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Merus Power

4.30 EUR

0.00 %

2,266 following
Corporate customer

MERUS

First North Finland

Electrical Equipment

Industrials

0.00 %
+1.65 %
-1.60 %
-4.44 %
-14.00 %
-24.56 %
-28.45 %
-
-37.14 %

Merus Power operates in the industrial sector. The company specializes in electrical engineering, designing technology for energy efficiency, operational and environmental performance. The company delivers battery energy storage systems, power quality solutions and services. The customer base consists of players in industry, power generation and renewable energy. The company operates on a global level with headquarters in Ylöjärvi.

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Market cap
35.33M EUR
Turnover
2.32K EUR
P/E (adj.) (26e)
230.72
EV/EBIT (adj.) (26e)
29.02
P/B (26e)
3.35
EV/S (26e)
0.68
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
4.70 EUR
Updated
2026-02-05
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 2026-02-06

Latest extensive report

Released: 2025-03-18

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/3
2026

General meeting '26

20/8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
I didn’t expect such a significant order from Finland, at least not right at the start of the year.. 30% of the annual revenue before January is even wrapped up. If deals can be closed abroad, then revenue growth looks more than likely.
1/27/2026, 2:30 PM
by Simo Hijoittaja
11
The pluses of yesterday’s interesting earnings day: Revenue (even exceeding my own 50m estimate) Guidance (still good growth) Orders are still trickling in nicely And then the one big minus: Profitability I personally expected better with that revenue and started to doubt the famous...
2/6/2026, 3:51 PM
by LAdockofthebay
7
Inderes Merus Power Oyj:n tilinpäätöstiedote 1.1.–31.12.2025: Kannattavuus parani,... 5.2.2026 08:30:01 EET | Merus Power Oyj | TilinpäätöstiedoteSuluissa esitetyt luvut viittaavat edellisen vuoden vastaavaan ajanjaksoon, ellei toisin ilmoiteta. Tilinpäätöstiedotteen luvut ovat.....
2/5/2026, 7:22 AM
by Af Ämbar
7
CEO Kari Tuomala was interviewed by Pauli immediately after the H2 results were released. Inderes Merus Power H2’25: Kasvu jatkui - Inderes Aika: 05.02.2026 klo 16.04 Merus Power jatkoi kasvua ja paransi kannattavuuttaan skaalautumisen, sähkövarastotoimitusten sekä sähkönlaaturatkaisujen...
2/5/2026, 4:15 PM
by Sijoittaja-alokas
5
Here is a company report on Merus from Pauli. Merus Power’s H2 report was in line with expectations regarding key figures thanks to strong revenue, although the gross margin fell short of our expectations. Production has been made to function efficiently, and relatively large energy...
2/7/2026, 1:29 PM
by Sijoittaja-alokas
4
Here are Pauli’s comments on Merus’s new order. The new significant energy storage project improves visibility for revenue growth during 2026. Our growth estimate is quite moderate (6%) and there could be upward pressure, especially if the company receives more significant orders...
1/28/2026, 7:57 AM
by Sijoittaja-alokas
4
Battery prices are really dropping: Alpiq order 36MWh approx. 20 million, Exilion 66MWh approx. 17 million, and now 80MWh for Neve for 13 million.
1/28/2026, 6:50 AM
by Ekiii
3
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