# CYCL vs MERO

[CYCL](https://nepse.link/stocks/CYCL) (CYC Nepal laghubitta Bittiya Sanstha Limited) and [MERO](https://nepse.link/stocks/MERO) (Meromicrofinance Laghubitta Bittiya Sanstha Ltd.) are two of the most traded Microfinance stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

MERO is ahead of CYCL on 3 of the 5 measures below. None of this is a recommendation; it is what the latest numbers say. MERO is the bigger company by market value (Rs 939.26 crore), 2.6 times CYCL (Rs 362.87 crore).

## Which is ahead on each measure

- MERO is cheaper on price to book (4.1 against 4.5 for CYCL).
- CYCL has done better over a year (-14.9% against -15.7% for MERO).
- CYCL declared the bigger latest dividend (13.43% for 081/082).
- MERO earns more on its equity (ROE 15.19% against -36.72%).
- MERO grew its net profit faster against the same quarter last year (+811.3% against -411.0% for CYCL).

## CYCL and MERO side by side

| Measure | CYCL | MERO |
| --- | --- | --- |
| Last close | Rs 1,362.00 | Rs 631.90 |
| Change, 1 month | -8.28% | +8.20% |
| Change, 1 year | -14.88% | -15.65% |
| EPS | Rs -111.80 | Rs 23.31 |
| P/E | -12.2 | 27.1 |
| Book value per share | Rs 304.49 | Rs 153.50 |
| Price to book | 4.47 | 4.12 |
| ROE | -36.72% | 15.19% |
| Net profit growth, same quarter last year | -411.0% | +811.3% |
| Latest dividend | 13.43% (081/082) | 5.00% (081/082) |
| Market value | Rs 362.87 crore | Rs 939.26 crore |
| Average daily turnover, 30 days | Rs 1.33 crore | Rs 1.26 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.20 (1 means they move in step, 0 means unrelated). That is low: their prices mostly move independently.

## More Microfinance comparisons

- [ALBSL vs CYCL](https://nepse.link/stocks/compare/ALBSL-vs-CYCL)
- [ALBSL vs MERO](https://nepse.link/stocks/compare/ALBSL-vs-MERO)
- [CBBL vs CYCL](https://nepse.link/stocks/compare/CBBL-vs-CYCL)
- [CBBL vs MERO](https://nepse.link/stocks/compare/CBBL-vs-MERO)
- [CYCL vs SKBBL](https://nepse.link/stocks/compare/CYCL-vs-SKBBL)
- [MERO vs SKBBL](https://nepse.link/stocks/compare/MERO-vs-SKBBL)
- [Every Microfinance stock](https://nepse.link/stocks/sector/microfinance)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.