YOLFTbeta
The Mercantile Investment Trust plc

The Mercantile Investment Trust plc

MRC · LSE · Financial Services / Asset Management

282.50GBX-1.00 (-0.35%)

Price History

Full chart

Market Stats

Previous Close283.50
Open284.24
Day Range281.50 – 286.00
52-Week Range228.35 – 288.83
Volume737.22K
Market Cap1.69B
P/E (TTM)9.38
Forward P/E0.00
EPS0.29
Dividend Yield3.06%
Beta1.07
50-Day Avg280.75
200-Day Avg267.55

About

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 fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.

Company Details

Leadership

  • Mr. Martin John HudsonPortfolio Manager
  • Guy AndersonPortfolio Manager
  • Anthony LynchPortfolio Manager

Financials

Income Statement

Currency: GBP2004-01-312005-01-312006-01-312007-01-312008-01-312009-01-312010-01-312011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue409.05M225.96M385.20M423.26M-219.40M-437.03M394.19M281.45M-71.13M290.38M371.67M73.69M215.46M83.22M414.60M-160.60M484.93M-141.47M146.30M-273.80M97.69M244.11M231.21M
Growth (%)--44.76%+70.47%+9.88%-151.84%-99.19%+190.20%-28.60%-125.27%+508.24%+27.99%-80.17%+192.37%-61.37%+398.17%-138.74%+401.94%-129.17%+203.41%-287.15%+135.68%+149.88%-5.29%
Cost of Revenue-----------007.27M7.56M7.27M7.37M7.20M12.74M6.92M6.92M13.80M7.83M
Gross Profit409.05M225.96M385.20M423.26M-219.40M-437.03M394.19M281.45M-71.13M290.38M371.67M73.69M215.46M75.96M407.04M-160.60M484.93M-141.47M137.09M-273.80M97.69M244.11M223.38M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%91.27%98.18%100.00%100.00%100.00%93.71%100.00%100.00%100.00%96.62%
Operating Expense18.44M19.61M20.27M20.08M13.84M15.32M15.94M16.48M17.18M985.00K859.00K1.18M1.36M-5.88M-6.41M-9.56M1.11M1.40M-141.38M-12.74M8.44M-12.14M1.57M
Operating Income390.60M206.35M364.94M403.18M-233.24M-452.35M378.25M264.97M-88.31M289.40M370.81M72.52M214.10M81.84M413.45M-151.04M483.82M-142.87M278.48M-261.07M89.25M256.25M221.81M
Operating Margin95.49%91.32%94.74%95.26%106.31%103.51%95.96%94.14%124.16%99.66%99.77%98.40%99.37%98.34%99.72%94.05%99.77%100.99%190.35%95.35%91.36%104.97%95.93%
EBITDA390.60M206.35M364.94M403.18M-233.24M-452.35M378.25M264.97M-88.31M67.78M88.83M83.71M214.01M81.84M413.44M-151.04M483.82M-142.87M278.55M-261.07M89.25M256.25M221.88M
EBITDA Margin95.49%91.32%94.74%95.26%106.31%103.51%95.96%94.14%124.16%23.34%23.90%113.59%99.33%98.34%99.72%94.05%99.77%100.99%190.40%95.35%91.36%104.97%95.97%
Net Income390.68M206.35M364.94M403.18M-233.24M-452.37M378.19M264.95M-88.36M289.37M370.50M72.40M213.82M81.66M413.16M-161.85M483.22M-143.58M264.25M-275.35M75.21M241.38M207.85M
Net Income Margin95.51%91.32%94.74%95.26%106.31%103.51%95.94%94.14%124.22%99.65%99.68%98.25%99.24%98.12%99.65%100.78%99.65%101.49%180.62%100.56%76.98%98.88%89.90%
Interest Expense13.10M13.26M12.96M11.34M11.04M11.00M10.98M11.07M11.30M10.98M10.91M11.20M11.15M11.12M10.88M10.88M10.98M11.08M12.74M14.15M13.80M13.80M13.91M
Interest Expense % of Total Revenue3.20%5.87%3.36%2.68%-5.03%-2.52%2.78%3.93%-15.88%3.78%2.93%15.19%5.18%13.36%2.62%-6.78%2.26%-7.83%8.71%-5.17%14.12%5.65%6.02%

Balance Sheet

Currency: GBP2003-01-312004-01-312005-01-312006-01-312007-01-312008-01-312009-01-312010-01-312011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets-1.16B1.32B1.64B1.94B1.44B890.07M1.22B1.44B1.30B1.56B1.88B1.92B2.04B1.94B2.21B1.95B2.37B2.27B2.54B2.20B2.21B2.30B2.30B
Total Liabilities-201.32M177.34M199.49M195.50M233.31M192.77M182.73M203.86M187.06M198.40M187.99M205.05M190.72M191.99M191.39M192.05M183.72M279.03M336.84M337.43M347.18M338.46M336.42M
Total Equity-955.51M1.14B1.44B1.74B1.21B697.30M1.04B1.24B1.11B1.36B1.69B1.71B1.85B1.74B2.02B1.75B2.18B1.99B2.20B1.87B1.87B1.97B1.97B
Cash---2.00K129.73M287.99M171.39M40.23M89.53M18.45M139.88M27.21M193.17M262.64M138.06M106.53M183.02M72.34M23.35M65.66M157.61M89.53M57.15M287.00K
Total Debt----------177.19M177.29M177.38M177.48M177.58M177.67M177.77M177.87M257.96M327.72M327.83M327.93M328.04M328.15M
Net Debt----2.00K-129.73M-287.99M-171.39M-40.23M-89.53M-18.45M37.31M150.08M-15.78M-85.17M39.52M71.14M-5.25M105.53M234.62M262.06M170.22M238.40M-57.15M327.87M

Cash Flow

Currency: GBP2012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow19.45M21.07M33.76M28.86M34.53M36.92M37.78M46.00M45.94M20.94M37.01M43.59M69.70M68.14M51.52M
Investing Cash Flow-37.96M138.32M11.87M180.03M112.37M22.47M74.36M135.78M-102.48M-97.69M-11.34M105.53M-49.37M54.25M147.09M
Financing Cash Flow-52.56M-37.82M-45.48M-42.97M-77.43M-183.99M-143.67M-105.29M-54.14M27.76M16.63M-57.19M-88.41M-154.77M-205.95M
Capital Expenditure00000000000055.91M54.34M51.52M
Free Cash Flow19.45M21.07M33.76M28.86M34.53M36.92M37.78M46.00M45.94M20.94M37.01M43.59M69.70M68.14M51.52M
Dividends Paid35.57M35.50M41.28M39.29M45.23M40.56M39.15M47.19M52.25M52.24M53.03M54.57M58.79M60.28M47.18M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF182.92%168.52%122.29%136.15%130.97%109.86%103.61%102.58%113.75%249.50%143.29%125.19%84.35%88.46%91.58%

Earnings

Report DateApr 14, 2014Sep 23, 2014Apr 13, 2015Apr 7, 2016Sep 22, 2016Apr 7, 2017Sep 20, 2017Apr 16, 2018Oct 16, 2018Apr 8, 2019Oct 9, 2019Apr 15, 2020Oct 23, 2020Mar 31, 2021Oct 15, 2021Apr 6, 2022Oct 13, 2022Apr 4, 2023Apr 16, 2025
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.00--0.00----0.00
EPS Actual0.000.000.00-0.04-0.020.110.310.180.08-0.290.240.38-0.610.430.63-0.30-0.370.02-0.11
Surprise-------------------
Timing----------------Pre-marketPre-market-

Key Statistics & Ratios

Market Cap1.69B
Enterprise Value2.06B
Trailing P/E9.38
Forward P/E0.00
Price / Sales9.61
Price / Book0.89
EPS0.29
Book Value2.88
Revenue (TTM)231.21M
Gross Profit (TTM)231.21M
Profit Margin89.90%
Operating Margin95.95%
Return on Equity10.57%
Return on Assets6.02%
Shares Outstanding626.97M
Shares Float265.75M
Beta1.07
Dividend Yield3.06%
Dividend Rate0.08
Payout Ratio0.00%

Dividends

20263×
0.02Sep 24, 20260.02Jun 11, 20260.04Apr 9, 2026
20254×
0.02Dec 18, 20250.02Sep 25, 20250.02Jun 5, 20250.03Apr 10, 2025
20244×
0.01Dec 19, 20240.01Sep 26, 20240.01Jun 20, 20240.03Apr 11, 2024
20234×
0.01Dec 21, 20230.01Sep 28, 20230.01Jun 22, 20230.03Apr 6, 2023
20224×
0.01Dec 22, 20220.01Sep 29, 20220.01Jun 23, 20220.03Mar 31, 2022
20214×
0.01Dec 23, 20210.01Sep 23, 20210.01Jun 24, 20210.03Mar 25, 2021
20201×
0.01Dec 17, 2020

Stock Splits

  • May 25, 201810:1