The Mercantile Investment Trust plc Logo

The Mercantile Investment Trust plc

MRC.L

(1.5)
Stock Price

234,36 GBp

39.3% ROA

47.18% ROE

2.13x PER

Market Cap.

1.820.780.000,00 GBp

17.58% DER

2.68% Yield

878.05% NPM

The Mercantile Investment Trust plc Stock Analysis

The Mercantile Investment Trust plc Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

The Mercantile Investment Trust plc Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.87x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (18%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

Negative ROE (-13.55%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-12.5%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-3) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

The Mercantile Investment Trust plc Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

The Mercantile Investment Trust plc Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

The Mercantile Investment Trust plc Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

The Mercantile Investment Trust plc Revenue
Year Revenue Growth
2002 0
2003 409.048.000 100%
2004 225.961.000 -81.03%
2005 385.204.000 41.34%
2006 423.261.000 8.99%
2007 -219.403.000 292.91%
2008 -437.029.000 49.8%
2009 394.190.000 210.87%
2010 281.453.000 -40.06%
2011 -71.130.000 495.69%
2012 290.382.000 124.5%
2013 371.666.000 21.87%
2014 73.695.000 -404.33%
2015 215.460.000 65.8%
2016 83.225.000 -158.89%
2017 414.601.000 79.93%
2018 -160.715.000 357.97%
2019 484.926.000 133.14%
2020 -141.469.000 442.78%
2021 267.178.000 152.95%
2022 -273.804.000 197.58%
2023 190.000.000 244.11%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

The Mercantile Investment Trust plc Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

The Mercantile Investment Trust plc General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 3.036.000 100%
2004 3.536.000 14.14%
2005 4.048.000 12.65%
2006 4.782.000 15.35%
2007 -1.101.000 534.33%
2008 2.132.000 151.64%
2009 2.993.000 28.77%
2010 4.005.000 25.27%
2011 4.392.000 8.81%
2012 985.000 -345.89%
2013 859.000 -14.67%
2014 1.180.000 27.2%
2015 1.362.000 13.36%
2016 1.382.000 1.45%
2017 1.151.000 -20.07%
2018 1.212.000 5.03%
2019 1.106.000 -9.58%
2020 1.402.000 21.11%
2021 1.439.000 2.57%
2022 1.413.000 -1.84%
2023 7.666.000 81.57%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

The Mercantile Investment Trust plc EBITDA
Year EBITDA Growth
2002 0
2003 390.604.000 100%
2004 206.346.000 -89.3%
2005 364.936.000 43.46%
2006 403.182.000 9.49%
2007 -233.238.000 272.86%
2008 -452.352.000 48.44%
2009 378.248.000 219.59%
2010 264.973.000 -42.75%
2011 -88.314.000 400.04%
2012 289.397.000 130.52%
2013 370.807.000 21.95%
2014 72.515.000 -411.35%
2015 214.098.000 66.13%
2016 81.843.000 -161.6%
2017 413.450.000 80.2%
2018 -151.045.000 373.73%
2019 483.820.000 131.22%
2020 -142.871.000 438.64%
2021 278.574.000 151.29%
2022 -261.066.000 206.71%
2023 -13.836.000 -1786.86%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

The Mercantile Investment Trust plc Gross Profit
Year Gross Profit Growth
2002 0
2003 409.048.000 100%
2004 225.961.000 -81.03%
2005 385.204.000 41.34%
2006 423.261.000 8.99%
2007 -219.403.000 292.91%
2008 -437.029.000 49.8%
2009 394.190.000 210.87%
2010 281.453.000 -40.06%
2011 -71.130.000 495.69%
2012 290.382.000 124.5%
2013 371.666.000 21.87%
2014 73.695.000 -404.33%
2015 215.460.000 65.8%
2016 75.958.000 -183.66%
2017 407.042.000 81.34%
2018 -167.986.000 342.31%
2019 477.556.000 135.18%
2020 -148.667.000 421.23%
2021 257.972.000 157.63%
2022 -280.725.000 191.89%
2023 176.276.000 259.25%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

The Mercantile Investment Trust plc Net Profit
Year Net Profit Growth
2002 0
2003 390.675.000 100%
2004 206.346.000 -89.33%
2005 364.936.000 43.46%
2006 403.182.000 9.49%
2007 -233.238.000 272.86%
2008 -452.371.000 48.44%
2009 378.185.000 219.62%
2010 264.955.000 -42.74%
2011 -88.358.000 399.87%
2012 289.365.000 130.54%
2013 370.495.000 21.9%
2014 72.402.000 -411.72%
2015 213.816.000 66.14%
2016 81.660.000 -161.84%
2017 413.158.000 80.24%
2018 -161.852.000 355.27%
2019 483.218.000 133.49%
2020 -143.582.000 436.54%
2021 264.245.000 154.34%
2022 -275.345.000 195.97%
2023 167.774.000 264.12%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

The Mercantile Investment Trust plc Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

The Mercantile Investment Trust plc Free Cashflow
Year Free Cashflow Growth
2011 19.446.000
2012 21.067.000 7.69%
2013 33.756.000 37.59%
2014 28.857.000 -16.98%
2015 34.533.000 16.44%
2016 36.924.000 6.48%
2017 37.785.000 2.28%
2018 46.004.000 17.87%
2019 45.938.000 -0.14%
2020 11.484.500 -300%
2020 20.938.000 45.15%
2021 37.010.000 43.43%
2022 43.586.000 15.09%
2023 17.134.000 -154.38%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

The Mercantile Investment Trust plc Operating Cashflow
Year Operating Cashflow Growth
2011 19.446.000
2012 21.067.000 7.69%
2013 33.756.000 37.59%
2014 28.857.000 -16.98%
2015 34.533.000 16.44%
2016 36.924.000 6.48%
2017 37.785.000 2.28%
2018 46.004.000 17.87%
2019 45.938.000 -0.14%
2020 11.484.500 -300%
2020 20.938.000 45.15%
2021 37.010.000 43.43%
2022 43.586.000 15.09%
2023 17.134.000 -154.38%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

The Mercantile Investment Trust plc Capital Expenditure
Year Capital Expenditure Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

The Mercantile Investment Trust plc Equity
Year Equity Growth
2003 955.506.000
2004 1.144.533.000 16.52%
2005 1.444.994.000 20.79%
2006 1.743.848.000 17.14%
2007 1.208.150.000 -44.34%
2008 697.298.000 -73.26%
2009 1.035.376.000 32.65%
2010 1.237.266.000 16.32%
2011 1.110.361.000 -11.43%
2012 1.361.433.000 18.44%
2013 1.687.910.000 19.34%
2014 1.713.096.000 1.47%
2015 1.853.730.000 7.59%
2016 1.744.143.000 -6.28%
2017 2.019.593.000 13.64%
2018 1.753.744.000 -15.16%
2019 2.182.822.000 19.66%
2020 1.986.999.000 -9.86%
2021 2.198.211.000 9.61%
2022 1.865.676.000 -17.82%
2023 1.865.619.000 -0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

The Mercantile Investment Trust plc Assets
Year Assets Growth
2003 1.156.831.000
2004 1.321.872.000 12.49%
2005 1.644.481.000 19.62%
2006 1.939.345.000 15.2%
2007 1.441.463.000 -34.54%
2008 890.069.000 -61.95%
2009 1.218.108.000 26.93%
2010 1.441.122.000 15.48%
2011 1.297.418.000 -11.08%
2012 1.559.830.000 16.82%
2013 1.875.896.000 16.85%
2014 1.918.145.000 2.2%
2015 2.044.451.000 6.18%
2016 1.936.134.000 -5.59%
2017 2.210.979.000 12.43%
2018 1.945.798.000 -13.63%
2019 2.366.542.000 17.78%
2020 2.266.029.000 -4.44%
2021 2.535.054.000 10.61%
2022 2.203.101.000 -15.07%
2023 2.212.801.000 0.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

The Mercantile Investment Trust plc Liabilities
Year Liabilities Growth
2003 201.325.000
2004 177.339.000 -13.53%
2005 199.487.000 11.1%
2006 195.497.000 -2.04%
2007 233.313.000 16.21%
2008 192.771.000 -21.03%
2009 182.732.000 -5.49%
2010 203.856.000 10.36%
2011 187.057.000 -8.98%
2012 198.397.000 5.72%
2013 187.986.000 -5.54%
2014 205.049.000 8.32%
2015 190.721.000 -7.51%
2016 191.991.000 0.66%
2017 191.386.000 -0.32%
2018 192.054.000 0.35%
2019 183.720.000 -4.54%
2020 279.030.000 34.16%
2021 336.843.000 17.16%
2022 337.425.000 0.17%
2023 347.182.000 2.81%

The Mercantile Investment Trust plc Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.13
Net Income per Share
1.1
Price to Earning Ratio
2.13x
Price To Sales Ratio
18.38x
POCF Ratio
22.99
PFCF Ratio
22.61
Price to Book Ratio
0.99
EV to Sales
20.79
EV Over EBITDA
-201.01
EV to Operating CashFlow
25.57
EV to FreeCashFlow
25.57
Earnings Yield
0.47
FreeCashFlow Yield
0.04
Market Cap
1,82 Bil.
Enterprise Value
2,06 Bil.
Graham Number
7.67
Graham NetNet
-0.32

Income Statement Metrics

Net Income per Share
1.1
Income Quality
1.14
ROE
0.47
Return On Assets
0.39
Return On Capital Employed
0.04
Net Income per EBT
10.92
EBT Per Ebit
0.98
Ebit per Revenue
0.82
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.93
Operating Profit Margin
0.82
Pretax Profit Margin
0.8
Net Profit Margin
8.78

Dividends

Dividend Yield
0.03
Dividend Yield %
2.68
Payout Ratio
0.09
Dividend Per Share
0.06

Operating Metrics

Operating Cashflow per Share
0.1
Free CashFlow per Share
0.1
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.04
Return on Tangible Assets
0.39
Days Sales Outstanding
27.85
Days Payables Outstanding
1017.75
Days of Inventory on Hand
0
Receivables Turnover
13.11
Payables Turnover
0.36
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,11
Book Value per Share
2,37
Tangible Book Value per Share
2.37
Shareholders Equity per Share
2.37
Interest Debt per Share
0.42
Debt to Equity
0.18
Debt to Assets
0.15
Net Debt to EBITDA
-23.27
Current Ratio
5.04
Tangible Asset Value
1,87 Bil.
Net Current Asset Value
-0,25 Bil.
Invested Capital
77839000
Working Capital
0,08 Bil.
Intangibles to Total Assets
0
Average Receivables
0,01 Bil.
Average Payables
0,02 Bil.
Average Inventory
0
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

The Mercantile Investment Trust plc Dividends
Year Dividends Growth
1973 1
1974 2 0%
1975 2 0%
1976 1 0%
1977 1 0%
1978 1 0%
1979 2 50%
1980 3 33.33%
1981 2 -200%
1982 3 50%
1983 3 0%
1984 3 0%
1985 4 33.33%
1986 4 0%
1987 4 0%
1988 2 -200%
1989 5 75%
1990 6 33.33%
1991 9 25%
1992 7 -33.33%
1993 7 0%
1994 7 0%
1995 7 14.29%
1996 8 12.5%
1997 7 -14.29%
1998 11 36.36%
1999 11 0%
2000 16 26.67%
2001 48 68.09%
2002 19 -161.11%
2003 19 0%
2004 19 0%
2005 20 5.26%
2006 22 13.64%
2007 27 18.52%
2008 28 0%
2009 216 87.5%
2010 210 -2.86%
2011 42 -400%
2012 30 -40%
2013 40 25%
2014 40 0%
2015 47 14.89%
2016 44 -9.3%
2017 47 6.52%
2018 25 -84%
2019 7 -316.67%
2020 7 0%
2021 7 0%
2022 7 0%
2023 6 0%
2024 6 0%

The Mercantile Investment Trust plc Profile

About The Mercantile Investment Trust plc

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.

CEO
Mr. Martin John Hudson
Employee
0
Address
20 Finsbury Street
London, EC2Y 9AQ

The Mercantile Investment Trust plc Executives & BODs

The Mercantile Investment Trust plc Executives & BODs
# Name Age
1 Mr. Martin John Hudson
Portfolio Manager
70
2 Guy Anderson
Portfolio Manager
70
3 Anthony Lynch
Portfolio Manager
70

The Mercantile Investment Trust plc Competitors