Meridian Energy Limited (MDDNF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Meridian Energy Limited (MDDNF) trades at $3.37 with AI Score 44/100 (Grade C). Meridian Energy Limited is a renewable energy company based in New Zealand, generating electricity through hydro, wind, and solar resources. Market cap: $8.90B, Sector: Utilities.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for MDDNF: MDDNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MDDNF against Utilities peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
MDDNF: the 1 perspectives are evenly split.
How is this calculated? →Meridian Energy Limited (MDDNF) Utility Operations & Dividend Profile
Meridian Energy Limited, a New Zealand-based renewable energy company, generates and retails electricity through hydro, wind, and solar power. With operations spanning New Zealand, Australia, and the UK, Meridian focuses on sustainable energy solutions, holding a significant position in the renewable energy market.
What Is the Investment Thesis for MDDNF?
Meridian Energy presents a mixed investment thesis. The company's focus on renewable energy aligns with global trends toward sustainability, potentially driving long-term growth. The dividend yield of 4.41% offers an attractive income stream for investors. However, the negative P/E ratio of -138.29 and a negative profit margin of -2.3% raise concerns about current profitability. The company's beta of 0.48 suggests lower volatility compared to the market. Growth catalysts include expansion of renewable energy projects and increasing demand for sustainable energy solutions. Investors should carefully weigh the growth potential against the current financial challenges.
Based on FMP financials and quantitative analysis
MDDNF Key Highlights
- Meridian Energy operates 7 hydro stations with a total capacity of 2,353 MW, demonstrating a strong foundation in renewable energy generation.
- The company has a dividend yield of 4.41%, providing a steady income stream for investors.
- Meridian Energy's beta of 0.48 indicates lower volatility compared to the overall market.
- The company's gross margin is 25.1%.
- Meridian Energy has a market capitalization of $8.90B, reflecting its significant presence in the renewable energy sector.
Who Are MDDNF's Competitors?
MDDNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CHUEF Chubu Electric Power Company, Incorporated | $17.45 | +0.00% | $13.18B | 49 |
| CLPXY China Longyuan Power Group Corporation Limited | $6.87 | +15.66% | $5.74B | 47 |
| CPYYF Centrica plc | $2.65 | +14.72% | $12.00B | 48 |
| CPYYY Centrica plc | $9.23 | -0.54% | $10.45B | 48 |
| CRPJF China Resources Power Holdings Company Limited | $2.44 | +0.00% | $12.63B | 50 |
| SVMRF Magnora ASA | $2.25 | +0.00% | $162.57M | 70 |
| ENLT Enlight Renewable Energy Ltd | $89.56 | +6.29% | $12.52B | 67 |
| ATRWF Altius Renewable Royalties Corp. | $8.50 | +0.00% | $262.46M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MDDNF's Key Strengths?
- Strong focus on renewable energy sources.
- Established infrastructure and generation capacity.
- Integrated business model.
- Recognized brand in key markets.
What Are MDDNF's Weaknesses?
- Negative profit margin.
- Reliance on weather conditions for hydro and wind power generation.
- Exposure to regulatory changes in multiple jurisdictions.
- Limited geographic diversification.
What Could Drive MDDNF Stock Higher?
- Increasing global demand for renewable energy solutions.
- Government incentives and policies supporting renewable energy development.
- Potential expansion into new geographic markets.
- Development of new renewable energy projects.
- Technological advancements in renewable energy efficiency.
What Are the Key Risks for MDDNF?
- Negative return on equity (-1.2%) — the business is not currently generating profit on shareholder capital.
- Fluctuations in electricity prices impacting revenue.
- Adverse weather conditions affecting hydro and wind power generation.
- Regulatory changes impacting renewable energy incentives.
- Competition from other renewable energy providers.
- Negative profit margin and P/E ratio raising concerns about profitability.
What Are the Growth Opportunities for MDDNF?
- Expansion of Renewable Energy Projects: Meridian Energy can expand its renewable energy portfolio by developing new hydro, wind, and solar projects. The global renewable energy market is projected to reach $2.15 trillion by 2030, offering significant growth opportunities. This expansion can increase Meridian's electricity generation capacity and market share, driving revenue growth. The timeline for these projects can vary, but strategic investments in new projects can yield long-term benefits.
- Increased Demand for Sustainable Energy Solutions: The growing awareness of climate change and the increasing demand for sustainable energy solutions present a significant growth opportunity for Meridian Energy. As businesses and consumers seek to reduce their carbon footprint, the demand for renewable energy will continue to rise. Meridian Energy can capitalize on this trend by offering competitive renewable energy solutions and expanding its customer base. This trend is ongoing and expected to accelerate in the coming years.
- Technological Advancements in Renewable Energy: Advancements in renewable energy technologies, such as more efficient solar panels and wind turbines, can improve Meridian Energy's electricity generation capacity and reduce costs. Investing in these technologies can enhance the company's competitiveness and profitability. The timeline for these advancements is continuous, with ongoing research and development in the renewable energy sector.
- Geographic Expansion: Meridian Energy can expand its operations into new geographic markets, particularly in regions with high demand for renewable energy. This expansion can diversify the company's revenue streams and reduce its reliance on specific markets. The timeline for geographic expansion will depend on market conditions and regulatory approvals, but strategic expansion can drive long-term growth.
- Partnerships and Acquisitions: Meridian Energy can pursue partnerships and acquisitions to expand its capabilities and market reach. Collaborating with other companies in the renewable energy sector can provide access to new technologies, markets, and expertise. Strategic acquisitions can also increase the company's market share and strengthen its competitive position. The timeline for these partnerships and acquisitions will depend on specific opportunities and strategic considerations.
What Opportunities Does MDDNF Have?
- Expansion into new geographic markets.
- Increased demand for renewable energy.
- Technological advancements in renewable energy.
- Partnerships and acquisitions to expand capabilities.
What Threats Does MDDNF Face?
- Competition from other renewable energy providers.
- Fluctuations in electricity prices.
- Adverse weather conditions impacting generation.
- Regulatory changes impacting renewable energy incentives.
What Are MDDNF's Competitive Advantages?
- Established renewable energy infrastructure, including hydro stations and wind farms.
- Strong brand recognition in New Zealand and Australia.
- Integrated business model encompassing generation, trading, and retailing.
- Access to renewable energy resources, providing a sustainable competitive advantage.
What Does MDDNF Do?
Meridian Energy Limited, established in 1998 and formerly known as Hydro Energy Limited until March 1999, is a leading renewable energy company headquartered in Wellington, New Zealand. The company is engaged in the generation, trading, and retailing of electricity to residential, business, and industrial customers across New Zealand, Australia, and the United Kingdom. Meridian Energy operates a diverse portfolio of renewable energy assets, including seven hydro stations with a total capacity of 2,353 MW, five wind farms with a capacity of 416 MW, and solar farms. In addition to electricity generation, Meridian Energy provides a range of services, including management, insurance, financing, professional, trustee, and software development. The company also licenses its Flux-developed electricity and gas retailing platform and offers solar installation services. Meridian Energy sells electricity under the Meridian Energy and Powershop brands, solidifying its presence in the retail electricity market. The company's commitment to renewable energy positions it as a key player in the transition to a sustainable energy future.
What Products and Services Does MDDNF Offer?
- Generates electricity through hydro, wind, and solar power.
- Trades electricity in New Zealand, Australia, and the United Kingdom.
- Retails electricity to residential, business, and industrial customers.
- Provides management, insurance, and financing services.
- Licenses Flux-developed electricity and gas retailing platform.
- Offers solar installation services.
How Does MDDNF Make Money?
- Generates revenue by selling electricity to residential, business, and industrial customers.
- Trades electricity in wholesale markets.
- Provides management, insurance, and financing services for additional revenue.
- Licenses its Flux platform to other energy retailers.
What Industry Does MDDNF Operate In?
Meridian Energy operates within the renewable utilities industry, which is experiencing substantial growth driven by increasing global demand for clean energy. The industry is characterized by a shift away from fossil fuels towards sustainable energy sources such as hydro, wind, and solar. Meridian Energy's focus on renewable energy positions it favorably within this evolving landscape. Competitors include companies like CHUEF (China Utility Energy), CLPXY (CLP Holdings), CPYYF (Consolidated Edison), CPYYY (Con Edison Inc), and CRPJF (China Resources Power). The industry is subject to regulatory changes and technological advancements that can impact growth and profitability.
Who Are MDDNF's Key Customers?
- Residential customers seeking electricity for their homes.
- Business customers requiring electricity for their operations.
- Industrial customers with high electricity consumption needs.
F-Score 6/9Financial Health
Meridian Energy Limited's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.99 places it in the grey zone, a middle ground that warrants monitoring.
ROE -1%Key Financial Metrics
Return on equity for Meridian Energy Limited stands at -1.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.7%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.07 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.7%, the inverse of the P/E and a quick read on earnings relative to price.
Meridian Energy Limited (MDDNF) Valuation Context
Valued at $8.90B, MDDNF is classified as a mid-cap stock. Relative to its peer group, MDDNF's quantitative score of 44/100 is roughly in line with the peer average of 48/100.
FY2026 estForward Outlook
Wall Street analysts project Meridian Energy Limited revenue of about $3.79B for fiscal 2026, with EPS near $0.24.
MDDNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
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Bear Case
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AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MDDNF Latest News
No recent news available for MDDNF.
MDDNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MDDNF.
Price Targets
Wall Street price target analysis for MDDNF.
MDDNF MoonshotScore
What does this score mean?
The MoonshotScore rates MDDNF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Mike Roan
CEO
Mike Roan is the Chief Executive Officer of Meridian Energy Limited, leading a workforce of 936 employees. His background includes extensive experience in the energy sector, with a focus on renewable energy and sustainable business practices. He has held various leadership positions within the industry, demonstrating a strong track record of strategic decision-making and operational excellence. Roan's expertise spans across areas such as energy generation, trading, and retail, making him well-suited to lead Meridian Energy in a dynamic and evolving market.
Track Record: Under Mike Roan's leadership, Meridian Energy has continued to expand its renewable energy portfolio and strengthen its position in the market. Key achievements include the development of new renewable energy projects and the implementation of innovative technologies to improve efficiency and reduce costs. Roan has also focused on fostering a culture of sustainability and environmental responsibility within the company.
MDDNF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Meridian Energy Limited (MDDNF) may have limited financial disclosure and regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier often do not meet the minimum listing requirements of higher-tier OTC markets or major exchanges. This tier is considered more speculative due to the lack of stringent reporting standards and potential for less liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry.
- Lower trading volume can lead to price volatility.
- Wider bid-ask spreads can increase transaction costs.
- Potential for less regulatory oversight and investor protection.
- Higher risk of fraud or manipulation compared to exchange-listed stocks.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Analyze the stock's trading volume and price history.
- Understand the risks associated with OTC investing.
- Consult with a financial advisor before investing.
- Established renewable energy infrastructure and operations.
- Presence in multiple geographic markets (New Zealand, Australia, UK).
- Long operating history since incorporation in 1998.
- Dividend payments to shareholders.
- Operation under the Meridian Energy and Powershop brands.
Meridian Energy Limited Utilities Stock: Key Questions Answered
What does Meridian Energy Limited do?
Meridian Energy Limited is a renewable energy company that generates, trades, and retails electricity. The company operates primarily in New Zealand, Australia, and the United Kingdom. Meridian Energy generates electricity through a diverse portfolio of renewable sources, including hydro, wind, and solar power. It sells electricity to residential, business, and industrial customers under the Meridian Energy and Powershop brands. The company also provides related services such as management, insurance, and financing.
What do analysts say about MDDNF stock?
Analyst coverage of MDDNF is limited due to its OTC listing. However, the general sentiment towards renewable energy companies is positive, driven by increasing global demand for clean energy. Key valuation metrics such as P/E ratio and profit margin raise concerns about current profitability. Growth considerations include the company's ability to expand its renewable energy portfolio and capitalize on government incentives for renewable energy development. Investors should conduct their own due diligence and consider their risk tolerance before investing.
What are the main risks for MDDNF?
The main risks for Meridian Energy Limited include fluctuations in electricity prices, which can impact revenue and profitability. Adverse weather conditions can also affect hydro and wind power generation, reducing electricity output. Regulatory changes impacting renewable energy incentives pose another risk. Competition from other renewable energy providers and the company's current negative profit margin are also key considerations for investors. As an OTC stock, MDDNF is also subject to liquidity risk.
What are the key factors to evaluate for MDDNF?
Meridian Energy Limited (MDDNF) holds an AI score of 44/100 (low). Not financial advice.
How frequently does MDDNF data refresh on this page?
MDDNF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MDDNF's recent stock price performance?
Meridian Energy Limited (MDDNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong focus on renewable energy sources. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MDDNF overvalued or undervalued right now?
Valuing Meridian Energy Limited (MDDNF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying MDDNF?
Before investing in Meridian Energy Limited (MDDNF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the latest available information as of June 30, 2022.
- OTC analysis is based on general characteristics of the OTC market and may not be specific to MDDNF.