Meridian Energy’s generation rose 19% in the first quarter of fiscal 2027 to a record level, as inflows were 54% above average. Average retail prices rose 1%, and customer numbers fell 0.9%.
Meridian is a low-cost provider of electricity with high-quality hydroelectric schemes.
Electricity prices have fallen back to long-term averages, limiting further earnings growth.
Metric | MEL | CEN | MCY |
|---|---|---|---|
Price/Earnings (Normalized) | 53.25 | 20.89 | 24.25 |
Price/Book Value | 1.58 | 1.77 | 1.80 |
Price/Sales | 4.06 | 2.75 | 2.92 |
Price/Cash Flow | 19.32 | 11.32 | 12.35 |
Metric | MEL | CEN | MCY |
|---|---|---|---|
Quick Ratio | 0.93 | 1.48 | 0.58 |
Current Ratio | 1.15 | 1.91 | 0.96 |
Interest Coverage | 1.65 | 3.64 | 4.33 |
Metric | MEL | CEN | MCY |
|---|---|---|---|
Return on Assets (Normalized) | 1.96% | 4.74% | 3.30% |
Return on Equity (Normalized) | 3.33% | 10.37% | 6.68% |
Return on Invested Capital (Normalized) | 2.76% | 5.89% | 4.30% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Orsted AS ADR DNNGY | — | LOCK|>pJ | $28B | |||
| Orsted AS DOGEF | — | LOCK|Yc# | $28B | |||
| Verbund AG ADR OEZVY | — | LOCK|@? | $28B | |||
| Fortum Oyj FOJCF | — | LOCK|RM^VG | $23B | |||
| Fortum Oyj ADR FOJCY | — | LOCK|zTz> | $23B | |||
| Axia Energia ADR AXIAY | — | LOCK|M< | $20B | |||
| Axia Energia Preferred C ADS AXICY | — | LOCK|D!$ | $20B | |||
| EDP Renewables SA ADR EDRVY | — | LOCK|<s# | $17B | |||
| EDP Renewables SA EDRVF | — | LOCK|l>m | $17B | |||
| China Longyuan Power Group Corp Ltd ADR CLPXY | — | LOCK|xf | $13B |
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