notes: MWIDE/MEGAWIDE CONSTRUCTION CORPORATION

COL FINANCIAL DAILY NOTES (22 MAY 2018)

Valuation. Consensus has a fair value estimate of Php24.6/sh on MWIDE. At its current price of Php21.85/sh, MWIDE is trading at 25.5x 2018E P/E. This is a premium compared to its regional peer median P/E of 18x.



COL FINANCIAL DAILY NOTES (13 APR 2018)

Valuation. Consensus has a fair value estimate of Php23.86/sh on MWIDE. At its current price of 21.10/sh, MWIDE is trading at 25.42x 2018E P/E. This is premium to its regional peer median P/E of around 18x P/E