Manchester & London Investment Trust (LSE:MNL) 3-Year RORE % : -11.61% (As of Jan. 2026)

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LSE:MNL Manchester & London Investment Trust PLC LSE:MNL
56 GF Score
Price £9.90
GF Value £5.83
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Manchester & London Investment Trust 3-Year RORE %?

Manchester & London Investment Trust LSE:MNL +1.02% 56 3-Year RORE % is -11.61 as of Jan. 2026. GuruFocus rates LSE:MNL with a GF Score™ of 56/100 and a GF Value™ of £5.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,534 Asset Management companies, Manchester & London Investment Trust ranks worse than 65.12% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Manchester & London Investment Trust's 3-Year RORE % for the quarter that ended in Jan. 2026 was -11.61%.

The industry rank for Manchester & London Investment Trust's 3-Year RORE % or its related term are showing as below:

LSE:MNL's 3-Year RORE % is ranked worse than
65.12% of 1534 companies
in the Asset Management industry
Industry Median: 12.405 vs LSE:MNL: -11.61

Manchester & London Investment Trust  (LSE:MNL) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Manchester & London Investment Trust 3-Year RORE % Related Terms


Manchester & London Investment Trust 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Manchester & London Investment Trust's 3-Year RORE % 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.

Manchester & London Investment Trust 3-Year RORE % Chart

Manchester & London Investment Trust Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.15 360.35 -22.15 252.65 31.41

Manchester & London Investment Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
3-Year RORE % 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 497.35 252.65 137.20 31.41 -11.61

LSE:MNL vs BLK, BX, KKR: 3-Year RORE % Comparison

For the Asset Management subindustry, Manchester & London Investment Trust's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Manchester & London Investment Trust 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Manchester & London Investment Trust's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Manchester & London Investment Trust's 3-Year RORE % falls into.


LSE:MNL
56GF Score
Manchester & London Investment Trust PLC LSE:MNL
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manchester & London Investment Trust 3-Year RORE % Calculation

Manchester & London Investment Trust's 3-Year RORE % for the quarter that ended in Jan. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 1.863-2.586 )/( 6.65-0.42 )
=-0.723/6.23
=-11.61 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -11.61 mean?
Manchester & London Investment Trust (LSE:MNL) has a 3-Year RORE % of -11.61 as of Jan. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Manchester & London Investment Trust and its competitors. According to the industry distribution chart, Manchester & London Investment Trust ranks #999 out of 1534 companies in the Asset Management industry, placing it in the top 65.1%.
Is Manchester & London Investment Trust's 3-Year RORE % too high?
Manchester & London Investment Trust's current 3-Year RORE % is -11.61. Based on the distribution chart, Manchester & London Investment Trust ranks #999 out of 1534 companies in the Asset Management industry, which is below the industry midpoint. Overall, Manchester & London Investment Trust has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester & London Investment Trust's 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Manchester & London Investment Trust ranks #999 out of 1534 companies for 3-Year RORE %. This places Manchester & London Investment Trust in the lower half of its industry. The industry median 3-Year RORE % is 12.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.41, based on 1,534 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Manchester & London Investment Trust and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester & London Investment Trust's current 3-Year RORE % is -11.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester & London Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Manchester & London Investment Trust (LSE:MNL) is currently considered Significantly Overvalued. The stock's GF Value™ is £5.83, compared to a current price of £9.90 — trading 69.8% above its estimated fair value. The current 3-Year RORE % is -11.61. Manchester & London Investment Trust's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Manchester & London Investment Trust (LSE:MNL), the current 3-Year RORE % is -11.61 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 Manchester & London Investment Trust (LSE:MNL) Overvalued in 2026?

Based on GuruFocus' analysis, Manchester & London Investment Trust stock appears to be overvalued. The current stock price of £9.90 is trading 69.8% above its estimated GF Value™ of £5.83. GuruFocus considers Manchester & London Investment Trust to be Significantly Overvalued.

Key valuation signals for LSE:MNL:

  • 3-Year RORE %: -11.61
  • GF Value™: £5.83 vs. price of £9.90 (69.8% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Manchester & London Investment Trust Business Description

Address 12a Princes Gate Mews, London, GBR, SW7 2PS
Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.
56GF Score

Get the complete analysis for LSE:MNL

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

£9.90
Price
£5.83
GF Value