Mercari
Financial ratios & Valuation

Historical Multiples (2016 – 2024)

2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
-947.10-45.76-48.02-30.96-22.84161.53-40.8141.7113.90-80.6369.34
Price/Sales ratio
26.898.729.458.246.828.702.103.160.991.837.76
Price/Book Value ratio
39.2643.596.218.3614.9523.318.199.972.607.3619.13
Price/Cash Flow ratio
36.4530.31-98.38-58.4641.51274.42-11.78-14.78-4.31N/A157.96
Price/Free Cash Flow ratio
36.8731.65-81.89-47.4144.23313.53-11.48-14.59-4.30N/A178.88
Price/Earnings Growth ratio
N/A-0.027.79-0.54-0.41-1.290.17-0.150.140.39-0.47
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
93.58%87.67%80.97%75.10%72.91%77.08%64.70%66.50%69.22%64.42%75.00%
Operating Profit Margin
-0.34%-12.57%-12.36%-23.50%-25.31%4.88%-2.52%9.89%10.06%2.42%-24.41%
Pretax Profit Margin
-0.79%-13.71%-13.79%-24.31%-26.90%11.18%-2.71%9.52%9.54%1.93%-25.60%
Net Profit Margin
-2.83%-19.06%-19.68%-26.63%-29.85%5.39%-5.14%7.59%7.18%-2.27%-28.24%
Effective Tax Rate
-257.73%-38.99%-42.67%-9.52%-11.89%53.46%-91.11%21.19%24.78%223.15%-10.70%
Return on Assets
-1.36%-7.72%-5.97%-8.40%-11.50%2.17%-2.22%3.14%2.68%-0.96%-9.95%
Return On Equity
-4.14%-95.26%-12.93%-27.02%-65.46%14.43%-20.08%23.90%18.73%-9.51%-46.24%
Return on Capital Employed
-0.50%-16.03%-6.02%-11.83%-21.96%9.06%-3.22%12.01%9.47%3.02%-16.90%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A1.27N/A
Quick Ratio
1.431.412.562.361.421.051.281.201.320.821.23
Cash ratio
1.391.362.462.051.230.830.940.710.640.801.03
Days of Sales Outstanding
1.781.732.151.74N/AN/A198.401.94380.63N/AN/A
Days of Inventory outstanding
52.4779.4434.26209.68224.90165.18103.4066.01N/AN/A195.04
Operating Cycle
54.2681.1736.42211.42224.90165.18301.8167.95380.63N/A195.04
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/A141.42132.10136.44N/AN/A
Cash Conversion Cycle
54.2681.1736.42211.42224.90165.18160.38-64.14244.19N/A195.04
Debt Ratios
Debt Ratio
0.040.410.240.320.260.270.380.370.370.890.29
Debt Equity Ratio
0.125.060.531.031.501.793.442.862.648.401.27
Long-term Debt to Capitalization
N/A0.740.250.500.590.280.660.600.630.680.54
Total Debt to Capitalization
0.110.830.340.500.600.640.770.740.720.780.55
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A30.88N/A
Cash Flow to Debt Ratio
8.640.28-0.11-0.130.230.04-0.20-0.23-0.22N/A0.14
Company Equity Multiplier
3.0312.332.163.215.696.629.017.596.989.424.45
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.730.28-0.09-0.140.160.03-0.17-0.21-0.23N/A0.09
Free Cash Flow / Operating Cash Flow Ratio
0.980.951.201.230.930.871.021.011.00N/A0.90
Cash Flow Coverage Ratio
8.640.28-0.11-0.130.230.04-0.20-0.23-0.22N/A0.14
Short Term Coverage Ratio
8.640.66-0.34-5.7813.920.06-0.47-0.51-0.65N/A6.99
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A