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Mercury NZ NZSE:MCY Stock Report

Last Price

NZ$6.60

Market Cap

NZ$9.2b

7D

-2.0%

1Y

5.5%

Updated

22 Aug, 2024

Data

Company Financials +

MCY Stock Overview

Engages in the production, trading, and sale of electricity and related activities in New Zealand.

MCY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
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$6.60
52 Week HighNZ$7.25
52 Week LowNZ$5.67
Beta0.47
11 Month Change-4.49%
3 Month Change2.33%
1 Year Change5.52%
33 Year Change-2.94%
5 Year Change28.91%
Change since IPO151.91%

Recent News & Updates

Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1647

Aug 22
Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1647

Recent updates

Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1647

Aug 22
Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1647

Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 53% Above Its Share Price

Jun 30
Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 53% Above Its Share Price

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

Jun 11
Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?

Subdued Growth No Barrier To Mercury NZ Limited's (NZSE:MCY) Price

May 21
Subdued Growth No Barrier To Mercury NZ Limited's (NZSE:MCY) Price

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

Shareholder Returns

MCYNZ Electric UtilitiesNZ Market
7D-2.0%-3.4%-0.5%
1Y5.5%6.9%3.0%

Return vs Industry: MCY underperformed the NZ Electric Utilities industry which returned 6.9% over the past year.

Return vs Market: MCY exceeded the NZ Market which returned 3% over the past year.

Price Volatility

Is MCY's price volatile compared to industry and market?
MCY volatility
MCY Average Weekly Movement3.9%
Electric Utilities Industry Average Movement3.9%
Market Average Movement4.6%
10% most volatile stocks in NZ Market9.7%
10% least volatile stocks in NZ Market3.0%

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
19981,493Vince 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, Customer, 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$9.20b
Earnings (TTM)NZ$290.00m
Revenue (TTM)NZ$3.42b

31.7x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCY income statement (TTM)
RevenueNZ$3.42b
Cost of RevenueNZ$2.70b
Gross ProfitNZ$720.00m
Other ExpensesNZ$430.00m
EarningsNZ$290.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin21.03%
Net Profit Margin8.47%
Debt/Equity Ratio39.7%

How did MCY perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

112%

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 11 2024
Dividend Pay DateSep 30 2024
Days until Ex dividend19 days
Days until Dividend pay date38 days

Does MCY pay a reliable dividends?

See MCY dividend history and benchmarks