Meridian Energy (MEL) 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. 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. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

MEL Stock Information

Symbol

MEL

Address

287-293 Durham Street NorthChristchurch, 8013New Zealand

Founded

Trading hours

Website

https://www.meridianenergy.co.nz

Country

🇳🇿 New Zealand

Phone Number

64 4 381 1200

Meridian Energy (MEL) Price Chart

Meridian Energy Overview: Key Details and Summary

Stock data	2023	Change
Price	$3.15	N/A
Market Cap	$8.12B	N/A
Shares Outstanding	2.58B	0.42%
Employees	878.00	N/A
Shareholder Equity	5.99B	8.40%

Valuation	2023	Change
P/E Ratio	85.01	N/A
P/S Ratio	4.51	N/A
P/B Ratio	1.36	N/A
P/FCF	80.32	N/A

Dividends	2023	Change
Dividend Yield	2.93%	N/A
Dividend per share	0.0920	N/A
Dividend Payout Ratio	4.4526	N/A

Growth	2023	Change
WACC	0.0161	N/A
CAPEX	-176.37M	N/A
Return on Equity	0.0089	N/A

Earnings	2023	Change
Revenue	$1.80B	N/A
Earnings	$53.36M	N/A
Free Cash Flow	$101.10M	N/A
EPS	0.037	N/A
Earnings Yield	0.0118	N/A
Gross Margin	1.00	N/A
Operating Margin	0.1599	N/A
Net income margin	0.0297	N/A
FCF Margin	0.0562	N/A

Financial Strength	2023	Change
Total Assets	$5.63B	N/A
Total Debt	$709.41M	N/A
Cash on Hand	$119.08M	N/A
Debt to Equity	0.3786	-3.22%
Cash to Debt	0.1679	-44.33%
Current Ratio	$1.04	-30.06%