Mercia Asset Management (MERC)

Sector:

Financials

Index:

FTSE AIM All-Share

35.60p
   
  • Change Today:
      0.60p
  • 52 Week High: 36.00
  • 52 Week Low: 21.00
  • Currency: UK Pounds
  • Shares Issued: 434.28m
  • Volume: 863,644
  • Market Cap: £154.60m
  • RiskGrade: 167

MERC Overview

Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital; the Group’s 'Complete Capital Solution'. The Group initially nurtures businesses via its third-party funds under management then, over time, Mercia can provide further funding to the most promising companies by deploying direct investment follow-on capital from its own balance sheet.

1 Day Chart (18-04-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 2.4% 0.0%
Div Cover 0.7 1.6
Op Mrgn 0.0% 2.8%
ROCE 0.0%  
Latest F'cast
P/E 55.6 24.7
PEG n/a 0.2
Pr/Revenue 6.0 5.2
Pr/Book 0.8  
Latest F'cast
Revenue 11.6% 14.2%
PBT -91.2% -65.1%
EPS -89.2% 124.5%
DPS 7.5% 6.0%

MERC Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-19 10.68 2.57 0.86p 40.1 0.7 +56% n/a 0.0%
31-Mar-20 12.75 (17.61) (5.11)p n/a n/a n/a n/a 0.0%
31-Mar-21 23.41 34.02 7.83p 4.0 n/a n/a 0.40p 1.3%
31-Mar-22 23.18 27.36 5.93p 5.7 n/a -24% 0.80p 2.4%
31-Mar-23 25.88 2.41 0.64p 41.3 n/a -89% 0.86p 3.3%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

MERC Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-24 29.55 0.84 1.44p 24.8 0.2 +124% 0.91p 0.0%
31-Mar-25 33.95 1.98 1.14p 31.3 n/a -21% 0.95p 0.0%
31-Mar-26 36.70 n/a 1.19p 29.8 5.8 +5% 1.07p 0.0%

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MERC Company Announcements

Transaction in Own Shares 17-Apr-2024 09:23 RNS
Transaction in Own Shares 16-Apr-2024 09:44 RNS
Transaction in Own Shares 15-Apr-2024 09:12 RNS

Latest MERC Director Deals

No deals were found in the last 28 days.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

MERC Market Data

Currency UK Pounds
Share Price 35.60p
Change Today 0.60p
% Change 1.71 %
52 Week High 36.00
52 Week Low 21.00
Volume 863,644
Shares Issued 434.28m
Market Cap £154.60m
RiskGrade 167

MERC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.00% above the market average20.00% above the market average20.00% above the market average20.00% above the market average20.00% above the market average
2.8% below the sector average2.8% below the sector average2.8% below the sector average2.8% below the sector average2.8% below the sector average
Price Trend
87.97% above the market average87.97% above the market average87.97% above the market average87.97% above the market average87.97% above the market average
82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average82.76% above the sector average
Income
83.46% below the market average83.46% below the market average83.46% below the market average83.46% below the market average83.46% below the market average
94.03% below the sector average94.03% below the sector average94.03% below the sector average94.03% below the sector average94.03% below the sector average
Growth
94.18% below the market average94.18% below the market average94.18% below the market average94.18% below the market average94.18% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MERC Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 28-Sep-23
Paid 10-Jan-24 27-Oct-23
Amount 0.35p 0.53p

Trades for 18-Apr-2024

Time Volume / Share Price
15:13 250,000 @ 35.40p
15:13 250,000 @ 35.40p
16:35 18,004 @ 35.60p
16:35 8,950 @ 35.60p
16:35 9,054 @ 35.60p

MERC Key Personnel

CEO Mark Andrew Payton
CFO Martin James Glanfield

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