Meridian Energy Limited

Meridian Energy Limited

5.55
NZD
-0.08
(-1.51%)
0.05EPS
117.93P/E
15.41BMarket Cap
Mar 02Next Earn

Total Valuation

NZD

As of June 30, 2026, Meridian Energy Limited carries a market capitalization of 15.41B, placing it among publicly traded companies globally. Its enterprise value stands at 16.94B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap15.41B
Enterprise Value16.94B

Important Dates

Meridian Energy Limited's next confirmed earnings release is scheduled for March 2, 2027.

Earnings Date3/2/2027

Share Statistics

As of June 30, 2026, Meridian Energy Limited has 2.65B shares outstanding.

Shares Outstanding2.65B

Valuation Ratios

As of June 30, 2026, Meridian Energy Limited trades at a trailing price-to-earnings ratio of 117.93. The price-to-sales ratio is 3.98, and the price-to-book ratio stands at 1.55.

PE Ratio117.93
PS Ratio3.98
PB Ratio1.55
P/TBV Ratio1.57

Enterprise Valuation

As of June 30, 2026, Meridian Energy Limited trades at an EV/EBITDA multiple of 12.72 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.40 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 21.25 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 16.94B versus a market cap of 15.41B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.40
EV / EBITDA12.72
EV / EBIT21.25

Financial Position

As of June 30, 2026, Meridian Energy Limited maintains a current ratio of 1.15, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 20.44, indicating elevated leverage, while an interest coverage ratio of 14.02 demonstrates strong ability to service its debt obligations.

Current Ratio1.15
Quick Ratio0.93
Debt / Equity20.44
Debt / EBITDA1.53
Interest Coverage14.02

Financial Efficiency

NZD

Over the twelve months ended June 30, 2026, Meridian Energy Limited posted a return on equity (ROE) of 1.38, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.73 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.81, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 1.84, useful for judging operating efficiency across full business cycles. The company generates approximately 3.85M in revenue per employee across its workforce of 1,000.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)1.38
Return on Assets (ROA)0.81
Return on Invested Capital (ROIC)5.73
Return on Capital Employed (ROCE)1.84
Revenue Per Employee3.85M
Employee Count1,000.00

Taxes

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Over the twelve months ended June 30, 2026, Meridian Energy Limited recorded 30.00M in income tax expense. That works out to an effective tax rate of 18.75, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 160.00M, leaving 130.00M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax30.00M
Effective Tax Rate18.75

Stock Price Statistics

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As of the close on October 23, 2026, Meridian Energy Limited's stock has declined approximately 6.49% over the past 52 weeks. The 50-day moving average sits at 5.47, while the 200-day moving average is 5.63.

52-Week Price Change-6.49%
50-Day Moving Average5.47
200-Day Moving Average5.63

Income Statement

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Over the twelve months ended June 30, 2026, Meridian Energy Limited generated 3.85B in revenue and converted that into 130.00M in net income, yielding earnings per share of 0.05. EBITDA reached 1.33B, while operating income came in at 805.00M.

Revenue3.85B
Gross Profit3.85B
Operating Income805.00M
Pretax Income160.00M
Net Income130.00M
EBITDA1.33B
EBIT797.00M
Earnings Per Share (EPS)0.05

Balance Sheet

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As of June 30, 2026, Meridian Energy Limited holds 512.00M in cash and equivalents against 2.04B in total debt, resulting in a net debt position of 1.52B. Total book value stands at 9.96B, with working capital of 137.00M providing operational flexibility.

Cash & Cash Equivalents512.00M
Total Debt2.04B
Net Debt1.52B
Equity (Book Value)9.96B
Book Value Per Share3.76
Working Capital137.00M

Cash Flow

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These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-264.00M

Margins

These figures cover the twelve months ended June 30, 2026. The operating margin of 20.90 and net profit margin of 3.37 provide insight into operational efficiency.

Operating Margin20.90
Pretax Margin4.15
Profit Margin3.37
EBITDA Margin34.58

Dividends & Yields

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Over the twelve months ended June 30, 2026, Meridian Energy Limited paid dividends of 0.14 per share. The dividend payout ratio of 289.23 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield is negative at -0.18, meaning Meridian Energy Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.14
Payout Ratio289.23
Shareholder Yield-0.18

Stock Splits

Meridian Energy Limited's most recent stock split took place on April 30, 2015 with a 200:159 split ratio.

Last Split Date4/30/2015
Split Ratio200:159

Scores

As of June 30, 2026, Meridian Energy Limited has an Altman Z-Score of 1.43, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.43