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Mercantile Investment Trust (The) (LSE:MRC) Market Cap : £1,889.56 Mil (As of Jun. 01, 2024)


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What is Mercantile Investment Trust (The) Market Cap?

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). Mercantile Investment Trust (The)'s share price for the quarter that ended in Jan. 2024 was £2.14. Mercantile Investment Trust (The)'s Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 782.06 Mil. Therefore, Mercantile Investment Trust (The)'s market cap for the quarter that ended in Jan. 2024 was £1,673.60 Mil.

Mercantile Investment Trust (The)'s quarterly market cap declined from Jan. 2023 (£1,667.07 Mil) to Jul. 2023 (£1,595.49 Mil) but then increased from Jul. 2023 (£1,595.49 Mil) to Jan. 2024 (£1,673.60 Mil).

Mercantile Investment Trust (The)'s annual market cap declined from Jan. 2022 (£1,931.32 Mil) to Jan. 2023 (£1,667.07 Mil) but then increased from Jan. 2023 (£1,667.07 Mil) to Jan. 2024 (£1,673.60 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. Mercantile Investment Trust (The)'s Enterprise Value for Today is £2,127.97 Mil.


Mercantile Investment Trust (The) Market Cap Historical Data

The historical data trend for Mercantile Investment 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.

* Premium members only.

Mercantile Investment Trust (The) Market Cap Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,065.88 1,828.42 1,931.32 1,667.07 1,673.60

Mercantile Investment Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1,931.32 1,620.06 1,667.07 1,595.49 1,673.60

Competitive Comparison of Mercantile Investment Trust (The)'s Market Cap

For the Asset Management subindustry, Mercantile Investment 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.


Mercantile Investment Trust (The)'s Market Cap Distribution in the Asset Management Industry

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

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



Mercantile Investment 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.

Mercantile Investment Trust (The)'s Market Cap for the fiscal year that ended in Jan. 2024 is calculated as

Market Cap (A: Jan. 2024 )=Share Price (A: Jan. 2024 )*Shares Outstanding (EOP) (A: Jan. 2024 )
=£2.14*782.057
=£1,673.60

Mercantile Investment Trust (The)'s Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )=Share Price (Q: Jan. 2024 )*Shares Outstanding (EOP) (Q: Jan. 2024 )
=£2.14*782.057
=£1,673.60

* 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.


Mercantile Investment Trust (The)  (LSE:MRC) 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.


Mercantile Investment Trust (The) Market Cap Related Terms

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Mercantile Investment Trust (The) (LSE:MRC) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.