Meridian Energy Ltd
NZX:MEL
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
5.32
6.06
|
| Price Target |
|
We'll email you a reminder when the closing price reaches NZD.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Relative Value
The Relative Value of one
MEL
stock under the Base Case scenario is
6.53
NZD.
Compared to the current market price of 5.7 NZD,
Meridian Energy Ltd
is
Undervalued by 13%.
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.
Multiples Across Competitors
MEL Competitors Multiples
Meridian Energy Ltd Competitors
| Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
|---|---|---|---|---|---|---|---|---|
| NZ |
|
Meridian Energy Ltd
NZX:MEL
|
14.9B NZD | 3.1 | -33 | 21.3 | 21.3 | |
| CN |
|
China Yangtze Power Co Ltd
SSE:600900
|
636.2B CNY | 7.6 | 19.5 | 19 | 19 | |
| ID |
B
|
Barito Renewables Energy PT Tbk
IDX:BREN
|
1 244.2T IDR | 120.9 | 519.7 | 0 | 0 | |
| CN |
|
Huaneng Lancang River Hydropower Inc
SSE:600025
|
163.8B CNY | 6.3 | 19.8 | 20.2 | 20.2 | |
| CN |
|
China Longyuan Power Group Corp Ltd
HKEX:916
|
154.3B HKD | 4.2 | 25.8 | 21 | 21 | |
| CN |
|
China Three Gorges Renewables Group Co Ltd
SSE:600905
|
118.9B CNY | 4.1 | 22.3 | 33.3 | 33.3 | |
| ES |
E
|
EDP Renovaveis SA
ELI:EDPR
|
13.4B EUR | 3.4 | -22.1 | 54.4 | 54.4 | |
| IN |
|
Adani Green Energy Ltd
NSE:ADANIGREEN
|
1.3T INR | 10.8 | 64.8 | 19.9 | 28.1 | |
| RO |
|
Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA
F:E28
|
11.5B EUR | 7 | 19.2 | 66.8 | 84.8 | |
| CN |
|
Sichuan Chuantou Energy Co Ltd
SSE:600674
|
68.4B CNY | 41.3 | 15.9 | 163.4 | 163.4 | |
| IN |
N
|
Ntpc Green Energy Ltd
NSE:NTPCGREEN
|
760.9B INR | 31.4 | 125.3 | 43.2 | 74.5 |
