Mercari valuation

4385 · TSE · JPY

¥3,556.00Change from previous close: +0.28%Absolute change: +¥10.00

Close · October 5, 2026

Valuation

The P/E ratio is 16.9. The average price target of 13 analysts is ¥5,067.69.

Data as of October 5, 2026

Valuation multiples

Market cap
¥578.64B
Enterprise value
¥676.52B
P/E (trailing 12 months)
16.9
Forward P/E
35.2
PEG
1.83
Price/book
4.27
Price/sales
2.52
EV/EBITDA
14.5
EV/revenue
2.95

Profitability and growth

Gross margin
73.7%
Operating margin
15.1%
Net margin
15.4%
ROE
29.9%
ROA
4.3%
ROIC
15.8%
Revenue growth (year over year)
27.7%
Earnings growth (year over year)
10.2%

Financial health

Total cash
¥184.07B
Total debt
¥274.32B
Debt/equity
2.00
Current ratio
1.49
Quick ratio
1.20
Altman Z-Score
1.46
Piotroski F-Score
4.00

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
¥5,067.69
Median price target
¥5,000.00
High price target
¥5,860.00
Low price target
¥4,400.00
Analysts with a price target
13
Consensus
Buy
Forward EPS
¥100.63
EPS estimate, current year
¥228.95

Shares and trading

Beta
1.07
Average volume
1.97M
Shares outstanding
163.18M
Float
103.83M
Institutional ownership
37.6%
Insider ownership
31.2%