Merry Electronics Co (TPE:2439) 5-Year RORE % : -9.44% (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 5-Year RORE %?

Merry Electronics Co TPE:2439 -0.87% 79 5-Year RORE % is -9.44 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. Among 2,246 Hardware companies, Merry Electronics Co ranks worse than 61.71% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Merry Electronics Co's 5-Year RORE % for the quarter that ended in Mar. 2026 was -9.44%.

The industry rank for Merry Electronics Co's 5-Year RORE % or its related term are showing as below:

TPE:2439's 5-Year RORE % is ranked worse than
61.71% of 2246 companies
in the Hardware industry
Industry Median: 2.41 vs TPE:2439: -9.44

Merry Electronics Co  (TPE:2439) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Merry Electronics Co 5-Year RORE % Related Terms


Merry Electronics Co 5-Year RORE % Historical Data

* Premium members only.

The historical data trend for Merry Electronics Co's 5-Year RORE % 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 5-Year RORE % Chart

Merry Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -257.14 202.85 -138.65 43.87 4.17

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
5-Year RORE % 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 35.86 22.91 13.51 4.17 -9.44

TPE:2439 vs AAPL: 5-Year RORE % Comparison

For the Consumer Electronics subindustry, Merry Electronics Co's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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 5-Year RORE % vs Hardware Industry

For the Hardware industry and Technology sector, Merry Electronics Co's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Merry Electronics Co's 5-Year RORE % falls into.


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

Merry Electronics Co 5-Year RORE % Calculation

Merry Electronics Co's 5-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 4.62-5.157 )/( 30.553-24.866 )
=-0.537/5.687
=-9.44 %

* 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.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 5-year before.

Frequently Asked Questions Learn more about 5-Year RORE % →
What does a 5-Year RORE % of -9.44 mean?
Merry Electronics Co (TPE:2439) has a 5-Year RORE % of -9.44 as of Mar. 2026. 5-Year RORE % shows how much a company earns by reinvesting its retained earnings in 5-year. View historical data on Merry Electronics Co and its competitors. According to the industry distribution chart, Merry Electronics Co ranks #1386 out of 2246 companies in the Hardware industry, placing it in the top 61.7%.
Is Merry Electronics Co's 5-Year RORE % too high?
Merry Electronics Co's current 5-Year RORE % is -9.44. Based on the distribution chart, Merry Electronics Co ranks #1386 out of 2246 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 5-Year RORE % compare to AAPL?
According to the Hardware industry distribution chart, Merry Electronics Co ranks #1386 out of 2246 companies for 5-Year RORE %. This places Merry Electronics Co in the lower half of its industry. The industry median 5-Year RORE % is 2.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year RORE % for a Hardware company?
The median 5-Year RORE % among Hardware companies is 2.41, based on 2,246 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year RORE % 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 5-Year RORE % mean?
A high 5-Year RORE % can signal that a stock is expensive relative to its fundamentals. 5-Year RORE % shows how much a company earns by reinvesting its retained earnings in 5-year. View historical data on Merry Electronics Co and its competitors. For the Hardware industry, the median 5-Year RORE % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merry Electronics Co's current 5-Year RORE % is -9.44. 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 5-Year RORE % is -9.44. 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 5-Year RORE % calculated?
5-Year RORE % is calculated from a company's financial statements. For Merry Electronics Co (TPE:2439), the current 5-Year RORE % is -9.44 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:

  • 5-Year RORE %: -9.44
  • 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

5-Year RORE % 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