MERCIALYS (MERY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:MERY - FR0010241638 - REIT
10.6 EUR
+0.02 (+0.19%)
We assign a fundamental rating of 4 out of 10 to MERY. MERY was compared to 41 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.
1. Profitability
1.1 Basic Checks
MERY had positive earnings in the past year.
MERY had a positive operating cash flow in the past year.
Each year in the past 5 years MERY has been profitable.
MERY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MERY (1.28%) is worse than 60.98% of its industry peers.
MERY has a Return On Equity (5.46%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 2.81%, MERY is doing worse than 68.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years 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 Operating Margin of 43.31%. This is in the lower half of the industry: MERY underperforms 75.61% of its industry peers.
In the last couple of years the Operating Margin of MERY has declined.
MERY has a better Gross Margin (95.26%) than 92.68% 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 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.
The number of shares outstanding for MERY has been reduced compared to 1 year ago.
The number of shares outstanding for MERY has been increased compared to 5 years ago.
Compared to 1 year ago, MERY has a worse debt to assets ratio.
2.2 Solvency
MERY has an Altman-Z score of 0.51. This is a bad value and indicates that MERY is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MERY (0.51) is worse than 73.17% 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.
Looking at the Debt to FCF ratio, with a value of 11.36, MERY is in line with its industry, outperforming 58.54% of the companies in the same industry.
A Debt/Equity ratio of 2.29 is on the high side and indicates that MERY has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.29, MERY is doing worse than 90.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | 11.36 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.51
WACC5.5%
2.3 Liquidity
A Current Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
MERY's Current ratio of 1.11 is amongst the best of 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.
The Quick ratio of MERY (1.11) is better than 85.37% of its industry peers.
| 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.
MERY shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.10% yearly.
Looking at the last year, MERY shows a very negative growth in Revenue. The Revenue has decreased by -34.45% in the last year.
MERY shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.32% yearly.
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
Based on estimates for the next years, MERY will show a small growth in Earnings Per Share. The EPS will grow by 2.37% on average per year.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.18, MERY can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MERY is valued a bit more expensive than the industry average as 68.29% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of MERY to the average of the S&P500 Index (26.38), we can say MERY is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 8.86, the valuation of MERY can be described as reasonable.
87.80% of the companies in the same industry are more expensive than MERY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.83. MERY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.18 | ||
| Fwd PE | 8.86 |
4.2 Price Multiples
60.98% of the companies in the same industry are more expensive than MERY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MERY indicates a rather cheap valuation: MERY is cheaper than 87.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.57 | ||
| EV/EBITDA | 16.78 |
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
MERY has a Yearly Dividend Yield of 9.45%, which is a nice return.
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 | 9.45% |
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
MERY pays out 297.27% of its income as dividend. This is not a sustainable payout ratio.
DP297.27%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPA:MERY (12/19/2025, 7:00:00 PM)
10.6
+0.02 (+0.19%)
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 Cap995.23M
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts75.38
Price Target12.94 (22.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.45% |
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 | 31.18 | ||
| Fwd PE | 8.86 | ||
| P/S | 5.63 | ||
| P/FCF | 6.57 | ||
| P/OCF | 6.57 | ||
| P/B | 1.73 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 16.78 |
EPS(TTM)0.34
EY3.21%
EPS(NY)1.2
Fwd EY11.29%
FCF(TTM)1.61
FCFY15.23%
OCF(TTM)1.61
OCFY15.23%
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
WACC5.5%
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 31.18 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.