Mercury NZ Ltd MCY

Morningstar Rating
NZ$6.74 0.00 (0.00%)
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Company Report

Price vs Fair Value

MCY is trading at a LOCK|n!W^Q< premium.
Price
NZ$6.74
Fair Value
LOCK|@q
Uncertainty
LOCK|FyP?M
1-Star Price
LOCK|v@n
5-Star Price
LOCK|d^l
Economic Moat
LOCK|FyFKH
Capital Allocation
LOCK|P$T!@y%

Bulls Say, Bears Say

Bulls

Mercury is a low-cost provider of electricity attributed to its significant renewable assets.

Bears

A competitive retail environment weighs on pricing in the near term.

Trading Information

Previous Close Price
NZ$6.74
Day Range
NZ$6.67–6.75
52-Week Range
NZ$6.08–7.16
Bid/Ask
NZ$6.72 / NZ$6.74
Shares Outstanding
1.44B
Market Cap
NZ$9.60B
Volume/Avg
19,960 / 573,477

Key Statistics

Price/Earnings (Normalized)
24.62
Price/Sales
2.96
Dividend Yield (Trailing)
4.01%
Dividend Yield (Forward)
4.01%
Dividend Payment Schedule
Apr, Sep
Total Yield
4.01%

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

Competitors

Valuation

Metric
MCY
GNE
MEL
Price/Earnings (Normalized)
24.6217.5850.48
Price/Book Value
1.821.031.50
Price/Sales
2.960.973.85
Price/Cash Flow
12.536.0818.31
Price/Earnings
MCY
GNE
MEL

Financial Strength

Metric
MCY
GNE
MEL
Quick Ratio
0.580.460.93
Current Ratio
0.960.861.15
Interest Coverage
4.331.781.65
Quick Ratio
MCY
GNE
MEL

Profitability

Metric
MCY
GNE
MEL
Return on Assets (Normalized)
3.30%1.39%1.96%
Return on Equity (Normalized)
6.68%2.81%3.33%
Return on Invested Capital (Normalized)
4.30%1.86%2.76%
Return on Assets
MCY
GNE
MEL

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