(MRCY) Mercury Systems - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: NASDAQ (USA) | Market Cap: 4.454m USD | Total Return: 88.1% in 12m
Defense Electronics, Processing Modules, RF Systems, Data Storage
Total Rating 55
Safety 86
Buy Signal -0.11
Aerospace & Defense
Industry Rotation: -4.8
Industry Rotation: -4.8
Market Cap:
4.45B
Avg Turnover: 44.3M USD
Avg Turnover: 44.3M USD
ATR:
5.38%
Peers RS (IBD): 61.3
Peers RS (IBD): 61.3
Risk 5d forecast
Volatility61.1%
Rel. Tail Risk-10.2%
Reward TTM
Sharpe Ratio1.43
Alpha42.72
Character TTM
Beta1.232
Beta Downside0.173
Drawdowns 3y
Max DD49.48%
CAGR/Max DD0.33
EPS (Earnings per Share)
EPS CAGR: -24.16%
EPS Trend: -20.7%
EPS Trend: -20.7%
Last SUE: -0.52
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: -2.19%
Rev. Trend: -27.0%
Rev. Trend: -27.0%
Last SUE: 0.86
Qual. Beats: 1
Qual. Beats: 1
Warnings
Interest Coverage Ratio -0.2 is critical
Choppy
Tailwinds
No distinct edge detected
Description: MRCY Mercury Systems
Mercury Systems, Inc. (MRCY) is a technology company supplying components, modules, and subsystems primarily to the defense sector. Its business model focuses on providing advanced electronics for defense prime contractors, government agencies, and commercial aerospace companies.
The companys product range includes power amplifiers, digital and analog converters, embedded processing boards, and integrated radio frequency assemblies. These products are critical for modern defense applications, including electronic warfare, radar systems, and signals intelligence. The defense electronics sector is characterized by long product lifecycles and high barriers to entry due to stringent qualification processes and specialized technology requirements.
MRCY also develops digital radio frequency memory units, radar environment simulation systems, and signals intelligence payloads for UAV platforms. The company operates globally, with a presence in the United States, Europe, and Asia Pacific, serving a market driven by ongoing defense modernization and technological advancements.
To deepen your understanding of MRCYs market position and financial health, consider exploring its detailed performance metrics on ValueRay.
- Defense spending budgets impact contract awards
- Supply chain disruptions increase component costs
- Government contract delays affect revenue recognition
- Cybersecurity threats drive demand for secure processing
- Aerospace industry growth boosts subsystem sales
Piotroski VR‑10 (Strict)
3.5
| Net Income: -30.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.18 > 1.0 |
| NWC/Revenue: 79.48% < 20% (prev 81.44%; Δ -1.97% < -1%) |
| CFO/TA 0.05 > 3% & CFO 118.7m > Net Income -30.4m |
| Net Debt (339.7m) to EBITDA (71.9m): 4.72 < 3 |
| Current Ratio: 2.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (59.4m) vs 12m ago 1.46% < -2% |
| Gross Margin: 28.16% > 18% (prev 0.27%; Δ 2.79k% > 0.5%) |
| Asset Turnover: 38.44% > 50% (prev 36.67%; Δ 1.78% > 0%) |
| Interest Coverage Ratio: -0.16 > 6 (EBITDA TTM 71.9m / Interest Expense TTM 31.8m) |
Altman Z''
2.31
| A: 0.30 (Total Current Assets 1.13b - Total Current Liabilities 383.0m) / Total Assets 2.50b |
| B: 0.06 (Retained Earnings 154.3m / Total Assets 2.50b) |
| C: -0.00 (EBIT TTM -5.17m / Avg Total Assets 2.45b) |
| D: 0.15 (Book Value of Equity 158.0m / Total Liabilities 1.04b) |
| Altman-Z'' Score: 2.31 = BBB |
Beneish M
-3.17
| DSRI: 0.93 (Receivables 379.8m/383.1m, Revenue 942.5m/880.5m) |
| GMI: 0.96 (GM 28.16% / 26.99%) |
| AQI: 0.94 (AQ_t 0.49 / AQ_t-1 0.52) |
| SGI: 1.07 (Revenue 942.5m / 880.5m) |
| TATA: -0.06 (NI -30.4m - CFO 118.7m) / TA 2.50b) |
| Beneish M-Score: -3.17 (Cap -4..+1) = AA |
What is the price of MRCY shares?
As of April 09, 2026, the stock is trading at USD 80.81 with a total of 622,587 shares traded.
Over the past week, the price has changed by +8.11%, over one month by -9.57%, over three months by -8.94% and over the past year by +88.11%.
Over the past week, the price has changed by +8.11%, over one month by -9.57%, over three months by -8.94% and over the past year by +88.11%.
Is MRCY a buy, sell or hold?
Mercury Systems has received a consensus analysts rating of 3.56.
Therefor, it is recommend to hold MRCY.
- StrongBuy: 3
- Buy: 1
- Hold: 3
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the MRCY price?
| Analysts Target Price | 97.5 | 20.7% |
Mercury Systems (MRCY) - Fundamental Data Overview
as of 06 April 2026
P/E Forward = 49.505 P/S = 4.7258
P/B = 3.055
P/EG = 2.788
Revenue TTM = 942.5m USD
EBIT TTM = -5.17m USD
EBITDA TTM = 71.9m USD
Long Term Debt = 591.5m USD (from longTermDebt, last quarter)
Short Term Debt = 32.3m USD (from shortTermDebt, last quarter)
Debt = 674.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 339.7m USD (from netDebt column, last quarter)
Enterprise Value = 4.79b USD (4.45b + Debt 674.7m - CCE 335.0m)
Interest Coverage Ratio = -0.16 (Ebit TTM -5.17m / Interest Expense TTM 31.8m)
EV/FCF = 49.82x (Enterprise Value 4.79b / FCF TTM 96.2m)
FCF Yield = 2.01% (FCF TTM 96.2m / Enterprise Value 4.79b)
FCF Margin = 10.21% (FCF TTM 96.2m / Revenue TTM 942.5m)
Net Margin = -3.23% (Net Income TTM -30.4m / Revenue TTM 942.5m)
Gross Margin = 28.16% ((Revenue TTM 942.5m - Cost of Revenue TTM 677.1m) / Revenue TTM)
Gross Margin QoQ = 26.04% (prev 27.93%)
Tobins Q-Ratio = 1.92 (Enterprise Value 4.79b / Total Assets 2.50b)
Interest Expense / Debt = 1.16% (Interest Expense 7.85m / Debt 674.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -4.08m (EBIT -5.17m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.96 (Total Current Assets 1.13b / Total Current Liabilities 383.0m)
Debt / Equity = 0.46 (Debt 674.7m / totalStockholderEquity, last quarter 1.46b)
Debt / EBITDA = 4.72 (Net Debt 339.7m / EBITDA 71.9m)
Debt / FCF = 3.53 (Net Debt 339.7m / FCF TTM 96.2m)
Total Stockholder Equity = 1.46b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.24% (Net Income -30.4m / Total Assets 2.50b)
RoE = -2.08% (Net Income TTM -30.4m / Total Stockholder Equity 1.46b)
RoCE = -0.25% (EBIT -5.17m / Capital Employed (Equity 1.46b + L.T.Debt 591.5m))
RoIC = -0.20% (negative operating profit) (NOPAT -4.08m / Invested Capital 2.06b)
WACC = 9.08% (E(4.45b)/V(5.13b) * Re(10.32%) + D(674.7m)/V(5.13b) * Rd(1.16%) * (1-Tc(0.21)))
Discount Rate = 10.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.49%
[DCF] Terminal Value 73.75% ; FCFF base≈96.4m ; Y1≈91.9m ; Y5≈88.5m
[DCF] Fair Price = 16.25 (EV 1.31b - Net Debt 339.7m = Equity 975.2m / Shares 60.0m; r=9.08% [WACC]; 5y FCF grow -6.19% → 3.0% )
EPS Correlation: -20.72 | EPS CAGR: -24.16% | SUE: -0.52 | # QB: 0
Revenue Correlation: -26.98 | Revenue CAGR: -2.19% | SUE: 0.86 | # QB: 1
EPS current Year (2026-06-30): EPS=0.97 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-4 | Growth EPS=+51.1% | Growth Revenue=+4.5%
EPS next Year (2027-06-30): EPS=1.50 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+55.0% | Growth Revenue=+9.6%
[Analyst] Revisions Ratio: -0.67 (1 Up / 5 Down within 30d for Current Year)
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