Mersen (CBE0) Stock Overview

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. More details

CBE0 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 36.1% below our estimate of its fair value

Earnings are forecast to grow 21.46% per year

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Has a high level of debt

Large one-off items impacting financial results

Profit margins (4%) are lower than last year (6.2%)

+ 1 more risk

CBE0 Community Fair Values

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Mersen S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mersen
Historical stock prices
Current Share Price	€4.76
52 Week High	€5.15
52 Week Low	€2.76
Beta	1.33
1 Month Change	22.68%
3 Month Change	-3.64%
1 Year Change	46.91%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	46.91%

Recent updates

Shareholder Returns

	CBE0	DE Electrical	DE Market
7D	4.4%	4.7%	-2.8%
1Y	46.9%	122.1%	8.9%

Return vs Industry: CBE0 underperformed the German Electrical industry which returned 131.5% over the past year.

Return vs Market: CBE0 exceeded the German Market which returned 10% over the past year.

Price Volatility

Is CBE0's price volatile compared to industry and market?
CBE0 volatility
CBE0 Average Weekly Movement	15.3%
Electrical Industry Average Movement	7.5%
Market Average Movement	5.1%
10% most volatile stocks in DE Market	12.7%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: CBE0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: CBE0's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1889	7,297	Luc Themelin	www.mersen.com

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

Mersen S.A. Fundamentals Summary

How do Mersen's earnings and revenue compare to its market cap?
CBE0 fundamental statistics
Market cap	€596.50m
Earnings (TTM)	€49.40m
Revenue (TTM)	€1.23b

12.1x

P/E Ratio

0.5x

P/S Ratio

Is CBE0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CBE0 income statement (TTM)
Revenue	€1.23b
Cost of Revenue	€865.60m
Gross Profit	€364.40m
Other Expenses	€315.00m
Earnings	€49.40m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Mar 18, 2026

Earnings per share (EPS)	2.03
Gross Margin	29.63%
Net Profit Margin	4.02%
Debt/Equity Ratio	67.0%

How did CBE0 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/21 06:57
End of Day Share Price	2026/01/21 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mersen S.A. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rupesh Madlani	Barclays
Arindam Basu	Barclays
Giovanni Selvetti	Berenberg

Mersen S.A.BST:CBE0 Stock Report