Merry Electronics Co (TPE:2439) EV-to-FCF: -9.61 (As of Aug. 02, 2026)

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TPE:2439 Merry Electronics Co Ltd TPE:2439
79 GF Score
Price NT$80.20
GF Value NT$119.83
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Merry Electronics Co EV-to-FCF?

Merry Electronics Co TPE:2439 -0.87% 79 EV-to-FCF is -9.61 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. Among 1,300 Hardware companies, Merry Electronics Co ranks worse than 76923% on this metric.

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 for today is -9.61.

The historical rank and industry rank for Merry Electronics Co's EV-to-FCF or its related term are showing as below:

TPE:2439' s EV-to-FCF Range Over the Past 10 Years
Min: -96.73   Med: 10.54   Max: 106.83
Current: -9.99

During the past 13 years, the highest EV-to-FCF of Merry Electronics Co was 106.83. The lowest was -96.73. And the median was 10.54.

TPE:2439's EV-to-FCF is ranked worse than
100% of 1300 companies
in the Hardware industry
Industry Median: 22.145 vs TPE:2439: -9.99

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-02), Merry Electronics Co's stock price is NT$80.20. Merry Electronics Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$4.620. Therefore, Merry Electronics Co's PE Ratio (TTM) for today is 17.36.


Merry Electronics Co  (TPE:2439) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Merry Electronics Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=80.20/4.620
=17.36

Merry Electronics Co's share price for today is NT$80.20.
Merry Electronics Co'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 NT$4.620.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Merry Electronics Co EV-to-FCF Related Terms


Merry Electronics Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Merry Electronics Co's EV-to-FCF 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 EV-to-FCF Chart

Merry Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.21 4.19 14.13 18.91 -79.66

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
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.67 -66.02 43.58 -79.66 -10.24

TPE:2439 vs AAPL: EV-to-FCF Comparison

For the Consumer Electronics subindustry, Merry Electronics Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Merry Electronics Co EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Merry Electronics Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Merry Electronics Co's EV-to-FCF falls into.


TPE:2439
79GF Score
Merry Electronics Co Ltd TPE:2439
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merry Electronics Co EV-to-FCF Calculation

Merry Electronics Co's EV-to-FCF for today is calculated as:

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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -9.61 mean?
Merry Electronics Co (TPE:2439) has a EV-to-FCF of -9.61 as of Aug. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Merry Electronics Co and its competitors. According to the industry distribution chart, Merry Electronics Co ranks #999999 out of 1300 companies in the Hardware industry.
Is Merry Electronics Co's EV-to-FCF too high?
Merry Electronics Co's current EV-to-FCF is -9.61. Based on the distribution chart, Merry Electronics Co ranks #999999 out of 1300 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Merry Electronics Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Merry Electronics Co's EV-to-FCF compare to AAPL?
According to the Hardware industry distribution chart, Merry Electronics Co ranks #999999 out of 1300 companies for EV-to-FCF. This places Merry Electronics Co in the lower half of its industry. The industry median EV-to-FCF is 22.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 22.15, based on 1,300 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Merry Electronics Co and its competitors. For the Hardware industry, the median EV-to-FCF is 22.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merry Electronics Co's current EV-to-FCF is -9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merry Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Merry Electronics Co (TPE:2439) is currently considered Possible Value Trap. The stock's GF Value™ is NT$119.83, compared to a current price of NT$80.20 — trading 33.1% below its estimated fair value. The current EV-to-FCF is -9.61. Merry Electronics Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Merry Electronics Co (TPE:2439), the current EV-to-FCF is -9.61 as of Aug. 02, 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 Merry Electronics Co (TPE:2439) Overvalued in 2026?

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:

  • EV-to-FCF: -9.61
  • GF Value™: NT$119.83 vs. price of NT$80.20 (33.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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.


Merry Electronics Co Business Description

Address No. 22, 23 Road, Taichung Industrial Park, Nantun District, Taichung, TWN, 408213
Merry Electronics Co Ltd is a Taiwan-based company that is engaged in producing and selling products, including headsets, speakers, microphones, batteries, and personal sound amplifiers. The company's products are applied to a series of business areas, including mobile devices, audio visual devices, computer peripherals, consumer electronics, and healthcare. The company has service sites located around the world, including in Taiwan, Shenzhen, Singapore, Vietnam, Thailand and others.
79GF Score

Get the complete analysis for TPE:2439

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$80.20
Price
NT$119.83
GF Value