Inactive Instrument

Mercantile Investment Trust PLC Stock London S.E.

Equities

MRCM

GB0005794036

Investment Trusts

Sales 2022 289M 363M Sales 2023 -253M -317M Capitalization 1.66B 2.08B
Net income 2022 264M 331M Net income 2023 -275M -345M EV / Sales 2022 7.58 x
Net Debt 2022 262M 329M Net cash position 2023 158M 198M EV / Sales 2023 -5.92 x
P/E ratio 2022
7.31 x
P/E ratio 2023
-6.02 x
Employees -
Yield 2022
2.83%
Yield 2023
3.41%
Free-Float 81.3%
More Fundamentals * Assessed data
Dynamic Chart
UK economy grows again in February AN
Earnings Flash (MRC.L) MERCANTILE INVESTMENT TRUST Posts FY24 Revenue GBP71.1M MT
Earnings Flash (MRC.L) MERCANTILE INVESTMENT TRUST Reports FY24 EPS GBX9.54 MT
The Mercantile Investment Trust plc Reports Earnings Results for the Full Year Ended January 31, 2024 CI
The Mercantile Investment Trust plc Reports Earnings Results for the Half Year Ended July 31, 2023 CI
Tranche Update on The Mercantile Investment Trust plc's Equity Buyback Plan announced on May 30, 2022. CI
Tranche Update on The Mercantile Investment Trust plc's Equity Buyback Plan announced on July 12, 2023. CI
The Mercantile Investment Trust plc commences an Equity Buyback Plan for 141,579,378 shares, representing 14.99% of its issued share capital, under the authorization approved on May 24, 2023. CI
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The Mercantile Investment Trust plc?s Equity Buyback announced on May 30, 2022, has expired with 1,442,231 shares for £2.61 million. CI
The Mercantile Investment Trust plc Reports Earnings Results for the Full Year Ended January 31, 2023 CI
Tranche Update on The Mercantile Investment Trust plc's Equity Buyback Plan announced on May 30, 2022. CI
The Mercantile Investment Trust plc Announces the Appointment of Julia Goh as Non-Executive Director CI
Mercantile Investment Trust's Fiscal H1 NAV Tumbles Amid Weakness in UK Equities MT
Earnings Flash (MRC.L) MERCANTILE INVESTMENT TRUST Posts Fiscal H1 Revenue GBP57.9M MT
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Managers TitleAgeSince
Chief Investment Officer - -
Members of the board TitleAgeSince
Director/Board Member 57 18-06-30
Director/Board Member 56 21-05-31
Director/Board Member 59 14-04-30
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The Mercantile Investment Trust PLC is a United Kingdom-based investment trust company. The Company's objective is to achieve long term capital growth from a portfolio of United Kingdom medium and smaller companies. The Company's investment policy includes to emphasize capital growth from medium and smaller companies; to achieve long term dividend growth at least in line with inflation; to use long term gearing to increase potential returns to shareholders, and to invest no more than 15% of gross assets in other United Kingdom listed closed-ended investment funds (including investment trusts). The Company's investment includes sectors, such as industrials, financials, technology, telecommunications, health care, basic materials, consumer discretionary, consumer staples, energy, real estate, and utilities. The Company's Alternative Investment Fund Manager is JPMorgan Funds Limited.
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