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MerckMEX:MRK +1.32%79 EV-to-EBIT is 44.85 as of Aug. 12, 2026, which is 89% above its 10-year median of 23.71. GuruFocus rates MEX:MRK with a GF Score™ of 79/100 and a GF Value™ of MXN2,048.52 (Fairly Valued). The stock has 7 warning signs investors should review. Among 681 Drug Manufacturers companies, Merck ranks worse than 83.99% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Merck's Enterprise Value is MXN6,317,277 Mil.
Merck's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN140,863 Mil. Therefore, Merck's EV-to-EBIT for today is 44.85.
The historical rank and industry rank for Merck's EV-to-EBIT or its related term are showing as below:
MEX:MRK'
s EV-to-EBIT Range Over the Past 10 Years
Min: 10.16 Med: 23.71 Max: 119.7
Current: 47.93
During the past 13 years, the highest EV-to-EBIT of Merck was 119.70. The lowest was 10.16. And the median was 23.71.
MEX:MRK's EV-to-EBIT is ranked worse than 83.99% of 681
companies
in the Drug Manufacturers industry
Industry Median: 15.99
vs MEX:MRK: 47.93
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Merck's Enterprise Value for the quarter that ended in Jun. 2026 was MXN6,376,466 Mil.
Merck's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN140,863 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Merck EV-to-EBIT Related Terms
Merck EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Merck's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:MRK vs AMGN, ABBV, GILD: EV-to-EBIT Comparison
For the Drug Manufacturers - General subindustry, Merck's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Merck EV-to-EBIT vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Merck's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Merck's EV-to-EBIT falls into.
Merck's current Enterprise Value is MXN6,317,277 Mil.
Merck's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN140,863 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Merck (MEX:MRK) has a EV-to-EBIT of 44.85 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merck and its competitors. This is 89% above median its historical median of 23.71. Over the past decade, Merck's EV-to-EBIT has ranged from 10.16 to 119.70. According to the industry distribution chart, Merck ranks #572 out of 681 companies in the Drug Manufacturers industry, placing it in the top 84%.
Is Merck's EV-to-EBIT too high?
Merck's current EV-to-EBIT of 44.85 is 89% above median its 10-year median of 23.71. Over the past 10 years, this metric has ranged from a low of 10.16 to a high of 119.70. The Drug Manufacturers industry median EV-to-EBIT is 15.99. Merck's value of 44.85 is 180.5% above this industry median. Based on the distribution chart, Merck ranks #572 out of 681 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Merck has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Merck's EV-to-EBIT compare to AMGN and ABBV?
According to the Drug Manufacturers industry distribution chart, Merck ranks #572 out of 681 companies for EV-to-EBIT. This places Merck in the lower half of its industry. The industry median EV-to-EBIT is 15.99. Merck's value of 44.85 is 180.5% above this benchmark. Historically, Merck's own EV-to-EBIT has ranged from 10.16 to 119.70 over the past decade. While the company's 10-year median is 23.71 vs. the industry median of 15.99, Merck 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 EV-to-EBIT for a Drug Manufacturers company?
The median EV-to-EBIT among Drug Manufacturers companies is 15.99, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merck's current EV-to-EBIT of 44.85 is 180.5% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merck and its competitors. For the Drug Manufacturers industry, the median EV-to-EBIT is 15.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merck's current EV-to-EBIT is 44.85, which is 89% above median its own 10-year median of 23.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merck stock overvalued right now?
Based on GuruFocus' analysis, Merck (MEX:MRK) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,048.52, compared to a current price of MXN2,268.00 — trading 10.7% above its estimated fair value. The current EV-to-EBIT is 44.85, which is 89% above median its 10-year median of 23.71 and 180.5% above the Drug Manufacturers industry median of 15.99. Merck's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Merck (MEX:MRK), the current EV-to-EBIT is 44.85 as of Aug. 12, 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 Merck (MEX:MRK) Overvalued in 2026?
Based on GuruFocus' analysis, Merck stock appears to be overvalued.
The current stock price of MXN2,268.00 is trading 10.7% above its estimated GF Value™ of MXN2,048.52.
GuruFocus considers Merck to be Fairly Valued.
Key valuation signals for MEX:MRK:
EV-to-EBIT: 44.85 (89% above median its 10-year median of 23.71)
GF Value™: MXN2,048.52 vs. price of MXN2,268.00 (10.7% above fair value)
Industry Position: 180.5% above the Drug Manufacturers median (#572 of 681)
No single metric tells the full story. See the MEX:MRK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform, led by Keytruda, is a major contributor to overall sales. The company also has a substantial vaccine business aimed at preventing pediatric diseases, as well as Gardasil for human papillomavirus. Additionally, Merck sells animal health-related drugs. From a geographical perspective, 47% of the company's sales are generated from US human health (pharmaceuticals and vaccines).
79GF Score
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