Meridian Energy Ltd
NZX:MEL

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Meridian Energy Ltd
NZX:MEL
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Price: 5.88 NZD -0.42% Market Closed
Market Cap: 15.3B NZD
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Meridian Energy Ltd
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Meridian Energy Ltd
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Meridian Energy Ltd
NZX:MEL
Other Current Assets
NZ$282m
CAGR 3-Years
4%
CAGR 5-Years
13%
CAGR 10-Years
16%
NZ Windfarms Ltd
NZX:NWF
Other Current Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Meridian Energy Ltd
Glance View

Market Cap
15.2B NZD
Industry
Utilities

Meridian Energy Ltd., a leading renewable energy company based in New Zealand, is on a mission to power a sustainable future. Founded in 1998, the company harnesses the abundant natural resources of wind and water, primarily generating electricity through hydroelectric and wind farms across New Zealand and Australia. With a focus on clean energy, Meridian stands out in the energy sector not just for its commitment to environmental sustainability, but also for its strong growth trajectory. Investors can appreciate Meridian’s resilient business model, bolstered by a steady demand for renewable energy as global economies shift towards greener solutions. The company’s strategic investments in renewable projects and emphasis on innovation position it well to capitalize on the increasing appetite for clean energy sources, creating a promising outlook for long-term value. Moreover, Meridian Energy is listed on the New Zealand Stock Exchange and has built a strong reputation for consistent performance and shareholder returns. The company has a robust balance sheet, with low debt levels and a diverse portfolio that mitigates risks associated with traditional energy markets. As governments worldwide implement policies supporting the transition to renewable energy, Meridian is poised to benefit from these favorable trends. Its customer-centric approach, evidenced by outstanding customer service and innovative energy solutions, further solidifies its competitive advantage. For investors looking to align their portfolios with sustainable practices while securing potential growth, Meridian Energy Ltd. offers an appealing opportunity in an increasingly vital sector.

MEL Intrinsic Value
5.14 NZD
Overvaluation 13%
Intrinsic Value
Price

See Also

What is Meridian Energy Ltd's Other Current Assets?
Other Current Assets
282m NZD

Based on the financial report for Jun 30, 2024, Meridian Energy Ltd's Other Current Assets amounts to 282m NZD.

What is Meridian Energy Ltd's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
16%

Over the last year, the Other Current Assets growth was 112%. The average annual Other Current Assets growth rates for Meridian Energy Ltd have been 4% over the past three years , 13% over the past five years , and 16% over the past ten years .

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