Meridian Energy Limited

NZSE MEL.NZ

Meridian Energy Limited Free Cash Flow Yield on January 14, 2025: 2.46%

Meridian Energy Limited Free Cash Flow Yield is 2.46% on January 14, 2025, a 101.39% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • Meridian Energy Limited 52-week high Free Cash Flow Yield is 2.55% on December 19, 2024, which is 3.53% above the current Free Cash Flow Yield.
  • Meridian Energy Limited 52-week low Free Cash Flow Yield is 1.02% on May 31, 2024, which is -58.46% below the current Free Cash Flow Yield.
  • Meridian Energy Limited average Free Cash Flow Yield for the last 52 weeks is 1.79%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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NZSE: MEL.NZ

Meridian Energy Limited

CEO Mr. Neal Barclay BCA, CA (NZICA)
IPO Date Oct. 28, 2013
Location New Zealand
Headquarters 55 Lady Elizabeth Lane
Employees 936
Sector Utilities
Industries
Description

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited Operates as subsidiary of New Zealand Government

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StockViz Staff

January 15, 2025

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