The Mercantile Investment Trust plc
MRC.L
Price:
$246.5
Market Cap:
$1.91B
The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.[Read more]
Industry
Asset Management
IPO Date
1972-09-29
Stock Exchange
LSE
Ticker
MRC.L
The ROE as of September 2024 (TTM) for The Mercantile Investment Trust plc (MRC.L) is 47.18%
According to The Mercantile Investment Trust plc’s latest financial reports and current stock price. The company's current ROE is 47.18%. This represents a change of 296.04% compared to the average of 11.91% of the last 4 quarters.
The Mercantile Investment Trust plc (MRC.L) Historical ROE (quarterly & annually)
How has MRC.L ROE performed in the past?
The mean historical ROE of The Mercantile Investment Trust plc over the last ten years is 4.79%. The current 47.18% ROE has changed 885.49% with respect to the historical average. Over the past ten years (40 quarters), MRC.L's ROE was at its highest in in the June 2020 quarter at 47.43%. The ROE was at its lowest in in the April 2020 quarter at -14.47%.
Average
4.79%
Median
4.45%
Minimum
-14.76%
Maximum
22.14%
The Mercantile Investment Trust plc (MRC.L) ROE by Quarter and Year
Discovering the peaks and valleys of The Mercantile Investment Trust plc ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 336.94%
Maximum Annual ROE = 22.14%
Minimum Annual Increase = -339.87%
Minimum Annual ROE = -14.76%
| Year | ROE | Change |
|---|---|---|
| 2024 | 4.03% | -127.31% |
| 2023 | -14.76% | -222.77% |
| 2022 | 12.02% | -266.35% |
| 2021 | -7.23% | -132.64% |
| 2020 | 22.14% | -339.87% |
| 2019 | -9.23% | -145.11% |
| 2018 | 20.46% | 336.94% |
| 2017 | 4.68% | -59.41% |
| 2016 | 11.53% | 172.91% |
| 2015 | 4.23% | -80.75% |
The Mercantile Investment Trust plc (MRC.L) Average ROE
How has MRC.L ROE performed in the past?
The current ROE of The Mercantile Investment Trust plc (MRC.L) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.43%
5-year avg
3.24%
10-year avg
4.79%
The Mercantile Investment Trust plc (MRC.L) ROE vs. Peers
How is MRC.L’s ROE compared to its peers?
The Mercantile Investment Trust plc’s ROE is less than Murray International Trust PLC (16.14%), less than The Monks Investment Trust PLC (25.96%), less than Temple Bar Investment Trust PLC (28.80%), less than The Edinburgh Investment Trust plc (34.36%), less than The Bankers Investment Trust PLC (15.92%),
| Company | ROE | Market cap |
|---|---|---|
| 16.14% | $1.53B | |
| 25.96% | $2.43B | |
| 28.80% | $759.27M | |
| 34.36% | $1.12B | |
| 15.92% | $1.29B |
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