16.10%
9.22%
5.63%
-29.91%
-33.43%
-36.28%
-20.69%
AI Spotlight on MRN
Company Description
Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.It operates through Advanced Materials and Electrical Power segments.The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, and power transfer solutions for rail vehicles, as well as surge protection, lightning protection, and power monitoring solutions; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors.
It also provides anticorrosion equipment comprising heat exchangers; columns, reactors, and pressure vessels; PTFE or PFA bellows, pipes, elbows, and fittings; graphite bursting discs; corrosion resistant materials; and after-sales and maintenance services, as well as graphite specialties, such as isostatic graphite, carbon insulation, extruded graphite, carbon/carbon composites, silicon carbide, and flexible graphite.In addition, the company offers carbon brushes, brush-holders, brush-rockers and brush gear housings, signal and power transmission systems, rotary joints, current collectors, wheel flange lubrication solutions, carbon dust collection systems, and monitoring solutions, as well as slip, pitch control, and electrical ring assemblies.It serves energy, electronics, transportation, corrosive chemicals, and process industries, as well as other markets comprising building, elevator, ski lifts, defense, HVAC, and outdoor LED lighting markets.
The company was formerly known as Groupe Carbone Lorraine SA and changed its name to Mersen SA in 2010.Mersen SA was founded in 1889 and is headquartered in Courbevoie, France.
Market Data
| Last Price | 22.5 |
| Change Percentage | 16.10% |
| Open | 21.1 |
| Previous Close | 19.38 |
| Market Cap ( Millions) | 548 |
| Volume | 319767 |
| Year High | 40.25 |
| Year Low | 18.8 |
| M A 50 | 20.13 |
| M A 200 | 28.24 |
Financial Ratios
| FCF Yield | -2.90% |
| Dividend Yield | 5.56% |
| ROE | 9.39% |
| Debt / Equity | 53.76% |
| Net Debt / EBIDTA | 204.56% |
| Price To Book | 0.67 |
| Price Earnings Ratio | 7.12 |
| Price To FCF | -34.47 |
| Price To sales | 0.45 |
| EV / EBITDA | 5.38 |
News
- Dec -27 - 3 Reliable Dividend Stocks Yielding Up To 8.1%
- Dec -05 - Mersen delays targets by two years on weak materials demand for EVs
- Nov -15 - 3 Reliable Dividend Stocks Yielding Up To 5.9%
- Oct -09 - Mersen SA (FRA:CBE) (H1 2024) Earnings Call Highlights: Record Sales and Strategic Growth Amid ...
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Advanced Materials
Expected Growth : 8 %
What the company do ?
Advanced Materials from Mersen SA refers to high-performance materials designed for electrical power systems, including busbars, laminated busbars, and cooling systems.
Why we expect these perspectives ?
Mersen SA's Advanced Materials segment growth is driven by increasing demand for electric vehicles, renewable energy, and energy storage, as well as growing adoption of advanced materials in industrial and consumer electronics. Additionally, the company's focus on R&D and strategic acquisitions has enabled it to expand its product portfolio and strengthen its market position.
Segment n°2 -> Electrical Power
Expected Growth : 10 %
What the company do ?
Mersen SA's electrical power segment offers a range of products and solutions for electrical power distribution, including busbars, switches, and fuses.
Why we expect these perspectives ?
Mersen SA's Electrical Power segment growth is driven by increasing demand for renewable energy, electrification of transportation, and rising industrial power consumption. Additionally, the company's focus on innovation, expanding product portfolio, and strategic acquisitions contribute to its growth. Furthermore, growing investments in grid modernization and infrastructure development also support the segment's growth.
Mersen Sa Products
| Product Range | What is it ? |
|---|---|
| Electrical Power | Mersen SA provides electrical power solutions including busbars, switches, and fuses for electrical distribution and protection. |
| Electrical Protection | Mersen SA offers electrical protection solutions including surge protective devices, fuse holders, and fuse links. |
| Thermal Management | Mersen SA provides thermal management solutions including heat sinks, thermal interfaces, and thermal sensors. |
| Electrical Insulation | Mersen SA offers electrical insulation solutions including laminated busbars, insulated busbars, and electrical insulation materials. |
| Graphite Materials | Mersen SA provides graphite materials and solutions including graphite electrodes, graphite blocks, and graphite powder. |
| Carbon Brushes | Mersen SA offers carbon brushes and brush holders for electrical motors and generators. |
Mersen SA's Porter Forces
Threat Of Substitutes
Mersen SA operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative materials and technologies.
Bargaining Power Of Customers
Mersen SA's customers are largely dependent on the company's products, which reduces their bargaining power. However, large customers may still have some negotiating power.
Bargaining Power Of Suppliers
Mersen SA's suppliers have some bargaining power due to the specialized nature of the company's products, but the company's large scale of operations helps to mitigate this power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the industry, including the need for significant capital investment and specialized expertise.
Intensity Of Rivalry
The intensity of rivalry in the industry is high due to the presence of several established competitors, leading to a competitive market environment.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 22.69% |
| Debt Cost | 9.45% |
| Equity Weight | 77.31% |
| Equity Cost | 11.02% |
| WACC | 10.67% |
| Leverage | 29.35% |
Mersen SA : Quality Control
Mersen SA passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GAV.SW | Carlo Gavazzi Holding AG, together with its subsidiaries, designs, manufactures, and sells electronic control components for building and industrial automation markets. Its products include sensors, monitoring relays, timers, energy management … |
| PERR.PA | Gérard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining electrical, electronic, automation, and instrumentation equipment in France and internationally. It engages in the engineering, installation, and maintenance of … |
| LUCE.L | Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. … |
| CENER.BR | Cenergy Holdings SA manufactures and sells aluminum, copper, cable, steel and steel pipes, and other products worldwide. It operates in two segments, Cables and Steel Pipes. The company offers high … |
| TFW.L | FW Thorpe Plc, together with its subsidiaries, designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, rest of Europe, and internationally. The company offers professional lighting … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Luceco
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GPI
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Carlo Gavazzi Holding
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4
Mersen
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5
FW Thorpe
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6
