Warning! GuruFocus detected
2 Severe warning signs
with MEZ.
Try a 7-Day Free Trial
to check it out.
What is a stock summary page? Click here for an overview.
Business Description
Meridian Energy Ltd
ISIN : NZMELE0002S7
Compare
Compare
Traded in other countries / regions
MEL.New ZealandMEZ.AustraliaMDDNF.USA15M1.Germany Index Membership
S&P/ASX 200 IPO Date
2013-10-29Description
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
Financial Strength
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.07 | |||||
| Equity-to-Asset | 0.6 | |||||
| Debt-to-Equity | 0.22 | |||||
| Debt-to-EBITDA | 2.68 | |||||
| Interest Coverage | 6.51 | |||||
| Piotroski F-Score | 7/9 | |||||
| Altman Z-Score | 1.98 | |||||
| Beneish M-Score | -2.13 | |||||
| WACC vs ROIC | ||||||
Growth Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 3.8 | |||||
| 3-Year EBITDA Growth Rate | 0.3 | |||||
| 3-Year EPS without NRI Growth Rate | 1.6 | |||||
| 3-Year FCF Growth Rate | 1.1 | |||||
| 3-Year Book Growth Rate | 16 |
Momentum Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 78.26 | |||||
| 9-Day RSI | 64.07 | |||||
| 14-Day RSI | 57.21 | |||||
| 3-1 Month Momentum % | -1.3 | |||||
| 6-1 Month Momentum % | -2.93 | |||||
| 12-1 Month Momentum % | -2.75 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.69 | |||||
| Quick Ratio | 0.69 | |||||
| Cash Ratio | 0.13 | |||||
| Days Sales Outstanding | 30.58 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.72 | |||||
| Dividend Payout Ratio | 3.78 | |||||
| 3-Year Dividend Growth Rate | 2.3 | |||||
| Forward Dividend Yield % | 3.72 | |||||
| 5-Year Yield-on-Cost % | 4.84 | |||||
| 3-Year Average Share Buyback Ratio | -0.3 | |||||
| Shareholder Yield % | 2.62 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Operating Margin % | 9.45 | |||||
| Net Margin % | 2.36 | |||||
| FCF Margin % | 2.41 | |||||
| ROE % | 1.6 | |||||
| ROA % | 0.96 | |||||
| ROIC % | 2.83 | |||||
| 3-Year ROIIC % | -0.24 | |||||
| ROC (Joel Greenblatt) % | 2.1 | |||||
| ROCE % | 2.08 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 131.2 | |||||
| Forward PE Ratio | 30.06 | |||||
| PE Ratio without NRI | 111.39 | |||||
| Shiller PE Ratio | 43.91 | |||||
| Price-to-Owner-Earnings | 25.35 | |||||
| PEG Ratio | 1113.9 | |||||
| PS Ratio | 3.08 | |||||
| PB Ratio | 1.94 | |||||
| Price-to-Tangible-Book | 1.97 | |||||
| Price-to-Free-Cash-Flow | 131.2 | |||||
| Price-to-Operating-Cash-Flow | 36.9 | |||||
| EV-to-EBIT | 69.48 | |||||
| EV-to-Forward-EBIT | 25.79 | |||||
| EV-to-EBITDA | 25.91 | |||||
| EV-to-Forward-EBITDA | 17.92 | |||||
| EV-to-Revenue | 3.29 | |||||
| EV-to-Forward-Revenue | 4.29 | |||||
| EV-to-FCF | 135.99 | |||||
| Price-to-GF-Value | 0.85 | |||||
| Price-to-Projected-FCF | 1.48 | |||||
| Price-to-Median-PS-Value | 0.98 | |||||
| Price-to-Graham-Number | 3.13 | |||||
| Earnings Yield (Greenblatt) % | 1.44 | |||||
| FCF Yield % | 0.8 | |||||
| Forward Rate of Return (Yacktman) % | 2.72 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Meridian Energy Ltd Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil A$) | 4,552.083 | ||
| EPS (TTM) (A$) | 0.042 | ||
| Beta | 0.49 | ||
| 3-Year Sharpe Ratio | 0.12 | ||
| 3-Year Sortino Ratio | 0.2 | ||
| Volatility % | 20.97 | ||
| 14-Day RSI | 57.21 | ||
| 14-Day ATR (A$) | 0.174965 | ||
| 20-Day SMA (A$) | 4.9805 | ||
| 12-1 Month Momentum % | -2.75 | ||
| 52-Week Range (A$) | 4.76 - 6.24 | ||
| Shares Outstanding (Mil) | 2,606.27 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Meridian Energy Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Meridian Energy Ltd Stock Events
| Event | Date | Price (A$) | ||
|---|---|---|---|---|
| No Event Data | ||||
Meridian Energy Ltd Frequently Asked Questions
What is Meridian Energy Ltd(ASX:MEZ)'s stock price today?
The current price of ASX:MEZ is A$5.26. The 52 week high of ASX:MEZ is A$6.24 and 52 week low is A$4.76.
When is next earnings date of Meridian Energy Ltd(ASX:MEZ)?
The next earnings date of Meridian Energy Ltd(ASX:MEZ) is 2025-08-27 Est..
Does Meridian Energy Ltd(ASX:MEZ) pay dividends? If so, how much?
The Dividend Yield %  of Meridian Energy Ltd(ASX:MEZ) is 3.72% (As of Today), Highest Dividend Payout Ratio of Meridian Energy Ltd(ASX:MEZ) was 5.25. The lowest was 0.97. And the median was 1.39. The  Forward Dividend Yield % of Meridian Energy Ltd(ASX:MEZ) is 3.72%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers