Mercury NZ Limited Share Price and Company Fundamentals
Last traded: Today at 10:15 PM
Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; five wind plants; and five geothermal generation stations in the central North Island. The company sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Trustpower, and Mercury brands. It also provides piped natural gas; and telecommunication and other products and services. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. Mercury NZ Limited was incorporated in 1998 and is based in Auckland, New Zealand.
Key Metrics
PE ratio
30.68
PB ratio
1.75
Dividend yield
3.46%
Beta
0.40
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Renewable / Utilities |
|---|---|
| Full time employees | 1335 |
| Website | https://www.mercury.co.nz |
| Mailing address | 33 Broadway Newmarket Auckland 1023 New Zealand |
| Phone / Fax | 64 27 517 3470 / |
Dividends
Dividend yield
3.46%
Dividend amount
$0.21
Payout ratio
100.91%
5Y Avg. yield
3.34%
Mercury NZ Limited paid $0.21 dividend and the ex-dividend date was 15 Mar 2023.The dividend payout ratio is 100.91%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MCY dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
MCY's forward dividend amount is $0.17 and the forward dividend yield is 2.91%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on Mercury NZ Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Vincent John James Hawksworth C.ENG, MBA, MIMinE | Chief Exec. Officer | 63 | 2.07M |
| Mr. William Meek BCom (Hons) | Chief Financial Officer | ||
| Mr. Tim Thompson | Head of Treasury & Investor Relations | ||
| Mr. Howard Thomas | Company Sec. & Gen. Counsel | ||
| Ms. Shannon Goldstone | Head of Communications | ||
| Ms. Julia Evelyn Jack | Chief Marketing Officer | ||
| Ms. Marlene Strawson BSocSc, MMgt (HR) | Gen. Mang. of People & Performance | ||
| Ms. Lucy Drummond | Gen. Mang. of Sustainability |
Profitability and management effectiveness
Profit margin
10.40%
Operating margin
18.13%
Return on assets
3.27%
Return on equity
5.78%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Mercury NZ Limited is and its enterprise value is .
The MCY's stocks Beta value is 0.40 making it 60% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Mercury NZ Limited (NZX:MCY) Frequently Asked Questions
1. What is Mercury NZ Limited's Stock Symbol?
Mercury NZ Limited trades on NZX under the ticker symbol "MCY".
2. What is Mercury NZ Limited's stock price today?
One share of MCY stock can currently be purchased for approximately $6.065.
3. How can I contact Mercury NZ Limited?
Mercury NZ Limited's mailing address is 33 Broadway Newmarket Auckland 1023 New Zealand. The company can be reached via phone at 64 27 517 3470.
4. What is Mercury NZ Limited's official website?
The official website of Mercury NZ Limited is https://www.mercury.co.nz.