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Merida Bikes Valuation Multiples
Discover revenue and EBITDA valuation multiples for Merida Bikes and similar public comparables like Johnson Outdoors, Phoenix Bicycle, Sportsoul, Shenzhen China Bicycle and more.
Merida Bikes Overview
About Merida Bikes
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
Founded
1972
HQ
Employees
1.3K
Website
Sectors
Financials (LTM)
EV
$676M
Merida Bikes Financials
Merida Bikes reported last 12-month revenue of $823M and EBITDA of $63M.
In the same LTM period, Merida Bikes generated $124M in gross profit, $63M in EBITDA, and $40M in net income.
Revenue (LTM)
Merida Bikes P&L
In the most recent fiscal year, Merida Bikes reported revenue of $852M and EBITDA of $66M.
Merida Bikes expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $823M | XXX | $852M | XXX | XXX | XXX |
| Gross Profit | $124M | XXX | $120M | XXX | XXX | XXX |
| Gross Margin | 15% | XXX | 14% | XXX | XXX | XXX |
| EBITDA | $63M | XXX | $66M | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $40M | XXX | $38M | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $112M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Merida Bikes Stock Performance
Merida Bikes has current market cap of $580M, and enterprise value of $676M.
Market Cap Evolution
Merida Bikes' stock price is $1.94.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $676M | $580M | 0.5% | XXX | XXX | XXX | $0.13 |
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Start Free TrialMerida Bikes Valuation Multiples
Merida Bikes trades at 0.8x EV/Revenue multiple, and 10.8x EV/EBITDA.
EV / Revenue (LTM)
Merida Bikes Financial Valuation Multiples
As of April 20, 2026, Merida Bikes has market cap of $580M and EV of $676M.
Equity research analysts estimate Merida Bikes' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Merida Bikes has a P/E ratio of 14.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $580M | XXX | $580M | XXX | XXX | XXX |
| EV (current) | $676M | XXX | $676M | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 10.8x | XXX | 10.2x | XXX | XXX | XXX |
| EV/EBIT | 13.0x | XXX | 13.0x | XXX | XXX | XXX |
| EV/Gross Profit | 5.4x | XXX | 5.6x | XXX | XXX | XXX |
| P/E | 14.6x | XXX | 15.2x | XXX | XXX | XXX |
| EV/FCF | 10.2x | XXX | 9.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Merida Bikes Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Merida Bikes Margins & Growth Rates
Merida Bikes' revenue in the last 12 month declined by (3%).
Merida Bikes' revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.1M for the same period.
Merida Bikes' rule of 40 is 1% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Merida Bikes' rule of X is (11%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Merida Bikes Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (3%) | XXX | (8%) | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | (1%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 1% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (11%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 9% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Merida Bikes Public Comps
See public comps and valuation multiples for other Sports & Leisure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Merida Bikes | XXX | XXX | XXX | XXX | XXX | XXX |
| Johnson Outdoors | XXX | XXX | XXX | XXX | XXX | XXX |
| Phoenix Bicycle | XXX | XXX | XXX | XXX | XXX | XXX |
| Sportsoul | XXX | XXX | XXX | XXX | XXX | XXX |
| Shenzhen China Bicycle | XXX | XXX | XXX | XXX | XXX | XXX |
| Malibu Boats | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Merida Bikes M&A Activity
Merida Bikes acquired XXX companies to date.
Last acquisition by Merida Bikes was on XXXXXXXX, XXXXX. Merida Bikes acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Merida Bikes
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMerida Bikes Investment Activity
Merida Bikes invested in XXX companies to date.
Merida Bikes made its latest investment on XXXXXXXX, XXXXX. Merida Bikes invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Merida Bikes
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Merida Bikes
| When was Merida Bikes founded? | Merida Bikes was founded in 1972. |
| Where is Merida Bikes headquartered? | Merida Bikes is headquartered in Taiwan. |
| How many employees does Merida Bikes have? | As of today, Merida Bikes has over 1K employees. |
| Is Merida Bikes publicly listed? | Yes, Merida Bikes is a public company listed on Taiwan Stock Exchange. |
| What is the stock symbol of Merida Bikes? | Merida Bikes trades under 9914 ticker. |
| When did Merida Bikes go public? | Merida Bikes went public in 1992. |
| Who are competitors of Merida Bikes? | Merida Bikes main competitors are Johnson Outdoors, Phoenix Bicycle, Sportsoul, Shenzhen China Bicycle. |
| What is the current market cap of Merida Bikes? | Merida Bikes' current market cap is $580M. |
| What is the current revenue of Merida Bikes? | Merida Bikes' last 12 months revenue is $823M. |
| What is the current revenue growth of Merida Bikes? | Merida Bikes revenue growth (NTM/LTM) is (3%). |
| What is the current EV/Revenue multiple of Merida Bikes? | Current revenue multiple of Merida Bikes is 0.8x. |
| Is Merida Bikes profitable? | Yes, Merida Bikes is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Merida Bikes? | Merida Bikes' last 12 months EBITDA is $63M. |
| What is Merida Bikes' EBITDA margin? | Merida Bikes' last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Merida Bikes? | Current EBITDA multiple of Merida Bikes is 10.8x. |
| What is the current FCF of Merida Bikes? | Merida Bikes' last 12 months FCF is $66M. |
| What is Merida Bikes' FCF margin? | Merida Bikes' last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of Merida Bikes? | Current FCF multiple of Merida Bikes is 10.2x. |
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