Scottish Mortgage Investment Trust (LSE:SMT) Market Cap: £16,129 Mil (As of Jul. 01, 2026)


LSE:SMT Scottish Mortgage Investment Trust PLC LSE:SMT
34 GF Score
Price £14.71
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What is Scottish Mortgage Investment Trust Market Cap?

Scottish Mortgage Investment Trust LSE:SMT +3.27% 34 Market Cap is £16,129 Mil as of Jul. 01, 2026. GuruFocus rates LSE:SMT with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,658 Asset Management companies, Scottish Mortgage Investment Trust ranks better than 98.91% 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). Scottish Mortgage Investment Trust's share price for the quarter that ended in Mar. 2026 was £11.91. Scottish Mortgage Investment Trust's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,078 Mil. Therefore, Scottish Mortgage Investment Trust's market cap for the quarter that ended in Mar. 2026 was £12,841 Mil.

Scottish Mortgage Investment Trust's quarterly market cap increased from Mar. 2025 (£11,331 Mil) to Sep. 2025 (£12,806 Mil) and increased from Sep. 2025 (£12,806 Mil) to Mar. 2026 (£12,841 Mil).

Scottish Mortgage Investment Trust's annual market cap declined from Mar. 2024 (£12,390 Mil) to Mar. 2025 (£11,331 Mil) but then increased from Mar. 2025 (£11,331 Mil) to Mar. 2026 (£12,841 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. Scottish Mortgage Investment Trust's Enterprise Value for Today is £17,724 Mil.


Scottish Mortgage Investment Trust  (LSE:SMT) 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.


Scottish Mortgage Investment Trust Market Cap Related Terms


Scottish Mortgage Investment Trust Market Cap Historical Data

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The historical data trend for Scottish Mortgage Investment Trust'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.

Scottish Mortgage Investment Trust Market Cap Chart

Scottish Mortgage Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,816.79 9,552.10 12,389.66 11,330.72 12,840.97

Scottish Mortgage Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 12,389.66 10,757.51 11,330.72 12,806.21 12,840.97

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

For the Asset Management subindustry, Scottish Mortgage Investment Trust'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.


Scottish Mortgage Investment Trust Market Cap vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish Mortgage Investment Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Scottish Mortgage Investment Trust's Market Cap falls into.


LSE:SMT
34GF Score
Scottish Mortgage Investment Trust PLC LSE:SMT
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Scottish Mortgage Investment Trust 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.

Scottish Mortgage Investment Trust's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=£11.91*1078.167
=£12,841

Scottish Mortgage Investment Trust's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=£11.91*1078.167
=£12,841

* 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 £16,129 Mil mean?
Scottish Mortgage Investment Trust (LSE:SMT) has a Market Cap of £16,129 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Scottish Mortgage Investment Trust and its competitors. According to the industry distribution chart, Scottish Mortgage Investment Trust ranks #18 out of 1658 companies in the Asset Management industry, placing it in the top 1.1%.
Is Scottish Mortgage Investment Trust's Market Cap too high?
Scottish Mortgage Investment Trust's current Market Cap is £16,129 Mil. Based on the distribution chart, Scottish Mortgage Investment Trust ranks #18 out of 1658 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Scottish Mortgage Investment Trust has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Scottish Mortgage Investment Trust's Market Cap compare to BLK and BX?
According to the Asset Management industry distribution chart, Scottish Mortgage Investment Trust ranks #18 out of 1658 companies for Market Cap. This places Scottish Mortgage Investment Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 202.95. 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 202.95, based on 1,658 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 Scottish Mortgage Investment Trust and its competitors. For the Asset Management industry, the median Market Cap is 202.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scottish Mortgage Investment Trust's current Market Cap is £16,129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish Mortgage Investment Trust stock overvalued right now?
Scottish Mortgage Investment Trust (LSE:SMT) has a current Market Cap of £16,129 Mil. The current Market Cap is £16,129 Mil. Scottish Mortgage Investment Trust's overall GF Score™ is 34/100 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 Scottish Mortgage Investment Trust (LSE:SMT), the current Market Cap is £16,129 Mil as of Jul. 01, 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.

Scottish Mortgage Investment Trust Business Description

Address 1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long-term investments chosen on a global basis enabling the company to provide capital and dividend growth. The company focuses on investment in quoted securities irrespective of any geographical, industry, and sector exposure. The portfolio also invests in fixed-income securities, convertible securities, funds, unquoted entities, and other assets.
34GF Score

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