Mercialys SA

ENXTPA:MERY Stock Report

Market Cap: €1.1b

Mercialys Management

Management criteria checks 2/4

Mercialys' CEO is Vincent Ravat, appointed in Feb 2019, has a tenure of 7.5 years. total yearly compensation is €2.76M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €2.35M. The average tenure of the management team and the board of directors is 1.8 years and 8.2 years respectively.

Key information

Vincent Ravat

Chief executive officer

€2.8m

Total compensation

CEO salary percentage17.79%
CEO tenure7.5yrs
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure8.2yrs

Recent management 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...

CEO Compensation Analysis

How has Vincent Ravat's remuneration changed compared to Mercialys's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

€21m

Mar 31 2026n/an/a

€27m

Dec 31 2025€3m€490k

€34m

Sep 30 2025n/an/a

€66m

Jun 30 2025n/an/a

€64m

Mar 31 2025n/an/a

€59m

Dec 31 2024€2m€430k

€54m

Sep 30 2024n/an/a

€56m

Jun 30 2024n/an/a

€59m

Mar 31 2024n/an/a

€56m

Dec 31 2023€2m€430k

€53m

Sep 30 2023n/an/a

€57m

Jun 30 2023n/an/a

€61m

Mar 31 2023n/an/a

€52m

Dec 31 2022€2m€430k

€43m

Sep 30 2022n/an/a

€43m

Jun 30 2022n/an/a

€43m

Mar 31 2022n/an/a

€53m

Dec 31 2021€831k€360k

€62m

Sep 30 2021n/an/a

€73m

Jun 30 2021n/an/a

€84m

Mar 31 2021n/an/a

€85m

Dec 31 2020€1m€360k

€86m

Sep 30 2020n/an/a

€86m

Jun 30 2020n/an/a

€86m

Mar 31 2020n/an/a

€88m

Dec 31 2019€1m€360k

€90m

Compensation vs Market: Vincent's total compensation ($USD3.19M) is above average for companies of similar size in the French market ($USD1.43M).

Compensation vs Earnings: Vincent's compensation has been consistent with company performance over the past year.


CEO

Vincent Ravat (52 yo)

7.5yrs
Tenure
€2,755,050
Compensation

Mr. Vincent Ravat has been the Chief Executive Officer at Mercialys since February 13, 2019 and also serves as Director since June 2022. He was Chief Operating Officer and MD of Mercialys until February 13...


Leadership Team

NamePositionTenureCompensationOwnership
Vincent Ravat
CEO & Director7.5yrs€2.76m0.21%
€ 2.3m
Nathalie Monfort
Marketing Directorno datano datano data
Camille Morel
Director of Human Resourcesno datano datano data
Fabrice Haurani
Deputy Managing Director1.8yrsno datano data
Philippine Bruyn
Deputy Managing Directorno datano datano data
Sarah Leroy
General Secretaryless than a yearno datano data
1.8yrs
Average Tenure
46.5yo
Average Age

Experienced Management: MERY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vincent Ravat
CEO & Director4.2yrs€2.76m0.21%
€ 2.3m
Jean-Louis Constanza
Independent Director3.8yrs€24.07k0.0036%
€ 40.3k
Éric Le Gentil
Chairman13.5yrs€305.17k0.031%
€ 341.0k
Victoire Boissier
Independent Director10.3yrs€45.25k0.0054%
€ 59.4k
Arnaud Le Mintier
Independent Director1.3yrs€23.17k0.00011%
€ 1.2k
Dominique Dudan – de Noyelle
Independent Director8.3yrs€50.75k0.0054%
€ 59.4k
Pascale Roque
Independent Director8.8yrs€46.00k0.0054%
€ 59.4k
Stéphanie Bensimon
Independent Director8.2yrs€52.00k0.0049%
€ 54.6k
Mael Aoustin
Independent Director3.6yrs€52.00k0.0043%
€ 47.6k
8.2yrs
Average Tenure
63yo
Average Age

Experienced Board: MERY's board of directors are considered experienced (8.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/07 09:26
End of Day Share Price 2026/08/07 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

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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

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