MERCIALYS (MERY.PA) Fundamental Analysis & Valuation
EPA:MERY • FR0010241638
11.92 EUR
+0.14 (+1.19%)
Last: Mar 6, 2026, 07:00 PM
This MERY.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, MERY scores 5 out of 10 in our fundamental rating. MERY was compared to 43 industry peers in the Diversified REITs industry. MERY has only an average score on both its financial health and profitability. MERY has a correct valuation and a medium growth rate.
1. MERY.PA Profitability Analysis
1.1 Basic Checks
- In the past year MERY was profitable.
- In the past year MERY had a positive cash flow from operations.
- In the past 5 years MERY has always been profitable.
- In the past 5 years MERY always reported a positive cash flow from operatings.
1.2 Ratios
- MERY has a Return On Assets of 1.97%. This is comparable to the rest of the industry: MERY outperforms 44.19% of its industry peers.
- Looking at the Return On Equity, with a value of 8.05%, MERY is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
- The Return On Invested Capital of MERY (4.10%) is better than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.97% | ||
| ROE | 8.05% | ||
| ROIC | 4.1% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- MERY's Profit Margin of 17.78% is in line compared to the rest of the industry. MERY outperforms 41.86% of its industry peers.
- MERY's Profit Margin has declined in the last couple of years.
- MERY has a Operating Margin of 41.67%. This is in the lower half of the industry: MERY underperforms 72.09% of its industry peers.
- In the last couple of years the Operating Margin of MERY has declined.
- MERY's Gross Margin of 94.28% is amongst the best of the industry. MERY outperforms 93.02% of its industry peers.
- MERY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.67% | ||
| PM (TTM) | 17.78% | ||
| GM | 94.28% |
OM growth 3Y-18.65%
OM growth 5Y-11.7%
PM growth 3Y-8.89%
PM growth 5Y-17.4%
GM growth 3Y-0.47%
GM growth 5Y2.37%
2. MERY.PA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MERY is destroying value.
- MERY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- MERY has a debt to FCF ratio of 10.67. This is a negative value and a sign of low solvency as MERY would need 10.67 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 10.67, MERY is in the better half of the industry, outperforming 74.42% of the companies in the same industry.
- MERY has a Debt/Equity ratio of 2.20. This is a high value indicating a heavy dependency on external financing.
- MERY has a worse Debt to Equity ratio (2.20) than 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.2 | ||
| Debt/FCF | 10.67 | ||
| Altman-Z | N/A |
ROIC/WACC0.55
WACC7.52%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that MERY should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.19, MERY belongs to the top of the industry, outperforming 90.70% of the companies in the same industry.
- MERY has a Quick Ratio of 1.19. This is a normal value and indicates that MERY is financially healthy and should not expect problems in meeting its short term obligations.
- MERY has a better Quick ratio (1.19) than 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.19 |
3. MERY.PA Growth Analysis
3.1 Past
- MERY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.92%.
- Measured over the past years, MERY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.31% on average per year.
- MERY shows a strong growth in Revenue. In the last year, the Revenue has grown by 50.01%.
- Measured over the past years, MERY shows a small growth in Revenue. The Revenue has been growing by 0.58% on average per year.
EPS 1Y (TTM)-10.92%
EPS 3Y-7.55%
EPS 5Y-17.31%
EPS Q2Q%93.87%
Revenue 1Y (TTM)50.01%
Revenue growth 3Y1.39%
Revenue growth 5Y0.58%
Sales Q2Q%105.28%
3.2 Future
- MERY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.84% yearly.
- Based on estimates for the next years, MERY will show a small growth in Revenue. The Revenue will grow by 2.14% on average per year.
EPS Next Y13.27%
EPS Next 2Y7.03%
EPS Next 3Y4.84%
EPS Next 5YN/A
Revenue Next Year3.21%
Revenue Next 2Y2.54%
Revenue Next 3Y2.14%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. MERY.PA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 23.37, which indicates a rather expensive current valuation of MERY.
- Compared to the rest of the industry, the Price/Earnings ratio of MERY is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 26.29. MERY is around the same levels.
- A Price/Forward Earnings ratio of 9.26 indicates a reasonable valuation of MERY.
- 86.05% of the companies in the same industry are more expensive than MERY, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.60, MERY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.37 | ||
| Fwd PE | 9.26 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MERY is valued cheaply inside the industry as 86.05% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, MERY is valued cheaply inside the industry as 90.70% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.13 | ||
| EV/EBITDA | 12.85 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.76
PEG (5Y)N/A
EPS Next 2Y7.03%
EPS Next 3Y4.84%
5. MERY.PA Dividend Analysis
5.1 Amount
- MERY has a Yearly Dividend Yield of 8.49%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.28, MERY pays a better dividend. On top of this MERY pays more dividend than 88.37% of the companies listed in the same industry.
- MERY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.49% |
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 195.14% of its income as dividend. This is not a sustainable payout ratio.
DP195.14%
EPS Next 2Y7.03%
EPS Next 3Y4.84%
MERY.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:MERY (3/6/2026, 7:00:00 PM)
11.92
+0.14 (+1.19%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-17 2026-02-17/amc
Earnings (Next)07-22 2026-07-22
Inst Owners36.9%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.12B
Revenue(TTM)269.33M
Net Income(TTM)47.90M
Analysts77.14
Price Target12.94 (8.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.49% |
Yearly Dividend0.99
Dividend Growth(5Y)-1.82%
DP195.14%
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)0.5%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.9%
EPS NY rev (3m)7.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.4%
Revenue NY rev (3m)-2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.37 | ||
| Fwd PE | 9.26 | ||
| P/S | 4.16 | ||
| P/FCF | 7.13 | ||
| P/OCF | 7.13 | ||
| P/B | 1.88 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 12.85 |
EPS(TTM)0.51
EY4.28%
EPS(NY)1.29
Fwd EY10.8%
FCF(TTM)1.67
FCFY14.03%
OCF(TTM)1.67
OCFY14.03%
SpS2.87
BVpS6.34
TBVpS6.08
PEG (NY)1.76
PEG (5Y)N/A
Graham Number8.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.97% | ||
| ROE | 8.05% | ||
| ROCE | 5.58% | ||
| ROIC | 4.1% | ||
| ROICexc | 5.23% | ||
| ROICexgc | 5.31% | ||
| OM | 41.67% | ||
| PM (TTM) | 17.78% | ||
| GM | 94.28% | ||
| FCFM | 58.3% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-18.65%
OM growth 5Y-11.7%
PM growth 3Y-8.89%
PM growth 5Y-17.4%
GM growth 3Y-0.47%
GM growth 5Y2.37%
F-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.2 | ||
| Debt/FCF | 10.67 | ||
| Debt/EBITDA | 7.13 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.95 | ||
| Cash Conversion | 85.48% | ||
| Profit Quality | 327.85% | ||
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | N/A |
F-Score5
WACC7.52%
ROIC/WACC0.55
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)338.13%
Profit Quality(5y)316.21%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.92%
EPS 3Y-7.55%
EPS 5Y-17.31%
EPS Q2Q%93.87%
EPS Next Y13.27%
EPS Next 2Y7.03%
EPS Next 3Y4.84%
EPS Next 5YN/A
Revenue 1Y (TTM)50.01%
Revenue growth 3Y1.39%
Revenue growth 5Y0.58%
Sales Q2Q%105.28%
Revenue Next Year3.21%
Revenue Next 2Y2.54%
Revenue Next 3Y2.14%
Revenue Next 5YN/A
EBIT growth 1Y9.87%
EBIT growth 3Y-17.52%
EBIT growth 5Y-11.19%
EBIT Next Year35.47%
EBIT Next 3Y11.64%
EBIT Next 5YN/A
FCF growth 1Y-2.79%
FCF growth 3Y1.51%
FCF growth 5Y3.09%
OCF growth 1Y-2.79%
OCF growth 3Y1.51%
OCF growth 5Y3.09%
MERCIALYS / MERY.PA FAQ
Can you provide the ChartMill fundamental rating for MERCIALYS?
ChartMill assigns a fundamental rating of 5 / 10 to MERY.PA.
What is the valuation status of MERCIALYS (MERY.PA) stock?
ChartMill assigns a valuation rating of 5 / 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 5 / 10.
Can you provide the PE and PB ratios for MERY stock?
The Price/Earnings (PE) ratio for MERCIALYS (MERY.PA) is 23.37 and the Price/Book (PB) ratio is 1.88.
How sustainable is the dividend of MERCIALYS (MERY.PA) stock?
The dividend rating of MERCIALYS (MERY.PA) is 5 / 10 and the dividend payout ratio is 195.14%.