MERFTSE:3168 -3.46%52 FCF Margin % is -3.85% as of Feb. 2026. GuruFocus rates TSE:3168 with a GF Score™ of 52/100 and a GF Value™ of 円576.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 847 Metals & Mining companies, MERF ranks worse than 52.18% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. MERF's Free Cash Flow for the
six
months ended in Feb. 2026 was 円-1,756 Mil. MERF's Revenue for the
six
months ended in Feb. 2026 was 円45,592 Mil. Therefore, MERF's FCF Margin % for the quarter that ended in Feb. 2026 was -3.85%.
The historical rank and industry rank for MERF's FCF Margin % or its related term are showing as below:
TSE:3168'
s FCF Margin % Range Over the Past 10 Years
Min: -6.63 Med: -0.94 Max: 3.18
Current: -3.19
During the past 13 years, the highest FCF Margin % of MERF was 3.18%. The lowest was -6.63%. And the median was -0.94%.
TSE:3168's FCF Margin % is ranked worse than 52.18% of 847
companies
in the Metals & Mining industry
Industry Median: -2.17
vs TSE:3168: -3.19
MERF FCF Margin % Related Terms
MERF FCF Margin % Historical Data
* Premium members only.
The historical data trend for MERF'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 Other Industrial Metals & Mining subindustry, MERF'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.
MERF FCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MERF's FCF Margin % distribution charts can be found below:
* The bar in red indicates where MERF'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.
MERF (TSE:3168) has a FCF Margin % of -3.85% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MERF and its competitors. According to the industry distribution chart, MERF ranks #442 out of 847 companies in the Metals & Mining industry, placing it in the top 52.2%.
Is MERF's FCF Margin % too high?
MERF's current FCF Margin % is -3.85%. Based on the distribution chart, MERF ranks #442 out of 847 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MERF has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MERF's FCF Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, MERF ranks #442 out of 847 companies for FCF Margin %. This places MERF in the lower half of its industry. 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 Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. 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 MERF and its competitors. MERF's current FCF Margin % is -3.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERF stock overvalued right now?
Based on GuruFocus' analysis, MERF (TSE:3168) is currently considered Significantly Overvalued. The stock's GF Value™ is 円576.65, compared to a current price of 円1,227.00 — trading 112.8% above its estimated fair value. The current FCF Margin % is -3.85%. MERF's overall GF Score™ is 52/100 with 4 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 MERF (TSE:3168), the current FCF Margin % is -3.85% as of Feb. 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 MERF (TSE:3168) Overvalued in 2026?
Based on GuruFocus' analysis, MERF stock appears to be overvalued.
The current stock price of 円1,227.00 is trading 112.8% above its estimated GF Value™ of 円576.65.
GuruFocus considers MERF to be Significantly Overvalued.
Key valuation signals for TSE:3168:
FCF Margin %: -3.85%
GF Value™: 円576.65 vs. price of 円1,227.00 (112.8% above fair value)
No single metric tells the full story. See the TSE:3168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MERF Inc is engaged in recycling non-ferrous metals, focusing on copper and copper alloys. Its business activities are divided into two main segments: the Ingot Business, which involves the manufacturing of copper alloy ingots, and the Metal Recycling Raw Materials Business, which is engaged in metal recycling. It is also involved in the manufacturing and selling of art and craft products segment.
52GF Score
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