MERF Inc.
3168・Standard Market・Wholesale Trade
MERF Inc.3168
MERF Inc.3168
Reference Indicators
Market Cap
169¥100M
P/E (Forecast)
5.9x
P/B
1.8x
Dividend Yield (Forecast)
2.54%
ROE
-2.4%
EV/EBITDA
56.1x
Financial Summary
Unit: ¥M
| Item | 2021Aug 2021 | 2022Aug 2022 | 2023Aug 2023 | 2024Aug 2024 | 2025Aug 2025 |
|---|---|---|---|---|---|
Net Sales | 62,058 | 89,102 | 84,594 | 82,070 | 82,463 |
Cost of Sales | 57,481 | 86,529 | 82,504 | 78,949 | 80,130 |
Gross Profit | 4,576 | 2,573 | 2,090 | 3,120 | 2,333 |
SG&A Expenses | 1,379 | 1,711 | 1,557 | 1,670 | 2,215 |
Operating Income | 3,197 | 862 | 532 | 1,450 | 117 |
Non-operating Income | 51 | 213 | 51 | 25 | 113 |
Non-operating Expenses | 1,152 | 138 | 356 | 438 | 451 |
Ordinary Income | 2,096 | 936 | 227 | 1,037 | -220 |
Extraordinary Income | — | — | 32 | 5 | 3 |
Extraordinary Losses | — | 90 | — | 97 | — |
Pre-tax Income | 2,096 | 845 | 260 | 945 | -216 |
Income Taxes | 742 | 298 | 89 | 412 | -13 |
Net Income | 1,353 | 547 | 170 | 532 | -203 |
EBITDA | 3,380 | 1,042 | 752 | 1,687 | 499 |
Gross Margin | 7.4% | 2.9% | 2.5% | 3.8% | 2.8% |
Operating Margin | 5.2% | 1.0% | 0.6% | 1.8% | 0.1% |
ROA | 5.7% | 2.1% | 0.7% | 2.0% | -0.8% |
ROE | 16.7% | 6.1% | 1.9% | 5.7% | -2.4% |
Segment Performance
Unit: ¥M
2026
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| 非鉄金属 | 81,905 | 14 | 0.0% |
| 美術工芸 | 558 | 102 | 18.3% |