Manchester & London Investment Trust (LSE:MNL) Asset Turnover: -0.01 (As of Jan. 2026)


LSE:MNL Manchester & London Investment Trust PLC LSE:MNL
44 GF Score
Price £11.35
GF Value £5.83
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Manchester & London Investment Trust Asset Turnover?

Manchester & London Investment Trust LSE:MNL 44 Asset Turnover is -0.01 as of Jan. 2026. GuruFocus rates LSE:MNL with a GF Score™ of 44/100 and a GF Value™ of £5.83 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Manchester & London Investment Trust's Revenue for the six months ended in Jan. 2026 was £-5.57 Mil. Manchester & London Investment Trust's Total Assets for the quarter that ended in Jan. 2026 was £416.81 Mil. Therefore, Manchester & London Investment Trust's Asset Turnover for the quarter that ended in Jan. 2026 was -0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Manchester & London Investment Trust's annualized ROE % for the quarter that ended in Jan. 2026 was -2.95%. It is also linked to ROA % through Du Pont Formula. Manchester & London Investment Trust's annualized ROA % for the quarter that ended in Jan. 2026 was -2.87%.


Manchester & London Investment Trust  (LSE:MNL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Manchester & London Investment Trust's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=-11.96/406.0355
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.96 / -11.144)*(-11.144 / 416.8085)*(416.8085/ 406.0355)
=Net Margin %*Asset Turnover*Equity Multiplier
=107.32 %*-0.0267*1.0265
=ROA %*Equity Multiplier
=-2.87 %*1.0265
=-2.95 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Manchester & London Investment Trust's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=-11.96/416.8085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.96 / -11.144)*(-11.144 / 416.8085)
=Net Margin %*Asset Turnover
=107.32 %*-0.0267
=-2.87 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Manchester & London Investment Trust Asset Turnover Related Terms


Manchester & London Investment Trust Asset Turnover Historical Data

* Premium members only.

The historical data trend for Manchester & London Investment Trust's Asset Turnover 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 Asset Turnover Chart

Manchester & London Investment Trust Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 -0.24 0.13 0.43 0.27

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
Asset Turnover 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 0.22 0.22 0.06 0.21 -0.01

LSE:MNL vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Manchester & London Investment Trust's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Asset Management Industry

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

* The bar in red indicates where Manchester & London Investment Trust's Asset Turnover falls into.


LSE:MNL
44GF Score
Manchester & London Investment Trust PLC LSE:MNL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manchester & London Investment Trust Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Manchester & London Investment Trust's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=102.103/( (337.845+420.896)/ 2 )
=102.103/379.3705
=0.27

Manchester & London Investment Trust's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=-5.572/( (420.896+412.721)/ 2 )
=-5.572/416.8085
=-0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of -0.01 mean?
Manchester & London Investment Trust (LSE:MNL) has a Asset Turnover of -0.01 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Manchester & London Investment Trust and its competitors.
Is Manchester & London Investment Trust's Asset Turnover too high?
Manchester & London Investment Trust's current Asset Turnover is -0.01. Overall, Manchester & London Investment Trust has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester & London Investment Trust's Asset Turnover compare to BLK and BX?
Manchester & London Investment Trust's Asset Turnover of -0.01 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Manchester & London Investment Trust and its competitors. Manchester & London Investment Trust's current Asset Turnover is -0.01. 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 £11.35 — trading 94.7% above its estimated fair value. The current Asset Turnover is -0.01. Manchester & London Investment Trust's overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Manchester & London Investment Trust (LSE:MNL), the current Asset Turnover is -0.01 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 £11.35 is trading 94.7% above its estimated GF Value™ of £5.83. GuruFocus considers Manchester & London Investment Trust to be Significantly Overvalued.

Key valuation signals for LSE:MNL:

  • Asset Turnover: -0.01
  • GF Value™: £5.83 vs. price of £11.35 (94.7% above fair value)
  • GF Score™: 44/100 with 7 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.
44GF Score

Get the complete analysis for LSE:MNL

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

£11.35
Price
£5.83
GF Value