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Meridian Energy Limited Stock Price

NZSE:MEL Community·NZ$15.7b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 41 Fair Values set on narratives written by author

MEL Share Price Performance

NZ$5.90
-0.07 (-1.17%)
7.1% undervalued intrinsic discount
NZ$6.35
Fair Value
NZ$5.90
-0.07 (-1.17%)
6.6% undervalued intrinsic discount
NZ$6.32
Fair Value
Price NZ$5.90
AnalystConsensusTarget NZ$6.32

MEL Community Narratives

AnalystConsensusTarget·
Fair Value NZ$6.35 7.1% undervalued intrinsic discount

Renewable Energy Expansion Will Fuel A Bright Future

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NZ$6.35
7.1% undervalued intrinsic discount
Revenue growth
-0.89% p.a.
Profit Margin
10.95%
Future PE
40.01x
Share price in 2028
NZ$7.91

Snowflake Analysis

Moderate growth potential with mediocre balance sheet.

1 Risk
2 Rewards

Meridian Energy Limited Key Details

NZ$4.8b

Revenue

NZ$3.6b

Cost of Revenue

NZ$1.2b

Gross Profit

NZ$1.7b

Other Expenses

-NZ$452.0m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
-0.17
24.80%
-9.35%
17.3%
View Full Analysis

About MEL

Founded
1998
Employees
936
CEO
Mike Roan
WebsiteView website
www.meridianenergy.co.nz

Meridian Energy Limited engages in the generation 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; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, 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. Meridian Energy Limited operates as a subsidiary of New Zealand.

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