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
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Meridian Energy Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Meridian Energy Ltd
NZX:MEL
Net Income (Common)
NZ$429m
CAGR 3-Years
0%
CAGR 5-Years
5%
CAGR 10-Years
6%
NZ Windfarms Ltd
NZX:NWF
Net Income (Common)
NZ$146.3k
CAGR 3-Years
-22%
CAGR 5-Years
-25%
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 Net Income (Common)?
Net Income (Common)
429m NZD

Based on the financial report for Jun 30, 2024, Meridian Energy Ltd's Net Income (Common) amounts to 429m NZD.

What is Meridian Energy Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
6%

Over the last year, the Net Income (Common) growth was 352%.

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