MERCURY SYSTEMS, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 32.45 USD | +2.53% |
|
+12.87% | -11.27% |
| May. 08 | Truist Adjusts Mercury Systems' Price Target to $26 From $28, Keeps Hold Rating | MT |
| May. 07 | Transcript : Mercury Systems, Inc., Q3 2024 Earnings Call, May 07, 2024 |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,894 | 4,373 | 3,722 | 3,710 | 2,013 | 1,926 | - | - |
| Enterprise Value (EV) 1 | 3,636 | 4,147 | 3,809 | 4,096 | 2,453 | 2,348 | 2,294 | 2,232 |
| P/E ratio | 73.3 x | 50.4 x | 59.2 x | 322 x | -69.2 x | -13.9 x | -39 x | -1,458 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 5.95 x | 5.49 x | 4.03 x | 3.75 x | 2.07 x | 2.35 x | 2.2 x | 2 x |
| EV / Revenue | 5.55 x | 5.21 x | 4.12 x | 4.14 x | 2.52 x | 2.86 x | 2.62 x | 2.32 x |
| EV / EBITDA | 25 x | 23.5 x | 18.9 x | 20.4 x | 18.5 x | -15,507 x | 19.5 x | 13.3 x |
| EV / FCF | 51.3 x | 57.7 x | 73.7 x | -88 x | -40.8 x | 480 x | 46 x | 28.7 x |
| FCF Yield | 1.95% | 1.73% | 1.36% | -1.14% | -2.45% | 0.21% | 2.18% | 3.48% |
| Price to Book | 4.36 x | 3.16 x | 2.51 x | 2.34 x | 1.26 x | 1.27 x | 1.28 x | 1.26 x |
| Nbr of stocks (in thousands) | 55,349 | 55,599 | 56,161 | 57,673 | 58,190 | 59,346 | - | - |
| Reference price 2 | 70.35 | 78.66 | 66.28 | 64.33 | 34.59 | 32.45 | 32.45 | 32.45 |
| Announcement Date | 7/30/19 | 8/4/20 | 8/3/21 | 8/2/22 | 8/15/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 654.7 | 796.6 | 924 | 988.2 | 973.9 | 819.6 | 876.7 | 962.7 |
| EBITDA 1 | 145.3 | 176.2 | 201.9 | 200.5 | 132.3 | -0.1514 | 117.8 | 167.5 |
| EBIT 1 | 76.58 | 91.06 | 81 | 31.61 | -21.68 | -158.6 | -42.91 | 6.89 |
| Operating Margin | 11.7% | 11.43% | 8.77% | 3.2% | -2.23% | -19.36% | -4.89% | 0.72% |
| Earnings before Tax (EBT) 1 | 59.53 | 93.93 | 77.17 | 18.4 | -48.54 | -198.2 | -66.6 | -20.33 |
| Net income 1 | 46.78 | 85.71 | 62.04 | 11.28 | -28.34 | -137.6 | -48.47 | -11.5 |
| Net margin | 7.14% | 10.76% | 6.71% | 1.14% | -2.91% | -16.79% | -5.53% | -1.19% |
| EPS 2 | 0.9600 | 1.560 | 1.120 | 0.2000 | -0.5000 | -2.337 | -0.8331 | -0.0223 |
| Free Cash Flow 1 | 70.83 | 71.89 | 51.65 | -46.52 | -60.05 | 4.896 | 49.89 | 77.67 |
| FCF margin | 10.82% | 9.02% | 5.59% | -4.71% | -6.17% | 0.6% | 5.69% | 8.07% |
| FCF Conversion (EBITDA) | 48.74% | 40.79% | 25.58% | - | - | - | 42.35% | 46.37% |
| FCF Conversion (Net income) | 151.42% | 83.87% | 83.24% | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 7/30/19 | 8/4/20 | 8/3/21 | 8/2/22 | 8/15/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 220.4 | 253.1 | 289.7 | 227.6 | 229.6 | 263.5 | 253.2 | 181 | 197.5 | 208.3 | 230.5 | 192.6 | 208.8 | 225.8 | 244.6 |
| EBITDA 1 | 38.11 | 52.5 | 71.62 | 31.16 | 35.7 | 43.46 | 21.93 | 1.957 | -21.31 | -2.397 | 20.63 | 20.1 | 19.75 | 27.77 | 34.3 |
| EBIT 1 | -0.387 | 9.955 | 27.62 | -7.194 | -7.547 | 1.954 | -8.898 | -40.2 | -53.93 | -45.66 | -18.82 | -20.2 | -16.62 | -9.102 | -5.475 |
| Operating Margin | -0.18% | 3.93% | 9.53% | -3.16% | -3.29% | 0.74% | -3.51% | -22.21% | -27.31% | -21.92% | -8.16% | -10.49% | -7.96% | -4.03% | -2.24% |
| Earnings before Tax (EBT) 1 | -2.794 | 6.241 | 22.53 | -15.36 | -13.07 | -5.29 | -14.82 | -49.74 | -63.72 | -57.22 | -28.72 | -26.72 | -27.23 | -19.74 | -13.26 |
| Net income 1 | -2.639 | 4.139 | 16.92 | -14.34 | -10.92 | 5.156 | -8.236 | -36.71 | -45.58 | -44.57 | -17.54 | -20.55 | -20.8 | -15.11 | -10.15 |
| Net margin | -1.2% | 1.64% | 5.84% | -6.3% | -4.76% | 1.96% | -3.25% | -20.28% | -23.08% | -21.4% | -7.61% | -10.67% | -9.96% | -6.69% | -4.15% |
| EPS 2 | -0.0500 | 0.0700 | 0.3000 | -0.2600 | -0.1900 | 0.0900 | -0.1500 | -0.6400 | -0.7900 | -0.7700 | -0.2770 | -0.3533 | -0.3567 | -0.2600 | -0.1733 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/1/22 | 5/3/22 | 8/2/22 | 11/1/22 | 1/31/23 | 5/2/23 | 8/15/23 | 11/7/23 | 2/6/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 86.2 | 386 | 440 | 422 | 368 | 306 |
| Net Cash position 1 | 258 | 227 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.4268 x | 1.924 x | 3.326 x | -2,787 x | 3.122 x | 1.826 x |
| Free Cash Flow 1 | 70.8 | 71.9 | 51.6 | -46.5 | -60.1 | 4.9 | 49.9 | 77.7 |
| ROE (net income / shareholders' equity) | 5.9% | 6.42% | 7.72% | 0.75% | 3.66% | -1.2% | 2.61% | 4.4% |
| ROA (Net income/ Total Assets) | 4.11% | 5.66% | 5.8% | 0.53% | 2.42% | -2% | 1.61% | 2.73% |
| Assets 1 | 1,138 | 1,514 | 1,070 | 2,130 | -1,171 | 6,875 | -3,020 | -421.4 |
| Book Value Per Share 2 | 16.10 | 24.90 | 26.40 | 27.50 | 27.50 | 25.60 | 25.40 | 25.70 |
| Cash Flow per Share 2 | 2.010 | 2.090 | 1.750 | -0.3400 | -0.3800 | 0.6200 | 1.830 | - |
| Capex 1 | 26.7 | 43.3 | 45.6 | 27.7 | 38.8 | 35.3 | 40.7 | 44.3 |
| Capex / Sales | 4.08% | 5.43% | 4.93% | 2.8% | 3.98% | 4.31% | 4.64% | 4.6% |
| Announcement Date | 7/30/19 | 8/4/20 | 8/3/21 | 8/2/22 | 8/15/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
32.45
USD
Average target price
25.5
USD
Spread / Average Target
-21.42%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.27% | 1.93B | |
| +24.82% | 139B | |
| +15.62% | 82.24B | |
| +0.17% | 69.4B | |
| +23.41% | 52.48B | |
| +44.19% | 46.41B | |
| +6.17% | 42.42B | |
| +70.20% | 37.98B | |
| +83.28% | 25.05B | |
| +50.00% | 22.72B |
- Stock Market
- Equities
- MRCY Stock
- Financials Mercury Systems, Inc.
