Meridian Energy Ltd

NZ

MEL

Utilities

5.92 ₽

Current price

Strong sell
5.92 ₽

Target price 00%

Ranks rating

76

  • Position in sub-industry

    195 / 260

  • Position in country

    178 / 230

  • Return on Assets, %

    0.8

    1.7

  • Net income margin, %

    9

    9

  • EBITDA margin, %

    19.4

    45

  • Debt to Equity, %

    24.1

    101.9

  • Intangible assets and goodwill, %

    0.7

    1.2

  • Revenue CAGR 3Y, %

    -1.9

    14.6

  • Revenue Y, % chg

    3.8

    0

  • P/E

    175.6

    19.3

  • P/BV

    2.5

    1.4

  • P/S

    3.9

    3.6

  • EV/S

    4.2

    6.3

  • EV/EBITDA

    33.3

    11.5

  • Average Analyst recommendation

    Hold

    Hold

  • Average upside forecasts, %

    1.2

    28.6

  • Forward P/E

    32

    15.3

  • Dividend Yield, %

    4

    3.4

  • Forward Dividend Yield, %

    2.2

    0.5

  • Expected dividend per share

    0.1

    0

  • Payout Ratio, %

    537.6

    26.2

  • Dividend Ex Date

    2024-03-08

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Competitors

Ranks

  • Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA

    00%

  • China Three Gorges Renewables Group Co Ltd

    00%

  • Barito Renewables Energy PT Tbk

    00%

  • China Longyuan Power Group Corp Ltd

    00%

  • Huaneng Lancang River Hydropower Inc

    00%

  • Sichuan Chuantou Energy Co Ltd

    00%

  • Meridian Energy Ltd

    00%

  • Adani Green Energy Ltd

    00%

  • EDP Renovaveis SA

    00%

  • China Yangtze Power Co Ltd

    00%

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Company information

  • Country

    New Zealand

  • Sector

    Utilities

  • Industry group

    Utilities

  • Industry

    Independent Power and Renewable Electricity Producers

  • Sub-sector

    Utilities

  • Capitalization (millions of $)

    8969.7

  • Ticker

    MEL.NZ

  • ISIN

    NZMELE0002S7

  • IPO date

    2013-10-29

  • Availability on Russian exchanges

    No

  • Reporting for

    2024-02-28

  • Date fact. publication of reports

    2023-12-31

Company Description

Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. The Company operates through three segments: Wholesale, Retail and International. The Wholesale segment includes activity associated with its New Zealand 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 associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. The Company supplies electricity to power homes, businesses and farms.