Stock MEL MERIDIAN ENERGY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Meridian Energy Limited

Equities

MEL

NZMELE0002S7

Electric Utilities

End-of-day quote New Zealand S.E.
Other stock markets
 06:00:00 2024-07-04 pm EDT 		5-day change 1st Jan Change
6.55 NZD +1.71% Intraday chart for Meridian Energy Limited +4.13% +18.23%
Jul. 03 Contact Energy's Unconditional Long-Term Supply Deal with New Zealand Aluminium Smelter Takes Effect MT
Jun. 27 NZ Windfarms Enters Volume Contracts With Meridian Energy for Te Rere Hau Wind Farm MT

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,173 12,326 13,656 12,063 14,466 16,955 - -
Enterprise Value (EV) 1 13,479 13,839 15,281 12,910 15,698 18,158 18,121 18,082
P/E ratio 36 x 69.7 x 31.9 x 18.1 x 151 x 46.7 x 33 x 30.2 x
Yield 4.48% 3.51% 3.17% 3.72% 3.2% 3.12% 3.71% 3.95%
Capitalization / Revenue 3.49 x 3.62 x 3.18 x 3.26 x 4.49 x 3.47 x 3.45 x 3.64 x
EV / Revenue 3.86 x 4.06 x 3.56 x 3.49 x 4.87 x 3.71 x 3.69 x 3.88 x
EV / EBITDA 16.1 x 16.2 x 21 x 18.2 x 20 x 20.1 x 16.1 x 15.1 x
EV / FCF 23.8 x 24.6 x 43 x 44.7 x 87.2 x 30.5 x 30.4 x 25 x
FCF Yield 4.2% 4.06% 2.32% 2.24% 1.15% 3.28% 3.29% 4%
Price to Book 2.23 x 2.42 x 2.61 x 2.18 x 2.42 x 2.82 x 2.8 x 2.79 x
Nbr of stocks (in thousands) 2,562,743 2,562,535 2,562,114 2,577,566 2,583,169 2,588,595 - -
Reference price 2 4.750 4.810 5.330 4.680 5.600 6.550 6.550 6.550
Announcement Date 8/25/19 8/25/20 8/24/21 8/23/22 8/28/23 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Giugno 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,491 3,405 4,296 3,703 3,222 4,889 4,911 4,657
EBITDA 1 838 854 729 709 783 904.9 1,128 1,201
EBIT 1 562 542 426 416 489 589.1 795.8 866
Operating Margin 16.1% 15.92% 9.92% 11.23% 15.18% 12.05% 16.21% 18.6%
Earnings before Tax (EBT) 1 472 239 595 625 126 520.3 732.2 790.4
Net income 1 339 176 428 664 95 371.1 515.4 562.4
Net margin 9.71% 5.17% 9.96% 17.93% 2.95% 7.59% 10.49% 12.08%
EPS 2 0.1320 0.0690 0.1670 0.2580 0.0370 0.1402 0.1985 0.2168
Free Cash Flow 1 566 562 355 289 180 595.5 595.5 722.5
FCF margin 16.21% 16.51% 8.26% 7.8% 5.59% 12.18% 12.13% 15.52%
FCF Conversion (EBITDA) 67.54% 65.81% 48.7% 40.76% 22.99% 65.81% 52.79% 60.15%
FCF Conversion (Net income) 166.96% 319.32% 82.94% 43.52% 189.47% 160.48% 115.55% 128.47%
Dividend per Share 2 0.2130 0.1690 0.1690 0.1740 0.1790 0.2042 0.2428 0.2590
Announcement Date 8/25/19 8/25/20 8/24/21 8/23/22 8/28/23 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2023 S1 2024 S1
Net sales 1 1,780 1,625 1,869 2,427 1,672 1,529 2,111
EBITDA 1 465 - - - 394 425 443
EBIT - - - 157 - - -
Operating Margin - - - 6.47% - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Dividend per Share 2 0.0814 - - - 0.0585 0.0600 0.0615
Announcement Date 2/25/20 8/25/20 2/23/21 8/24/21 2/22/22 3/1/23 2/27/24
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,306 1,513 1,625 847 1,232 1,203 1,166 1,127
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.558 x 1.772 x 2.229 x 1.195 x 1.573 x 1.329 x 1.033 x 0.9383 x
Free Cash Flow 1 566 562 355 289 180 596 596 723
ROE (net income / shareholders' equity) 6.6% 6.02% 4.5% 4.34% 5.47% 6.25% 8.64% 9.49%
ROA (Net income/ Total Assets) 3.71% 3.29% 2.38% 2.42% 3.25% 5.23% 6.89% 7.48%
Assets 1 9,137 5,352 17,967 27,394 2,924 7,094 7,482 7,520
Book Value Per Share 2 2.130 1.980 2.040 2.140 2.320 2.320 2.340 2.350
Cash Flow per Share 2 0.2500 0.2400 0.1700 0.1800 0.2000 0.2800 0.3100 0.3400
Capex 1 45 43 76 141 316 360 274 230
Capex / Sales 1.29% 1.26% 1.77% 3.81% 9.81% 7.37% 5.59% 4.95%
Announcement Date 8/25/19 8/25/20 8/24/21 8/23/22 8/28/23 - - -
1NZD in Million2NZD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Meridian Energy Limited

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
6.55 NZD
Average target price
6.358 NZD
Spread / Average Target
-2.92%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Hydroelectric & Tidal Utilities

1st Jan change Capi.
MERIDIAN ENERGY LIMITED Stock Meridian Energy Limited
+18.23% 10.4B
CHINA YANGTZE POWER CO., LTD. Stock China Yangtze Power Co., Ltd.
+25.62% 98.69B
CENTRAIS ELETRICAS BRASILEIRAS S.A. Stock Centrais Eletricas Brasileiras S.A.
-9.75% 15.81B
NHPC LIMITED Stock NHPC Limited
+60.71% 12.49B
BROOKFIELD RENEWABLE PARTNERS L.P. Stock Brookfield Renewable Partners L.P.
-0.86% 12.24B
GUANGXI GUIGUAN ELECTRIC POWERCO.,LTD. Stock Guangxi Guiguan Electric PowerCo.,Ltd.
+47.65% 8.87B
CHINA SOUTHERN POWER GRID ENERGY STORAGE CO., LTD. Stock China Southern Power Grid Energy Storage Co., Ltd.
-4.36% 4.15B
FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO Stock Federal Hydro-Generating Company - RusHydro
-.--% 4.01B
CHONGQING THREE GORGES WATER CONSERVANCY AND ELECTRIC POWER CO., LTD. Stock Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd.
-7.84% 1.81B
CELSIA COLOMBIA S.A. E.S.P. Stock Celsia Colombia S.A. E.S.P.
0.00% 1.72B
Hydroelectric & Tidal Utilities
  1. Stock Market
  2. Equities
  3. MEL Stock
  4. Financials Meridian Energy Limited