Merck Valuation

MRK Stock  USD 110.27  1.93  1.78%   
At this time, the firm appears to be undervalued. Merck Company secures a last-minute Real Value of $120.0 per share. The latest price of the firm is $110.27. Our model forecasts the value of Merck Company from analyzing the firm fundamentals such as Return On Equity of 0.39, profit margin of 0.30 %, and Current Valuation of 292.06 B as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Merck's valuation include:
Price Book
4.5634
Enterprise Value
292.1 B
Enterprise Value Ebitda
9.9983
Price Sales
4.2879
Forward PE
9.1324
Undervalued
Today
110.27
Please note that Merck's price fluctuation is very steady at this time. Calculation of the real value of Merck Company is based on 3 months time horizon. Increasing Merck's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Merck's intrinsic value may or may not be the same as its current market price of 110.27, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  110.27 Real  120.0 Target  117.58 Hype  110.48 Naive  107.02
The intrinsic value of Merck's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Merck's stock price.
120.00
Real Value
121.62
Upside
Estimating the potential upside or downside of Merck Company helps investors to forecast how Merck stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Merck more accurately as focusing exclusively on Merck's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
2.172.232.26
Details
Hype
Prediction
LowEstimatedHigh
108.86110.48112.10
Details
Potential
Annual Dividend
LowForecastedHigh
2.312.392.47
Details
26 Analysts
Consensus
LowTarget PriceHigh
106.99117.58130.51
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Merck's intrinsic value based on its ongoing forecasts of Merck's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Merck's closest peers.

Merck Cash

15.99 Billion

Merck Revenue by Product

Merck Total Value Analysis

Merck Company is now projected to have company total value of 292.06 B with market capitalization of 275.43 B, debt of 38.27 B, and cash on hands of 13.24 B. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Merck fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
292.06 B
275.43 B
38.27 B
13.24 B

Merck Investor Information

About 80.0% of the company shares are owned by institutional investors. The book value of Merck was now reported as 20.85. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Merck Company recorded earning per share (EPS) of 7.7. The entity last dividend was issued on the 16th of March 2026. The firm had 1048:1000 split on the 3rd of June 2021. Merck Company may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.280.36
Significantly Down
Slightly volatile
Total Cash From Operating Activities25.9 B24.7 B
Sufficiently Up
Slightly volatile
Operating Income24.4 B23.3 B
Sufficiently Up
Slightly volatile

Merck Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Merck has an asset utilization ratio of 54.79 percent. This suggests that the Company is making $0.55 for each dollar of assets. An increasing asset utilization means that Merck Company is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Merck Profitability Analysis

Taking into consideration Merck's profitability measurements, Merck Company may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in March. Profitability indicators assess Merck's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1985-09-30
Previous Quarter
4.4 B
Current Value
5.8 B
Quarterly Volatility
1.5 B
 
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Gross Profit is expected to rise to about 59.1 B this year, although the value of Pretax Profit Margin will most likely fall to 0.30.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.760.88
Fairly Down
Slightly volatile
Net Profit Margin0.220.31
Way Down
Slightly volatile
Operating Profit Margin0.280.36
Significantly Down
Slightly volatile
Pretax Profit Margin0.30.36
Fairly Down
Slightly volatile
Return On Assets0.130.17
Way Down
Slightly volatile
Return On Equity0.320.43
Way Down
Slightly volatile
For Merck profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Merck Company to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Merck utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Merck's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Merck over time as well as its relative position and ranking within its peers.

Merck Earnings per Share Projection vs Actual

The next projected EPS of Merck is estimated to be 2.23395 with future projections ranging from a low of 2.170475 to a high of 2.26. Merck's most recent 12-month trailing earnings per share (EPS TTM) is at 7.7. Please be aware that the consensus of earnings estimates for Merck Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Merck is projected to generate 2.23395 in earnings per share on the 31st of December 2025. Merck earnings estimates show analyst consensus about projected Merck EPS (Earning Per Share). It derives the highest and the lowest estimates based on Merck's historical volatility. Many public companies, such as Merck, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Merck Earnings Estimation Breakdown

The calculation of Merck's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Merck is estimated to be 2.23395 with the future projection ranging from a low of 2.170475 to a high of 2.26. Please be aware that this consensus of annual earnings estimates for Merck Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.58
2.17
Lowest
Expected EPS
2.23395
2.26
Highest

Merck Earnings Projection Consensus

Suppose the current estimates of Merck's value are higher than the current market price of the Merck stock. In this case, investors may conclude that Merck is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Merck's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2025Current EPS (TTM)
2891.01%
2.58
2.23395
7.7

Merck Ownership Allocation

Merck Company maintains a total of 2.48 Billion outstanding shares. The majority of Merck outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Merck Company to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Merck Company. Please pay attention to any change in the institutional holdings of Merck as this could imply that something significant has changed or is about to change at the company. Please note that on January 16, 2026, Representative Julie Johnson of US Congress acquired under $15k worth of Merck Company's common stock.

Merck Profitability Analysis

The company reported the last year's revenue of 64.17 B. Total Income to common stockholders was 17.13 B with profit before taxes, overhead, and interest of 50.01 B.

Merck Past Distributions to stockholders

About Merck Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Merck Company. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Merck Company based exclusively on its fundamental and basic technical indicators. By analyzing Merck's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Merck's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Merck. We calculate exposure to Merck's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Merck's related companies.
Last ReportedProjected for Next Year
Gross Profit56.3 B59.1 B
Pretax Profit Margin 0.36  0.30 
Operating Profit Margin 0.36  0.28 
Net Profit Margin 0.31  0.22 
Gross Profit Margin 0.88  0.76 

Merck Quarterly Retained Earnings

72.23 Billion

Merck's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Merck's value is low or high relative to the company's performance and growth projections. Determining the market value of Merck can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Merck represents a small ownership stake in the entity. As a stockholder of Merck, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Merck Dividends Analysis For Valuation

Dividends Paid is expected to rise to about 9.5 B this year, although the value of Dividend Yield will most likely fall to 0.02. . At this time, Merck's Retained Earnings are quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0 this year, although the value of Retained Earnings Total Equity will most likely fall to about 46 B.
Last ReportedProjected for Next Year
Dividends PaidB9.5 B
Dividend Yield 0.03  0.02 
Dividend Payout Ratio 0.41  0.39 
Dividend Paid And Capex Coverage Ratio 2.20  1.61 
There are various types of dividends Merck can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Merck shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Merck Company directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Merck pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Merck by the value of the dividends paid out.

Merck Growth Indicators

Investing in growth stocks can be very risky. If the company such as Merck does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding2.5 B
Quarterly Earnings Growth Y O Y0.87
Forward Price Earnings9.1324

Merck Current Valuation Indicators

Merck's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Merck's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Merck, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Merck's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Merck's worth.
When determining whether Merck Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Merck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Merck Company Stock. Highlighted below are key reports to facilitate an investment decision about Merck Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in poverty.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. Expected growth trajectory for Merck significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Merck assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.87
Dividend Share
3.2
Earnings Share
7.7
Revenue Per Share
25.559
Quarterly Revenue Growth
0.037
Understanding Merck Company requires distinguishing between market price and book value, where the latter reflects Merck's accounting equity. The concept of intrinsic value—what Merck's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Merck's price substantially above or below its fundamental value.
Understanding that Merck's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Merck represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Merck's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.