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Merus Power

5.06 EUR+0.40 %31/8 13:31
2,326 following

MERUS

First North Finland

Electrical Equipment

Industrials

Overview
Financials & Estimates
Investor views
Compare
+0.40 %
+8.82 %
+17.67 %
+18.22 %
+15.79 %
-5.24 %
+6.75 %
-45.59 %
-26.03 %

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
41.58M EUR
Turnover
9.23K EUR
P/E (adj.) (26e)
154.03
EV/EBIT (adj.) (26e)
29.87
P/B (26e)
3.9
EV/S (26e)
0.77
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
5.50 EUR
Updated
2026-08-21
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 2026-08-21

Latest extensive report

Released: 2026-02-23

Revenue and EBIT-%
EPS and dividend
Risk
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Valuation risk
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Forum discussions
OP published their H1/26 earnings commentary this morning, which can be downloaded here. The rating remained at Accumulate, but the target price rose from €5.50 to €5.80. You can read Inderes’ H1/26 report here. Inderes reiterated their Accumulate rating, but the target price rose...
8/21/2026, 6:52 AM
by Cadel
10
Forecast Table H1’25 H1’26 H1’26e Difference (%) 2026e MEUR / EUR Comparison Actual Inderes Act. vs. Inderes Inderes Revenue 24.9 24.3 24.7 -2 % 57.9 Order backlog 29.3 49.9 48.2 3 % 2.8 EBITDA 0.3 0.5 0.1 482 % 2.8 Operating profit -0.5 -0.3 -0.6 60 % 1.4 Profit before taxes -1....
8/20/2026, 7:05 AM
by Pauli Lohi
6
Inderes Merus Power Oyj:n puolivuosikatsaus 1.1.–30.6.2026: Kannattavuus koheni,... 20.8.2026 09:00:02 EEST | Merus Power Oyj | PuolivuosikatsausTämä tiedote on tiivistelmä Merus Powerin tammi–kesäkuun 2026 puolivuosikatsauksesta. Tiedote kokonaisuudessaan on tämän yhtiötiedotteen...
8/20/2026, 6:51 AM
by HH82
6
The long-awaited profitability improvement is underway, and if the order backlog stands at 50 million, revenue will increase significantly by the end of the year.
8/20/2026, 7:39 AM
by Korville
4
Osuuspankki (OP) published its H1/26 earnings preview for Merus Power today. In the preview, OP has raised Merus Power’s target price to 5.50 euros (previously 5.00 €) following a stronger-than-expected order intake and improved earnings outlook. The increase is driven in particular...
8/13/2026, 10:43 AM
by Cadel
4
Pauli’s interview featured Merus Power CEO Kari Tuomala Topics: 00:00 Introduction 00:25 Highlights of the beginning of the year 01:29 Demand situation for energy storage systems 03:03 Market activity 04:11 Deliveries to Poland and the Baltics 05:10 Expansion into new countries 06...
8/20/2026, 4:33 PM
by Sijoittaja-alokas
3
Operating cash flow 1-6/2026 4851 , 2025 -3034 A very large and significant change
8/20/2026, 7:07 AM
by Maakinen
3
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Merus Power H1'26: Story progresses in both growth and profitability
Research2026-08-21 12:06 by
Pauli Lohi

Merus Power H1'26: Story progresses in both growth and profitability

The improvement in gross margin in H1 supports the outlook for a profitability turnaround.

Merus Power
Regulatory press release2026-08-20 08:00

Merus Power Plc’s half-year report January 1–June 30, 2026: Profitability improved, strong order intake

Merus Power
Merus Power H1'26 preview: Orders poured in during the first part of the year
Analyst Comment2026-08-13 08:17 by
Pauli Lohi

Merus Power H1'26 preview: Orders poured in during the first part of the year

Focus on margin and market commentary.

Merus Power

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Press release2026-08-12 11:00

Merus Power strengthens its position in Poland’s growing energy storage market

Merus Power
Analyst Comment2026-07-27 08:06 by
Pauli Lohi

Small order for Merus Power in power quality solutions

The first order to Argentina opens up a new market, but overall demand for power quality solutions has remained sluggish.

Merus Power
Press release2026-07-24 11:00

Merus Power to deliver a STATCOM solution to Argentina, strengthening its position in industrial power quality solutions

Merus Power
Another substantial energy storage order for Merus Power
Analyst Comment2026-07-01 08:14 by
Tommi Saarinen

Another substantial energy storage order for Merus Power

This is the company's third delivery to Exilion and the latest addition to the strong order flow seen early in the year.

Merus Power
Regulatory press release2026-06-30 17:45

Insider Information: Merus Power signs over 8 million euro battery energy storage deal with Exilion – project strengthens the company’s position as a technology partner for hybrid power plants

Merus Power
Press release2026-06-29 18:45

Merus Power is supplying Siemens Mobility Denmark with a power quality solution for a battery-powered train charging station

Merus Power
Significant electric storage order for Merus Power in Finland
Analyst Comment2026-06-17 07:56 by
Petri Gostowski

Significant electric storage order for Merus Power in Finland

Merus Power announced on Tuesday that it had signed a contract worth approximately 10 MEUR with wpd Söderskogen Vindpark Oy.

Merus Power
Regulatory press release2026-06-16 12:06

Insider information: Merus Power strengthens its position in the energy storage market with a €10 million agreement with wpd

Merus Power
Merus Power signed a cooperation agreement with a global battery manufacturer
Analyst Comment2026-06-04 07:46 by
Petri Gostowski

Merus Power signed a cooperation agreement with a global battery manufacturer

Merus Power announced on Wednesday that it had signed a strategic cooperation agreement with global battery manufacturer CATL.

Merus Power
Press release2026-06-03 11:57

Merus Power and CATL to collaborate on battery energy storage in Northern Europe.

Merus Power
Regulatory press release2026-04-16 14:00

Merus Power Plc launched a new performance period in the share-based incentive plan for key employees

Merus Power
Analyst Comment2026-03-24 08:52 by
Pauli Lohi

Merus Power: Small order recorded

The order is a small step toward achieving this year's growth guidance.

Merus Power
Regulatory press release2026-03-19 17:15

Merus Power Plc: Notification in accordance with chapter 9, section 10 of the Securities Market Act on a change in holdings – Ahlström Invest B.V

Merus Power
Regulatory press release2026-03-19 13:34

Resolutions of the Annual General Meeting and constitutive meeting of the Board of Directors of Merus Power Plc

Merus Power
Merus Power: Growth story with profitable direction in sight16:03
Video2026-03-11 11:27 by
Pauli Lohi, Isa Hudd

Merus Power: Growth story with profitable direction in sight

The extensive report on Merus Power is out now!

Merus Power
Merus Power: Order from Baltics promotes internationalization of energy storage
Analyst Comment2026-03-11 07:54 by
Pauli Lohi

Merus Power: Order from Baltics promotes internationalization of energy storage

The order is also significant from the perspective of this year's growth.

Merus Power
Regulatory press release2026-03-10 09:30

Insider information: Merus Power receives significant energy storage order from Latvia

Merus Power