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Mercury NZ LimitedNZSE:MCY Stock Report

Market Cap NZ$9.4b
Share Price
NZ$6.65
My Fair Value
NZ$6.89
3.4% undervalued intrinsic discount
1Y8.3%
7D0%
Portfolio Value
View

Mercury NZ Limited

NZSE:MCY Stock Report

Market Cap: NZ$9.4b

MCY Community Fair Values

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Mercury NZ Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mercury NZ
Historical stock prices
Current Share PriceNZ$6.65
52 Week HighNZ$7.00
52 Week LowNZ$5.50
Beta0.39
1 Month Change2.47%
3 Month Change9.02%
1 Year Change8.31%
3 Year Change16.67%
5 Year Change30.14%
Change since IPO153.82%

Recent News & Updates

Mercury NZ Limited (NZSE:MCY) Investors Are Less Pessimistic Than Expected

Sep 11
Mercury NZ Limited (NZSE:MCY) Investors Are Less Pessimistic Than Expected

Recent updates

Mercury NZ Limited (NZSE:MCY) Investors Are Less Pessimistic Than Expected

Sep 11
Mercury NZ Limited (NZSE:MCY) Investors Are Less Pessimistic Than Expected

Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 87% Above Its Share Price

Jul 31
Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 87% Above Its Share Price

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

May 28
Is Mercury NZ (NZSE:MCY) A Risky Investment?

Some Shareholders Feeling Restless Over Mercury NZ Limited's (NZSE:MCY) P/S Ratio

Apr 16
Some Shareholders Feeling Restless Over Mercury NZ Limited's (NZSE:MCY) P/S Ratio

These 4 Measures Indicate That Mercury NZ (NZSE:MCY) Is Using Debt Extensively

Feb 25
These 4 Measures Indicate That Mercury NZ (NZSE:MCY) Is Using Debt Extensively
User avatar

Kaiwera Downs 2 And Nga Tamariki Expansions Will Increase Future Renewable Capacity

Integration and renewable projects are expected to enhance operational efficiency and drive future revenue growth for Mercury NZ.

Investor Optimism Abounds Mercury NZ Limited (NZSE:MCY) But Growth Is Lacking

Dec 09
Investor Optimism Abounds Mercury NZ Limited (NZSE:MCY) But Growth Is Lacking

Is Mercury NZ (NZSE:MCY) Using Too Much Debt?

Oct 04
Is Mercury NZ (NZSE:MCY) Using Too Much Debt?

Shareholder Returns

MCYNZ Electric UtilitiesNZ Market
7D0%-0.3%-0.4%
1Y8.3%19.3%6.9%

Return vs Industry: MCY underperformed the NZ Electric Utilities industry which returned 19.3% over the past year.

Return vs Market: MCY exceeded the NZ Market which returned 6.9% over the past year.

Price Volatility

Is MCY's price volatile compared to industry and market?
MCY volatility
MCY Average Weekly Movement2.7%
Electric Utilities Industry Average Movement2.7%
Market Average Movement4.0%
10% most volatile stocks in NZ Market8.9%
10% least volatile stocks in NZ Market2.4%

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

Volatility Over Time: MCY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,364Stew Hamiltonwww.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, Customer, and Other segments. It operates 9 hydro generation stations on the Waikato River; 5 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$9.36b
Earnings (TTM)NZ$1.00m
Revenue (TTM)NZ$3.50b
9,356x
P/E Ratio
2.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCY income statement (TTM)
RevenueNZ$3.50b
Cost of RevenueNZ$2.92b
Gross ProfitNZ$581.00m
Other ExpensesNZ$580.00m
EarningsNZ$1.00m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.00071
Gross Margin16.61%
Net Profit Margin0.029%
Debt/Equity Ratio45.3%

How did MCY perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
33,613%
Payout Ratio

Does MCY pay a reliable dividends?

See MCY dividend history and benchmarks
When do you need to buy MCY by to receive an upcoming dividend?
Mercury NZ dividend dates
Ex Dividend DateSep 03 2025
Dividend Pay DateSep 30 2025
Days until Ex dividend23 days
Days until Dividend pay date4 days

Does MCY pay a reliable dividends?

See MCY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/25 19:07
End of Day Share Price 2025/09/25 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mercury NZ Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nevill GluyasCredit Suisse
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.