19 October 2026

strategyland.uk

Merchants Trust PLC (MRCH)

Rank #171 of 280 - Financials - UK Equities

Home/Stocks/Financials

Merchants Trust PLC

MRCH.L·Financials·Market Cap £968m

Rank #171 of 280

Quantitative Model · 280 Stocks Analysed

£6.56

+10.07% YTD

52W: £5.36 - £6.91

Factor Analysis Summary

Editorial assessment generated from Merchants Trust PLC's live factor scores and sector positioning.

Based on Strategyland's proprietary 7-factor analysis, Merchants Trust PLC (MRCH.L) currently holds an overall rank of #171 out of 280 FTSE 100 constituents, reflecting its weighted composite score across liquidity, valuation, profitability, solvency, asset efficiency, market trading, and technical dimensions.

Key strengths include profitability (ROE 17.9%, net margin 94.9%), where it demonstrates strong profitability metrics, ranking in the top quartile for earnings quality and return on capital; technical (RSI 38.6), where it demonstrates positive technical momentum with price action supporting a constructive trend; and market trading, where it demonstrates strong market trading characteristics with favourable volume trends and institutional participation.

Areas requiring attention include asset efficiency, where asset efficiency is average and does not contribute meaningfully to the composite score.

Within the Financials sector, Merchants Trust PLC sits at composite rank #171, trailing the Financials peer average (rank 8). It ranks behind all 6 tracked Financials peers in our model.

Despite its mid-table composite rank of #171, Merchants Trust PLC shows selective strength — notably in profitability and technical — suggesting a stock with identifiable merits alongside clear areas for improvement.

Strongest Factors

Profitability — Rank 10/280 (top quartile)
Technical — Rank 19/280 (top quartile)
Market Trading — Rank 21/280 (top quartile)

Weakest Factors

Asset Efficiency — Rank 142/280 (middle of the pack)
Liquidity — Rank 111/280 (above average)

Score Analysis

Merchants Trust PLC is ranked #171 out of 280 UK stocks. Lower factor scores indicate better performance in that category.

Factor Breakdown

57/280

Average Score

Liquidity

Good111/280

Valuation

Excellent31/280

Profitability

Excellent10/280

Solvency

Excellent62/280

Asset Efficiency

Fair142/280

Mkt Trading

Excellent21/280

Technical

Excellent19/280

1. Liquidity

Score: 111/280

How liquid is MRCH and can it meet its short-term obligations?

0/6

liquidity criteria met

Metric

Sector Range

Value

Rank

–

Quick Ratio

N/A

Range: N/A

–

Current Ratio

N/A

10.60xRank 16/280

Range: N/ARank 16/280

–

TTM Operating Cash Flow

N/A

Range: N/A

–

Liquidity Coverage Ratio

100-150

N/A

Range: 100-150

–

Intangible Asset Ratio

10 - 30

N/ARank 193/280

Range: 10 - 30Rank 193/280

–

Cash-to-Debt Ratio

N/A

0.22xRank 141/280

Range: N/ARank 141/280

Key Liquidity Metrics

Quick Ratio

N/A

Sector: N/A

Current Ratio

10.60x

Sector: N/A

Overall Liquidity Rank

Rank within universe#111/280

Best (1)Worst (280)

2. Valuation

Score: 31/280

Is MRCH undervalued compared to its peers and fair value metrics?

2/7

valuation criteria met

Metric

Sector Range

Value

Rank

–

FY27e P/E

8x - 18x

N/A

Range: 8x - 18x

–

FY26e P/E

8x - 18x

N/A

Range: 8x - 18x

–

FY27e Net Div Yld (%)

3.0 - 8.0

N/A

Range: 3.0 - 8.0

✗

Div Payout Ratio

30 - 55

21.54%Rank 50/280

Range: 30 - 55Rank 50/280

–

Current EV/EBITDA

N/A

6.1xRank 75/280

Range: N/ARank 75/280

✓

Current P/TBV

0.8x - 2.0x

0.97xRank 75/280

Range: 0.8x - 2.0xRank 75/280

✓

Current P/B

0.8x - 2.0x

0.97xRank 87/280

Range: 0.8x - 2.0xRank 87/280

Key Valuation Metrics

TTM P/E

Price-to-Earnings

4.7x

FY26e P/E

Forward estimate

N/A

FY27e P/E

Forward estimate

N/A

Current P/B

Price-to-Book

0.97x

Current P/TBV

Tangible Book Value

0.97x

Current EV/EBITDA

Enterprise Value

6.1x

FY26e EV/EBITDA

Forward estimate

N/A

FY27e EV/EBITDA

Forward estimate

N/A

Dividend

MRCH pays a dividend yield of 4.46%.

Current Yield

4.46%

FY27e Net Div Yield

N/A

FY26e Gross DPS

N/A

FY27e Gross DPS

N/A

3. Profitability

Score: 10/280

How profitable is MRCH relative to its peers?

0/7

profitability criteria met

Metric

Sector Range

Value

Rank

✗

TTM Profit Margin

15 - 30

94.9%Rank 30/280

Range: 15 - 30Rank 30/280

–

T12 FCF Margin

N/A

Range: N/A

–

FY27e RoE

10 - 16

N/A

Range: 10 - 16

–

FY26 EPS Growth

8 - 15

N/A

Range: 8 - 15

–

FY27e EPS Growth

6 - 12

N/A

Range: 6 - 12

–

NIM

1.5 - 3.2

N/A

Range: 1.5 - 3.2

–

Expense Ratio

50 - 65

N/A

Range: 50 - 65

TTM Profit Margin

94.9%

Current RoCE

17.9%

FY27e RoE

N/A

T12 FCF Margin

N/A

4. Solvency

Score: 62/280

How strong is MRCH's balance sheet and financial position?

0/6

solvency criteria met

Metric

Sector Range

Value

Rank

✗

Debt/Eqt

0.5x - 1.5x

0.12xRank 73/280

Range: 0.5x - 1.5xRank 73/280

–

Interest Coverage Ratio

N/A

Rank 68Rank 68/280

Range: N/ARank 68/280

–

Net Leverage Ratio

N/A

Range: N/A

–

Altman Z-Score (Manufacturing)

N/A

11.51Rank 64/280

Range: N/ARank 64/280

–

Z-Score (Non Manufacturing)

N/A

Rank 63Rank 63/280

Range: N/ARank 63/280

–

CapAdeq Ratio Tier1

13 - 18

N/A

Range: 13 - 18

Key Solvency Metrics

Debt/Eqt

0.12x

Net Leverage Ratio

N/A

Interest Coverage

Rank 68

T12 FCF Margin

N/A

Altman Z-Score

11.51

Safe Zone

01.812.995+

5. Asset Efficiency

Score: 142/280

How efficiently does MRCH deploy its assets and intellectual capital?

0/5

asset efficiency criteria met

Metric

Sector Range

Value

Rank

–

Efficiency Ratio

50 - 70

N/A

Range: 50 - 70

–

TTM Asset Turnover Ratio

N/A

0.20xRank 185/280

Range: N/ARank 185/280

–

TTM CAPEX/Sales

1 - 3

N/A

Range: 1 - 3

–

Working Capital Turnover

N/A

Range: N/A

–

R&D/Sales FY27e

N/A

Range: N/A

Overall Asset Efficiency Rank

Rank within sector peers#142/280

Best (1)Worst (280)

6. Market Trading

Score: 21/280

How liquid and actively traded is MRCH?

1/2

market trading criteria met

Metric

Sector Range

Value

Rank

–

Intraday Sentiment (%)

40 - 75

N/A

Range: 40 - 75

–

10D-Avg v/s 3M-Avg Vol

N/A

97%Rank 50/280

Range: N/ARank 50/280

✓

Avg Directional Index 30D

012 - 45

25.6Rank 74/280

Range: 012 - 45Rank 74/280

–

Parabolic SAR

N/A

643.00Rank 131/280

Range: N/ARank 131/280

–

Stock Rating Rank

N/A

Range: N/A

Market Cap

£967,959,344

Enterprise Value

£1,085,767,627

Trading Volume

7. Technical

Score: 19/280

What do the technical indicators say about MRCH?

0/5

technical criteria met

Metric

Chart

Sector Range

Value

Rank

–

CMP v/s 52-WH

£6.91£5.36

-5.1%CMP: £6.56

N/A

-5.1%Rank 67/280

£6.91£5.36

-5.1%CMP: £6.56

Range: N/ARank 67/280

–

CMP v/s 52-WL

£6.91£5.36

+22.3%CMP: £6.56

N/A

22.3%Rank 129/280

£6.91£5.36

+22.3%CMP: £6.56

Range: N/ARank 129/280

–

RSI 14D

038.6 - Bearish100

N/A

38.6Rank 50/280

038.6 - Bearish100

Range: N/ARank 50/280

–

MA50 - MA200

£6.36+0.34£6.71

N/A

BullishRank 94/280

£6.36+0.34£6.71

Range: N/ARank 94/280

–

MACD Rank

Golden Cross

MACD: -0.98

N/A

-0.98

Golden Cross

MACD: -0.98

Range: N/A

RSI (14 Day)

38.6

Bearish

0 (Oversold)50100 (Overbought)

Moving Averages

50 SMA£6.71

200 SMA£6.36

SignalGolden Cross (Bullish)

MACD-0.98

Risk Metrics

Beta

N/A

3-Yr Std Dev

N/A

5-Yr Std Dev

N/A

Peer Comparison

How does MRCH compare to other Financials stocks?

Overall Rank Comparison

Factor Score Comparison

Stock	Rank	Liquidity	Valuation	Profitability	Solvency	Mkt Trading	Technical
MRCH	#171	111	31	10	62	21	19
MUT.L	#3	128	38	24	56	27	8
RTW.L	#5	116	7	9	145	69	229
BPCR.L	#7	163	34	56	9	112	76
RCP.L	#9	179	26	22	59	13	2
AGT.L	#11	108	57	55	72	90	79
TBCG.L	#14	29	55	38	257	129	18

Similar Stocks

Other top-ranked stocks in the Financials sector

View all

MUT.L

Murray Income Trust PLC

Rank #3Score: 47

RTW.L

RTW Biotech Opportunities Ltd

RIT Capital Partners PLC

Catch Healthcare Events Before the Market Moves

SEC filings, FDA approvals, clinical trials, and regulatory events - scored for significance across 4 global markets.

Methodology Note

The analysis presented for Merchants Trust PLC is produced using Strategyland's proprietary 7-factor quantitative model, which evaluates each stock across Liquidity, Valuation, Profitability, Solvency, Asset Efficiency, Market Trading, and Technical dimensions. Individual factor scores and the composite rank reflect relative rankings within the FTSE 100 universe — a lower rank number indicates stronger performance in that category.

Underlying financial and market data is sourced from LSEG (London Stock Exchange Group) and processed through our scoring engine. Scores are recalculated as new data becomes available and should be interpreted as a systematic screening output, not a forecast of future share price performance.

This content is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Past performance and factor rankings are not indicative of future results. Please read our Risk Disclaimer before making any investment decisions.

Strategyland Research Center - strategyland.ukThis report is for informational purposes only. Not financial advice.