Merry Electronics Co (TPE:2439) Research & Development: NT$2,379 Mil (TTM As of Mar. 2026)

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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 Research & Development?

Merry Electronics Co TPE:2439 -0.87% 79 Research & Development is NT$2,379 Mil as of Mar. 2026. 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.

Research & Development is the aggregate amount of research and development expenses during the year. Merry Electronics Co's Research & Development for the three months ended in Mar. 2026 was NT$605 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was NT$2,379 Mil.

Merry Electronics Co  (TPE:2439) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Merry Electronics Co Research & Development Related Terms

Merry Electronics Co Research & Development Historical Data

* Premium members only.

The historical data trend for Merry Electronics Co's Research & Development 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 Research & Development Chart

Merry Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,699.48 1,800.73 1,964.63 2,142.96 2,353.12

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
Research & Development 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 579.44 562.47 600.61 610.60 605.02
TPE:2439
79GF Score
Merry Electronics Co Ltd TPE:2439
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Merry Electronics Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,379 Mil.

* 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 Research & Development →
What does a Research & Development of NT$2,379 Mil mean?
Merry Electronics Co (TPE:2439) has a Research & Development of NT$2,379 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Merry Electronics Co and its competitors.
Is Merry Electronics Co's Research & Development too high?
Merry Electronics Co's current Research & Development is NT$2,379 Mil. 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 Research & Development compare to AAPL?
Merry Electronics Co's Research & Development of NT$2,379 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Merry Electronics Co and its competitors. Merry Electronics Co's current Research & Development is NT$2,379 Mil. 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 Research & Development is NT$2,379 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Merry Electronics Co (TPE:2439), the current Research & Development is NT$2,379 Mil 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:

  • Research & Development: NT$2,379 Mil
  • GF Value™: NT$119.83 vs. price of NT$80.20 (33.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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

Research & Development 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