Risk factor
Poor trading liquidity
Profitability factor
Very unfavourable price performance
About
Manawa Energy Limited engages in the ownership and operation of electricity generation facilities in New Zealand. The company is involved in the generation of renewable electricity through hydro power schemes; and wholesale and retail of electricity. It operates approximately 26 power schemes in New Zealand with a total installed capacity of 510MW. The company was formerly known as Trustpower Limited and changed its name to Manawa Energy Limited in May 2022. Manawa Energy Limited was founded in 1915 and is headquartered in Tauranga, New Zealand. Manawa Energy Limited is a subsidiary of Infratil Limited.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of MNW.NZ is 6.1 and suggests 5% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
Buy
Sell