MDDNF (Meridian Energy) Construction In Progress: $0 Mil (As of Dec. 2025)


MDDNF Meridian Energy Ltd MDDNF
72 GF Score
Price $3.37
GF Value $3.49
Valuation Fairly Valued
! 6 Warning Signs
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What is Meridian Energy Construction In Progress?

Meridian Energy MDDNF 72 Construction In Progress is $0 Mil as of Dec. 2025. GuruFocus rates MDDNF with a GF Score™ of 72/100 and a GF Value™ of $3.49 (Fairly Valued). The stock has 6 warning signs investors should review.

Meridian Energy's quarterly construction in progress increased from Dec. 2024 ($0 Mil) to Jun. 2025 ($179 Mil) but then declined from Jun. 2025 ($179 Mil) to Dec. 2025 ($0 Mil).

Meridian Energy's annual construction in progress declined from Jun. 2023 ($333 Mil) to Jun. 2024 ($283 Mil) and declined from Jun. 2024 ($283 Mil) to Jun. 2025 ($179 Mil).

Meridian Energy Construction In Progress Historical Data

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The historical data trend for Meridian Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meridian Energy Construction In Progress Chart

Meridian Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.01 146.13 332.52 283.00 179.24

Meridian Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 283.00 0.00 179.24 0.00
MDDNF
72GF Score
Meridian Energy Ltd MDDNF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0 Mil mean?
Meridian Energy (MDDNF) has a Construction In Progress of $0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Meridian Energy and its competitors.
Is Meridian Energy's Construction In Progress too high?
Meridian Energy's current Construction In Progress is $0 Mil. Overall, Meridian Energy has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Construction In Progress compare to competitors?
Meridian Energy's Construction In Progress of $0 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Meridian Energy and its competitors. Meridian Energy's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.49, compared to a current price of $3.37 — trading 3.4% below its estimated fair value. The current Construction In Progress is $0 Mil. Meridian Energy's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Construction In Progress is $0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meridian Energy (MDDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Energy stock appears to be undervalued. The current stock price of $3.37 is trading 3.4% below its estimated GF Value™ of $3.49. GuruFocus considers Meridian Energy to be Fairly Valued.

Key valuation signals for MDDNF:

  • Construction In Progress: $0 Mil
  • GF Value™: $3.49 vs. price of $3.37 (3.4% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meridian Energy Business Description

Address 98 Customhouse Quay, Level 2, Wellington, NZL, 6011
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.
72GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.37
Price
$3.49
GF Value