MERSEN (MRN.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:MRN - FR0000039620 - Common Stock
22 EUR
+0.55 (+2.56%)
Overall MRN gets a fundamental rating of 5 out of 10. We evaluated MRN against 66 industry peers in the Electrical Equipment industry. MRN has a medium profitability rating, but doesn't score so well on its financial health evaluation. MRN is not valued too expensively and it also shows a decent growth rate. Finally MRN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MRN was profitable.
MRN had a positive operating cash flow in the past year.
Of the past 5 years MRN 4 years were profitable.
MRN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.71%, MRN is doing good in the industry, outperforming 60.61% of the companies in the same industry.
MRN's Return On Equity of 6.26% is in line compared to the rest of the industry. MRN outperforms 56.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.56%, MRN is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MRN is below the industry average of 9.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 6.26% | ||
| ROIC | 6.56% |
ROA(3y)4.43%
ROA(5y)3.3%
ROE(3y)9.18%
ROE(5y)6.84%
ROIC(3y)7.82%
ROIC(5y)7.1%
1.3 Margins
MRN's Profit Margin of 4.03% is fine compared to the rest of the industry. MRN outperforms 62.12% of its industry peers.
MRN's Profit Margin has declined in the last couple of years.
The Operating Margin of MRN (9.65%) is better than 77.27% of its industry peers.
In the last couple of years the Operating Margin of MRN has remained more or less at the same level.
With a Gross Margin value of 29.63%, MRN is not doing good in the industry: 68.18% of the companies in the same industry are doing better.
MRN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.65% | ||
| PM (TTM) | 4.03% | ||
| GM | 29.63% |
OM growth 3Y1.63%
OM growth 5Y-0.4%
PM growth 3Y-6.98%
PM growth 5Y-4.68%
GM growth 3Y-0.41%
GM growth 5Y-0.36%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MRN is creating some value.
The number of shares outstanding for MRN has been increased compared to 1 year ago.
The number of shares outstanding for MRN has been increased compared to 5 years ago.
Compared to 1 year ago, MRN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.92 indicates that MRN is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.92, MRN perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
MRN has a debt to FCF ratio of 32.06. This is a negative value and a sign of low solvency as MRN would need 32.06 years to pay back of all of its debts.
MRN's Debt to FCF ratio of 32.06 is in line compared to the rest of the industry. MRN outperforms 46.97% of its industry peers.
MRN has a Debt/Equity ratio of 0.57. This is a neutral value indicating MRN is somewhat dependend on debt financing.
MRN has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 32.06 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.86
WACC7.67%
2.3 Liquidity
A Current Ratio of 1.39 indicates that MRN should not have too much problems paying its short term obligations.
MRN's Current ratio of 1.39 is in line compared to the rest of the industry. MRN outperforms 48.48% of its industry peers.
A Quick Ratio of 0.81 indicates that MRN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.81, MRN is in line with its industry, outperforming 42.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
MRN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.71%.
Measured over the past years, MRN shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.64% on average per year.
The Revenue has been growing slightly by 0.23% in the past year.
MRN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.53% yearly.
EPS 1Y (TTM)-35.71%
EPS 3Y-1.43%
EPS 5Y-1.64%
EPS Q2Q%-24.55%
Revenue 1Y (TTM)0.23%
Revenue growth 3Y10.46%
Revenue growth 5Y5.53%
Sales Q2Q%-2.18%
3.2 Future
The Earnings Per Share is expected to grow by 22.45% on average over the next years. This is a very strong growth
Based on estimates for the next years, MRN will show a quite strong growth in Revenue. The Revenue will grow by 10.90% on average per year.
EPS Next Y-12.59%
EPS Next 2Y2.13%
EPS Next 3Y6.83%
EPS Next 5Y22.45%
Revenue Next Year-3.74%
Revenue Next 2Y0.12%
Revenue Next 3Y2.23%
Revenue Next 5Y10.9%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
MRN is valuated reasonably with a Price/Earnings ratio of 11.11.
Based on the Price/Earnings ratio, MRN is valued cheaply inside the industry as 93.94% of the companies are valued more expensively.
MRN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.76.
A Price/Forward Earnings ratio of 7.38 indicates a rather cheap valuation of MRN.
89.39% of the companies in the same industry are more expensive than MRN, based on the Price/Forward Earnings ratio.
MRN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.11 | ||
| Fwd PE | 7.38 |
4.2 Price Multiples
MRN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MRN is cheaper than 92.42% of the companies in the same industry.
MRN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MRN is cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.28 | ||
| EV/EBITDA | 4.78 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.13%
EPS Next 3Y6.83%
5. Dividend
5.1 Amount
MRN has a Yearly Dividend Yield of 4.11%, which is a nice return.
MRN's Dividend Yield is rather good when compared to the industry average which is at 2.23. MRN pays more dividend than 95.45% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, MRN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
The dividend of MRN has a limited annual growth rate of 4.49%.
Dividend Growth(5Y)4.49%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
62.30% of the earnings are spent on dividend by MRN. This is not a sustainable payout ratio.
MRN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.3%
EPS Next 2Y2.13%
EPS Next 3Y6.83%
EPA:MRN (12/11/2025, 7:00:00 PM)
22
+0.55 (+2.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners56.46%
Inst Owner ChangeN/A
Ins Owners0.29%
Ins Owner ChangeN/A
Market Cap537.24M
Revenue(TTM)1.23B
Net Income(TTM)49.60M
Analysts80
Price Target29.62 (34.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend1.27
Dividend Growth(5Y)4.49%
DP62.3%
Div Incr Years0
Div Non Decr Years3
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)-0.68%
PT rev (3m)-1.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.11 | ||
| Fwd PE | 7.38 | ||
| P/S | 0.44 | ||
| P/FCF | 28.28 | ||
| P/OCF | 2.46 | ||
| P/B | 0.68 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 4.78 |
EPS(TTM)1.98
EY9%
EPS(NY)2.98
Fwd EY13.54%
FCF(TTM)0.78
FCFY3.54%
OCF(TTM)8.93
OCFY40.6%
SpS50.37
BVpS32.44
TBVpS18.12
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 6.26% | ||
| ROCE | 8.78% | ||
| ROIC | 6.56% | ||
| ROICexc | 7.5% | ||
| ROICexgc | 10.63% | ||
| OM | 9.65% | ||
| PM (TTM) | 4.03% | ||
| GM | 29.63% | ||
| FCFM | 1.54% |
ROA(3y)4.43%
ROA(5y)3.3%
ROE(3y)9.18%
ROE(5y)6.84%
ROIC(3y)7.82%
ROIC(5y)7.1%
ROICexc(3y)8.35%
ROICexc(5y)7.71%
ROICexgc(3y)11.56%
ROICexgc(5y)11.01%
ROCE(3y)10.7%
ROCE(5y)9.74%
ROICexgc growth 3Y-0.83%
ROICexgc growth 5Y-3.01%
ROICexc growth 3Y1.22%
ROICexc growth 5Y-1.49%
OM growth 3Y1.63%
OM growth 5Y-0.4%
PM growth 3Y-6.98%
PM growth 5Y-4.68%
GM growth 3Y-0.41%
GM growth 5Y-0.36%
F-Score4
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 32.06 | ||
| Debt/EBITDA | 2.28 | ||
| Cap/Depr | 252.03% | ||
| Cap/Sales | 16.19% | ||
| Interest Coverage | 5.68 | ||
| Cash Conversion | 110.32% | ||
| Profit Quality | 38.31% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 1.92 |
F-Score4
WACC7.67%
ROIC/WACC0.86
Cap/Depr(3y)237.61%
Cap/Depr(5y)200.5%
Cap/Sales(3y)14.05%
Cap/Sales(5y)11.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.71%
EPS 3Y-1.43%
EPS 5Y-1.64%
EPS Q2Q%-24.55%
EPS Next Y-12.59%
EPS Next 2Y2.13%
EPS Next 3Y6.83%
EPS Next 5Y22.45%
Revenue 1Y (TTM)0.23%
Revenue growth 3Y10.46%
Revenue growth 5Y5.53%
Sales Q2Q%-2.18%
Revenue Next Year-3.74%
Revenue Next 2Y0.12%
Revenue Next 3Y2.23%
Revenue Next 5Y10.9%
EBIT growth 1Y-14.3%
EBIT growth 3Y12.26%
EBIT growth 5Y5.11%
EBIT Next Year70.78%
EBIT Next 3Y27.01%
EBIT Next 5Y29.42%
FCF growth 1Y196.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y56.46%
OCF growth 3Y18.43%
OCF growth 5Y9.52%
MERSEN / MRN.PA FAQ
Can you provide the ChartMill fundamental rating for MERSEN?
ChartMill assigns a fundamental rating of 5 / 10 to MRN.PA.
What is the valuation status of MERSEN (MRN.PA) stock?
ChartMill assigns a valuation rating of 6 / 10 to MERSEN (MRN.PA). This can be considered as Fairly Valued.
What is the profitability of MRN stock?
MERSEN (MRN.PA) has a profitability rating of 5 / 10.
What is the valuation of MERSEN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MERSEN (MRN.PA) is 11.11 and the Price/Book (PB) ratio is 0.68.
What is the earnings growth outlook for MERSEN?
The Earnings per Share (EPS) of MERSEN (MRN.PA) is expected to decline by -12.59% in the next year.