Mersen S.A./€MRN
1D1W1M3M6MYTD1Y5YMAX
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
€954M
63.01
€0.62
1.64
€0.90
2.30%
Price and volume
Market cap
€954M
Beta
1.64
52-week high
€45.06
52-week low
€20.55
Average daily volume
45K
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)
63.013
Price to revenue (TTM)
0.802
Price to book
1.18
Price to tangible book (TTM)
2.1
Price to free cash flow (TTM)
22.11
Free cash flow yield (TTM)
4.52%
Free cash flow per share (TTM)
1.773
Dividend yield (TTM)
2.30%
Forward dividend yield
2.30%
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%
What the Analysts think about Mersen S.A.
Analyst ratings (Buy, Hold, Sell) for Mersen S.A. stock.
Analyst projections of the future price of Mersen S.A. stock.
Bulls say / Bears say
Mersen posted record third-quarter sales of €329.2 million, up 14.2% organically, and raised its 2026 organic growth forecast for the second time this year to 6.5%–7.5%. The stronger outlook reflects accelerating growth across both business segments. (Mersen)
Electrical Power sales grew 22.8% organically in Q3, with data-centre demand, power electronics and wind supporting the business. Management expects data-centre revenue to exceed €40 million in 2026, roughly double last year’s level. (Mersen, Investing.com)
A new GE Vernova selection gives Mersen work supplying power-grid stabilisation systems for Saudi Arabia, with manufacturing expected to continue through 2028. It adds a concrete project tied to investment in grids and renewable power. (Mersen)
Parts of Advanced Materials remain weak: Mersen expects low deliveries to silicon-carbide customers and subdued solar and chemicals markets. Management says a meaningful SiC recovery may not arrive before late 2027, limiting the segment’s near-term contribution. (Mersen, Investing.com)
The sales forecast has improved, but Mersen kept its 2026 EBITDA and operating margin ranges unchanged and expects EBITDA margin around the midpoint. Higher-than-expected inflation and a less favourable product mix are weighing on the margin outlook. (Mersen)
Cash generation and leverage remain important watchpoints: net debt was €400 million, or 2.3 times leverage, at the half-year, while working capital absorbed about €45 million. With €80–90 million of 2026 capital spending planned, cash conversion will matter. (Investing.com, Mersen)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
Mersen S.A. Financial Performance
Revenues and expenses
Mersen S.A. Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Mersen S.A.
AllUSDEURGBP
Fund name | Fund size | €MRN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.07% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.07% |
L&G Global Quality Dividends£LDGG | $353M | 0.03% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
iShares MSCI World Small Cap$WSML | $9B | 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.