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    flag
    ASX200
    -0.21%
    MEZ.AX logo
    Meridian Energy Limited
    MEZ.AXflag
    Latest News

    Meridian Energy Limited reported a net loss after tax of $121 million for the six months ending December 31, 2024.

    Last generated Apr 1, 2025

    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. As of June 30, 2022, 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 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.

    Market Cap.$14.15B
    SectorUtilities
    IndustryRenewable Utilities
    PE Ratio125.61
    Profit Margin2.35%
    Beta0.64
    Dividend Yield3.71%
    Consensus RatingN/A
    Dividends
    Dividend Amount (TTM)0.21
    Dividend Yield (TTM)3.71%
    Payout Ratio3.63%
    Valuation
    Price to Earnings (PE) Ratio125.61
    Price to Sales (PS) Ratio 2.97
    Price to Book (PB) Ratio 1.87
    Price to Free Cash Flow (PFCF) Ratio 86.07
    Price to Earnings Growth (PEG) Ratio -1.71
    Profitability
    Profit Margin2.35%
    Gross Margin14.72%
    Return on Equity1.45%
    Return on Assets0.90%
    Finances
    Debt to Equity Ratio0.22
    Current Ratio0.69
    Cash Ratio0.13
    Growth
    Earnings Per Share Growth (5Y)148.90%
    Revenue Growth (5Y)42.59%