Mercury NZ Ltd
ASX:MCY

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Mercury NZ Ltd
ASX:MCY
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Price: 5.51 AUD 0.18% Market Closed
Market Cap: AU$7.7B

Relative Value

The Relative Value of one MCY stock under the Base Case scenario is 8 AUD. Compared to the current market price of 5.51 AUD, Mercury NZ Ltd is Undervalued by 31%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MCY Relative Value
Base Case
8 AUD
Undervaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

MCY Competitors Multiples
Mercury NZ Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Mercury NZ Ltd
ASX:MCY
8.9B AUD 2.6 8 969.1 46.2 46.2
US
Nextera Energy Inc
NYSE:NEE
183.4B USD 7 28.2 19 36.5
ES
Iberdrola SA
MAD:IBE
120.8B EUR 2.6 22 9.7 17.9
IT
Enel SpA
MIL:ENEL
93.5B EUR 0.8 9.3 5.5 7.6
US
Southern Co
NYSE:SO
97.9B USD 3.4 22 12.1 21.5
US
Duke Energy Corp
NYSE:DUK
93.4B USD 3 18.9 11 20.4
US
Constellation Energy Corp
NASDAQ:CEG
90.3B USD 3.6 33 19.6 27.5
US
American Electric Power Company Inc
NASDAQ:AEP
63.7B USD 3 17.4 12.3 20.4
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
45.2B USD 1.9 16 10.5 18
US
Xcel Energy Inc
NASDAQ:XEL
45.1B USD 3.2 23.5 13.9 29.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Mercury NZ Ltd
ASX:MCY
Average EV/EBITDA: 16
46.2
39%
1.2
US
Nextera Energy Inc
NYSE:NEE
19
18%
1.1
ES
Iberdrola SA
MAD:IBE
9.7
-2%
N/A
IT
Enel SpA
MIL:ENEL
5.5
7%
0.8
US
Southern Co
NYSE:SO
12.1
8%
1.5
US
Duke Energy Corp
NYSE:DUK
11
8%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
19.6
7%
2.8
US
American Electric Power Company Inc
NASDAQ:AEP
12.3
12%
1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
10.5
9%
1.2
US
Xcel Energy Inc
NASDAQ:XEL
13.9
15%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
Mercury NZ Ltd
ASX:MCY
Average EV/EBIT: 24.6
46.2
15%
3.1
US
Nextera Energy Inc
NYSE:NEE
36.5
21%
1.7
ES
Iberdrola SA
MAD:IBE
17.9
0%
N/A
IT
Enel SpA
MIL:ENEL
7.6
7%
1.1
US
Southern Co
NYSE:SO
21.5
11%
2
US
Duke Energy Corp
NYSE:DUK
20.4
9%
2.3
US
Constellation Energy Corp
NASDAQ:CEG
27.5
13%
2.1
US
American Electric Power Company Inc
NASDAQ:AEP
20.4
14%
1.5
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
18
10%
1.8
US
Xcel Energy Inc
NASDAQ:XEL
29.8
22%
1.4