MERCIALYS (MERY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:MERY - FR0010241638 - REIT
10.96 EUR
+0.08 (+0.74%)
Taking everything into account, MERY scores 4 out of 10 in our fundamental rating. MERY was compared to 40 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MERY had positive earnings in the past year.
In the past year MERY had a positive cash flow from operations.
Each year in the past 5 years MERY has been profitable.
MERY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MERY (1.28%) is worse than 62.50% of its industry peers.
MERY has a Return On Equity of 5.46%. This is comparable to the rest of the industry: MERY outperforms 55.00% of its industry peers.
MERY has a Return On Invested Capital of 2.81%. This is in the lower half of the industry: MERY underperforms 70.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MERY is in line with the industry average of 3.53%.
| 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
The Profit Margin of MERY (17.79%) is worse than 60.00% of its industry peers.
MERY's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 43.31%, MERY is doing worse than 77.50% of the companies in the same industry.
MERY's Operating Margin has declined in the last couple of years.
MERY has a better Gross Margin (95.26%) than 92.50% of its industry peers.
In the last couple of years the Gross Margin of MERY has remained more or less at the same level.
| 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.
MERY has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MERY has been increased compared to 5 years ago.
Compared to 1 year ago, MERY has a worse debt to assets ratio.
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.
MERY has a Altman-Z score of 0.52. This is in the lower half of the industry: MERY underperforms 75.00% of its industry peers.
The Debt to FCF ratio of MERY is 11.36, which is on the high side as it means it would take MERY, 11.36 years of fcf income to pay off all of its debts.
MERY has a Debt to FCF ratio (11.36) which is in line with its industry peers.
A Debt/Equity ratio of 2.29 is on the high side and indicates that MERY has dependencies on debt financing.
MERY's Debt to Equity ratio of 2.29 is on the low side compared to the rest of the industry. MERY is outperformed by 95.00% 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
A Current Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
The Current ratio of MERY (1.11) is better than 85.00% of its industry peers.
A Quick Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
MERY has a better Quick ratio (1.11) than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for MERY have decreased strongly by -64.87% in the last year.
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.
Looking at the last year, MERY shows a very negative growth in Revenue. The Revenue has decreased by -34.45% in the last year.
MERY shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.32% yearly.
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
Based on estimates for the next years, MERY will show a small growth in Earnings Per Share. The EPS will grow by 2.37% on average per year.
The Revenue is expected to grow by 2.89% on average over the next years.
EPS Next Y-0.36%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y3.74%
Revenue Next 3Y2.89%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 32.24, the valuation of MERY can be described as expensive.
70.00% of the companies in the same industry are cheaper than MERY, based on the Price/Earnings ratio.
MERY's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.84.
A Price/Forward Earnings ratio of 9.16 indicates a reasonable valuation of MERY.
MERY's Price/Forward Earnings ratio is rather cheap when compared to the industry. MERY is cheaper than 82.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.40. MERY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.24 | ||
| Fwd PE | 9.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MERY is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, MERY is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.79 | ||
| EV/EBITDA | 16.99 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.07%
EPS Next 3Y2.37%
5. Dividend
5.1 Amount
MERY has a Yearly Dividend Yield of 9.26%, which is a nice return.
Compared to an average industry Dividend Yield of 5.16, MERY pays a better dividend. On top of this MERY pays more dividend than 92.50% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, MERY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.26% |
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 2Y3.07%
EPS Next 3Y2.37%
EPA:MERY (12/30/2025, 2:41:03 PM)
10.96
+0.08 (+0.74%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.62%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.03B
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts75.38
Price Target12.94 (18.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.26% |
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)0.26%
EPS NY rev (3m)-8.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.24 | ||
| Fwd PE | 9.16 | ||
| P/S | 5.82 | ||
| P/FCF | 6.79 | ||
| P/OCF | 6.79 | ||
| P/B | 1.79 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 16.99 |
EPS(TTM)0.34
EY3.1%
EPS(NY)1.2
Fwd EY10.92%
FCF(TTM)1.61
FCFY14.73%
OCF(TTM)1.61
OCFY14.73%
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-0.36%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
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 Year32.22%
EBIT Next 3Y12.32%
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 32.24 and the Price/Book (PB) ratio is 1.79.
Can you provide the expected EPS growth for MERY stock?
The Earnings per Share (EPS) of MERCIALYS (MERY.PA) is expected to decline by -0.36% in the next year.