Mercia Asset Management (LSE:MERC) EBIT: £5.16 Mil (TTM As of Sep. 2025)


LSE:MERC Mercia Asset Management PLC LSE:MERC
54 GF Score
Price £0.29
GF Value £0.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mercia Asset Management EBIT?

Mercia Asset Management LSE:MERC 54 EBIT is £5.16 Mil as of Sep. 2025. GuruFocus rates LSE:MERC with a GF Score™ of 54/100 and a GF Value™ of £0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Mercia Asset Management's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was £2.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was £5.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mercia Asset Management's annualized ROC % for the quarter that ended in Sep. 2025 was 1.70%. Mercia Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 434.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mercia Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 5.85%.


Mercia Asset Management  (LSE:MERC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mercia Asset Management's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=4.226 * ( 1 - 31.75% )/( (168.956 + 170.756)/ 2 )
=2.884245/169.856
=1.70 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Mercia Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.004/( ( (0.88 + max(-9.872, 0)) + (1.424 + max(-7.866, 0)) )/ 2 )
=5.004/( ( 0.88 + 1.424 )/ 2 )
=5.004/1.152
=434.38 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.976 + 0 + 0.932) - (3.396 + 0 + 8.384)
=-9.872

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.083 + 0 + 0) - (5.044 + 0 + 5.905)
=-7.866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mercia Asset Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=5.156/88.194
=5.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercia Asset Management EBIT Related Terms


Mercia Asset Management EBIT Historical Data

* Premium members only.

The historical data trend for Mercia Asset Management's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercia Asset Management EBIT Chart

Mercia Asset Management Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.04 27.38 2.44 -8.16 5.41

Mercia Asset Management Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 -9.79 2.75 2.65 2.50

LSE:MERC vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Mercia Asset Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercia Asset Management EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercia Asset Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mercia Asset Management's EV-to-EBIT falls into.


LSE:MERC
54GF Score
Mercia Asset Management PLC LSE:MERC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercia Asset Management EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £5.16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of £5.16 Mil mean?
Mercia Asset Management (LSE:MERC) has a EBIT of £5.16 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mercia Asset Management.
Is Mercia Asset Management's EBIT too high?
Mercia Asset Management's current EBIT is £5.16 Mil. Overall, Mercia Asset Management has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercia Asset Management's EBIT compare to BLK and BX?
Mercia Asset Management's EBIT of £5.16 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Asset Management company?
A good EBIT depends on the Asset Management industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mercia Asset Management. Mercia Asset Management's current EBIT is £5.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercia Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Mercia Asset Management (LSE:MERC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.36, compared to a current price of £0.29 — trading 20.1% below its estimated fair value. The current EBIT is £5.16 Mil. Mercia Asset Management's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Mercia Asset Management (LSE:MERC), the current EBIT is £5.16 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercia Asset Management (LSE:MERC) Overvalued in 2026?

Based on GuruFocus' analysis, Mercia Asset Management stock appears to be undervalued. The current stock price of £0.29 is trading 20.1% below its estimated GF Value™ of £0.36. GuruFocus considers Mercia Asset Management to be Modestly Undervalued.

Key valuation signals for LSE:MERC:

  • EBIT: £5.16 Mil
  • GF Value™: £0.36 vs. price of £0.29 (20.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the LSE:MERC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercia Asset Management Business Description

Address 17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA
Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.
54GF Score

Get the complete analysis for LSE:MERC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.29
Price
£0.36
GF Value