profit from every €100 of sales.
€0€100
Mersen
€38.10+1.44% today
+66.0% since Dec 21, 25
1-year low €21.551-year high €44.84
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €65.60 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Mersen sold, what it kept, and what it did with the cash.
Sales went from €1.11 billion in 2022 to €1.19 billion in 2025, with €14.1 million of profit last year.
SalesProfit
Mersen handed back 61% of the cash it generated last year.
€27M
Free cash flow 2025€43M
Bought back its own shares–
Paid as dividends€27M
Cash vs. debt€86M vs. €454M
Mersen vs. similar companies
Mersen grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| Mersen | 65.6× · Very expensive | ||
 Contemporary Amperex Technology | 21.1× · Fair price | ||
 ABB | 32.4× · Expensive | ||
 Vertiv | 59.7× · Expensive | ||
 Delta Electronics (Thailand) Public | 97.8× · Very expensive |
AI analysis
An AI analyst reads Mersen's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,115 | 1,211 | 1,244 | 1,186 | |
| 348 | 385 | 386 | 352 | |
| 122 | 137 | 131 | 109 | |
| 171 | 191 | 177 | 134 | |
| 68 | 82 | 59 | 14 | |
| 3.08 | 3.42 | 2.37 | 0.57 | |
| 31.2% | 31.8% | 31.0% | 29.6% | |
| 10.9% | 11.3% | 10.5% | 9.2% | |
| 6.1% | 6.7% | 4.7% | 1.2% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,439 | 1,536 | 1,801 | 1,703 |
| Cash | 59 | 37 | 51 | 86 |
| Total debt | 394 | 324 | 478 | 454 |
| Total liabilities | 745 | 718 | 919 | 896 |
| 661 | 788 | 850 | 783 | |
| 22 | 24 | 25 | 25 | |
| 7.6% | 8.5% | 5.8% | 3.2% | |
| 10.2% | 10.4% | 6.9% | 1.8% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 106 | 179 | 194 | 186 | |
| 104 | 187 | 217 | 143 | |
| 2 | -8 | -23 | 43 | |
| Dividends paid | 23 | 36 | 31 | 27 |
| 6 | – | 1 | – | |
| – | – | – | – |
Valuation
- 65.6×
- –
- –
- 1.3×
- 0.8×
- 21.4×
- 9.7×
- 4.7%
- 1.5%
- 2.9%
Profitability
- 29.6%
- 9.2%
- 1.2%
- –
- 3.2%
- 6.2%
- –
- –
- –
- –
Growth
- +2.1%
- −43.0%
- –
- –
- +4.2%
Financial health
- 2.8×
- 0.58
- –
- 2.4×
- 1.47
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 16%of 982
Top 46%of 988
Bottom 9%of 870
Bottom 25%of 985
Top 39%of 988
2.9%of the share price, paid each year
On $1,000 invested$29a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
187.9% of its profit
Room to growStretchedMore than it earns: 61.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
25No pass
Benjamin Graham
50No pass
Philip Fisher
10No pass
Peter Lynch
18No pass
Joel Greenblatt
10No pass
Charlie Munger
10No pass
Terry Smith
14No pass
Questions about Mersen
Is Mersen a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Mersen AI analysis
What does Mersen do?
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. It is in Electrical Equipment & Parts, based in Courbevoie, France, with 7,047 employees.
Does Mersen pay a dividend?
Yes. At today's price the dividend is 2.9% a year, about 188% of its yearly profit. In 2025 it paid out €26.5 million in dividends.
Is Mersen stock halal?
No. Mersen does not pass our halal screen: its debt is 49% of its market value, at or above the 33% limit. How we check
Who are Mersen's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Mersen's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.