Mercia Asset Management - Edison Group

Overview
Price performance
Financials
Research
Thematics

Edison Investment Research is terminating coverage on Mercia Asset Management. Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

Previously published reports can still be accessed via our website.

Latest Insights

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TMT |
Outlook

29.07.22

Mercia Asset Management — A safe haven for investors awaiting the upturn

TMT |
Update

15.07.22

Mercia Asset Management — Excellent results despite the tough market

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Flash note

06.01.22

Mercia Asset Management — Another good exit: 4.2x ROI, 72% IRR

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Update

14.12.21

Mercia Asset Management — Sustainable model remains undervalued

Sector

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Balance Sheet

Forecast net debt (£m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	(20.7)	(18.1)	(44.5)
Relative	(15.3)	(13.5)	(41.4)
52 week high/low	43.2p/24.0p

Financials

Mercia Asset Management is a regionally focused specialist asset manager. Its stated intent is to become the leading regional provider of supportive balance sheet, venture, private equity and debt capital in transaction sizes typically below £10m.

Y/E Mar	Revenue (£m)	EBITDA (£m)	PBT (£m)	EPS (fd) (p)	P/E (x)	P/CF (x)
2021A	23.4	7.1	36.9	8.38	2.8	2.8
2022A	23.2	5.6	30.5	6.12	3.9	4.0
2023E	N/A	N/A	N/A	N/A	N/A	N/A
2024E	N/A	N/A	N/A	N/A	N/A	N/A

Research

Outlook

TMT

02.03.21

Mercia Asset Management — The UK’s top regional investor

Update

TMT

03.12.20

Mercia Asset Management — The hybrid model – halfway home

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edison tv

Mercia Asset Management – executive interview

edison tv

TMT

17.11.20

Mercia life sciences portfolio: Hearing from the companies

Update

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14.10.20

Mercia Asset Management — Life sciences helping the COVID-19 fight

edison tv

TMT

12.10.20

Mercia Asset Management – executive interview

Update

TMT

20.07.20

Mercia Asset Management — Scaling, sustainable and evergreen by FY22

Flash note

TMT

10.07.20

Mercia Asset Management — Successful exit of The Native Antigen Company

edison tv

TMT

20.04.20

Mercia Asset Management – Executive interview

Flash note

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27.03.20

Mercia Asset Management — Embedded value despite COVID-19 impact

Update

TMT

05.12.19

Mercia Asset Management — Huge stride towards an evergreen model

edison tv

TMT

09.07.19

Executive interview – Mercia Asset Management

Update

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08.07.19

Mercia Asset Management — Scaling regional powerhouse

Update

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04.12.18

Mercia Technologies — Good progress across the portfolio

Initiation

TMT

18.10.18

Mercia Technologies — Realising value

thematic

Consumer

21.11.23

Deutsches Eigenkapitalforum (EKF) 2023 consumer and media

thematic

TMT

21.11.23

Deutsches Eigenkapitalforum (EKF) 2023 technology

thematic

TMT

07.11.23

MediaWatch – Still waiting…

thematic

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28.07.23

MediaWatch – Targeting the opportunities

thematic

TMT

25.04.23

MediaWatch – Vision On

Digital Marketing and Internet Media Technology Platform

thematic

TMT

31.01.23

MediaWatch – Screening well

thematic

Consumer

05.10.22

IPO apocalypse

thematic

TMT

10.08.22

ESG, moving beyond the box tick

thematic

TMT

11.05.22

Direct tech investors

thematic

TMT

21.04.22

Seven things every investor needs to know about SenSen

thematic

Consumer

24.03.22

Circular economy business models

thematic

TMT

29.09.21

Quantum dots – all the colours of the rainbow

thematic

TMT

09.09.21

Micro-LEDs – small is beautiful

thematic

TMT

14.07.21

Five things every investor needs to know about Mynaric

thematic

TMT

16.08.20

Semiconductor winners – European companies with strong positions

thematic

TMT

24.06.20

The small satellite market – Small is beautiful

thematic

TMT

08.04.20

European video games: A safe haven in troubled times

thematic

TMT

27.02.20

Blockchain adoption: Implications for the financial services sector

thematic

Consumer

14.08.19

Illuminator: August Update

thematic

TMT

05.08.19

European video games

thematic

TMT

10.07.19

Diversification and scale for online success

thematic

TMT

08.05.19

5G – Strategic importance, but lacking a near-term commercial driver

thematic

TMT

26.02.19

UK video games – Heterogeneous not homogeneous

thematic

TMT

24.02.17

Mobile ecosystems

thematic

TMT

08.02.17

Mobile ecosystems

thematic

TMT

13.10.15

Mobile ecosystems

thematic

TMT

23.03.15

NZ – Edison talks tech

thematic

TMT

23.03.15

AUS – Edison talks tech

thematic

TMT

18.03.15

Mobile ecosystems

thematic

Consumer

11.11.14

Deutsche Börse Eigenkapitalforum 2014 Research Guide

thematic

TMT

15.10.14

Mobile ecosystems

thematic

Energy & Resources

04.03.14

ASX Spotlight Conference – London, 6 March 2014

thematic

Energy & Resources

01.03.13

ASX Small to Mid Caps Conference – London, 7 March 2013

thematic

TMT

24.09.10

The third pillar

thematic

TMT

10.09.10

The real disruptor

thematic

TMT

27.08.10

Merger mania is back