MERCIALYS (MERY.PA) Stock Fundamental Analysis

EPA:MERY • FR0010241638

11.98 EUR
+0.1 (+0.84%)
Last: Feb 23, 2026, 05:29 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

MERY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Diversified REITs industry. While MERY is still in line with the averages on profitability rating, there are concerns on its financial health. MERY is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year MERY was profitable.
  • In the past year MERY had a positive cash flow from operations.
  • MERY had positive earnings in each of the past 5 years.
  • In the past 5 years MERY always reported a positive cash flow from operatings.
MERY.PA Yearly Net Income VS EBIT VS OCF VS FCFMERY.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.28%, MERY is in line with its industry, outperforming 40.48% of the companies in the same industry.
  • MERY has a Return On Equity (5.46%) which is comparable to the rest of the industry.
  • MERY has a Return On Invested Capital of 2.81%. This is in the lower half of the industry: MERY underperforms 64.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MERY is in line with the industry average of 3.46%.
Industry RankSector Rank
ROA 1.28%
ROE 5.46%
ROIC 2.81%
ROA(3y)2.28%
ROA(5y)2.51%
ROE(3y)7.45%
ROE(5y)8.62%
ROIC(3y)4.41%
ROIC(5y)4.49%
MERY.PA Yearly ROA, ROE, ROICMERY.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 17.79%, MERY is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • MERY's Profit Margin has declined in the last couple of years.
  • MERY has a Operating Margin of 43.31%. This is in the lower half of the industry: MERY underperforms 71.43% of its industry peers.
  • In the last couple of years the Operating Margin of MERY has declined.
  • The Gross Margin of MERY (95.26%) is better than 92.86% of its industry peers.
  • In the last couple of years the Gross Margin of MERY has remained more or less at the same level.
Industry RankSector Rank
OM 43.31%
PM (TTM) 17.79%
GM 95.26%
OM growth 3Y-0.44%
OM growth 5Y-1.55%
PM growth 3Y-6.05%
PM growth 5Y-8.66%
GM growth 3Y1.08%
GM growth 5Y0.54%
MERY.PA Yearly Profit, Operating, Gross MarginsMERY.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MERY is destroying value.
  • Compared to 1 year ago, MERY has less shares outstanding
  • Compared to 5 years ago, MERY has more shares outstanding
  • Compared to 1 year ago, MERY has a worse debt to assets ratio.
MERY.PA Yearly Shares OutstandingMERY.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
MERY.PA Yearly Total Debt VS Total AssetsMERY.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • Based on the Altman-Z score of 0.55, we must say that MERY is in the distress zone and has some risk of bankruptcy.
  • MERY has a worse Altman-Z score (0.55) than 69.05% of its industry peers.
  • The Debt to FCF ratio of MERY is 11.36, which is on the high side as it means it would take MERY, 11.36 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of MERY (11.36) is comparable to the rest of the industry.
  • MERY has a Debt/Equity ratio of 2.29. This is a high value indicating a heavy dependency on external financing.
  • MERY has a Debt to Equity ratio of 2.29. This is amonst the worse of the industry: MERY underperforms 92.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.29
Debt/FCF 11.36
Altman-Z 0.55
ROIC/WACC0.5
WACC5.68%
MERY.PA Yearly LT Debt VS Equity VS FCFMERY.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.3 Liquidity

  • MERY has a Current Ratio of 1.11. This is a normal value and indicates that MERY is financially healthy and should not expect problems in meeting its short term obligations.
  • MERY's Current ratio of 1.11 is amongst the best of the industry. MERY outperforms 83.33% of its industry peers.
  • A Quick Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
  • MERY has a better Quick ratio (1.11) than 83.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.11
MERY.PA Yearly Current Assets VS Current LiabilitesMERY.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for MERY have decreased strongly by -64.87% in the last year.
  • MERY shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.10% yearly.
  • MERY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -34.45%.
  • The Revenue has been decreasing by -1.32% on average over the past years.
EPS 1Y (TTM)-64.87%
EPS 3Y-4.95%
EPS 5Y-10.1%
EPS Q2Q%-61.58%
Revenue 1Y (TTM)-34.45%
Revenue growth 3Y1.39%
Revenue growth 5Y-1.32%
Sales Q2Q%-3.09%

3.2 Future

  • MERY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.29% yearly.
  • MERY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.33% yearly.
EPS Next Y-0.49%
EPS Next 2Y2.95%
EPS Next 3Y2.29%
EPS Next 5YN/A
Revenue Next Year1.77%
Revenue Next 2Y2.85%
Revenue Next 3Y2.33%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MERY.PA Yearly Revenue VS EstimatesMERY.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M
MERY.PA Yearly EPS VS EstimatesMERY.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 35.24, which means the current valuation is very expensive for MERY.
  • MERY's Price/Earnings ratio is a bit more expensive when compared to the industry. MERY is more expensive than 66.67% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MERY to the average of the S&P500 Index (26.64), we can say MERY is valued slightly more expensively.
  • The Price/Forward Earnings ratio is 10.04, which indicates a very decent valuation of MERY.
  • 80.95% of the companies in the same industry are more expensive than MERY, based on the Price/Forward Earnings ratio.
  • MERY is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.75, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 35.24
Fwd PE 10.04
MERY.PA Price Earnings VS Forward Price EarningsMERY.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MERY is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, MERY is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 7.42
EV/EBITDA 17.68
MERY.PA Per share dataMERY.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.95%
EPS Next 3Y2.29%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 8.49%, MERY is a good candidate for dividend investing.
  • MERY's Dividend Yield is rather good when compared to the industry average which is at 5.29. MERY pays more dividend than 88.10% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, MERY pays a better dividend.
Industry RankSector Rank
Dividend Yield 8.49%

5.2 History

  • The dividend of MERY decreases each year by -1.82%.
Dividend Growth(5Y)-1.82%
Div Incr Years4
Div Non Decr Years4
MERY.PA Yearly Dividends per shareMERY.PA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • MERY pays out 297.27% of its income as dividend. This is not a sustainable payout ratio.
DP297.27%
EPS Next 2Y2.95%
EPS Next 3Y2.29%
MERY.PA Yearly Income VS Free CF VS DividendMERY.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
MERY.PA Dividend Payout.MERY.PA Dividend Payout, showing the Payout Ratio.MERY.PA Dividend Payout.PayoutRetained Earnings

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MERCIALYS

EPA:MERY (2/23/2026, 5:29:56 PM)

11.98

+0.1 (+0.84%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-17
Earnings (Next)07-22
Inst Owners43.52%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.12B
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts77.14
Price Target12.88 (7.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.49%
Yearly Dividend0.99
Dividend Growth(5Y)-1.82%
DP297.27%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.17%
Valuation
Industry RankSector Rank
PE 35.24
Fwd PE 10.04
P/S 6.37
P/FCF 7.42
P/OCF 7.42
P/B 1.95
P/tB 2.04
EV/EBITDA 17.68
EPS(TTM)0.34
EY2.84%
EPS(NY)1.19
Fwd EY9.96%
FCF(TTM)1.61
FCFY13.48%
OCF(TTM)1.61
OCFY13.48%
SpS1.88
BVpS6.13
TBVpS5.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.85
Profitability
Industry RankSector Rank
ROA 1.28%
ROE 5.46%
ROCE 3.83%
ROIC 2.81%
ROICexc 3.61%
ROICexgc 3.67%
OM 43.31%
PM (TTM) 17.79%
GM 95.26%
FCFM 85.79%
ROA(3y)2.28%
ROA(5y)2.51%
ROE(3y)7.45%
ROE(5y)8.62%
ROIC(3y)4.41%
ROIC(5y)4.49%
ROICexc(3y)4.94%
ROICexc(5y)5.16%
ROICexgc(3y)4.95%
ROICexgc(5y)5.17%
ROCE(3y)6%
ROCE(5y)6.11%
ROICexgc growth 3Y4.57%
ROICexgc growth 5Y0.29%
ROICexc growth 3Y4.59%
ROICexc growth 5Y0.28%
OM growth 3Y-0.44%
OM growth 5Y-1.55%
PM growth 3Y-6.05%
PM growth 5Y-8.66%
GM growth 3Y1.08%
GM growth 5Y0.54%
F-Score5
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 2.29
Debt/FCF 11.36
Debt/EBITDA 9.75
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.3
Cash Conversion 111.91%
Profit Quality 482.16%
Current Ratio 1.11
Quick Ratio 1.11
Altman-Z 0.55
F-Score5
WACC5.68%
ROIC/WACC0.5
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)300.14%
Profit Quality(5y)255.17%
High Growth Momentum
Growth
EPS 1Y (TTM)-64.87%
EPS 3Y-4.95%
EPS 5Y-10.1%
EPS Q2Q%-61.58%
EPS Next Y-0.49%
EPS Next 2Y2.95%
EPS Next 3Y2.29%
EPS Next 5YN/A
Revenue 1Y (TTM)-34.45%
Revenue growth 3Y1.39%
Revenue growth 5Y-1.32%
Sales Q2Q%-3.09%
Revenue Next Year1.77%
Revenue Next 2Y2.85%
Revenue Next 3Y2.33%
Revenue Next 5YN/A
EBIT growth 1Y-47.18%
EBIT growth 3Y0.95%
EBIT growth 5Y-2.84%
EBIT Next Year32.22%
EBIT Next 3Y12.32%
EBIT Next 5YN/A
FCF growth 1Y12.87%
FCF growth 3Y5.97%
FCF growth 5Y0.83%
OCF growth 1Y12.87%
OCF growth 3Y5.97%
OCF growth 5Y0.83%

MERCIALYS / MERY.PA FAQ

Can you provide the ChartMill fundamental rating for MERCIALYS?

ChartMill assigns a fundamental rating of 4 / 10 to MERY.PA.


What is the valuation status of MERCIALYS (MERY.PA) stock?

ChartMill assigns a valuation rating of 4 / 10 to MERCIALYS (MERY.PA). This can be considered as Fairly Valued.


Can you provide the profitability details for MERCIALYS?

MERCIALYS (MERY.PA) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for MERY stock?

The Price/Earnings (PE) ratio for MERCIALYS (MERY.PA) is 35.24 and the Price/Book (PB) ratio is 1.95.


How sustainable is the dividend of MERCIALYS (MERY.PA) stock?

The dividend rating of MERCIALYS (MERY.PA) is 5 / 10 and the dividend payout ratio is 297.27%.