Mercantile Investment Trust (The) (MRC)

Sector:

Investment Firms

Index:

FTSE 250

230.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 248.00
  • 52 Week Low: 177.80
  • Currency: UK Pounds
  • Shares Issued: 775.35m
  • Volume: 359,499
  • Market Cap: £1,783.31m

Dividend Data

  31-Jan-2431-Jan-2331-Jan-2231-Jan-2131-Jan-20
Q1 Dividend1.45p1.35p1.35p1.35p1.35p
Q2 Dividend1.45p1.35p1.35p1.35p1.35p
Q3 Dividend1.45p1.35p1.35p1.35p1.35p
Q4 Dividend3.30p3.10p2.85p2.65p2.55p
Total Dividend7.65p7.15p6.90p6.70p6.60p
For more dividend details, click here

Fundamentals

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
Turnover 73.27 61.59 60.99 40.06 67.72
Operating Profit/(Loss) 75.38 61.25 56.82 36.50 64.41
Net Interest (4.17) (4.24) (3.85) (3.32) (3.30)
Profit Before Tax 71.21 57.01 52.97 33.18 61.11
Profit After Tax 71.07 56.88 51.48 32.47 60.51
Total Dividend Paid n/a n/a n/a n/a n/a
Retained Profit/(Loss) for the Financial Year 71.07 56.88 51.48 32.47 60.51
Earnings per Share - Basic 9.01p 7.19p 6.50p 4.10p 7.64p
Earnings per Share - Diluted 9.01p 7.19p 6.50p 4.10p 7.64p
Earnings per Share - Adjusted 9.01p 7.19p 6.50p 4.10p 7.64p
Dividend per Share 7.65p 7.15p 6.90p 6.70p 6.60p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
Fixed Assets          
Intangible Assets n/a n/a n/a n/a n/a
Tangible Assets n/a n/a n/a n/a n/a
Fixed Investments 2,115.71 2,042.76 2,465.12 2,228.55 2,289.57
  2,115.71 2,042.76 2,465.12 2,228.55 2,289.57
Current Assets          
Stocks n/a n/a n/a n/a n/a
Debtors 7.56 2.74 4.27 14.13 4.63
Cash at Bank & in Hand 89.53 157.61 65.66 23.35 72.34
Other Current Assets n/a n/a n/a n/a n/a
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,212.80 2,203.10 2,535.05 2,266.03 2,366.54
           
Liabilities          
Creditors: Amount Due Within 1 Year 19.25 9.60 9.12 21.07 5.85
Net Current Assets 77.84 150.74 60.81 16.41 71.12
           
Creditors: Amount Due Over 1 Year 327.93 327.83 327.72 257.96 177.87
Provisions for Liabilities & Charges n/a n/a n/a n/a n/a
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 347.18 337.42 336.84 279.03 183.72
           
Net Assets 1,865.62 1,865.68 2,198.21 1,987.00 2,182.82
           
Capital & Reserves          
Called Up Share Capital 23.61 23.61 23.61 23.61 23.61
Share Premium Account 23.46 23.46 23.46 23.46 23.46
Other Reserves 1,742.36 1,754.69 2,089.54 1,876.77 2,052.82
Profit & Loss Account 76.19 63.92 61.60 63.16 82.93
Shareholders Funds 1,865.62 1,865.68 2,198.21 1,987.00 2,182.82
           
Minority Interests n/a n/a n/a n/a n/a
Capital Employed 1,865.62 1,865.68 2,198.21 1,987.00 2,182.82
Cash Flow 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
Net Cash Flow From Operating Activities 69.70 57.64 37.01 20.94 45.94
Returns On Investment & Servicing of Finance n/a n/a n/a n/a n/a
Taxation Paid n/a n/a n/a n/a n/a
Capital Expenditure (49.37) 105.53 (11.34) (97.69) (102.49)
Acquisitions & Disposals n/a n/a n/a n/a n/a
Equity Dividends Paid (58.79) (54.57) (53.03) n/a n/a
Management of Liquid Resources n/a n/a n/a n/a n/a
Financing (29.62) (16.68) 69.66 27.76 (54.14)
Net Increase/Decrease In Cash (68.08) 91.93 42.30 (48.99) (110.69)
Ratios 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
PE Ratio 23.8 29.1 37.5 56.3 34.2
PEG 1.0 2.6 0.6 n/a 17.1
EPS Growth 25% 11% 58% -46% 2%
Dividend Yield 3.6% 3.4% 2.8% 2.9% 2.5%
Dividend Cover 1.18 1.01 0.94 0.61 1.16
Dividend per Share Growth 6.99% 3.62% 2.99% 1.52% 4.76%
Operating Cashflow Per Share 8.99p 7.43p 4.77p 2.70p 5.92p
Pre-tax Profit per Share 9.18p 7.35p 6.83p 0.043p 7.88p
Cash Increase / Decrease per Share (8.78p) 11.86p 5.46p (0.064p) (14.28p)
Turnover per Share 9.45p 7.94p 7.87p 0.052p 8.73p
Net Asset Value per Share 240.62p 240.62p 283.51p 256.27p 281.53p
Operating Margin 102.88% 99.45% 93.17% 91.12% 95.11%
ROCE n/a n/a n/a n/a n/a
Net Gearing 13.81% 9.64% 12.34% 12.87% 5.10%

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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