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Meridian Energy (Meridian Energy) EV-to-EBIT

: 87.13 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meridian Energy's Enterprise Value is $9,641 Mil. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $111 Mil. Therefore, Meridian Energy's EV-to-EBIT for today is 87.13.

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: 5.66   Med: 23.97   Max: 91.84
Current: 90.74

During the past 13 years, the highest EV-to-EBIT of Meridian Energy was 91.84. The lowest was 5.66. And the median was 23.97.

MDDNF's EV-to-EBIT is ranked worse than
93.67% of 332 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.61 vs MDDNF: 90.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meridian Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $9,272 Mil. Meridian Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $111 Mil. Meridian Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.19%.


Meridian Energy EV-to-EBIT Historical Data

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.

* Premium members only.

Meridian Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.63 43.83 22.67 18.54 86.69

Meridian Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only - 18.54 - 86.69 -

Competitive 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 Distribution

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.



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)
=9640.918/110.644
=87.13

Meridian Energy's current Enterprise Value is $9,641 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. 2023 was $111 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  (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. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=110.644/9271.817
=1.19 %

Meridian Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $9,272 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. 2023 was $111 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

Thank you for viewing the detailed overview of Meridian Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian Energy (Meridian Energy) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
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.