Mercari (FRA:6TP) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

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FRA:6TP Mercari Inc FRA:6TP
73 GF Score
Price €23.60
GF Value €15.45
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Mercari Goodwill-to-Asset?

Mercari FRA:6TP +2.61% 73 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates FRA:6TP with a GF Score™ of 73/100 and a GF Value™ of €15.45 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mercari's Goodwill for the quarter that ended in Mar. 2026 was €0 Mil. Mercari's Total Assets for the quarter that ended in Mar. 2026 was €3,673 Mil. Therefore, Mercari's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Mercari  (FRA:6TP) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Mercari Goodwill-to-Asset Related Terms


Mercari Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Mercari's Goodwill-to-Asset 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.

Mercari Goodwill-to-Asset Chart

Mercari Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mercari Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset 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 0.00 0.00 0.00 0.00 0.00

FRA:6TP vs AMZN, BABA, PDD: Goodwill-to-Asset Comparison

For the Internet Retail subindustry, Mercari's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Mercari's Goodwill-to-Asset falls into.


FRA:6TP
73GF Score
Mercari Inc FRA:6TP
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercari Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Mercari's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill to Asset (A: Jun. 2025 )=Goodwill/Total Assets
=0/3262.951
=0.00

Mercari's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/3672.77
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Mercari (FRA:6TP) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mercari and its competitors.
Is Mercari's Goodwill-to-Asset too high?
Mercari's current Goodwill-to-Asset is 0.00. 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 Goodwill-to-Asset compare to AMZN and BABA?
Mercari's Goodwill-to-Asset of 0.00 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Retail - Cyclical company?
A good Goodwill-to-Asset depends on the Retail - Cyclical industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mercari and its competitors. Mercari's current Goodwill-to-Asset is 0.00. 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 €15.45, compared to a current price of €23.60 — trading 52.8% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Mercari's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Mercari (FRA:6TP), the current Goodwill-to-Asset is 0.00 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 (FRA:6TP) Overvalued in 2026?

Based on GuruFocus' analysis, Mercari stock appears to be overvalued. The current stock price of €23.60 is trading 52.8% above its estimated GF Value™ of €15.45. GuruFocus considers Mercari to be Significantly Overvalued.

Key valuation signals for FRA:6TP:

  • Goodwill-to-Asset: 0.00
  • GF Value™: €15.45 vs. price of €23.60 (52.8% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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 Business Description

Other Exchanges MCARY:USA4385:Japan
Address 6-10-1 Roppongi, 18th Floor, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118
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 FRA:6TP

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

€23.60
Price
€15.45
GF Value