Should I Buy ACEN Stock in 2025? Complete Guide for Investors in the Philippines

What is ACEN?

How much is ACEN stock?

The price of ACEN stock is unchanged this week. As of now, ACEN trades at ₱2.50 per share, with a 24-hour variation of 0.00% and a weekly change of -0.40%. The company’s market capitalization stands at ₱99.19 billion, and its average daily trading volume over the past 3 months is 10.57 million shares. ACEN’s price-to-earnings ratio is 14.89, with a dividend yield of 1.60%, and the stock’s beta is 0.77, indicating lower volatility compared to the broader market. Investors should note that while the stock is trading near its 52-week lows, its moderate volatility and long-term renewable focus may offer opportunities amid market fluctuations.

Our complete analysis of ACEN stock

After a comprehensive review of ACEN Corporation’s latest financial results, the stock’s movements over the past three years, and a rigorous blend of quantitative and qualitative analysis—integrating financial indicators, technical signals, market backdrop, and peer comparisons using our proprietary algorithms—we find that ACEN offers a compelling case for renewed attention. In light of its strategic position within the fast-evolving renewable energy sector, the company’s recent operational milestones, and the current valuation reset, investors are naturally prompted to ask: Could ACEN’s present consolidation phase herald a promising entry point into Southeast Asia’s green energy transformation in 2025?

Recent Performance and Market Context

Over the last 12 months, ACEN’s share price has experienced a notable retreat, closing at ₱2.50 on May 27, 2025—near the low of its 52-week range (₱2.43–₱6.00) and representing a 49% decline year-on-year. This correction, while stark, reflects a broader recalibration in the renewables sector following supply chain volatility, localized weather impacts (notably Typhoon Marce), and sector-specific headwinds such as softening spot market electricity prices in the Philippines. Despite these short-term obstacles, the company has continued to execute on major growth initiatives:

• Full energization of the 60 MW Pangasinan Solar project, a significant addition to domestic renewable capacity.
• International expansion with construction starts on Indonesia’s 40MW Salak Unit 7 geothermal project.
• A new partnership with Ayala Corp. and STT GDC to provide renewable energy solutions for data centers—a rapidly growing, power-hungry market segment.

These operational advancements have come during a period of strong macro tailwinds. The Philippine Department of Energy continues to push for higher renewable energy penetration (aiming for 35% by 2030), and regional demand for low-carbon solutions is driving escalating investment. With its established track record and pipeline, ACEN remains uniquely positioned to capitalize on this multi-decade transition.

Technical Analysis

From a technical perspective, ACEN’s chart structure indicates that current levels may represent a transition point primed for strategic accumulation:

• Relative Strength Index (RSI): 31.27 – The stock is fast approaching oversold territory, historically a region where buyers tend to initiate positions for mean reversion.
• MACD remains mildly negative at -0.09, in line with the prevailing short-term bearishness, but the differential is narrowing, suggesting a bottoming pattern may be underway.
• Moving averages across all horizons (20, 50, 100, 200 days) are above the spot price (e.g., 100-day at ₱3.14, 200-day at ₱4.02)—a classic feature of capitulation zones.
• Supports: Firm technical support is observed at ₱2.42 and ₱2.30, levels that have historically sparked renewed buying interest.
• Resistance: Initial resistance zones at ₱2.72 and ₱2.94, if cleared, could trigger an acceleration in momentum.

While current technical signals remain predominantly bearish (15 sell signals versus 2 buy), the confluence of oversold RSI, resilient support, and an emerging technical base points to the likelihood of favorable risk/reward dynamics, especially for investors seeking pre-catalyst entry ahead of a reversal.

Fundamental Analysis

Despite cyclical earnings softness in Q1 2025 (net income down 28% year-on-year), ACEN continues to demonstrate powerful secular growth drivers and attractive valuation metrics:

• Resilient Core EBITDA: Grew 7% year-on-year to ₱5.6 billion, underscoring operational leverage and robust international asset contribution especially from India and Vietnam.
• Renewable energy output: Increased 3% year-on-year in Q1, bucking the industry trend amid weather disruptions.
• Attractive Valuation: The current P/E ratio stands at 14.89, below the regional sector average, with a forward improvement likely as new projects reach financial completion in late 2025 and 2026.
• Dividend Yield: 1.60%—a competitive figure in the local mid-cap utilities universe, supported by strong cash flow visibility.
• Structural Strengths:
• ACEN’s strategic backing by the Ayala Group offers access to capital and credibility unmatched by most sector peers.
• The company’s 7 GW renewable portfolio (over half now operational) and a balanced mix across solar, wind, and geothermal technologies provide significant revenue diversity and resilience.
• Recognition as an ESG leader, with an upgraded “A” MSCI rating, is likely to attract inflows from sustainability-focused funds in the near term.

Analysts’ consensus target price of ₱3.25 (+30% upside from current levels) appears justified by these improving fundamentals, especially when considering the underlying capacity growth pipeline and margin normalization as supply and demand rebalance.

Volume and Liquidity

ACEN continues to display robust liquidity characteristics, with a three-month average daily trading volume of 10.57 million shares—a clear marker of sustained institutional and retail interest. This dynamic float facilitates efficient price discovery and confirms active participation, essential ingredients for supporting valuation rerating as sentiment shifts. The free float at 24.41% remains conducive to dynamic price action without the illiquidity risk typical of smaller-cap peers.

Catalysts and Positive Outlook

Looking ahead, numerous bullish catalysts stand to reinforce ACEN’s value proposition:

• New project commissioning: Major assets under construction (2.6 GW globally) are scheduled for staggered completion throughout 2025–2026, offering visible step-ups in revenue and EBITDA.
• International growth: India and Vietnam operations are not just hedges to Philippine weather disruptions but growth engines in their own right, with output expanding 22% and 29% respectively year-on-year.
• Strategic partnerships: The Memorandum of Agreement with STT GDC and Ayala Corp. integrates ACEN into the rapidly expanding data center power market—a sector expected to double power needs over the next decade.
• ESG tailwinds: Enhanced MSCI ESG rating and the group’s net zero commitment by 2050 materially improve ACEN’s appeal to global asset managers and sustainability indices.
• Regulatory and market tailwinds: Ongoing government programs to boost renewable mix, as well as potential regional carbon pricing and green incentives, could drive capital inflows and sector rerating.

Management continues to guide for re-acceleration in earnings from 2026 onward as mega-projects begin to contribute, positioning the next 12–24 months as an opportune window for accumulating shares ahead of visible growth inflection.

Investment Strategies

Given the alignment of cyclical weakness and strong secular momentum, several investment scenarios emerge:

• Short-term: For traders, the current approach to oversold RSI and multiyear support at ₱2.42–₱2.30 offers the prospect of technical rebounds. Reclaiming the ₱2.72 resistance could reinforce bullish short-term momentum.
• Medium-term: Investors with a six to 12-month horizon might see accumulating ahead of major project delivery milestones (beginning Q4 2025) as strategic positioning for earnings recovery and sentiment shift.
• Long-term: With sustainability goals, a deep international pipeline, and Ayala Group support, ACEN is well-suited for portfolios targeting the decade-long energy transition. Valuation compression presents an attractive entry just as capacity ramps up—a classic “buy the dip” fundamental setup.

Timing an entry when technicals are forming a floor and ahead of visible revenue/EPS growth catalysts increases the probability of capturing both volatility rebound and fundamental rerating.

Is It the Right Time to Buy ACEN?

In summary, ACEN embodies a rare blend of proven execution, sector resilience, and forward-looking growth—backed by a first-mover advantage in green energy and a powerhouse sponsor in the Ayala Group. Near-term earnings were impacted by exogenous shocks, yet underlying fundamentals, capacity expansion, and valuation reset have converged to create a highly attractive setup.

With technical signals now indicating deeply oversold conditions and robust support near current levels, combined with strategic pipelines that will fuel multi-year growth, the arguments for serious consideration of ACEN at this juncture are stronger than ever. Investors seeking exposure to the Philippines’ and Asia’s renewable energy growth story, with upside participation yet contained downside due to established support, may find ACEN’s stock presents an excellent opportunity as it potentially enters a new bullish phase.

In a market hunting for conviction stories in sustainable infrastructure, ACEN stands poised not just for rebound, but for leadership as regional energy priorities evolve. This convergence of fundamentals, technicals, and catalysts makes ACEN impossible to ignore for astute investors focused on the next wave of growth.

How to buy ACEN stock in the PH?

Buying ACEN stock online is now both simple and secure for investors in the Philippines, thanks to robust regulation of local and international brokers. You can choose from two main investment methods: traditional spot buying (direct ownership of ACEN shares) or trading via Contracts for Difference (CFDs), which lets you speculate on price changes without taking actual ownership. Each offers unique benefits and fee structures. Knowing the differences is essential before deciding. To help you choose the right broker for your needs, be sure to check out our broker comparison further down the page.

Cash buying

A cash purchase means buying real ACEN shares on the Philippine Stock Exchange, making you a shareholder eligible for any dividends and voting rights. Most regulated brokers typically charge a fixed commission per order—often around ₱50–₱100 for Philippine trades, plus a small percentage (about 0.25%–0.5%) of your trade value.

Example

Suppose ACEN is trading at ₱2.50 per share. With a US$1,000 stake (about ₱56,000), and after including a flat ₱300 brokerage fee (approx. $5), you could buy roughly 22,280 ACEN shares (₱56,000 minus fees, divided by ₱2.50).

✔️ Gain scenario: If ACEN’s share price rises by 10% to ₱2.75, your shares would now be worth ₱61,270, a gross gain of ₱5,000 (around $100), or +10% on your initial investment.

Trading via CFD

CFDs (Contracts for Difference) allow you to trade ACEN’s price movements with no direct share ownership. Instead, you enter an agreement with the broker to pay or receive the difference between the opening and closing price. CFD brokers make money mainly from the spread (the difference between buy and sell prices), and may also charge overnight financing fees if your position is held beyond a trading day.

Example

You open a CFD position on ACEN, investing $1,000 and choosing 5x leverage. This gives you exposure to $5,000 worth of ACEN shares.

✔️ Gain scenario: If ACEN’s price climbs 8%, the value of your position would rise by 40% (8% x 5 leverage), resulting in a $400 gain on your $1,000 margin (excluding potential fees).

Final advice

Before investing, it’s crucial to compare brokers’ fees, features, and regulatory conditions—these can significantly impact your returns, especially for active traders or those using leverage. Ultimately, your choice between spot buying and CFD trading should be guided by your investment horizon, risk tolerance, and whether you want to become a true ACEN shareholder or simply trade on price movements. You'll find a detailed broker comparison further down this page to help you make the best decision for your financial goals.

Our 7 tips for buying ACEN stock

The latest news about ACEN

ACEN signed a strategic agreement with Ayala Corp and STT GDC Philippines to supply renewable energy to data centers. On May 2025, ACEN entered into a memorandum of agreement with Ayala Corporation and STT GDC Philippines to jointly explore and implement renewable energy solutions for the rapidly growing data center sector in the Philippines. This initiative strengthens ACEN’s position in providing clean energy to mission-critical infrastructure and aligns with national ambitions to expand sustainable digital infrastructure, enhancing the company’s visibility and credibility in both the technology and energy sectors.

ACEN fully energized the 60 MW Pangasinan Solar project, expanding its renewable capacity in the Philippines. The commissioning of the Pangasinan Solar facility adds significant clean energy production to ACEN’s domestic portfolio, directly supporting Philippine power supply resiliency and progress toward green energy goals. This operational milestone demonstrates the company’s continued investment in Philippines-sited projects, providing a positive signal to local stakeholders and reinforcing ACEN’s market leadership in renewable energy development.

ACEN’s retail electricity arm grew its contracted capacity by 10% in Q1 2025, serving 653 customers nationwide. The 10% quarter-on-quarter growth to 412 MW in retail electricity book reflects sustained demand for ACEN’s competitive renewable energy offerings among commercial and industrial end users within the Philippines. This business segment’s expansion indicates a robust and diversifying revenue base, strengthening the company’s financial stability and showcasing growing local acceptance of renewable supply contracts.

ACEN’s environmental, social, and governance (ESG) credentials received an upgrade to MSCI ‘A’ rating, up from ‘BBB’. The recent MSCI rating upgrade reflects recognition of ACEN’s maturing ESG practices, particularly its progress on climate and governance metrics. This rating improvement is expected to enhance the company’s appeal among sustainability-focused investors, potentially improving market sentiment and opening access to favorable financing and investment channels for future growth in the Philippine market and beyond.

Despite Q1 net income declining 28% year-on-year, core EBITDA grew 7% and renewable output rose 3%, signaling operational resilience. While headline profitability decreased, largely due to lingering typhoon impacts and lower local market prices, ACEN’s fundamental performance metrics such as core attributable EBITDA and renewable generation continued to show growth. This indicates the company’s core operations are resilient and still expanding, underscoring an ability to withstand temporary headwinds and strengthen its position in the Philippines’ evolving energy landscape.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.