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Mercury NZMGHTF +8.44%87 EV-to-OCF is 19.70 as of Aug. 09, 2026, which is 7% below its 10-year median of 21.25. GuruFocus rates MGHTF with a GF Score™ of 87/100 and a GF Value™ of $4.15. The stock has 11 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 75.89% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mercury NZ's Enterprise Value is $7,045 Mil.
Mercury NZ's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $358 Mil. Therefore, Mercury NZ's EV-to-OCF for today is 19.70.
The historical rank and industry rank for Mercury NZ's EV-to-OCF or its related term are showing as below:
MGHTF'
s EV-to-OCF Range Over the Past 10 Years
Min: 14.36 Med: 21.25 Max: 31.66
Current: 19.78
During the past 13 years, the highest EV-to-OCF of Mercury NZ was 31.66. The lowest was 14.36. And the median was 21.25.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mercury NZ EV-to-OCF Related Terms
Mercury NZ EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Mercury NZ's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Mercury NZ's EV-to-OCF falls into.
Mercury NZ's current Enterprise Value is $7,045 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercury NZ's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $358 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-OCF of 19.70 as of Aug. 09, 2026. This is near median its historical median of 21.25. Over the past decade, Mercury NZ's EV-to-OCF has ranged from 14.36 to 31.66. According to the industry distribution chart, Mercury NZ ranks #340 out of 448 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.9%.
Is Mercury NZ's EV-to-OCF too high?
Mercury NZ's current EV-to-OCF of 19.70 is near median its 10-year median of 21.25. Over the past 10 years, this metric has ranged from a low of 14.36 to a high of 31.66. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.66. Mercury NZ's value of 19.70 is 104% above this industry median. Based on the distribution chart, Mercury NZ ranks #340 out of 448 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Mercury NZ has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's EV-to-OCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #340 out of 448 companies for EV-to-OCF. This places Mercury NZ in the lower half of its industry. The industry median EV-to-OCF is 9.66. Mercury NZ's value of 19.70 is 104% above this benchmark. Historically, Mercury NZ's own EV-to-OCF has ranged from 14.36 to 31.66 over the past decade. While the company's 10-year median is 21.25 vs. the industry median of 9.66, 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-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.66, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current EV-to-OCF of 19.70 is 104% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current EV-to-OCF is 19.70, which is near median its own 10-year median of 21.25. 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-OCF of 19.70. The stock's GF Value™ is $4.15, compared to a current price of $4.37 — trading 5.3% above its estimated fair value. The current EV-to-OCF is 19.70, which is near median its 10-year median of 21.25 and 104% above the Utilities - Independent Power Producers industry median of 9.66. Mercury NZ's overall GF Score™ is 87/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current EV-to-OCF is 19.70 as of Aug. 09, 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 5.3% above its estimated GF Value™ of $4.15.
Key valuation signals for MGHTF:
EV-to-OCF: 19.70 (near median its 10-year median of 21.25)
GF Value™: $4.15 vs. price of $4.37 (5.3% above fair value)
Industry Position: 104% above the Utilities - Independent Power Producers median (#340 of 448)
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.
87GF Score
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