MDDNF (Meridian Energy) EV-to-EBIT: -251.07 (As of Jul. 23, 2026)

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MDDNF Meridian Energy Ltd MDDNF
73 GF Score
Price $3.28
GF Value $3.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Meridian Energy EV-to-EBIT?

Meridian Energy MDDNF -2.73% 73 EV-to-EBIT is -251.07 as of Jul. 23, 2026. GuruFocus rates MDDNF with a GF Score™ of 73/100 and a GF Value™ of $3.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 341 Utilities - Independent Power Producers companies, Meridian Energy ranks worse than 293254.84% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meridian Energy's Enterprise Value is $9,691 Mil. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-39 Mil. Therefore, Meridian Energy's EV-to-EBIT for today is -251.07.

The historical rank and industry rank for Meridian Energy's EV-to-EBIT or its related term are showing as below:

MDDNF' s EV-to-EBIT Range Over the Past 10 Years
Min: -337   Med: 24.77   Max: 103.37
Current: -337

During the past 13 years, the highest EV-to-EBIT of Meridian Energy was 103.37. The lowest was -337.00. And the median was 24.77.

MDDNF's EV-to-EBIT is ranked worse than
100% of 341 companies
in the Utilities - Independent Power Producers industry
Industry Median: 17.87 vs MDDNF: -337.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meridian Energy's Enterprise Value for the quarter that ended in Dec. 2025 was $10,526 Mil. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-39 Mil. Meridian Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.37%.


Meridian Energy  (OTCPK:MDDNF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Meridian Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-38.598/10526.31626
=-0.37 %

Meridian Energy's Enterprise Value for the quarter that ended in Dec. 2025 was $10,526 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-39 Mil.

* 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 EV-to-EBIT Related Terms


Meridian Energy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Meridian Energy's EV-to-EBIT 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 EV-to-EBIT Chart

Meridian Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 18.54 86.69 26.38 -31.55

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
EV-to-EBIT 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 26.38 0.00 -31.55 0.00

Meridian Energy EV-to-EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Meridian Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meridian Energy EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Meridian Energy's EV-to-EBIT falls into.


MDDNF
73GF Score
Meridian Energy Ltd MDDNF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridian Energy EV-to-EBIT Calculation

Meridian Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9690.628/-38.598
=-251.07

Meridian Energy's current Enterprise Value is $9,691 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-39 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -251.07 mean?
Meridian Energy (MDDNF) has a EV-to-EBIT of -251.07 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Meridian Energy and its competitors. According to the industry distribution chart, Meridian Energy ranks #999999 out of 341 companies in the Utilities - Independent Power Producers industry.
Is Meridian Energy's EV-to-EBIT too high?
Meridian Energy's current EV-to-EBIT is -251.07. Based on the distribution chart, Meridian Energy ranks #999999 out of 341 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Meridian Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #999999 out of 341 companies for EV-to-EBIT. This places Meridian Energy in the lower half of its industry. The industry median EV-to-EBIT is 17.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.87, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current EV-to-EBIT is -251.07. 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 $3.43, compared to a current price of $3.28 — trading 4.4% below its estimated fair value. The current EV-to-EBIT is -251.07. Meridian Energy's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current EV-to-EBIT is -251.07 as of Jul. 23, 2026. 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 $3.28 is trading 4.4% below its estimated GF Value™ of $3.43. GuruFocus considers Meridian Energy to be Fairly Valued.

Key valuation signals for MDDNF:

  • EV-to-EBIT: -251.07
  • GF Value™: $3.43 vs. price of $3.28 (4.4% below fair value)
  • GF Score™: 73/100 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.
73GF Score

Get the complete analysis for MDDNF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.28
Price
$3.43
GF Value