Merry Electronics Co (TPE:2439) OCF Margin %: 13.05% (As of Mar. 2026) — 94% Above Median

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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
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What is Merry Electronics Co OCF Margin %?

Merry Electronics Co TPE:2439 -0.87% 79 OCF Margin % is 13.05% as of Mar. 2026, which is 94% above its 10-year median of 6.71. 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 2,477 Hardware companies, Merry Electronics Co ranks worse than 70.17% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Merry Electronics Co's Cash Flow from Operations for the three months ended in Mar. 2026 was NT$1,432 Mil. Merry Electronics Co's Revenue for the three months ended in Mar. 2026 was NT$10,971 Mil. Therefore, Merry Electronics Co's OCF Margin % for the quarter that ended in Mar. 2026 was 13.05%.

As of today, Merry Electronics Co's current OCF Yield % is -1.61%.

The historical rank and industry rank for Merry Electronics Co's OCF Margin % or its related term are showing as below:

TPE:2439' s OCF Margin % Range Over the Past 10 Years
Min: -9.28   Med: 6.71   Max: 17.82
Current: -0.68


During the past 13 years, the highest OCF Margin % of Merry Electronics Co was 17.82%. The lowest was -9.28%. And the median was 6.71%.

TPE:2439's OCF Margin % is ranked worse than
70.17% of 2477 companies
in the Hardware industry
Industry Median: 5.17 vs TPE:2439: -0.68


Merry Electronics Co OCF Margin % Related Terms


Merry Electronics Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Merry Electronics Co's OCF 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.

Merry Electronics Co OCF Margin % Chart

Merry Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 13.23 6.06 4.63 2.40

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
OCF Margin % 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 32.53 -17.77 0.21 0.31 13.05

TPE:2439 vs AAPL: OCF Margin % Comparison

For the Consumer Electronics subindustry, Merry Electronics Co's OCF Margin %, along with its competitors' market caps and OCF 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.


Merry Electronics Co OCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Merry Electronics Co's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Merry Electronics Co's OCF Margin % falls into.


TPE:2439
79GF Score
Merry Electronics Co Ltd TPE:2439
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merry Electronics Co OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Merry Electronics Co's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1117.876/46491.035
=2.40 %

Merry Electronics Co's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1431.612/10970.652
=13.05 %

* 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 OCF Margin % →
What does a OCF Margin % of 13.05% mean?
Merry Electronics Co (TPE:2439) has a OCF Margin % of 13.05% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Merry Electronics Co and its competitors. This is 94% above median its historical median of 6.71. According to the industry distribution chart, Merry Electronics Co ranks #1738 out of 2477 companies in the Hardware industry, placing it in the top 70.2%.
Is Merry Electronics Co's OCF Margin % too high?
Merry Electronics Co's current OCF Margin % of 13.05% is 94% above median its 10-year median of 6.71. The Hardware industry median OCF Margin % is 5.17. Merry Electronics Co's value of 13.05% is 152.4% above this industry median. Based on the distribution chart, Merry Electronics Co ranks #1738 out of 2477 companies in the Hardware industry, which is below the industry midpoint. 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 OCF Margin % compare to AAPL?
According to the Hardware industry distribution chart, Merry Electronics Co ranks #1738 out of 2477 companies for OCF Margin %. This places Merry Electronics Co in the lower half of its industry. The industry median OCF Margin % is 5.17. Merry Electronics Co's value of 13.05% is 152.4% above this benchmark. While the company's 10-year median is 6.71 vs. the industry median of 5.17, Merry Electronics Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.17, based on 2,477 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merry Electronics Co's current OCF Margin % of 13.05% is 152.4% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Merry Electronics Co and its competitors. For the Hardware industry, the median OCF Margin % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merry Electronics Co's current OCF Margin % is 13.05%, which is 94% above median its own 10-year median of 6.71. 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 OCF Margin % is 13.05%, which is 94% above median its 10-year median of 6.71 and 152.4% above the Hardware industry median of 5.17. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Merry Electronics Co (TPE:2439), the current OCF Margin % is 13.05% 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 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:

  • OCF Margin %: 13.05% (94% above median its 10-year median of 6.71)
  • GF Value™: NT$119.83 vs. price of NT$80.20 (33.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 152.4% above the Hardware median (#1738 of 2477)

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

OCF Margin % 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