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Meridian Energy Limited MEL.NZ

NZ · New Zealand Exchange · XNZE · stock · Utilities · website

Meridian Energy Limited statistics & valuation

Market capNZ$14.6B
P / S3.1×
P / B1.6×
Dividend yield2.64%
Net margin-9.4%
Return on equity-5.1%
Net debtNZ$1.4B
Enterprise value USD$9.5B
Earnings yield EBIT/EV4.4%
Return on capital5.1%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
12.20% 3.00% 8.90% -9.40% 2022202320242025
Gross margin (%)
100.00% 100.00% 100.00% 100.00% 2022202320242025
Operating margin (%)
10.90% 16.00% 8.20% 14.80% 2022202320242025
Return on equity (%)
8.20% 1.60% 5.20% -5.10% 2022202320242025
Shares outstanding
2.64B 2.64B 2.64B 2.64B 2022202320242025
Net debt (NZ$)
NZ$841.0M NZ$1.05B NZ$1.16B NZ$1.45B 2022202320242025
Share buybacks (NZ$)
2022202320242025
Return on assets (%)
4.80% 0.90% 3.20% -3.00% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
0.22× 0.21× 0.17× 0.18× 2022202320242025
EPS (NZ$)
NZ$0.17 NZ$0.04 NZ$0.17 -NZ$0.17 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin100.0%100.0%100.0%100.0%
Operating margin14.8%8.2%16.0%10.9%
Net margin-9.4%8.9%3.0%12.2%
Return on assets-3.0%3.2%0.9%4.8%
Return on equity-5.1%5.2%1.6%8.2%
Debt / equity0.13×0.13×0.17×0.18×
Current ratio0.661.051.041.48

Computed from company filings · NZ · as of 2025-06-30. Figures in NZD. Facts plus Stocktoria's own computed scores — not investment advice.