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Company Analysis

Mersana Therapeutics, Inc. MRSN

A comprehensive view of key metrics, scores, and financial health for Mersana Therapeutics, Inc.

Overview of Mersana Therapeutics, Inc.

MRSN NMS
Healthcare Biotechnology
Mersana Therapeutics, Inc. (MRSN), in the Biotechnology industry, +142.8% 1Y return.
-
0.14%
As of Jan. 5, 2026
Previous close • Vol 90d: 198.0%
52-Week Range
Enterprise Value
$91.30M
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.mersana.com
HQ Cambridge, MA
Employees 102
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$-6
$-5
$-3
Current: $29.08

Engine Room Money Flow™

Biotech / Pre-Revenue - Where revenue goes and how value is created

Flow Steps
Cash on Hand
$107.8M
-38.3%%
Total Revenue
$40.5M
9.9%%
Net Income
$-69.2M
59.7%%
Operating Expense
$113.8M
-45.2%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Biotech / Pre-Revenue

Quality & Reliability Indicators

Cash Runway
15.7 months
Fair

Limited runway, likely needs financing within a year

Locked Metric
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Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Mersana Therapeutics, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
46
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
40
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Trade-Off Ledger

Where management spends the performance budget

Insufficient Data for Analysis

MRSN - Mersana Therapeutics, Inc.

We have limited financial data for MRSN. The Growth and Profitability axes don't have enough metrics for reliable analysis.

Data Coverage by Axis

Growth
0% coverage Below threshold
Profitability
0% coverage N/A
Overall Coverage: 26.7% (Minimum 40% required)

What This Means

  • Currently at 26.7% data coverage (minimum 40% required)
  • Limited peer data available for industry benchmarking
  • Check back after quarterly or annual filings
  • Some metrics may not be applicable to this company's business model

What can you do?

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  • Compare with peers in the same industry that have complete data

Two Futures

Scenario-based fair value ranges for Mersana Therapeutics, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
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  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
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Base
$-4.66
- - -
- upside
Snapshot base estimate
Bull
-
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- upside
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Fair Value Range Current: $-
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