company background image
MDDN.F logo

Meridian Energy OTCPK:MDDN.F Stock Report

Last Price

US$3.55

Market Cap

US$9.3b

7D

n/a

1Y

n/a

Updated

08 May, 2024

Data

Company Financials +

Meridian Energy Limited

OTCPK:MDDN.F Stock Report

Market Cap: US$9.3b

MDDN.F Stock Overview

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom.

MDDN.F fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health3/6
Dividends1/6

Meridian Energy Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meridian Energy
Historical stock prices
Current Share PriceNZ$3.55
52 Week HighNZ$3.65
52 Week LowNZ$2.85
Beta0.73
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Change-13.60%
5 Year Change31.52%
Change since IPO63.64%

Recent News & Updates

Recent updates

Shareholder Returns

MDDN.FUS Renewable EnergyUS Market
7Dn/a10.0%3.3%
1Yn/a19.6%25.0%

Return vs Industry: Insufficient data to determine how MDDN.F performed against the US Renewable Energy industry.

Return vs Market: Insufficient data to determine how MDDN.F performed against the US Market.

Price Volatility

Is MDDN.F's price volatile compared to industry and market?
MDDN.F volatility
MDDN.F Average Weekly Movementn/a
Renewable Energy Industry Average Movement8.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: Insufficient data to determine MDDN.F's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998932Neal Barclaywww.meridianenergy.co.nz

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands.

Meridian Energy Limited Fundamentals Summary

How do Meridian Energy's earnings and revenue compare to its market cap?
MDDN.F fundamental statistics
Market capUS$9.31b
Earnings (TTM)US$51.01m
Revenue (TTM)US$2.32b

182.6x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDDN.F income statement (TTM)
RevenueNZ$3.86b
Cost of RevenueNZ$3.09b
Gross ProfitNZ$772.00m
Other ExpensesNZ$687.00m
EarningsNZ$85.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin19.98%
Net Profit Margin2.20%
Debt/Equity Ratio23.6%

How did MDDN.F perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

549%

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.