Earnings vs Market: MEL's earnings (4.9% per year) are forecast to grow slower than the NZ market (10.5% per year). MEL's revenue is forecast to decline over the next 3 years (-5.4% per year). The Company operates through three segments: Wholesale, Retail and I. nternational. 7.8%. MEL's dividend (2.99%) is low compared to the top 25% of dividend payers in the NZ market (4.5%). View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … The Company operates through three segments: Wholesale, Retail and International. (82.3x) compared to the NZ market (22.9x). Return vs Industry: MEL underperformed the NZ Renewable Energy industry which returned 10.2% over the past year. Market Performance. Whilst dividend payments have been stable, MEL has been paying a dividend for less than 10 years. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. The Retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. MEL's forecast earnings growth (4.9% per year) is above the. Market data is provided and copyrighted by Thomson Reuters and Morningstar. Is Meridian Energy undervalued compared to its fair value and its price relative to the market? MEL has not had significant price volatility in the past 3 months. Debt Level: MEL's debt to equity ratio (33.2%) is considered satisfactory. How volatile is Meridian Energy's share price compared to the market and industry in the last 5 years? Short Term Liabilities: MEL's short term assets (NZ$665.0M) exceed its short term liabilities (NZ$648.0M). 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. Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. Dividend Coverage: With its high payout ratio (246.1%), MEL's dividend payments are not well covered by earnings. Stable Dividend: Whilst dividend payments have been stable, MEL has been paying a dividend for less than 10 years. 1 Year Return. Long Term Liabilities: MEL's short term assets (NZ$665.0M) do not cover its long term liabilities (NZ$3.9B). MEL's dividend (2.99%) is higher than the bottom 25% of dividend payers in the NZ market (2.71%). The Financial and Risk business of Thomson Reuters is now. dashboard. Mr. Neal Barclay has been Chief Executive Officer of Meridian Energy Limited since January 1, 2018. Latest Share Price and Events. Shares in Meridian Energy are currently trading at NZD5.68 and the price has moved by 8.99% over the past 365 days. © 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. Please sign in or register. MEL's dividends in 3 years are not forecast to be well covered by earnings (263.3% payout ratio). Mr. Neal Barclay has been Chief Executive Officer of Meridian Energy Limited since January 1, 2018. See the share price, dividends, reports and investor news for Meridian - NZ's largest renewable energy company. MEL underperformed the NZ Renewable Energy industry which returned 10.2% over the past year. Learn more. profile, My Index data is provided © S&P Dow Jones Indices LLC 2020. Please log in with your existing credentials, My Adequate balance sheet with questionable track record. Explore more healthy companies in the Utilities industry. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. View today’s MEZ share price, options, bonds, hybrids and warrants. Share Price & News. High Dividend: MEL's dividend (2.99%) is low compared to the top 25% of dividend payers in the NZ market (4.5%). is forecast to be low in 3 years time (4.7%). View daily, weekly or … (246.1%), MEL's dividend payments are not well covered by earnings. MEL's revenue is expected to decline over the next 3 years (-5.4% per year). Explore growth companies in the Utilities industry. 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. (82.3x) compared to the XO Renewable Energy industry average (26.6x). 12.3%. MEL's earnings are forecast to grow, but not. Learn more here. PEG Ratio: MEL is poor value based on its PEG Ratio (16.7x). All markets data located on FT.com is subject to the. MEL is trading above our estimate of fair value. Mr. Barclay served as General Manager of Retail at Meridian Energy Limited since April 5, 2016 until July ... Show more. How has Meridian Energy's share price performed over time and what events caused price changes? Below Fair Value: MEL (NZ$5.65) is trading above our estimate of fair value (NZ$3.26). You must be a registered user to save alerts. Earnings Trend: MEL's earnings have grown by 7.5% per year over the past 5 years. Stable Share Price: MEL has not had significant price volatility in the past 3 months. Earnings vs Savings Rate: MEL's forecast earnings growth (4.9% per year) is above the savings rate (2.6%). This is intended for information purposes only and is not intended as an offer or recommendation to buy, sell or otherwise deal in securities. PE vs Market: MEL is poor value based on its PE Ratio (82.3x) compared to the NZ market (22.9x). Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness. Compensation vs Market: Neal's total compensation ($USD1.34M) is about average for companies of similar size in the NZ market ($USD1.35M). Debt Coverage: MEL's debt is well covered by operating cash flow (35.8%). NZ Renewable Energy. The Company supplies electricity to power homes, businesses and farms. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. In terms of relative price strength - which takes into account the overall market trend - the Meridian Energy price has moved by 15.08% over the past year. ( 1.4 years average tenure), which suggests a new team. Reducing Debt: MEL's debt to equity ratio has increased from 22.7% to 33.2% over the past 5 years. Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. ALL RIGHTS RESERVED. The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. Meridian Energy Limited's company bio, employee growth, exchange listings and data sources, Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. MEL. Investor Optimism Abounds Meridian Energy Limited (NZSE:MEL) But Growth Is Lacking. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. Experienced Management: MEL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team. The Company supplies electricity to power homes, businesses and farms. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. What is Meridian Energy current dividend yield, its reliability and sustainability? Who are the major shareholders and have insiders been buying or selling? High ROE: MEL's Return on Equity (3.5%) is considered low. ($USD1.34M) is about average for companies of similar size in the NZ market ($USD1.35M). Discover historical prices for MEL.NZ stock on Yahoo Finance. Quality Earnings: MEL has high quality earnings. How has Meridian Energy's share price performed over time and what events caused price changes? Invalid password: this word has been flagged as unsuitable for use as a secure password. MEL exceeded the NZ Market which returned 5.6% over the past year. Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. Significantly Below Fair Value: MEL is trading above our estimate of fair value. Mr. Barclay served as General Manager of Retail at Meridian Energy Limited since April 5, 2016 until July. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. 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%). Chief Executive of Meridian Energy Australia & Powershop Australia, General Manager of Corporate Affairs & Sustainability, Chief Executive Officer Of Flux Federation. The Returns At Meridian Energy (NZSE:MEL) Provide Us With Signs Of What's To Come. Click for restrictions. 337927). All rights reserved. NZ Market. FT is not responsible for any use of content by you outside its scope as stated in the. MEL's earnings have grown by 7.5% per year over the past 5 years. have bought more shares than they have sold in the past 3 months. Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. How experienced are the management team and are they aligned to shareholders interests? Stock analysis for Meridian Energy Ltd (MEL:NZX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. How has Meridian Energy performed over the past 5 years? Future ROE: MEL's Return on Equity is forecast to be low in 3 years time (4.7%). The company generates electricity through hydro power stations and wind farms located in New Zealand and Austr, Unless specified all financial data is based on a yearly period but updated quarterly. Growing Dividend: MEL's dividend payments have increased, but the company has only paid a dividend for 5 years. MEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average. PE vs Industry: MEL is poor value based on its PE Ratio (82.3x) compared to the XO Renewable Energy industry average (26.6x). Latest Meridian Energy Ltd (MEZ:ASX) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. How is Meridian Energy's financial position? Explore potentially undervalued companies in the Utilities industry. High Growth Earnings: MEL's earnings are forecast to grow, but not significantly. How is Meridian Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts? (2018). 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. Growing Profit Margin: MEL's current net profit margins (5.2%) are lower than last year (9.7%). Revenue vs Market: MEL's revenue is expected to decline over the next 3 years (-5.4% per year). All rights reserved. MEL's debt to equity ratio has increased from 22.7% to 33.2% over the past 5 years. MEL's earnings (4.9% per year) are forecast to grow slower than the NZ market (10.5% per year). Explore strong dividend paying companies in the Utilities industry. Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. MEL had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (-48.1%). 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.