MERCIALYS chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.85
Dividend & Yield0.96€ (9.35%)
Beta N/A
Market capitalization 987.17M
Operating cash flow 150.12M
ESG Scores unknown

Company description

Mercialys is one of France's leading real estate companies, focused exclusively on shopping centers and high-street retail assets. At June 30, 2020, Mercialys had a portfolio of 2,111 leases, representing a rental value of Euro 182.3 million on an annualized basis. At June 30, 2020, it owned properties with an estimated value of Euro 3.5 billion (including transfer taxes). Mercialys has had “SIIC” real estate investment trust (REIT) tax status since November 1, 2005 and has been listed on Euronext Paris Compartment A (ticker: MERY) since its initial public offering on October 12, 2005. At June 30, 2020, there were 92,049,169 shares outstanding.

Sector: Real Estate - Industry: REIT—Retail

Financial Ratios
Quick Ratio1.82
Working Capital0.36
Return On Equity0.08
Debt To Equity1.66
Fixed Asset Ratio0
Fixed Interest Cover2.79

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -929k 1.55M 1.09M
Total Cashflows From Investing Activities 79.09M 126.76M 14.72M 59M
Net Borrowings -413.34M 194.41M -297.69M -126.81M
Total Cash From Financing Activities -539.08M 130.95M -358M -250.2M
Change To Operating Activities -579k 792k 708k 6.33M
Issuance Of Stock 960k 264k 264k
Net Income 90.34M 85.83M 62.18M 43.09M
Change In Cash -305.03M 392.59M -207.53M -41.07M
Effect Of Exchange Rate
Total Cash From Operating Activities 154.96M 134.88M 135.74M 150.12M
Depreciation 39.32M 39.34M 37.64M 46.13M
Change To Account Receivables -759k 4.14M -8.23M
Other Cashflows From Financing Activities -26.71M -17.68M -38.18M -36.92M
Change To Netincome 26.45M 1.79M 40.84M 54.57M
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 102.47M 96.17M 71.91M 52.52M
Net Income 90.34M 85.83M 62.18M 43.09M
Selling General Administrative 12.41M 13.12M 14.76M 18.69M
Gross Profit 179.2M 147.36M 160.04M 165.93M
Ebit 117.71M 90.21M 102.85M 106.23M
Operating Income 117.71M 90.21M 102.85M 106.23M
Interest Expense -30.89M -31.45M -36.87M -53.48M
Income Tax Expense 3.27M 2.02M 848k 709k
Total Revenue 191.85M 175.44M 172.23M 173.28M
Cost Of Revenue 12.65M 28.08M 12.19M 7.34M
Total Other Income ExpenseNet -15.24M 5.96M -30.94M -53.7M
Net Income From Continuing Ops 99.2M 94.15M 71.06M 51.81M
Net Income Applicable To Common Shares 90.34M 85.83M 62.18M 43.09M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.6B 1.83B 1.49B 1.36B
Total Stockholder Equity 657.96M 692.92M 743.12M 725.13M
Other Current Liabilities 31.01M 44.96M 30.48M 48.59M
Total Assets 2.46B 2.72B 2.43B 2.29B
Common Stock 92.05M 92.05M 93.89M 93.89M
Other Current Assets 16.33M 15.15M 74.75M 31.85M
Retained Earnings
Treasury Stock 565.91M 600.88M 649.23M -1k
Cash 72.02M 464.61M 257.18M 216.09M
Total Current Liabilities 315.38M 425.08M 214.06M 189.94M
Other Stockholder Equity 569.51M 604.33M 652.97M -1k
Property, Plant, and Equipment 2.23B 2.06B 1.95B 14.93M
Total Current Assets 129.26M 543.6M 388.72M 276.5M
Net Tangible Assets 654.37M 688.87M 738.09M 721.75M
Net Receivables 40.91M 63.84M 56.79M 28.56M
Accounts Payable 13.84M 15.39M 16.48M 13.91M


Insider Transactions

Here are the insider transactions of stock shares related to MERCIALYS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MERCIALYS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MERCIALYS

Here is the result of two systematic investment strategies applied to MERCIALYS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MERCIALYS

The following chart shows the equity curve of the two systematic investment strategies applied to MERCIALYS:

MERCIALYS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -4.28% on the backtest period.

Performance at glance

Performance

-4.28 %

Latent gain

-74.59 €

Invested capital

1741.04 €

Annualized return

-1.05 %
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Momentum strategy results on MERCIALYS

This is the result of two momentum investment strategies applied to MERCIALYS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MERCIALYS

The following chart shows all the entries opened by the momentum investment system on MERCIALYS:

MERCIALYS momentum entries
  • The first momentum investment strategy would give -8.61% of return on MERCIALYS. That represents -452.61€ of latent gain with 5254.26€ of employed capital.
  • The second momentum investment strategy would give -2.04% of return on MERCIALYS. That represents -40.69€ of latent gain with 1999.01€ of employed capital.
Performance at glance (1Q Momentum)

Performance

-8.61 %

Latent gain

-452.61 €

Invested capital

5254.26 €

Annualized return

27.38 %
Performance at glance (2Q Momentum)

Performance

-2.04 %

Latent gain

-40.69 €

Invested capital

1999.01 €

Annualized return

-0.57 %

Momentum equity curve on MERCIALYS

The following chart shows the equity curve of the two momentum strategies applied to MERCIALYS:

MERCIALYS momentum equity

Note: the dividends potentially given by MERCIALYS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MERCIALYS

The following chart shows the employed capital evolution of the two momentum strategies on MERCIALYS since the beginning:

MERCIALYS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250€, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000€.


Buy the dip strategy result on MERCIALYS

Buy the dip entry openings on MERCIALYS

MERCIALYS

The performance achieved by the robo-advisor on MERCIALYS is 56.95%. That represents 854.1$ of latent gain with 1499.65€ of employed capital. The following chart shows MERCIALYS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MERCIALYS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

56.95 %

Latent gain

854.1 €

Invested capital

1499.65 €

Annualized return

27.38 %

Equity curve of the strategy applied to MERCIALYS

The following chart shows the result of the investment strategy applied to MERCIALYS:

MERCIALYS

Note: the dividends potentially given by MERCIALYS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MERCIALYS

The following chart shows the employed capital evolution since the beginning of the investment strategy on MERCIALYS:

MERCIALYS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MERCIALYS

In this section, I will compare the three previous investment strategies applied to MERCIALYS.

Equity curve comparison on MERCIALYS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MERCIALYS investment strategy comparison

Employed capital comparison on MERCIALYS

MERCIALYS investment comparison

Performance comparison on MERCIALYS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -4.28% -74.59€ 1741.04€ -1.05%
Momentum 1 quarter -8.61% -452.61€ 5254.26€ -2.24%
Momentum 2 quarters -2.04% -40.69€ 1999.01€ -0.57%
Non-directional 56.95% 854.1€ 1499.65€ 27.38%
Annualized return comparison

Automatic investment

-1.05 %

Momentum 1Q

-0.57 %

Momentum 2Q

-0.57 %

Non-directional

27.38 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MERCIALYS:

Positive correlations

Most correlated stocks this year

  • MERCIALYS

  • Most correlated stocks last 3 months

  • WINNING TOWER
  • REM GROUP HLDGS
  • WING TAI PPT
  • MERCIALYS
  • K.H. GP HLDGS
  • LATECOERE

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between MERCIALYS and the other stocks. There may be false positives or some missing correlated stocks. If the price of MERCIALYS does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name MERCIALYS
    Country France
    City Paris
    Address 16-18 rue du Quatre Septembre
    Phone 33 1 53 70 23 20
    Website www.mercialys.com
    FullTime employees
    Industry REIT—Retail
    Sector Real Estate
    Exchange XPAR
    Ticker MERY.XPAR
    Market www.euronext.com

    MERCIALYS ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown