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Merus Power

4.25 EUR

-1.16 %

2,291 following

MERUS

First North Finland

Electrical Equipment

Industrials

Overview
Financials & Estimates
Investor consensus
Compare
-1.16 %
0.00 %
-1.62 %
-2.75 %
-7.61 %
-19.20 %
-16.34 %
-
-37.87 %

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
34.93M EUR
Turnover
17.26K EUR
P/E (adj.) (26e)
228.04
EV/EBIT (adj.) (26e)
28.63
P/B (26e)
3.31
EV/S (26e)
0.67
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
4.70 EUR
Updated
2026-02-23
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 2026-02-23

Latest extensive report

Released: 2026-02-23

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
sttinfo.fi Merus Power ja CATL sähkövarastoyhteistyöhön Pohjois-Euroopassa. | Merus... Merus Power Oyj ja Contemporary Amperex Technology Co., Limited, CATL, ovat allekirjoittaneet strategisen yhteistyösopimuksen, joka koskee noin 3 GWh sähkövarastoratkaisujen toimituksia Pohjois...
6/3/2026, 10:01 AM
by Cadel
15
sttinfo.fi Merus Power toimittaa yli 2 miljoonan euron sähkövaraston Savon Voimalle... Merus Power on tehnyt sopimuksen Savon Voima Oy:n kanssa 5 MW/10 MWh:n sähkövarastosta. Merus Powerin toimituksen arvo on yli 2 miljoonaa euroa. Sähkövarasto toimitetaan Juankoskelle Kuopioon vuoden...
3/24/2026, 6:02 AM
by Cadel
12
Here are Petri’s comments regarding Merus’s partnership agreement with CATL Merus Power announced on Wednesday that it has signed a strategic cooperation agreement with global battery manufacturer CATL for the delivery of approximately 3 gigawatt-hour (GWh) energy storage solutions...
6/4/2026, 5:22 AM
by Sijoittaja-alokas
5
It is fairly certain that electricity storage will grow. Especially short-term storage, i.e., solutions providing synthetic inertia, which Merus has to offer. Already, there are large motors idling in Ostrobothnia and Estonia because natural inertia is insufficient. Solar power and...
4/27/2026, 7:24 PM
4
Here are Pauli’s comments on the new order received by Merus Power. Merus Power announced on Tuesday that it has received a significant energy storage order from Latvia link to the release. The order is the largest in the company’s history from outside Finland and a significant step...
3/11/2026, 8:45 AM
by Sijoittaja-alokas
4
Here are Pauli’s comments on the latest order received by Merus Inderes Merus Power: Pienehkö tilaus kirjoihin - Inderes Tilaus on pieni askel kohti kuluvan vuoden kasvuohjeistuksen saavuttamista.
3/24/2026, 9:03 AM
by Sijoittaja-alokas
3
Pauli and @Isa_Hudd talked about Merus Power in English The extensive report on Merus Power is out now! Analyst Pauli Lohi summarizes the case and its prospects. Inderes Merus Power: Growth story with profitable direction in sight - Inderes Time: 11.03.2026 klo 12.27 The extensive...
3/11/2026, 9:13 PM
by Sijoittaja-alokas
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
20/8
2026

Interim report Q2'26

Merus Power signed a cooperation agreement with a global battery manufacturer
Analyst Comment6/4/2026, 5:46 AM 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 release6/3/2026, 9:57 AM

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

Merus Power
Regulatory press release4/16/2026, 12:00 PM

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

Merus Power

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Merus Power: Small order recorded
Analyst Comment3/24/2026, 7:52 AM 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 release3/19/2026, 4:15 PM

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 release3/19/2026, 12:34 PM

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
Video3/11/2026, 10:27 AM 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 Comment3/11/2026, 6:54 AM 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 release3/10/2026, 8:30 AM

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

Merus Power
Regulatory press release3/10/2026, 6:30 AM

Merus Power Plc: Subscription of shares with option rights 2021

Merus Power
Merus Power Extensive Report: Growth story moving in a more profitable direction
Extensive research2/23/2026, 12:58 PM by
Pauli Lohi

Merus Power Extensive Report: Growth story moving in a more profitable direction

The profitability turnaround and the internationalization of energy storage sales are progressing gradually.

Merus Power
Regulatory press release2/19/2026, 8:15 AM

Notice to the Annual General Meeting of Merus Power Plc

Merus Power
Regulatory press release2/19/2026, 8:00 AM

Merus Power Plc's Annual Report, Sustainability Statement, Remuneration Report 2025 and updated Remuneration Policy published

Merus Power
Merus Power Q4'25: Rapid growth, profitability starting to awaken
Research2/6/2026, 8:58 AM by
Pauli Lohi

Merus Power Q4'25: Rapid growth, profitability starting to awaken

If the profitability turnaround progresses, valuation multiples would decline rapidly.

Merus Power
Merus Power H2'25 flash comment: High revenue, earnings in line with expectations
Analyst Comment2/5/2026, 8:05 AM by
Pauli Lohi

Merus Power H2'25 flash comment: High revenue, earnings in line with expectations

Operational profitability turned positive, but the relative margin level is low.

Merus Power
Regulatory press release2/5/2026, 6:30 AM

Merus Power Plc’s Financial Statements Bulletin January 1–December 31, 2025: Profitability improved, strong growth continued

Merus Power
Merus Power H2’25 preview: Focus on the profitability turnaround
Analyst Comment1/30/2026, 5:15 AM by
Pauli Lohi

Merus Power H2’25 preview: Focus on the profitability turnaround

Revenue growth prospects for the coming years are moderately good, but further evidence of a profitability turnaround is still needed.

Merus Power
Merus Power: New order supports growth outlook for current year
Analyst Comment1/28/2026, 7:31 AM by
Pauli Lohi

Merus Power: New order supports growth outlook for current year

The order facilitates providing upward-trending growth guidance.

Merus Power
Regulatory press release1/27/2026, 2:00 PM

Insider information: Merus Power to supply Neve Oy with energy storage, order value EUR 13 million

Merus Power
Merus Power: Orders point to slowdown in growth
Research1/12/2026, 9:42 AM by
Pauli Lohi

Merus Power: Orders point to slowdown in growth

Individual energy storage orders can have a significant impact on the growth rate.

Merus Power