Meridian Energy Limited Share Price and Company Fundamentals
Last traded: Today at 4:59 AM
Meridian Energy Limited engages in the renewable electricity generation and retail business to residential, business, and industrial customers in New Zealand. The company generates electricity through 7 hydro power stations; 8 wind farms; and 100MW battery energy storage system, as well as solar array. It sells electricity under the Meridian and Powershop brands. It also offers EV charging solutions; and software development, professional, and insurance services, as well as act as a licence holder and non-trading entity. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Key Metrics
PE ratio
106.60
PB ratio
1.42
Dividend yield
4.22%
Beta
0.46
Market cap
$14.12B
Enterprise value
$16.14B
Company profile
| Industry / Sector | Utilities - Renewable / Utilities |
|---|---|
| Website | https://www.meridianenergy.co.nz |
| Mailing address | 98 Customhouse Quay Level 2 Wellington Central Wellington 6011 New Zealand |
| Phone / Fax | 64 4 381 1200 / |
Dividends
Dividend yield
4.22%
Dividend amount
$0.23
Payout ratio
433.67%
5Y Avg. yield
-%
Meridian Energy Limited paid $0.23 dividend and the ex-dividend date was 03 Sep 2026.The dividend payout ratio is 433.67%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MEL dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
Company Executives
As of Sep 2026, following are the company executives and directors listed on Meridian Energy Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Mike Roan | Chief Executive Officer | ||
| Ms. Mandy Binnie | Chief Financial Officer | ||
| Mr. Bharat Ratanpal | Chief Information Officer | ||
| Mr. Owen Hackston | Investor Relations Manager | ||
| Mr. Jason Woolley | General Counsel & Company Secretary | ||
| Mr. Philip Clark | Head of Communications | ||
| Mr. Jason Stein BCA, LLB | Chief People Officer | ||
| Ms. Claire Shaw | General Manager of Corporate Affairs & Sustainability | ||
| Ms. Lisa Hannifin | Chief Customer Officer | ||
| Humphrey Tapper | Chief Legal Adviser, Environment & Property |
Profitability and management effectiveness
Profit margin
3.35%
Operating margin
-6.03%
Return on assets
1.00%
Return on equity
1.38%
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 Meridian Energy Limited is 14.12B and its enterprise value is 16.14B. The enterprise value to revenue ratio of MEL is 4.16. The enterprise value to EBITDA ratio of MEL is 20.99.
The MEL's stocks Beta value is 0.46 making it 54% 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.
Meridian Energy Limited (NZX:MEL) Frequently Asked Questions
1. What is Meridian Energy Limited's Stock Symbol?
Meridian Energy Limited trades on NZX under the ticker symbol "MEL".
2. What is Meridian Energy Limited's stock price today?
One share of MEL stock can currently be purchased for approximately $5.33.
3. How can I contact Meridian Energy Limited?
Meridian Energy Limited's mailing address is 98 Customhouse Quay Level 2 Wellington Central Wellington 6011 New Zealand. The company can be reached via phone at 64 4 381 1200.
4. What is Meridian Energy Limited's official website?
The official website of Meridian Energy Limited is https://www.meridianenergy.co.nz.