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Mercury NZMGHTF +8.44%90 EV-to-EBITDA is 19.51 as of Jul. 20, 2026, which is 64% above its 10-year median of 11.93. GuruFocus rates MGHTF with a GF Score™ of 90/100 and a GF Value™ of $4.25. The stock has 11 warning signs investors should review. Among 358 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 74.02% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mercury NZ's enterprise value is $6,696 Mil.
Mercury NZ's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $343 Mil. Therefore, Mercury NZ's EV-to-EBITDA for today is 19.51.
The historical rank and industry rank for Mercury NZ's EV-to-EBITDA or its related term are showing as below:
MGHTF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.46 Med: 11.93 Max: 25.59
Current: 20.5
During the past 13 years, the highest EV-to-EBITDA of Mercury NZ was 25.59. The lowest was 9.46. And the median was 11.93.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Mercury NZ (OTCPK:MGHTF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mercury NZ's share price for today is $4.37.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercury NZ's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.037.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Mercury NZ's EV-to-EBITDA 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.
For the Utilities - Renewable subindustry, Mercury NZ's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Mercury NZ EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mercury NZ's EV-to-EBITDA falls into.
Mercury NZ's current Enterprise Value is $6,696 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercury NZ's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $343 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.
Mercury NZ (MGHTF) has a EV-to-EBITDA of 19.51 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mercury NZ. This is 64% above median its historical median of 11.93. Over the past decade, Mercury NZ's EV-to-EBITDA has ranged from 9.46 to 25.59. According to the industry distribution chart, Mercury NZ ranks #265 out of 358 companies in the Utilities - Independent Power Producers industry, placing it in the top 74%.
Is Mercury NZ's EV-to-EBITDA too high?
Mercury NZ's current EV-to-EBITDA of 19.51 is 64% above median its 10-year median of 11.93. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 25.59. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.38. Mercury NZ's value of 19.51 is 71.5% above this industry median. Based on the distribution chart, Mercury NZ ranks #265 out of 358 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Mercury NZ has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #265 out of 358 companies for EV-to-EBITDA. This places Mercury NZ in the lower half of its industry. The industry median EV-to-EBITDA is 11.38. Mercury NZ's value of 19.51 is 71.5% above this benchmark. Historically, Mercury NZ's own EV-to-EBITDA has ranged from 9.46 to 25.59 over the past decade. While the company's 10-year median is 11.93 vs. the industry median of 11.38, Mercury NZ has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.38, based on 358 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current EV-to-EBITDA of 19.51 is 71.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mercury NZ. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current EV-to-EBITDA is 19.51, which is 64% above median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Mercury NZ (MGHTF) has a current EV-to-EBITDA of 19.51. The stock's GF Value™ is $4.25, compared to a current price of $4.37 — trading 2.8% above its estimated fair value. The current EV-to-EBITDA is 19.51, which is 64% above median its 10-year median of 11.93 and 71.5% above the Utilities - Independent Power Producers industry median of 11.38. Mercury NZ's overall GF Score™ is 90/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current EV-to-EBITDA is 19.51 as of Jul. 20, 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 Mercury NZ (MGHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued.
The current stock price of $4.37 is trading 2.8% above its estimated GF Value™ of $4.25.
Key valuation signals for MGHTF:
EV-to-EBITDA: 19.51 (64% above median its 10-year median of 11.93)
GF Value™: $4.25 vs. price of $4.37 (2.8% above fair value)
Industry Position: 71.5% above the Utilities - Independent Power Producers median (#265 of 358)
No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
90GF Score
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