Meridian Energy (Meridian Energy) FCF Yield % : 1.13 (As of Jun. 07, 2024)

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What is Meridian Energy FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Meridian Energy's Trailing 12-Month Free Cash Flow is $121 Mil, and Market Cap is $10,096 Mil. Therefore, Meridian Energy's FCF Yield % for today is 1.13%.

The historical rank and industry rank for Meridian Energy's FCF Yield % or its related term are showing as below:

MDDNF' s FCF Yield % Range Over the Past 10 Years
Min: 1 Med: 4.16 Max: 6.43
Current: 1.13

During the past 13 years, the highest FCF Yield % of Meridian Energy was 6.43%. The lowest was 1.00%. And the median was 4.16%.

MDDNF's FCF Yield % is ranked better than
52.97% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.305 vs MDDNF: 1.13

Meridian Energy's FCF Margin % for the quarter that ended in Dec. 2023 was 6.52%.

Meridian Energy FCF Yield % Historical Data

The historical data trend for Meridian Energy's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meridian Energy FCF Yield % Chart

Meridian Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

FCF Yield %

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4.91

4.70

2.28

2.49

1.32

Meridian Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial															2.08	2.74	1.85	0.87	2.00

Competitive Comparison of Meridian Energy's FCF Yield %

For the Utilities - Renewable subindustry, Meridian Energy's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Meridian Energy's FCF Yield % falls into.

Meridian Energy FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Meridian Energy's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	110.43	/	8343.6391
	=	1.32%

Meridian Energy's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	85.252	*	2	/	8524.461
	=	2.00%

Meridian Energy FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Meridian Energy FCF Yield % Related Terms

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Meridian Energy (Meridian Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

MEL:New Zealand 15M1:Germany MEZ:Australia

Address

287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013

Website

https://www.meridianenergy.co.nz

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.