Meridian Energy Limited engages in the renewable electricity generation and retail business to residential, business, and industrial customers in New Zealand. The company generates electricity through 7 hydro power stations; 8 wind farms; and 100MW battery energy storage system, as well as solar array. It sells electricity under the Meridian and Powershop brands. It also offers EV charging solutions; and software development, professional, and insurance services, as well as act as a licence holder and non-trading entity. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Price analytics
Returns
1 day
-0.9%
1 week
2.1%
1 month
0.9%
3 months
-5.4%
6 months
-2.9%
1 year
-11.8%
3 years
-9.5%
Risk
Volatility (1y ann.)
31.9%
Beta vs ASX 200
0.26
Sharpe (1y)
-0.36
VaR 95% (1-day)
-3.1%
Max drawdown (1y)
-20.6%
Off 1-year high
-17.2%
Technicals
RSI(14)
54
vs 50DMA
-2.7%
vs 200DMA
-6.1%
Trend
Death cross
Fundamental trends
Financial statements
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Scoring breakdown
(2 Oct 2026)
Value37.7
Trailing P/E
0
Forward P/E
0
PEG ratio
88
EV / EBITDA
17
Price / Book
91
Price / Sales
76
Growth15.1
Revenue growth (1y)
0
Revenue CAGR (3y)
45
EPS growth (1y)
0
EPS CAGR (3y)
—
Financial Health65.1
Net debt / EBITDA
52
Interest coverage (EBIT/interest)
83
Current ratio
20
Debt / Equity
100
Quality (Profitability & Cash Flow)9.6
Return on equity
7
Return on assets
10
Operating margin
0
Net margin
22
Cash conversion (OCF / net income)
—
Dividend / Income35.1
Dividend yield (%)
68
Payout ratio
0
FCF dividend cover
38
Momentum31.8
6-month return vs ASX 200
40
Price vs 200-day average
30
Price vs 50-day average
37
Position in 52-week range
17
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