- Meridian Energy reported a net loss of NZ$452 million for this fiscal year, a significant decline from last year’s profit of NZ$429 million.
- Earnings before interest, tax, depreciation, amortisation (EBITDAF) were NZ$611 million, marking a 32% decrease year-on-year.
- The estimated EBITDAF was slightly higher at NZ$622.2 million.
- A final dividend of 14.85 NZ cents per share was declared, unchanged from the previous year.
- Underlying profit plummeted by 84% to NZ$56 million from the previous year, missing the estimated NZ$136.2 million.
- For the year 2026, the company forecasts capital expenditure of NZ$350 million.
- Analyst recommendations include two buys, four holds, and zero sells.
A look at Meridian Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Meridian Energy Ltd., a state-owned electricity generator, received moderate scores across the board according to Smartkarma’s Smart Scores. With a Value score of 3, the company is deemed to be fairly valued, while its Dividend score also sits at 3, indicating a stable dividend outlook. However, the Growth score of 2 suggests there may be limited growth potential in the future. In terms of Resilience and Momentum, Meridian Energy scored a solid 3, showcasing its ability to weather market challenges and maintain steady performance.
Overall, Meridian Energy appears to be a reliable player in the electricity generation sector, with a balanced performance outlook based on the Smart Scores. The company’s focus on hydro-electric power generation and its provision of electricity to a diverse customer base in New Zealand underpin its stable position. While growth prospects may be more modest, its resilience and consistent momentum bode well for its long-term sustainability in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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