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MNW

Manawa Energy LimitedNZSE:MNW Stock Report

Market Cap NZ$2.0b
Share Price
NZ$6.37
NZ$5.85
8.9% overvalued intrinsic discount
1Y50.6%
7D0.3%
1D
Portfolio Value
​
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Manawa Energy Limited

NZSE:MNW Stock Report

Market Cap: NZ$2.0b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Manawa Energy (MNW) Stock Overview

Engages in the ownership and operation of electricity generation facilities from renewable energy sources in New Zealand. More details

MNW fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 25.8% below our estimate of its fair value

Earnings are forecast to grow 25.06% per year

Risk Analysis

Interest payments are not well covered by earnings

Highly volatile share price over the past 3 months compared to the NZ market


MNW Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

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Manawa Energy Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manawa Energy
Historical stock prices
Current Share PriceNZ$6.37
52 Week HighNZ$6.51
52 Week LowNZ$3.85
Beta0.43
1 Month Change0%
3 Month Change34.11%
1 Year Change50.59%
3 Year Change4.43%
5 Year Change-7.68%
Change since IPO29.47%

Recent News & Updates

Recent updates

Analysis Article • Sep 13

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Manawa Energy Limited ( NZSE:MNW ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • May 22

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

Manawa Energy Limited ( NZSE:MNW ) will increase its dividend from last year's comparable payment on the 14th of June...
Analysis Article • May 21

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 03

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 18

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Manawa Energy Limited...
Analysis Article • Jan 31

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 11

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

Today is shaping up negative for Manawa Energy Limited ( NZSE:MNW ) shareholders, with the analysts delivering a...
Analysis Article • May 22

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

Manawa Energy Limited's ( NZSE:MNW ) dividend will be increasing to NZ$0.54 on 17th of June. This will take the...
Analysis Article • May 17

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

Shareholders in Manawa Energy Limited ( NZSE:MNW ) may be thrilled to learn that the analysts have just delivered a...
Analysis Article • Jan 25

Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Sep 29

Is Trustpower (NZSE:TPW) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 26

Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • May 10

Should You Buy Trustpower Limited (NZSE:TPW) For Its Dividend?

Dividend paying stocks like Trustpower Limited ( NZSE:TPW ) tend to be popular with investors, and for good reason...
Analysis Article • Mar 17

Calculating The Intrinsic Value Of Trustpower Limited (NZSE:TPW)

Today we will run through one way of estimating the intrinsic value of Trustpower Limited ( NZSE:TPW ) by taking the...
Analysis Article • Feb 24

Have Insiders Been Buying Trustpower Limited (NZSE:TPW) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysis Article • Feb 09

Trustpower Limited's (NZSE:TPW) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Trustpower's (NZSE:TPW) stock is up by a considerable 17% over the past three months. However, in this article, we...
Analysis Article • Jan 26

Trustpower Limited (NZSE:TPW) Investors Should Think About This Before Buying It For Its Dividend

Could Trustpower Limited ( NZSE:TPW ) be an attractive dividend share to own for the long haul? Investors are often...
Analysis Article • Jan 12

Did You Participate In Any Of Trustpower's (NZSE:TPW) Respectable 75% Return?

Vanguard founder Jack Bogle helped spearhead the low-cost index fund, putting average returns within reach of every...
Analysis Article • Dec 30

These 4 Measures Indicate That Trustpower (NZSE:TPW) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Dec 17

Calculating The Fair Value Of Trustpower Limited (NZSE:TPW)

Does the December share price for Trustpower Limited ( NZSE:TPW ) reflect what it's really worth? Today, we will...
Analysis Article • Dec 04

Are Trustpower's (NZSE:TPW) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Analysis Article • Nov 21

Don't Race Out To Buy Trustpower Limited (NZSE:TPW) Just Because It's Going Ex-Dividend

Trustpower Limited (NZSE:TPW) is about to trade ex-dividend in the next four days. You can purchase shares before the...

Shareholder Returns

MNWNZ Electric UtilitiesNZ Market
7D0.3%0.9%-0.3%
1Y50.6%6.9%3.8%

Return vs Industry: MNW exceeded the NZ Electric Utilities industry which returned 6.5% over the past year.

Return vs Market: MNW exceeded the NZ Market which returned 5% over the past year.

Price Volatility

Is MNW's price volatile compared to industry and market?
MNW volatility
MNW Average Weekly Movement8.7%
Electric Utilities Industry Average Movement3.1%
Market Average Movement4.1%
10% most volatile stocks in NZ Market8.4%
10% least volatile stocks in NZ Market2.8%

Stable Share Price: MNW's share price has been volatile over the past 3 months compared to the NZ market.

Volatility Over Time: MNW's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
1915217Clayton Delmarterwww.manawaenergy.co.nz

Manawa Energy Limited, together with its subsidiaries, engages in the ownership and operation of electricity generation facilities from renewable energy sources in New Zealand. The company generates electricity through hydro power schemes and a diesel peaking asset. It operates approximately 26 power schemes with a total installed capacity of 512MW for approximately 550 commercial and industrial customers.

Manawa Energy Limited Fundamentals Summary

How do Manawa Energy's earnings and revenue compare to its market cap?
MNW fundamental statistics
Market capNZ$1.99b
Earnings (TTM)-NZ$808.00k
Revenue (TTM)NZ$490.76m
4.1x
P/S Ratio
-2,467x
P/E Ratio

Is MNW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNW income statement (TTM)
RevenueNZ$490.76m
Cost of RevenueNZ$330.67m
Gross ProfitNZ$160.09m
Other ExpensesNZ$160.90m
Earnings-NZ$808.00k

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.0026
Gross Margin32.62%
Net Profit Margin-0.16%
Debt/Equity Ratio41.1%

How did MNW perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/11 07:35
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Manawa Energy Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.
Matthew HenryGoldman Sachs