Mercantile Investment Trust (The) (LSE:MRC) EV-to-OCF: 31.56 (As of Aug. 24, 2026) — 20% Below Median

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LSE:MRC Mercantile Investment Trust (The) PLC LSE:MRC
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What is Mercantile Investment Trust (The) EV-to-OCF?

Mercantile Investment Trust (The) LSE:MRC +0.35% 30 EV-to-OCF is 31.56 as of Aug. 24, 2026, which is 20% below its 10-year median of 39.63. GuruFocus rates LSE:MRC with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,503 Asset Management companies, Mercantile Investment Trust (The) ranks worse than 84.76% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mercantile Investment Trust (The)'s Enterprise Value is £2,061.8 Mil. Mercantile Investment Trust (The)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was £65.3 Mil. Therefore, Mercantile Investment Trust (The)'s EV-to-OCF for today is 31.56.

The historical rank and industry rank for Mercantile Investment Trust (The)'s EV-to-OCF or its related term are showing as below:

LSE:MRC' s EV-to-OCF Range Over the Past 10 Years
Min: 27.45   Med: 39.63   Max: 121.02
Current: 31.56

During the past 13 years, the highest EV-to-OCF of Mercantile Investment Trust (The) was 121.02. The lowest was 27.45. And the median was 39.63.

LSE:MRC's EV-to-OCF is ranked worse than
84.76% of 1503 companies
in the Asset Management industry
Industry Median: 5.9 vs LSE:MRC: 31.56

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-24), Mercantile Investment Trust (The)'s stock price is £2.83. Mercantile Investment Trust (The)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was £0.290. Therefore, Mercantile Investment Trust (The)'s PE Ratio (TTM) for today is 9.76.


Mercantile Investment Trust (The)  (LSE:MRC) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Mercantile Investment Trust (The)'s PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.83/0.290
=9.76

Mercantile Investment Trust (The)'s share price for today is £2.83.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercantile Investment Trust (The)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was £0.290.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Mercantile Investment Trust (The) EV-to-OCF Related Terms


Mercantile Investment Trust (The) EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Mercantile Investment Trust (The)'s EV-to-OCF 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.

Mercantile Investment Trust (The) EV-to-OCF Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.26 31.67 27.43 30.93 32.23

Mercantile Investment Trust (The) Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
EV-to-OCF 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 27.43 0.00 30.93 0.00 32.23

LSE:MRC vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Mercantile Investment Trust (The)'s EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Mercantile Investment Trust (The) EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s EV-to-OCF falls into.


LSE:MRC
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Mercantile Investment Trust (The) PLC LSE:MRC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercantile Investment Trust (The) EV-to-OCF Calculation

Mercantile Investment Trust (The)'s EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2061.823/65.32
=31.56

Mercantile Investment Trust (The)'s current Enterprise Value is £2,061.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercantile Investment Trust (The)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was £65.3 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 EV-to-OCF →
What does a EV-to-OCF of 31.56 mean?
Mercantile Investment Trust (The) (LSE:MRC) has a EV-to-OCF of 31.56 as of Aug. 24, 2026. This is 20% below median its historical median of 39.63. Over the past decade, Mercantile Investment Trust (The)'s EV-to-OCF has ranged from 27.45 to 121.02. According to the industry distribution chart, Mercantile Investment Trust (The) ranks #1274 out of 1503 companies in the Asset Management industry, placing it in the top 84.8%.
Is Mercantile Investment Trust (The)'s EV-to-OCF too high?
Mercantile Investment Trust (The)'s current EV-to-OCF of 31.56 is 20% below median its 10-year median of 39.63. Over the past 10 years, this metric has ranged from a low of 27.45 to a high of 121.02. The Asset Management industry median EV-to-OCF is 5.90. Mercantile Investment Trust (The)'s value of 31.56 is 434.9% above this industry median. Based on the distribution chart, Mercantile Investment Trust (The) ranks #1274 out of 1503 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Mercantile Investment Trust (The) has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mercantile Investment Trust (The)'s EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Mercantile Investment Trust (The) ranks #1274 out of 1503 companies for EV-to-OCF. This places Mercantile Investment Trust (The) in the lower half of its industry. The industry median EV-to-OCF is 5.90. Mercantile Investment Trust (The)'s value of 31.56 is 434.9% above this benchmark. Historically, Mercantile Investment Trust (The)'s own EV-to-OCF has ranged from 27.45 to 121.02 over the past decade. While the company's 10-year median is 39.63 vs. the industry median of 5.90, Mercantile Investment Trust (The) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.90, based on 1,503 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercantile Investment Trust (The)'s current EV-to-OCF of 31.56 is 434.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Investment Trust (The)'s current EV-to-OCF is 31.56, which is 20% below median its own 10-year median of 39.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Investment Trust (The) stock overvalued right now?
Mercantile Investment Trust (The) (LSE:MRC) has a current EV-to-OCF of 31.56. The current EV-to-OCF is 31.56, which is 20% below median its 10-year median of 39.63 and 434.9% above the Asset Management industry median of 5.90. Mercantile Investment Trust (The)'s overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Mercantile Investment Trust (The) (LSE:MRC), the current EV-to-OCF is 31.56 as of Aug. 24, 2026. 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.

Mercantile Investment Trust (The) Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of securities of companies from various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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