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Merus Power

6.52 EUR+0.93 %13/10 17:29
2,366 following

MERUS

First North Finland

Electrical Equipment

Industrials

Overview
Financials & Estimates
Short Selling
Investor views
Compare
+0.93 %
+18.55 %
+36.40 %
+55.98 %
+49.20 %
+40.82 %
+28.85 %
-19.61 %
-4.69 %

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
53.58M EUR
Turnover
14.28K EUR
P/E (adj.) (26e)
157.56
EV/EBIT (adj.) (26e)
36.1
P/B (26e)
4.99
EV/S (26e)
0.96
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
6.50 EUR
Updated
2026-09-30
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 2026-10-01

Latest extensive report

Released: 2026-02-23

Revenue and EBIT-%
EPS and dividend
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Forum discussions
In these consultation statements, people always paint the worst-case scenarios—I can say this from personal experience. You really need a rather solid and detailed understanding of the electricity market and its players to grasp any of the actual impacts from them. ChatGPT doesn’...
10/11/2026, 9:21 AM
by ollikohan
11
Yle Uutiset – 10 Oct 26 Käänne: Datakeskukset siirretään sähköjonon hännille, koska vyöry yllätti... Uusi laki voi viivästyttää uusien datakeskuksien rakentamista jopa vuoden. “Ensimmäisessä etusijaluokassa olisivat kotitaloudet ja pienehköt yritykset. Toisessa luokassa olisi hieman...
10/10/2026, 7:02 PM
by tonotsa
7
As I understand it, the aim here is to steer electricity storage systems to areas where the grid has capacity. From the power system’s perspective, it’s very challenging if storage is located in the same regions as large flexible consumption; this increases regional consumption peaks...
10/11/2026, 7:39 AM
by ollikohan
6
This has actually been studied extensively over the past decades: a person’s precision and stamina are much lower during night work, and their health also deteriorates in the long run. That’s why, in the process industry for example, all deviations, maintenance, parts replacements...
10/7/2026, 7:26 PM
by pete
5
Moving to two shifts already increases profitability significantly, and that should be a near-term goal. A third shift would improve it significantly more. I don’t quite fully understand your comment; for example, pharmaceutical and semiconductor plants also run three shifts. They...
10/6/2026, 3:56 PM
by Janne
2
You are certainly partly right, but in my opinion, “as far as I understand, that matter is of little significance to the company” is too optimistic a statement. 176 statements have been submitted regarding this legislative proposal, and they make for quite interesting reading, so...
10/11/2026, 8:44 AM
by tonotsa
1
As you pointed out, everything can be done in three shifts. Subcontractors used to do high-precision mobile phone assembly in three shifts (back when robots didn’t assemble them yet). That’s when capital productivity is at its best. Personally, I’m always skeptical whenever someone...
10/7/2026, 6:30 PM
by Janne
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Merus Power: CMD painted a bright picture, but valuation is strained
Research2026-10-01 10:00 by
Pauli Lohi

Merus Power: CMD painted a bright picture, but valuation is strained

The share price already prices in a significant improvement in the margin level.

Merus Power
Merus Power CMD: Profitability in focus12:58
Video2026-09-30 13:32 by
Pauli Lohi

Merus Power CMD: Profitability in focus

At the core of Merus Power's strategy update are, above all, profitability and a strong focus on the power quality market.

Merus Power
Merus Power shared its expected growth strategy for 2027–2030
Analyst Comment2026-09-30 09:37 by
Pauli Lohi

Merus Power shared its expected growth strategy for 2027–2030

The financial targets clearly exceed our estimates.

Merus Power

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Regulatory press release2026-09-30 07:00

Merus Power announces its strategy and financial targets for 2027–2030

Merus Power
Merus Power CMD preview: Recharging the growth story
Analyst Comment2026-09-24 07:55 by
Pauli Lohi

Merus Power CMD preview: Recharging the growth story

We expect profitable growth to continue and to be weighted outside of Finland.

Merus Power
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
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