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MRK$115.17-2.99%
Fair $115.17+0.0%

MRK

Merck & Co., Inc.

Healthcare / Drug Manufacturers - GeneralNYSE

$115.17

-3.55 (-2.99%)

Fairly Valued+0.0%Fair Value $115.17Fund rank 35/100 · Data gapFallback financials|
SA 52/C
F-Score: 3/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $12.4B · quality 70.0/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 84/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

52/100

C

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 19Warnings: 0unknown: 19
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · MRKLocal privado en este navegador · Merck & Co., Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$284.4B

P/E

32.4x

↑

EV/EBITDA

11.4x

↓

ROE

34.7%

↑

Gross Margin

74.8%

↑

Debt/Equity

0.94

↑
52-Week Range$115
$75$125

TradingView lightweight chart

MRK price, volumen y niveles de valoración

Último $115.17Periodo +78.5%
Fair value: $115.17

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2007–2025 · 18 años de histórico normalizado

Revenue CAGR

+5.6%

FCF CAGR

—

FCF margin

19.0%

FCF / Net income

0.68x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $65.01B · net income $18.25B · FCF $12.36B

2007-FY → 2025-FY

Gross margin

74.8%— pts

Operating margin

34.0%— pts

Net margin

28.1%+14.5% pts

FCF margin

19.0%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Income Statement
Revenue$65.01B$65.01B$64.17B$60.12B$59.28B$48.70B$41.52B$39.12B$42.29B$40.12B$39.81B—————$45.99B$27.43B$23.85B$24.20B
Net Income$18.25B$18.25B$17.12B$365.0M$14.52B$13.05B$7.07B$9.84B$6.22B$2.39B$3.92B$4.44B$11.92B$4.40B$6.17B$6.27B$861.0M$12.90B$7.81B$3.28B
EBITDA$28.26B$28.26B$25.71B$6.91B$21.32B———————————————
EPS7.287.286.740.145.715.142.783.812.210.831.351.493.881.401.911.930.275.393.461.42
Gross Margin74.8%74.8%76.3%73.2%70.6%———————————————
Operating Margin34.0%34.0%31.5%4.9%30.8%———————————————
Net Margin28.1%28.1%26.7%0.6%24.5%26.8%17.0%25.2%14.7%6.0%9.8%—————1.9%47.0%32.7%13.5%
Balance Sheet
Debt/Equity0.940.940.800.930.670.801.000.880.740.620.610.530.380.410.310.280.280.270.21—
Current Ratio1.301.30——————————————————
Cash Flow
Free Cash Flow$12.36B$12.36B$18.10B$9.14B$14.71B———————————————
Returns
ROE34.7%34.7%37.0%1.0%31.6%34.2%27.9%38.0%23.3%7.0%9.8%9.9%24.5%8.8%11.6%11.5%1.6%21.8%41.6%—
Valuation
P/E32.4432.4414.71837.2920.11———————————————
EV/EBITDA11.4511.4510.7348.3314.54———————————————
P/B5.495.495.448.136.35———————————————
Growth & Yield
Revenue Growth1.3%1.3%6.7%1.4%—17.3%6.1%-7.5%5.4%0.8%——————67.7%15.0%-1.4%—
EPS Growth8.0%8.0%4714.3%-97.5%—84.9%-27.0%72.1%166.7%-38.3%-9.6%-61.7%176.9%-26.5%-1.0%621.4%-95.0%55.6%143.6%—
Dividend Yield2.9%2.9%——————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

12.0%

razonable

EPS terminal req.

$10.22

Spread vs growth

-4.0%

5Y implied EPS CAGR

11.2%

razonable

EPS terminal req.

$12.37

Spread vs growth

-3.2%

10Y implied EPS CAGR

10.6%

razonable

EPS terminal req.

$19.91

Spread vs growth

-2.6%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +52.8%

Total return

+52.8%

Start / end P/E

11.4x → 15.8x

EPS bridge

6.74 → 7.28

Residual

+3.1%

EPS growth+8.0%
Multiple rerating+38.8%
Dividend+3.0%
Residual / FX / buybacks / cross-term+3.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.