Merchants Trust (The) (LSE:MRCH) Market Cap: £961.1 Mil (As of Jul. 21, 2026)

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LSE:MRCH Merchants Trust (The) PLC LSE:MRCH
39 GF Score
Price £6.51
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What is Merchants Trust (The) Market Cap?

Merchants Trust (The) LSE:MRCH -0.46% 39 Market Cap is £961.1 Mil as of Jul. 21, 2026. GuruFocus rates LSE:MRCH with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,663 Asset Management companies, Merchants Trust (The) ranks better than 85.15% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Merchants Trust (The)'s share price for the quarter that ended in Jan. 2026 was £6.28. Merchants Trust (The)'s Shares Outstanding (EOP) for the quarter that ended in Jan. 2026 was 147.6 Mil. Therefore, Merchants Trust (The)'s market cap for the quarter that ended in Jan. 2026 was £927.1 Mil.

Merchants Trust (The)'s quarterly market cap declined from Jan. 2025 (£825.2 Mil) to Jul. 2025 (£816.3 Mil) but then increased from Jul. 2025 (£816.3 Mil) to Jan. 2026 (£927.1 Mil).

Merchants Trust (The)'s annual market cap increased from Jan. 2024 (£805.4 Mil) to Jan. 2025 (£825.2 Mil) and increased from Jan. 2025 (£825.2 Mil) to Jan. 2026 (£927.1 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Merchants Trust (The)'s Enterprise Value for Today is £1,050.7 Mil.


Merchants Trust (The)  (LSE:MRCH) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Merchants Trust (The) Market Cap Related Terms


Merchants Trust (The) Market Cap Historical Data

* Premium members only.

The historical data trend for Merchants Trust (The)'s Market Cap 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.

Merchants Trust (The) Market Cap Chart

Merchants Trust (The) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 731.75 828.20 805.40 825.24 927.14

Merchants 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
Market Cap 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 805.40 889.95 825.24 816.34 927.14

LSE:MRCH vs BLK, BX, KKR: Market Cap Comparison

For the Asset Management subindustry, Merchants Trust (The)'s Market Cap, along with its competitors' market caps and Market Cap 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.


Merchants Trust (The) Market Cap vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Merchants Trust (The)'s Market Cap distribution charts can be found below:

* The bar in red indicates where Merchants Trust (The)'s Market Cap falls into.


LSE:MRCH
39GF Score
Merchants Trust (The) PLC LSE:MRCH
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Merchants Trust (The) Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Merchants Trust (The)'s Market Cap for the fiscal year that ended in Jan. 2026 is calculated as

Market Cap (A: Jan. 2026 )=Share Price (A: Jan. 2026 )*Shares Outstanding (EOP) (A: Jan. 2026 )
=£6.28*147.633
=£927.1

Merchants Trust (The)'s Market Cap for the quarter that ended in Jan. 2026 is calculated as

Market Cap (Q: Jan. 2026 )=Share Price (Q: Jan. 2026 )*Shares Outstanding (EOP) (Q: Jan. 2026 )
=£6.28*147.633
=£927.1

* 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 Market Cap →
What does a Market Cap of £961.1 Mil mean?
Merchants Trust (The) (LSE:MRCH) has a Market Cap of £961.1 Mil as of Jul. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Merchants Trust (The) and its competitors. According to the industry distribution chart, Merchants Trust (The) ranks #247 out of 1663 companies in the Asset Management industry, placing it in the top 14.9%.
Is Merchants Trust (The)'s Market Cap too high?
Merchants Trust (The)'s current Market Cap is £961.1 Mil. Based on the distribution chart, Merchants Trust (The) ranks #247 out of 1663 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Merchants Trust (The) has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Merchants Trust (The)'s Market Cap compare to BLK and BX?
According to the Asset Management industry distribution chart, Merchants Trust (The) ranks #247 out of 1663 companies for Market Cap. This places Merchants Trust (The) in the top 15% of its industry — outperforming the majority of peers. The industry median Market Cap is 196.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 196.02, based on 1,663 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Merchants Trust (The) and its competitors. For the Asset Management industry, the median Market Cap is 196.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merchants Trust (The)'s current Market Cap is £961.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merchants Trust (The) stock overvalued right now?
Merchants Trust (The) (LSE:MRCH) has a current Market Cap of £961.1 Mil. The current Market Cap is £961.1 Mil. Merchants Trust (The)'s overall GF Score™ is 39/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Merchants Trust (The) (LSE:MRCH), the current Market Cap is £961.1 Mil as of Jul. 21, 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.

Merchants Trust (The) Business Description

Address 199 Bishopsgate, London, GBR, EC2M 3TY
Merchants Trust (The) PLC is an investment trust. Its objective is to provide an above-average level of income and income growth together with long-term capital growth through a policy of investing mainly in higher-yielding large UK companies. Its performance is benchmarked against the FTSE All-Share Index.
39GF Score

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

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