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Meridian Energy (Meridian Energy) 3-Year FCF Growth Rate : -30.80% (As of Dec. 2023)


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What is Meridian Energy 3-Year FCF Growth Rate?

Meridian Energy's Free Cash Flow per Share for the six months ended in Dec. 2023 was $0.03.

During the past 12 months, Meridian Energy's average Free Cash Flow per Share Growth Rate was -30.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -30.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -16.30% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Meridian Energy was 48.00% per year. The lowest was -30.80% per year. And the median was 1.45% per year.


Competitive Comparison of Meridian Energy's 3-Year FCF Growth Rate

For the Utilities - Renewable subindustry, Meridian Energy's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meridian Energy's 3-Year FCF Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Meridian Energy's 3-Year FCF Growth Rate falls into.



Meridian Energy 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Meridian Energy  (OTCPK:MDDNF) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Meridian Energy 3-Year FCF Growth Rate Related Terms

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Meridian Energy (Meridian Energy) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.