MEZ Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
Meridian Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$5.41 |
| 52 Week High | NZ$5.62 |
| 52 Week Low | NZ$4.38 |
| Beta | 0.73 |
| 1 Month Change | -2.17% |
| 3 Month Change | 3.64% |
| 1 Year Change | 6.50% |
| 3 Year Change | 8.42% |
| 5 Year Change | 38.01% |
| Change since IPO | 188.92% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEZ | AU Renewable Energy | AU Market | |
|---|---|---|---|
| 7D | -0.4% | 4.4% | 0.4% |
| 1Y | 6.5% | 16.8% | 6.0% |
Return vs Industry: MEZ underperformed the Australian Renewable Energy industry which returned 16.8% over the past year.
Return vs Market: MEZ matched the Australian Market which returned 6% over the past year.
Price Volatility
| MEZ volatility | |
|---|---|
| MEZ Average Weekly Movement | 4.2% |
| Renewable Energy Industry Average Movement | 9.0% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in AU Market | 17.6% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: MEZ has not had significant price volatility in the past 3 months.
Volatility Over Time: MEZ's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 932 | Neal Barclay | www.meridianenergy.co.nz |
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. It generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands.
Meridian Energy Limited Fundamentals Summary
| MEZ fundamental statistics | |
|---|---|
| Market cap | AU$13.95b |
| Earnings (TTM) | AU$77.46m |
| Revenue (TTM) | AU$3.52b |
180.1x
P/E Ratio4.0x
P/S RatioIs MEZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEZ income statement (TTM) | |
|---|---|
| Revenue | NZ$3.86b |
| Cost of Revenue | NZ$3.09b |
| Gross Profit | NZ$772.00m |
| Other Expenses | NZ$687.00m |
| Earnings | NZ$85.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.033 |
| Gross Margin | 19.98% |
| Net Profit Margin | 2.20% |
| Debt/Equity Ratio | 23.6% |
How did MEZ perform over the long term?
See historical performance and comparison