Meridian EnergyMDDNF 73 5-Year Yield-on-Cost % is 4.66 as of Jul. 11, 2026, which is 4% above its 10-year median of 4.49. GuruFocus rates MDDNF with a GF Score™ of 73/100 and a GF Value™ of $3.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 237 Utilities - Independent Power Producers companies, Meridian Energy ranks better than 60.76% on this metric.
Meridian Energy's yield on cost for the quarter that ended in Dec. 2025 was 4.66.
The historical rank and industry rank for Meridian Energy's 5-Year Yield-on-Cost % or its related term are showing as below:
MDDNF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.26 Med: 4.49 Max: 6.8
Current: 4.66
During the past 13 years, Meridian Energy's highest Yield on Cost was 6.80. The lowest was 2.26. And the median was 4.49.
MDDNF's 5-Year Yield-on-Cost % is ranked better than 60.76% of 237
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.76
vs MDDNF: 4.66
Meridian Energy (OTCPK:MDDNF) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Meridian Energy 5-Year Yield-on-Cost % Related Terms
Meridian Energy 5-Year Yield-on-Cost % Competitor Comparison
For the Utilities - Renewable subindustry, Meridian Energy's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Meridian Energy's 5-Year Yield-on-Cost % falls into.
Meridian Energy 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Meridian Energy is calculated as
Meridian Energy (MDDNF) has a 5-Year Yield-on-Cost % of 4.66 as of Jul. 11, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Meridian Energy and its competitors. This is near median its historical median of 4.49. Over the past decade, Meridian Energy's 5-Year Yield-on-Cost % has ranged from 2.26 to 6.80. According to the industry distribution chart, Meridian Energy ranks #93 out of 237 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.2%.
Is Meridian Energy's 5-Year Yield-on-Cost % too high?
Meridian Energy's current 5-Year Yield-on-Cost % of 4.66 is near median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 6.80. The Utilities - Independent Power Producers industry median 5-Year Yield-on-Cost % is 3.76. Meridian Energy's value of 4.66 is 23.9% above this industry median. Based on the distribution chart, Meridian Energy ranks #93 out of 237 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Meridian Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's 5-Year Yield-on-Cost % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #93 out of 237 companies for 5-Year Yield-on-Cost %. This puts Meridian Energy in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.76. Meridian Energy's value of 4.66 is 23.9% above this benchmark. Historically, Meridian Energy's own 5-Year Yield-on-Cost % has ranged from 2.26 to 6.80 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 3.76, Meridian Energy 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 5-Year Yield-on-Cost % for an Utilities - Independent Power Producers company?
The median 5-Year Yield-on-Cost % among Utilities - Independent Power Producers companies is 3.76, based on 237 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Energy's current 5-Year Yield-on-Cost % of 4.66 is 23.9% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median 5-Year Yield-on-Cost % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current 5-Year Yield-on-Cost % is 4.66, which is near median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.42, compared to a current price of $3.37 — trading 1.4% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.66, which is near median its 10-year median of 4.49 and 23.9% above the Utilities - Independent Power Producers industry median of 3.76. Meridian Energy's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current 5-Year Yield-on-Cost % is 4.66 as of Jul. 11, 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 Meridian Energy (MDDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Energy stock appears to be undervalued.
The current stock price of $3.37 is trading 1.4% below its estimated GF Value™ of $3.42.
GuruFocus considers Meridian Energy to be Fairly Valued.
Key valuation signals for MDDNF:
5-Year Yield-on-Cost %: 4.66 (near median its 10-year median of 4.49)
GF Value™: $3.42 vs. price of $3.37 (1.4% below fair value)
Industry Position: 23.9% above the Utilities - Independent Power Producers median (#93 of 237)
No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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