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Merry Electronics Co Ltd TPE:2439
Merry Electronics Co TPE:2439 -0.87% 79 Enterprise Value is NT$16,970 Mil as of Aug. 02, 2026. GuruFocus rates TPE:2439 with a GF Score™ of 79/100 and a GF Value™ of NT$119.83 (Possible Value Trap). The stock has 4 warning signs investors should review.
Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Merry Electronics Co's Enterprise Value is NT$16,970 Mil. Merry Electronics Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$2,224 Mil. Therefore, Merry Electronics Co's EV-to-EBIT ratio for today is 7.63.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Merry Electronics Co's Enterprise Value is NT$16,970 Mil. Merry Electronics Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$3,017 Mil. Therefore, Merry Electronics Co's EV-to-EBITDA ratio for today is 5.63.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Merry Electronics Co's Enterprise Value is NT$16,970 Mil. Merry Electronics Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NT$48,604 Mil. Therefore, Merry Electronics Co's EV-to-Revenue ratio for today is 0.35.
EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Merry Electronics Co's Enterprise Value is NT$16,970 Mil. Merry Electronics Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-332 Mil. Therefore, Merry Electronics Co's EV-to-OCF ratio for today is -51.16.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Merry Electronics Co's Enterprise Value is NT$16,970 Mil. Merry Electronics Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-1,766 Mil. Therefore, Merry Electronics Co's EV-to-FCF ratio for today is -9.61.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Merry Electronics Co (TPE:2439) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Merry Electronics Co's EV-to-EBIT for today is
| EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
| = | 16970.329 | / | 2224.497 | |
| = | 7.63 |
Merry Electronics Co's current Enterprise Value is NT$16,970 Mil.
Merry Electronics Co's EBIT 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 NT$2,224 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Merry Electronics Co's EV-to-EBITDA for today is:
| EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA(TTM) |
| = | 16970.329 | / | 3016.846 | |
| = | 5.63 |
Merry Electronics Co's current Enterprise Value is NT$16,970 Mil.
Merry Electronics Co'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 NT$3,017 Mil.
3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
Merry Electronics Co's EV-to-Revenue for today is:
| EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
| = | 16970.329 | / | 48603.503 | |
| = | 0.35 |
Merry Electronics Co's current Enterprise Value is NT$16,970 Mil.
Merry Electronics Co's Revenue 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 NT$48,604 Mil.
4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.
Merry Electronics Co's EV-to-OCF for today is:
| EV-to-OCF | = | Enterprise Value (Today) | / | Cash Flow from Operations (TTM) |
| = | 16970.329 | / | -331.726 | |
| = | -51.16 |
Merry Electronics Co's current Enterprise Value is NT$16,970 Mil.
Merry Electronics Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-332 Mil.
5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.
Merry Electronics Co's EV-to-FCF for today is:
| EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
| = | 16970.329 | / | -1766.366 | |
| = | -9.61 |
Merry Electronics Co's current Enterprise Value is NT$16,970 Mil.
Merry Electronics Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,766 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.
The historical data trend for Merry Electronics Co's Enterprise Value 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.
| Merry Electronics Co Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Enterprise Value | Get a 7-Day Free Trial |
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22,946.83 | 16,989.71 | 23,739.19 | 22,780.79 | 22,824.13 | |||||||||||||
| Merry Electronics Co Quarterly Data | ||||||||||||||||||||
| Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | Jun25 | Sep25 | Dec25 | Mar26 | |
| Enterprise Value | Get a 7-Day Free Trial |
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23,403.74 | 22,963.06 | 23,328.58 | 22,824.13 | 18,086.20 | ||
For the Consumer Electronics subindustry, Merry Electronics Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
For the Hardware industry and Technology sector, Merry Electronics Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Merry Electronics Co's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Merry Electronics Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
| Enterprise Value (A: Dec. 2025 ) | |||||
| = | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
| = | 24798.8002 | + | 0 | + | 2924.769 |
| + | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
| + | 4448.656 | + | 1538.504 | - | 10886.6 |
| = | 22,824 |
Merry Electronics Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as
| Enterprise Value (Q: Mar. 2026 ) | |||||
| = | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
| = | 21057.197 | + | 0 | + | 2926.243 |
| + | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
| + | 1466.417 | + | 1693.43 | - | 9057.083 |
| = | 18,086 |
* 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.
Based on GuruFocus' analysis, Merry Electronics Co stock appears to be undervalued. The current stock price of NT$80.20 is trading 33.1% below its estimated GF Value™ of NT$119.83. GuruFocus considers Merry Electronics Co to be Possible Value Trap.
Key valuation signals for TPE:2439:
No single metric tells the full story. See the TPE:2439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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