Mercury Systems, Inc.

Mercury Systems, Inc.

MRCYยทNASDAQ

$111.59

+0.65%
IndustrialsAerospace & Defense

Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing modules and boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.

At a Glance

Live Snapshot
Market Cap$6.70B
EPS-0.6500
P/E Ratio-171.68
Earnings Date08/10/2026
Mercury Systems, Inc.

Mercury Systems, Inc. Fair Value Envelope

MRCY ยท NASDAQ

Our analysis suggests that MRCY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $111.59, this represents a potential HIDDEN relative to our calculated worth for Mercury Systems, Inc..

Intrinsic Value
Current Price: $111.59

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$2.0B
+ Cash & Equivalents$309.1M
Firm Value$2.3B
- Debt$644.2M
Equity Value$1.6B
/ Shares Outstanding60,100,136B
DCF Value$27
OVERVALUED BY 76%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
$138.9M
Maintenance CapEx
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
-$4.0M
Owner Earnings
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
$134.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$124.9M
$115.6M
$107.1M
$99.1M
$91.8M
$85.0M
$78.7M
$72.9M
$67.5M
$62.5M
Terminal Value represents 54.0% of Enterprise Value