Valuation Meridian Energy Limited

Stocks

End-of-day quote New Zealand S.E. Other stock markets 21/07/2026			5-day change	1st Jan Change
5.630 ^NZD	+0.18%		+0.90%	+0.54%

07:29am	Awareness of Power Support Services Grows in New Zealand, Electricity Authority Says	MT
17/07	New Zealand Shares Rise; Meridian Energy Gets Corporate Credit Rating Affirmation From S&P Global	MT

Data adjusted to current consolidation scope

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	13,656	12,063	14,466	16,282	15,431	14,912	-	-
Change	-	-11.67%	19.92%	12.56%	-5.23%	-3.37%	-	-
Enterprise Value (EV) ¹	15,281	12,910	15,698	17,556	16,936	16,374	16,372	16,456
Change	-	-15.52%	21.59%	11.84%	-3.53%	-3.32%	-0.01%	0.51%
P/E	31.9x	18.1x	151x	37.9x	-33.9x	48.9x	38.5x	34x
PBR	2.61x	2.18x	2.42x	1.97x	1.72x	1.62x	1.61x	1.59x
PEG	-	0.3x	-1.8x	0x	0x	-0x	1.4x	2.6x
Capitalization / Revenue	3.18x	3.26x	4.49x	3.35x	3.19x	3.51x	3.15x	3.11x
EV / Revenue	3.56x	3.49x	4.87x	3.62x	3.5x	3.85x	3.46x	3.43x
EV / EBITDA	21x	18.2x	20x	19.4x	27.7x	15.7x	14.6x	13.6x
EV / EBIT	35.9x	31x	32.1x	30.7x	103x	28.9x	24.9x	22.6x
EV / FCF	43x	44.7x	87.2x	52.9x	-	22.7x	21.2x	19x
FCF Yield	2.32%	2.24%	1.15%	1.89%	-	4.4%	4.72%	5.27%
Dividend per Share ²	0.169	0.174	0.179	0.21	0.21	0.2212	0.2355	0.2519
Rate of return	3.17%	3.72%	3.2%	3.34%	3.56%	3.93%	4.18%	4.47%
EPS ²	0.167	0.258	0.037	0.166	-0.174	0.1151	0.1463	0.1656
Distribution rate	101%	67.4%	484%	127%	-121%	192%	161%	152%
Net sales ¹	4,296	3,703	3,222	4,856	4,835	4,248	4,737	4,800
EBITDA ¹	729	709	783	905	611	1,043	1,124	1,214
EBIT ¹	426	416	489	571	164	565.7	657.6	729
Net income ¹	428	664	95	429	-452	304.4	381.8	436.5
Net Debt ¹	1,625	847	1,232	1,274	1,505	1,462	1,460	1,544
Reference price ²	5.330	4.680	5.600	6.290	5.900	5.630	5.630	5.630
Nbr of stocks (in thousands)	25,62,114	25,77,566	25,83,169	25,88,594	26,15,473	26,48,597	-	-
Announcement Date	24/08/21	23/08/22	28/08/23	27/08/24	26/08/25	-	-	-

¹NZD in Million²NZD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MERIDIAN ENERGY LIMITED	48.91x	3.85x	15.7x	3.93%	869.73Cr
CHINA YANGTZE POWER CO., LTD.	19.22x	10.98x	14.13x	3.68%	10TCr
AXIA ENERGIA SA	11.28x	4.17x	6.27x	8.97%	2.81TCr
BROOKFIELD RENEWABLE PARTNERS L.P.	-20.83x	8.19x	17.83x	4.88%	2.2TCr
GUANGXI GUIGUAN ELECTRIC POWERCO.,LTD.	27.44x	-	-	2.55%	1.31TCr
SICHUAN CHUANTOU ENERGY CO.LTD	16.01x	54.21x	15.99x	2.92%	1.16TCr
NHPC LIMITED	22.7x	9.82x	18.32x	2.22%	837.65Cr
CHINA SOUTHERN POWER GRID ENERGY STORAGE CO., LTD.	21.1x	-	-	1.45%	587.63Cr
CHONGQING THREE GORGES WATER CONSERVANCY AND ELECTRIC POWER CO., LTD.	22.68x	-	-	-	177.54Cr
Average	18.72x	15.20x	14.71x	3.82%	2.26TCr
Weighted average by Cap.	15.64x	11.95x	13.75x	4.32%