Business Description
Meridian Energy Ltd
ISIN : NZMELE0002S7
Compare
Compare
Traded in other countries / regions
MEL.New ZealandMEZ.Australia15M1.GermanyMDDNF.USA IPO Date
2010-03-01Description
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.
Financial Strength
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.16 | |||||
| Equity-to-Asset | 0.58 | |||||
| Debt-to-Equity | 0.24 | |||||
| Debt-to-EBITDA | 2.9 | |||||
| Interest Coverage | 7.2 | |||||
| Piotroski F-Score | 4/9 | |||||
| Altman Z-Score | 2.35 | |||||
| Beneish M-Score | -2.9 | |||||
| WACC vs ROIC | ||||||
Growth Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -2.1 | |||||
| 3-Year EBITDA Growth Rate | -9 | |||||
| 3-Year EPS without NRI Growth Rate | -22.5 | |||||
| 3-Year FCF Growth Rate | -30.8 | |||||
| 3-Year Book Growth Rate | 5.3 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 13.1 | |||||
| Future 3-5Y Total Revenue Growth Rate | 10.87 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 67.49 | |||||
| 9-Day RSI | 57.73 | |||||
| 14-Day RSI | 54.77 | |||||
| 6-1 Month Momentum % | 14.07 | |||||
| 12-1 Month Momentum % | 11.98 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.94 | |||||
| Quick Ratio | 0.94 | |||||
| Cash Ratio | 0.22 | |||||
| Days Sales Outstanding | 33.19 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.09 | |||||
| Dividend Payout Ratio | 5.42 | |||||
| 3-Year Dividend Growth Rate | 8.6 | |||||
| Forward Dividend Yield % | 3.09 | |||||
| 5-Year Yield-on-Cost % | 4.42 | |||||
| 3-Year Average Share Buyback Ratio | -0.3 | |||||
| Shareholder Yield % | 1.93 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Operating Margin % | 12.56 | |||||
| Net Margin % | 2.25 | |||||
| FCF Margin % | 5.18 | |||||
| ROE % | 1.43 | |||||
| ROA % | 0.85 | |||||
| ROIC % | 3.83 | |||||
| ROC (Joel Greenblatt) % | 1.96 | |||||
| ROCE % | 1.91 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 178.48 | |||||
| Forward PE Ratio | 34.48 | |||||
| PE Ratio without NRI | 178.48 | |||||
| Shiller PE Ratio | 49.01 | |||||
| Price-to-Owner-Earnings | 61.4 | |||||
| PS Ratio | 4.01 | |||||
| PB Ratio | 2.6 | |||||
| Price-to-Tangible-Book | 2.62 | |||||
| Price-to-Free-Cash-Flow | 77.5 | |||||
| Price-to-Operating-Cash-Flow | 27.92 | |||||
| EV-to-EBIT | 93.39 | |||||
| EV-to-Forward-EBIT | 23.43 | |||||
| EV-to-EBITDA | 33.53 | |||||
| EV-to-Forward-EBITDA | 16.28 | |||||
| EV-to-Revenue | 4.33 | |||||
| EV-to-Forward-Revenue | 3.89 | |||||
| EV-to-FCF | 81.49 | |||||
| Price-to-Projected-FCF | 1.75 | |||||
| Price-to-Median-PS-Value | 1.52 | |||||
| Price-to-Graham-Number | 4.57 | |||||
| Earnings Yield (Greenblatt) % | 1.08 | |||||
| FCF Yield % | 1.29 | |||||
| Forward Rate of Return (Yacktman) % | 0.91 |
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 NZ$) | 3,783 | ||
| EPS (TTM) (NZ$) | 0.033 | ||
| Beta | 0.87 | ||
| Volatility % | 16.79 | ||
| 14-Day RSI | 54.77 | ||
| 14-Day ATR (NZ$) | 0.140042 | ||
| 20-Day SMA (NZ$) | 5.8625 | ||
| 12-1 Month Momentum % | 11.98 | ||
| 52-Week Range (NZ$) | 4.755 - 6 | ||
| Shares Outstanding (Mil) | 2,586.71 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 4 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Meridian Energy Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Meridian Energy Ltd Stock Events
| Event | Date | Price(NZ$) | ||
|---|---|---|---|---|
| No Event Data | ||||
Meridian Energy Ltd Frequently Asked Questions
What is Meridian Energy Ltd(NZSE:MEL)'s stock price today?
The current price of NZSE:MEL is NZ$5.89. The 52 week high of NZSE:MEL is NZ$6.00 and 52 week low is NZ$4.76.
When is next earnings date of Meridian Energy Ltd(NZSE:MEL)?
The next earnings date of Meridian Energy Ltd(NZSE:MEL) is 2024-08-28 Est..
Does Meridian Energy Ltd(NZSE:MEL) pay dividends? If so, how much?
The Dividend Yield %  of Meridian Energy Ltd(NZSE:MEL) is 3.09% (As of Today), Highest Dividend Payout Ratio of Meridian Energy Ltd(NZSE:MEL) was 5.42. The lowest was 0.56. And the median was 1.39. The  Forward Dividend Yield % of Meridian Energy Ltd(NZSE:MEL) is 3.09%. 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