Mercury NZMGHTF +8.44%78 EV-to-FCF is 182.72 as of Jun. 25, 2026, which is 368% above its 10-year median of 39.08. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.06 (Fairly Valued). The stock has 11 warning signs investors should review. Among 232 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 94.4% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mercury NZ's Enterprise Value is $6,786 Mil.
Mercury NZ's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $37 Mil. Therefore, Mercury NZ's EV-to-FCF for today is 182.72.
The historical rank and industry rank for Mercury NZ's EV-to-FCF or its related term are showing as below:
MGHTF'
s EV-to-FCF Range Over the Past 10 Years
Min: 21.46 Med: 39.08 Max: 754.81
Current: 190.31
During the past 13 years, the highest EV-to-FCF of Mercury NZ was 754.81. The lowest was 21.46. And the median was 39.08.
EV-to-FCF 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-FCF 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mercury NZ EV-to-FCF Related Terms
Mercury NZ EV-to-FCF Historical Data
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The historical data trend for Mercury NZ's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mercury NZ's EV-to-FCF falls into.
Mercury NZ's current Enterprise Value is $6,786 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercury NZ's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $37 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-FCF of 182.72 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercury NZ and its competitors. This is 368% above median its historical median of 39.08. Over the past decade, Mercury NZ's EV-to-FCF has ranged from 21.46 to 754.81. According to the industry distribution chart, Mercury NZ ranks #219 out of 232 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.4%.
Is Mercury NZ's EV-to-FCF too high?
Mercury NZ's current EV-to-FCF of 182.72 is 368% above median its 10-year median of 39.08. Over the past 10 years, this metric has ranged from a low of 21.46 to a high of 754.81. The Utilities - Independent Power Producers industry median EV-to-FCF is 16.19. Mercury NZ's value of 182.72 is 1028.9% above this industry median. Based on the distribution chart, Mercury NZ ranks #219 out of 232 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 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's EV-to-FCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #219 out of 232 companies for EV-to-FCF. This places Mercury NZ in the lower half of its industry. The industry median EV-to-FCF is 16.19. Mercury NZ's value of 182.72 is 1028.9% above this benchmark. Historically, Mercury NZ's own EV-to-FCF has ranged from 21.46 to 754.81 over the past decade. While the company's 10-year median is 39.08 vs. the industry median of 16.19, 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-FCF for an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 16.19, based on 232 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current EV-to-FCF of 182.72 is 1028.9% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 16.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current EV-to-FCF is 182.72, which is 368% above median its own 10-year median of 39.08. 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?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.06, compared to a current price of $4.37 — trading 7.6% above its estimated fair value. The current EV-to-FCF is 182.72, which is 368% above median its 10-year median of 39.08 and 1028.9% above the Utilities - Independent Power Producers industry median of 16.19. Mercury NZ's overall GF Score™ is 78/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current EV-to-FCF is 182.72 as of Jun. 25, 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 7.6% above its estimated GF Value™ of $4.06.
GuruFocus considers Mercury NZ to be Fairly Valued.
Key valuation signals for MGHTF:
EV-to-FCF: 182.72 (368% above median its 10-year median of 39.08)
GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
Industry Position: 1028.9% above the Utilities - Independent Power Producers median (#219 of 232)
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.
78GF Score
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