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Merus Power

4.31 EUR

-0.23 %

2,280 following
Corporate customer

MERUS

First North Finland

Electrical Equipment

Industrials

-0.23 %
-4.01 %
-1.37 %
-3.15 %
-16.15 %
-25.95 %
-27.56 %
-
-37.00 %

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
35.42M EUR
Turnover
8.01K EUR
P/E (adj.) (26e)
231.26
EV/EBIT (adj.) (26e)
28.99
P/B (26e)
3.36
EV/S (26e)
0.68
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
4.70 EUR
Updated
23.02.2026
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 23.02.2026

Latest extensive report

Released: 23.02.2026

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
And another energy storage order is coming in, and most interestingly, in yet another new country. This time, it’s Latvia’s turn. Inside information: Significant energy storage order for Merus Power from Latvia - Inderes A fairly significant order and certainly positive considering...
3/10/2026, 8:33 AM
by KohtiVapautta
17
This was an interesting comment on YouTube regarding yesterday’s video: We’ll see if more challengers will emerge from our neighbor if the market there is indeed saturated. Or is there already so much competition that nothing will change from before. In my opinion, this is one of...
2/26/2026, 6:12 AM
by Verneri Pulkkinen
14
Here is a short video on Merus Power based on the extensive report. Inderes Merus Power: Kuuma markkina, mutta ei ilman kilpailua - Inderes Aika: 25.02.2026 klo 14.09 Sähkövarastoja ja sähkön laaturatkaisuja kauppaava Merus Power tähtää kovaan kasvuun kuumassa markkinassa. Mutta ...
2/25/2026, 12:37 PM
by Verneri Pulkkinen
8
Pauli has written a new extensive report on Merus Power, which is available for everyone to read, as are all extensive reports. Merus Power has grown strongly in recent years and has gained a significant share of the energy storage market in Finland. The industry is competitive and...
2/23/2026, 8:14 AM
by Sijoittaja-alokas
7
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
OP also seems to have initiated coverage this week. Target price is exactly five.
2/24/2026, 10:40 AM
by Alter ego
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...
yesterday
by Sijoittaja-alokas
2
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