Barings Participation Investors

MPVNYSEFinancial Services● Active

$16.49

$-0.11(-0.66%)

Market Cap$177650645

P/E Ratio—

52W High$21

52W Low$15.65

Avg Volume14K

Open$16.50

Beta0.42

Free Cash Flow Financials Revenue

Barings Participation Investors (MPV) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MPV · free cash flow · updated Jun 8, 2026

Core FCF metrics

MPV · FCF · TTM · margin & CAGR

Free cash flow was $10.7M for FY2025 (fiscal year ending 2025-12-31), down 17.3% year-over-year The FCF margin was 62.5%. Five-year CAGR stands at +4.6%.

FY2025 Free Cash Flow$10.7M▼ -17.3% YoY

Trailing 12M (TTM)$22.2Mtrailing 4 quarters sum

FCF Margin62.5%$10.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+4.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MPV · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$10.7M(0M)$10.7M▼ 17.3%62.5%

FY2024$12.9M(0M)$12.9M▼ 18.6%63.6%

FY2023$15.9M(0M)$15.9M▲ +2964.4%78.9%

FY2022−$553,808(0M)−$553,808▼ 136.6%-3.9%

FY2021$1.5M(0M)$1.5M▼ 82.2%5.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MPV · P/FCF · FCF yield · FCF per share

Barings Participation Investors (MPV) trades at a FCF yield of 5.24% and a price-to-free-cash-flow ratio of 8.0x. FCF per share stands at $2.07, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.07

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x21.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MPV · cash flow statement · operating / investing / financing

For FY2025, Barings Participation Investors generated $10.7M in operating cash flow and spent 0M in capital expenditures, yielding $10.7M in free cash flow.

Operating Activities

+$10.7M

Cash from core business operations

2025-12-31

Investing Activities

−$2.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($10.7M) − |CapEx| (0M) = FCF ($10.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

MPV vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Barings Participation InvestorsYOU

MPV

$10.7M-17.3%62.4%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Barings Participation Investors (MPV) reported free cash flow of $10.7M for FY2025 (fiscal year ending 2025-12-31), down 17.3% year-over-year. The FCF margin was 62.5%.

Based on available data, Barings Participation Investors has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $21.0M in FY2018. The 5-year CAGR stands at +4.6%.

Barings Participation Investors's FCF yield is 5.24% and price-to-FCF ratio is 8.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MPV free cash flow · 8 questions

Barings Participation Investors free cash flow was $10.7M for FY2025, down 17.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $22.2M.

MPV free cash flowMPV FCFMPV FCF 2025MPV free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Barings Participation Investors · Barings Participation Investors SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026