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Merus Power

4.43 EUR

0.00 %

2,254 following
Corporate customer

MERUS

First North Finland

Electrical Equipment

Industrials

0.00 %
+3.02 %
+1.37 %
-2.64 %
-11.04 %
-1.56 %
+3.02 %
-
-35.24 %

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
36.4M EUR
Turnover
20.29K EUR
P/E (adj.) (25e)
EV/EBIT (adj.) (25e)
P/B (25e)
EV/S (25e)
Dividend yield-% (25e)
Coverage
Recommendation
Reduce
Target price
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...
1/27/2026, 2:05 PM
by Juippi
18
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.
1/27/2026, 2:30 PM
by Simo Hijoittaja
11
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...
1/28/2026, 7:57 AM
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
Here are Pauli’s preview comments as Merus releases its results on February 5. We estimate that revenue for H2 will be lower than in the comparison period, but will nevertheless grow strongly for the full year in line with the company’s guidance. From the perspective of the investment...
yesterday
by Sijoittaja-alokas
2
Battery prices are really dropping: Alpiq order 36MWh approx. 20 million, Exilion 66MWh approx. 17 million, and now 80MWh for Neve for 13 million.
1/28/2026, 6:50 AM
by Ekiii
2
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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