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Mersen

Industrials US CBLNF

38.0USD
-(-%)

Last update at 2024-09-13T13:30:00Z

Day Range

38.0038.00
LowHigh

52 Week Range

25.8738.20
LowHigh

Fundamentals

  • Previous Close 38.00
  • Market Cap885.32M
  • Volume0
  • P/E Ratio10.93
  • Dividend Yield2.67%
  • EBITDA180.50M
  • Revenue TTM1198.30M
  • Revenue Per Share TTM56.91
  • Gross Profit TTM 348.00M
  • Diluted EPS TTM3.35

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 97.30M 77.00M 5.20M 77.70M 77.50M
Minority interest -6.70000M -4.00000M -3.20000M -2.50000M -2.70000M
Net income 67.70M 54.40M -12.00000M 57.30M 56.50M
Selling general administrative 140.40M 118.60M 107.90M 114.80M 110.20M
Selling and marketing expenses 82.70M 75.80M 71.40M 80.00M 78.00M
Gross profit 348.00M 289.80M 251.60M 300.20M 285.10M
Reconciled depreciation 64.80M 54.70M 52.90M 51.20M 37.50M
Ebit 102.50M 90.90M 49.30M 100.10M 88.60M
Ebitda 167.30M 145.60M 102.20M 151.30M 126.10M
Depreciation and amortization 64.80M 54.70M 52.90M 51.20M 37.50M
Non operating income net other - - - - -
Operating income 110.20M 87.70M 17.20M 90.90M 87.80M
Other operating expenses 993.20M 830.20M 778.60M 848.10M 786.90M
Interest expense 9.00M 8.90M 9.60M 11.10M 7.40M
Tax provision 23.00M 18.60M 14.00M 17.90M 18.30M
Interest income - - - 1.60M 1.30M
Net interest income -12.90000M -10.60000M -11.90000M -13.10000M -10.40000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 23.00M 18.60M 14.00M 17.90M 18.30M
Total revenue 1114.80M 922.80M 847.20M 950.20M 878.50M
Total operating expenses 226.40M 197.20M 183.00M 198.10M 193.50M
Cost of revenue 766.80M 633.00M 595.60M 650.00M 593.40M
Total other income expense net -12.90000M -10.70000M -12.00000M -13.20000M -10.30000M
Discontinued operations - - - - -
Net income from continuing ops 74.30M 58.40M -8.80000M 59.80M 59.20M
Net income applicable to common shares 67.70M 54.40M -12.00000M 57.30M 56.50M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1439.40M 1291.70M 1195.70M 1200.90M 1084.50M
Intangible assets 42.70M 38.80M 34.60M 34.20M 35.10M
Earning assets - - - - -
Other current assets 0.10M 2.30M 3.40M 1.40M 1.90M
Total liab 745.40M 660.30M 662.00M 630.30M 556.40M
Total stockholder equity 661.30M 602.30M 509.20M 548.60M 506.30M
Deferred long term liab - - - - -
Other current liab 239.20M 172.10M 211.10M 142.50M 173.50M
Common stock 41.70M 41.60M 41.70M 41.70M 41.50M
Capital stock 41.70M 41.60M 41.70M 41.70M 41.50M
Retained earnings 611.00M 557.80M 497.50M 509.90M 474.10M
Other liab - 98.90M 105.70M 111.60M 94.00M
Good will 262.00M 269.50M 256.80M 280.60M 276.20M
Other assets 0.10M 0.10M 34.10M 37.10M 32.80M
Cash 59.20M 49.50M 110.70M 45.20M 34.80M
Cash and equivalents - - - - -
Total current liabilities 353.70M 276.90M 278.80M 235.20M 353.00M
Current deferred revenue 233.40M 164.80M 208.90M 140.70M 172.50M
Net debt 273.70M 272.70M 178.40M 270.40M 182.30M
Short term debt 27.90M 37.70M 11.60M 32.10M 107.70M
Short long term debt 15.20M 25.10M 82.30M 32.10M 107.70M
Short long term debt total 332.90M 322.20M 289.10M 315.60M 217.10M
Other stockholder equity 8.60M 2.90M -30.00000M -3.00000M -9.30000M
Property plant equipment - 456.00M 383.60M 388.60M 300.90M
Total current assets 594.00M 483.90M 479.40M 452.50M 432.10M
Long term investments - - - - -
Net tangible assets - 294.00M 217.80M 233.80M 195.00M
Short term investments 38.50M 34.00M 26.00M 16.50M 13.80M
Net receivables 213.00M 179.90M 158.20M 182.40M 183.00M
Long term debt 262.30M 244.50M 230.90M 235.40M 109.40M
Inventory 283.20M 218.20M 181.10M 207.00M 198.60M
Accounts payable 86.60M 67.10M 56.10M 60.60M 71.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 48.40M 43.30M 70.20M 48.60M 39.40M
Deferred long term asset charges - - - - -
Non current assets total 845.30M 807.70M 716.30M 748.40M 652.40M
Capital lease obligations 55.40M 52.60M 46.60M 48.10M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -96.30000M -93.90000M -74.40000M -86.90000M -1.00000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - -93.90000M -74.40000M -86.90000M -90.60000M
Net borrowings - -64.40000M 15.70M 3.80M 39.30M
Total cash from financing activities 4.60M -85.00000M 4.70M -24.80000M 9.10M
Change to operating activities - -5.90000M 31.40M -9.80000M -21.50000M
Net income 97.30M 77.00M 5.20M 77.70M 77.50M
Change in cash 9.70M -61.20000M 65.50M 10.40M 8.90M
Begin period cash flow 49.50M 110.70M 45.20M 34.80M 25.90M
End period cash flow 59.20M 49.50M 110.70M 45.20M 34.80M
Total cash from operating activities 105.50M 116.80M 132.70M 123.10M 91.30M
Issuance of capital stock - - - - -
Depreciation 64.80M 54.70M 52.90M 51.20M 37.50M
Other cashflows from investing activities - 8.20M 2.80M 2.40M -0.20000M
Dividends paid -23.00000M -15.30000M -0.10000M -22.10000M 15.80M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -5.60000M - - - -
Other cashflows from financing activities 527.10M -69.70000M 4.80M -2.70000M 24.90M
Change to netincome - 13.30M 60.10M 22.80M 17.30M
Capital expenditures 103.40M 92.70M 63.60M 69.90M 58.60M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -63.20000M -5.90000M 31.40M -9.80000M -21.50000M
Stock based compensation - - - - -
Other non cash items 6.60M -9.00000M 43.20M 4.00M -2.20000M
Free cash flow 2.10M 24.10M 69.10M 53.20M 32.70M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CBLNF
Mersen
- -% 38.00 10.93 - 0.74 1.14 1.00 6.43
ABLZF
ABB Ltd
-1.2 2.13% 55.22 21.23 21.01 2.58 6.22 2.64 14.26
ABBNY
ABB Ltd
0.29 0.53% 55.44 20.83 20.28 2.54 6.00 2.64 14.26
MIELF
Mitsubishi Electric Corporation
- -% 16.07 16.87 14.53 0.0059 1.21 0.0052 0.05
MIELY
Mitsubishi Electric Corp ADR
-0.1 0.31% 32.50 16.50 14.88 0.0058 1.23 0.0052 0.05

Reports Covered

Stock Research & News

Profile

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, Advanced Materials and Electrical Power. 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, as well as industrial motor maintenance and services. It also provides anticorrosion equipment comprising heat exchangers; columns, reactors, and pressure vessels; PTFE / PFA bellows, pipes, elbows, and fittings, as well as other equipment; graphite bursting discs; and corrosion resistant materials, as well as graphite specialties, such as isostatic graphite, carbon insulation, 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, current collectors, wheel flange lubrication solutions, carbon dust collection systems, monitoring solutions, and slip and electrical ring assemblies, as well as cranes. It serves energy, electronics, transportation, corrosive chemicals, and process industries, as well as other markets comprising building and construction, elevators, elevators, defense, and outdoor LED lighting, as well as heating, ventilation, and air conditioning markets. The company was formerly known as Groupe Carbone Lorraine SA and changed its name to Mersen S.A. in 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.

Mersen

Tour EQHO, Courbevoie, France, 92400

Key Executives

Name Title Year Born
Mr. Luc Themelin CEO & Director 1961
Mr. Thomas Baumgartner CFO and Group VP of Fin. & Admin. 1971
Mr. Christophe Bommier Group VP of Technology, Research, Innovation & Bus. Support and CTO 1960
Ms. Véronique Boca VP - Communication 1965
Ms. Estelle Legrand Group VP of HR NA

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