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Merus Power

4.51 EUR

+0.67 %

2,254 following
Corporate customer

MERUS

First North Finland

Electrical Equipment

Industrials

+0.67 %
+3.20 %
+2.50 %
+0.22 %
-8.70 %
-2.17 %
+4.88 %
-
-34.07 %

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 dynamic compensation solutions, power electronics, software engineering and services within electrical engineering. The customer base consists of players in industry, power generation and renewable energy. The company operates on a global level with headquarters in Nokia.

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Market cap
37.06M EUR
Turnover
19.8K EUR
P/E (adj.) (25e)
-46.8
EV/EBIT (adj.) (25e)
117.61
P/B (25e)
3.4
EV/S (25e)
0.82
Dividend yield-% (25e)
-
Coverage
Recommendation
Reduce
Target price
4.50 EUR
Updated
12.01.2026
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 12.01.2026

Latest extensive report

Released: 18.03.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
5.2
2026

Annual report '25

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
A good-sized order: Inderes Sisäpiiritieto: Merus Power toimittaa sähkövaraston Neve Oy:lle, tilauksen... 27.1.2026 16:00:00 EET | Merus Power Oyj | SisäpiiritietoMerus Power Oyj on solminut noin 13 miljoonan euron arvoisen sähkövarastokaupan Neve Oy:n kanssa. Kokoluokaltaan 30 MW...
yesterday
by Juippi
18
@henrielo has visited Merus Power and below is a relatively comprehensive write-up about the company, or at least its recent updates. Merus Power is clearly a growth company and, in terms of profitability, a potential turnaround company. A slight but insufficient earnings turnaround...
12/29/2025, 11:10 AM
by Sijoittaja-alokas
16
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.
yesterday
by Simo Hijoittaja
11
Thanks @Sijoittaja-alokas for actively sharing content. I corrected one of my own typos in the piece: back growth company → clear growth company. Good luck with your 2026!
12/29/2025, 2:28 PM
by Henrielo
5
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...
10 hours ago
by Sijoittaja-alokas
4
Here is a fresh company report on Merus Power from Paul. Merus Power’s announced orders for 2025 do not support the continuation of rapid growth in the short term, which is why we cut our forecasts, especially for 2026. For now, relatively high valuation multiples and the challenging...
1/12/2026, 6:50 AM
by Sijoittaja-alokas
3
This stock has low volume and a wide spread. The bid and ask run out quite quickly if someone decides to make any larger moves in either direction. For example, with purchases of less than €10k, the share price could be pushed back up by that 7%.
1/12/2026, 11:21 AM
by Simo Hijoittaja
2
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