The Company's subsidiaries are Maynilad Water Holding Company, Inc.; Metro Pacific Tollways Corporation; Manila Electric Company; Metro Pacific Hospital Holdings, Inc.; Metro Pacific Light Rail Corporation; and MetroPac Logistics Company, Inc.
As of December 31, 2016, MPI's investments outside the Philippines include an effective ownership of 29.4% in DMT, a Thai toll road operator, and 45.0% in CII B&R, a toll road company located in Ho Chi Minh City in Vietnam.
As of Oct 06, 2017, MPI was last traded price at 6.88Php. This is just 1.37 times higher compared to their recorded book value as according to their June 2017 quarterly report. In terms of this parameter, a value investor may find the market price to be still acceptable.
In terms of P/E, the company recorded a trailing P/E of 18.11 meaning, for every 1PHP earning last 2016, investors of this company are willing or is paying 18.11Php. In terms of P/E, it seems like it's still in the not expensive range but, let us take a look further on the company PEG ratio. With the P/E value and with a growth rate of just 11.76% from 2015 to 2016, the company trailing PEG ratio would be 1.54 which means, investors of this company are paying 18.11Php for every 1PHP income last 2016 for a growth rate of 11.76%. In terms of this parameter, a value investor may find this share to be a bit overvalued since the PEG ratio is already more than 1. Fair value stocks usually have a P/E that is equal to the growth rate.
In terms of income, the first 6 months net income attributable to parent this year increases by 12.05% in comparison to last year first 6months net income but the EPS grows only by 4%. Why is this? Well, perhaps part of the increase in income was due to the issuance of an additional share which was converted into income.
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