MercariMCARY 73 FCF Margin % is -92.27% as of Mar. 2026. GuruFocus rates MCARY with a GF Score™ of 73/100 and a GF Value™ of $9.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Mercari ranks worse than 93.96% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Mercari's Free Cash Flow for the
three
months ended in Mar. 2026 was $-355 Mil. Mercari's Revenue for the
three
months ended in Mar. 2026 was $385 Mil. Therefore, Mercari's FCF Margin % for the quarter that ended in Mar. 2026 was -92.27%.
The historical rank and industry rank for Mercari's FCF Margin % or its related term are showing as below:
MCARY'
s FCF Margin % Range Over the Past 10 Years
Min: -26.39 Med: -11.54 Max: 72.92
Current: -26.39
During the past 10 years, the highest FCF Margin % of Mercari was 72.92%. The lowest was -26.39%. And the median was -11.54%.
MCARY's FCF Margin % is ranked worse than 93.96% of 1125
companies
in the Retail - Cyclical industry
Industry Median: 3.02
vs MCARY: -26.39
Mercari FCF Margin % Related Terms
Mercari FCF Margin % Historical Data
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The historical data trend for Mercari's FCF Margin % 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.
For the Internet Retail subindustry, Mercari's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Mercari's FCF Margin % falls into.
* 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 (MCARY) has a FCF Margin % of -92.27% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mercari and its competitors. According to the industry distribution chart, Mercari ranks #1057 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 94%.
Is Mercari's FCF Margin % too high?
Mercari's current FCF Margin % is -92.27%. Based on the distribution chart, Mercari ranks #1057 out of 1125 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mercari has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's FCF Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mercari ranks #1057 out of 1125 companies for FCF Margin %. This places Mercari in the lower half of its industry. The industry median FCF Margin % is 3.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.02, based on 1,125 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mercari and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercari's current FCF Margin % is -92.27%. 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 (MCARY) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.46, compared to a current price of $12.61 — trading 33.3% above its estimated fair value. The current FCF Margin % is -92.27%. Mercari's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Mercari (MCARY), the current FCF Margin % is -92.27% as of Mar. 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 (MCARY) Overvalued in 2026?
Based on GuruFocus' analysis, Mercari stock appears to be overvalued.
The current stock price of $12.61 is trading 33.3% above its estimated GF Value™ of $9.46.
GuruFocus considers Mercari to be Significantly Overvalued.
Key valuation signals for MCARY:
FCF Margin %: -92.27%
GF Value™: $9.46 vs. price of $12.61 (33.3% above fair value)
No single metric tells the full story. See the MCARY 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.
73GF Score
Get the complete analysis for MCARY
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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