Mersen S.A./€MRN
1D1W1MYTD1Y5YMAX
Capital at risk
About Mersen S.A.
Mersen S.A. specializes in electrical power and advanced materials, serving industries such as energy, electronics, and transportation. Its core offerings include electrical protection and control products, such as fuses and surge protection devices, and advanced materials like graphite and carbon composites for high-temperature and corrosive environments. Founded in 1892, Mersen is headquartered in Courbevoie, France, with a presence in over 35 countries, allowing it to serve a diverse global clientele. The company leverages its technical expertise and global manufacturing capabilities to meet complex industrial requirements, positioning itself uniquely in the market for both electrical components and materials science applications.
- Ticker
- €MRN
- Sector
- Industrials
- Primary listing
- PAR
- Employees
- 7,575
- Headquarters
- Courbevoie, France
- Website
- www.mersen.com
Mersen S.A. Metrics
BasicAdvanced
€886M
58.69
€0.62
1.64
€0.90
2.47%
Price and volume
Market cap
€886M
Beta
1.64
52-week high
€45.06
52-week low
€20.55
Average daily volume
30K
Dividend rate
€0.90
Financial strength
Current ratio
1.48
Quick ratio
0.722
Long term debt to equity
0.517
Total debt to equity
0.628
Dividend payout ratio (TTM)
153.21%
Interest coverage (TTM)
4.36%
Profitability
EBITDA (TTM)
169.7
Gross margin (TTM)
29.94%
Net profit margin (TTM)
1.31%
Operating margin (TTM)
8.99%
Effective tax rate (TTM)
55.89%
Revenue per employee (TTM)
€160,000
Management effectiveness
Return on assets (TTM)
3.73%
Return on equity (TTM)
1.77%
Valuation
Price to earnings (TTM)
58.689
Price to revenue (TTM)
0.747
Price to book
1.1
Price to tangible book (TTM)
1.95
Price to free cash flow (TTM)
20.593
Free cash flow yield (TTM)
4.86%
Free cash flow per share (TTM)
1.773
Dividend yield (TTM)
2.47%
Forward dividend yield
2.47%
Growth
Revenue change (TTM)
-3.46%
Earnings per share change (TTM)
-68.74%
3-year revenue growth (CAGR)
-0.30%
10-year revenue growth (CAGR)
4.55%
3-year earnings per share growth (CAGR)
-43.29%
10-year earnings per share growth (CAGR)
13.67%
3-year dividend per share growth (CAGR)
-10.37%
10-year dividend per share growth (CAGR)
6.05%
Bulls say / Bears say
Mersen reported H1 2026 revenue of €611 million and recurring EBITDA of €97.4 million, reflecting solid underlying profitability in its dual-segment operations. (Reuters via Stockopedia)
After strong first-half momentum, Mersen upgraded its 2026 guidance to organic sales growth of 4–6%, recurring EBITDA margin of 16–16.5%, and recurring operating margin of 9–9.5%, signaling management confidence in sustainable profitable growth. (Reuters via Stockopedia)
Within its portfolio, the Electrical Power segment achieved 11.1% organic sales growth in H1 2026, driven by robust demand in data centers and power electronics, underscoring Mersen’s strategic position in electrification infrastructure. (Mersen)
The appreciation of the euro led to a €22 million negative currency effect in H1 2026, which muted reported revenue growth to just 0.2%. (Reuters via Stockopedia)
Working capital requirements surged to €44.6 million in H1 2026 from €7.5 million in H1 2025, driven by increased inventories and invoicing, which could strain cash flow. (Mersen)
H1 organic sales growth of 3.9% fell just below the lower end of the newly raised 4%–6% full-year target, suggesting a significant second-half acceleration will be required to meet guidance. (Reuters via Stockopedia)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2026.
Upcoming events
No upcoming events
Funds containing Mersen S.A.
AllEURGBPUSD
Fund name | Fund size | €MRN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.06% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.06% |
L&G Global Quality Dividends£LDGG | £279M | 0.03% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.