Mercury NZMGHTF +8.44%78 Net Margin % is 1.20% as of Dec. 2025, which is 89% below its 10-year median of 11.22. 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 421 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 61.76% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mercury NZ's Net Income for the
six
months ended in Dec. 2025 was $12 Mil. Mercury NZ's Revenue for the
six
months ended in Dec. 2025 was $963 Mil. Therefore, Mercury NZ's net margin for the quarter that ended in Dec. 2025 was 1.20%.
The historical rank and industry rank for Mercury NZ's Net Margin % or its related term are showing as below:
MGHTF'
s Net Margin % Range Over the Past 10 Years
Min: 0.03 Med: 11.22 Max: 22.1
Current: 2.58
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Mercury NZ Net Margin % Related Terms
Mercury NZ Net Margin % Historical Data
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The historical data trend for Mercury NZ's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mercury NZ's Net Margin % falls into.
* 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 Net Margin % of 1.20% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Mercury NZ and its competitors. This is 89% below median its historical median of 11.22. Over the past decade, Mercury NZ's Net Margin % has ranged from 0.03 to 22.10. According to the industry distribution chart, Mercury NZ ranks #260 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.8%.
Is Mercury NZ's Net Margin % too high?
Mercury NZ's current Net Margin % of 1.20% is 89% below median its 10-year median of 11.22. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 22.10. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Mercury NZ's value of 1.20% is 80.6% below this industry median. Based on the distribution chart, Mercury NZ ranks #260 out of 421 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. 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 Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #260 out of 421 companies for Net Margin %. This places Mercury NZ in the lower half of its industry. The industry median Net Margin % is 6.17. Mercury NZ's value of 1.20% is 80.6% below this benchmark. Historically, Mercury NZ's own Net Margin % has ranged from 0.03 to 22.10 over the past decade. While the company's 10-year median is 11.22 vs. the industry median of 6.17, Mercury NZ has consistently been below 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 Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current Net Margin % of 1.20% is 80.6% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Net Margin % is 1.20%, which is 89% below median its own 10-year median of 11.22. 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 Net Margin % is 1.20%, which is 89% below median its 10-year median of 11.22 and 80.6% below the Utilities - Independent Power Producers industry median of 6.17. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current Net Margin % is 1.20% as of Dec. 2025. 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:
Net Margin %: 1.20% (89% below median its 10-year median of 11.22)
GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
Industry Position: 80.6% below the Utilities - Independent Power Producers median (#260 of 421)
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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