Please report any errors. If a company chooses to publish the data, it's usually once a year in their Annual Report. profile, My If you hold Mercury shares you can securely view and manage your holdings and investment details through Computershare. MCY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average. In addition, the 1998 reforms forced the separation between lines (transmission and distribution) and supply (generation and retailing). Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). (2018). Notable Dividend: MCY's dividend (2.87%) is higher than the bottom 25% of dividend payers in the NZ market (2.73%). Explore growth companies in the Utilities industry. PE vs Industry: MCY's PE Ratio (36.2x) is in line with the NZ Electric Utilities industry average. Explore potentially undervalued companies in the Utilities industry. MCY has been paying a dividend for less than 10 years and during this time payments have been. MCY's earnings are forecast to decline next year, so we can't calculate its. MCY's debt to equity ratio has reduced from 40.3% to 36.1% over the past 5 years. Companies must notify the ASX of any change in director within 10 business days. Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. It’s important you’re making the right decision financially. Earnings vs Industry: MCY had negative earnings growth (-42%) over the past year, making it difficult to compare to the Electric Utilities industry average (-21.9%). [17] The government retained 51.78 percent of the shareholding, with another 1.02 percent owned by other Crown interests (mainly the New Zealand Superannuation Fund).[18]. 2017 - present: Data compiled by Morningstar, 2013 - 2016: Data compiled by Market Index, Data supplied by Morningstar and accurate on 30 Jun 2020. Mercury NZ Limited (MCY, formerly Mighty River Power Limited) is an electricity company in New Zealand. All rights reserved. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. [16] The Government was slightly disappointed, blaming the Labour-Green policy for putting off many more potential shareholders, and with the Finance Minister indicating before the policy was announced that the price would be in the $2.70 to $2.80 range. Debt Level: MCY's debt to equity ratio (36.1%) is considered satisfactory. (103.9%), MCY's dividend payments are not well covered by earnings. Greenpeace staged a nine-day occupation of the site in 2005, and after the Northland Regional Council granted consent, appealed to both the Environment Court and High Court, eventually overturning the consent. Data is usually extracted from Annual Reports. Once you’ve made a decision, you need to use a licensed sharebroker or their online services to buy or sell the shares. PEG Ratio: MCY's earnings are forecast to decline next year, so we can't calculate its PEG ratio. Bosco (services Apartment buildings), Joint venture with Tauhara North No.2 Trust, Bosco Connect, an electricity retailer to inner city apartments, What Power Crisis, supplying Solar Power installations as Mercury Solar, This page was last edited on 13 September 2020, at 17:17.

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