Today: 20 March 2026
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PSE:GLO 21 May 2025 - 4 January 2026

Internet Access in the Philippines: A Comprehensive Report

Internet Access in the Philippines: A Comprehensive Report

About 97.5 million Filipinos, or 83.8% of the population, used the internet by early 2025. Mobile SIM penetration reached 123% with over 120 million subscriptions in late 2024. Fixed broadband subscribers totaled about 7 million, dominated by PLDT and Converge. Around 18–19 million people, or 16%, remained offline due to access and affordability issues.

Stock Market Today

  • Cintas (CTAS) Share Pullback Prompts Valuation Reassessment Amid Sector Focus
    March 20, 2026, 5:59 AM EDT. Cintas shares have fallen 5.9% over the past week and 6.7% in 30 days, prompting questions about value at the current $181.83 price. Despite a 1.6% year-to-date dip, three-to-five year returns are strong at 72.4% and 125.9%. Investors are scrutinizing pricing, contract quality and cost control in service providers, affecting sector valuations. Cintas scores 0 out of 6 on valuation metrics. A discounted cash flow (DCF) analysis estimates a fair value near $177.18 per share, suggesting shares are about 2.6% overvalued, a margin within typical model error. The company's price-to-earnings (P/E) ratio stands at 38.45x, above the industry average of 22.80x and peer group average of 33.33x, indicating elevated market expectations. Investors should monitor valuation indicators closely given these mixed signals.
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