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Mercury NZ NZSE:MCY Stock Report

Last Price

NZ$6.44

Market Cap

NZ$9.0b

7D

-2.4%

1Y

3.9%

Updated

19 Apr, 2024

Data

Company Financials +

MCY Stock Overview

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand.

MCY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends2/6

Mercury NZ Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mercury NZ
Historical stock prices
Current Share PriceNZ$6.44
52 Week HighNZ$7.25
52 Week LowNZ$5.67
Beta0.48
1 Month Change-6.67%
3 Month Change0.47%
1 Year Change3.87%
3 Year Change-5.50%
5 Year Change69.47%
Change since IPO145.80%

Recent News & Updates

Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next

Feb 22
Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next

Recent updates

Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next

Feb 22
Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next

Mercury NZ Limited's (NZSE:MCY) Share Price Could Signal Some Risk

Dec 29
Mercury NZ Limited's (NZSE:MCY) Share Price Could Signal Some Risk

Is Mercury NZ (NZSE:MCY) A Risky Investment?

Oct 04
Is Mercury NZ (NZSE:MCY) A Risky Investment?

Here's Why Mercury NZ Limited's (NZSE:MCY) CEO Compensation Is The Least Of Shareholders' Concerns

Sep 12
Here's Why Mercury NZ Limited's (NZSE:MCY) CEO Compensation Is The Least Of Shareholders' Concerns

Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541

Sep 06
Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541

Mercury NZ's (NZSE:MCY) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23
Mercury NZ's (NZSE:MCY) Shareholders Will Receive A Bigger Dividend Than Last Year

Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)

Jun 29
Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)

Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly

May 22
Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly

Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 29% Undervaluation?

Mar 25
Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 29% Undervaluation?

Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024

Feb 26
Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024

Does Mercury NZ (NZSE:MCY) Deserve A Spot On Your Watchlist?

Feb 05
Does Mercury NZ (NZSE:MCY) Deserve A Spot On Your Watchlist?

Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?

Dec 19
Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?

Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 20% Undervaluation?

Dec 05
Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 20% Undervaluation?

We Ran A Stock Scan For Earnings Growth And Mercury NZ (NZSE:MCY) Passed With Ease

Oct 24
We Ran A Stock Scan For Earnings Growth And Mercury NZ (NZSE:MCY) Passed With Ease

Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly

Sep 02
Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly

Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year

Aug 18
Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year

Analysts Are Betting On Mercury NZ Limited (NZSE:MCY) With A Big Upgrade This Week

Aug 16
Analysts Are Betting On Mercury NZ Limited (NZSE:MCY) With A Big Upgrade This Week

Mercury NZ Limited (NZSE:MCY) Shares Could Be 24% Below Their Intrinsic Value Estimate

May 18
Mercury NZ Limited (NZSE:MCY) Shares Could Be 24% Below Their Intrinsic Value Estimate

Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden

Mar 28
Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden

The Consensus EPS Estimates For Mercury NZ Limited (NZSE:MCY) Just Fell Dramatically

Feb 26
The Consensus EPS Estimates For Mercury NZ Limited (NZSE:MCY) Just Fell Dramatically

Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.094

Feb 24
Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.094

Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet

Oct 07
Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet

Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.12

Sep 02
Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.12

Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.12

Aug 19
Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.12

Returns At Mercury NZ (NZSE:MCY) Appear To Be Weighed Down

Jul 28
Returns At Mercury NZ (NZSE:MCY) Appear To Be Weighed Down

Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)

Jun 25
Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)

Would Mercury NZ Limited (NZSE:MCY) Be Valuable To Income Investors?

May 03
Would Mercury NZ Limited (NZSE:MCY) Be Valuable To Income Investors?

Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly

Mar 13
Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly

News Flash: Analysts Just Made A Substantial Upgrade To Their Mercury NZ Limited (NZSE:MCY) Forecasts

Feb 28
News Flash: Analysts Just Made A Substantial Upgrade To Their Mercury NZ Limited (NZSE:MCY) Forecasts

Shareholder Returns

MCYNZ Electric UtilitiesNZ Market
7D-2.4%0.7%-0.8%
1Y3.9%10.6%-4.5%

Return vs Industry: MCY underperformed the NZ Electric Utilities industry which returned 10.6% over the past year.

Return vs Market: MCY exceeded the NZ Market which returned -4.5% over the past year.

Price Volatility

Is MCY's price volatile compared to industry and market?
MCY volatility
MCY Average Weekly Movement3.5%
Electric Utilities Industry Average Movement2.6%
Market Average Movement4.2%
10% most volatile stocks in NZ Market7.5%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: MCY has not had significant price volatility in the past 3 months.

Volatility Over Time: MCY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,512Vince James Hawksworthwww.mercury.co.nz

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; 6 wind plants; and 5 geothermal generation stations in the central North Island.

Mercury NZ Limited Fundamentals Summary

How do Mercury NZ's earnings and revenue compare to its market cap?
MCY fundamental statistics
Market capNZ$9.05b
Earnings (TTM)NZ$38.00m
Revenue (TTM)NZ$3.04b

236.3x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCY income statement (TTM)
RevenueNZ$3.04b
Cost of RevenueNZ$2.27b
Gross ProfitNZ$769.00m
Other ExpensesNZ$731.00m
EarningsNZ$38.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.027
Gross Margin25.34%
Net Profit Margin1.25%
Debt/Equity Ratio42.0%

How did MCY perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

818%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.