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Manawa Energy Limited

NZSE:MNW Stock Report

Market Cap: NZ$2.0b

Manawa Energy (MNW) Stock Overview

Engages in the ownership and operation of electricity generation facilities from renewable energy sources in New Zealand. More details

MNW fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 25.8% below our estimate of its fair value

Earnings are forecast to grow 25.82% per year

Risk Analysis

Interest payments are not well covered by earnings

Volatile share price over the past 3 months compared to the NZ market


MNW Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Manawa Energy Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manawa Energy
Historical stock prices
Current Share PriceNZ$6.37
52 Week HighNZ$6.51
52 Week LowNZ$3.85
Beta0.43
1 Month Change-1.39%
3 Month Change37.58%
1 Year Change53.86%
3 Year Change1.43%
5 Year Change-7.28%
Change since IPO29.47%

Recent News & Updates

Recent updates

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Sep 13
Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

May 22
Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

May 21
Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Jul 03
These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

Feb 18
Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Jan 31
We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

Nov 11
Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

May 22
Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

May 17
New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly

Jan 25
Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly

Is Trustpower (NZSE:TPW) A Risky Investment?

Sep 29
Is Trustpower (NZSE:TPW) A Risky Investment?

Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet

Jun 26
Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet

Should You Buy Trustpower Limited (NZSE:TPW) For Its Dividend?

May 10
Should You Buy Trustpower Limited (NZSE:TPW) For Its Dividend?

Calculating The Intrinsic Value Of Trustpower Limited (NZSE:TPW)

Mar 17
Calculating The Intrinsic Value Of Trustpower Limited (NZSE:TPW)

Have Insiders Been Buying Trustpower Limited (NZSE:TPW) Shares?

Feb 24
Have Insiders Been Buying Trustpower Limited (NZSE:TPW) Shares?

Trustpower Limited's (NZSE:TPW) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Feb 09
Trustpower Limited's (NZSE:TPW) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Trustpower Limited (NZSE:TPW) Investors Should Think About This Before Buying It For Its Dividend

Jan 26
Trustpower Limited (NZSE:TPW) Investors Should Think About This Before Buying It For Its Dividend

Did You Participate In Any Of Trustpower's (NZSE:TPW) Respectable 75% Return?

Jan 12
Did You Participate In Any Of Trustpower's (NZSE:TPW) Respectable 75% Return?

These 4 Measures Indicate That Trustpower (NZSE:TPW) Is Using Debt Reasonably Well

Dec 30
These 4 Measures Indicate That Trustpower (NZSE:TPW) Is Using Debt Reasonably Well

Calculating The Fair Value Of Trustpower Limited (NZSE:TPW)

Dec 17
Calculating The Fair Value Of Trustpower Limited (NZSE:TPW)

Are Trustpower's (NZSE:TPW) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 04
Are Trustpower's (NZSE:TPW) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Don't Race Out To Buy Trustpower Limited (NZSE:TPW) Just Because It's Going Ex-Dividend

Nov 21
Don't Race Out To Buy Trustpower Limited (NZSE:TPW) Just Because It's Going Ex-Dividend

Shareholder Returns

MNWNZ Electric UtilitiesNZ Market
7D1.3%0.05%1.5%
1Y53.9%-0.4%6.2%

Return vs Industry: MNW exceeded the NZ Electric Utilities industry which returned -0.4% over the past year.

Return vs Market: MNW exceeded the NZ Market which returned 6.2% over the past year.

Price Volatility

Is MNW's price volatile compared to industry and market?
MNW volatility
MNW Average Weekly Movement8.5%
Electric Utilities Industry Average Movement3.7%
Market Average Movement5.0%
10% most volatile stocks in NZ Market8.5%
10% least volatile stocks in NZ Market3.0%

Stable Share Price: MNW's share price has been volatile over the past 3 months compared to the NZ market.

Volatility Over Time: MNW's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
1915217Clayton Delmarterwww.manawaenergy.co.nz

Manawa Energy Limited, together with its subsidiaries, engages in the ownership and operation of electricity generation facilities from renewable energy sources in New Zealand. The company generates electricity through hydro power schemes and a diesel peaking asset. It operates approximately 26 power schemes with a total installed capacity of 512MW for approximately 550 commercial and industrial customers.

Manawa Energy Limited Fundamentals Summary

How do Manawa Energy's earnings and revenue compare to its market cap?
MNW fundamental statistics
Market capNZ$1.99b
Earnings (TTM)-NZ$808.00k
Revenue (TTM)NZ$490.76m
4.1x
P/S Ratio
-2,467x
P/E Ratio

Is MNW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNW income statement (TTM)
RevenueNZ$490.76m
Cost of RevenueNZ$330.67m
Gross ProfitNZ$160.09m
Other ExpensesNZ$160.90m
Earnings-NZ$808.00k

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.0026
Gross Margin32.62%
Net Profit Margin-0.16%
Debt/Equity Ratio41.1%

How did MNW perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 14:26
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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

Manawa Energy Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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