Mercialys SA

ENXTPA:MERY Stock Report

Market Cap: €1.0b

Mercialys Future Growth

Future criteria checks 4/6

Mercialys is forecast to grow earnings and revenue by 39.4% and 4.1% per annum respectively. EPS is expected to grow by 31.5% per annum. Return on equity is forecast to be 21.6% in 3 years.

Key information

39.4%

Earnings growth rate

31.46%

EPS growth rate

Retail REITs earnings growth5.7%
Revenue growth rate4.1%
Future return on equity21.65%
Analyst coverage

Good

Last updated06 Aug 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 16

MERY: Full Ownership Of Toulouse Retail Hub Will Support Future Income Resilience

Analysts have trimmed their price target on Mercialys to €13.78, reflecting updated assumptions around discount rates, revenue growth and profit margins following the recent downgrade highlighted in Street research. What's in the News Mercialys acquired a retail park of more than 8,200 sqm of GLA, including six mid-sized retail units fully let to brands such as Nike, Picard, Centrakor and Maxi Zoo, adjacent to its Shop•Park Toulouse Fenouillet site for €18.0 million including transfer tax.
Narrative Update • Jun 01

MERY: Higher Yielding Retail Parks Will Support Future Footfall And Income Resilience

Narrative Update: Mercialys The analyst price target for Mercialys has been trimmed by about €0.08 per share as analysts factor in slightly higher discount rate assumptions, while still pointing to support from higher yielding retail exposure in a higher rate setting. Analyst Commentary Recent research on Mercialys reflects a mix of optimism around its retail exposure and caution around valuation and execution risks, especially as funding costs and discount rate assumptions adjust.
Narrative Update • May 02

MERY: Higher Yielding Retail Assets Will Support Future Footfall And Margin Resilience

Analysts have lifted their price target on Mercialys from about €12.62 to around €13.87. They cite expectations for higher profit margins, a slightly stronger revenue profile and a lower assumed forward P/E multiple, supported by views that higher yielding retail real estate can offer some protection against elevated rates and inflation.
Narrative Update • Mar 02

MERY: Food Anchors And Footfall Gains Will Support A Balanced Outlook

Narrative Update Analysts have trimmed their price target on Mercialys from €13.20 to €12.62, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Leclerc hypermarket has opened at the Phare de l'Europe SHOP*PARK in Brest, which the company says should strengthen the site's position within a key regional hub (Client Announcements).
User avatar
New Narrative • Feb 23

Suburban Retail Focus And ESG Leadership Will Strengthen Future Prospects

Strategic focus on suburban retail locations enhances revenue through increased demand driven by population shifts and preference for convenience.
Analysis Article • Feb 02

What Is The Ownership Structure Like For Mercialys (EPA:MERY)?

If you want to know who really controls Mercialys ( EPA:MERY ), then you'll have to look at the makeup of its share...

Earnings and Revenue Growth Forecasts

ENXTPA:MERY - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282041251591516
12/31/20271981171341276
12/31/2026188981351554
6/30/202618421155155N/A
3/31/202618227156156N/A
12/31/202518134157157N/A
9/30/202517966154154N/A
6/30/202517764152152N/A
3/31/202517859157157N/A
12/31/202418054162162N/A
9/30/202418056160160N/A
6/30/202418159158158N/A
3/31/202418056146146N/A
12/31/202317853134134N/A
9/30/202317757134134N/A
6/30/202317561134134N/A
3/31/202317452142142N/A
12/31/202217343150150N/A
9/30/202217443154154N/A
6/30/202217443158158N/A
3/31/202217353147147N/A
12/31/202117262136136N/A
9/30/202117073140140N/A
6/30/202116884144144N/A
3/31/202117285139139N/A
12/31/202017586135135N/A
9/30/202018286131131N/A
6/30/202018886127127N/A
3/31/202019088N/A141N/A
12/31/201919290N/A155N/A
9/30/201919182N/A160N/A
6/30/201919174N/A165N/A
3/31/201918977N/A166N/A
12/31/201818781N/A166N/A
9/30/201818681N/A160N/A
6/30/201818482N/A153N/A
3/31/201818584N/A159N/A
12/31/201718587N/A164N/A
9/30/201718898N/A173N/A
6/30/2017190110N/A182N/A
3/31/2017190110N/A166N/A
12/31/2016190110N/A150N/A
9/30/201618599N/A139N/A
6/30/201618088N/A127N/A
3/31/201617484N/A130N/A
12/31/201516980N/A133N/A
9/30/201516386N/A131N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MERY's forecast earnings growth (39.4% per year) is above the savings rate (2.6%).

Earnings vs Market: MERY's earnings (39.4% per year) are forecast to grow faster than the French market (12.7% per year).

High Growth Earnings: MERY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MERY's revenue (4.1% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: MERY's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MERY's Return on Equity is forecast to be high in 3 years time (21.6%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 17:32
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 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

Mercialys SA is covered by 11 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.

AnalystInstitution
Kai KloseBerenberg
Valerie Jacob GueziBernstein
Valerie Jacob GueziBNP Paribas