EN DE
STOCK COMPARISON

PharmaEssentia vs Merck & Company: Fair Value & Quality

Both stocks run through our valuation models. Here is how PharmaEssentia (6446) and Merck & Company (MRK) compare, as of Sep 22, 2026.

As of Sep 22, 2026, Fair Value Calculator sees Merck & Company as the less overvalued of the two: PharmaEssentia trades at TWD 1,150 versus a fair value of TWD 630 (-45%), while Merck & Company trades at $147 versus $125 (-15%).
PharmaEssentia
6446.TW · TWD · Health Care
-45%
upside to fair value
overvalued
PriceTWD 1,150
Fair ValueTWD 630
Quality64/100
Merck & Company
MRK · USD · Health Care
-15%
upside to fair value
overvalued
Price$147
Fair Value$125
Quality70/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

PharmaEssentiaMerck & Company
Valuation
105.2×P/E (TTM)43.5×
30.27×P/S (TTM)4.64×
16.57×P/B5.80×
83.6×EV/EBITDA11.4×
PEG6.10×
−45.2%Fair value upside−14.7%
0.1%Dividend yield2.2%
TWD 0.99Dividend per share$3.28
Profitability
41%Operating margin39%
EBIT margin trend (5Y)2.70×
19%Return on equity19%
10%Return on assets13%
Growth
57%Revenue growth (YoY)5%
75.7%Avg. growth/yr (3Y)3.1%
94.8%Avg. growth/yr (5Y)9.4%
Value creation/yr+16.0%
Balance & size
193.0×Interest coverage (EBIT/interest)17.3×
0.00×Debt / equity0.89×
$17BMarket cap$305B
healthyGrowth qualityhealthy

Merck & Company leads: 5 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

PharmaEssentiaof which business quality 66 · market factors 74 Merck & Companyof which business quality 68 · market factors 89
ProfitabilityMargins and returns on capital today
66
74
Quality GrowthAre margins and returns improving?
76
36
CashflowEarnings quality: real cash, not paper profit
68
65
Fin. StrengthBalance sheet, leverage, solvency risk
100
68
InvestmentDisciplined investing over empire-building
14
71
Low VolatilityCalm price path (market factor)
48
83
MomentumPrice trend over the last 3–12 months (market factor)
99
87
52W MomentumDistance to the 52-week high (market factor)
62
100
Net IssuanceShare count: buybacks or dilution?
43
91

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyPharmaEssentiaPrice TWD 1,150Merck & CompanyPrice $147
DCF Models-70%below the priceTWD 350-20%below the price$117
Earnings-Based-63%below the priceTWD 428-57%below the price$62.77
Dividend Discount-99%below the priceTWD 16.97-59%below the price$60.35
Multiples-81%below the priceTWD 222-17%below the price$122
Asset-Based-95%below the priceTWD 51.97-90%below the price$14.27
Growth DCF-74%below the priceTWD 301-50%below the price$74.00
Economic Profit-83%below the priceTWD 192-43%below the price$83.85
Growth Earnings-51%below the priceTWD 569-6%close to the price$138
Minimum-99%below the priceTWD 16.97-90%below the price$14.27
Maximum-51%below the priceTWD 569-6%close to the price$138
Median-77%below the priceTWD 261-46%below the price$78.93
Geometric mean-85%below the priceTWD 177-51%below the price$71.25

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

PharmaEssentia: 26 of 26 models see the stock below the current price.

Merck & Company: 23 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

PharmaEssentia
Price TWD 1,150
Fair Value TWD 630
Bear TWD 394Bull TWD 1,238
Merck & Company
Price $147
Fair Value $125
Bear $70.92Bull $188

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

PharmaEssentia · Health Care

Quality score64 · Top 25%
Fair value upside-45% · below median

Merck & Company · Health Care

Quality score70 · Top 25%
Fair value upside-15% · above median

Bottom line

As of Sep 22, 2026, Fair Value Calculator sees Merck & Company as the less overvalued of the two: PharmaEssentia trades at TWD 1,150 versus a fair value of TWD 630 (-45%), while Merck & Company trades at $147 versus $125 (-15%).

Merck & Company has the higher quality score (70/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.