Merchants Trust (MRCH)

Sector:

Investment Firms

Index:

FTSE 250

522.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 600.00
  • 52 Week Low: 517.00
  • Currency: UK Pounds
  • Shares Issued: 149.60m
  • Volume: 260,567
  • Market Cap: £780.93m
  • RiskGrade: 130
  • Beta: 0.00

Dividend Data

  31-Jan-2431-Jan-2331-Jan-2231-Jan-2131-Jan-20
1st Interim7.10p6.85pn/an/an/a
2nd Interim7.10p6.85pn/an/an/a
Final Dividend7.10p7.00p6.85p6.80pn/a
Total Dividend28.40p27.60p27.30p27.20p27.10p
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 49.56 42.82 35.29 24.91 36.24
Operating Profit/(Loss) 47.24 40.62 33.43 23.15 34.55
Net Interest (1.95) (1.39) (1.18) (1.22) (1.88)
Profit Before Tax 45.29 39.23 32.24 21.92 32.67
Profit After Tax 44.51 38.63 31.83 21.85 32.64
Total Dividend Paid n/a n/a n/a n/a n/a
Retained Profit/(Loss) for the Financial Year 44.51 38.63 31.83 21.85 32.64
Earnings per Share - Basic 30.53p 28.70p 25.64p 18.51p 29.67p
Earnings per Share - Diluted 30.53p 28.70p 25.64p 18.51p 29.67p
Earnings per Share - Adjusted 30.53p 28.70p 25.64p 18.51p 29.67p
Dividend per Share 28.40p 27.60p 27.30p 27.30p 27.10p
  £ (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 874.67 909.64 814.90 638.23 704.45
  874.67 909.64 814.90 638.23 704.45
Current Assets          
Stocks n/a n/a n/a n/a n/a
Debtors 1.92 1.90 2.99 4.04 4.31
Cash at Bank & in Hand 22.89 11.47 18.63 6.62 10.55
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 899.48 923.00 836.51 648.90 719.30
           
Liabilities          
Creditors: Amount Due Within 1 Year 45.03 43.80 30.71 27.48 30.09
Net Current Assets (20.28) (30.45) (9.09) (16.81) (15.26)
           
Creditors: Amount Due Over 1 Year 66.87 66.81 66.75 66.70 66.65
Provisions for Liabilities & Charges n/a n/a n/a n/a n/a
Other Liabilities 0.06 0.02 n/a n/a 0.03
Total Liabilities 111.96 110.63 97.46 94.18 96.77
           
Net Assets 787.52 812.38 739.05 554.72 622.53
           
Capital & Reserves          
Called Up Share Capital 37.08 35.03 31.93 30.25 28.22
Share Premium Account 228.17 184.24 118.05 84.14 54.09
Other Reserves 495.45 570.21 568.65 418.23 508.40
Profit & Loss Account 26.82 22.90 20.43 22.10 31.82
Shareholders Funds 787.52 812.38 739.05 554.72 622.53
           
Minority Interests n/a n/a n/a n/a n/a
Capital Employed 787.52 812.38 739.05 554.72 622.53
Cash Flow 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
Net Cash Flow From Operating Activities 11.36 (53.26) 13.90 (3.21) 33.18
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 n/a n/a n/a n/a n/a
Acquisitions & Disposals n/a n/a n/a n/a n/a
Equity Dividends Paid (40.64) (36.25) (33.51) n/a n/a
Management of Liquid Resources n/a n/a n/a n/a n/a
Financing 40.76 82.41 31.61 (0.71) (45.61)
Net Increase/Decrease In Cash 11.48 (7.10) 12.01 (3.92) (12.43)
Ratios 31-Jan-24 31-Jan-23 31-Jan-22 31-Jan-21 31-Jan-20
PE Ratio 17.8 20.6 22.3 23.7 17.9
PEG 3.0 1.7 0.6 n/a 2.6
EPS Growth 6% 12% 38% -38% 7%
Dividend Yield 5.2% 4.7% 4.8% 6.2% 5.1%
Dividend Cover 1.08 1.04 0.94 0.68 1.09
Dividend per Share Growth 2.90% 1.10% n/a 0.74% 4.23%
Operating Cashflow Per Share 7.59p (35.60p) 9.29p (2.15p) 22.18p
Pre-tax Profit per Share 30.27p 26.22p 21.55p 0.15p 21.84p
Cash Increase / Decrease per Share 7.67p (4.74p) 8.03p (0.026p) (8.31p)
Turnover per Share 33.13p 28.62p 23.59p 0.17p 24.22p
Net Asset Value per Share 526.41p 543.02p 494.01p 370.79p 416.12p
Operating Margin 95.32% 94.86% 94.72% 92.93% 95.35%
ROCE n/a n/a n/a n/a n/a
Net Gearing 11.31% 12.21% 10.67% 15.78% 13.85%

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: Forecast figures based on normalised accounts.

 

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