MRCIF (Mercari) Market Cap: $3,987 Mil (As of Jun. 26, 2026)


MRCIF Mercari Inc MRCIF
62 GF Score
Price $15.88
GF Value $12.01
! 8 Warning Signs
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What is Mercari Market Cap?

Mercari MRCIF 62 Market Cap is $3,987 Mil as of Jun. 26, 2026. GuruFocus rates MRCIF with a GF Score™ of 62/100 and a GF Value™ of $12.01. The stock has 8 warning signs investors should review. Among 1,142 Retail - Cyclical companies, Mercari ranks better than 90.19% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Mercari's share price for the quarter that ended in Mar. 2026 was $15.88. Mercari's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 165 Mil. Therefore, Mercari's market cap for the quarter that ended in Mar. 2026 was $2,621 Mil.

Mercari's quarterly market cap increased from Sep. 2025 ($2,615 Mil) to Dec. 2025 ($2,618 Mil) and increased from Dec. 2025 ($2,618 Mil) to Mar. 2026 ($2,621 Mil).

Mercari's annual market cap declined from Jun. 2023 ($3,158 Mil) to Jun. 2024 ($2,018 Mil) but then increased from Jun. 2024 ($2,018 Mil) to Jun. 2025 ($2,797 Mil).

Enterprise Value is 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 and cash equivalents. Mercari's Enterprise Value for Today is $4,014 Mil.


Mercari  (OTCPK:MRCIF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Mercari Market Cap Related Terms


Mercari Market Cap Historical Data

* Premium members only.

The historical data trend for Mercari's Market Cap 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 Market Cap Chart

Mercari Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,998.74 2,240.14 3,158.32 2,018.29 2,797.32

Mercari Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 2,710.84 2,797.32 2,615.47 2,618.44 2,620.88

MRCIF vs AMZN, BABA, PDD: Market Cap Comparison

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

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

* The bar in red indicates where Mercari's Market Cap falls into.


MRCIF
62GF Score
Mercari Inc MRCIF
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercari Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Mercari's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as

Market Cap (A: Jun. 2025 )=Share Price (A: Jun. 2025 )*Shares Outstanding (EOP) (A: Jun. 2025 )
=$17*164.548
=$2,797

Mercari's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$15.88*165.043
=$2,621

* 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 Market Cap →
What does a Market Cap of $3,987 Mil mean?
Mercari (MRCIF) has a Market Cap of $3,987 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Mercari and its competitors. According to the industry distribution chart, Mercari ranks #112 out of 1142 companies in the Retail - Cyclical industry, placing it in the top 9.8%.
Is Mercari's Market Cap too high?
Mercari's current Market Cap is $3,987 Mil. The Retail - Cyclical industry median Market Cap is 143.11. Mercari's value of $3,987 Mil is 2686.1% above this industry median. Based on the distribution chart, Mercari ranks #112 out of 1142 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mercari has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Mercari's Market Cap compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mercari ranks #112 out of 1142 companies for Market Cap. This places Mercari in the top 10% of its industry — outperforming the majority of peers. The industry median Market Cap is 143.11. Mercari's value of $3,987 Mil is 2686.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Retail - Cyclical company?
The median Market Cap among Retail - Cyclical companies is 143.11, based on 1,142 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercari's current Market Cap of $3,987 Mil is 2686.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Mercari and its competitors. For the Retail - Cyclical industry, the median Market Cap is 143.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercari's current Market Cap is $3,987 Mil. 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?
Mercari (MRCIF) has a current Market Cap of $3,987 Mil. The stock's GF Value™ is $12.01, compared to a current price of $15.88 — trading 32.2% above its estimated fair value. The current Market Cap is $3,987 Mil and 2686.1% above the Retail - Cyclical industry median of 143.11. Mercari's overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Mercari (MRCIF), the current Market Cap is $3,987 Mil as of Jun. 26, 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 (MRCIF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercari stock appears to be overvalued. The current stock price of $15.88 is trading 32.2% above its estimated GF Value™ of $12.01.

Key valuation signals for MRCIF:

  • Market Cap: $3,987 Mil
  • GF Value™: $12.01 vs. price of $15.88 (32.2% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 2686.1% above the Retail - Cyclical median (#112 of 1142)

No single metric tells the full story. See the MRCIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercari Business Description

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.
62GF Score

Get the complete analysis for MRCIF

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

$15.88
Price
$12.01
GF Value