15M1 Stock Overview
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 | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Meridian Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$3.30 |
| 52 Week High | NZ$3.74 |
| 52 Week Low | NZ$2.60 |
| Beta | 0.76 |
| 11 Month Change | -1.79% |
| 3 Month Change | -8.84% |
| 1 Year Change | 14.58% |
| 33 Year Change | 15.38% |
| 5 Year Change | n/a |
| Change since IPO | 106.25% |
Recent News & Updates
Recent updates
Shareholder Returns
| 15M1 | DE Renewable Energy | DE Market | |
|---|---|---|---|
| 7D | 0.6% | 6.5% | 1.8% |
| 1Y | 14.6% | -28.3% | 13.8% |
Return vs Industry: 15M1 exceeded the German Renewable Energy industry which returned -28.3% over the past year.
Return vs Market: 15M1 matched the German Market which returned 13.8% over the past year.
Price Volatility
| 15M1 volatility | |
|---|---|
| 15M1 Average Weekly Movement | 4.4% |
| Renewable Energy Industry Average Movement | 4.5% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 11.1% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 15M1 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 15M1's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 936 | 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. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a 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
| 15M1 fundamental statistics | |
|---|---|
| Market cap | €8.81b |
| Earnings (TTM) | €241.76m |
| Revenue (TTM) | €2.74b |
36.5x
P/E Ratio3.2x
P/S RatioIs 15M1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 15M1 income statement (TTM) | |
|---|---|
| Revenue | NZ$4.86b |
| Cost of Revenue | NZ$4.10b |
| Gross Profit | NZ$754.00m |
| Other Expenses | NZ$325.00m |
| Earnings | NZ$429.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 15.53% |
| Net Profit Margin | 8.83% |
| Debt/Equity Ratio | 16.3% |
How did 15M1 perform over the long term?
See historical performance and comparison