MERSEN (MRN.PA)

38.04EUR +3.09% (+1.14)

Over 6M: +42.4%

2026-08-25

20 30 40

Mar Apr May Jun Jul Aug

Multiples & size

2025-12-31

Market cap 940.99Mp

P/E TTM 73.5×p

EV/EBITDA 22.1×p

EV/EBIT 22.1×p

P/B 1.2×p

P/S TTM 0.79×p

EPS TTM 0.52

FCF yield 6.0%p

Dividend yield 2.8%p

Revenue growth -4.6%

Gross margin 29.6%

Operating margin 4.7%

Net margin 1.1%

FCF margin 4.8%

ROIC 4.1%

Payout 207.0%

Net debt/EBITDA 5.4×

52-week range

252 trading days

20.11 38.04 (75%) 43.87

Figures as at 2025-12-31, reported in EUR. The newest fact in the filings is dated 2026-01-01, 237 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.3

SBC / sales 0.0%

OE margin 4.8%

Oper. margin 4.7%

Adj. EBITDA margin 4.7%

ROIC 4.1%

Valuation

What does the price ask for what the company earns, owns and pays out?

7.2

EV/OE 21.9×

EV/EBIT 22.1×

Resilience

Can the balance sheet absorb a bad year?

2.2

Current ratio 1.5×

ND/EBITDA -0.24

Interest cover 2.1×

Growth

Is the business getting bigger, and is it getting more profitable?

1.0

Sales/sh Y/Y -4.6%

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.

The ratios

The figures themselves rather than their scores — what somebody looking up MRN.PA on one particular measure came for.

Ratio	Value
cash operating margin	4.75
current ratio	1.47
current ratio reported	1.47
ev ebit	22.1
ev owner earnings	21.95
ev sales	1.05
fcf margin	4.78
interest cover	2.12
net debt ebitda	5.39
operating margin	4.75
owner earnings margin	4.78
revenue growth	-4.6
revenue growth per share	-4.6
roic	4.1
rule of 40	0.15
sbc pct revenue	0.0

The figures, and where each came from

This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.

Figure	Value	XBRL tag	As at
capex	129,300,000	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	2025-12-31
cash	86,300,000	`CashAndCashEquivalents`	2026-01-01
current assets	557,500,000	`CurrentAssets`	2026-01-01
current liabilities	378,300,000	`CurrentLiabilities`	2026-01-01
equity	782,800,000	`EquityAttributableToOwnersOfParent`	2026-01-01
interest expense	26,600,000	`FinanceCosts`	2025-12-31
ocf	186,000,000	`CashFlowsFromUsedInOperatingActivities`	2025-12-31
revenue	1,186,400,000	`RevenueFromContractsWithCustomers`	2025-12-31

What to be careful about

revenue is annual, not TTM
operating income is annual, not TTM
no current stock compensation tagged; treated as zero, so owner earnings are overstated
no usable diluted share count, so growth is measured on total revenue rather than per share; a company issuing shares to fund that growth reads better than it is
no forward EPS estimate; growth rests on filings only. Analyst consensus is not published in XBRL, so it has to be fetched from a data provider or set by hand in overrides.yaml as `eps_growth_2y`
durability DROPPED from the total: only 0 of 4 inputs could be computed (worst year, contracted coverage, gross margin stability, cash flow stability not tagged), so the score is not meaningful. Its weight is spread over the other dimensions

See it scored yourself

The dashboard puts MRN.PA beside other companies and lets you change what counts: the weight of each dimension, the value that earns a ten, and which of the 61 measures are included at all.