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Mersana Therapeutics, Inc. (MRSN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US59045L1061
CUSIP
59045L106
IPO Date
Jun 28, 2017

Highlights

Market Cap
$145.02M
Enterprise Value
$93.21M
EPS (TTM)
-$14.05
Total Revenue (TTM)
$33.18M
Gross Profit (TTM)
$32.89M
EBITDA (TTM)
-$66.25M
Year Range
$5.21 - $30.39
ROA (TTM)
-111.80%
ROE (TTM)
117.71%

Share Price Chart


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Mersana Therapeutics, Inc.

Often compared with MRSN:
MRSN vs. SGMO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Mersana Therapeutics, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


Mersana Therapeutics, Inc.

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.52%0.52%
2025-57.42%-14.04%-34.24%25.77%-20.61%-13.88%-7.43%6.86%6.01%23.45%186.33%5.47%-19.08%
202436.21%72.15%-17.65%-29.24%-26.50%-13.73%-0.50%-21.00%19.62%-4.23%25.97%-37.28%-38.36%
202312.29%-7.90%-32.18%6.57%71.69%-56.25%-62.77%-9.39%14.41%-6.30%38.66%40.61%-60.41%
2022-23.31%-7.97%-9.11%-12.78%-4.02%38.32%9.74%47.93%-9.87%16.27%-15.27%-12.01%-5.79%
2021-28.37%-4.62%-11.00%-1.55%-10.11%-5.17%-19.00%26.64%-32.30%-9.23%-21.26%-7.72%-76.63%

Benchmark Metrics

Mersana Therapeutics, Inc. has an annualized alpha of 18.67%, beta of 1.35, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since June 29, 2017.

  • This stock participated in 174.17% of S&P 500 Index downside but only 31.13% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.04 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
18.67%
Beta
1.35
0.04
Upside Capture
31.13%
Downside Capture
174.17%

Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Mersana Therapeutics, Inc. (MRSN) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History


Mersana Therapeutics, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Mersana Therapeutics, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Mersana Therapeutics, Inc. was 99.13%, occurring on Aug 11, 2025. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.13%Dec 24, 20201161Aug 11, 2025
-93.61%May 29, 2018343Oct 7, 2019181Jun 25, 2020524
-34.46%Sep 17, 202023Oct 19, 202030Dec 1, 202053
-31.86%Oct 4, 201789Feb 9, 201870May 22, 2018159
-30.77%Jul 1, 202047Sep 4, 20205Sep 14, 202052

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Mersana Therapeutics, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Mersana Therapeutics, Inc. is priced in the market compared to other companies in the Biotechnology industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for MRSN relative to other companies in the Biotechnology industry. Currently, MRSN has a P/S ratio of 4.4. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items