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Mercantile Investment Trust LSE:MRC Stock Report

Last Price

UK£2.22

Market Cap

UK£1.7b

7D

2.5%

1Y

11.0%

Updated

24 Apr, 2024

Data

Company Financials

The Mercantile Investment Trust plc

LSE:MRC Stock Report

Market Cap: UK£1.7b

MRC Stock Overview

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited.

MRC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends5/6

The Mercantile Investment Trust plc Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Mercantile Investment Trust
Historical stock prices
Current Share PriceUK£2.22
52 Week HighUK£2.30
52 Week LowUK£1.77
Beta1.12
1 Month Change-0.89%
3 Month Change4.73%
1 Year Change10.97%
3 Year Change-18.86%
5 Year Change6.36%
Change since IPO893.27%

Recent News & Updates

Recent updates

Shareholder Returns

MRCGB Capital MarketsGB Market
7D2.5%0.4%2.7%
1Y11.0%7.4%0.3%

Return vs Industry: MRC exceeded the UK Capital Markets industry which returned 7.4% over the past year.

Return vs Market: MRC exceeded the UK Market which returned 0.3% over the past year.

Price Volatility

Is MRC's price volatile compared to industry and market?
MRC volatility
MRC Average Weekly Movement2.1%
Capital Markets Industry Average Movement4.3%
Market Average Movement4.9%
10% most volatile stocks in GB Market11.3%
10% least volatile stocks in GB Market2.7%

Stable Share Price: MRC has not had significant price volatility in the past 3 months.

Volatility Over Time: MRC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1884n/an/aam.jpmorgan.co.uk/investment-trusts/trusts/mercantile-it.aspx?isin=GB0005794036

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms.

The Mercantile Investment Trust plc Fundamentals Summary

How do Mercantile Investment Trust's earnings and revenue compare to its market cap?
MRC fundamental statistics
Market capUK£1.72b
Earnings (TTM)UK£75.21m
Revenue (TTM)UK£97.69m

22.9x

P/E Ratio

17.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRC income statement (TTM)
RevenueUK£97.69m
Cost of RevenueUK£0
Gross ProfitUK£97.69m
Other ExpensesUK£22.48m
EarningsUK£75.21m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.097
Gross Margin100.00%
Net Profit Margin76.98%
Debt/Equity Ratio17.6%

How did MRC perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

80%

Payout Ratio
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