OTCM
MREGY
Market cap9.14bUSD
, Last price
USD
Name
Meridian Energy Ltd
Chart & Performance
P/E
—
P/S
—
EPS
0.16
Div Yield, %
—
Shrs. gr., 5y
0.20%
Rev. gr., 5y
6.82%
Revenues
4.83b
+50.83%
Net income
429m
+351.58%
CFO
667m
+31.04%
Earnings
Aug 26, 2025
Profile
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. As of June 30, 2022, 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 solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Valuation
Title NZD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑06 | 2023‑06 | 2022‑06 | 2021‑06 | 2020‑06 | 2019‑06 | 2018‑06 | 2017‑06 | 2016‑06 | |
| Income | |||||||||
Revenues | 4,831,000 50.83% | 3,203,000 -13.10% | 3,686,000 -13.82% | ||||||
Cost of revenue | 4,236,000 | 2,680,000 | 3,465,000 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 595,000 | 523,000 | 221,000 | ||||||
NOPBT Margin | 12.32% | 16.33% | 6.00% | ||||||
Operating Taxes | 165,000 | 31,000 | 174,000 | ||||||
Tax Rate | 27.73% | 5.93% | 78.73% | ||||||
NOPAT | 430,000 | 492,000 | 47,000 | ||||||
Net income | 429,000 351.58% | 95,000 -78.94% | 451,000 5.37% | ||||||
Dividends | (436,000) | (423,000) | (360,000) | ||||||
Dividend yield | 2.68% | 2.93% | 2.99% | ||||||
Proceeds from repurchase of equity | (2,000) | ||||||||
BB yield | 0.01% | ||||||||
| Debt | |||||||||
Debt current | 237,000 | 217,000 | 163,000 | ||||||
Long-term debt | 1,170,000 | 1,073,000 | 1,082,000 | ||||||
Deferred revenue | |||||||||
Other long-term liabilities | 204,000 | 166,000 | 147,000 | ||||||
Net debt | 962,000 | 865,000 | 469,000 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 667,000 | 509,000 | 461,000 | ||||||
CAPEX | (321,000) | (329,000) | (172,000) | ||||||
Cash from investing activities | (327,000) | (327,000) | 598,000 | ||||||
Cash from financing activities | (331,000) | (333,000) | (844,000) | ||||||
FCF | (2,864,000) | (594,000) | 708,000 | ||||||
| Balance | |||||||||
Cash | 221,000 | 212,000 | 363,000 | ||||||
Long term investments | 224,000 | 213,000 | 413,000 | ||||||
Excess cash | 203,450 | 264,850 | 591,700 | ||||||
Stockholders' equity | 8,246,000 | 5,987,000 | 5,523,000 | ||||||
Invested Capital | 9,644,550 | 7,151,150 | 6,250,300 | ||||||
ROIC | 5.12% | 7.34% | 0.71% | ||||||
ROCE | 4.65% | 5.49% | 2.52% | ||||||
| EV | |||||||||
Common stock shares outstanding | 2,587,597 | 2,581,802 | 2,570,935 | ||||||
Price | 6.29 12.32% | 5.60 19.66% | 4.68 -12.36% | ||||||
Market cap | 16,275,984 12.57% | 14,458,089 20.16% | 12,031,973 -12.09% | ||||||
EV | 17,237,984 | 15,323,089 | 12,500,973 | ||||||
EBITDA | 929,000 | 817,000 | 514,000 | ||||||
EV/EBITDA | 18.56 | 18.76 | 24.32 | ||||||
Interest | 68,000 | 53,000 | 71,000 | ||||||
Interest/NOPBT | 11.43% | 10.13% | 32.13% | ||||||