Mercury Systems Inc. MRCY
Electrical Products · IPO 1998 · data as of November 13, 2026
Mercury Systems Inc. (MRCY) is a technology company listed in the US with a market value of about $5.0B. In the twelve months to October 2, 2026 it had revenue of $1.0B and net income of -$4M, a net margin of -0.4%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is financial health (3/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 103.2, 5-year revenue growth of 1% a year, a 5-year average ROIC of -1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 89% below the current price.
Score: 1.4 / 5
Checks passed
- Profit margin improving
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Liabilities below 60% of assets
- 20% to 100% of free cash flow returned to shareholders
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $984M | $912M | $835M | $974M | $988M | $924M | $797M | $655M | $493M | $409M |
| Net income | -$4M | -$30M | -$38M | -$138M | -$28M | $11M | $62M | $86M | $47M | $41M | $25M |
| Free cash flow | $48M | $68M | $119M | $26M | -$60M | -$47M | $52M | $72M | $71M | $28M | $26M |
| EPS (diluted) | $-0.08 | $-0.50 | $-0.65 | $-2.38 | $-0.50 | $0.20 | $1.12 | $1.56 | $0.96 | $0.86 | $0.58 |
| Net margin | -0.4% | -3.0% | -4.2% | -16.5% | -2.9% | 1.1% | 6.7% | 10.8% | 7.1% | 8.3% | 6.1% |
| ROIC | — | 0.0% | -0.7% | -5.0% | -0.6% | 0.9% | 3.7% | 5.7% | 4.7% | 4.7% | 4.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 11 analysts is $107.82, 32% above the current price; targets range from $83.00 to $130.00; the consensus rating is “Buy”; expected EPS is $1.91 for the fiscal year ending June 30, 2027.
Frequently asked questions
Is Mercury Systems stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 89% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Mercury Systems pay a dividend?
Not currently.
Is Mercury Systems a good stock to buy?
We do not give buy or sell advice. Mercury Systems scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.