Is a complete TSX/MER research report available?

No complete published report is available for tsx/MER (TSX/MER) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

tsx/MER stock profile: metrics, valuation and analysis

Market cap	1.5B
Revenue (ttm)	1B
Net income (ttm)	-136.3M
EPS (ttm)	-CA$0.20
Shares out	676.1M
P/E (forward)	10.5x
Dividend	CA$0.21 (9.05%)
Volume	632,037
Beta	0.40

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Market & fundamental data

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225

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Currency

USD

Showing 225 of 225 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	Canada
Country code	CA
Employees	50
Employees Change	25%
Employees Change Percent	100
Enterprise value	CAD 1.8B
Exchange	Toronto Stock Exchange
Financial currency	USD
First seen	2026-05-10
Industry	Oil & Gas Exploration & Production
Industry PE	18.65
Industry PE Fwd	13.54
Isin	CA5889141019
Last refreshed	2026-09-10
Market cap	CAD 1.5B
Price	CAD 2.29
Price currency	CAD
Rev Per Employee	20,597,130.4x
Sector	Energy
Sector PE	21.14
Sector PE Fwd	16.32
Sic	1311
Symbol	tsx/MER
Website	https://mereninc.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	-8.96%
EV/EBIT	8.64x
EV/EBITDA	3.47x
EV/FCF	6.42x
EV/Sales	1.77x
FCF yield	18.72%
Forward P/E	10.51x
P/B ratio	1.52x
P/S ratio	1.48x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	22.42%
EBITDA Margin	53.01%
FCF margin	28.46%
Gross margin	62.05%
Gross Profit	CAD 639M
Gross Profit Growth	220.28%
Gross Profit Growth Q	4.42%
Net Income	CAD -136.3M
Net Income Growth Q	925.81%
Net Income Growth Quarters	1%
Net Income Growth Years	0%
Pretax Margin	0.22%
Profit Margin	-13.24%
Profit Per Employee	CAD -2.7M
Profitable Quarters	CAD 1
ROA	4.81
Roa5y	-3.45
ROCE	10.33
ROE	-11.95
Roe5y	-3.55
ROIC	-1,334.3
Roic5y	-19.54

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	3.81%
Cagr15y	4.96%
Cagr1y	44.14%
Cagr20y	0.59%
Cagr3y	-4.38%
Cagr5y	12.81%
Div CAGR3	44.14%
EPS Growth Q	934.8
EPS Growth Quarters	1
EPS Growth Years	0
OCF Growth	1,384.36%
OCF Growth Q	547.12%
Revenue Growth	397.74x
Revenue Growth Q	183.84x
Revenue Growth Qo Q	72.09x
Revenue Growth Quarters	2x
Revenue Growth Years	0x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	CAD 0.34
Assets	CAD 2.6B
Cash	CAD 110.3M
Current Assets	CAD 408.6M
Current Liabilities	CAD 359.2M
Debt	CAD 416.5M
Debt EBITDA	CAD 0.76
Debt Equity	CAD 0.42
Debt FCF	CAD 1.46
Equity	CAD 1B
Interest Coverage	5.31
Liabilities	CAD 1.6B
Long Term Assets	CAD 2.2B
Long Term Liabilities	CAD 1.2B
Net Cash	CAD -306.2M
Net Cash By Market Cap	CAD -20.13
Net Debt EBITDA	CAD 0.56
Net Debt Equity	CAD 0.31
Net Debt FCF	CAD 1.08
Tangible Book Value	CAD 936.6M
Tangible Book Value Per Share	CAD 1.39
WACC	-129.5

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.14
Inventory Turnover	2.8
Net Working Capital	CAD -58.1M
Quick ratio	0.74
Working Capital	CAD 50.8M
Working Capital Turnover	CAD 13.2

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-33.21%
Dividend Growth	32.17%
Dividend Growth Years	1%
Dividend per share	CAD 0.21
Dividend Years	5
Dividend Yield	9.05%
Ex Div Date	2026-08-20
Last Dividend	CAD 0.05
Payout Frequency	Quarterly

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	45.29%
1Y total return	44.1%
200-day SMA	2.12
3Y total return	-12.57%
50-day SMA	2.11
50-day SMA vs 200-day SMA	50under200
5Y total return	82.72%
All Time High	15.25
All Time High Change	-84.98%
All Time High Date	1996-05-17
All Time Low	0.15
All Time Low Change	1,426.67%
All Time Low Date	1998-09-29
ATR	0.06
Beta	0.4
Beta1y	-0.03
Beta2y	0.58
Ch YTD	27.22
High	2.31
High52	2.58
High52 Date	2026-03-31
High52ch	-11.07%
Low	2.26
Low52	1.67
Low52 Date	2025-11-25
Low52ch	37.13%
Ma50ch	8.43%
Price vs 200-day SMA	7.87%
RSI	60.67
RSI Monthly	54.54
RSI Weekly	58.14
Sharpe ratio	1.07x
Sharpe Ratio3y	-0.07x
Sharpe Ratio5y	0.38x
Sortino ratio	1.78
Sortino Ratio3y	0.06
Sortino Ratio5y	0.71
Total Return	-24.17%
Tr YTD	36.1
Tr15y	106.83%
Tr1m	16.56%
Tr1w	0.88%
Tr3m	6.98%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	433,394,660%
Net Borrowing	-346,125,331.5
Shares Insiders	0.38%
Shares Institutions	22.21%
Shares Out	676,115,307
Shares Qo Q	1.83%
Shares Yo Y	33.21%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	CAD 280.2M
Adjusted OCF	372,776,250
Average Volume	1,430,554.7x
Bv Per Share	1.48
CAPEX	CAD -92.6M
Ch10y	11.71
Ch15y	59.03
Ch1m	13.93
Ch1w	0.88
Ch1y	30.86
Ch20y	-13.58
Ch3m	4.57
Ch3y	-29.32
Ch5y	40.49
Ch6m	1.78
Change	1.78%
Change From Open	0.44
Close	2.25
Days Gap	1.33
Depreciation Amortization	305,980,863
Dollar Volume	1,447,364.7
Earnings Date	2026-08-11
EBIT	CAD 230.9M
EBITDA	CAD 545.9M
EPS	CAD -0.2
F Score	4
FCF	CAD 284.7M
FCF EV Yield	15.58x
FCF Per Share	CAD 0.42
Financing CF	-557,105,230
Fiscal Year End	December
Founded	1,993
Income Tax	CAD 138.6M
Investing CF	-88,472,230
Is Primary Listing	1
Last Earnings Date	2026-08-11
Last Report Date	2026-06-30
Last Split Date	1999-09-22
Last Split Type	Reverse
Ma150	2.21
Ma150ch	3.53%
Ma20	2.24
Ma20ch	2.05%
Net CF	-268,256,890
Next Earnings Date	2026-11-11
Open	2.28
P FCF Ratio	5.34
P FCF Ratio SBC	5.43
P OCF Ratio	4.03
P OCF Ratio SBC	4.08
Payment Date	2026-09-04
Position In Range	60
Ppne	1,852,853,458.5
Price Date	2026-09-09
Price EBITDA	CAD 2.79
Ptbv Ratio	1.62
Relative Volume	0.44x
Revenue	1,029,856,520x
SBC By Revenue	0.44x
Share Based Comp	4,544,320
Tax By Revenue	13.46x
Tax Rate	6,100%
Tr20y	12.39%
Tr6m	8.88%
Volume	632,037
Z Score	0.52

TSX/MER (TSX/MER)

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Profile and market data

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Performance and technicals

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