MERCIALYS (MERY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:MERY - FR0010241638 - REIT
10.61 EUR
+0.13 (+1.24%)
Overall MERY gets a fundamental rating of 4 out of 10. We evaluated MERY against 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of MERY while its profitability can be described as average. MERY is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MERY was profitable.
MERY had a positive operating cash flow in the past year.
MERY had positive earnings in each of the past 5 years.
MERY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MERY's Return On Assets of 1.28% is on the low side compared to the rest of the industry. MERY is outperformed by 60.98% of its industry peers.
Looking at the Return On Equity, with a value of 5.46%, MERY is in line with its industry, outperforming 53.66% of the companies in the same industry.
The Return On Invested Capital of MERY (2.81%) is worse than 68.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MERY is in line with the industry average of 3.63%.
| Industry Rank | Sector 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%
1.3 Margins
MERY's Profit Margin of 17.79% is in line compared to the rest of the industry. MERY outperforms 41.46% of its industry peers.
In the last couple of years the Profit Margin of MERY has declined.
MERY has a worse Operating Margin (43.31%) than 75.61% of its industry peers.
MERY's Operating Margin has declined in the last couple of years.
MERY has a better Gross Margin (95.26%) than 92.68% of its industry peers.
MERY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
MERY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MERY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MERY has more shares outstanding
Compared to 1 year ago, MERY has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that MERY is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MERY (0.51) is worse than 73.17% of its industry peers.
MERY has a debt to FCF ratio of 11.36. This is a negative value and a sign of low solvency as MERY would need 11.36 years to pay back of all of its debts.
MERY has a Debt to FCF ratio of 11.36. This is comparable to the rest of the industry: MERY outperforms 58.54% of its industry peers.
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 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | 11.36 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.51
WACC5.49%
2.3 Liquidity
A Current Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
MERY has a Current ratio of 1.11. This is amongst the best in the industry. MERY outperforms 85.37% of its industry peers.
A Quick Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.11, MERY belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for MERY have decreased strongly by -64.87% in the last year.
The earnings per share for MERY have been decreasing by -10.10% on average. This is quite bad
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 2.37% yearly.
MERY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.89% yearly.
EPS Next Y-0.36%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y3.74%
Revenue Next 3Y2.89%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.21, which means the current valuation is very expensive for MERY.
Based on the Price/Earnings ratio, MERY is valued a bit more expensive than 68.29% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.22, MERY is valued at the same level.
The Price/Forward Earnings ratio is 8.87, which indicates a very decent valuation of MERY.
87.80% of the companies in the same industry are more expensive than MERY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.58, MERY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.21 | ||
| Fwd PE | 8.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MERY is valued a bit cheaper than 60.98% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MERY is valued cheaper than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.57 | ||
| EV/EBITDA | 16.71 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.07%
EPS Next 3Y2.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.49%, MERY is a good candidate for dividend investing.
MERY's Dividend Yield is rather good when compared to the industry average which is at 5.22. MERY pays more dividend than 95.12% of the companies in the same industry.
MERY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.49% |
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
5.3 Sustainability
297.27% of the earnings are spent on dividend by MERY. This is not a sustainable payout ratio.
DP297.27%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPA:MERY (12/18/2025, 5:29:41 PM)
10.61
+0.13 (+1.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.62%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap996.17M
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts75.38
Price Target12.94 (21.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.49% |
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%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.26%
EPS NY rev (3m)-7.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.21 | ||
| Fwd PE | 8.87 | ||
| P/S | 5.64 | ||
| P/FCF | 6.57 | ||
| P/OCF | 6.57 | ||
| P/B | 1.73 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 16.71 |
EPS(TTM)0.34
EY3.2%
EPS(NY)1.2
Fwd EY11.28%
FCF(TTM)1.61
FCFY15.22%
OCF(TTM)1.61
OCFY15.22%
SpS1.88
BVpS6.13
TBVpS5.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.85
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 0.51 |
F-Score5
WACC5.49%
ROIC/WACC0.51
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-0.36%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-34.45%
Revenue growth 3Y1.39%
Revenue growth 5Y-1.32%
Sales Q2Q%-3.09%
Revenue Next Year1.94%
Revenue Next 2Y3.74%
Revenue Next 3Y2.89%
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.
Can you provide the valuation status for MERCIALYS?
ChartMill assigns a valuation rating of 5 / 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.
What are the PE and PB ratios of MERCIALYS (MERY.PA) stock?
The Price/Earnings (PE) ratio for MERCIALYS (MERY.PA) is 31.21 and the Price/Book (PB) ratio is 1.73.
Can you provide the expected EPS growth for MERY stock?
The Earnings per Share (EPS) of MERCIALYS (MERY.PA) is expected to decline by -0.36% in the next year.