Mercia Technologies PLC
Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, venture debt, loan, mezzanine, seed EIS, early stage, emerging growth, mid venture, late venture, later stage, buyout, and growth capital investments. It invests in technology focusing on sectors such as retailing, energy, healthcare, industrials, materials, real estate, telecommunication services… Read more
Mercia Technologies PLC (MERC) - Net Assets
Latest net assets as of March 2025: GBX187.91 Million GBX
Based on the latest financial reports, Mercia Technologies PLC (MERC) has net assets worth GBX187.91 Million GBX as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX203.49 Million) and total liabilities (GBX15.58 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX187.91 Million |
| % of Total Assets | 92.34% |
| Annual Growth Rate | 78.41% |
| 5-Year Change | 6.75% |
| 10-Year Change | 134.76% |
| Growth Volatility | 19844.36 |
Mercia Technologies PLC - Net Assets Trend (2012–2025)
This chart illustrates how Mercia Technologies PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mercia Technologies PLC (2012–2025)
The table below shows the annual net assets of Mercia Technologies PLC from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX187.91 Million | -0.70% |
| 2024-03-31 | GBX189.24 Million | -6.74% |
| 2023-03-31 | GBX202.92 Million | +1.16% |
| 2022-03-31 | GBX200.59 Million | +13.96% |
| 2021-03-31 | GBX176.02 Million | +24.43% |
| 2020-03-31 | GBX141.46 Million | +12.21% |
| 2019-03-31 | GBX126.06 Million | +2.10% |
| 2018-03-31 | GBX123.47 Million | +1.74% |
| 2017-03-31 | GBX121.35 Million | +51.61% |
| 2016-03-31 | GBX80.04 Million | -0.99% |
| 2015-03-31 | GBX80.84 Million | +74481.60% |
| 2014-03-31 | GBX108.39K | +54.19% |
| 2013-03-31 | GBX70.30K | -30.63% |
| 2012-03-31 | GBX101.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mercia Technologies PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4722304600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX47.21 Million | 25.12% |
| Common Stock | GBX4.00K | 0.00% |
| Other Comprehensive Income | GBX6.46 Million | 3.44% |
| Other Components | GBX134.23 Million | 71.44% |
| Total Equity | GBX187.91 Million | 100.00% |
Mercia Technologies PLC Competitors by Market Cap
The table below lists competitors of Mercia Technologies PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ceylon Graphite Corp
PINK:CYLYF
|
$15.43K |
|
Cresud Wnt
BA:CRE3W
|
$15.44K |
|
OPERA SOFTWARE
MU:OS3
|
$15.45K |
|
CPTL & COUNT PROP
BE:C20
|
$15.45K |
|
Zencash Investment Trust
OTCQX:HZEN
|
$15.43K |
|
Cabka N.V.
AS:CABKA
|
$15.43K |
|
ENTEQ TECHNOLOGIES LS-01
F:5EQ
|
$15.40K |
|
Mediterra S.A.
AT:MASTIHA
|
$15.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mercia Technologies PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 189,241,000 to 187,907,000, a change of -1,334,000 (-0.7%).
- Net income of 3,455,000 contributed positively to equity growth.
- Dividend payments of 3,968,000 reduced retained earnings.
- Share repurchases of 1,836,000 reduced equity.
- New share issuances of 73,000 increased equity.
- Other comprehensive income decreased equity by 58,436,000.
- Other factors increased equity by 59,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX3.46 Million | +1.84% |
| Dividends Paid | GBX3.97 Million | -2.11% |
| Share Repurchases | GBX1.84 Million | -0.98% |
| Share Issuances | GBX73.00K | +0.04% |
| Other Comprehensive Income | GBX-58.44 Million | -31.1% |
| Other Changes | GBX59.38 Million | +31.6% |
| Total Change | GBX- | -0.70% |
Book Value vs Market Value Analysis
This analysis compares Mercia Technologies PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 64.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 58604.01x to 64.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | GBX0.00 | GBX28.00 | x |
| 2013-03-31 | GBX0.00 | GBX28.00 | x |
| 2014-03-31 | GBX0.00 | GBX28.00 | x |
| 2015-03-31 | GBX0.38 | GBX28.00 | x |
| 2016-03-31 | GBX0.38 | GBX28.00 | x |
| 2017-03-31 | GBX0.54 | GBX28.00 | x |
| 2018-03-31 | GBX0.41 | GBX28.00 | x |
| 2019-03-31 | GBX0.41 | GBX28.00 | x |
| 2020-03-31 | GBX0.41 | GBX28.00 | x |
| 2021-03-31 | GBX0.40 | GBX28.00 | x |
| 2022-03-31 | GBX0.45 | GBX28.00 | x |
| 2023-03-31 | GBX0.45 | GBX28.00 | x |
| 2024-03-31 | GBX0.43 | GBX28.00 | x |
| 2025-03-31 | GBX0.43 | GBX28.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mercia Technologies PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.82%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.08x
- Recent ROE (1.84%) is below the historical average (6.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.12% | 1.01% | 3.03x | 1.34x | GBX-5.96K |
| 2013 | 27.01% | 3.78% | 3.44x | 2.07x | GBX11.94K |
| 2014 | 38.86% | 5.82% | 2.89x | 2.31x | GBX31.25K |
| 2015 | 2.43% | 387.40% | 0.01x | 1.01x | GBX-6.12 Million |
| 2016 | -2.12% | -96.70% | 0.02x | 1.02x | GBX-9.70 Million |
| 2017 | 0.86% | 15.66% | 0.05x | 1.06x | GBX-11.09 Million |
| 2018 | 1.35% | 16.31% | 0.08x | 1.06x | GBX-10.68 Million |
| 2019 | 2.08% | 24.54% | 0.08x | 1.03x | GBX-9.99 Million |
| 2020 | -12.34% | -136.93% | 0.08x | 1.11x | GBX-31.60 Million |
| 2021 | 19.58% | 78.92% | 0.23x | 1.09x | GBX16.86 Million |
| 2022 | 13.01% | 78.94% | 0.15x | 1.07x | GBX6.04 Million |
| 2023 | 1.40% | 11.33% | 0.11x | 1.08x | GBX-17.46 Million |
| 2024 | -4.01% | -24.92% | 0.15x | 1.08x | GBX-26.51 Million |
| 2025 | 1.84% | 9.82% | 0.17x | 1.08x | GBX-15.34 Million |
Industry Comparison
This section compares Mercia Technologies PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mercia Technologies PLC (MERC) | GBX187.91 Million | 4.12% | 0.08x | $15.43K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |