Mercari Inc (DE:6TP)

FRANKFURT:6TP

6TP

Mercari

RESEARCH TOOLSreports

Mercari (6TP) Price & Analysis

2 Followers

6TP Stock Chart & Stats

€20.40

-€0.10(-0.96%)

At close: Jan 08 4:00 PM EST

€20.40

-€0.10(-0.96%)

Day’s Range― - ―

52-Week Range€11.70 - €22.40

Previous CloseN/A

Volume0.00

Average Volume (3M)156.00

Market Cap

€3.44B

Enterprise Value€735.41B

Total Cash (Recent Filing)€155.23B

Total Debt (Recent Filing)€253.40B

Price to Earnings (P/E)18.6

Beta0.47

Next Earnings

Aug 05, 2026

EPS Estimate

0.41

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)205.25

Shares Outstanding165,191,060

10 Day Avg. Volume468

30 Day Avg. Volume156

Financial Highlights & Ratios

PEG Ratio0.18

Price to Book (P/B)4.42

Price to Sales (P/S)2.28

P/FCF Ratio-35.84

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

€24.20

Price Target Upside18.62% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering8

EPS Forecast (FY)0.93

Revenue Forecast (FY)€1.22B

Bulls Say, Bears Say

Bulls Say

High MarginsSustained high gross (~73%) and EBIT (~19.7%) margins point to durable unit economics and pricing power in Mercari’s marketplace model. Strong margins provide a structural buffer to fund product, UX and trust investments and sustain profitability through cycles.

Profitability TurnaroundThe shift from losses in 2022 to consistent profits through 2023–TTM signals scalable operations and improved execution. A sustained profit profile strengthens self-funding capacity, partner confidence and long-term strategic optionality for growth initiatives.

Diversified MonetizationMultiple revenue streams—transaction fees, payment services, shipping/logistics fees and advertising—leverage marketplace network effects. This diversification improves revenue resilience and scalability, reducing dependency on any single monetization channel over time.

Bears Say

Negative Cash FlowPersistent negative operating and free cash flow despite accounting profits means earnings aren’t converting to cash. This structural cash burn limits internal funding for capex or marketing, increases financing reliance and raises risk if margins or growth stumble.

Elevated LeverageLeverage a bit above 2x equity leaves the balance sheet exposed to earnings volatility and rising rates. Elevated debt reduces financial flexibility, increases refinancing pressure and limits capacity for M&A or aggressive investment until cash generation improves.

Slowing Revenue GrowthTop-line deceleration to roughly 5.4% TTM indicates a maturing core marketplace. Slower growth constrains operating leverage and makes it harder to turn profitability into sustained free cash flow without new product uptake, geographic expansion or higher monetization per user.

Mercari News

Mercari Lifts Full-Year Outlook as Profit Surges on Strong Marketplace Growth

Mercari ( ($JP:4385) ) has issued an announcement. Mercari reported strong results for the nine months ended March...

1M ago

Mercari Lifts Full-Year Revenue and Profit Outlook on Strong Marketplace Momentum

Mercari ( ($JP:4385) ) has shared an announcement. Mercari has raised its full-year revenue and core operating profit...

1M ago

MRCIF Upcoming Earnings Report: What to Expect?

Mercari (MRCIF) is scheduled to report 3rd quarter earnings on 05/11/2026, before the market opens. Regarding Q3 estimates,...

1M ago

Mercari Lifts Full-Year Revenue and Profit Outlook on Strong Marketplace Performance

The latest update is out from Mercari ( ($JP:4385) ). Mercari has raised its full-year revenue and core...

4M ago

Mercari Lifts Full-Year Outlook After Profit Surge in First Half of FY2026

Mercari ( ($JP:4385) ) has shared an announcement. Mercari reported strong results for the six months ended December...

4M ago

MRCIF Earnings this Week: How Will it Perform?

Mercari (MRCIF) is scheduled to report 2nd quarter earnings on 02/09/2026, before the market opens. Regarding Q2 estimates,...

4M ago

Mercari Reports Strong Growth in Q3 2025 Earnings

Mercari ( ($MRCIF) ) has released its Q1 earnings. Here is a breakdown of the information Mercari presented...

8M ago

Mercari Reports Strong Q3 2025 Financial Results

Mercari ( ($JP:4385) ) has shared an update. Mercari, Inc. reported strong financial results for the three months...

8M ago

Is MRCIF a Buy, Before Earnings?

Mercari (MRCIF) is scheduled to report 1st quarter earnings on 11/07/2025. Regarding Q1 estimates, Wall Street analysts expect...

8M ago

Mercari’s Earnings Call: Profitability Soars Amid Growth Challenges

Mercari (($JP:4385)) has held its Q4 earnings call. Read on for the main highlights of the call. In...

10M ago

Coincheck, Mercoin partner for crypto trading on Mercari app

Coincheck Group (CNCK) announced that its subsidiary, Coincheck, has entered into a strategic partnership with Mercoin, a subsidiary...

11M ago

CNCK

Mercari upgraded to Buy from Hold at Jefferies

Jefferies upgraded Mercari (MCARY) to Buy from Hold with a price target of 3,200 yen, up from 2,650...

1y ago

Mercari upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley upgraded Mercari (MCARY) to Overweight from Equal Weight with a price target of 3,000 yen, up...

1y ago

Mercari upgraded to Buy from Hold at Jefferies

Jefferies analyst Hangil Moon upgraded Mercari to Buy from Hold with a price target of 2,400 yen, down...

2y ago

6TP FAQ

What was Mercari Inc’s price range in the past 12 months?

Mercari Inc lowest stock price was €11.70 and its highest was €22.40 in the past 12 months.

What is Mercari Inc’s market cap?

Mercari Inc’s market cap is €3.44B.

When is Mercari Inc’s upcoming earnings report date?

Mercari Inc’s upcoming earnings report date is Aug 05, 2026 which is in 45 days.

How were Mercari Inc’s earnings last quarter?

Mercari Inc released its earnings results on May 11, 2026. The company reported €0.292 earnings per share for the quarter, beating the consensus estimate of €0.238 by €0.054.

Is Mercari Inc overvalued?

According to Wall Street analysts Mercari Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Mercari Inc pay dividends?

Mercari Inc does not currently pay dividends.

What is Mercari Inc’s EPS estimate?

Mercari Inc’s EPS estimate is 0.41.

How many shares outstanding does Mercari Inc have?

Mercari Inc has 165,191,060 shares outstanding.

What happened to Mercari Inc’s price movement after its last earnings report?

Mercari Inc reported an EPS of €0.292 in its last earnings report, beating expectations of €0.238. Following the earnings report the stock price went down -3.738%.

Which hedge fund is a major shareholder of Mercari Inc?

Currently, no hedge funds are holding shares in DE:6TP

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Mercari Inc

Mercari, Inc. handles the conceptualization, building, and continuous management of its Mercari marketplace applications for customers in both Japan and the United States. The company, headquartered in Tokyo, Japan, commenced operations in 2013.

Mercari (6TP) Earnings & Revenues

Historic Earnings Reports

6TP Stock 12 Month Forecast

Average Price Target

€24.20

▲(18.62% Upside)

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Detailed Analyst Forecast >