Mersen SA

Mersen SA

MRN · PA · Industrials / Electrical Equipment & Parts

36.12EUR-0.98 (-2.64%)

Price History

Full chart

Market Stats

Previous Close37.10
Open36.48
Day Range35.80 – 36.70
52-Week Range19.91 – 44.38
Volume34.63K
Market Cap1.03B
P/E (TTM)68.74
Forward P/E8.68
EPS0.62
Dividend Yield2.11%
Beta1.58
50-Day Avg38.93
200-Day Avg32.92

About

Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through two segments, Electrical Power and Advanced Materials. The company offers fuses, fuse holders and systems, surge protection, accessories, power distribution blocks, IEC fuse switch disconnectors, low-voltage and high power switches, capacitors, cooling, power transfer for rail, isostatic and extruded graphite, bus bar, engineered panels, graphite bursting discs, and heat exchangers, as well as PTFE bellows, pipes, and fittings products and solutions. It also provides carbon brushes, brush-holders, carbon insulation, SSiC, process technologies, carbon/carbon composite, slip rings, DC protection for EV and batteries, corrosion resistant materials, brush gear assembly housing, signal and power transfer systems, dust collectors, industrial current collectors, and power stacks, as well as columns, reactors, and pressure vessels products and solutions. In addition, the company offers simulation tools, on-site maintenance, power stack design optimization, motor maintenance, wind services, electrical test lab, and knowledge center, as well as training for process industries and energy production solutions. It serves semiconductors; electric vehicles; battery energy storage system; solar; wind; railways and metros; aerospace; chemicals; building and infrastructure; electrical power distribution; and energy conversion. The company was formerly known as Groupe Carb/one Lorraine SA and changed its name to Mersen S.A. in May 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Salvador Lamas
  • Employees7.58K
  • HeadquartersTour Trinity, Courbevoie, France, 92400, France
  • Websitehttps://www.mersen.com

Leadership

  • Mr. Salvador LamasCEO & Group COO · b. 1974
  • Mr. Thomas BaumgartnerChief Financial Officer · b. 1971
  • Ms. Caroline LevyChief Technology Officer
  • Ms. Sylvie GuigantiGroup Chief Information Officer
  • Ms. Delphine JacquemontGeneral Counsel & Secretary
  • Ms. Véronique BocaVice President of Corporate & Financial Communication · b. 1965
  • Ms. Estelle LegrandGroup Vice President of Human Resources
  • Mr. Gilles BoisseauExecutive Vice President of Mersen International · b. 1965
  • Mr. Ferran SacrestExecutive Vice President of the Electrical Power segment · b. 1982
  • Mr. Matthieu ElrizExecutive Vice President of Advanced Materials · b. 1985

Financials

Income Statement

Currency: EUR2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue803.70M720.90M629.40M636.00M583.40M639.80M693.70M661.90M587.30M741.20M829.60M810.70M738.80M726.10M767.60M759.00M809.20M878.50M950.20M847.20M922.80M1.11B1.21B1.24B1.19B
Growth (%)--10.30%-12.69%+1.05%-8.27%+9.67%+8.42%-4.58%-11.27%+26.20%+11.93%-2.28%-8.87%-1.72%+5.72%-1.12%+6.61%+8.56%+8.16%-10.84%+8.92%+20.81%+8.62%+2.70%-4.60%
Cost of Revenue560.60M499.60M439.00M466.30M407.10M444.40M487.80M445.70M412.50M510.10M565.20M567.30M525.40M504.50M535.20M528.40M553.20M593.40M650.00M595.60M633.00M766.80M825.50M857.80M836.60M
Gross Profit243.10M221.30M190.40M169.70M176.30M195.40M205.90M216.20M174.80M231.10M264.40M243.40M213.40M221.60M232.40M230.60M256.00M285.10M300.20M251.60M289.80M348.00M385.40M385.80M351.70M
Gross Margin30.25%30.70%30.25%26.68%30.22%30.54%29.68%32.66%29.76%31.18%31.87%30.02%28.88%30.52%30.28%30.38%31.64%32.45%31.59%29.70%31.40%31.22%31.83%31.02%29.64%
Operating Expense167.10M161.70M151.10M136.00M122.80M134.40M163.20M122.90M129.20M157.50M166.00M178.00M204.10M200.00M194.20M199.80M191.70M197.30M209.30M234.40M202.10M237.80M254.00M278.30M238.90M
Operating Income76.00M59.60M39.30M33.70M53.50M61.00M42.70M93.30M45.60M73.60M98.40M65.40M9.30M21.60M38.20M30.80M64.30M87.80M90.90M17.20M87.70M110.20M131.40M107.50M112.80M
Operating Margin9.46%8.27%6.24%5.30%9.17%9.53%6.16%14.10%7.76%9.93%11.86%8.07%1.26%2.97%4.98%4.06%7.95%9.99%9.57%2.03%9.50%9.89%10.85%8.64%9.51%
EBITDA111.90M93.10M69.30M57.70M74.60M81.20M67.50M118.40M77.00M110.30M134.60M103.30M49.50M57.80M77.80M67.60M102.50M122.40M140.00M120.50M141.50M171.10M191.40M179.80M194.10M
EBITDA Margin13.92%12.91%11.01%9.07%12.79%12.69%9.73%17.89%13.11%14.88%16.22%12.74%6.70%7.96%10.14%8.91%12.67%13.93%14.73%14.22%15.33%15.35%15.81%14.46%16.36%
Net Income-8.10M-10.80M-38.20M19.40M22.10M35.30M16.30M29.80M14.90M39.80M56.90M6.50M-29.20M2.10M1.30M1.80M37.60M56.50M57.30M-12.00M54.40M67.70M81.60M59.00M14.10M
Net Income Margin-1.01%-1.50%-6.07%3.05%3.79%5.52%2.35%4.50%2.54%5.37%6.86%0.80%-3.95%0.29%0.17%0.24%4.65%6.43%6.03%-1.42%5.90%6.07%6.74%4.74%1.19%
Interest Expense24.60M14.10M10.80M8.70M7.10M8.30M11.30M12.10M10.40M10.90M10.20M13.00M11.00M9.90M12.50M11.00M10.00M10.30M11.50M10.90M9.80M10.80M19.30M21.80M25.80M
Interest Expense % of Total Revenue3.06%1.96%1.72%1.37%1.22%1.30%1.63%1.83%1.77%1.47%1.23%1.60%1.49%1.36%1.63%1.45%1.24%1.17%1.21%1.29%1.06%0.97%1.59%1.75%2.17%

Balance Sheet

Currency: EUR2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets873.00M745.40M634.10M648.30M728.20M724.20M771.20M942.90M874.80M989.70M1.05B1.01B932.60M1.00B1.02B1.00B949.90M1.08B1.20B1.20B1.29B1.44B1.54B1.80B1.70B
Total Liabilities577.70M499.10M454.50M393.60M433.60M416.20M464.20M617.70M449.90M496.00M508.60M512.20M479.80M536.40M529.10M508.60M465.90M556.40M630.30M662.00M660.30M745.40M717.80M919.00M896.00M
Total Equity287.70M237.50M168.80M249.00M288.70M303.60M302.90M321.20M420.60M480.80M532.50M517.10M442.80M455.20M476.70M474.60M466.40M506.30M548.60M509.20M602.30M661.30M788.20M850.20M782.80M
Cash18.40M25.60M25.40M28.00M36.30M21.20M23.60M46.80M32.90M48.30M52.20M21.40M20.20M37.60M22.40M29.20M25.90M34.80M45.20M110.70M49.50M59.20M37.40M51.30M86.30M
Total Debt335.60M264.00M209.00M153.30M187.70M177.30M197.60M355.10M253.10M269.00M297.00M259.60M229.10M259.20M263.90M238.00M216.60M264.10M328.00M363.50M329.20M393.80M330.80M477.50M534.40M
Net Debt317.20M238.40M183.60M125.30M151.40M156.10M174.00M308.30M220.20M220.70M244.80M238.20M208.90M221.60M241.50M208.80M190.70M229.30M282.80M252.80M279.70M334.60M286.40M426.20M448.10M

Cash Flow

Currency: EUR2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow60.20M80.60M65.80M17.40M41.90M43.60M61.30M60.40M95.30M68.40M62.50M101.80M77.70M65.00M46.80M80.50M64.20M91.30M123.10M132.70M116.80M105.50M179.30M194.00M165.00M
Investing Cash Flow-36.40M-24.40M-23.80M-29.40M-51.10M-49.00M-74.50M-137.30M-72.10M-45.60M-54.90M-71.30M-37.60M-41.30M-37.60M-23.00M-31.70M-90.60M-86.90M-74.40M-93.90M-96.30M-183.70M-279.90M-144.10M
Financing Cash Flow-19.00M-14.30M-14.50M14.20M20.40M-8.10M18.00M116.20M-36.40M-11.70M-5.20M-62.40M-41.10M-5.60M-26.00M-52.10M-44.40M9.10M-24.80M4.70M-85.00M4.60M-17.10M96.70M12.00M
Capital Expenditure35.40M25.80M25.60M21.20M24.50M28.70M62.30M57.50M43.40M36.30M48.30M43.00M26.80M31.60M33.20M30.40M34.90M55.20M69.90M63.60M92.70M103.40M187.30M216.60M129.30M
Free Cash Flow24.80M54.80M40.20M-3.80M17.40M14.90M-12.10M2.90M51.90M61.00M14.20M58.80M50.90M33.40M13.60M50.10M29.30M36.10M53.20M69.10M24.10M2.10M-8.00M-22.60M35.70M
Dividends Paid17.00M14.10M8.80M-7.60M9.70M12.60M12.80M2.50M3.50M5.20M19.40M3.70M10.00M10.50M10.50M12.30M15.80M22.10M100.00K15.30M23.00M30.20M30.90M21.90M
FCF to OCF41.20%67.99%61.09%-21.84%41.53%34.17%-19.74%4.80%54.46%89.18%22.72%57.76%65.51%51.38%29.06%62.24%45.64%39.54%43.22%52.07%20.63%1.99%-4.46%-11.65%21.64%
Dividend Paid to FCF68.55%25.73%21.89%-43.68%65.10%-104.13%441.38%4.82%5.74%36.62%32.99%7.27%29.94%77.21%20.96%41.98%43.77%41.54%0.14%63.49%1095.24%-377.50%-136.73%61.34%

Earnings

Report DateJul 31, 2018Dec 31, 2018Mar 16, 2027
EPS Estimate---
EPS Actual1.361.39-
Surprise---
Timing--After-hours

Key Statistics & Ratios

Market Cap1.03B
Enterprise Value1.42B
Trailing P/E68.74
Forward P/E8.68
PEG Ratio4.72
Price / Sales0.87
Price / Book1.26
EPS0.62
Book Value33.26
Revenue (TTM)1.19B
Gross Profit (TTM)355.50M
EBITDA169.70M
Profit Margin1.31%
Operating Margin9.24%
Return on Equity1.77%
Return on Assets3.73%
Shares Outstanding24.28M
Shares Float24.23M
Beta1.58
Dividend Yield2.11%
Dividend Rate0.90
Payout Ratio145.16%

Dividends

20261×
0.90Jul 7, 2026
20251×
0.90Jul 7, 2025
20241×
1.25Jul 2, 2024
20231×
1.25Jul 4, 2023
20221×
0.96Jul 5, 2022
20211×
0.62Jul 6, 2021
20191×
0.91Jul 3, 2019
20181×
0.72Jul 3, 2018
20171×
0.48Jul 4, 2017
20161×
0.48Jul 4, 2016
20151×
0.48Jul 2, 2015
20141×
0.43Jun 5, 2014
20131×
0.45Jun 3, 2013
20121×
0.96Jun 1, 2012
20111×
0.72May 26, 2011
20101×
0.48May 25, 2010
20091×
0.55May 22, 2009
20081×
0.76May 27, 2008
20071×
0.76May 29, 2007
20061×
0.63May 24, 2006
20051×
0.49May 26, 2005
20031×
0.52Jun 19, 2003
20021×
0.69May 23, 2002
20011×
0.91May 9, 2001

Stock Splits

  • Apr 19, 20233671:3518
  • Sep 21, 20092264:2113
  • Sep 23, 2004736:707
  • Jun 19, 19985:1
  • Jun 29, 19951716:1687