15M1 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$3.28 |
| 52 Week High | NZ$3.30 |
| 52 Week Low | NZ$2.60 |
| Beta | 0.73 |
| 1 Month Change | 2.50% |
| 3 Month Change | 5.81% |
| 1 Year Change | 4.46% |
| 3 Year Change | 5.81% |
| 5 Year Change | n/a |
| Change since IPO | 105.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| 15M1 | DE Renewable Energy | DE Market | |
|---|---|---|---|
| 7D | 2.5% | 1.2% | -1.0% |
| 1Y | 4.5% | -26.6% | 2.0% |
Return vs Industry: 15M1 exceeded the German Renewable Energy industry which returned -26.6% over the past year.
Return vs Market: 15M1 exceeded the German Market which returned 2% over the past year.
Price Volatility
| 15M1 volatility | |
|---|---|
| 15M1 Average Weekly Movement | 3.5% |
| Renewable Energy Industry Average Movement | 6.1% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.3% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 15M1 has not had significant price volatility in the past 3 months.
Volatility Over Time: 15M1's weekly volatility (3%) 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
| 15M1 fundamental statistics | |
|---|---|
| Market cap | €8.82b |
| Earnings (TTM) | €47.49m |
| Revenue (TTM) | €2.16b |
185.8x
P/E Ratio4.1x
P/S RatioIs 15M1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 15M1 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 15M1 perform over the long term?
See historical performance and comparison