Mercantile Insurance Co Ltd (MERC)

DSE
Currency in BDT
24.50
-0.30(-1.21%)
Closed·
MERC Scorecard
Full Analysis
Trading at a high earnings multiple
Unusual trading volume
Fair Value
Day's Range
24.0024.90
52 wk Range
19.1035.40
Key Statistics
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Prev. Close
24.3
Open
24.5
Day's Range
24-24.9
52 wk Range
19.1-35.4
Volume
76.89K
Average Volume (3m)
14.92K
1-Year Change
-25.3%
Book Value / Share
19.48
Fair Value
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Fair Value Upside
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Company’s Health
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Analysts Sentiment
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Members' Sentiments
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ProTips
Has maintained dividend payments for 12 consecutive years
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Mercantile Insurance Company Profile

Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh. The company operates through four segments: Fire, Marine, Motor, and Miscellaneous. It offers fire and allied perils, industrial all risks, power plant, property damage all risks, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, motor liability, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, electronic equipment, and aviation, as well as health insurance, including overseas mediclaim insurance. It also provides miscellaneous insurance, such as burglary and house breaking, money, cash-in-safe, cash-in-transit, cash-in-premises, cash-on-counter, cash-in-atm, workmen's compensation, personal accident, general/public liability, ATM Booth, all risks, people's personal accident, bank locker, air travel insurance, employer’s liability, fidelity guarantee, product liability, third-party liability, operational package, poultry, and business interruption insurances. The company was formerly known as Mercantile Insurance Company Limited and changed its name to Mercantile Islami Insurance PLC in May 2023. The company was incorporated in 1996 and is headquartered in Dhaka, Bangladesh.

Industry
Insurance
Sector
Financial
Employees
324

Compare MERC to Peers and Sector

Metrics to compare
MERC
Peers
Sector
Relationship
P/E Ratio
30.9x16.9x8.8x
PEG Ratio
−0.57−0.470.03
Price/Book
1.3x1.1x1.0x
Price / LTM Sales
2.7x2.2x2.7x
Upside (Analyst Target)
-0.0%12.0%
Fair Value Upside
Unlock22.5%2.6%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.80%
Dividend Yield
4.07%
Industry Median 2.69%
Annualised payout
1.00
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 04, 2024
EPS / Forecast
0.15 / --
Revenue / Forecast
72.19M / --
EPS Revisions
Last 90 days

FAQ

What Is the Mercantile Insurance (MERC) Stock Price Today?

The Mercantile Insurance stock price today is 24.50.

What Stock Exchange Does Mercantile Insurance Trade On?

Mercantile Insurance is listed and trades on the Dhaka Stock Exchange stock exchange.

What Is the Stock Symbol for Mercantile Insurance?

The stock symbol for Mercantile Insurance is "MERC."

Does Mercantile Insurance Pay Dividends? What’s The Current Dividend Yield?

The Mercantile Insurance dividend yield is 4.07%.

What Is the Mercantile Insurance Market Cap?

As of today, Mercantile Insurance market cap is 1.06B.

What Is Mercantile Insurance's Earnings Per Share (TTM)?

The Mercantile Insurance EPS (TTM) is 0.80.

From a Technical Analysis Perspective, Is MERC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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