Fact based stock research
Merry Electronics (TSEC:2439)
TW0002439007
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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
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Merry Electronics stock research in summary
ANALYSIS: With an Obermatt Combined Rank of 77 (better than 77% compared with investment alternatives), Merry Electronics (Consumer Electronics, Taiwan) shares have much better financial characteristics than comparable stocks. Shares of Merry Electronics are a good value (attractively priced) with a consolidated Value Rank of 67 (better than 67% of alternatives), show above-average growth (Growth Rank of 69), and are safely financed (Safety Rank of 65), which means low debt burdens. ...read more
RECOMMENDATION: A Combined Rank of 77, is a strong buy recommendation based on Merry Electronics's financial characteristics. As the company Merry Electronics's key financial metrics all exhibit excellent performance, such as good value (Obermatt Value Rank of 67), above-average growth (Obermatt Growth Rank of 69), and indicate that the company is safely financed (Obermatt Safety Rank of 65), it is a solid stock investment where the risk of paying too much for the share is limited, unless the company has a bleak future. Such good financial performance can indicate that the company's future might actually be challenging, as it may be difficult to maintain the good performance. If they are safely financed and have been growing above average, and are still a good value, it means that the market is keeping prices low, for a reason which may become clearer over time. We recommend evaluating the future of Merry Electronics. If you believe the company's future is market-typical or even better, this could be an argument for a share purchase. Obermatt Premium subscribers can further check the stock’s Sentiment Ranks, which also flow into the Obermatt 360° View for investors. ...read more
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20-Feb-2025. Stock data may be delayed. Log in or sign up to get the most recent research.
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Review the performance ranks of the individual metrics that form each investment strategy.
Research History: Merry Electronics
RESEARCH HISTORY | 2022 | 2023 | 2024 | 2025 | ||||
---|---|---|---|---|---|---|---|---|
VALUE | ||||||||
VALUE | 57 |
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35 |
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67 |
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67 |
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GROWTH | ||||||||
GROWTH | 37 |
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69 |
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69 |
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69 |
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SAFETY | ||||||||
SAFETY | 23 |
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11 |
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65 |
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65 |
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SENTIMENT | ||||||||
SENTIMENT | 48 |
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26 |
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88 |
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new | |
360° VIEW | ||||||||
360° VIEW | 19 |
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14 |
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87 |
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new |
Combined financial peformance in Detail
ANALYSIS: With an Obermatt Combined Rank of 77 (better than 77% compared with investment alternatives), Merry Electronics (Consumer Electronics, Taiwan) shares have much better financial characteristics than comparable stocks. Shares of Merry Electronics are a good value (attractively priced) with a consolidated Value Rank of 67 (better than 67% of alternatives), show above-average growth (Growth Rank of 69), and are safely financed (Safety Rank of 65), which means low debt burdens. ...read more
RECOMMENDATION: A Combined Rank of 77, is a strong buy recommendation based on Merry Electronics's financial characteristics. As the company Merry Electronics's key financial metrics all exhibit excellent performance, such as good value (Obermatt Value Rank of 67), above-average growth (Obermatt Growth Rank of 69), and indicate that the company is safely financed (Obermatt Safety Rank of 65), it is a solid stock investment where the risk of paying too much for the share is limited, unless the company has a bleak future. Such good financial performance can indicate that the company's future might actually be challenging, as it may be difficult to maintain the good performance. If they are safely financed and have been growing above average, and are still a good value, it means that the market is keeping prices low, for a reason which may become clearer over time. We recommend evaluating the future of Merry Electronics. If you believe the company's future is market-typical or even better, this could be an argument for a share purchase. Obermatt Premium subscribers can further check the stock’s Sentiment Ranks, which also flow into the Obermatt 360° View for investors. ...read more
RESEARCH HISTORY | 2022 | 2023 | 2024 | 2025 | ||||
---|---|---|---|---|---|---|---|---|
VALUE | ||||||||
VALUE | 57 |
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35 |
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67 |
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67 |
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GROWTH | ||||||||
GROWTH | 37 |
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69 |
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69 |
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69 |
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SAFETY | ||||||||
SAFETY | 23 |
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11 |
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65 |
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65 |
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COMBINED | ||||||||
COMBINED | 15 |
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21 |
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77 |
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77 |
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Value Metrics in Detail
ANALYSIS: With an Obermatt Value Rank of 67 (better than 67% compared with alternatives), Merry Electronics shares are more attractively priced than the majority of comparable stocks. The Value Rank is based on consolidating four value indicators, with three out of four indicators above average for Merry Electronics. Price-to-Sales (P/S) is 73, which means that the stock price compared with what market professionals expect for future sales is lower than for 73% of comparable companies, indicating a good value concerning Merry Electronics's revenue size. The same is valid for expected Price-to-Profits (or Price / Earnings, P/E), more favorable than for 71% of alternatives. It is also positive for expected dividend yields with a Dividend Yield rank of 71 (dividends are expected to be higher than 71% of other stocks). But, compared with other companies in the same industry, the Price-to-Book Capital ratio (also referred to as market-to-book ratio) is higher than average, making the stock more expensive. Only 51% of all competitors have an even higher price compared with book capital which puts the Price-to-Capital Rank for Merry Electronics to 49. ...read more
RECOMMENDATION: The overall picture with a consolidated Value Rank of 67, is a buy recommendation based on Merry Electronics's stock price compared with the company's operational size and dividend yields. A low level of book capital means that the company has a business that is leaner in assets than its competitors. For instance, the company could be leasing its production facilities or be more focussed on intellectual property, such as its brand and software, which is less visible in its book capital. If that is the case, the three good value ranks for Sales, Profits, and Dividends are reliable indicators for the stock price value. We recommend further analyzing the stock with Obermatt’s Value, Safety, and Sentiment Ranks, including the 360° View, before making an investment decision. ...read more
VALUE METRICS | 2022 | 2023 | 2024 | 2025 | ||||
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PRICE VS. REVENUES (P/S) | ||||||||
PRICE VS. REVENUES (P/S) | 78 |
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68 |
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73 |
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73 |
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PRICE VS. PROFITS (P/E) | ||||||||
PRICE VS. PROFITS (P/E) | 53 |
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37 |
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71 |
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71 |
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PRICE VS. CAPITAL (Market-to-Book) | ||||||||
PRICE VS. CAPITAL (Market-to-Book) | 71 |
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41 |
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49 |
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49 |
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DIVIDEND YIELD | ||||||||
DIVIDEND YIELD | 58 |
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60 |
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71 |
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71 |
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CONSOLIDATED RANK: VALUE | ||||||||
CONSOLIDATED RANK: VALUE | 57 |
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35 |
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67 |
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67 |
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Growth Metrics in Detail
ANALYSIS: With an Obermatt Growth Rank of 69 (better than 69% compared with alternatives), Merry Electronics shows an above-average growth dynamic in its industry. Investors also speak of positive momentum. The Growth Rank is based on consolidating four value indicators, with all four indicators above average for Merry Electronics. Sales Growth has a value of 52, which means that, currently, professionals expect the company to grow more than 52% of its competitors. The same is valid for Profit Growth with a value of 75 and for Capital Growth with 50. In addition, Stock Returns had an above-average rank value of 63, which means they have been higher than 63% of comparable investments. ...read more
RECOMMENDATION: The overall picture with a consolidated Growth Rank of 69, is a buy recommendation for growth and momentum investors. Since all Growth Ranks are positive, Merry Electronics exhibits above-average growth momentum. This could be due to a uniquely strong market position, proprietary technology, or an extensive corporate acquisition strategy. Growth investors will find this an attractive investment opportunity, unless they expect that the current phase is transitory and will deteriorate in the future. The current performance could also be a temporary recovery from a very low point, such as a turn-around situation. In the case of a turn-around, the current performance may or may not be followed by a continuing positive development. While momentum is a popular investment factor, the value aspect might be the more important one, in the longer term. We recommend analyzing the stock with Obermatt’s Value, Safety, and Sentiment Ranks to arrive at a 360° View of the stock purchase case. ...read more
GROWTH METRICS | 2022 | 2023 | 2024 | 2025 | ||||
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REVENUE GROWTH | ||||||||
REVENUE GROWTH | 63 |
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22 |
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52 |
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52 |
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PROFIT GROWTH | ||||||||
PROFIT GROWTH | 12 |
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52 |
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75 |
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75 |
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CAPITAL GROWTH | ||||||||
CAPITAL GROWTH | 98 |
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97 |
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50 |
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50 |
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STOCK RETURNS | ||||||||
STOCK RETURNS | 7 |
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59 |
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63 |
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63 |
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CONSOLIDATED RANK: GROWTH | ||||||||
CONSOLIDATED RANK: GROWTH | 37 |
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69 |
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69 |
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69 |
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Safety Metrics in Detail
ANALYSIS: With an Obermatt Safety Rank of 65 (better than 65% compared with alternatives), the company Merry Electronics has financing practices on the safer side, which mean that their overall debt burden is lower than average. This doesn't mean that the business of Merry Electronics is safe, it only means that the company is on the safer side regarding possible bankruptcy, assuming that public reporting is correct. The Safety Rank is based on consolidating three financing indicators, with just one indicator above average for Merry Electronics and the other two below average. Refinancing is at 79, meaning the portion of the debt about to be refinanced is below average. It has less debt in the refinancing stage than 79% of its competitors. But Leverage is high with a rank of 32, meaning the company has an above-average debt-to-equity ratio. It has more debt than 68% of its competitors. Liquidity is also on the riskier side with a rank of 49, meaning the company generates less profit to service its debt than 51% of its competitors. ...read more
RECOMMENDATION: With a consolidated Safety Rank of 65 (better than 65% compared with alternatives), Merry Electronics has a financing structure that is safer than that of its competitors. A good Refinancing Rank means that the problems of the company may not be around the corner. But high Leverage is only good if things go well, and low Liquidity is a signal for caution. The financing signals for Merry Electronics are on the riskier side, requiring the company's future to be on the safer side. Investors may want to look at Growth and Sentiment ranks before making an investment decision. In the long-term, investors may have a debt challenge with Merry Electronics and should also compare Obermatt’s Value, Growth, and Sentiment Ranks before making a decision. ...read more
SAFETY METRICS | 2022 | 2023 | 2024 | 2025 | ||||
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LEVERAGE | ||||||||
LEVERAGE | 26 |
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28 |
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32 |
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32 |
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REFINANCING | ||||||||
REFINANCING | 51 |
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31 |
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79 |
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79 |
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LIQUIDITY | ||||||||
LIQUIDITY | 31 |
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31 |
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49 |
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49 |
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CONSOLIDATED RANK: SAFETY | ||||||||
CONSOLIDATED RANK: SAFETY | 23 |
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11 |
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65 |
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65 |
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Sentiment Metrics in Detail
SENTIMENT | 2022 | 2023 | 2024 | 2025 | ||||
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ANALYST OPINIONS | ||||||||
ANALYST OPINIONS | n/a |
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13 |
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42 |
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OPINIONS CHANGE | ||||||||
OPINIONS CHANGE | 75 |
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50 |
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77 |
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new | |
PRO HOLDINGS | ||||||||
PRO HOLDINGS | 29 |
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70 |
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67 |
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new | |
MARKET PULSE | ||||||||
MARKET PULSE | 38 |
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34 |
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100 |
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new | |
CONSOLIDATED RANK: SENTIMENT | ||||||||
CONSOLIDATED RANK: SENTIMENT | 48 |
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26 |
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88 |
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new |
Free stock analysis by the purely fact based Obermatt Method for Merry Electronics from February 20, 2025.
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