MERC Stock Overview
Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, seed EIS, early stage, emerging growth, mid venture, late stage and growth capital investments.
Mercia Asset Management Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.29|
|52 Week High||UK£0.44|
|52 Week Low||UK£0.28|
|1 Month Change||-3.36%|
|3 Month Change||-14.56%|
|1 Year Change||-17.27%|
|3 Year Change||-9.59%|
|5 Year Change||-16.67%|
|Change since IPO||-47.73%|
Recent News & Updates
|MERC||GB Capital Markets||GB Market|
Return vs Industry: MERC underperformed the UK Capital Markets industry which returned -15.9% over the past year.
Return vs Market: MERC underperformed the UK Market which returned -6.8% over the past year.
|MERC Average Weekly Movement||3.1%|
|Capital Markets Industry Average Movement||4.2%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.6%|
|10% least volatile stocks in GB Market||2.8%|
Stable Share Price: MERC is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MERC's weekly volatility (3%) has been stable over the past year.
About the Company
Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, seed EIS, early stage, emerging growth, mid venture, late stage and growth capital investments. It invests in technology focusing on sectors such as digital entertainment, consumer services, media, retailing, energy, healthcare, industrials, materials, real estate, telecommunication services, gaming, internet, software, electronics and hardware, advanced materials, transportation, biosciences, engineering and specialist manufacturing, and life sciences. The firm invests in Midlands, North of the United Kingdom, the North of England, and Scotland.
Mercia Asset Management Fundamentals Summary
|MERC fundamental statistics|
Is MERC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MERC income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jul 05, 2022
|Earnings per share (EPS)||0.085|
|Net Profit Margin||134.68%|
How did MERC perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is MERC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MERC?
Other financial metrics that can be useful for relative valuation.
|What is MERC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MERC's PE Ratio compare to its peers?
|MERC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LIV Livermore Investments Group
MANO Manolete Partners
FEN Frenkel Topping Group
PMI Premier Miton Group
MERC Mercia Asset Management
Price-To-Earnings vs Peers: MERC is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (22x).
Price to Earnings Ratio vs Industry
How does MERC's PE Ratio compare vs other companies in the GB Capital Markets Industry?
Price-To-Earnings vs Industry: MERC is good value based on its Price-To-Earnings Ratio (3.4x) compared to the UK Capital Markets industry average (9.6x)
Price to Earnings Ratio vs Fair Ratio
What is MERC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.4x|
|Fair PE Ratio||3.4x|
Price-To-Earnings vs Fair Ratio: MERC is good value based on its Price-To-Earnings Ratio (3.4x) compared to the estimated Fair Price-To-Earnings Ratio (3.4x).
Share Price vs Fair Value
What is the Fair Price of MERC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MERC (£0.29) is trading above our estimate of fair value (£0.08)
Significantly Below Fair Value: MERC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: MERC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is Mercia Asset Management forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MERC's earnings are forecast to decline over the next 3 years (-84.4% per year).
Earnings vs Market: MERC's earnings are forecast to decline over the next 3 years (-84.4% per year).
High Growth Earnings: MERC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MERC's revenue is expected to decline over the next 3 years (-4.1% per year).
High Growth Revenue: MERC's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MERC's Return on Equity is forecast to be high in 3 years time
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How has Mercia Asset Management performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MERC has a high level of non-cash earnings.
Growing Profit Margin: MERC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MERC's earnings have grown significantly by 43.9% per year over the past 5 years.
Accelerating Growth: MERC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MERC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (47.5%).
Return on Equity
High ROE: MERC's Return on Equity (20%) is considered high.
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How is Mercia Asset Management's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MERC's short term assets (£56.7M) exceed its short term liabilities (£8.1M).
Long Term Liabilities: MERC's short term assets (£56.7M) exceed its long term liabilities (£6.4M).
Debt to Equity History and Analysis
Debt Level: MERC is debt free.
Reducing Debt: MERC has not had any debt for past 5 years.
Debt Coverage: MERC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MERC has no debt, therefore coverage of interest payments is not a concern.
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What is Mercia Asset Management current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MERC's dividend (2.09%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: MERC's dividend (2.09%) is low compared to the top 25% of dividend payers in the UK market (5.17%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MERC has been paying a dividend for less than 10 years.
Growing Dividend: MERC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.1%), MERC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.9%), MERC's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Payton (53 yo)
Dr. Mark Andrew Payton, Ph D., serves as the Chief Executive Officer at Mercia Asset Management PLC since December 2014 and serves as its Managing Director since January 2011 and is its Director since Dece...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD597.62K) is about average for companies of similar size in the UK market ($USD697.18K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: MERC's management team is considered experienced (4.2 years average tenure).
Experienced Board: MERC's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mercia Asset Management PLC's employee growth, exchange listings and data sources
- Name: Mercia Asset Management PLC
- Ticker: MERC
- Exchange: AIM
- Founded: 2014
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£126.532m
- Shares outstanding: 440.11m
- Website: https://www.mercia.co.uk
Number of Employees
- Mercia Asset Management PLC
- Forward House
- 17 High Street
- B95 5AA
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.