Meridian Energy Ltd
NZX:MEL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (28.4), the stock would be worth NZ$5.83 (4% upside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 27.2 | NZ$5.59 |
0%
|
| 3-Year Average | 28.4 | NZ$5.83 |
+4%
|
| 5-Year Average | 28.8 | NZ$5.92 |
+6%
|
| Industry Average | 22.9 | NZ$4.71 |
-16%
|
| Country Average | 16.5 | NZ$3.39 |
-39%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
|
Meridian Energy Ltd
NZX:MEL
|
14.8B NZD | 27.2 | -141.8 | |
| CN |
|
China Yangtze Power Co Ltd
SSE:600900
|
663.8B CNY | 15.8 | 20.2 | |
| ID |
B
|
Barito Renewables Energy PT Tbk
IDX:BREN
|
725.8T IDR | 190.9 | 302.7 | |
| CN |
|
Huaneng Lancang River Hydropower Inc
SSE:600025
|
177.1B CNY | 15.3 | 21.4 | |
| IN |
|
Adani Green Energy Ltd
NSE:ADANIGREEN
|
1.9T INR | 32.3 | 132.5 | |
| CN |
|
China Longyuan Power Group Corp Ltd
HKEX:916
|
137.4B HKD | 11.5 | 25.8 | |
| CN |
|
China Three Gorges Renewables Group Co Ltd
SSE:600905
|
117.8B CNY | 15.1 | 22.1 | |
| ES |
E
|
EDP Renovaveis SA
ELI:EDPR
|
14.1B EUR | -173.1 | 65.7 | |
| RO |
|
Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA
F:E28
|
13.1B EUR | 13.9 | 22.1 | |
| CN |
|
Sichuan Chuantou Energy Co Ltd
SSE:600674
|
73.9B CNY | 109.5 | 15.6 | |
| BM |
|
Brookfield Renewable Partners LP
TSX:BEP.UN
|
14.5B CAD | 32.9 | -137.4 |
Market Distribution
| Min | 2.1 |
| 30th Percentile | 12.5 |
| Median | 16.5 |
| 70th Percentile | 30.9 |
| Max | 355.3 |
Other Multiples
Meridian Energy Ltd
Glance View
Meridian Energy Ltd, born from the windswept landscapes and roaring rivers of New Zealand, stands as a testament to the power of renewable energy. Rooted in the country's abundant natural resources, it operates principally through its hydroelectric and wind power stations. The strategic placement of these facilities allows Meridian to harness water flows and wind currents, transforming them into clean, reliable energy. The company's core operations are orchestrated around its significant hydro assets along the Waitaki River and its growing portfolio of wind farms, ensuring a continuous power supply to meet New Zealand's energy demand. This setup not only embodies environmental stewardship but also capitalizes on the nation's unique geographic advantages. In the marketplace, Meridian Energy crafts a profitable equation by selling this sustainably generated electricity to residential, commercial, and industrial customers. Its business model thrives on the vertical integration of energy generation, from production to retail distribution. This cycle of clean energy provisioning ensures a stable revenue stream, particularly as global trends pivot towards sustainable energy solutions. Further enriched by government incentives and an increasing consumer preference for green power, Meridian's operations are not just a nod to ecological responsibility but a robust engine driving financial performance. By uniting environmental consciousness with shrewd business tactics, Meridian Energy illuminates both homes and the path towards a sustainable future.