Mercury NZ Ltd MGHTF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if MGHTF is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $4.10
- Day Range
- $4.09–4.10
- 52-Week Range
- $3.80–4.14
- Bid/Ask
- $4.10 / $4.16
- Market Cap
- $5.72 Bil
- Volume/Avg
- 2,089 / 4,919
Key Statistics
- Price/Earnings (Normalized)
- 45.87
- Price/Sales
- 3.09
- Dividend Yield (Trailing)
- 3.25%
- Dividend Yield (Forward)
- 3.25%
- Total Yield
- 3.25%
Company Profile
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Core
- Total Number of Employees
- 1,335
- Website
- https://www.mercury.co.nz
Competitors
Valuation
|
Metric
|
MGHTF
|
MEL
|
CEN
|
|---|---|---|---|
Price/Earnings (Normalized) | 45.87 | 54.67 | 24.47 |
Price/Book Value | 1.89 | 2.80 | 2.77 |
Price/Sales | 3.09 | 4.35 | 3.06 |
Price/Cash Flow | 18.20 | 30.10 | 13.92 |
Price/Earnings
MGHTF
MEL
CEN
Financial Strength
|
Metric
|
MGHTF
|
MEL
|
CEN
|
|---|---|---|---|
Quick Ratio | 0.53 | 0.67 | 0.61 |
Current Ratio | 0.92 | 0.94 | 0.86 |
Interest Coverage | 1.61 | 1.75 | 6.27 |
Quick Ratio
MGHTF
MEL
CEN
Profitability
|
Metric
|
MGHTF
|
MEL
|
CEN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.12% | 0.79% | 4.95% |
Return on Equity (Normalized) | 4.19% | 1.34% | 10.49% |
Return on Invested Capital (Normalized) | 4.24% | 1.00% | 5.26% |
Return on Assets
MGHTF
MEL
CEN
Utilities - Renewable Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Constellation Energy Corp
CEG
| — | Znmdnh | $67.7 Bil | |||
| GE Vernova Inc
GEV
| Cyrbrtdts | Bnk | $46.6 Bil | |||
| Verbund AG ADR
OEZVY
| — | Lwzx | $27.4 Bil | |||
| Verbund AG Class A
OEZVF
| — | Ccp | $27.4 Bil | |||
| Orsted A/S ADR
DNNGY
| — | Vgq | $23.3 Bil | |||
| Orsted A/S
DOGEF
| — | Mvhgy | $23.3 Bil | |||
| CEZ a.s
CZAVF
| — | Lvlscm | $22.2 Bil | |||
| China Longyuan Power Group Corp Ltd ADR
CLPXY
| — | Btd | $16.4 Bil | |||
| Brookfield Renewable Partners LP
BEP
| Mtdqdgvyp | Dvmsw | $7.2 Bil | |||
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)
BEPC
| Ctcfpngzny | Hfqzl | $5.4 Bil |