Share Price & News
How has Mersen's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
1 Year Return
Return vs Industry: MRN underperformed the French Electrical industry which returned 28.1% over the past year.
Return vs Market: MRN underperformed the French Market which returned 9.6% over the past year.
Price Volatility Vs. Market
How volatile is Mersen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StDoes Mersen S.A.'s (EPA:MRN) Recent Track Record Look Strong?
2 weeks ago | Simply Wall StWe Think Mersen (EPA:MRN) Can Stay On Top Of Its Debt
3 weeks ago | Simply Wall StDoes Mersen S.A.'s (EPA:MRN) P/E Ratio Signal A Buying Opportunity?
Is Mersen undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: MRN (€27.5) is trading above our estimate of fair value (€26.82)
Significantly Undervalued: MRN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRN is good value based on its PE Ratio (9.2x) compared to the Electrical industry average (13.7x).
PE vs Market: MRN is good value based on its PE Ratio (9.2x) compared to the French market (17.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: MRN is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: MRN is good value based on its PB Ratio (1.1x) compared to the FR Electrical industry average (2.3x).
How is Mersen forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRN's forecast earnings growth (3.7% per year) is above the savings rate (0.7%).
Earnings vs Market: MRN's earnings (3.7% per year) are forecast to grow slower than the French market (11.4% per year).
High Growth Earnings: MRN's earnings are forecast to grow, but not significantly.
Revenue vs Market: MRN's revenue (2.5% per year) is forecast to grow slower than the French market (4.5% per year).
High Growth Revenue: MRN's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: MRN's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Mersen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: MRN has become profitable over the past 5 years, growing earnings by 61.2% per year.
Accelerating Growth: MRN's earnings growth over the past year (32.3%) is below its 5-year average (61.2% per year).
Earnings vs Industry: MRN earnings growth over the past year (32.3%) exceeded the Electrical industry 1.3%.
Return on Equity
High ROE: MRN's Return on Equity (11.9%) is considered low.
Return on Assets
ROA vs Industry: MRN has a higher Return on Assets than the Electrical industry average last year.
Return on Capital Employed
ROCE Improving: MRN has significantly improved its Return on Capital Employed over the past 3 years.
How is Mersen's financial position?
Financial Position Analysis
Short Term Liabilities: MRN's short term assets (€509.0M) exceeds its short term liabilities (€292.2M)
Long Term Liabilities: MRN's short term assets (509.0M) exceeds its long term liabilities (396.9M)
Debt to Equity History and Analysis
Debt Level: MRN's debt to equity ratio (58.7%) is considered high
Reducing Debt: MRN's debt to equity ratio has reduced from 58.8% to 58.7% over the past 5 years.
Debt Coverage: MRN's debt is well covered by operating cash flow (31.6%).
Interest Coverage: MRN's interest payments on its debt are well covered by EBIT (9.4x coverage).
Inventory Level: MRN has a high level of physical assets or inventory.
Debt Coverage by Assets: MRN's debt is covered by short term assets (assets are 1.617410x debt).
What is Mersen's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: MRN's dividend (3.45%) is higher than the bottom 25% of dividend payers in the French market (1.53%).
High Dividend: MRN's dividend (3.45%) is low compared to the top 25% of dividend payers in the French market (4.64%).
Stable Dividend: MRN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.9%), MRN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MRN's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
What is the CEO of Mersen's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Luc Themelin (58yo)
Mr. Luc Themelin has been the Chief Executive Officer at Mersen S.A. since May 11, 2016. Mr. Themelin served as Chairman of the Management Board at Mersen S.A. since August 24, 2011 until May 2016 and its ...
CEO Compensation Analysis
Compensation vs. Market: Luc's total compensation ($USD1.19M) is about average for companies of similar size in the French market ($USD672.40K).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
Management Age and Tenure
Experienced Management: MRN's management team is seasoned and experienced (8.8 years average tenure).
Board Age and Tenure
Experienced Board: MRN's board of directors are considered experienced (5.9 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Véronique Boca (54yo)
VP - Communication
- Tenure: 8.1yrs
Luc Themelin (58yo)
Chief Executive Officer
- Tenure: 3.4yrs
- Compensation: €1.07m
Thomas Baumgartner (48yo)
CFO and Group VP of Finance & Administration
- Tenure: 9.6yrs
- Compensation: €359.05k
Christophe Bommier (59yo)
Group VP of Technology
- Tenure: 0yrs
- Compensation: €341.42k
Group Vice President of Human Resources
- Tenure: 9.4yrs
Dominique Gaillard (59yo)
- Tenure: 10.8yrs
- Compensation: €19.55k
Olivier Legrain (67yo)
- Tenure: 2.4yrs
- Compensation: €106.72k
Henri-Dominique Petit (71yo)
- Tenure: 12.4yrs
- Compensation: €31.13k
Michel Crochon (68yo)
- Tenure: 2.4yrs
- Compensation: €30.24k
Yann Chareton (41yo)
- Tenure: 10.8yrs
- Compensation: €20.40k
Catherine Delcroix (68yo)
- Tenure: 4.6yrs
- Compensation: €27.50k
Ulrike Steinhorst (68yo)
- Tenure: 6.4yrs
- Compensation: €28.86k
Carolle Foissaud (53yo)
- Tenure: 6.4yrs
- Compensation: €21.54k
Isabelle Azemard (67yo)
- Tenure: 5.4yrs
- Compensation: €22.55k
Pierre Creusy (57yo)
- Tenure: 2yrs
Mersen S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Mersen S.A.
- Ticker: MRN
- Exchange: ENXTPA
- Founded: 1892
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €568.261m
- Shares outstanding: 20.66m
- Website: https://www.mersen.com
Number of Employees
- Mersen S.A.
- Tour EQHO
- 2 avenue Gambetta
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRN||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|CBE||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0Q6Q||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|MRNP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|CBLN.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Oct 2008|
Mersen S.A. manufactures and sells electrical power products and advanced materials worldwide. The company operates in Advanced Materials and Electrical Power segments. The Advanced Materials segment offer ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/17 20:41|
|End of Day Share Price||2019/10/17 00:00|
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 here.