MRKMerck & Co.
Is the price fair?
Neither cheap nor expensive: nothing decisive, though at the top of its own P/E range.
Priced for ~4% a year FCF growth. Roughly in line with its three-year revenue growth of 5% a year.
Expensive vs its own history: P/E 115.5 vs a 22.4 median over 40 quarters (+416% vs median).
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What MRK's price assumes
Merck & Co. trades at 116× earnings against 26.2× for the median Drug Manufacturers - General name, more expensive than its own group.
Trailing P/E · Drug Manufacturers - General median 26.2 · 4.40× the median: the market pays up for this one
- Price / sales
- 4.22
Price / sales · today's price, trailing year to Jun 30, 2026
- Free cash flow yield
- 5.7%
Free cash flow yield · Drug Manufacturers - General median 5.7%
- Growth the price implies
- +3.9%
Growth the price implies · The price pays for +3.9% free cash flow growth a year for a decade; the business has delivered +14% a year over the last three.
Details›
- Price / booktoday's price, trailing year to Jun 30, 2026
- 6.71
- EV / salestoday's price, trailing year to Jun 30, 2026
- 4.93
- Healthcare median P/E509 names
- 26.2
- Drug Manufacturers - General median P/E16 names
- 26.2
- Free cash flow, trailing twelve months
- $16.1B
- Market capitalisation
- $281.2B
- 3-year revenue growth
- +4.5%
- 3-year free cash flow growth
- +14%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 116× today against a 22.4× median |
| 52-week range | $75.83 – $156.44 |
| Today | $145.57 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Drug Manufacturers, General
The closest names by size in the same industry