MERSANA THERAPEUTICS INC (MRSN) Stock Fundamental Analysis

NASDAQ:MRSN • US59045L2051

29.08 USD
+0.04 (+0.14%)
At close: Jan 5, 2026
29.3 USD
+0.22 (+0.76%)
After Hours: 1/5/2026, 8:00:00 PM
Fundamental Rating

1

Taking everything into account, MRSN scores 1 out of 10 in our fundamental rating. MRSN was compared to 521 industry peers in the Biotechnology industry. MRSN has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, MRSN is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • In the past year MRSN has reported negative net income.
  • In the past year MRSN has reported a negative cash flow from operations.
  • MRSN had negative earnings in each of the past 5 years.
  • In the past 5 years MRSN always reported negative operating cash flow.
MRSN Yearly Net Income VS EBIT VS OCF VS FCFMRSN 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 0 -50M -100M -150M -200M

1.2 Ratios

  • MRSN's Return On Assets of -111.80% is on the low side compared to the rest of the industry. MRSN is outperformed by 77.92% of its industry peers.
Industry RankSector Rank
ROA -111.8%
ROE N/A
ROIC N/A
ROA(3y)-61.62%
ROA(5y)-59.91%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MRSN Yearly ROA, ROE, ROICMRSN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 -500

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for MRSN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MRSN Yearly Profit, Operating, Gross MarginsMRSN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 -100K -200K -300K -400K

1

2. Health

2.1 Basic Checks

  • MRSN does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, MRSN has less shares outstanding
  • MRSN has more shares outstanding than it did 5 years ago.
  • MRSN has a worse debt/assets ratio than last year.
MRSN Yearly Shares OutstandingMRSN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M
MRSN Yearly Total Debt VS Total AssetsMRSN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • Based on the Altman-Z score of -23.23, we must say that MRSN is in the distress zone and has some risk of bankruptcy.
  • MRSN has a Altman-Z score of -23.23. This is amonst the worse of the industry: MRSN underperforms 84.53% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -23.23
ROIC/WACCN/A
WACC9.53%
MRSN Yearly LT Debt VS Equity VS FCFMRSN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

2.3 Liquidity

  • MRSN has a Current Ratio of 1.39. This is a normal value and indicates that MRSN is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.39, MRSN is doing worse than 82.08% of the companies in the same industry.
  • A Quick Ratio of 1.39 indicates that MRSN should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.39, MRSN is not doing good in the industry: 80.75% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.39
Quick Ratio 1.39
MRSN Yearly Current Assets VS Current LiabilitesMRSN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

  • MRSN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.98%, which is quite good.
  • MRSN shows a decrease in Revenue. In the last year, the revenue decreased by -4.76%.
  • Measured over the past years, MRSN shows a decrease in Revenue. The Revenue has been decreasing by -0.78% on average per year.
EPS 1Y (TTM)8.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%32.89%
Revenue 1Y (TTM)-4.76%
Revenue growth 3Y904.13%
Revenue growth 5Y-0.78%
Sales Q2Q%-12.61%

3.2 Future

  • MRSN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.06% yearly.
  • The Revenue is expected to grow by 32.52% on average over the next years. This is a very strong growth
EPS Next Y39.26%
EPS Next 2Y13.89%
EPS Next 3Y7.6%
EPS Next 5Y10.06%
Revenue Next Year-24.85%
Revenue Next 2Y-18.71%
Revenue Next 3Y-30.85%
Revenue Next 5Y32.52%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MRSN Yearly Revenue VS EstimatesMRSN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50M 100M 150M 200M
MRSN Yearly EPS VS EstimatesMRSN Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 50 -50 -100 -150 -200

0

4. Valuation

4.1 Price/Earnings Ratio

  • MRSN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year MRSN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
MRSN Price Earnings VS Forward Price EarningsMRSN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MRSN Per share dataMRSN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 -10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.89%
EPS Next 3Y7.6%

0

5. Dividend

5.1 Amount

  • MRSN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

MERSANA THERAPEUTICS INC

NASDAQ:MRSN (1/5/2026, 8:00:00 PM)

After market: 29.3 +0.22 (+0.76%)

29.08

+0.04 (+0.14%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)11-14
Earnings (Next)03-02
Inst Owners67.26%
Inst Owner Change-85.81%
Ins Owners1.61%
Ins Owner Change-0.15%
Market Cap145.40M
Revenue(TTM)33.18M
Net Income(TTM)-70.08M
Analysts71.43
Price Target51 (75.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.71%
Min EPS beat(2)-21.54%
Max EPS beat(2)8.12%
EPS beat(4)3
Avg EPS beat(4)5.91%
Min EPS beat(4)-21.54%
Max EPS beat(4)33.06%
EPS beat(8)6
Avg EPS beat(8)9.61%
EPS beat(12)8
Avg EPS beat(12)8.07%
EPS beat(16)9
Avg EPS beat(16)-34.54%
Revenue beat(2)0
Avg Revenue beat(2)-38.45%
Min Revenue beat(2)-52.91%
Max Revenue beat(2)-23.98%
Revenue beat(4)1
Avg Revenue beat(4)-5.43%
Min Revenue beat(4)-53.77%
Max Revenue beat(4)108.93%
Revenue beat(8)3
Avg Revenue beat(8)-6.79%
Revenue beat(12)3
Avg Revenue beat(12)-13.07%
Revenue beat(16)5
Avg Revenue beat(16)-3.69%
PT rev (1m)50.6%
PT rev (3m)-31.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.77%
EPS NY rev (1m)0%
EPS NY rev (3m)4.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.9%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.38
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-13.88
EYN/A
EPS(NY)-9.84
Fwd EYN/A
FCF(TTM)-14.87
FCFYN/A
OCF(TTM)-14.87
OCFYN/A
SpS6.64
BVpS-11.91
TBVpS-11.91
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -111.8%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-61.62%
ROA(5y)-59.91%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.39
Quick Ratio 1.39
Altman-Z -23.23
F-Score3
WACC9.53%
ROIC/WACCN/A
Cap/Depr(3y)129.19%
Cap/Depr(5y)101.94%
Cap/Sales(3y)4.83%
Cap/Sales(5y)339.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%32.89%
EPS Next Y39.26%
EPS Next 2Y13.89%
EPS Next 3Y7.6%
EPS Next 5Y10.06%
Revenue 1Y (TTM)-4.76%
Revenue growth 3Y904.13%
Revenue growth 5Y-0.78%
Sales Q2Q%-12.61%
Revenue Next Year-24.85%
Revenue Next 2Y-18.71%
Revenue Next 3Y-30.85%
Revenue Next 5Y32.52%
EBIT growth 1Y15.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-45.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y61.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y60.47%
OCF growth 3YN/A
OCF growth 5YN/A

MERSANA THERAPEUTICS INC / MRSN FAQ

What is the fundamental rating for MRSN stock?

ChartMill assigns a fundamental rating of 1 / 10 to MRSN.


What is the valuation status for MRSN stock?

ChartMill assigns a valuation rating of 0 / 10 to MERSANA THERAPEUTICS INC (MRSN). This can be considered as Overvalued.


How profitable is MERSANA THERAPEUTICS INC (MRSN) stock?

MERSANA THERAPEUTICS INC (MRSN) has a profitability rating of 0 / 10.


Can you provide the expected EPS growth for MRSN stock?

The Earnings per Share (EPS) of MERSANA THERAPEUTICS INC (MRSN) is expected to grow by 39.26% in the next year.