MERCIALYS (MERY.PA) Stock Fundamental Analysis
Europe - EPA:MERY - FR0010241638 - REIT
10.68 EUR
-0.14 (-1.29%)
We assign a fundamental rating of 4 out of 10 to MERY. MERY was compared to 38 industry peers in the Diversified REITs industry. While MERY is still in line with the averages on profitability rating, there are concerns on its financial health. MERY has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year MERY was profitable.
In the past year MERY had a positive cash flow from operations.
Each year in the past 5 years MERY has been profitable.
In the past 5 years MERY always reported a positive cash flow from operatings.
1.2 Ratios
MERY has a worse Return On Assets (1.28%) than 63.16% of its industry peers.
MERY's Return On Equity of 5.46% is in line compared to the rest of the industry. MERY outperforms 52.63% of its industry peers.
With a Return On Invested Capital value of 2.81%, MERY is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for MERY is in line with the industry average of 3.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 5.46% | ||
| ROIC | 2.81% |
ROA(3y)2.28%
ROA(5y)2.51%
ROE(3y)7.45%
ROE(5y)8.62%
ROIC(3y)4.41%
ROIC(5y)4.49%
1.3 Margins
MERY has a Profit Margin of 17.79%. This is in the lower half of the industry: MERY underperforms 60.53% of its industry peers.
In the last couple of years the Profit Margin of MERY has declined.
MERY has a Operating Margin of 43.31%. This is in the lower half of the industry: MERY underperforms 78.95% of its industry peers.
MERY's Operating Margin has declined in the last couple of years.
MERY has a better Gross Margin (95.26%) than 92.11% of its industry peers.
MERY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.31% | ||
| PM (TTM) | 17.79% | ||
| GM | 95.26% |
OM growth 3Y-0.44%
OM growth 5Y-1.55%
PM growth 3Y-6.05%
PM growth 5Y-8.66%
GM growth 3Y1.08%
GM growth 5Y0.54%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MERY is destroying value.
Compared to 1 year ago, MERY has less shares outstanding
The number of shares outstanding for MERY has been increased compared to 5 years ago.
The debt/assets ratio for MERY is higher compared to a year ago.
2.2 Solvency
MERY has an Altman-Z score of 0.52. This is a bad value and indicates that MERY is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MERY (0.52) is worse than 73.68% of its industry peers.
MERY has a debt to FCF ratio of 11.36. This is a negative value and a sign of low solvency as MERY would need 11.36 years to pay back of all of its debts.
MERY has a Debt to FCF ratio (11.36) which is comparable to the rest of the industry.
MERY has a Debt/Equity ratio of 2.29. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MERY (2.29) is worse than 94.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | 11.36 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.51
WACC5.53%
2.3 Liquidity
MERY has a Current Ratio of 1.11. This is a normal value and indicates that MERY is financially healthy and should not expect problems in meeting its short term obligations.
MERY's Current ratio of 1.11 is amongst the best of the industry. MERY outperforms 86.84% of its industry peers.
A Quick Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.11, MERY belongs to the best of the industry, outperforming 86.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
MERY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.87%.
Measured over the past years, MERY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.10% on average per year.
MERY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -34.45%.
The Revenue has been decreasing by -1.32% on average over the past years.
EPS 1Y (TTM)-64.87%
EPS 3Y-4.95%
EPS 5Y-10.1%
EPS Q2Q%-61.58%
Revenue 1Y (TTM)-34.45%
Revenue growth 3Y1.39%
Revenue growth 5Y-1.32%
Sales Q2Q%-3.09%
3.2 Future
The Earnings Per Share is expected to grow by 2.41% on average over the next years.
MERY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.89% yearly.
EPS Next Y-0.62%
EPS Next 2Y3.01%
EPS Next 3Y2.41%
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y3.74%
Revenue Next 3Y2.89%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MERY is valuated quite expensively with a Price/Earnings ratio of 31.41.
Compared to the rest of the industry, the Price/Earnings ratio of MERY indicates a slightly more expensive valuation: MERY is more expensive than 71.05% of the companies listed in the same industry.
MERY is valuated rather expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.94, the valuation of MERY can be described as reasonable.
MERY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MERY is cheaper than 78.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. MERY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 8.94 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MERY.
Based on the Price/Free Cash Flow ratio, MERY is valued cheaply inside the industry as 86.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.61 | ||
| EV/EBITDA | 16.95 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.01%
EPS Next 3Y2.41%
5. Dividend
5.1 Amount
MERY has a Yearly Dividend Yield of 9.51%, which is a nice return.
Compared to an average industry Dividend Yield of 5.98, MERY pays a better dividend. On top of this MERY pays more dividend than 92.11% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, MERY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.51% |
5.2 History
The dividend of MERY decreases each year by -1.82%.
Dividend Growth(5Y)-1.82%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
MERY pays out 297.27% of its income as dividend. This is not a sustainable payout ratio.
DP297.27%
EPS Next 2Y3.01%
EPS Next 3Y2.41%
EPA:MERY (11/14/2025, 7:00:00 PM)
10.68
-0.14 (-1.29%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners42.43%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.00B
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts75.38
Price Target12.94 (21.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.51% |
Yearly Dividend0.99
Dividend Growth(5Y)-1.82%
DP297.27%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-8.35%
EPS NY rev (3m)-11.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.98%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 8.94 | ||
| P/S | 5.67 | ||
| P/FCF | 6.61 | ||
| P/OCF | 6.61 | ||
| P/B | 1.74 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 16.95 |
EPS(TTM)0.34
EY3.18%
EPS(NY)1.19
Fwd EY11.19%
FCF(TTM)1.61
FCFY15.12%
OCF(TTM)1.61
OCFY15.12%
SpS1.88
BVpS6.13
TBVpS5.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 5.46% | ||
| ROCE | 3.83% | ||
| ROIC | 2.81% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.67% | ||
| OM | 43.31% | ||
| PM (TTM) | 17.79% | ||
| GM | 95.26% | ||
| FCFM | 85.79% |
ROA(3y)2.28%
ROA(5y)2.51%
ROE(3y)7.45%
ROE(5y)8.62%
ROIC(3y)4.41%
ROIC(5y)4.49%
ROICexc(3y)4.94%
ROICexc(5y)5.16%
ROICexgc(3y)4.95%
ROICexgc(5y)5.17%
ROCE(3y)6%
ROCE(5y)6.11%
ROICexgc growth 3Y4.57%
ROICexgc growth 5Y0.29%
ROICexc growth 3Y4.59%
ROICexc growth 5Y0.28%
OM growth 3Y-0.44%
OM growth 5Y-1.55%
PM growth 3Y-6.05%
PM growth 5Y-8.66%
GM growth 3Y1.08%
GM growth 5Y0.54%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | 11.36 | ||
| Debt/EBITDA | 9.75 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.3 | ||
| Cash Conversion | 111.91% | ||
| Profit Quality | 482.16% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 0.52 |
F-Score5
WACC5.53%
ROIC/WACC0.51
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)300.14%
Profit Quality(5y)255.17%
High Growth Momentum
Growth
EPS 1Y (TTM)-64.87%
EPS 3Y-4.95%
EPS 5Y-10.1%
EPS Q2Q%-61.58%
EPS Next Y-0.62%
EPS Next 2Y3.01%
EPS Next 3Y2.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-34.45%
Revenue growth 3Y1.39%
Revenue growth 5Y-1.32%
Sales Q2Q%-3.09%
Revenue Next Year1.94%
Revenue Next 2Y3.74%
Revenue Next 3Y2.89%
Revenue Next 5YN/A
EBIT growth 1Y-47.18%
EBIT growth 3Y0.95%
EBIT growth 5Y-2.84%
EBIT Next Year33.94%
EBIT Next 3Y12.64%
EBIT Next 5YN/A
FCF growth 1Y12.87%
FCF growth 3Y5.97%
FCF growth 5Y0.83%
OCF growth 1Y12.87%
OCF growth 3Y5.97%
OCF growth 5Y0.83%
MERCIALYS / MERY.PA FAQ
Can you provide the ChartMill fundamental rating for MERCIALYS?
ChartMill assigns a fundamental rating of 4 / 10 to MERY.PA.
Can you provide the valuation status for MERCIALYS?
ChartMill assigns a valuation rating of 4 / 10 to MERCIALYS (MERY.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for MERCIALYS?
MERCIALYS (MERY.PA) has a profitability rating of 4 / 10.
What are the PE and PB ratios of MERCIALYS (MERY.PA) stock?
The Price/Earnings (PE) ratio for MERCIALYS (MERY.PA) is 31.41 and the Price/Book (PB) ratio is 1.74.
Can you provide the expected EPS growth for MERY stock?
The Earnings per Share (EPS) of MERCIALYS (MERY.PA) is expected to decline by -0.62% in the next year.