M

Merry Electronics Co Ltd
TWSE:2439

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Merry Electronics Co Ltd
TWSE:2439
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Price: 95.8 TWD -1.94%
Market Cap: 24.3B TWD

Relative Value

The Relative Value of one Merry Electronics Co Ltd stock under the Base Case scenario is 143.74 TWD. Compared to the current market price of 95.8 TWD, Merry Electronics Co Ltd is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
143.74 TWD
Undervaluation 33%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
53
vs Industry
57
Median 3Y
0.6
Median 5Y
0.6
Industry
1.1
Forward
0.5
vs History
50
vs Industry
35
Median 3Y
15.5
Median 5Y
15.6
Industry
17.8
Forward
19.1
vs History
30
vs Industry
25
Median 3Y
10.5
Median 5Y
6.9
Industry
11.6
vs History
52
vs Industry
33
Median 3Y
14.3
Median 5Y
13.6
Industry
15.6
vs History
85
vs Industry
36
Median 3Y
1.7
Median 5Y
1.7
Industry
1.5
vs History
76
vs Industry
67
Median 3Y
0.5
Median 5Y
0.5
Industry
1.2
Forward
0.4
vs History
77
vs Industry
36
Median 3Y
3.9
Median 5Y
3.9
Industry
4
vs History
53
vs Industry
35
Median 3Y
9.5
Median 5Y
9.9
Industry
10.4
Forward
9.8
vs History
60
vs Industry
30
Median 3Y
15.8
Median 5Y
16.2
Industry
13.5
Forward
14.9
vs History
34
vs Industry
32
Median 3Y
8.4
Median 5Y
7.4
Industry
12.5
vs History
11
vs Industry
23
Median 3Y
8.7
Median 5Y
6.2
Industry
15.7
vs History
65
vs Industry
37
Median 3Y
1.1
Median 5Y
1.1
Industry
1.2

Multiples Across Competitors

Competitors Multiples
Merry Electronics Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Merry Electronics Co Ltd
TWSE:2439
24.3B TWD 0.5 15.2 9.5 15
JP
Sony Group Corp
TSE:6758
24.2T JPY 1.9 21.1 9.1 16.2
CH
Garmin Ltd
NYSE:GRMN
38.9B USD 5.6 24.8 18.5 20.5
JP
Panasonic Holdings Corp
TSE:6752
4.7T JPY 0.6 14.8 6.8 14.5
CN
TCL Technology Group Corp
SZSE:000100
94.4B CNY 0.5 30.6 924.7 924.7
KR
LG Electronics Inc
KRX:066570
16.5T KRW 0.2 15.3 3.2 7.5
IN
Dixon Technologies (India) Ltd
NSE:DIXON
736.1B INR 1.5 50.2 38.5 47.3
CN
Sichuan Changhong Electric Co Ltd
SSE:600839
42B CNY 0.4 30.7 31.4 31.4
CN
Shenzhen MTC Co Ltd
SZSE:002429
33.6B CNY 1.9 27.3 21.2 21.2
CN
Hisense Visual Technology Co Ltd
SSE:600060
31.7B CNY 0.5 12.4 12.2 12.2
JP
Nikon Corp
TSE:7731
574.1B JPY 0.8 67.4 15.3 -64.2