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Merchants Trust Plc(LSE) MRCH

Market Cap£1.02BMarket 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)+1,851%
5 Year+28%
1 Year+24%
1 Month+4%
£6.88
+0.29%
+0.02Today
Merchants Trust Plc last closing stock price
MetricPriceDate
Last closeGBX 688.002026-08-26
Merchants Trust Plc stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.62%GBX 677.002026-08-19
1 month+4.4%GBX 659.002026-07-27
3 month+8.35%GBX 635.002026-05-28
Year to date+15.44%GBX 596.002025-12-31
1 year+23.52%GBX 557.002025-08-26
3 year+32.05%GBX 521.002023-08-25
5 year+27.88%GBX 538.002021-08-27
Since inception+1,851.2%GBX 0.351992-01-02

Merchants Trust Plc Financials at a Glance

Market Cap

£1.02BMarket 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

6.26

Dividend

£0.30

Beta (Volatility)

0.03 (Low)

Price

£6.88

Volume

231,436

Open

£6.86

Previous Close

£6.88

Daily Range

£6.86 - £6.90

52-Week Range

£5.36 - £6.90

Estimated Earnings Date

Sep 21, 2026

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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 in 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
  • Long-term capital growth and income generation
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 4.38% suggests attractive returns for investors
Financial Highlights
  • TTM price-to-earnings ratio stands at 6.16, indicating potential undervaluation
  • Net profit margin of 93.22% showcases operational efficiency
  • Recent quarterly earnings per share (EPS) of £0.79 demonstrates solid earnings growth
The Merchants Trust Plc has a long-standing history, established in 1889, and continues to adapt to market conditions while focusing on delivering value to shareholders. The company's investment strategy is benchmarked against the FTSE All-Share Index, ensuring alignment with market performance. With a strong management team and a commitment to maintaining a diversified portfolio, the trust aims to navigate the complexities of the equity markets effectively. The recent financial performance highlights the potential for continued growth and attractive returns, making it a noteworthy consideration for investors interested in the UK equity landscape.
AI Generated • Aug 23, 2026

Industry

Capital Markets

Employees

0

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

15.97%

Dividend Yield

4.32%

Payout Ratio

26.71%

Stock Overview

Market Cap

£1.02BMarket 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

231.44K

Avg. Volume

193.06K

Financials (TTM)

Gross Profit

£286.56M

Operating Income

£280.74M

EBITDA

£279.91M

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

£1.02BMarket 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 £6.88 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 £6.90.

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 4.32%.

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