Market research
MEZ.AU Meridian Energy Limited
AU AUD Utilities
Latest close
Loading market data…
Test a moving-average rule with historical data.
- Market cap
- 11B
- P/E ratio
- 106.75
- Analyst target
- 4.6642
- Dividend yield
- 5.3%
- Beta
- 0.46
Profile
Company facts
- Exchange
- AU
- Currency
- AUD
- Sector
- Utilities
- Industry
- Utilities - Renewable
- ISIN
- NZMELE0002S7
- Market cap
- 11B
- P/E ratio
- 106.75
- Analyst target
- 4.6642
- Dividend yield
- 5.3%
- Beta
- 0.46
About
About Meridian Energy Limited
Meridian Energy Limited engages in the renewable electricity generation and retail business to residential, business, and industrial customers in New Zealand. The company generates electricity through 7 hydro power stations; 8 wind farms; and 100MW battery energy storage system, as well as solar array. It sells electricity under the Meridian and Powershop brands. It also offers EV charging solutions; and software development, professional, and insurance services, as well as act as a licence holder and non-trading entity. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Visit company websiteCommunity
Investor discussion
1 comment
Sign in to join the MEZ.AU discussion.
5 years, 5 months 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.