Mercury NZ Limited [ASX:MCY] share price and news 2022

Company Description

Mercury NZ Limited (MCY, formerly Mighty River Power Limited) is an electricity company in New Zealand. MCY invest in, develop and produce electricity from renewable and other energy sources and to sell energy and energy related services and products to retail and wholesale customers.

Mercury NZ Limited belongs to Utilities sector and under industry of Electric Utilities. You can get more information about this company via their website: http://www.mercury.co.nz.

This is a mid cap company with market cap of 7492 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.07 43.5 2.2 0
Market 1.03 20.6 1.71 1.15
Sector 0.98 36.8 2.25 7.94

Dividend Growth Chart

The following chart shows you how mcy dividend grows in the recent years.Mercury NZ Limited has dividend yield of 2.78%