MRY Stock Chart & Stats
€3.24
€0.00(0.00%)
At close: 4:00 PM EDT
€3.24
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€2.96 - €3.72
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€4.90B
Enterprise Value€12.23B
Total Cash (Recent Filing)€77.00M
Total Debt (Recent Filing)€2.47B
Price to Earnings (P/E)30.2
Beta-0.04
Next Earnings
Feb 23, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.22
Shares Outstanding1,436,932,700
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.86
Price to Sales (P/S)3.03
P/FCF Ratio92.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.17
Revenue Forecast (FY)€1.75B
Bulls Say, Bears Say
Bulls Say
Renewable Generation And Earnings GrowthHigher renewable output from newly commissioned projects is driving a substantial earnings rebound and expanding Mercury’s generation base. FY27 guidance remains above FY26, while the raised FY30 EBITDAF floor indicates management expects the benefits of capacity growth to persist.
Visible Renewable Investment PipelineMercury has a sizable, actively funded development pipeline that can support long-term generation growth and energy-transition demand. The PKH commitment, geothermal drilling program, and reinvestment of $710m demonstrate execution capacity and continued asset expansion.
Manageable Leverage And LiquidityA manageable leverage position and substantial liquidity give Mercury flexibility to fund renewable projects while retaining resilience through operating variability. Even with forecast growth investment, management expects leverage to peak around 2.6x before declining, supporting financial stability.
Bears Say
Revenue Softness And Earnings VolatilityThe sharp profit recovery has not yet translated into consistent top-line growth, and historical margin swings show that earnings remain sensitive to operating conditions. Revenue softness and uneven profitability make the durability of the rebound less certain over the medium term.
Thin And Inconsistent Free Cash FlowWeak free cash flow conversion reduces the cash available for debt reduction, dividends, and internally funded growth. Although operating cash flow was solid, uneven free cash flow and heavy reinvestment increase reliance on disciplined capital allocation and could constrain flexibility if earnings weaken.
Hydrology And Project Delivery ExposureMercury’s generation and growth plans remain exposed to weather-driven hydrology, wholesale price effects, and infrastructure execution. Delayed approvals, project timing or transmission capacity could defer expected generation and demand benefits, making future EBITDAF targets harder to deliver.
Mercury NZ News
MRY FAQ
What was Mercury NZ Ltd.’s price range in the past 12 months?
Mercury NZ Ltd. lowest stock price was €2.96 and its highest was €3.72 in the past 12 months.
What is Mercury NZ Ltd.’s market cap?
Mercury NZ Ltd.’s market cap is €4.90B.
When is Mercury NZ Ltd.’s upcoming earnings report date?
Mercury NZ Ltd.’s upcoming earnings report date is Feb 23, 2027 which is in 114 days.
How were Mercury NZ Ltd.’s earnings last quarter?
Mercury NZ Ltd. released its earnings results on Aug 17, 2026. The company reported €0.074 earnings per share for the quarter.
Is Mercury NZ Ltd. overvalued?
According to Wall Street analysts Mercury NZ Ltd.’s price is currently Overvalued.
Does Mercury NZ Ltd. pay dividends?
Mercury NZ Ltd. does not currently pay dividends.
What is Mercury NZ Ltd.’s EPS estimate?
Mercury NZ Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mercury NZ Ltd. have?
Mercury NZ Ltd. has 1,436,932,700 shares outstanding.
What happened to Mercury NZ Ltd.’s price movement after its last earnings report?
Mercury NZ Ltd. reported an EPS of €0.074 in its last earnings report. Following the earnings report the stock price went up 2.514%.
Which hedge fund is a major shareholder of Mercury NZ Ltd.?
Currently, no hedge funds are holding shares in DE:MRY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Mercury NZ Ltd.
Mercury NZ Limited is a prominent New Zealand energy provider focused on the generation, wholesale, and retail sale of electricity, alongside other related ventures. The company's operations are divided into distinct Generation/Wholesale, Retail, and Other segments. Its robust generation assets include nine hydroelectric power stations located along the Waikato River, five wind farms, and five geothermal facilities in the central North Island. Mercury supplies electricity to a diverse clientele, including residential, commercial, industrial, and spot market customers, marketed under its GLOBUG, Trustpower, and Mercury brands. Beyond electricity, the company also offers piped natural gas, telecommunication services, and various other products. Established in 1998, the entity known today as Mercury NZ Limited adopted its current name in July 2016, having previously operated as Mighty River Power Limited, and maintains its headquarters in Auckland, New Zealand.
MRY Company Deck
MRY Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial performance: strong FY '26 EBITDAF (+36%), material generation growth (+15%), disciplined OpEx management, delivery of multiple projects on time and on budget, a strengthened balance sheet (~2.0x net debt/EBITDAF) and an increased dividend (FY '26 +13%). Management provided constructive FY '27 guidance and lifted the FY '30 lower EBITDAF target, while preserving capital discipline. Key risks include hydrology/El Niño uncertainty, some non‑recurring elements in cost savings, timing/FID and transmission constraints for future growth (notably data-center driven demand) and a drilling program whose outcomes will only become clear next year. Overall, highlights significantly outweigh the lowlights, indicating confidence in execution and a positive near- to medium-term outlook.View all DE:MRY earnings summariesTechnical Analysis
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