Mercantile Insurance Co Ltd (MERC)

Currency in BDT
25.90
-0.50(-1.89%)
Closed·
MERC Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
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Fair Value
Day's Range
25.8026.70
52 wk Range
19.1035.40
Key Statistics
Prev. Close
24.3
Open
26.7
Day's Range
25.8-26.7
52 wk Range
19.1-35.4
Volume
4.4K
Average Volume (3m)
25.4K
1-Year Change
-19.57%
Book Value / Share
19.59
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
Has maintained dividend payments for 12 consecutive years

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Neutral

Mercantile Insurance Co Ltd Company Profile

Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh. It operates through four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire and allied perils, industrial all risks, power plant, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, and aviation insurance. It also provides miscellaneous insurance, such as burglary, all risk, cash-in-safe, cash-in-transit, cash-in-premises, cash-on-counter, cash-in-atm, public liability, personal accident, workmen's compensation, air travel, employer’s liability, fidelity guarantee, product liability, third-party liability, operational package, poultry, and business interruption insurances, as well as people's personal accident policy and deterioration of stock. The company was formerly known as Mercantile Insurance Company Limited and changed its name to Mercantile Islami Insurance PLC in May 2023. Mercantile Islami Insurance PLC was founded 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
13.5x17.9x9.5x
PEG Ratio
0.160.060.03
Price/Book
1.3x1.3x1.0x
Price / LTM Sales
2.2x2.4x2.8x
Upside (Analyst Target)
-0.0%13.1%
Fair Value Upside
Unlock9.9%1.9%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.91%
Dividend Yield
3.86%
Industry Median 3.57%
Annualised payout
1.00
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
May 13, 2025
EPS / Forecast
0.42 / --
Revenue / Forecast
123.53M / --
EPS Revisions
Last 90 days

MERC Income Statement

FAQ

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."

What Is the Mercantile Insurance Market Cap?

As of today, Mercantile Insurance market cap is 1.12B.

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

The Mercantile Insurance EPS (TTM) is 1.91.

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 Neutral.

How Many Times Has Mercantile Insurance Stock Split?

Mercantile Insurance has split 5 times.

How Many Employees Does Mercantile Insurance Have?

Mercantile Insurance has 324 employees.

What is the current trading status of Mercantile Insurance (MERC)?

As of 09 Aug 2025, Mercantile Insurance (MERC) is trading at a price of 25.90, with a previous close of 24.30. The stock has fluctuated within a day range of 25.80 to 26.70, while its 52-week range spans from 19.10 to 35.40.
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