment covers the financial results of its Philippine businesses such as Manila Water Total Solutions Corp. (MWTS), Manila Water Philippine Ventures, Inc. (MWPVI), Calasiao Water, Zamboanga Water, and Davao Water. The Foreign Subsidiaries segment handles businesses outside the Philippines under the Manila Water Asia Pacific Pte. Ltd. (MWAP). The company was founded on January 6, 1997 and is headquartered in Quezon City, Philippines.

Financial Highlights

Dec 2018 PHPUSD
Revenue19,836.29M376.52M
Gross Profit12,453.17M236.38M
Operating income9,148.80M173.65M
Income before tax7,912.24M150.18M
Net income6,523.70M123.82M
EBITDA11,804.47M224.06M
Diluted EPS2.630.05
Dividends Per Share0.880.01
Total Assets123,042.91M2,339.88M
Total liabilities68,963.36M1,311.46M
Total equity52,948.44M1,006.91M
Operating cash flow2,345.81M44.52M
Currency in PHPCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 16,357.14M 16,935.88M 17,711.91M 18,515.77M 19,836.29M
Gross Profit 10,039.67M 9,747.97M 10,706.29M 11,589.76M 12,453.17M
Operating income 8,825.39M 8,486.68M 8,653.28M 8,598.39M 9,148.80M
Income before tax 7,308.94M 7,525.44M 7,564.53M 7,624.66M 7,912.24M
Net income 5,813.08M 5,957.78M 6,065.22M 6,146.60M 6,523.70M
EBITDA 11,269.38M 11,086.89M 11,519.32M 11,155.39M 11,804.47M
Diluted EPS 1.97 2.42 2.46 2.50 2.63
Dividends Per Share 0.81 0.41 0.84 0.85 0.88
Total Assets 75,111.44M 80,954.50M 85,815.24M 102,762.61M 123,042.91M
Total liabilities 39,758.33M 40,889.49M 41,114.33M 53,966.22M 68,963.36M
Total equity 34,759.71M 39,170.73M 43,703.62M 47,790.42M 52,948.44M
Operating cash flow 3,606.46M 3,366.12M 221.16M -1,425.62M 2,345.81M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 368.49M 371.94M 372.98M 367.26M 376.52M
Gross Profit 226.17M 214.08M 225.45M 229.88M 236.38M
Operating income 198.82M 186.38M 182.22M 170.55M 173.65M
Income before tax 164.65M 165.27M 159.29M 151.23M 150.18M
Net income 130.95M 130.84M 127.72M 121.92M 123.82M
EBITDA 253.88M 243.49M 242.57M 221.27M 224.06M
Diluted EPS 0.04 0.05 0.05 0.04 0.05
Dividends Per Share 0.01 0.00 0.01 0.01 0.01
Total Assets 1,679.12M 1,720.42M 1,726.23M 2,058.54M 2,339.88M
Total liabilities 888.80M 868.97M 827.04M 1,081.05M 1,311.46M
Total equity 777.05M 832.44M 879.12M 957.34M 1,006.91M
Operating cash flow 81.24M 73.92M 4.65M -28.27M 44.52M

Valuation Measures

Dec 2018
PER10.71
ROA5.77%
ROE12.95%
Operating margin46.12%
Profit margin32.88%

Key executives

  • President, Chief Executive Officer & Director: Ferdinand M. dela Cruz
  • COO & Group Director-Strategic Asset Management: Abelardo P. Basilio
  • CFO, Treasurer & Compliance Officer: Cecilia T. Cruzabra
  • Chief Operating Officer-New Business Operations: Virgilio Cervantes Rivera
  • Chief Risk Officer: Jocelyn Frances P. Sison

Shareholders

  • Ayala Corp. (40.9%)
  • First State Investments (Hong Kong) Ltd. (5.2%)
  • FIL Investment Management (Singapore) Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.8%)
  • First State Investment Management (UK) Ltd. (1.5%)
  • Colonial First State Asset Management (Australia) Ltd. (1.5%)
  • Dimensional Fund Advisors LP (1.0%)
  • BlackRock Fund Advisors (0.9%)
  • BlackRock Japan Co., Ltd. (0.7%)
  • RobecoSAM AG (0.6%)

Contact Details

  • Website:http://www.manilawater.com
  • Address: MWSS Administration Building, 489 Katipunan Road, Quezon City, 1105, Philippines
  • Phone: +63.2.917.5900

Related Companies

  • PT Manila Water Indonesia
  • Zamboanga Water Co Inc.
  • Cebu Manila Water Development, Inc.
  • Manila Water South Asia Holdings Pte Ltd.
  • Manila Water Asia Pacific Pte Ltd.
  • Clark Water Corp.
  • Manila Water Consortium, Inc.
  • Boracay Island Water Co., Inc.
  • Laguna Water Co., Inc.
  • Manila Water Total Solutions, Inc.
  • Manila Water Total Corp.
  • Manila Water International Solutions, Inc.
  • AAA Water Corp.
  • Manila Water ESOWN

Competitors

  • Metro Pacific Investments Corporation
Last Updated on 16 Aug, 2019

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