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Mercantile Investment Trust (The) (LSE:MRC) 3-Year RORE % : 183.85% (As of Jan. 2024)


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What is Mercantile Investment Trust (The) 3-Year RORE %?

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. Mercantile Investment Trust (The)'s 3-Year RORE % for the quarter that ended in Jan. 2024 was 183.85%.

The industry rank for Mercantile Investment Trust (The)'s 3-Year RORE % or its related term are showing as below:

LSE:MRC's 3-Year RORE % is ranked better than
89.65% of 1536 companies
in the Asset Management industry
Industry Median: -0.945 vs LSE:MRC: 183.85

Mercantile Investment Trust (The) 3-Year RORE % Historical Data

The historical data trend for Mercantile Investment Trust (The)'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.

* Premium members only.

Mercantile Investment Trust (The) 3-Year RORE % Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.14 78.12 -48.94 42.07 183.85

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
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 -48.94 1,046.34 42.07 -539.49 183.85

Competitive Comparison of Mercantile Investment Trust (The)'s 3-Year RORE %

For the Asset Management subindustry, Mercantile Investment Trust (The)'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.


Mercantile Investment Trust (The)'s 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s 3-Year RORE % falls into.



Mercantile Investment Trust (The) 3-Year RORE % Calculation

Mercantile Investment Trust (The)'s 3-Year RORE % for the quarter that ended in Jan. 2024 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 )
=( 0.095-0.334 )/( 0.081-0.211 )
=-0.239/-0.13
=183.85 %

* 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. 2024 and 3-year before.


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


Mercantile Investment Trust (The) 3-Year RORE % 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.