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MPV vs MCI
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
MPV vs MCI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $188M | $357M |
| Revenue (TTM) | $20M | $43M |
| Net Income (TTM) | $33M | $32M |
| Gross Margin | 92.5% | 87.6% |
| Operating Margin | 90.9% | 86.7% |
| Forward P/E | 10.8x | 10.0x |
| Total Debt | $23M | $46M |
| Cash & Equiv. | $7M | $17M |
MPV vs MCI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Barings Participati… (MPV) | 100 | 141.2 | +41.2% |
| Barings Corporate I… (MCI) | 100 | 128.9 | +28.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MPV vs MCI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MPV is the clearest fit if your priority is long-term compounding.
- 102.4% 10Y total return vs MCI's 73.3%
- +10.3% vs MCI's -5.6%
MCI carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 0.17, yield 9.0%
- Rev growth 5.1%, EPS growth -3.8%
- Lower volatility, beta 0.17, Low D/E 13.3%, current ratio 1.99x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 5.1% NII/revenue growth vs MPV's 0.9% | |
| Value | Lower P/E (10.0x vs 10.8x) | |
| Quality / Margins | Efficiency ratio 0.0% vs MPV's 0.1% (lower = leaner) | |
| Stability / Safety | Beta 0.17 vs MPV's 0.40, lower leverage | |
| Dividends | 9.0% yield, 3-year raise streak, vs MPV's 8.3% | |
| Momentum (1Y) | +10.3% vs MCI's -5.6% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs MPV's 0.1% |
MPV vs MCI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MPV leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
MCI is the larger business by revenue, generating $43M annually — 2.1x MPV's $20M. Profitability is closely matched — net margins range from 84.9% (MPV) to 82.2% (MCI).
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $20M | $43M |
| EBITDAEarnings before interest/tax | $10M | $0 |
| Net IncomeAfter-tax profit | $33M | $32M |
| Free Cash FlowCash after capex | $22M | $13M |
| Gross MarginGross profit ÷ Revenue | +92.5% | +87.6% |
| Operating MarginEBIT ÷ Revenue | +90.9% | +86.7% |
| Net MarginNet income ÷ Revenue | +84.9% | +82.2% |
| FCF MarginFCF ÷ Revenue | +63.6% | +65.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -24.7% | -21.4% |
Valuation Metrics
MCI leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 10.0x trailing earnings, MCI trades at a 8% valuation discount to MPV's 10.8x P/E. On an enterprise value basis, MCI's 10.3x EV/EBITDA is more attractive than MPV's 11.1x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $188M | $357M |
| Enterprise ValueMkt cap + debt − cash | $204M | $386M |
| Trailing P/EPrice ÷ TTM EPS | 10.80x | 9.97x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 11.10x | 10.33x |
| Price / SalesMarket cap ÷ Revenue | 9.24x | 8.25x |
| Price / BookPrice ÷ Book value/share | 1.13x | 1.03x |
| Price / FCFMarket cap ÷ FCF | 14.53x | 12.70x |
Profitability & Efficiency
MPV leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
MPV delivers a 19.5% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $9 for MCI. MCI carries lower financial leverage with a 0.13x debt-to-equity ratio, signaling a more conservative balance sheet compared to MPV's 0.14x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +19.5% | +9.1% |
| ROA (TTM)Return on assets | +16.9% | +8.0% |
| ROICReturn on invested capital | +7.4% | +7.3% |
| ROCEReturn on capital employed | +9.8% | +9.6% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 3 |
| Debt / EquityFinancial leverage | 0.14x | 0.13x |
| Net DebtTotal debt minus cash | $16M | $29M |
| Cash & Equiv.Liquid assets | $7M | $17M |
| Total DebtShort + long-term debt | $23M | $46M |
| Interest CoverageEBIT ÷ Interest expense | 16.55x | 43.24x |
Total Returns (Dividends Reinvested)
MPV leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MPV five years ago would be worth $17,446 today (with dividends reinvested), compared to $15,987 for MCI. Over the past 12 months, MPV leads with a +10.3% total return vs MCI's -5.6%. The 3-year compound annual growth rate (CAGR) favors MPV at 23.0% vs MCI's 18.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +5.4% | -6.0% |
| 1-Year ReturnPast 12 months | +10.3% | -5.6% |
| 3-Year ReturnCumulative with dividends | +86.1% | +65.7% |
| 5-Year ReturnCumulative with dividends | +74.5% | +59.9% |
| 10-Year ReturnCumulative with dividends | +102.4% | +73.3% |
| CAGR (3Y)Annualised 3-year return | +23.0% | +18.3% |
Risk & Volatility
Evenly matched — MPV and MCI each lead in 1 of 2 comparable metrics.
Risk & Volatility
MCI is the less volatile stock with a 0.17 beta — it tends to amplify market swings less than MPV's 0.40 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MPV currently trades 83.3% from its 52-week high vs MCI's 75.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.40x | 0.17x |
| 52-Week HighHighest price in past year | $21.00 | $23.00 |
| 52-Week LowLowest price in past year | $15.65 | $17.24 |
| % of 52W HighCurrent price vs 52-week peak | +83.3% | +75.9% |
| RSI (14)Momentum oscillator 0–100 | 40.2 | 37.2 |
| Avg Volume (50D)Average daily shares traded | 14K | 43K |
Analyst Outlook
MCI leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
For income investors, MCI offers the higher dividend yield at 8.99% vs MPV's 8.25%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | — |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | — | — |
| Dividend YieldAnnual dividend ÷ price | +8.3% | +9.0% |
| Dividend StreakConsecutive years of raises | 3 | 3 |
| Dividend / ShareAnnual DPS | $1.44 | $1.57 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
MPV leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MCI leads in 2 (Valuation Metrics, Analyst Outlook). 1 tied.
MPV vs MCI: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is MPV or MCI a better buy right now?
For growth investors, Barings Corporate Investors (MCI) is the stronger pick with 5.
1% revenue growth year-over-year, versus 0. 9% for Barings Participation Investors (MPV). Barings Corporate Investors (MCI) offers the better valuation at 10. 0x trailing P/E, making it the more compelling value choice. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MPV or MCI?
On trailing P/E, Barings Corporate Investors (MCI) is the cheapest at 10.
0x versus Barings Participation Investors at 10. 8x.
03Which is the better long-term investment — MPV or MCI?
Over the past 5 years, Barings Participation Investors (MPV) delivered a total return of +74.
5%, compared to +59. 9% for Barings Corporate Investors (MCI). Over 10 years, the gap is even starker: MPV returned +102. 4% versus MCI's +73. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MPV or MCI?
By beta (market sensitivity over 5 years), Barings Corporate Investors (MCI) is the lower-risk stock at 0.
17β versus Barings Participation Investors's 0. 40β — meaning MPV is approximately 131% more volatile than MCI relative to the S&P 500. On balance sheet safety, Barings Corporate Investors (MCI) carries a lower debt/equity ratio of 13% versus 14% for Barings Participation Investors — giving it more financial flexibility in a downturn.
05Which is growing faster — MPV or MCI?
By revenue growth (latest reported year), Barings Corporate Investors (MCI) is pulling ahead at 5.
1% versus 0. 9% for Barings Participation Investors (MPV). On earnings-per-share growth, the picture is similar: Barings Corporate Investors grew EPS -3. 8% year-over-year, compared to -5. 3% for Barings Participation Investors. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MPV or MCI?
Barings Participation Investors (MPV) is the more profitable company, earning 84.
9% net margin versus 82. 2% for Barings Corporate Investors — meaning it keeps 84. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MPV leads at 90. 9% versus 86. 7% for MCI. At the gross margin level — before operating expenses — MPV leads at 92. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — MPV or MCI?
All stocks in this comparison pay dividends.
Barings Corporate Investors (MCI) offers the highest yield at 9. 0%, versus 8. 3% for Barings Participation Investors (MPV).
08Is MPV or MCI better for a retirement portfolio?
For long-horizon retirement investors, Barings Corporate Investors (MCI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
17), 9. 0% yield). Both have compounded well over 10 years (MCI: +73. 3%, MPV: +102. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between MPV and MCI?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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