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MercariHAM:6TP -7.44%60 3-Year Book Growth Rate is 34.50% as of Jun. 2026, which is 26% above its 10-year median of 27.45. GuruFocus rates HAM:6TP with a GF Score™ of 60/100 and a GF Value™ of €16.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,048 Retail - Cyclical companies, Mercari ranks better than 90.55% on this metric.
During the past 12 months, Mercari's average Book Value per Share Growth Rate was 37.50% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 34.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 29.50% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 25.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 11 years, the highest 3-Year average Book Value per Share Growth Rate of Mercari was 89.70% per year. The lowest was -14.50% per year. And the median was 27.45% per year.
Mercari (HAM:6TP) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Mercari 3-Year Book Growth Rate Related Terms
HAM:6TP vs AMZN, BABA, PDD: 3-Year Book Growth Rate Comparison
For the Internet Retail subindustry, Mercari's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mercari 3-Year Book Growth Rate vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Mercari's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 34.50% mean?
Mercari (HAM:6TP) has a 3-Year Book Growth Rate of 34.50% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Mercari and its competitors. This is 26% above median its historical median of 27.45. According to the industry distribution chart, Mercari ranks #99 out of 1048 companies in the Retail - Cyclical industry, placing it in the top 9.4%.
Is Mercari's 3-Year Book Growth Rate too high?
Mercari's current 3-Year Book Growth Rate of 34.50% is 26% above median its 10-year median of 27.45. The Retail - Cyclical industry median 3-Year Book Growth Rate is 4.40. Mercari's value of 34.50% is 684.1% above this industry median. Based on the distribution chart, Mercari ranks #99 out of 1048 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mercari has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's 3-Year Book Growth Rate compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mercari ranks #99 out of 1048 companies for 3-Year Book Growth Rate. This places Mercari in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 4.40. Mercari's value of 34.50% is 684.1% above this benchmark. While the company's 10-year median is 27.45 vs. the industry median of 4.40, Mercari has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Retail - Cyclical company?
The median 3-Year Book Growth Rate among Retail - Cyclical companies is 4.40, based on 1,048 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercari's current 3-Year Book Growth Rate of 34.50% is 684.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Mercari and its competitors. For the Retail - Cyclical industry, the median 3-Year Book Growth Rate is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercari's current 3-Year Book Growth Rate is 34.50%, which is 26% above median its own 10-year median of 27.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercari stock overvalued right now?
Based on GuruFocus' analysis, Mercari (HAM:6TP) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.26, compared to a current price of €22.40 — trading 37.8% above its estimated fair value. The current 3-Year Book Growth Rate is 34.50%, which is 26% above median its 10-year median of 27.45 and 684.1% above the Retail - Cyclical industry median of 4.40. Mercari's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Mercari (HAM:6TP), the current 3-Year Book Growth Rate is 34.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mercari (HAM:6TP) Overvalued in 2026?
Based on GuruFocus' analysis, Mercari stock appears to be overvalued.
The current stock price of €22.40 is trading 37.8% above its estimated GF Value™ of €16.26.
GuruFocus considers Mercari to be Significantly Overvalued.
Key valuation signals for HAM:6TP:
3-Year Book Growth Rate: 34.50% (26% above median its 10-year median of 27.45)
GF Value™: €16.26 vs. price of €22.40 (37.8% above fair value)
Industry Position: 684.1% above the Retail - Cyclical median (#99 of 1048)
No single metric tells the full story. See the HAM:6TP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
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