Mercury Systems, Inc., a technology company, manufactures and sells components, modules, and subsystems in the United States, Europe, and the Asia Pacific. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Mercury Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRCY has not had significant price volatility in the past 3 months.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: MRCY exceeded the US Aerospace & Defense industry which returned -34.5% over the past year.
Return vs Market: MRCY underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is Mercury Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWhat Do The Returns On Capital At Mercury Systems (NASDAQ:MRCY) Tell Us?
2 weeks ago | Simply Wall StHere's Why I Think Mercury Systems (NASDAQ:MRCY) Is An Interesting Stock
1 month ago | Simply Wall StWhy Mercury Systems, Inc. (NASDAQ:MRCY) Could Be Worth Watching
Is Mercury Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MRCY ($71.03) is trading above our estimate of fair value ($46.51)
Significantly Below Fair Value: MRCY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRCY is poor value based on its PE Ratio (45.2x) compared to the US Aerospace & Defense industry average (20.1x).
PE vs Market: MRCY is poor value based on its PE Ratio (45.2x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: MRCY is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: MRCY is overvalued based on its PB Ratio (2.8x) compared to the US Aerospace & Defense industry average (2.1x).
How is Mercury Systems forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRCY's forecast earnings growth (11% per year) is above the savings rate (2.2%).
Earnings vs Market: MRCY's earnings (11% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: MRCY's earnings are forecast to grow, but not significantly.
Revenue vs Market: MRCY's revenue (8.9% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: MRCY's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MRCY's Return on Equity is forecast to be high in 3 years time
How has Mercury Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRCY has high quality earnings.
Growing Profit Margin: MRCY's current net profit margins (10.8%) are higher than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: MRCY's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: MRCY's earnings growth over the past year (81.2%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: MRCY earnings growth over the past year (81.2%) exceeded the Aerospace & Defense industry 1.8%.
Return on Equity
High ROE: MRCY's Return on Equity (6.2%) is considered low.
How is Mercury Systems's financial position?
Financial Position Analysis
Short Term Liabilities: MRCY's short term assets ($634.8M) exceed its short term liabilities ($125.9M).
Long Term Liabilities: MRCY's short term assets ($634.8M) exceed its long term liabilities ($100.0M).
Debt to Equity History and Analysis
Debt Level: MRCY is debt free.
Reducing Debt: MRCY had no debt 5 years ago.
Debt Coverage: MRCY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MRCY has no debt, therefore coverage of interest payments is not a concern.
What is Mercury Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MRCY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MRCY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MRCY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MRCY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MRCY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Aslett (52 yo)
Mr. Mark Aslett has been the President and Chief Executive Officer of Mercury Systems, Inc. (formerly, Mercury Computer Systems, Inc.) since joining on November 19, 2007. Mr. Aslett served as the Chief Exe ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD5.54M) is about average for companies of similar size in the US market ($USD5.63M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.
|Executive VP||2.58yrs||US$2.12m||0.22% |
|Executive VP & COO||4.75yrs||US$2.20m||0.44% |
|Executive VP||4.17yrs||US$1.50m||0.13% |
|Chief Technology Officer||no data||no data||no data|
|VP, Chief Accounting Officer & Controller||2.58yrs||no data||0.020% |
|Senior VP & Chief Information Officer||2.75yrs||no data||no data|
|Director of Corporate & Investor Communications||6yrs||no data||no data|
|Senior VP & Chief Marketing Officer||1.08yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||4.25yrs||no data||no data|
Experienced Management: MRCY's management team is considered experienced (4.2 years average tenure).
|Independent Director||10.75yrs||US$202.02k||0.11% |
|Independent Chairman of the Board||10.75yrs||US$259.02k||0.15% |
|Independent Director||11.92yrs||US$227.02k||0.10% |
|Independent Director||10.75yrs||US$234.02k||0.14% |
|Independent Director||0.75yr||US$264.91k||0.0056% |
|Independent Director||1.92yrs||US$202.02k||0.012% |
|Independent Director||3.25yrs||US$202.02k||0.018% |
|Independent Director||3.25yrs||US$214.02k||0.018% |
Experienced Board: MRCY's board of directors are seasoned and experienced ( 10.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MRCY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mercury Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Mercury Systems, Inc.
- Ticker: MRCY
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$3.978b
- Shares outstanding: 56.00m
- Website: https://www.mrcy.com
Number of Employees
- Mercury Systems, Inc.
- 50 Minuteman Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRCY||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1998|
|MCY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1998|
Mercury Systems, Inc., a technology company, manufactures and sells components, modules, and subsystems in the United States, Europe, and the Asia Pacific. The company’s products and solutions are deployed ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 03:55|
|End of Day Share Price||2020/10/29 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.