Meridian Energy Ltd

AU:MEZ Australia Utilities - Renewable
Market Cap
$7.24 Billion
AU$11.69 Billion AUD
Market Cap Rank
#3543 Global
#33 in Australia
Share Price
AU$4.43
Change (1 day)
-1.56%
52-Week Range
AU$4.43 - AU$5.53
All Time High
AU$7.58
Categories
Companies in Australia Utilities - Renewable
About

Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands.… Read more

Meridian Energy Ltd (MEZ) - Net Assets

Latest net assets as of December 2025: AU$8.89 Billion AUD

Based on the latest financial reports, Meridian Energy Ltd (MEZ) has net assets worth AU$8.89 Billion AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$15.14 Billion) and total liabilities (AU$6.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$8.89 Billion
% of Total Assets 58.75%
Annual Growth Rate 3.84%
5-Year Change 70.75%
10-Year Change 76.63%
Growth Volatility 10.45

Meridian Energy Ltd - Net Assets Trend (2010–2025)

This chart illustrates how Meridian Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Meridian Energy Ltd (2010–2025)

The table below shows the annual net assets of Meridian Energy Ltd from 2010 to 2025.

Year Net Assets Change
2025-06-30 AU$8.92 Billion +8.17%
2024-06-30 AU$8.25 Billion +37.73%
2023-06-30 AU$5.99 Billion +8.40%
2022-06-30 AU$5.52 Billion +5.72%
2021-06-30 AU$5.22 Billion +2.77%
2020-06-30 AU$5.08 Billion -6.85%
2019-06-30 AU$5.46 Billion +13.15%
2018-06-30 AU$4.82 Billion -5.10%
2017-06-30 AU$5.08 Billion +0.63%
2016-06-30 AU$5.05 Billion +6.36%
2015-06-30 AU$4.75 Billion +2.47%
2014-06-30 AU$4.63 Billion -1.16%
2013-06-30 AU$4.69 Billion -2.85%
2012-06-30 AU$4.83 Billion -2.14%
2011-06-30 AU$4.93 Billion -2.75%
2010-06-30 AU$5.07 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Meridian Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 240500200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$1.88 Billion 21.12%
Other Comprehensive Income AU$9.66 Billion 108.26%
Total Equity AU$8.92 Billion 100.00%

Meridian Energy Ltd Competitors by Market Cap

The table below lists competitors of Meridian Energy Ltd ranked by their market capitalization.

Company Market Cap
AL Sydbank A/S
CO:ALSYDB
 		$3.55 Billion
Cabot Corporation
NYSE:CBT
 		$3.56 Billion
Rongsheng Petrochemical Co Ltd
SHE:002493
 		$3.57 Billion
Dairy Farm International Holdings Limited
PINK:DFILF
 		$3.57 Billion
CIG ShangHai Co Ltd Class A
SHG:603083
 		$3.55 Billion
Munters Group AB (publ)
OTCGREY:MMNNF
 		$3.55 Billion
Patrick Industries Inc
NASDAQ:PATK
 		$3.55 Billion
Federated Hermes Inc
F:3KC
 		$3.55 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Meridian Energy Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 8,246,000,000 to 8,920,000,000, a change of 674,000,000 (8.2%).
  • Net loss of 452,000,000 reduced equity.
  • Dividend payments of 387,000,000 reduced retained earnings.
  • Share repurchases of 6,000,000 reduced equity.
  • Other comprehensive income increased equity by 1,509,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-452.00 Million -5.07%
Dividends Paid AU$387.00 Million -4.34%
Share Repurchases AU$6.00 Million -0.07%
Other Comprehensive Income AU$1.51 Billion +16.92%
Other Changes AU$10.00 Million +0.11%
Total Change AU$- 8.17%

Book Value vs Market Value Analysis

This analysis compares Meridian Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.29x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.40x to 1.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-06-30 AU$3.17 AU$4.43 x
2011-06-30 AU$3.08 AU$4.43 x
2012-06-30 AU$3.02 AU$4.43 x
2013-06-30 AU$2.93 AU$4.43 x
2014-06-30 AU$1.81 AU$4.43 x
2015-06-30 AU$1.85 AU$4.43 x
2016-06-30 AU$1.97 AU$4.43 x
2017-06-30 AU$1.98 AU$4.43 x
2018-06-30 AU$1.88 AU$4.43 x
2019-06-30 AU$2.13 AU$4.43 x
2020-06-30 AU$1.98 AU$4.43 x
2021-06-30 AU$2.04 AU$4.43 x
2022-06-30 AU$2.15 AU$4.43 x
2023-06-30 AU$2.32 AU$4.43 x
2024-06-30 AU$3.19 AU$4.43 x
2025-06-30 AU$3.43 AU$4.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meridian Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -5.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -9.43%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.68x
  • Recent ROE (-5.07%) is below the historical average (4.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 3.65% 9.06% 0.23x 1.72x AU$-322.16 Million
2011 6.16% 14.95% 0.24x 1.72x AU$-189.32 Million
2012 1.55% 2.93% 0.29x 1.80x AU$-407.65 Million
2013 6.29% 10.95% 0.35x 1.65x AU$-173.70 Million
2014 4.96% 9.16% 0.33x 1.64x AU$-233.57 Million
2015 5.20% 8.54% 0.38x 1.61x AU$-227.80 Million
2016 3.66% 7.81% 0.28x 1.69x AU$-320.00 Million
2017 3.88% 8.53% 0.27x 1.71x AU$-311.20 Million
2018 4.17% 7.32% 0.32x 1.79x AU$-281.30 Million
2019 6.21% 9.76% 0.36x 1.77x AU$-206.70 Million
2020 3.46% 5.19% 0.35x 1.89x AU$-332.30 Million
2021 8.19% 10.80% 0.40x 1.89x AU$-94.40 Million
2022 8.17% 11.94% 0.40x 1.70x AU$-101.30 Million
2023 1.59% 2.97% 0.32x 1.67x AU$-503.70 Million
2024 5.20% 8.83% 0.36x 1.64x AU$-395.60 Million
2025 -5.07% -9.43% 0.32x 1.68x AU$-1.34 Billion

Industry Comparison

This section compares Meridian Energy Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $345,206,033
  • Average return on equity (ROE) among peers: -1441.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Meridian Energy Ltd (MEZ) AU$8.89 Billion 3.65% 0.70x $3.55 Billion
Botala Energy Ltd (BTE) $16.52 Million -12173.22% 0.09x $2.55 Million
Contact Energy Ltd (CEN) $2.99 Billion 4.82% 0.47x $4.29 Billion
Delorean Corporation Ltd (DEL) $7.85 Million -83.44% 5.15x $5.95 Million
Frontier Energy Ltd (FHE) $225.36K -606.12% 0.67x $47.63 Million
Green Critical Minerals Ltd (GCM) $18.71 Million -14.80% 0.03x $15.91 Million
Janus Electric Holdings Ltd (JNS) $11.70 Million -56.37% 0.27x $384.47K
LGI Ltd (LGI) $52.80 Million 12.64% 0.68x $97.91 Million
Renu Energy Ltd (RNE) $2.70 Million -43.33% 0.27x $5.48K
Timah Resources Ltd (TML) $7.84 Million -9.34% 1.51x $262.36K