MGHTF (Mercury NZ) Property, Plant and Equipment: $5,102 Mil (As of Dec. 2025)


MGHTF Mercury NZ Ltd MGHTF
78 GF Score
Price $4.37
GF Value $4.27
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Mercury NZ Property, Plant and Equipment?

Mercury NZ MGHTF +8.44% 78 Property, Plant and Equipment is $5,102 Mil as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.27 (Fairly Valued). The stock has 11 warning signs investors should review.

Mercury NZ's quarterly net PPE increased from Dec. 2024 ($4,751 Mil) to Jun. 2025 ($5,260 Mil) but then declined from Jun. 2025 ($5,260 Mil) to Dec. 2025 ($5,102 Mil).

Mercury NZ's annual net PPE increased from Jun. 2023 ($4,969 Mil) to Jun. 2024 ($5,047 Mil) and increased from Jun. 2024 ($5,047 Mil) to Jun. 2025 ($5,260 Mil).


Mercury NZ  (OTCPK:MGHTF) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Mercury NZ Property, Plant and Equipment Related Terms


Mercury NZ Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Mercury NZ's Property, Plant and Equipment 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.

Mercury NZ Property, Plant and Equipment Chart

Mercury NZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,852.88 5,133.42 4,968.71 5,047.27 5,259.51

Mercury NZ Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Property, Plant and Equipment 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 5,028.00 5,047.27 4,751.15 5,259.51 5,102.43
MGHTF
78GF Score
Mercury NZ Ltd MGHTF
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury NZ Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of $5,102 Mil mean?
Mercury NZ (MGHTF) has a Property, Plant and Equipment of $5,102 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Mercury NZ and its competitors.
Is Mercury NZ's Property, Plant and Equipment too high?
Mercury NZ's current Property, Plant and Equipment is $5,102 Mil. 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 Property, Plant and Equipment compare to competitors?
Mercury NZ's Property, Plant and Equipment of $5,102 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for an Utilities - Independent Power Producers company?
A good Property, Plant and Equipment depends on the Utilities - Independent Power Producers industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Mercury NZ and its competitors. Mercury NZ's current Property, Plant and Equipment is $5,102 Mil. 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 $4.27, compared to a current price of $4.37 — trading 2.3% above its estimated fair value. The current Property, Plant and Equipment is $5,102 Mil. 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current Property, Plant and Equipment is $5,102 Mil 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 2.3% above its estimated GF Value™ of $4.27. GuruFocus considers Mercury NZ to be Fairly Valued.

Key valuation signals for MGHTF:

  • Property, Plant and Equipment: $5,102 Mil
  • GF Value™: $4.27 vs. price of $4.37 (2.3% above fair value)
  • GF Score™: 78/100 with 11 warning signs

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 Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
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

Get the complete analysis for MGHTF

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.37
Price
$4.27
GF Value