MEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average. MEL had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (-48.1%). Should You Use Meridian Energy's (NZSE:MEL) Statutory Earnings To Analyse It? Stable Share Price: MEL has not had significant price volatility in the past 3 months. How is Meridian Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts? Learn more. The Company operates through three segments: Wholesale, Retail and I. nternational. (2.8x) compared to the XO Renewable Energy industry average (1.2x). The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. ( 1.4 years average tenure), which suggests a new team. Please sign in or register. The Company supplies electricity to power homes, businesses and farms. Growing Dividend: MEL's dividend payments have increased, but the company has only paid a dividend for 5 years. PE vs Market: MEL is poor value based on its PE Ratio (82.3x) compared to the NZ market (22.9x). Below Fair Value: MEL (NZ$5.65) is trading above our estimate of fair value (NZ$3.26). Short Term Liabilities: MEL's short term assets (NZ$665.0M) exceed its short term liabilities (NZ$648.0M). This is intended for information purposes only and is not intended as an offer or recommendation to buy, sell or otherwise deal in securities. How has Meridian Energy's share price performed over time and what events caused price changes? 3.8%. : Get the latest Meridian Energy stock price and detailed information including news, historical charts and realtime prices. MEL's earnings are forecast to grow, but not. 337927). Share Price & News. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Significantly Below Fair Value: MEL is trading above our estimate of fair value. The company generates electricity through hydro power stations and wind farms located in New Zealand and Austr ... Show more. MEL's earnings (4.9% per year) are forecast to grow slower than the NZ market (10.5% per year). The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. High Growth Earnings: MEL's earnings are forecast to grow, but not significantly. PE vs Industry: MEL is poor value based on its PE Ratio (82.3x) compared to the XO Renewable Energy industry average (26.6x). View daily, weekly or … Growing Profit Margin: MEL's current net profit margins (5.2%) are lower than last year (9.7%). MEL. NZ Renewable Energy. Markit Short Selling Activity © Markit. Please log in with your existing credentials, My Data delayed at least 20 minutes, as of Oct 16 2020 06:10 BST. How experienced are the management team and are they aligned to shareholders interests? is forecast to be low in 3 years time (4.7%). Long Term Liabilities: MEL's short term assets (NZ$665.0M) do not cover its long term liabilities (NZ$3.9B). Compensation vs Market: Neal's total compensation ($USD1.34M) is about average for companies of similar size in the NZ market ($USD1.35M). This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Who are the major shareholders and have insiders been buying or selling? You might already have an ASX account with another platform. dashboard. MEL's dividend (2.99%) is higher than the bottom 25% of dividend payers in the NZ market (2.71%). Share price information may be rounded up/down and therefore not entirely accurate. Meridian Energy Limited's company bio, employee growth, exchange listings and data sources, Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. Debt Level: MEL's debt to equity ratio (33.2%) is considered satisfactory. Debt Coverage: MEL's debt is well covered by operating cash flow (35.8%). In terms of relative price strength - which takes into account the overall market trend - the Meridian Energy price has moved by 15.08% over the past year. Explore growth companies in the Utilities industry. The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. 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. Neal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year. Learn more here. Dividend Coverage: With its high payout ratio (246.1%), MEL's dividend payments are not well covered by earnings. Revenue vs Market: MEL's revenue is expected to decline over the next 3 years (-5.4% per year). High Dividend: MEL's dividend (2.99%) is low compared to the top 25% of dividend payers in the NZ market (4.5%). PEG Ratio: MEL is poor value based on its PEG Ratio (16.7x). Market Performance. Earnings vs Industry: MEL had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (-48.1%). All content on FT.com is for your general information and use only and is not intended to address your particular requirements. You must be a registered user to save alerts. How is Meridian Energy's financial position? Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. Discover historical prices for MEL.NZ stock on Yahoo Finance. Please choose another, Invalid password: must not contain more than 3 consecutive identical characters, Invalid password: must not contain more than 3 consecutive sequential characters, The password cannot contain the user name, given name, or family name. High ROE: MEL's Return on Equity (3.5%) is considered low. Stable Dividend: Whilst dividend payments have been stable, MEL has been paying a dividend for less than 10 years. Index data is provided © S&P Dow Jones Indices LLC 2020. Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. Quality Earnings: MEL has high quality earnings. Latest Meridian Energy Ltd (MEZ:ASX) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Earnings vs Savings Rate: MEL's forecast earnings growth (4.9% per year) is above the savings rate (2.6%). (82.3x) compared to the XO Renewable Energy industry average (26.6x). How has Meridian Energy's share price performed over time and what events caused price changes? Mr. Neal Barclay has been Chief Executive Officer of Meridian Energy Limited since January 1, 2018. More Details, Earnings are forecast to grow 4.93% per year, Dividend of 2.99% is not well covered by earnings or forecast to be in the next 3 years, Profit margins (5.2%) are lower than last year (9.7%). Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. Investor Optimism Abounds Meridian Energy Limited (NZSE:MEL) But Growth Is Lacking. The Company supplies electricity to power homes, businesses and farms. 1 Year Return. The Returns At Meridian Energy (NZSE:MEL) Provide Us With Signs Of What's To Come. MEL's short term assets (NZ$665.0M) do not cover its. Explore strong past performing companies in the Utilities industry. 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. Reducing Debt: MEL's debt to equity ratio has increased from 22.7% to 33.2% over the past 5 years. Market data is provided and copyrighted by Thomson Reuters and Morningstar. NZ Market. All rights reserved. High Growth Revenue: MEL's revenue is forecast to decline over the next 3 years (-5.4% per year). MEL. Adequate balance sheet with questionable track record. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. What is Meridian Energy current dividend yield, its reliability and sustainability? Experienced Board: MEL's board of directors are considered experienced (4.5 years average tenure). Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. MEL's earnings have grown by 7.5% per year over the past 5 years. Experienced Management: MEL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. MEL's forecast earnings growth (4.9% per year) is above the. Copyright © 2018, Standard & Poor’s Financial Services LLC. MEL underperformed the NZ Renewable Energy industry which returned 10.2% over the past year. Unless specified all financial data is based on a yearly period but updated quarterly. FT is not responsible for any use of content by you outside its scope as stated in the. How volatile is Meridian Energy's share price compared to the market and industry in the last 5 years?

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