Overview
Mercury NZ brings together renewable electricity generation and retail energy services in New Zealand. For Australian investors, the appeal rests on that established utility footprint and a 5.08% dividend yield, balanced against recent revenue contraction and the valuation investors are paying for the business.
Mercury NZ is a New Zealand electricity generator and retailer, listed on the Australian exchange and quoted here in Australian dollars. Its generation portfolio spans hydro, geothermal and wind power, alongside wholesale electricity activities and customer supply. It also offers services including gas, broadband and mobile plans. This combination gives Mercury exposure to both power generation and the retail relationship with households and businesses, while its core business remains tied to New Zealand’s energy market.
Key facts
- Ticker
- MCY
- Exchange
- AU
- ISIN
- NZMRPE0001S2
- Sector
- Utilities
- Industry
- Utilities – Renewable
- Country
- Australia
- Currency
- AUD
- Price
- A$5.60
- Previous close
- A$5.32
- Day change
- +A$0.28 (+5.26%)
- Market cap
- 8.0B
- 52W low
- A$4.91
- 52W high
- A$5.78
Price and trend
Last price: A$5.60
- Price
- A$5.60
- 52W range
- A$4.91 – A$5.78
- 50-day SMA
- A$5.51
- 200-day SMA
- A$5.50
- Price vs 50D SMA
- 1.58%
- Price vs 200D SMA
- 1.80%
Valuation
- P/E
- 26.67
- PEG
- 11.37
- EPS
- 0.21
- Dividend yield
- 5.08%
- Beta
- 0.32
Mercury’s supplied P/E ratio is 26.7, while its PEG ratio is 11.37. These measures put the share price in context, but the negative revenue growth makes it important to assess whether future operating performance can support the valuation. The quoted dividend yield of 5.08% is another part of the picture, not a stand-alone measure of value.
Profitability and growth
- Revenue growth
- -10.50%
- Revenue TTM
- 3.2B
- Profit margin
- 9.96%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$5.60
- Target price
- A$5.41
- Target vs last price
- -3.33% from last price
Mercury combines a substantial renewable generation base with a customer-facing utility business, and its 9.96% profit margin shows the company remains profitable on the supplied figures. However, revenue growth of -10.50% points to a weaker recent top line and tempers the appeal of its income profile. The 5.08% dividend yield may attract attention, but investors will want to consider it alongside the direction of revenue and earnings rather than in isolation. At A$5.60, the shares are within the 52-week range of A$4.91 to A$5.78. They are 1.58% above the 50-day average and 1.80% above the 200-day average, a modestly positive technical position that is secondary to the company’s operating outlook.
Risks
Mercury’s recent revenue growth is negative, and its reported profit margin is 9.96%, leaving results exposed to changes in generation, wholesale electricity conditions and customer demand. The business is concentrated in New Zealand’s electricity and utility markets, while its mix of hydro, geothermal and wind generation links operating outcomes to the performance of those assets and conditions affecting generation. The share price is near the upper end of its supplied 52-week range, and the reported valuation measures mean expectations matter: weaker growth or profitability could weigh on how investors value the stock. The dividend yield is a current measure, not a guarantee of future payments.
FAQ
What does Mercury NZ do?
Mercury NZ generates, trades and sells electricity in New Zealand. Its generation portfolio includes hydro, geothermal and wind power, and it also supplies utility and related services to residential and business customers.
What is Mercury NZ’s dividend yield?
The supplied dividend yield is 5.08%. Yield is a snapshot and can change with the share price or future dividend payments.
How has revenue been growing?
Reported revenue growth is -10.50%, while trailing revenue is A$3.2B. The figures indicate that recent revenue has contracted, although they do not by themselves explain the causes or persistence of that decline.
How does the share price compare with its recent range?
At A$5.60, the share price sits within the supplied 52-week range of A$4.91 to A$5.78, closer to the top than the bottom. It is also modestly above its 50-day and 200-day moving averages.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
