What is Mercantile Investment Trust (The) EV-to-FCF?
Mercantile Investment Trust (The)LSE:MRC +0.73%51 EV-to-FCF is 31.25 as of Jul. 04, 2026, which is 23% below its 10-year median of 40.55. 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. Among 936 Asset Management companies, Mercantile Investment Trust (The) ranks worse than 75.21% on this metric.
LSE:MRC'
s EV-to-FCF Range Over the Past 10 Years
Min: 27.45 Med: 40.55 Max: 121.02
Current: 31.06
During the past 13 years, the highest EV-to-FCF of Mercantile Investment Trust (The) was 121.02. The lowest was 27.45. And the median was 40.55.
LSE:MRC's EV-to-FCF is ranked worse than 75.21% of 936
companies
in the Asset Management industry
Industry Median: 14.505
vs LSE:MRC: 31.06
EV-to-FCF 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.
EV-to-FCF 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:
Mercantile Investment Trust (The)'s share price for today is £2.765.
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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mercantile Investment Trust (The) EV-to-FCF Related Terms
Mercantile Investment Trust (The) EV-to-FCF Historical Data
* 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.
For the Asset Management subindustry, Mercantile Investment Trust (The)'s EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mercantile Investment Trust (The)'s EV-to-FCF falls into.
Mercantile Investment Trust (The)'s current Enterprise Value is £2,041.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mercantile Investment Trust (The)'s Free Cash Flow 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.
Mercantile Investment Trust (The) (LSE:MRC) has a EV-to-FCF of 31.25 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercantile Investment Trust (The) and its competitors. This is 23% below median its historical median of 40.55. Over the past decade, Mercantile Investment Trust (The)'s EV-to-FCF has ranged from 27.45 to 121.02. According to the industry distribution chart, Mercantile Investment Trust (The) ranks #704 out of 936 companies in the Asset Management industry, placing it in the top 75.2%.
Is Mercantile Investment Trust (The)'s EV-to-FCF too high?
Mercantile Investment Trust (The)'s current EV-to-FCF of 31.25 is 23% below median its 10-year median of 40.55. 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-FCF is 14.51. Mercantile Investment Trust (The)'s value of 31.25 is 115.4% above this industry median. Based on the distribution chart, Mercantile Investment Trust (The) ranks #704 out of 936 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 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Investment Trust (The)'s EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Mercantile Investment Trust (The) ranks #704 out of 936 companies for EV-to-FCF. This places Mercantile Investment Trust (The) in the lower half of its industry. The industry median EV-to-FCF is 14.51. Mercantile Investment Trust (The)'s value of 31.25 is 115.4% above this benchmark. Historically, Mercantile Investment Trust (The)'s own EV-to-FCF has ranged from 27.45 to 121.02 over the past decade. While the company's 10-year median is 40.55 vs. the industry median of 14.51, 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.51, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 31.25 is 115.4% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercantile Investment Trust (The) and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.51 — 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-FCF is 31.25, which is 23% below median its own 10-year median of 40.55. 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 EV-to-FCF is 31.25, which is 23% below median its 10-year median of 40.55 and 115.4% above the Asset Management industry median of 14.51. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mercantile Investment Trust (The) (LSE:MRC), the current EV-to-FCF is 31.25 as of Jul. 04, 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:
EV-to-FCF: 31.25 (23% below median its 10-year median of 40.55)
GF Value™: £7.21 vs. price of £2.77 (61.7% below fair value)
Industry Position: 115.4% above the Asset Management median (#704 of 936)
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
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
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