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MercariFRA:6TP -1.65%75 EV-to-EBITDA is 16.72 as of Jul. 22, 2026, which is 16% above its 10-year median of 14.40. GuruFocus rates FRA:6TP with a GF Score™ of 75/100 and a GF Value™ of €15.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 946 Retail - Cyclical companies, Mercari ranks worse than 78.22% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mercari's enterprise value is €4,092 Mil.
Mercari's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €245 Mil. Therefore, Mercari's EV-to-EBITDA for today is 16.72.
The historical rank and industry rank for Mercari's EV-to-EBITDA or its related term are showing as below:
FRA:6TP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -408.8 Med: 14.4 Max: 520.06
Current: 17.28
During the past 10 years, the highest EV-to-EBITDA of Mercari was 520.06. The lowest was -408.80. And the median was 14.40.
FRA:6TP's EV-to-EBITDA is ranked worse than 78.22% of 946
companies
in the Retail - Cyclical industry
Industry Median: 8.92
vs FRA:6TP: 17.28
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Mercari (FRA:6TP) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mercari's share price for today is €23.80.
Mercari's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.147.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Mercari's EV-to-EBITDA 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.
FRA:6TP vs AMZN, BABA, PDD: EV-to-EBITDA Comparison
For the Internet Retail subindustry, Mercari's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mercari's EV-to-EBITDA falls into.
Mercari's current Enterprise Value is €4,092 Mil.
Mercari's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €245 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.
Mercari (FRA:6TP) has a EV-to-EBITDA of 16.72 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mercari. This is 16% above median its historical median of 14.40. According to the industry distribution chart, Mercari ranks #740 out of 946 companies in the Retail - Cyclical industry, placing it in the top 78.2%.
Is Mercari's EV-to-EBITDA too high?
Mercari's current EV-to-EBITDA of 16.72 is 16% above median its 10-year median of 14.40. The Retail - Cyclical industry median EV-to-EBITDA is 8.92. Mercari's value of 16.72 is 87.4% above this industry median. Based on the distribution chart, Mercari ranks #740 out of 946 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mercari has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's EV-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mercari ranks #740 out of 946 companies for EV-to-EBITDA. This places Mercari in the lower half of its industry. The industry median EV-to-EBITDA is 8.92. Mercari's value of 16.72 is 87.4% above this benchmark. While the company's 10-year median is 14.40 vs. the industry median of 8.92, 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 EV-to-EBITDA for a Retail - Cyclical company?
The median EV-to-EBITDA among Retail - Cyclical companies is 8.92, based on 946 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercari's current EV-to-EBITDA of 16.72 is 87.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mercari. For the Retail - Cyclical industry, the median EV-to-EBITDA is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercari's current EV-to-EBITDA is 16.72, which is 16% above median its own 10-year median of 14.40. 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 (FRA:6TP) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.37, compared to a current price of €23.80 — trading 54.8% above its estimated fair value. The current EV-to-EBITDA is 16.72, which is 16% above median its 10-year median of 14.40 and 87.4% above the Retail - Cyclical industry median of 8.92. Mercari's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mercari (FRA:6TP), the current EV-to-EBITDA is 16.72 as of Jul. 22, 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 (FRA:6TP) Overvalued in 2026?
Based on GuruFocus' analysis, Mercari stock appears to be overvalued.
The current stock price of €23.80 is trading 54.8% above its estimated GF Value™ of €15.37.
GuruFocus considers Mercari to be Significantly Overvalued.
Key valuation signals for FRA:6TP:
EV-to-EBITDA: 16.72 (16% above median its 10-year median of 14.40)
GF Value™: €15.37 vs. price of €23.80 (54.8% above fair value)
Industry Position: 87.4% above the Retail - Cyclical median (#740 of 946)
No single metric tells the full story. See the FRA: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.
75GF Score
Get the complete analysis for FRA:6TP
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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