Meridian Energy Limited (MEL.NZ)

$5.29

+0.03 (+0.57%)
Rating:
Recommendation:
-
Symbol MEL.NZ
Price $5.29
Beta 0.733
Volume Avg. 1.53M
Market Cap 13.622B
Shares () -
52 Week Range 4.32-5.36
1y Target Est -
DCF Unlevered MEL.NZ DCF ->
DCF Levered MEL.NZ LDCF ->
ROE -
ROA -
Operating Margin -
Debt / Equity -
P/E 40.69 Strong Buy
P/B -
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Utilities
Utilities—Renewable
NZSE

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 wind farms, hydro power stations, 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.