(MRCY) Mercury Systems - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US5893781089
Stock: Defense Electronics, Processing Modules, RF Systems, Data Storage
Total Rating 65
Risk 90
Buy Signal -0.89
| Risk 5d forecast | |
|---|---|
| Volatility | 45.4% |
| Relative Tail Risk | -12.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.49 |
| Alpha | 77.82 |
| Character TTM | |
|---|---|
| Beta | 1.129 |
| Beta Downside | 0.178 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.90% |
| CAGR/Max DD | 0.43 |
EPS (Earnings per Share)
Revenue
Description: MRCY Mercury Systems March 05, 2026
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.
Headlines to watch out for
- 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, 0-10) 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 March 13, 2026, the stock is trading at USD 86.00 with a total of 267,725 shares traded.
Over the past week, the price has changed by -4.14%, over one month by +1.48%, over three months by +9.33% and over the past year by +93.44%.
Over the past week, the price has changed by -4.14%, over one month by +1.48%, over three months by +9.33% and over the past year by +93.44%.
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?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 97.5 | 13.4% |
| Analysts Target Price | 97.5 | 13.4% |
MRCY Fundamental Data Overview March 10, 2026
P/E Forward = 70.922
P/S = 5.6898
P/B = 3.5532
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 = 5.70b USD (5.36b + Debt 674.7m - CCE 335.0m)
Interest Coverage Ratio = -0.16 (Ebit TTM -5.17m / Interest Expense TTM 31.8m)
EV/FCF = 59.26x (Enterprise Value 5.70b / FCF TTM 96.2m)
FCF Yield = 1.69% (FCF TTM 96.2m / Enterprise Value 5.70b)
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 = 2.28 (Enterprise Value 5.70b / 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 = 9.06% (E(5.36b)/V(6.04b) * Re(10.08%) + D(674.7m)/V(6.04b) * Rd(1.16%) * (1-Tc(0.21)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.49%
[DCF] Terminal Value 73.49% ; FCFF base≈96.4m ; Y1≈91.8m ; Y5≈88.2m
[DCF] Fair Price = 16.02 (EV 1.30b - Net Debt 339.7m = Equity 961.5m / Shares 60.0m; r=9.06% [WACC]; 5y FCF grow -6.19% → 2.90% )
EPS Correlation: -28.57 | EPS CAGR: -28.74% | SUE: 0.30 | # 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=-0.050 | Chg30d=-0.050 | Revisions Net=-4 | Growth EPS=+51.1% | Growth Revenue=+4.5%
EPS next Year (2027-06-30): EPS=1.50 | Chg7d=-0.008 | Chg30d=-0.008 | Revisions Net=+1 | Growth EPS=+55.0% | Growth Revenue=+9.8%
[Analyst] Revisions Ratio: -0.67 (1 Up / 5 Down within 30d for Current Year)
P/S = 5.6898
P/B = 3.5532
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 = 5.70b USD (5.36b + Debt 674.7m - CCE 335.0m)
Interest Coverage Ratio = -0.16 (Ebit TTM -5.17m / Interest Expense TTM 31.8m)
EV/FCF = 59.26x (Enterprise Value 5.70b / FCF TTM 96.2m)
FCF Yield = 1.69% (FCF TTM 96.2m / Enterprise Value 5.70b)
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 = 2.28 (Enterprise Value 5.70b / 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 = 9.06% (E(5.36b)/V(6.04b) * Re(10.08%) + D(674.7m)/V(6.04b) * Rd(1.16%) * (1-Tc(0.21)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.49%
[DCF] Terminal Value 73.49% ; FCFF base≈96.4m ; Y1≈91.8m ; Y5≈88.2m
[DCF] Fair Price = 16.02 (EV 1.30b - Net Debt 339.7m = Equity 961.5m / Shares 60.0m; r=9.06% [WACC]; 5y FCF grow -6.19% → 2.90% )
EPS Correlation: -28.57 | EPS CAGR: -28.74% | SUE: 0.30 | # 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=-0.050 | Chg30d=-0.050 | Revisions Net=-4 | Growth EPS=+51.1% | Growth Revenue=+4.5%
EPS next Year (2027-06-30): EPS=1.50 | Chg7d=-0.008 | Chg30d=-0.008 | Revisions Net=+1 | Growth EPS=+55.0% | Growth Revenue=+9.8%
[Analyst] Revisions Ratio: -0.67 (1 Up / 5 Down within 30d for Current Year)