Energy / Oil & Gas Exploration & ProductionUpdated 2026-05-10 22:07 UTC

TSX/MER stock hub

TSX/MER has a live ticker hub with the latest available market, valuation, profitability, growth, ownership, and risk indicators.

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Fair value midpoint

n/a

Fair value pending

Upside to midpoint

n/a

Based on latest report

Confidence

n/a

Data quality and model convergence

Market cap

1.6B

Toronto Stock Exchange

Market data

Live price

Current market quote for this ticker.

Current price

TSX/MER

In the news

Latest news · TSX/MER

Recent company headlines from major financial publishers.

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Fetching the latest headlines.

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Fetching the latest headlines.

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Fetching the latest headlines.

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector context

Where the current metrics sit

Percentiles come from the backend screener cohort cache for the ticker's country and sector.

Forward P/E18.9

P25 10P50 13.3P75 20.8

Trailing P/En/a

P25 11.5P50 17.4P75 34.3

ROE-4.8

P25 -46.6P50 -4P75 9.1

ROIC-33

P25 -23.3P50 -1.2P75 6.7

Benchmarks - 1M

S&P 500n/a

Nasdaq Compositen/a

Dow Jones Industrial Averagen/a

Russell 2000n/a

Indicator catalog

All TSX/MER market and fundamental indicators

A searchable catalog of the available market, valuation, profitability, growth, balance-sheet, ownership, and analyst metrics for this ticker.

Available fields

202

Groups with data

Currency

USD

Showing 202 of 202 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 1.3B
Exchange	Toronto Stock Exchange
Financial currency	USD
First seen	2026-05-10
Industry	Oil & Gas Exploration & Production
Isin	CA5889141019
Last refreshed	2026-05-10
Market cap	CAD 1.6B
Price	CAD 2.33
Price currency	CAD
Rev Per Employee	15,414,131.04x
Sector	Energy
Sic	1311
Symbol	tsx/MER
Website	https://mereninc.com

Valuation

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

Metric	Value
Earnings Yield	-2.75%
EV Earnings	-30.95x
EV/EBIT	9.53x
EV/EBITDA	3.14x
EV/FCF	4.97x
EV/Sales	1.74x
FCF yield	17.11%
Forward P/E	18.91x
P/B ratio	1.5x
P/S ratio	2.04x

Profitability

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

Metric	Value
EBIT Margin	18.25%
EBITDA Margin	55.43%
FCF margin	34.98%
Gross margin	62.12%
Gross Profit	CAD 478.8M
Net Income	CAD -43.3M
Net Income Growth Years	0%
Pretax Margin	2.1%
Profit Margin	-5.62%
Profit Per Employee	CAD -866,548
ROA	5
Roa5y	-3.45
ROCE	6.48
ROE	-4.81
Roe5y	-3.55
ROIC	-33.03
Roic5y	-19.53

Growth

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

Metric	Value
Cagr10y	3.32%
Cagr15y	3.42%
Cagr1y	45.95%
Cagr20y	-1.15%
Cagr3y	0.79%
Cagr5y	18.89%
Div CAGR3	45.05%
EPS Growth Years	0
Revenue Growth Years	0x

Financial strength

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

Metric	Value
Asset Turnover	CAD 0.44
Assets	CAD 2.7B
Cash	CAD 239.5M
Current Assets	CAD 476.8M
Current Liabilities	CAD 502.7M
Debt	CAD 5.2M
Debt EBITDA	CAD 0.01
Debt Equity	CAD 0
Debt FCF	CAD 0.02
Equity	CAD 1.1B
Interest Coverage	3.38
Liabilities	CAD 1.6B
Long Term Assets	CAD 2.2B
Long Term Liabilities	CAD 1.1B
Net Cash	CAD 234.3M
Net Cash By Market Cap	CAD 14.87
Net Cash Growth	162.52%
Net Debt EBITDA	CAD -0.55
Net Debt Equity	CAD -0.22
Net Debt FCF	CAD -0.87
Tangible Book Value	CAD 990.2M
Tangible Book Value Per Share	CAD 1.47
WACC	-0.72

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	0.95
Net Working Capital	CAD -264.2M
Quick ratio	0.68
Working Capital	CAD -25.9M
Working Capital Turnover	CAD 35.68

Dividends and buybacks

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

Metric	Value
Buyback Yield	-38.95%
Dividend Growth	136.81%
Dividend Growth Years	1%
Dividend per share	CAD 0.2
Dividend Years	5
Dividend Yield	8.72%
Ex Div Date	2026-03-20
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	38.64%
1Y total return	45.91%
200-day SMA	1.97
3Y total return	2.4%
50-day SMA	2.33
50-day SMA vs 200-day SMA	50over200
5Y total return	137.51%
All Time High	15.25
All Time High Change	-84.72%
All Time High Date	1996-05-17
All Time Low	0.15
All Time Low Change	1,453.33%
All Time Low Date	1998-09-29
ATR	0.08
Beta	0.38
Beta1y	-0.21
Beta2y	0.7
Ch YTD	29.44
High	2.36
High52	2.58
High52 Date	2026-03-31
High52ch	-9.51%
Low	2.32
Low52	1.61
Low52 Date	2025-07-15
Low52ch	44.72%
Ma50ch	0%
Price vs 200-day SMA	18.21%
RSI	45.17
RSI Monthly	56.2
RSI Weekly	58.71
Sharpe ratio	1.17x
Sortino ratio	1.95
Total Return	-30.23%
Tr YTD	32.41
Tr15y	65.58%
Tr1m	-5.28%
Tr1w	-4.9%
Tr3m	13.5%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Operating Income	CAD 140.7M
Operating margin	18.25

Ownership and float

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

Metric	Value
Float	433,394,660%
Net Borrowing	-575,117,935
Shares Insiders	0.38%
Shares Institutions	17.88%
Shares Out	676,115,307
Shares Qo Q	-0.96%
Shares Yo Y	38.95%

Other indicators

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

Metric	Value
Adjusted FCF	CAD 269.6M
Average Volume	734,538.3x
Bv Per Share	1.55
CAPEX	CAD -104.2M
Ch10y	11.48
Ch15y	33.14
Ch1m	-5.28
Ch1w	-4.9
Ch1y	30.9
Ch20y	-36.16
Ch3m	10.95
Ch3y	-14.34
Ch5y	90.98
Ch6m	30.9
Change	-0.85%
Change From Open	-1.27
Close	2.35
Days Gap	0.43
Depreciation Amortization	285,713,450
Dollar Volume	814,032.1
Earnings Date	2026-05-12
EBIT	CAD 140.7M
EBITDA	CAD 427.2M
EPS	CAD -0.07
F Score	3
FCF	CAD 269.6M
FCF EV Yield	20.1x
FCF Per Share	CAD 0.4
Financing CF	-773,311,680
Fiscal Year End	December
Founded	1,993
Income Tax	CAD 59.5M
Investing CF	554,892,264
Is Primary Listing	1
Last Earnings Date	2026-02-24
Last Report Date	2025-12-31
Last Split Date	1999-09-22
Last Split Type	Reverse
Ma150	2.03
Ma150ch	14.67%
Ma20	2.42
Ma20ch	-3.8%
Net CF	155,347,896
Next Earnings Date	2026-05-12
Open	2.36
P FCF Ratio	5.84
P OCF Ratio	4.21
Payment Date	2026-04-07
Position In Range	25
Ppne	1,937,383,260
Price Date	2026-05-08
Price EBITDA	CAD 3.69
Ptbv Ratio	1.59
Relative Volume	0.48x
Revenue	770,706,552x
Tax By Revenue	7.72x
Tax Rate	367.8%
Tr20y	-20.61%
Tr6m	37.83%
Volume	349,370
Z Score	0.24

Fast facts

Decision checkpoints

A compact product layer over the same report payload.

Risk gate

n/a

Named kill scenarios are reviewed before any bullish rating can stand.

Moat score

n/a

Business quality stays separate from stock attractiveness.

Forward P/E

n/a

Valuation uses the full report model stack, not a single multiple.

Next action

Research pending

Final action steps are kept in the recommendation tab.

Income

TSX/MER dividend yield, growth & safety

Yield, payout sustainability, and the multi-year growth streak.

Dividend yield

+8.7%

$0.20 annual per share

Payout ratio

n/a

Share of earnings returned as dividends. Below 60% is generally sustainable.

5Y dividend CAGR

n/a

1 consecutive years of growth

Total shareholder yield

-30.2%

Next ex-dividend date: 2026-03-20

Performance

TSX/MER stock returns vs the market

Total return (incl. dividends) compared to S&P 500.

Ownership

Who owns TSX/MER?

Insider, institutional, and short-interest positioning.

Institutional ownership

+17.9%

Share of float held by funds and institutions

Insider ownership

+0.4%

Stake held by company insiders. Higher generally signals alignment.

Short interest

n/a

Float sold short by bearish positioning

Y/Y dilution

+38.9%

Negative means the company is buying back shares.

Technical

TSX/MER momentum and risk profile

RSI, moving-average stack, beta, and risk-adjusted return.

RSI (14)

45.2

Neutral momentum band

Price vs 200-day MA

+18.2%

50/200-day relationship not available

Beta (5Y)

0.38

Less volatile than the market

Sharpe ratio

1.17

Risk-adjusted return — higher is better; >1.0 is solid.

Questions

About TSX/MER

Hub-level FAQ points readers to the deeper analysis pages.

What is the current tsx/MER stock rating?

tsx/MER is currently shown with the latest rating in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full tsx/MER analysis?

The full report lives at /stocks/tsx/MER/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.

What fair-value range is used for tsx/MER?

The latest report frames tsx/MER around the latest fair-value range. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.

How often is the tsx/MER page updated?

The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.