Mercantile Investment Trust (The) (LSE:MRC) EPS (Basic): £0.29 (TTM As of Jan. 2026)


LSE:MRC Mercantile Investment Trust (The) PLC LSE:MRC
51 GF Score
Price £2.77
GF Value £7.21
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mercantile Investment Trust (The) EPS (Basic)?

Mercantile Investment Trust (The) LSE:MRC +0.73% 51 EPS (Basic) is £0.29 as of Jan. 2026. GuruFocus rates LSE:MRC with a GF Score™ of 51/100 and a GF Value™ of £7.21 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Mercantile Investment Trust (The)'s basic earnings per share (Basic EPS) for the six months ended in Jan. 2026 was £0.15. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Jan. 2026 was £0.29.

Mercantile Investment Trust (The)'s EPS (Diluted) for the six months ended in Jan. 2026 was £0.15. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was £0.29.

Mercantile Investment Trust (The)'s EPS without NRI for the six months ended in Jan. 2026 was £0.15. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jan. 2026 was 0.29.

During the past 12 months, Mercantile Investment Trust (The)'s average EPS without NRIGrowth Rate was -7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, Mercantile Investment Trust (The)'s highest 3-Year average EPS without NRI Growth Rate was 90.70% per year. The lowest was -38.40% per year. And the median was 4.25% per year.


Mercantile Investment Trust (The)  (LSE:MRC) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Mercantile Investment Trust (The) EPS (Basic) Related Terms


Mercantile Investment Trust (The) EPS (Basic) Historical Data

* Premium members only.

The historical data trend for Mercantile Investment Trust (The)'s EPS (Basic) 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) EPS (Basic) Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EPS (Basic)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 -0.35 0.10 0.31 0.29

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
EPS (Basic) 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 0.11 0.42 -0.11 0.14 0.15
LSE:MRC
51GF Score
Mercantile Investment Trust (The) PLC LSE:MRC
EPS (Basic) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercantile Investment Trust (The) EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

Mercantile Investment Trust (The)'s Basic EPS for the fiscal year that ended in Jan. 2026 is calculated as

Basic EPS (A: Jan. 2026 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(207.853-0)/716.006
=0.29

Mercantile Investment Trust (The)'s Basic EPS for the quarter that ended in Jan. 2026 is calculated as

Basic EPS (Q: Jan. 2026 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(103.758-0)/700.396
=0.15

EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.29

* 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 EPS (Basic) →
What does a EPS (Basic) of £0.29 mean?
Mercantile Investment Trust (The) (LSE:MRC) has a EPS (Basic) of £0.29 as of Jan. 2026. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Mercantile Investment Trust (The) and its competitors.
Is Mercantile Investment Trust (The)'s EPS (Basic) too high?
Mercantile Investment Trust (The)'s current EPS (Basic) is £0.29. Overall, Mercantile Investment Trust (The) has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Investment Trust (The)'s EPS (Basic) compare to BLK and BX?
Mercantile Investment Trust (The)'s EPS (Basic) of £0.29 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 EPS (Basic) for an Asset Management company?
A good EPS (Basic) depends on the Asset Management industry context. However, EPS (Basic) 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 EPS (Basic) mean?
A high EPS (Basic) can signal that a stock is expensive relative to its fundamentals. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Mercantile Investment Trust (The) and its competitors. Mercantile Investment Trust (The)'s current EPS (Basic) is £0.29. 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?
Based on GuruFocus' analysis, Mercantile Investment Trust (The) (LSE:MRC) is currently considered Significantly Undervalued. The stock's GF Value™ is £7.21, compared to a current price of £2.77 — trading 61.7% below its estimated fair value. The current EPS (Basic) is £0.29. Mercantile Investment Trust (The)'s overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS (Basic) calculated?
EPS (Basic) is calculated from a company's financial statements. For Mercantile Investment Trust (The) (LSE:MRC), the current EPS (Basic) is £0.29 as of Jan. 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.

Is Mercantile Investment Trust (The) (LSE:MRC) Overvalued in 2026?

Based on GuruFocus' analysis, Mercantile Investment Trust (The) stock appears to be undervalued. The current stock price of £2.77 is trading 61.7% below its estimated GF Value™ of £7.21. GuruFocus considers Mercantile Investment Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:MRC:

  • EPS (Basic): £0.29
  • GF Value™: £7.21 vs. price of £2.77 (61.7% below fair value)
  • GF Score™: 51/100 with 4 warning signs

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


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.
51GF Score

Get the complete analysis for LSE:MRC

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

£2.77
Price
£7.21
GF Value