Meridian Energy Stock

Meridian Energy EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Meridian Energy (MEL.NZ) as of Aug 22, 2026 is 19.58. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 35.06 — a change of -44.15% (lower).

EV/EBIT

19.58

YoY

-44.15%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Meridian Energy is 2026 19.58 . EV/EBIT (Enterprise Value to EBIT) of Meridian Energy was 2025 35.06 . It decreases by -44.15% lower compared to the previous year.

The Meridian Energy EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
20.67 base
Jan 1, 2020
44.33 base
Jan 1, 2021
21.51 base
Jan 1, 2022
45.67 base
Jan 1, 2023
26.94 base
Jan 1, 2024
36.41 base
Jan 1, 2025
19.39 base
Jan 1, 2026 (e)
45.44 base
YEARPRICE-TO-EBIT
2026 est 45.44
2025 19.39
2024 36.41
2023 26.94
2022 45.67
2021 21.51
2020 44.33
2019 20.67
2018 23.27
2017 23.65
2016 16.70
2015 16.21
2014 16.27
2013 5.92
2012 -
2011 -
2010 -
2009 -
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Meridian Energy Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Meridian Energy's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Meridian Energy's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Meridian Energy's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Meridian Energy grows earnings faster than its peers.

Meridian Energy Stock analysis

What does Meridian Energy do? Meridian Energy Ltd is a New Zealand energy supply company that offers clean, renewable energy products and services. The company's history began in the 1990s when the New Zealand government decided to deregulate the energy market and promote competition. As one of the first companies, Meridian Energy Ltd was granted a license for power generation and supply. Since then, Meridian Energy Ltd has grown to become one of the largest energy suppliers in New Zealand and is now listed on the New Zealand stock exchange. The company operates several hydroelectric power plants and wind farms throughout New Zealand and provides clean energy to residential and business customers across the country. Meridian Energy Ltd's business model is based on the production and sale of clean energy from renewable resources. The company aims to generate the majority of its electricity from renewable sources such as hydro, wind, and solar power. This clean energy is then sold to customers nationwide who wish to reduce their dependence on fossil fuels. Meridian Energy Ltd is divided into several divisions to provide products and services for different customer segments and purposes. The "Electricity and Gas" division offers residential and business customers access to secure and reliable electricity and gas supply. "Meridian Solar" specializes in the development and sale of solar systems for households and small businesses. "Meridian Australia" provides clean energy products and services in Australia. Meridian Energy Ltd also offers a range of products and services tailored to the needs of different customer segments. For example, the company offers "Time of Use" tariffs that allow customers to use electricity at different rates during different times of the day. "Meridian EV" provides charging options for electric vehicles, which are becoming increasingly important. Overall, Meridian Energy Ltd has had a significant impact on the energy industry in New Zealand and Australia and has made a significant contribution to the development of renewable energy sources. The company aims to deliver clean energy to its customers with low environmental impact and affordable rates to create a sustainable future. Meridian Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Meridian Energy stock

EV/EBIT (Enterprise Value to EBIT) of Meridian Energy is 19.58 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Meridian Energy changed from 35.06 to 19.58, representing a -44.15% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Meridian Energy since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Meridian Energy with sector peers and the industry average to assess whether it is attractive.

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Valuation — Meridian Energy

All Key Metrics — Meridian Energy