Home / 2439.TW : TAI

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does 2439.TW make money? Does 2439.TW have pricing power? What's the Earnings Whisper? Will 2439.TW profit more as the business scales? What is 2439.TW's management track record? Is 2439.TW's current price justified?

Merry Electronics Co., Ltd.

TWD 76.6 -$19.20 (-20.04%)

TAI · 15 Sep 2026 05:30 UTC

Previous Close

TWD 77.3

Day Range

TWD 76.6TWD 78.5

Year Range

TWD 74.4TWD 116.5

Market Cap

19.05B

AVG Volume

2.04M

Trailing/Forward PE

14.06/12.56

PEG ratio

0.56

Dividend Yield

5.33%

Next Earnings Date

2026-10-29

Primary Exchange

Taiwan Stock Exchange

Revenue (TWD)

2439.TW Revenue (TWD) by year
Period	Revenue (TWD)
2025	46.49B
2024	43.86B
2023	36.69B
2022	35.4B
2021	36.18B
2020	34.44B
2019	36.4B
2018	35.49B
2017	26.68B
2016	16.94B

Net Income (TWD)

2439.TW Net Income (TWD) by year
Period	Net Income (TWD)
2025	1.34B
2024	2.14B
2023	1.32B
2022	1.5B
2021	1.13B
2020	1.32B
2019	2.55B
2018	2.05B
2017	3.62B
2016	2.01B

Operating Income (TWD)

2439.TW Operating Income (TWD) by year
Period	Operating Income (TWD)
2025	1.46B
2024	2.23B
2023	2.03B
2022	2.14B
2021	1.08B
2020	1.14B
2019	2.24B
2018	2.3B
2017	2.57B
2016	1.65B

EBITDA (TWD)

2439.TW EBITDA (TWD) by year
Period	EBITDA (TWD)
2025	2.23B
2024	3.67B
2023	2.86B
2022	2.92B
2021	2.18B
2020	2.2B
2019	2.65B
2018	3.1B
2017	4.49B
2016	2.81B

Cash Flows (TWD)

2439.TW Cash Flows (TWD) by year
Period	Cash Flows (TWD)
2025	-328.7M
2024	1.21B
2023	1.68B
2022	4.06B
2021	1.33B
2020	-4.83B
2019	3.55B
2018	1.06B
2017	1.28B
2016	2.35B

EPS (TWD)

2439.TW EPS (TWD) by year
Period	EPS (TWD)
2025	4.98
2024	8.47
2023	5.5
2022	6.25
2021	5.42
2020	6.16
2019	11.63
2018	10.32
2017	18.73
2016	10.5

Expenses (TWD)

2439.TW Expenses (TWD) by year
Period	Expenses (TWD)
2025	5.53B
2024	4.78B
2023	4.15B
2022	4.12B
2021	4.6B
2020	4.81B
2019	3.48B
2018	3.1B
2017	2.84B
2016	2.43B

Cash & Debt (TWD)

2439.TW Cash & Debt (TWD) by year
Period	Cash & Debt (TWD)
2025	10.89B
2024	9.52B
2023	6.7B
2022	7.75B
2021	6.32B
2020	4.19B
2019	6.81B
2018	8.94B
2017	7.14B
2016	4.99B

Debt ratios

2439.TW Debt ratios by year
Period	Debt ratios
2025	-0.3
2024	-0.5
2023	-0.1
2022	-0.12
2021	0.19
2020	0
2019	-0.3
2018	-0.11

Margins

2439.TW Margins by year
Period	Margins
2025	12.05%
2024	13.28%
2023	12.92%
2022	12.86%
2021	12.09%
2020	12.54%
2019	13.85%
2018	13.31%
2017	17.47%
2016	19.87%

Return on Capital

2439.TW Return on Capital by year
Period	Return on Capital
2025	7%
2024	11.17%
2023	9.79%
2022	11.46%
2021	9.28%
2020	10.77%
2019	19.61%
2018	20.35%
2017	26.43%
2016	28.96%

Shares Outstanding

2439.TW Shares Outstanding by year
Period	Shares Outstanding
2025	352.44M
2024	236.65M
2023	215.25M
2022	214.44M
2021	208M
2020	207.48M
2019	206.09M
2018	198.36M
2017	190.59M
2016	184.03M

Dividends (TWD)

2439.TW Dividends (TWD) by year
Period	Dividends (TWD)
2026	4.08
2025	7.29
2024	4.7
2023	4.47
2022	3.97
2021	5.04
2020	7.67
2019	8.46
2018	15.72
2017	8.82

Book Value Per Share (TWD)

2439.TW Book Value Per Share (TWD) by year
Period	Book Value Per Share (TWD)
2025	54.16
2024	81.1
2023	62.64
2022	60.89
2021	58.44
2020	59.14
2019	63.07
2018	50.81
2017	71.9
2016	37.74

Total Assets (TWD)

2439.TW Total Assets (TWD) by year
Period	Total Assets (TWD)
2025	44.79B
2024	39.12B
2023	32.61B
2022	33.43B
2021	33.86B
2020	34.16B
2019	25.8B
2018	30.33B
2017	26.36B
2016	15.36B

PE Ratio

2439.TW PE Ratio by year
Period	PE Ratio
Sep 26	15.43
Sep 26	15.41
Sep 26	15.69
Aug 26	15.81
Aug 26	16.62
Aug 26	16.26
Aug 26	16.16
Jul 26	16.16
Jul 26	16.7
Jul 26	16.54
Jul 26	17.91
Jul 26	18.57
Jun 26	23.63
Jun 26	24.36
Jun 26	24.34
Jun 26	24.23
May 26	24.21
May 26	23.28
May 26	22.07
May 26	22.73
Apr 26	22.68
Apr 26	22.86
Apr 26	23.73
Apr 26	22.68
Apr 26	22.1
Mar 26	13.33
Mar 26	13.36
Mar 26	13.23
Mar 26	12.92
Feb 26	14.78
Feb 26	15.58
Feb 26	15.31
Jan 26	15.59
Jan 26	16.56
Jan 26	16.64
Jan 26	15.62
Jan 26	14.97
Dec 25	15.61
Dec 25	15.44
Dec 25	15.91
Dec 25	16.04
Nov 25	16.44
Nov 25	16.76
Nov 25	17.88
Nov 25	17.64
Oct 25	16.36
Oct 25	16.68
Oct 25	16.12
Oct 25	16.36
Oct 25	15.96
Sep 25	11.74
Sep 25	11.8
Sep 25	11.8
Sep 25	11.91
Aug 25	12.56
Aug 25	14.02
Aug 25	13.72
Aug 25	13.72
Aug 25	13.26
Jul 25	13.2
Jul 25	13.96
Jul 25	13.08
Jul 25	12.96
Jun 25	12.31
Jun 25	11.98
Jun 25	12.37
Jun 25	12.7
May 25	13.97
May 25	13.75
May 25	13.91
May 25	13.47
May 25	12.59
Apr 25	12.31
Apr 25	12.42
Apr 25	11.21
Apr 25	13.8
Mar 25	15.15
Mar 25	15.58
Mar 25	15.09
Mar 25	15.09
Feb 25	14.23
Feb 25	13.98
Feb 25	13.67
Feb 25	13.8
Jan 25	13.06
Jan 25	13
Jan 25	13
Jan 25	12.94
Dec 24	13.42
Dec 24	13.36
Dec 24	13.23
Dec 24	13.61
Nov 24	13.23
Nov 24	13.61
Nov 24	13.23
Nov 24	12.98
Nov 24	13.3
Oct 24	14.11
Oct 24	13.86
Oct 24	13.86

Free Cash Flow Yield

2439.TW Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-9.35%
Sep 26	-9.37%
Sep 26	-9.2%
Aug 26	-9.13%
Aug 26	-8.68%
Aug 26	-8.88%
Aug 26	-8.93%
Jul 26	-8.93%
Jul 26	-8.64%
Jul 26	-8.73%
Jul 26	-8.06%
Jul 26	-7.77%
Jun 26	-1.04%
Jun 26	-1.01%
Jun 26	-1.01%
Jun 26	-1.01%
May 26	-1.02%
May 26	-1.06%
May 26	-1.11%
May 26	-1.08%
Apr 26	-1.08%
Apr 26	-1.08%
Apr 26	-1.04%
Apr 26	-1.08%
Apr 26	-1.11%
Mar 26	2.22%
Mar 26	2.21%
Mar 26	2.23%
Mar 26	2.29%
Feb 26	2%
Feb 26	1.9%
Feb 26	1.93%
Jan 26	1.9%
Jan 26	1.79%
Jan 26	1.78%
Jan 26	1.89%
Jan 26	1.98%
Dec 25	-1.36%
Dec 25	-1.37%
Dec 25	-1.33%
Dec 25	-1.32%
Nov 25	-1.29%
Nov 25	-1.26%
Nov 25	-1.18%
Nov 25	-1.2%
Oct 25	-1.29%
Oct 25	-1.27%
Oct 25	-1.31%
Oct 25	-1.29%
Oct 25	-1.33%
Sep 25	4.32%
Sep 25	4.3%
Sep 25	4.3%
Sep 25	4.26%
Aug 25	4.04%
Aug 25	3.62%
Aug 25	3.7%
Aug 25	3.7%
Aug 25	3.83%
Jul 25	3.84%
Jul 25	3.64%
Jul 25	3.88%
Jul 25	3.91%
Jun 25	4.57%
Jun 25	4.7%
Jun 25	4.55%
Jun 25	4.43%
May 25	4.03%
May 25	4.09%
May 25	4.05%
May 25	4.18%
May 25	4.47%
Apr 25	4.57%
Apr 25	4.53%
Apr 25	5.02%
Apr 25	4.08%
Mar 25	0.88%
Mar 25	0.85%
Mar 25	0.88%
Mar 25	0.88%
Feb 25	0.93%
Feb 25	0.95%
Feb 25	0.97%
Feb 25	0.96%
Jan 25	1.02%
Jan 25	1.02%
Jan 25	1.02%
Jan 25	1.03%
Dec 24	11%
Dec 24	11.05%
Dec 24	11.15%
Dec 24	10.85%
Nov 24	11.15%
Nov 24	10.85%
Nov 24	11.15%
Nov 24	11.37%
Nov 24	11.1%
Oct 24	10.46%
Oct 24	10.65%
Oct 24	10.65%

Price to Sales

2439.TW Price to Sales by year
Period	Price to Sales
Sep 26	0.39
Sep 26	0.39
Sep 26	0.4
Aug 26	0.4
Aug 26	0.42
Aug 26	0.42
Aug 26	0.41
Jul 26	0.41
Jul 26	0.43
Jul 26	0.42
Jul 26	0.46
Jul 26	0.47
Jun 26	0.68
Jun 26	0.7
Jun 26	0.7
Jun 26	0.7
May 26	0.7
May 26	0.67
May 26	0.63
May 26	0.65
Apr 26	0.65
Apr 26	0.66
Apr 26	0.68
Apr 26	0.65
Apr 26	0.64
Mar 26	0.48
Mar 26	0.48
Mar 26	0.47
Mar 26	0.46
Feb 26	0.53
Feb 26	0.56
Feb 26	0.55
Jan 26	0.56
Jan 26	0.59
Jan 26	0.6
Jan 26	0.56
Jan 26	0.54
Dec 25	0.58
Dec 25	0.57
Dec 25	0.59
Dec 25	0.59
Nov 25	0.61
Nov 25	0.62
Nov 25	0.66
Nov 25	0.65
Oct 25	0.61
Oct 25	0.62
Oct 25	0.6
Oct 25	0.61
Oct 25	0.59
Sep 25	0.56
Sep 25	0.57
Sep 25	0.57
Sep 25	0.57
Aug 25	0.6
Aug 25	0.67
Aug 25	0.66
Aug 25	0.66
Aug 25	0.64
Jul 25	0.63
Jul 25	0.67
Jul 25	0.63
Jul 25	0.62
Jun 25	0.6
Jun 25	0.59
Jun 25	0.6
Jun 25	0.62
May 25	0.68
May 25	0.67
May 25	0.68
May 25	0.66
May 25	0.62
Apr 25	0.6
Apr 25	0.61
Apr 25	0.55
Apr 25	0.67
Mar 25	0.69
Mar 25	0.71
Mar 25	0.68
Mar 25	0.68
Feb 25	0.65
Feb 25	0.63
Feb 25	0.62
Feb 25	0.63
Jan 25	0.59
Jan 25	0.59
Jan 25	0.59
Jan 25	0.59
Dec 24	0.59
Dec 24	0.59
Dec 24	0.58
Dec 24	0.6
Nov 24	0.58
Nov 24	0.6
Nov 24	0.58
Nov 24	0.57
Nov 24	0.59
Oct 24	0.62
Oct 24	0.61
Oct 24	0.61

EV/EBITDA

2439.TW EV/EBITDA by year
Period	EV/EBITDA
Sep 26	6.8
Sep 26	6.79
Sep 26	6.95
Aug 26	7.02
Aug 26	7.49
Aug 26	7.28
Aug 26	7.22
Jul 26	7.22
Jul 26	7.54
Jul 26	7.45
Jul 26	8.25
Jul 26	8.63
Jun 26	12.58
Jun 26	13.03
Jun 26	13.01
Jun 26	12.95
May 26	12.93
May 26	12.38
May 26	11.65
May 26	12.05
Apr 26	12.01
Apr 26	12.12
Apr 26	12.65
Apr 26	12.01
Apr 26	11.67
Mar 26	5.9
Mar 26	5.91
Mar 26	5.85
Mar 26	5.68
Feb 26	6.68
Feb 26	7.11
Feb 26	6.96
Jan 26	7.11
Jan 26	7.63
Jan 26	7.68
Jan 26	7.13
Jan 26	6.78
Dec 25	6.34
Dec 25	6.25
Dec 25	6.5
Dec 25	6.57
Nov 25	6.78
Nov 25	6.95
Nov 25	7.54
Nov 25	7.42
Oct 25	6.74
Oct 25	6.91
Oct 25	6.61
Oct 25	6.74
Oct 25	6.53
Sep 25	4.84
Sep 25	4.88
Sep 25	4.88
Sep 25	4.95
Aug 25	5.35
Aug 25	6.25
Aug 25	6.07
Aug 25	6.07
Aug 25	5.78
Jul 25	5.75
Jul 25	6.22
Jul 25	5.67
Jul 25	5.6
Jun 25	5.62
Jun 25	5.43
Jun 25	5.66
Jun 25	5.85
May 25	6.59
May 25	6.46
May 25	6.56
May 25	6.3
May 25	5.78
Apr 25	5.62
Apr 25	5.69
Apr 25	4.98
Apr 25	6.49
Mar 25	7.28
Mar 25	7.52
Mar 25	7.24
Mar 25	7.24
Feb 25	6.75
Feb 25	6.61
Feb 25	6.43
Feb 25	6.5
Jan 25	6.08
Jan 25	6.04
Jan 25	6.04
Jan 25	6.01
Dec 24	5.82
Dec 24	5.78
Dec 24	5.71
Dec 24	5.92
Nov 24	5.71
Nov 24	5.92
Nov 24	5.71
Nov 24	5.58
Nov 24	5.75
Oct 24	6.19
Oct 24	6.06
Oct 24	6.06

Price/Operating Cashflow

2439.TW Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Jun 26	29.63
Jun 26	30.56
Jun 26	30.52
Jun 26	30.39
May 26	30.36
May 26	29.2
May 26	27.68
May 26	28.51
Apr 26	28.44
Apr 26	28.67
Apr 26	29.76
Apr 26	28.44
Apr 26	27.71
Mar 26	10.53
Mar 26	10.55
Mar 26	10.46
Mar 26	10.21
Feb 26	11.68
Feb 26	12.31
Feb 26	12.1
Jan 26	12.32
Jan 26	13.08
Jan 26	13.15
Jan 26	12.34
Jan 26	11.83
Dec 25	31.21
Dec 25	30.86
Dec 25	31.81
Dec 25	32.07
Nov 25	32.87
Nov 25	33.51
Nov 25	35.74
Nov 25	35.26
Oct 25	32.71
Oct 25	33.35
Oct 25	32.23
Oct 25	32.71
Oct 25	31.91
Sep 25	12.47
Sep 25	12.53
Sep 25	12.53
Sep 25	12.66
Aug 25	13.34
Aug 25	14.89
Aug 25	14.58
Aug 25	14.58
Aug 25	14.08
Jul 25	14.02
Jul 25	14.83
Jul 25	13.9
Jul 25	13.77
Jun 25	12.99
Jun 25	12.64
Jun 25	13.05
Jun 25	13.4
May 25	14.74
May 25	14.51
May 25	14.68
May 25	14.22
May 25	13.29
Apr 25	12.99
Apr 25	13.11
Apr 25	11.83
Apr 25	14.57
Mar 25	51.26
Mar 25	52.72
Mar 25	51.06
Mar 25	51.06
Feb 25	48.14
Feb 25	47.3
Feb 25	46.26
Feb 25	46.68
Jan 25	44.18
Jan 25	43.97
Jan 25	43.97
Jan 25	43.76
Dec 24	7.64
Dec 24	7.61
Dec 24	7.54
Dec 24	7.75
Nov 24	7.54
Nov 24	7.75
Nov 24	7.54
Nov 24	7.39
Nov 24	7.57
Oct 24	8.03
Oct 24	7.89
Oct 24	7.89
Oct 24	8.53
Sep 24	6.87
Sep 24	6.61
Sep 24	6.53
Sep 24	6.95
Aug 24	7.1
Aug 24	7.1
Aug 24	7.07
Aug 24	6.27
Aug 24	6.37
Jul 24	6.42
Jul 24	7.1

Price to Book

2439.TW Price to Book by year
Period	Price to Book
Sep 26	1.03
Sep 26	1.03
Sep 26	1.05
Aug 26	1.06
Aug 26	1.11
Aug 26	1.09
Aug 26	1.08
Jul 26	1.08
Jul 26	1.12
Jul 26	1.11
Jul 26	1.2
Jul 26	1.24
Jun 26	1.65
Jun 26	1.71
Jun 26	1.7
Jun 26	1.7
May 26	1.69
May 26	1.63
May 26	1.55
May 26	1.59
Apr 26	1.59
Apr 26	1.6
Apr 26	1.66
Apr 26	1.59
Apr 26	1.55
Mar 26	1.19
Mar 26	1.2
Mar 26	1.18
Mar 26	1.16
Feb 26	1.32
Feb 26	1.39
Feb 26	1.37
Jan 26	1.4
Jan 26	1.48
Jan 26	1.49
Jan 26	1.4
Jan 26	1.34
Dec 25	1.55
Dec 25	1.53
Dec 25	1.58
Dec 25	1.59
Nov 25	1.63
Nov 25	1.66
Nov 25	1.77
Nov 25	1.75
Oct 25	1.62
Oct 25	1.65
Oct 25	1.6
Oct 25	1.62
Oct 25	1.58
Sep 25	1.39
Sep 25	1.4
Sep 25	1.4
Sep 25	1.41
Aug 25	1.49
Aug 25	1.66
Aug 25	1.62
Aug 25	1.62
Aug 25	1.57
Jul 25	1.56
Jul 25	1.65
Jul 25	1.55
Jul 25	1.54
Jun 25	1.37
Jun 25	1.34
Jun 25	1.38
Jun 25	1.42
May 25	1.56
May 25	1.54
May 25	1.55
May 25	1.5
May 25	1.41
Apr 25	1.37
Apr 25	1.39
Apr 25	1.25
Apr 25	1.54
Mar 25	1.61
Mar 25	1.66
Mar 25	1.61
Mar 25	1.61
Feb 25	1.51
Feb 25	1.49
Feb 25	1.46
Feb 25	1.47
Jan 25	1.39
Jan 25	1.38
Jan 25	1.38
Jan 25	1.38
Dec 24	1.51
Dec 24	1.5
Dec 24	1.49
Dec 24	1.53
Nov 24	1.49
Nov 24	1.53
Nov 24	1.49
Nov 24	1.46
Nov 24	1.5
Oct 24	1.59
Oct 24	1.56
Oct 24	1.56

No video analysis for this stock yet. Request one from our team.

AI Analysis

Merry Electronics Co., Ltd.

Video analysis: 2439.TW

Similar companies