Merck KGaA
XETRA:MRK

Watchlist Manager
Merck KGaA Logo
Merck KGaA
XETRA:MRK
Watchlist
Price: 145.8 EUR -3.79% Market Closed
Market Cap: 63.4B EUR
Have any thoughts about
Merck KGaA?
Write Note

Intrinsic Value

The intrinsic value of one MRK stock under the Base Case scenario is 161.42 EUR. Compared to the current market price of 145.8 EUR, Merck KGaA is Undervalued by 10%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

MRK Intrinsic Value
161.42 EUR
Undervaluation 10%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Merck KGaA

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for MRK cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about MRK?
Bearish
Neutral
Bullish

Fundamental Analysis

Risks & Rewards

 

 

 

 

View All Risks & Rewards
Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Notes
AI Assistant
AI Assistant
Ask me anything about Merck KGaA

Provide an overview of the primary business activities
of Merck KGaA.

What unique competitive advantages
does Merck KGaA hold over its rivals?

What risks and challenges
does Merck KGaA face in the near future?

Has there been any significant insider trading activity
in Merck KGaA recently?

Summarize the latest earnings call
of Merck KGaA.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Merck KGaA.

Provide P/S
for Merck KGaA.

Provide P/E
for Merck KGaA.

Provide P/OCF
for Merck KGaA.

Provide P/FCFE
for Merck KGaA.

Provide P/B
for Merck KGaA.

Provide EV/S
for Merck KGaA.

Provide EV/GP
for Merck KGaA.

Provide EV/EBITDA
for Merck KGaA.

Provide EV/EBIT
for Merck KGaA.

Provide EV/OCF
for Merck KGaA.

Provide EV/FCFF
for Merck KGaA.

Provide EV/IC
for Merck KGaA.

Show me price targets
for Merck KGaA made by professional analysts.

What are the Revenue projections
for Merck KGaA?

How accurate were the past Revenue estimates
for Merck KGaA?

What are the Net Income projections
for Merck KGaA?

How accurate were the past Net Income estimates
for Merck KGaA?

What are the EPS projections
for Merck KGaA?

How accurate were the past EPS estimates
for Merck KGaA?

What are the EBIT projections
for Merck KGaA?

How accurate were the past EBIT estimates
for Merck KGaA?

Compare the revenue forecasts
for Merck KGaA with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Merck KGaA and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Merck KGaA against its competitors.

Analyze the profit margins
(gross, operating, and net) of Merck KGaA compared to its peers.

Compare the P/E ratios
of Merck KGaA against its peers.

Discuss the investment returns and shareholder value creation
comparing Merck KGaA with its peers.

Analyze the financial leverage
of Merck KGaA compared to its main competitors.

Show all profitability ratios
for Merck KGaA.

Provide ROE
for Merck KGaA.

Provide ROA
for Merck KGaA.

Provide ROIC
for Merck KGaA.

Provide ROCE
for Merck KGaA.

Provide Gross Margin
for Merck KGaA.

Provide Operating Margin
for Merck KGaA.

Provide Net Margin
for Merck KGaA.

Provide FCF Margin
for Merck KGaA.

Show all solvency ratios
for Merck KGaA.

Provide D/E Ratio
for Merck KGaA.

Provide D/A Ratio
for Merck KGaA.

Provide Interest Coverage Ratio
for Merck KGaA.

Provide Altman Z-Score Ratio
for Merck KGaA.

Provide Quick Ratio
for Merck KGaA.

Provide Current Ratio
for Merck KGaA.

Provide Cash Ratio
for Merck KGaA.

What is the historical Revenue growth
over the last 5 years for Merck KGaA?

What is the historical Net Income growth
over the last 5 years for Merck KGaA?

What is the current Free Cash Flow
of Merck KGaA?

Discuss the annual earnings per share (EPS)
trend over the past five years for Merck KGaA.

Business Breakdown

Merck KGaA, a global science and technology company based in Darmstadt, Germany, has carved out a distinctive niche in the life sciences, healthcare, and high-performance materials sectors. With a rich history tracing back to 1668, it stands as one of the oldest pharmaceutical and chemical companies in the world. Merck KGaA operates in three primary business segments: Healthcare, Life Science, and Performance Materials. The Healthcare division focuses on innovative prescription medicines and therapies, while the Life Science segment provides essential tools and services for research and production in the life sciences. Meanwhile, the Performance Materials branch offers state-of-the-art solut...

Read More
Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Merck KGaA

Current Assets 13B
Cash & Short-Term Investments 2.8B
Receivables 4.8B
Other Current Assets 5.4B
Non-Current Assets 36.8B
Long-Term Investments 1.1B
PP&E 9.4B
Intangibles 24.5B
Other Non-Current Assets 1.8B
Current Liabilities 9.9B
Accounts Payable 2.1B
Accrued Liabilities 73m
Other Current Liabilities 7.7B
Non-Current Liabilities 11.4B
Long-Term Debt 7.8B
Other Non-Current Liabilities 3.6B
Efficiency

Earnings Waterfall
Merck KGaA

Revenue
20.9B EUR
Cost of Revenue
-8.7B EUR
Gross Profit
12.2B EUR
Operating Expenses
-8.8B EUR
Operating Income
3.4B EUR
Other Expenses
-739m EUR
Net Income
2.6B EUR

Free Cash Flow Analysis
Merck KGaA

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

Merck's second quarter of 2024 showed robust performance, with reported sales growing 2% organically and total sales reaching €5.352 billion, despite a 1% currency headwind. Healthcare led the way with a 5% organic sales increase driven by CM&E and oncology, while Electronics grew 8%, fueled by Semiconductor Solutions. Life Science saw a 4% decline. Despite a minor decline in organic EBITDA pre, Merck improved its full-year 2024 forecast, anticipating net sales between €20.7 billion and €22.1 billion, and EBITDA pre between €5.8 billion and €6.4 billion. The termination of the Xevinapant program was seen as a lowlight but didn't alter capital allocation priorities.

What is Earnings Call?
Fundamental Scores

MRK Profitability Score
Profitability Due Diligence

Merck KGaA's profitability score is 56/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Positive Free Cash Flow
Positive Operating Income
Positive 3-Year Average ROE
56/100
Profitability
Score

Merck KGaA's profitability score is 56/100. The higher the profitability score, the more profitable the company is.

MRK Solvency Score
Solvency Due Diligence

Merck KGaA's solvency score is 60/100. The higher the solvency score, the more solvent the company is.

Low D/E
High Altman Z-Score
Long-Term Solvency
Short-Term Solvency
60/100
Solvency
Score

Merck KGaA's solvency score is 60/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

MRK Price Targets Summary
Merck KGaA

Wall Street analysts forecast MRK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MRK is 191.82 EUR with a low forecast of 166.65 EUR and a high forecast of 215.25 EUR.

Lowest
Price Target
166.65 EUR
14% Upside
Average
Price Target
191.82 EUR
32% Upside
Highest
Price Target
215.25 EUR
48% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for MRK?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for MRK is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Ownership

MRK Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

MRK News

Other Videos

Profile

Merck KGaA Logo
Merck KGaA

Country

Germany

Industry

Pharmaceuticals

Market Cap

63.4B EUR

Dividend Yield

1.51%

Description

Merck KGaA is a science and technology company, which engages in the manufacture of pharmaceutical and chemical products. The company is headquartered in Darmstadt, Hessen and currently employs 60,334 full-time employees. The firm operates in three business segments: Healthcare, Life Sciences and Electronics. The Healthcare business, which operates in the United States and Canada as EMD Serono, focuses on such therapeutic areas as allergies, fertility, oncology and neurodegenerative diseases, developing drugs, diagnostic substances and medical devices. The Life Sciences business comprises the activities of MilliporeSigma, which provides solutions that facilitate biotechnology and pharmaceutical research. The product range includes laboratory water systems, gene editing tools, cell lines and end-to-end drug manufacturing systems, among others. The Electronics business enables digital living and provides specialty chemicals for various applications, including liquid crystals for electronic displays, materials for integrated circuits, effect pigments for coatings and color cosmetics, as well as functional materials for energy solutions.

Contact

HESSEN
Darmstadt
Frankfurter Str. 250
+496151720.0
www.merckgroup.com

IPO

1995-10-20

Employees

60 334

Officers

Chair of Executive Board & CEO
Ms. Belen Garijo Lopez M.D.
CFO & Member of Executive Board
Ms. Helene von Roeder
CEO of Electronics & Member of the Executive Board
Dr. Kai Beckmann
CEO of Healthcare Business & Member of Executive Board
Mr. Peter Guenter
CEO of Life Science Sector & Member of Executive Board
Dr. Matthias J. Heinzel
Chief Compliance Officer
Ms. Barbara Weiland
Show More
Head of the Global HR Business Partner Organization
Mr. Dietmar Eidens
Head of Corporate & Government Relations - Europe
Mr. Frank Gotthardt
Head of Life Science Controlling
Mr. Marc Horn
Head of the Display Materials Business Unit for Performance Materials
Dr. Michael Heckmeier
Show Less

See Also

Discover More
What is the Intrinsic Value of one MRK stock?

The intrinsic value of one MRK stock under the Base Case scenario is 161.42 EUR.

Is MRK stock undervalued or overvalued?

Compared to the current market price of 145.8 EUR, Merck KGaA is Undervalued by 10%.

Back to Top