MERSEN (MRN) AI Stock Analysis

• Market Cap: €533.60M
• Dividend Yield: 3.94%
• Average Volume (3M): 39.22K
• Price to Earnings (P/E): 41.3
• Beta (1Y): 1.19
• Revenue Growth: 0.23%
• EPS Growth: -35.65%
• Country: FR
• Employees: 7,066
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.62
• Shares Outstanding: 24,418,312
• 10 Day Avg. Volume: 45,390
• 30 Day Avg. Volume: 39,223
• PEG Ratio: -0.28
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.40
• P/FCF Ratio: -22.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €29.00
• Price Target Upside: 27.75% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2.48
• Revenue Forecast (FY): €1.23B

• Rating: 63 Neutral
• Price Target: €27.00 ▲(18.94% Upside)
• Action: Reiterated Date: 11/07/25
• Date: Action: Reiterated 11/07/25

Mersen's stock score reflects a mix of strong valuation and financial performance, offset by bearish technical indicators. The company's attractive P/E ratio and dividend yield are significant positives, but declining profitability metrics and negative cash flow pose risks. Technical analysis indicates potential for further downside, although oversold conditions could attract buyers.

Positive Factors

Diversified end markets / energy transition exposure

Mersen's exposure to renewables, semiconductors and aerospace creates durable demand tailwinds from electrification and digitalization. Broad end-market exposure reduces cyclical risk, supports multi-year orderbooks and underpins sustained R&D and product investment.

Negative Factors

Negative free cash flow from high capex

Sustained negative free cash flow driven by sizable capex constrains discretionary spending and limits liquidity cushions. If capex does not quickly translate to higher operating returns, the company may need external financing or must slow investments, affecting long-term growth plans.

MERSEN Business Overview & Revenue Model

Company Description

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through Advanced Materials and Electrical Power segments. The company of...

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Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through Advanced Materials and Electrical Power segments. The company of...

How the Company Makes Money

MERSEN generates revenue through multiple streams, primarily by selling its specialized electrical and advanced material products to various industries. Key revenue streams include the manufacture of electrical protection devices like fuses and su...

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MERSEN generates revenue through multiple streams, primarily by selling its specialized electrical and advanced material products to various industries. Key revenue streams include the manufacture of electrical protection devices like fuses and su...

MERSEN Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.23B	1.24B	1.21B	1.11B	922.80M	847.20M
Gross Profit	364.40M	385.80M	385.40M	348.00M	289.80M	251.60M
EBITDA	183.50M	179.80M	191.40M	171.10M	141.50M	120.50M
Net Income	49.40M	59.00M	81.60M	67.70M	54.40M	-12.00M
Balance Sheet
Total Assets	1.83B	1.80B	1.54B	1.44B	1.29B	1.20B
Cash, Cash Equivalents and Short-Term Investments	161.60M	71.10M	64.50M	97.70M	83.50M	136.70M
Total Debt	609.20M	477.50M	330.80M	393.80M	329.20M	363.50M
Total Liabilities	1.01B	919.00M	717.80M	745.40M	660.30M	662.00M
Stockholders Equity	792.20M	850.20M	788.20M	661.30M	602.30M	509.20M
Cash Flow
Free Cash Flow	32.80M	-22.60M	-8.00M	8.20M	24.10M	69.10M
Operating Cash Flow	218.20M	194.00M	179.30M	105.50M	116.80M	132.70M
Investing Cash Flow	-265.00M	-279.90M	-183.70M	-96.30M	-93.90M	-74.40M
Financing Cash Flow	130.00M	96.70M	-17.10M	11.90M	-78.20M	4.70M

MERSEN Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:MRN, the sentiment is Negative. The current price of 22.7 is below the 20-day moving average (MA) of 24.75, below the 50-day MA of 25.57, and below the 200-day MA of 23.74, indicating a bearish trend. The MACD of -1.05 indicates Positive momentum. The RSI at 35.82 is Neutral, neither overbought nor oversold. The STOCH value of 26.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:MRN.

MERSEN Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDG	74 Outperform	€630.77M	6.74	8.42%	1.61%	1.91%	-4.82%
LR	67 Neutral	€34.69B	26.81	17.16%	1.73%	12.62%	17.18%
EXE	66 Neutral	€228.02M	4.09	―	3.00%	-10.58%	-47.82%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MRN	63 Neutral	€533.60M	41.31	6.02%	3.94%	0.23%	-35.65%
JCQ	63 Neutral	€439.84M	41.46	1.38%	0.99%	-7.44%	85.42%
NEX	60 Neutral	€5.08B	15.57	25.83%	2.08%	12.65%	81.77%