Mercari Inc (JP:4385)

:4385

4385

Mercari

RESEARCH TOOLSreports

Want to see JP:4385 full AI Analyst Report?

Mercari (4385) Price & Analysis

4 Followers

4385 Stock Chart & Stats

¥3895.00

-¥23.00(-1.34%)

At close: Jan 08 4:00 PM EST

¥3895.00

-¥23.00(-1.34%)

Day’s Range― - ―

52-Week Range¥2,069.00 - ¥4,330.00

Previous CloseN/A

Volume4.24M

Average Volume (3M)3.05M

Market Cap

¥613.85B

Enterprise Value¥797.79B

Total Cash (Recent Filing)¥155.23B

Total Debt (Recent Filing)¥253.40B

Price to Earnings (P/E)18.2

Beta0.59

Next Earnings

Aug 05, 2026

EPS Estimate

74.39

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)205.25

Shares Outstanding165,191,060

10 Day Avg. Volume3,724,380

30 Day Avg. Volume3,051,140

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

¥4,414.44

Price Target Upside13.34% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering9

EPS Forecast (FY)168.25

Revenue Forecast (FY)¥222.49B

Bulls Say, Bears Say

Bulls Say

High Gross And Operating MarginsMercari's structural margin profile — very high gross margins and roughly 19.7% EBIT — reflects a scalable marketplace model with low direct goods costs and leveragable platform economics. Sustained margins provide durable cash flow potential and reinvestment capacity if cash conversion improves.

Diversified Marketplace MonetizationThe company's C2C marketplace captures transaction fees while layering payments, shipping/logistics services and seller advertising. This multi-stream monetization strengthens revenue durability, increases share-of-wallet per transaction and reduces reliance on any single fee source over the medium term.

Earnings Turnaround And Strong ROEA recovery from prior losses into sustained profitability and a high ~29% ROE signals improved execution and efficient capital use. That trajectory supports reinvestment and debt paydown strategies and indicates management can extract value from invested capital over time.

Bears Say

Negative Operating And Free Cash FlowDespite accounting profits, Mercari has failed to convert earnings into positive operating or free cash flow consistently. Persistent cash consumption forces dependence on external financing or asset sales, limiting the firm's ability to self-fund growth, reduce leverage, or absorb shocks over the medium term.

Elevated Leverage (debt > ~2x Equity)Leverage above two times equity increases vulnerability to margin swings or tighter funding conditions. Higher debt servicing reduces strategic flexibility, constrains capital allocation, and raises refinancing risk should cash generation remain weak or economic conditions deteriorate.

Decelerating Revenue Growth / Maturing Top LineSlowing top-line expansion reduces the leverage benefits of fixed platform costs and makes it harder to scale profits into greater cash flow. Combined with ongoing cash burn and leverage, decelerating revenue growth complicates debt reduction and sustained reinvestment priorities over the next several quarters.

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...

7M 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...

7M 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...

7M 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...

10M 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...

12M 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

4385 FAQ

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

Mercari Inc lowest stock price was ¥2069.00 and its highest was ¥4330.00 in the past 12 months.

What is Mercari Inc’s market cap?

Mercari Inc’s market cap is ¥613.85B.

When is Mercari Inc’s upcoming earnings report date?

Mercari Inc’s upcoming earnings report date is Aug 05, 2026 which is in 53 days.

How were Mercari Inc’s earnings last quarter?

Mercari Inc released its earnings results on May 11, 2026. The company reported ¥53.65 earnings per share for the quarter, beating the consensus estimate of ¥43.749 by ¥9.901.

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 74.39.

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 ¥53.65 in its last earnings report, beating expectations of ¥43.749. Following the earnings report the stock price went down -3.81%.

Which hedge fund is a major shareholder of Mercari Inc?

Currently, no hedge funds are holding shares in JP:4385

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 (4385) Earnings & Revenues

Historic Earnings Reports

4385 Stock 12 Month Forecast

Average Price Target

¥4,414.44

▲(13.34% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"2183":"¥2,183","2870":"¥2,870","3557":"¥3,557","4244":"¥4,244","4931":"¥4,931"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":4930,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">¥4.93K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":4414.444444444444,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">¥4.41K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":3800,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">¥3.80K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[2183,2870,3557,4244,4931],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Sep<br/>2025","6":"Dec<br/>2025","9":"Mar<br/>2026","12":"Jun<br/>2026","25":"Jun<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4160,4219.2307692307695,4278.461538461538,4337.692307692308,4396.923076923077,4456.153846153846,4515.384615384615,4574.615384615385,4633.846153846154,4693.076923076923,4752.307692307692,4811.538461538462,4870.7692307692305,{"y":4930,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4160,4179.572649572649,4199.145299145299,4218.717948717948,4238.290598290599,4257.863247863248,4277.4358974358975,4297.008547008547,4316.581196581196,4336.153846153846,4355.726495726496,4375.2991452991455,4394.871794871795,{"y":4414.444444444444,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4160,4132.307692307692,4104.615384615385,4076.923076923077,4049.230769230769,4021.5384615384614,3993.846153846154,3966.153846153846,3938.4615384615386,3910.769230769231,3883.076923076923,3855.3846153846152,3827.6923076923076,{"y":3800,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":2376.5,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2622.5,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2352.5,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2535,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2184,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2281.5,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2606,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3170,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3267,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3545,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3891,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3855,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4160,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >