Valuation: Meridian Energy Limited

Market Cap 14.67B 8.58B 7.5B 6.93B 6.36B 12.04B 826B 12.25B 82.68B 32.48B 404B 32.21B 31.5B 1,393B P/E 2026 *
48.1x
P/E 2027 * 37.9x
Enterprise Value 16.14B 9.43B 8.24B 7.62B 7B 13.24B 909B 13.47B 90.92B 35.72B 444B 35.42B 34.64B 1,532B EV / Sales 2026 *
3.8x
EV / Sales 2027 * 3.41x
Free-Float
47.81%
Yield 2026 *
3.99%
Yield 2027 * 4.25%
1 day-1.07%
1 week-2.29%
Current month-4.81%
1 month-7.36%
3 months-2.98%
6 months-0.89%
Current year-1.07%
1 week 5.46
Extreme 5.46
5.68
1 month 5.46
Extreme 5.46
6.03
Current year 5.3
Extreme 5.295
6.03
1 year 5.3
Extreme 5.295
6.05
3 years 4.76
Extreme 4.755
6.89
5 years 4.32
Extreme 4.32
6.89
10 years 2.44
Extreme 2.44
9.94
Manager TitleAgeSince
Chief Executive Officer - 29/07/2025
Director of Finance/CFO - 31/08/2025
Chief Tech/Sci/R&D Officer - 30/03/2022
Director TitleAgeSince
Chairman - 30/09/2019
Director/Board Member - 25/09/2019
Director/Board Member - 31/12/2019
Date Insider Type Main position Quantity % Market Cap.
29/06/26 Buy

Executive/Senior Manager

44 0.0000%
29/06/26 Buy

Executive/Senior Manager

73 0.0000%
29/06/26 Buy

Chief Executive Officer

67 0.0000%
Change 5-day change 1-year change 3-year change Capi.($)
-1.07%-2.29%-3.99%-0.18% 8.58B
-1.53%+1.69%-6.92%+25.68% 102B
-1.37%-3.68%+26.99%+30.52% 27.59B
-2.30%-4.18%+22.26%+13.16% 21.73B
-3.50%+1.58%+47.78%+75.14% 11.23B
-0.96%+5.38%-4.57%+5.81% 11.13B
+0.37%-0.78%-9.84%+71.99% 8.23B
-2.07%+1.28%+20.69%+4.41% 5.59B
+0.75%-.--%-.--%-.--% 4.4B
-0.81%+7.89%-9.96%-32.04% 1.72B
Average -1.25%+0.32%+8.25%+19.45% 20.22B
Weighted average by Cap. -1.53%-0.40%+4.90%+25.80%

Financials

2026 *2027 *
Net sales 4.25B 2.48B 2.17B 2.01B 1.84B 3.49B 239B 3.55B 23.94B 9.4B 117B 9.32B 9.12B 403B 4.74B 2.77B 2.42B 2.24B 2.05B 3.89B 267B 3.96B 26.7B 10.49B 130B 10.4B 10.17B 450B
Net income 304M 178M 156M 144M 132M 250M 17.14B 254M 1.72B 674M 8.37B 668M 653M 28.9B 382M 223M 195M 180M 166M 313M 21.51B 319M 2.15B 845M 10.5B 838M 820M 36.26B
Net Debt 1.46B 855M 747M 691M 634M 1.2B 82.36B 1.22B 8.24B 3.24B 40.22B 3.21B 3.14B 139B 1.46B 853M 746M 690M 633M 1.2B 82.23B 1.22B 8.23B 3.23B 40.16B 3.2B 3.13B 139B
Logo Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company. The Company is engaged in the generation, trading and retailing of electricity and the sale of complementary products and services. Its segments include Wholesale, Retail, and Other and Unallocated. The Wholesale segment includes activity of generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The Retail segment includes activity of retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The electricity is sold to residential, business and industrial customers. The Other and unallocated segment include licensing of the developed electricity and gas retailing platform. It owns and operates approximately seven hydro stations in New Zealand and six wind farms. The Company’s subsidiaries are Flux Federation Limited, Flux-UK Limited, Meridian Limited, and others.
Employees
1,043
Date Price Change Volume
16/07/26 NZ$5.540 -1.07% 1,095,888
15/07/26 NZ$5.600 +0.36% 1,056,853
14/07/26 NZ$5.580 -1.59% 705,006
13/07/26 NZ$5.670 0.00% 1,529,737
09/07/26 NZ$5.670 0.00% 1,211,838
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
5.540NZD
Average target price
6.398NZD
Spread / Average Target
+15.49%

Annual profits - Rate of surprise