Meridian Energy Ltd
NZX:MEL
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Meridian Energy Ltd
NZX:MEL
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NZ |
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Intrinsic Value
The intrinsic value of Meridian Energy Ltd (MEL) under the Base Case is 4.14 NZD per share.
Compared with the current market price of 5.63 NZD, the stock appears
Overvalued by 27% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Meridian Energy Does
Meridian Energy is a New Zealand electricity company that generates power and sells it to homes and businesses. It owns and runs hydro, wind, and solar assets, then uses that electricity to supply retail customers under the Meridian and Powershop brands. The company also sells electricity into the wholesale market, which helps balance supply and demand across the grid.
- Headquarters
- New Zealand NZ
- Employees
- 936
- IPO date
- Oct 29, 2013
Earnings Waterfall
Meridian Energy Ltd
The intrinsic value for Meridian Energy Ltd (MEL) under the Base Case is 4.14 NZD.
Compared with the current market price of 5.63 NZD, the stock appears Overvalued by 27% .