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France
In shortMersen is profitable, generates cash and carries moderate debt, with revenue shrinking (−4.6% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.7% | 32/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.2% | 25/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 1.7% | 9/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.8% | 25/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.47× | 56/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.50× | 83/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.20× | 51/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.12× | 6/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.8% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 4.02× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 9.3% | 76/100 |
| Operating margin volatility | 2.4% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.1% | 28/100 |
|---|---|---|
| EPS growth, 3-year average | -43.0% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 923 | 1,115 | 1,211 | 1,244 | 1,186 |
| Cost of revenue | 633 | 767 | 826 | 858 | 835 |
| Gross profit | 290 | 348 | 385 | 386 | 352 |
| Operating income | 88 | 110 | 131 | 108 | 56 |
| Interest expense | 11 | 13 | 19 | 25 | 27 |
| Pre-tax income | 77 | 97 | 112 | 84 | 31 |
| Income tax | 19 | 23 | 26 | 22 | 18 |
| Net income | 54 | 68 | 82 | 59 | 14 |
| Diluted EPS | €2.58 | €3.08 | €3.42 | €2.37 | €0.57 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 31, 2026