Meridian Energy Limited Logo

Meridian Energy Limited

MEZ.AX

(2.2)
Stock Price

5,40 AUD

0.63% ROA

1.2% ROE

182.16x PER

Market Cap.

15.620.666.380,20 AUD

16.7% DER

3.12% Yield

2.23% NPM

Meridian Energy Limited Stock Analysis

Meridian Energy Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Meridian Energy Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (22%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

ROE in an average range (8.39%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (4.86%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.39x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (50), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Meridian Energy Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Meridian Energy Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Meridian Energy Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Meridian Energy Limited Revenue
Year Revenue Growth
2010 2.039.599.000
2011 2.032.716.000 -0.34%
2012 2.554.105.000 20.41%
2013 2.711.100.000 5.79%
2014 2.509.000.000 -8.06%
2015 2.403.000.000 -4.41%
2016 2.375.000.000 -1.18%
2017 2.320.000.000 -2.37%
2018 2.762.000.000 16%
2019 3.491.000.000 20.88%
2020 3.388.000.000 -3.04%
2020 3.405.000.000 0.5%
2021 3.963.000.000 14.08%
2022 3.776.000.000 -4.95%
2023 3.222.000.000 -17.19%
2024 8.444.000.000 61.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Meridian Energy Limited Research and Development Expenses
Year Research and Development Expenses Growth
2010 3.132.000
2011 2.443.000 -28.2%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Meridian Energy Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2010 91.993.000
2011 94.413.000 2.56%
2012 79.589.000 -18.63%
2013 88.600.000 10.17%
2014 95.800.000 7.52%
2015 88.000.000 -8.86%
2016 92.000.000 4.35%
2017 92.000.000 0%
2018 95.000.000 3.16%
2019 102.000.000 6.86%
2020 115.000.000 11.3%
2020 115.000.000 0%
2021 112.000.000 -2.68%
2022 100.000.000 -12%
2023 119.000.000 15.97%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Meridian Energy Limited EBITDA
Year EBITDA Growth
2010 574.401.000
2011 555.904.000 -3.33%
2012 533.414.000 -4.22%
2013 566.300.000 5.81%
2014 555.000.000 -2.04%
2015 596.000.000 6.88%
2016 616.000.000 3.25%
2017 562.000.000 -9.61%
2018 623.000.000 9.79%
2019 870.000.000 28.39%
2020 623.000.000 -39.65%
2020 709.000.000 12.13%
2021 857.000.000 17.27%
2022 834.000.000 -2.76%
2023 418.000.000 -99.52%
2024 1.756.000.000 76.2%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Meridian Energy Limited Gross Profit
Year Gross Profit Growth
2010 2.039.599.000
2011 2.032.716.000 -0.34%
2012 2.554.105.000 20.41%
2013 830.100.000 -207.69%
2014 590.300.000 -40.62%
2015 618.000.000 4.48%
2016 650.000.000 4.92%
2017 657.000.000 1.07%
2018 672.000.000 2.23%
2019 838.000.000 19.81%
2020 3.388.000.000 75.27%
2020 853.000.000 -297.19%
2021 692.000.000 -23.27%
2022 588.000.000 -17.69%
2023 823.000.000 28.55%
2024 1.640.000.000 49.82%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Meridian Energy Limited Net Profit
Year Net Profit Growth
2010 184.852.000
2011 303.817.000 39.16%
2012 74.913.000 -305.56%
2013 295.100.000 74.61%
2014 229.800.000 -28.42%
2015 247.000.000 6.96%
2016 185.000.000 -33.51%
2017 197.000.000 6.09%
2018 201.000.000 1.99%
2019 339.000.000 40.71%
2020 176.000.000 -92.61%
2020 176.000.000 0%
2021 428.000.000 58.88%
2022 451.000.000 5.1%
2023 95.000.000 -374.74%
2024 764.000.000 87.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Meridian Energy Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Meridian Energy Limited Free Cashflow
Year Free Cashflow Growth
2010 237.357.000
2011 108.129.000 -119.51%
2012 -196.511.000 155.02%
2013 166.200.000 218.24%
2014 140.000.000 -18.71%
2015 309.000.000 54.69%
2016 410.000.000 24.63%
2017 437.000.000 6.18%
2018 394.000.000 -10.91%
2019 590.000.000 33.22%
2020 562.000.000 -4.98%
2021 355.000.000 -58.31%
2022 320.000.000 -10.94%
2023 193.000.000 -65.8%
2024 160.000.000 -20.63%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Meridian Energy Limited Operating Cashflow
Year Operating Cashflow Growth
2010 451.824.000
2011 368.708.000 -22.54%
2012 322.202.000 -14.43%
2013 416.700.000 22.68%
2014 433.000.000 3.76%
2015 440.000.000 1.59%
2016 452.000.000 2.65%
2017 470.000.000 3.83%
2018 427.000.000 -10.07%
2019 635.000.000 32.76%
2020 605.000.000 -4.96%
2021 431.000.000 -40.37%
2022 461.000.000 6.51%
2023 509.000.000 9.43%
2024 303.000.000 -67.99%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Meridian Energy Limited Capital Expenditure
Year Capital Expenditure Growth
2010 214.467.000
2011 260.579.000 17.7%
2012 518.713.000 49.76%
2013 250.500.000 -107.07%
2014 293.000.000 14.51%
2015 131.000.000 -123.66%
2016 42.000.000 -211.9%
2017 33.000.000 -27.27%
2018 33.000.000 0%
2019 45.000.000 26.67%
2020 43.000.000 -4.65%
2021 76.000.000 43.42%
2022 141.000.000 46.1%
2023 316.000.000 55.38%
2024 143.000.000 -120.98%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Meridian Energy Limited Equity
Year Equity Growth
2010 5.070.684.000
2011 4.931.302.000 -2.83%
2012 4.825.680.000 -2.19%
2013 4.688.000.000 -2.94%
2014 4.634.000.000 -1.17%
2015 4.748.000.000 2.4%
2016 5.050.000.000 5.98%
2017 5.095.000.000 0.88%
2018 4.823.000.000 -5.64%
2019 5.457.000.000 11.62%
2020 5.082.000.000 -7.38%
2021 5.224.000.000 2.72%
2022 5.523.000.000 5.41%
2023 5.987.000.000 7.75%
2024 8.246.000.000 27.4%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Meridian Energy Limited Assets
Year Assets Growth
2010 8.715.599.000
2011 8.459.973.000 -3.02%
2012 8.692.775.000 2.68%
2013 7.737.400.000 -12.35%
2014 7.590.000.000 -1.94%
2015 7.661.000.000 0.93%
2016 8.538.000.000 10.27%
2017 8.683.000.000 1.67%
2018 8.632.000.000 -0.59%
2019 9.657.000.000 10.61%
2020 9.622.000.000 -0.36%
2021 9.856.000.000 2.37%
2022 9.369.000.000 -5.2%
2023 10.022.000.000 6.52%
2024 13.543.000.000 26%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Meridian Energy Limited Liabilities
Year Liabilities Growth
2010 3.644.915.000
2011 3.528.671.000 -3.29%
2012 3.867.095.000 8.75%
2013 3.049.400.000 -26.81%
2014 2.956.000.000 -3.16%
2015 2.913.000.000 -1.48%
2016 3.488.000.000 16.49%
2017 3.588.000.000 2.79%
2018 3.809.000.000 5.8%
2019 4.200.000.000 9.31%
2020 4.540.000.000 7.49%
2021 4.632.000.000 1.99%
2022 3.846.000.000 -20.44%
2023 4.035.000.000 4.68%
2024 5.297.000.000 23.82%

Meridian Energy Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.47
Net Income per Share
0.03
Price to Earning Ratio
182.16x
Price To Sales Ratio
4.11x
POCF Ratio
28.31
PFCF Ratio
69.74
Price to Book Ratio
1.88
EV to Sales
4.41
EV Over EBITDA
37.28
EV to Operating CashFlow
30.67
EV to FreeCashFlow
74.9
Earnings Yield
0.01
FreeCashFlow Yield
0.01
Market Cap
15,62 Bil.
Enterprise Value
16,78 Bil.
Graham Number
1.54
Graham NetNet
-1.76

Income Statement Metrics

Net Income per Share
0.03
Income Quality
6.44
ROE
0.01
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
0.77
EBT Per Ebit
0.65
Ebit per Revenue
0.04
Effective Tax Rate
1.08

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.21
Operating Profit Margin
0.04
Pretax Profit Margin
0.03
Net Profit Margin
0.02

Dividends

Dividend Yield
0.03
Dividend Yield %
3.12
Payout Ratio
5.08
Dividend Per Share
0.19

Operating Metrics

Operating Cashflow per Share
0.21
Free CashFlow per Share
0.09
Capex to Operating CashFlow
0.59
Capex to Revenue
0.08
Capex to Depreciation
1.14
Return on Invested Capital
-0
Return on Tangible Assets
0.01
Days Sales Outstanding
51.43
Days Payables Outstanding
0
Days of Inventory on Hand
28.39
Receivables Turnover
7.1
Payables Turnover
0
Inventory Turnover
12.86
Capex per Share
0.13

Balance Sheet

Cash per Share
0,09
Book Value per Share
3,19
Tangible Book Value per Share
3.17
Shareholders Equity per Share
3.19
Interest Debt per Share
0.53
Debt to Equity
0.17
Debt to Assets
0.1
Net Debt to EBITDA
2.57
Current Ratio
1.05
Tangible Asset Value
8,18 Bil.
Net Current Asset Value
-4,25 Bil.
Invested Capital
12301000000
Working Capital
0,05 Bil.
Intangibles to Total Assets
0
Average Receivables
0,50 Bil.
Average Payables
0,00 Bil.
Average Inventory
116500000
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Meridian Energy Limited Dividends
Year Dividends Growth
2014 0
2015 4 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Meridian Energy Limited Profile

About Meridian Energy Limited

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.

CEO
Mr. Neal Barclay BCA, CA (NZI
Employee
936
Address
287-293 Durham Street North
Christchurch, 8013

Meridian Energy Limited Executives & BODs

Meridian Energy Limited Executives & BODs
# Name Age
1 Owen Hackston
Investor Relations Manager
70
2 Mr. Jason Woolley
General Counsel & Company Secretary
70
3 Mr. Mike Roan
Chief Financial Officer and GM of Finance & Strategy
70
4 Philip Clark
Head of Communications
70
5 Ms. Claire Shaw
General Manager of Corporate Affairs & Sustainability
70
6 Mr. Rory Blundell
Group Strategy Manager
70
7 Mr. Neal Barclay BCA, CA (NZICA)
Chief Executive Officer
70
8 Mr. Bharat Ratanpal
Chief Information Officer
70
9 Mr. Jason Stein BCA, LLB
Chief People Officer, Chief Executive Officer of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited
70
10 Ms. Lisa Hannifin
Chief Customer Officer
70

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