MEL — Meridian Energy Share Price
0.000.00%
Last trade - 00:00- NZ$14.76bn
- NZ$16.34bn
- NZ$4.86bn
- 82
- 27
- 66
- 61
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 33.58 | ||
| PEG Ratio (f) | 0.73 | ||
| EPS Growth (f) | 84.38% | ||
| Dividend Yield (f) | 4.25% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.88 | ||
| Price to Tang. Book | 1.9 | ||
| Price to Free Cashflow | 126.19 | ||
| Price to Sales | 2.95 | ||
| EV to EBITDA | 18.96 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 1.94% | ||
| Return on Equity | 1.7% | ||
| Operating Margin | 4.7% | ||
Financial Summary
| Year End 30th Jun | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | NZ$m | 3,405 | 3,963 | 3,776 | 3,222 | 4,856 | 4,848.44 | 5,203.12 | 6.82% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -35.76 | +89.76 | +8.68 | -77.43 | +330.04 | -57.26 | +161.64 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Meridian Energy Limited is a New Zealand-based power company. The Company is engaged in the generation, trading and retailing of electricity and the sale of complementary products and services. The Company’s segments include Wholesale, Retail, and Other. The Wholesale segment includes activity of generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The Retail segment includes activity of retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. It owns and operates seven hydro stations in New Zealand. The Company supplies electricity power for homes, businesses, and farms. It also has various wind farms and is also engaged in solar power generation.
Directors
- Mark Verbiest NEC
- Neal Barclay CEO
- Peter Wilson NVC
- Mike Roan CFO
- Nic Kennedy CEX
- Jason Adam Stein CEX
- Jason Woolley GCN
- Chris Ewers GMG
- Tania Palmer GMG
- Claire Shaw GMG
- Guy Waipara GMG
- Lisa Jane Hannifin OTH
- Nagaja Tharanginee Sanatkumar IND
- Tania Simpson IND
- Mark Cairns NID
- Janice Dawson NID
- Anake Goodall NID
- Michelle Henderson NID
- Julia Hoare NID
- Last Annual
- June 30th, 2024
- Last Interim
- December 31st, 2024
- Incorporated
- December 16th, 1998
- Public Since
- October 29th, 2013
- No. of Shareholders
- 41,553
- No. of Employees
- 936
- Sector
- Electric Utilities & IPPs
- Industry
- Utilities
- Exchange
- New Zealand Stock Exchange
- Shares in Issue
- 2,606,268,878
- Address
- 33 Customhouse Quay, Wellington Central, WELLINGTON, 6011
- Web
- https://www.meridianenergy.co.nz/
- Phone
- +64 43811200
- Contact
- Owen Hackston
- Auditors
- Deloitte Limited
Upcoming Events for MEL
Meridian Energy Ltd Annual Shareholders Meeting
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FAQ
What is the Meridian Energy share price?
As of Today at 22:00 UTC, shares in Meridian Energy are trading at NZ$5.67. This share price information is delayed by 15 minutes.
How has the Meridian Energy share price performed this year?
Shares in Meridian Energy last closed at NZ$5.67 and the price had moved by -1.65% over the past 365 days. In terms of relative price strength the Meridian Energy share price has underperformed the ASX All Ordinaries Index by -3.12% over the past year.
What are the analyst and broker recommendations for Meridian Energy?
The overall consensus recommendation for Meridian Energy is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreWhat is the Meridian Energy dividend yield?
The Meridian Energy dividend yield is 3.71% based on the trailing twelve month period.
Does Meridian Energy pay a dividend?
Last year, Meridian Energy paid a total dividend of NZ$0.21, and it currently has a trailing dividend yield of 3.71%. We do not have any data on when Meridian Energy is to next pay dividends.
When does Meridian Energy next pay dividends?
We do not have data on when Meridian Energy is to next pay dividends. The historic dividend yield on Meridian Energy shares is currently 3.71%.
How do I buy Meridian Energy shares?
To buy shares in Meridian Energy you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Meridian Energy?
As of the previous close price of NZ$5.67, shares in Meridian Energy had a market capitalisation of NZ$14.76bn.
Where are Meridian Energy shares listed?
Here are the trading details for Meridian Energy:
- Country of listing: New Zealand
- Exchange: NZC
- Ticker Symbol: MEL
What kind of share is Meridian Energy?
Based on an overall assessment of its quality, value and momentum Meridian Energy is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Meridian Energy share price forecast for 2025?
The analyst consensus target price for shares in Meridian Energy is NZ$6.51. That is 14.95% above the last closing price of NZ$5.67.
Analysts covering Meridian Energy currently have a consensus Earnings Per Share (EPS) forecast of NZ$0.07 for the next financial year.
Find out moreWhat is the trend in the Meridian Energy share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Meridian Energy. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -2.27%.
As of the last closing price of NZ$5.67, shares in Meridian Energy were trading -5.6% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Meridian Energy PE Ratio?
The Meridian Energy PE ratio based on its reported earnings over the past 12 months is 33.58. The shares last closed at NZ$5.67.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Meridian Energy?
Meridian Energy's management team is headed by:
- Mark Verbiest - NEC
- Neal Barclay - CEO
- Peter Wilson - NVC
- Mike Roan - CFO
- Nic Kennedy - CEX
- Jason Adam Stein - CEX
- Jason Woolley - GCN
- Chris Ewers - GMG
- Tania Palmer - GMG
- Claire Shaw - GMG
- Guy Waipara - GMG
- Lisa Jane Hannifin - OTH
- Nagaja Tharanginee Sanatkumar - IND
- Tania Simpson - IND
- Mark Cairns - NID
- Janice Dawson - NID
- Anake Goodall - NID
- Michelle Henderson - NID
- Julia Hoare - NID