MEZ.AU · Meridian Energy Limited

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Admin

4 years ago

Meridian Energy Limited is currently in a long term downtrend where the price is trading 13.4% below its 200 day moving average.

From a valuation standpoint, the stock is 87.8% cheaper than other stocks from the Utilities sector with a price to sales ratio of 3.8.

Meridian Energy Limited's total revenue rose by 5.0% to $2B since the same quarter in the previous year.

Its net income has increased by 18.8% to $227M since the same quarter in the previous year.

Finally, its free cash flow fell by 16.7% to $82M since the same quarter in the previous year.

Based on the above factors, Meridian Energy Limited gets an overall score of 3/5.

Exchange	AU
CurrencyCode	AUD
ISIN	NZMELE0002S7
Sector	Utilities
Industry	Utilities - Renewable

Market Cap	14B
PE Ratio	36.0
Target Price	5.0249
Dividend Yield	3.5%
Beta	0.69

ABOUT

Meridian Energy Limited

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. It also offers software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

MEZ.AU · Meridian Energy Limited

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Meridian Energy Limited

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