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Mersen SA (MRN) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Mersen SA stock €15.54, price €35.70, that is 56.5% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials FR · ISIN FR0000039620

MS Mersen SA logo Some data Nov 7, 2026

Mersen SA

MRN · PA
Very expensive, weak quality

Our calculation puts a fair price 56% below what the stock costs today.

Low debt
Generates free cash flow
2.5% dividend yield · Well covered
Mixed Growth (revenue 5y +7.0 %/yr in EUR)
Thin margins · 1.3% net margin (TTM)
Mixed vs. peers (6/15)
Some data
Fair value €15.54 · Strongly overvalued
Quality 39/100
Narrow moat 30/100 · thin data
⚠ Dilution
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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€43.96 €16.40 Fair Value €15.54 Sep 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.

How to read this chart

60‑month range €16.40 – €43.96 · fair‑value band €13.46 – €16.83 · the €35.70 price screens above the €15.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.

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Company profile

Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through two segments, Electrical Power and Advanced Materials.

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The company offers fuses, fuse holders and systems, surge protection, accessories, power distribution blocks, IEC fuse switch disconnectors, low-voltage and high power switches, capacitors, cooling, power transfer for rail, isostatic and extruded graphite, bus bar, engineered panels, graphite bursting discs, and heat exchangers, as well as PTFE bellows, pipes, and fittings products and solutions.

It also provides carbon brushes, brush-holders, carbon insulation, SSiC, process technologies, carbon/carbon composite, slip rings, DC protection for EV and batteries, corrosion resistant materials, brush gear assembly housing, signal and power transfer systems, dust collectors, industrial current collectors, and power stacks, as well as columns, reactors, and pressure vessels products and solutions.

In addition, the company offers simulation tools, on-site maintenance, power stack design optimization, motor maintenance, wind services, electrical test lab, and knowledge center, as well as training for process industries and energy production solutions.

It serves semiconductors; electric vehicles; battery energy storage system; solar; wind; railways and metros; aerospace; chemicals; building and infrastructure; electrical power distribution; and energy conversion.

The company was formerly known as Groupe Carb/one Lorraine SA and changed its name to Mersen S.A. in May 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.

Stock analysis

Mersen SA (MRN) currently trades at €35.70, while our model-based Fair Value estimate is €15.54, 56% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of €48.95 per share, and 6 of the 24 models we run sit above the €35.70 price.

Bear case: the Dividend Discount group reads lowest at €8.35, and 18 of the 24 models stay below the price. Data coverage for this calculation is medium.

Scenario range: €13.46 (bear) to €16.83 (bull), the price of €35.70 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 39/100 (below-average quality), in the Industrials sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Mersen SA reported revenue of €1.2B in FY2025 versus €923M in FY2021, a compound +6.5%/yr. Reported net income was €12.8M in FY2025, compounding −30.4%/yr from FY2021.

Key figures

Market cap €890M Small · P/E ratio 59.5 · P/S ratio 0.75 · EPS (TTM) €0.6000 · Dividend yield 2.5% · Net margin 1.3% · Return on equity 1.8% · Return on assets (EBIT) 7.1% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).

What moves the price

The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.

The share trades about 19% below its 52-week high and 78% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −56%, MRN screens richer than that median.

Fair Value models

Bear €13.46 Fair Value €15.54 Bull €16.83
Price €35.70 · Downside -56.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF €4.86 €9.82 €15.41 78
Growth DCF €4.98 €9.41 €14.19 77
Residual Income €17.27 €18.28 €19.80 76
All 24 models by family
DCF Models
FCF DCF €4.86 €9.82 €15.41 78
5Y Revenue Exit €15.83 €32.36 €52.92 70
5Y EBITDA Exit €30.82 €59.14 €91.13 73
5Y P/E Exit n/a €3.22 €6.81 68
10Y Revenue Exit €9.51 €21.35 €36.26 64
10Y EBITDA Exit €18.00 €36.20 €59.12 66
10Y P/E Exit €1.93 €5.20 €8.68 61
Earnings-Based
Graham-Dodd €3.58 €8.78 €11.37 65
PEG = 1.0 €1.58 €2.25 €2.93 57
EPV €12.59 €15.38 €17.61 74
Dividend Discount
Gordon GGM €5.88 €8.77 €11.28 69
DDM Multi-Stage €5.88 €7.93 €9.66 67
Multiples
P/E Multiple €8.30 €11.07 €13.84 63
P/S Multiple €6.72 €8.96 €11.20 58
P/B Multiple €60.65 €80.86 €101.08 55
EV/EBIT €38.84 €57.93 €77.03 65
EV/EBITDA €58.00 €83.49 €108.97 67
EV/Revenue €22.43 €39.96 €57.48 52
Asset-Based
NCAV (Graham) €8.98 €12.04 €17.97 54
Growth DCF
Growth DCF €4.98 €9.41 €14.19 77
Rev-Margin DCF €15.83 €32.43 €50.26 71
Economic Profit
Residual Income €17.27 €18.28 €19.80 76
ROIC Compounder €12.59 €15.38 €17.61 72
Growth Earnings
Growth-Adj P/E €6.36 €9.09 €11.81 67

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 39/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 29
How much profit the company makes from its sales and capital
Quality Growth 23
Are margins and returns getting better?
Cashflow 45
Do the profits arrive as real cash?
Financial strength 50
Debt, balance sheet and risk of trouble
Investment 64
Does it invest with discipline instead of growing at any price?
Low Volatility 24
How calm the share price moves, does not count
Price momentum 57
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 82
Distance to the 52-week high, does not count
New shares 34
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−4.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.0%
Start year 2020 (pandemic). Over 10 years: +4.5% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.6%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+6.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.3%
Dividend (yield on the price)2.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: −25.5% / 21.7%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.2% → 9%
Pace: the 5-year rate starts in 2020 (pandemic)

Growth Forecast

A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+28.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +26.0% a year for the price and +3.8% for the forecasts.
Forecast 2026 (sales)+4.1%
Forecast 2027 (sales)+7.6%
Projected 2028 (sales)+6.9%
Projected 2029 (sales)+6.2%
Projected 2030 (sales)+5.5%

MRN screens overvalued: fair value 56% below the price. Compare with Contemporary Amperex Technology Co →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 564 stocks

Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 39 · Bottom 25%
Fair Value upside −56.5% · Below median
Profitability
Return on equity (12 months) 1.8% · Below median
Return on assets 0.8% · Below median
Net margin (12 months) 1.3% · Below median
Operating margin (12 months) 9.2% · Above median
Growth and dividend
Revenue growth (quarter YoY) 0.2% · Below median
Dividend yield (12 months) 2.5% · Above median
Balance sheet
Debt / equity 0.50× · Highest 25%

Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper

P/E (12 months) 59.5× · Priciest 25%
P/B 1.14× · Cheapest 25%
P/S (12 months) 0.75× · Cheapest 25%
Price / free cash flow (fiscal year) 24.9× · Cheaper than median
EV/EBITDA 7.0× · Cheapest 25%
PEG 4.72× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)1 · sector 66
PAST (return on equity)7 · sector 25
HEALTH (low debt)75 · sector 97
DIVIDEND (yield)50 · sector 23

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Contemporary Amperex Technology Co 300750 ¥254.22 ¥648.35 +155% vs MRN
Sungrow Power Supply Co 300274 ¥81.97 ¥182.32 +122% vs MRN
NARI Technology Co 600406 ¥23.86 ¥29.39 +23% vs MRN
Vertiv Holdings VRT $182.86 $178.64 −2% vs MRN
Prysmian S.p.A PRY €101.00 €64.29 −36% vs MRN
Legrand SA LR €129.65 €82.49 −36% vs MRN
ABB Ltd ABBN CHF 66.98 CHF 29.62 −56% vs MRN
Samsung SDI Co 006400 468,000 KRW 153,766 KRW −67% vs MRN
Delta Electronics (Thailand) Public Company DELTA 177.00 THB 39.14 THB −78% vs MRN
LG Energy Solution, Ltd 373220 337,500 KRW 53,325 KRW −84% vs MRN

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Cite: Fair Value Calculator (2026). "Mersen SA Fair Value". https://www.fairvalue-calculator.com/stock/MRN

Frequently asked questions

Is Mersen SA (MRN) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €15.54 versus a price of €35.70, about 56% lower (overvalued).
What is the fair value of MRN?
Our model-based fair value for Mersen SA is €15.54 (as of Nov 7, 2026), built from audited fundamentals. The current price: €35.70.
What is the quality score of MRN?
Mersen SA has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Mersen SA (MRN)?
Our model-based price target is the fair value of €15.54 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario €13.46, optimistic scenario €16.83. It is a calculation from audited fundamentals, not an analyst target.
What is the Mersen SA stock forecast for 2026?
Our models put fair value at €15.54, about 56% lower versus a price of €35.70 (overvalued). Cautious scenario €13.46, optimistic scenario €16.83. The calculation is refreshed regularly with new filings.
What is the revenue of Mersen SA (MRN)?
Mersen SA reported trailing-twelve-month revenue of about €1.2B (latest available figure, as of Nov 7, 2026).
Does Mersen SA pay a dividend?
Mersen SA currently shows a dividend yield of 2.52% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Mersen SA (MRN) and when is the ex-dividend date?
Mersen SA pays a dividend of €0.9 per share a year, a dividend yield of 2.5%. The last ex-dividend date was Jul 7, 2026. A dividend has been paid every year since 2021. The payout ratio is 38.6% of earnings (on adjusted earnings, reported 150%). Free cash flow covers the dividend 1.63 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Mersen SA (MRN)?
For today's price to be fair in a discounted-cash-flow model, Mersen SA would have to grow free cash flow by +28.7 % per year for five years (discount rate 13.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.0 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of MRN use?
Our models discount Mersen SA at 13.5 %: a base by market capitalisation (small), damped by beta 1.58, country premium for France. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Mersen SA that is +28.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.5 %) and the same formula as our fair value.
How much growth has Mersen SA (MRN) delivered so far?
Over the past 5 years revenue at Mersen SA grew +7.0 % a year. The price currently implies free-cash-flow growth of +28.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Mersen SA (MRN) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Mersen SA (+28.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Mersen SA (MRN)?
The free-cash-flow yield on the price is 4.01 %: that much free cash flow Mersen SA produces per unit of market value. When it exceeds the discount rate of our models (13.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Mersen SA (MRN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mersen SA it is €15.54 per share (as of Nov 7, 2026), against a price of €35.70. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Mersen SA stock overvalued or undervalued in 2026?
As of Nov 7, 2026, MRN trades above its calculated fair value: price €35.70, fair value €15.54, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MRN?
No. The price is what the market pays today (€35.70); the fair value is what the company's own numbers justify (€15.54). For Mersen SA the two are €20.16 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mersen SA worth?
The market values Mersen SA at about €890M (market capitalisation, as of Nov 7, 2026). Per share that is €35.70; our models calculate a fair value of €15.54 per share.
What do the bullish and bearish scenarios say about MRN?
Our models span a range for Mersen SA: cautious scenario €13.46, base €15.54, optimistic €16.83 per share (as of Nov 7, 2026, price €35.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MRN?
Mersen SA trades at a price-to-earnings ratio of 59.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €15.54 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 15.9 (reported for FY2025: 61.8). Other multiples: PEG 4.7, P/B 1.1, P/S 0.8, EV/EBITDA 7.0.
What is the PEG ratio of MRN?
The PEG ratio of Mersen SA is 4.72 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Mersen SA (MRN)?
Balance-sheet figures for Mersen SA (as of Nov 7, 2026): return on equity 1.8%, debt of 0.50 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is MRN from its 52-week high?
Mersen SA trades at €35.70, about 19% below its 52-week high of €43.96 and 78% above the low of €20.11 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €15.54 is for.
Which stocks are comparable to Mersen SA?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mersen SA stock attractive at the current price?
The data as of Nov 7, 2026: price €35.70, calculated fair value €15.54 (−56%), Quality Score 39/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MRN calculated?
We run Mersen SA through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €15.54 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Mersen SA itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Mersen SA (MRN)?
The closing price on Nov 6, 2026 was €35.70. Our model-based fair value is €15.54, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mersen SA right now?
The price sits above even our optimistic bull case (€16.83). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.

Key figures of Mersen SA

How large is the market capitalisation of Mersen SA (MRN)?
The market capitalisation of Mersen SA is €890M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mersen SA (MRN)?
The price-to-sales ratio of Mersen SA is 0.75 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mersen SA (MRN)?
Earnings per share at Mersen SA are €0.6000 (price ÷ EPS = P/E 59.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mersen SA (MRN)?
The dividend yield of Mersen SA is 2.5% (payout 38.6%, on adjusted earnings, reported 150%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Mersen SA (MRN)?
The net margin of Mersen SA is 1.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mersen SA (MRN)?
The return on equity (ROE) of Mersen SA is 1.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mersen SA (MRN)?
On an EBIT basis the return on assets of Mersen SA is 7.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mersen SA (MRN)?
The operating margin of Mersen SA is 9.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mersen SA (MRN)?
Revenue at Mersen SA is growing +0.2% versus a year earlier (3y avg +2.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mersen SA (MRN)?
Earnings per share at Mersen SA are growing +4.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Mersen SA (MRN) carry?
The net debt of Mersen SA is €448M (fiscal year 2025, ≈ 12.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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