Meridian Energy Future Growth
Future criteria checks 1/6
Meridian Energy's revenue is forecast to decline at 2% per annum while its annual earnings are expected to grow at 17.6% per year. EPS is expected to grow by 18.2% per annum. Return on equity is forecast to be 9.6% in 3 years.
Key information
17.6%
Earnings growth rate
18.2%
EPS growth rate
| Renewable Energy earnings growth | 15.0% |
| Revenue growth rate | -2.0% |
| Future return on equity | 9.6% |
| Analyst coverage | Low |
| Last updated | 16 Aug 2024 |
Recent future growth updates
Recent updates
Be Wary Of Meridian Energy (NZSE:MEL) And Its Returns On Capital
Aug 19
Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 51% Above Its Share Price
Jul 12Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Jun 20The Returns On Capital At Meridian Energy (NZSE:MEL) Don't Inspire Confidence
May 21Some Shareholders Feeling Restless Over Meridian Energy Limited's (NZSE:MEL) P/S Ratio
May 03Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 02We Think Meridian Energy (NZSE:MEL) Is Taking Some Risk With Its Debt
Feb 29Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price
Jan 26Returns On Capital Signal Difficult Times Ahead For Meridian Energy (NZSE:MEL)
Jan 08Is Meridian Energy Limited (NZSE:MEL) Trading At A 37% Discount?
Dec 21Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Nov 04Here's Why Shareholders May Want To Be Cautious With Increasing Meridian Energy Limited's (NZSE:MEL) CEO Pay Packet
Oct 05Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 16With EPS Growth And More, Meridian Energy (NZSE:MEL) Makes An Interesting Case
Aug 18Investors Will Want Meridian Energy's (NZSE:MEL) Growth In ROCE To Persist
Jul 30Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 15Here's Why We Think Meridian Energy (NZSE:MEL) Is Well Worth Watching
May 19There's Been No Shortage Of Growth Recently For Meridian Energy's (NZSE:MEL) Returns On Capital
Apr 19Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Mar 09An Intrinsic Calculation For Meridian Energy Limited (NZSE:MEL) Suggests It's 29% Undervalued
Feb 24Should You Be Adding Meridian Energy (NZSE:MEL) To Your Watchlist Today?
Jan 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Dec 28Is There An Opportunity With Meridian Energy Limited's (NZSE:MEL) 44% Undervaluation?
Nov 21Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Nov 09Shareholders May Be More Conservative With Meridian Energy Limited's (NZSE:MEL) CEO Compensation For Now
Oct 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Sep 19Does Meridian Energy (NZSE:MEL) Deserve A Spot On Your Watchlist?
Aug 16Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Jun 06Here's Why I Think Meridian Energy (NZSE:MEL) Might Deserve Your Attention Today
May 10Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 50%?
Apr 08These 4 Measures Indicate That Meridian Energy (NZSE:MEL) Is Using Debt Reasonably Well
Mar 26Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Mar 02I Ran A Stock Scan For Earnings Growth And Meridian Energy (NZSE:MEL) Passed With Ease
Jan 15Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 97% Above Its Share Price
Dec 31Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Dec 18Meridian Energy (NZSE:MEL) Is Doing The Right Things To Multiply Its Share Price
Nov 19Meridian Energy (NZSE:MEL) Could Easily Take On More Debt
Sep 10With EPS Growth And More, Meridian Energy (NZSE:MEL) Is Interesting
Aug 29Meridian Energy's (NZSE:MEL) Returns Have Hit A Wall
Aug 16Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 49% Above Its Share Price
May 30The Returns At Meridian Energy (NZSE:MEL) Aren't Growing
May 16Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Apr 06Have Insiders Sold Meridian Energy Limited (NZSE:MEL) Shares Recently?
Mar 11Earnings Update: Meridian Energy Limited (NZSE:MEL) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Feb 26Shareholders Of Meridian Energy (NZSE:MEL) Must Be Happy With Their 263% Total Return
Feb 10
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 4,234 | 530 | 807 | 984 | 2 |
| 6/30/2026 | 4,853 | 578 | 645 | 876 | 3 |
| 6/30/2025 | 5,488 | 475 | 393 | 784 | 3 |
| 6/30/2024 | 4,870 | 377 | 596 | 737 | 3 |
| 12/31/2023 | 3,863 | 85 | 207 | 547 | N/A |
| 9/30/2023 | 3,543 | 90 | 194 | 528 | N/A |
| 6/30/2023 | 3,222 | 95 | 180 | 509 | N/A |
| 3/31/2023 | 3,369 | 301 | N/A | N/A | N/A |
| 12/31/2022 | 3,574 | 507 | 280 | 501 | N/A |
| 9/30/2022 | 3,675 | 479 | 285 | 481 | N/A |
| 6/30/2022 | 3,776 | 451 | 289 | 461 | N/A |
| 12/31/2021 | 3,945 | 333 | 302 | 469 | N/A |
| 9/30/2021 | 3,954 | 374 | 310 | 450 | N/A |
| 6/30/2021 | 3,963 | 415 | 317 | 431 | N/A |
| 3/31/2021 | 3,716 | 320 | 387 | 479 | N/A |
| 12/31/2020 | 3,315 | 211 | 456 | 526 | N/A |
| 9/30/2020 | 3,360 | 193 | 500 | 566 | N/A |
| 6/30/2020 | 3,405 | 175 | 543 | 605 | N/A |
| 3/31/2020 | 3,493 | 277 | 557 | 622 | N/A |
| 12/31/2019 | 3,580 | 378 | 571 | 639 | N/A |
| 9/30/2019 | 3,536 | 359 | 569 | 637 | N/A |
| 6/30/2019 | 3,491 | 339 | 566 | 635 | N/A |
| 3/31/2019 | 3,252 | 292 | 516 | 581 | N/A |
| 12/31/2018 | 3,012 | 244 | 465 | 527 | N/A |
| 9/30/2018 | 2,887 | 223 | 419 | 477 | N/A |
| 6/30/2018 | 2,762 | 201 | 372 | 427 | N/A |
| 3/31/2018 | 2,696 | 193 | N/A | N/A | N/A |
| 12/31/2017 | 2,630 | 184 | 374 | 429 | N/A |
| 9/30/2017 | 2,475 | 192 | N/A | 450 | N/A |
| 6/30/2017 | 2,320 | 200 | N/A | 470 | N/A |
| 3/31/2017 | 2,306 | 203 | N/A | N/A | N/A |
| 12/31/2016 | 2,292 | 206 | N/A | 449 | N/A |
| 9/30/2016 | 2,334 | 196 | N/A | 451 | N/A |
| 6/30/2016 | 2,375 | 185 | N/A | 452 | N/A |
| 3/31/2016 | 2,330 | 210 | N/A | 441 | N/A |
| 12/31/2015 | 2,284 | 234 | N/A | 429 | N/A |
| 9/30/2015 | 2,344 | 241 | N/A | 435 | N/A |
| 6/30/2015 | 2,403 | 247 | N/A | 440 | N/A |
| 3/31/2015 | 2,574 | 239 | N/A | 449 | N/A |
| 12/31/2014 | 2,744 | 230 | N/A | 459 | N/A |
| 9/30/2014 | 2,627 | 230 | N/A | 446 | N/A |
| 6/30/2014 | 2,509 | 230 | N/A | 433 | N/A |
| 3/31/2014 | 2,562 | 234 | N/A | 434 | N/A |
| 12/31/2013 | 2,616 | 239 | N/A | 435 | N/A |
| 9/30/2013 | 2,663 | 267 | N/A | 426 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MEL's forecast earnings growth (17.6% per year) is above the savings rate (2.8%).
Earnings vs Market: MEL's earnings (17.6% per year) are forecast to grow slower than the NZ market (20% per year).
High Growth Earnings: MEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: MEL's revenue is expected to decline over the next 3 years (-2% per year).
High Growth Revenue: MEL's revenue is forecast to decline over the next 3 years (-2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MEL's Return on Equity is forecast to be low in 3 years time (9.6%).