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Meridian Energy Limited MEL.NZ · NZE

$5.60 +0.90% (+$0.05)

Summary

64 / 100 · Bulios Score

What speaks for it

  • Earnings per share grew by 10% a year over the last 3 years.
  • Out of every 100 NZD of revenue, 15 NZD is left as free cash.

What to watch

  • It pays out more in dividends than it earns: 381% of profit.
  • The share price is above the Bulios Fair Price.
  • Out of every 100 NZD of revenue, only 3.4 NZD is left as net profit.

Bulios Scoring describes a company's quality and track record, not its future return. A high score is not a buy signal. Learn more

Score in detail

Price

Is it expensive?

Looks expensive
Bulios Fair Price
Current price $5.6
P/E today 114.5 37% higher
5-year average P/E 83.7
P/E today 114.5
Renewable Utilities industry median

Bulios Fair Price is an estimate of a stock's fair value from the Bulios valuation model. It is an input for your own analysis, not investment advice. How does it work?

Today you pay 114.5 NZD for 1 NZD of yearly profit. Over the last five years it was 83.7 NZD on average.

Valuation in detail

Is it growing?

Yes, fast

Revenue (NZD)

Diluted EPS (NZD)

  • Analyst estimate

Revenue fell by 0.6% a year over 5 years. Over the last 3 years it grew by 6.3% a year. Earnings per share grew by 10% a year over the last 3 years.

Growth in detail

Does it make money?

Very well

Where 100 NZD of revenue goes

Net profit, industry median (Renewable Utilities) 10 NZD

Out of every 100 NZD of revenue, 3.4 NZD is left as net profit.

Profitability in detail

Is it financially healthy?

Mostly

Repaying all its debt would take 3.6 years of free cash flow. Its debt is larger than its cash.

Financial health in detail

Does it pay a dividend?

Small, at risk
Yield
3.33%
Paid out of profit
381%

The payout is more than the company can comfortably cover.

Dividends in detail

What do analysts expect?

No coverage

No analyst covers this stock.

Analysts in detail

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