GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » Market Cap

MDDNF (Meridian Energy) Market Cap : $7,987 Mil (As of Mar. 23, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Meridian Energy Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Meridian Energy's share price for the quarter that ended in Dec. 2024 was $3.4. Meridian Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 2,589 Mil. Therefore, Meridian Energy's market cap for the quarter that ended in Dec. 2024 was $8,801 Mil.

Meridian Energy's quarterly market cap increased from Dec. 2023 ($8,524 Mil) to Jun. 2024 ($10,458 Mil) but then declined from Jun. 2024 ($10,458 Mil) to Dec. 2024 ($8,801 Mil).

Meridian Energy's annual market cap increased from Jun. 2022 ($7,372 Mil) to Jun. 2023 ($8,344 Mil) and increased from Jun. 2023 ($8,344 Mil) to Jun. 2024 ($10,458 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Meridian Energy's Enterprise Value for Today is $8,895 Mil.


Meridian Energy Market Cap Historical Data

The historical data trend for Meridian Energy's Market Cap 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 Market Cap Chart

Meridian Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,429.19 9,862.32 7,371.84 8,343.64 10,457.92

Meridian Energy Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Market Cap 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 8,307.90 8,343.64 8,524.46 10,457.92 8,801.22

Competitive Comparison of Meridian Energy's Market Cap

For the Utilities - Renewable subindustry, Meridian Energy's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Meridian Energy's Market Cap falls into.



Meridian Energy Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Meridian Energy's Market Cap for the fiscal year that ended in Jun. 2024 is calculated as

Market Cap (A: Jun. 2024 )=Share Price (A: Jun. 2024 )*Shares Outstanding (EOP) (A: Jun. 2024 )
=$4.04*2588.594
=$10,458

Meridian Energy's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=$3.4*2588.594
=$8,801

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Meridian Energy Market Cap Related Terms

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


Meridian Energy Business Description

Traded in Other Exchanges
Address
98 Customhouse Quay, Level 2, Wellington, STL, 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.