Sigma DP3 Merrill has a 15.0MP APS-C (24 x 16 mm ) sized CMOS (Foveon X3) sensor and features Dual TRUE II engine processor. On the other hand, Panasonic ZS100 has a 20.0MP 1" (13.2 x 8.8 mm ) sized MOS sensor and features Venus Engine processor. Panasonic ZS100's sensor provides 5MP more than Sigma DP3 Merrill's sensor, which gives a significant advantage in real life. You can print your images larger or crop more freely.
On the other hand, please keep in mind that Max sensor resolution is not the only determinant of resolving power. Factors such as the optical elements, low pass filter, pixel size and sensor technology also affects the final resolution of the captured image.
Below you can see the DP3 Merrill and ZS100 sensor size comparison.
As seen above, Sigma DP3 Merrill has a 3.3x Larger sensor area than Panasonic ZS100. Larger sensors give photographer more control on the depth of field and blurry background compared to smaller sensor when shot in same focal length and aperture.