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Merchants Trust Plc

(LSE) MRCH

Current Price£6.55
Market Cap£956.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1992)+1,743%
5 Year+28%
1 Year+17%
1 Month+1%
Merchants Trust Plc last closing stock price
MetricPriceDate
Last closeGBX 649.002026-07-16
Merchants Trust Plc stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.72%GBX 638.002026-07-09
1 month+1.09%GBX 642.002026-06-16
3 month+3.51%GBX 627.002026-04-17
Year to date+8.89%GBX 596.002025-12-31
1 year+17.15%GBX 554.002025-07-16
3 year+22.22%GBX 531.002023-07-17
5 year+28.01%GBX 507.002021-07-16
Since inception+1,743.12%GBX 0.351992-01-02

Merchants Trust Plc Financials at a Glance

Market Cap

£956.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

£289.87M

Net Income (TTM)

£266.68M

EPS (TTM)

£1.10

P/E Ratio

5.90

Dividend

£0.30

Beta (Volatility)

0.04 (Low)

Price

£6.55

Volume

127,925

Open

£6.47

Previous Close

£6.55

Daily Range

£6.45 - £6.55

52-Week Range

£5.36 - £6.60

Estimated Earnings Date

Sep 21, 2026

MRCH News

What This Top Dividend Portfolio Is Holding Now: Royal Dutch Shell, GlaxoSmithKline, and BP

G. A. ChesterMar 29, 2013

Searching for Today's Must-Buy Dividends

Harvey JonesApr 27, 2012

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About Merchants Trust Plc

The Merchants Trust Plc is a closed-ended equity investment fund managed by Allianz Global Investors GmbH, UK Branch. The company primarily invests in publicly traded companies across various sectors within the UK equity markets, aiming to deliver long-term capital growth and income.

Products and Services
  • Closed-ended equity investment fund
  • Diversified portfolio across UK sectors
  • Focus on long-term capital growth and income
Growth Outlook
  • Recent quarterly revenue reached £123.28 million, indicating strong performance
  • Trailing twelve months (TTM) net income of £117.05 million reflects robust profitability
  • Dividend yield of 4.68% suggests attractive income potential for investors
Financial Highlights
  • TTM price-to-earnings (P/E) ratio of 5.74 indicates potential undervaluation
  • Net profit margin of 93.22% showcases operational efficiency
  • Operating income of £120.90 million in the latest quarter demonstrates strong earnings capability
The Merchants Trust Plc has a long-standing history, established in 1889, and continues to adapt to the evolving market landscape. The fund's strategy is benchmarked against the FTSE All-Share Index, providing a clear performance metric for investors. The recent financial results highlight a strong revenue generation capability, with a significant net income that underscores the trust's operational efficiency. The attractive dividend yield further enhances the investment appeal, making it a noteworthy consideration for those interested in equity investment funds.
AI Generated • Jun 22, 2026

Industry

Capital Markets

Sector

Financials

Employees

0

Website

www.merchantstrust.co.uk

Headquarters

London, GL EC2M 3TY, GB

MRCH Financials

Key Financial Metrics (TTM)

Gross Margin

100.00%

Operating Margin

97.30%

Net Income Margin

93.22%

Return on Equity

17.67%

Return on Capital

15.61%

Return on Assets

14.98%

Earnings Yield

16.95%

Dividend Yield

4.58%

Payout Ratio

26.71%

Stock Overview

Market Cap

£956.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

147.63M

Volume

127.92K

Avg. Volume

195.44K

Financials (TTM)

Gross Profit

£286.56M

Operating Income

£280.74M

EBITDA

£279.98M

Operating Cash Flow

£85.70M

Capital Expenditure

-£33.79M

Free Cash Flow

£66.89M

Cash & ST Invst.

£26.08M

Total Debt

£116.85M

Merchants Trust Plc Performance Analysis

Merchants Trust Plc annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-01-31GBP 65,375,000-70.0%
20242024-01-31GBP 49,235,000-24.7%
20252025-01-31GBP 89,701,00082.2%
20262026-01-31GBP 173,502,00093.4%
Merchants Trust Plc sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-317818.3%
Q42025-01-31-104.6%
Q22025-07-311020.9%
Q42026-01-31142.0%
Merchants Trust Plc annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-01-31GBP 0.30-79.7%
20242024-01-31GBP -0.21N/A
20252025-01-31GBP 0.70N/A
20262026-01-31GBP 1.1055.9%
Merchants Trust Plc sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-07-311806.8%
Q42025-01-31-109.8%
Q22025-07-31506.8%
Q42026-01-31154.8%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2025YOY CHG

Revenue

£123.28M

+7952.2%

Gross Profit

£123.28M

+7952.2%

Gross Margin

100.00%

N/A

Market Cap

£956.66MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

£117.05M

+1836.3%

EBITDA

£120.16M

+3282.2%

Quarterly Fundamentals

Name
Q4 2025YOY CHG

Total Cash

£26.08M

+14.0%

Total Debt

£116.85M

+8.1%

Accounts Receivable

£1.41M

-25.3%

Inventory

£0.00

N/A

Long Term Debt

£116.85M

+74.7%

Short Term Debt

£0.00

N/A

Return on Assets

14.98%

N/A

Return on Invested Capital

15.64%

N/A

Free Cash Flow

£0.00

-100.0%

Operating Cash Flow

£18.81M

+17.9%

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Questions About MRCH

What is the current price of Merchants Trust Plc?

Merchants Trust Plc is trading at £6.55 per share.

What is the 52-week range for Merchants Trust Plc?

Over the past 52 weeks, Merchants Trust Plc has traded between £5.36 and £6.60.

How much debt does Merchants Trust Plc have?

As of the most recent reporting period, Merchants Trust Plc reported total debt of £116.85M.

How much cash does Merchants Trust Plc have on hand?

Merchants Trust Plc reported £26.08M in cash and cash equivalents in its most recent financial results.

What is Merchants Trust Plc’s dividend yield?

Merchants Trust Plc currently has a dividend yield of 4.58%.

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