Mercantile Investment Trust (The) (LSE:MRC) FCF Margin %: 27.49% (As of Jan. 2026) — 136% Above Median


LSE:MRC Mercantile Investment Trust (The) PLC LSE:MRC
50 GF Score
Price £2.74
GF Value £7.21
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Mercantile Investment Trust (The) FCF Margin %?

Mercantile Investment Trust (The) LSE:MRC -0.36% 50 FCF Margin % is 27.49% as of Jan. 2026, which is 136% above its 10-year median of 11.66. GuruFocus rates LSE:MRC with a GF Score™ of 50/100 and a GF Value™ of £7.21 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,456 Asset Management companies, Mercantile Investment Trust (The) ranks better than 61.61% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Mercantile Investment Trust (The)'s Free Cash Flow for the six months ended in Jan. 2026 was £28.9 Mil. Mercantile Investment Trust (The)'s Revenue for the six months ended in Jan. 2026 was £105.1 Mil. Therefore, Mercantile Investment Trust (The)'s FCF Margin % for the quarter that ended in Jan. 2026 was 27.49%.

As of today, Mercantile Investment Trust (The)'s current FCF Yield % is 3.74%.

The historical rank and industry rank for Mercantile Investment Trust (The)'s FCF Margin % or its related term are showing as below:

LSE:MRC' s FCF Margin % Range Over the Past 10 Years
Min: -28.64   Med: 11.66   Max: 90.52
Current: 31.15


During the past 13 years, the highest FCF Margin % of Mercantile Investment Trust (The) was 90.52%. The lowest was -28.64%. And the median was 11.66%.

LSE:MRC's FCF Margin % is ranked better than
61.61% of 1456 companies
in the Asset Management industry
Industry Median: 14.415 vs LSE:MRC: 31.15


Mercantile Investment Trust (The) FCF Margin % Related Terms


Mercantile Investment Trust (The) FCF Margin % Historical Data

* Premium members only.

The historical data trend for Mercantile Investment Trust (The)'s FCF Margin % 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) FCF Margin % Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.85 -21.06 90.52 27.91 31.15

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
FCF Margin % 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 40.44 11.14 -36.96 34.83 27.49

LSE:MRC vs BLK, BX, KKR: FCF Margin % Comparison

For the Asset Management subindustry, Mercantile Investment Trust (The)'s FCF Margin %, along with its competitors' market caps and FCF Margin % 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) FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s FCF Margin % distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s FCF Margin % falls into.


LSE:MRC
50GF Score
Mercantile Investment Trust (The) PLC LSE:MRC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercantile Investment Trust (The) FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=65.32/209.679
=31.15 %

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

FCF Margin=Free Cash Flow (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=28.89/105.097
=27.49 %

* 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 FCF Margin % →
What does a FCF Margin % of 27.49% mean?
Mercantile Investment Trust (The) (LSE:MRC) has a FCF Margin % of 27.49% as of Jan. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mercantile Investment Trust (The) and its competitors. This is 136% above median its historical median of 11.66. According to the industry distribution chart, Mercantile Investment Trust (The) ranks #559 out of 1456 companies in the Asset Management industry, placing it in the top 38.4%.
Is Mercantile Investment Trust (The)'s FCF Margin % too high?
Mercantile Investment Trust (The)'s current FCF Margin % of 27.49% is 136% above median its 10-year median of 11.66. The Asset Management industry median FCF Margin % is 14.42. Mercantile Investment Trust (The)'s value of 27.49% is 90.7% above this industry median. Based on the distribution chart, Mercantile Investment Trust (The) ranks #559 out of 1456 companies in the Asset Management industry, which is above the industry midpoint. Overall, Mercantile Investment Trust (The) has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Investment Trust (The)'s FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Mercantile Investment Trust (The) ranks #559 out of 1456 companies for FCF Margin %. This puts Mercantile Investment Trust (The) in the upper half of its industry. The industry median FCF Margin % is 14.42. Mercantile Investment Trust (The)'s value of 27.49% is 90.7% above this benchmark. While the company's 10-year median is 11.66 vs. the industry median of 14.42, 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 FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.42, based on 1,456 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercantile Investment Trust (The)'s current FCF Margin % of 27.49% is 90.7% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mercantile Investment Trust (The) and its competitors. For the Asset Management industry, the median FCF Margin % is 14.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Investment Trust (The)'s current FCF Margin % is 27.49%, which is 136% above median its own 10-year median of 11.66. 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 £2.74 — trading 62.1% below its estimated fair value. The current FCF Margin % is 27.49%, which is 136% above median its 10-year median of 11.66 and 90.7% above the Asset Management industry median of 14.42. Mercantile Investment Trust (The)'s overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Mercantile Investment Trust (The) (LSE:MRC), the current FCF Margin % is 27.49% 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 £2.74 is trading 62.1% below its estimated GF Value™ of £7.21. GuruFocus considers Mercantile Investment Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:MRC:

  • FCF Margin %: 27.49% (136% above median its 10-year median of 11.66)
  • GF Value™: £7.21 vs. price of £2.74 (62.1% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 90.7% above the Asset Management median (#559 of 1456)

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.
50GF Score

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

£2.74
Price
£7.21
GF Value