MERCIALYS (MERY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:MERY - FR0010241638 - REIT
10.8 EUR
+0.04 (+0.37%)
MERY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 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 it does not seem to be growing.
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 60.98% of its industry peers.
MERY has a Return On Equity (5.46%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 2.81%, MERY is doing worse than 68.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MERY is in line with the industry average of 3.47%.
| 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
With a Profit Margin value of 17.79%, MERY perfoms like the industry average, outperforming 41.46% of the companies in the same industry.
In the last couple of years the Profit Margin of MERY has declined.
The Operating Margin of MERY (43.31%) is worse than 75.61% of its industry peers.
In the last couple of years the Operating Margin of MERY has declined.
Looking at the Gross Margin, with a value of 95.26%, MERY belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
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.
MERY has a worse Altman-Z score (0.52) than 73.17% 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's Debt to FCF ratio of 11.36 is in line compared to the rest of the industry. MERY outperforms 58.54% of its industry peers.
MERY has a Debt/Equity ratio of 2.29. This is a high value indicating a heavy dependency on external financing.
MERY has a worse Debt to Equity ratio (2.29) than 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | 11.36 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.51
WACC5.52%
2.3 Liquidity
A Current Ratio of 1.11 indicates that MERY should not have too much problems paying its short term obligations.
MERY's Current ratio of 1.11 is amongst the best of the industry. MERY outperforms 87.80% 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 Quick ratio of 1.11. This is amongst the best in the industry. MERY outperforms 87.80% 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.
The earnings per share for MERY have been decreasing by -10.10% on average. This is quite bad
The Revenue for MERY has decreased by -34.45% in the past year. This is quite bad
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
The Earnings Per Share is expected to grow by 2.37% on average over the next years.
Based on estimates for the next years, MERY will show a small growth in Revenue. The Revenue will grow by 2.89% on average per year.
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
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 31.76, the valuation of MERY can be described as expensive.
MERY's Price/Earnings ratio is a bit more expensive when compared to the industry. MERY is more expensive than 68.29% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. MERY is around the same levels.
A Price/Forward Earnings ratio of 9.03 indicates a reasonable valuation of MERY.
Based on the Price/Forward Earnings ratio, MERY is valued cheaper than 85.37% of the companies in the same industry.
MERY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.76 | ||
| Fwd PE | 9.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MERY indicates a somewhat cheap valuation: MERY is cheaper than 60.98% of the companies listed in the same industry.
MERY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MERY is cheaper than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.69 | ||
| EV/EBITDA | 16.94 |
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 9.45%, which is a nice return.
Compared to an average industry Dividend Yield of 5.07, MERY pays a better dividend. On top of this MERY pays more dividend than 95.12% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, MERY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.45% |
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
297.27% of the earnings are spent on dividend by MERY. This is not a sustainable payout ratio.
DP297.27%
EPS Next 2Y3.07%
EPS Next 3Y2.37%
EPA:MERY (12/24/2025, 7:00:00 PM)
10.8
+0.04 (+0.37%)
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 Cap1.01B
Revenue(TTM)176.71M
Net Income(TTM)31.44M
Analysts75.38
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.45% |
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)-7.56%
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 | 31.76 | ||
| Fwd PE | 9.03 | ||
| P/S | 5.74 | ||
| P/FCF | 6.69 | ||
| P/OCF | 6.69 | ||
| P/B | 1.76 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 16.94 |
EPS(TTM)0.34
EY3.15%
EPS(NY)1.2
Fwd EY11.08%
FCF(TTM)1.61
FCFY14.95%
OCF(TTM)1.61
OCFY14.95%
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
WACC5.52%
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 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 4 / 10.
What are the PE and PB ratios of MERCIALYS (MERY.PA) stock?
The Price/Earnings (PE) ratio for MERCIALYS (MERY.PA) is 31.76 and the Price/Book (PB) ratio is 1.76.
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.