MARKS & SPENCER GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 261.5 GBX | +0.31% |
|
+6.39% | -4.00% |
| Apr. 23 | FTSE 100 pushes to new high; AB Foods surges | AN |
| Apr. 23 | AB Foods profit soars boosting interim dividend | AN |
Valuation
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,584 | 1,948 | 2,979 | 3,093 | 3,281 | 5,335 | - | - |
| Enterprise Value (EV) 1 | 6,129 | 5,974 | 6,495 | 5,792 | 5,918 | 7,790 | 7,453 | 7,145 |
| P/E ratio | 135 x | 83.3 x | -15.1 x | 10.5 x | 9.33 x | 11.9 x | 10.4 x | 9.67 x |
| Yield | 6.62% | 10.7% | - | - | - | 1.15% | 2.43% | 2.91% |
| Capitalization / Revenue | 0.44 x | 0.19 x | 0.33 x | 0.28 x | 0.27 x | 0.41 x | 0.4 x | 0.39 x |
| EV / Revenue | 0.59 x | 0.59 x | 0.72 x | 0.53 x | 0.5 x | 0.6 x | 0.56 x | 0.52 x |
| EV / EBITDA | 5.35 x | 4.88 x | 7.99 x | 4.75 x | 5.15 x | 5.73 x | 5.29 x | 4.94 x |
| EV / FCF | 9.85 x | 9.27 x | 9.78 x | 8.28 x | 93.1 x | 28.2 x | 20.3 x | 17.1 x |
| FCF Yield | 10.2% | 10.8% | 10.2% | 12.1% | 1.07% | 3.55% | 4.93% | 5.86% |
| Price to Book | 1.71 x | 0.51 x | 1.45 x | 1.06 x | 1.17 x | 1.62 x | 1.48 x | 1.34 x |
| Nbr of stocks (in thousands) | 1,622,752 | 1,948,347 | 1,954,955 | 1,958,378 | 1,964,608 | 2,040,190 | - | - |
| Reference price 2 | 2.825 | 1.000 | 1.524 | 1.580 | 1.670 | 2.615 | 2.615 | 2.615 |
| Announcement Date | 5/22/19 | 5/20/20 | 5/26/21 | 5/25/22 | 5/24/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,377 | 10,182 | 8,973 | 10,885 | 11,931 | 12,995 | 13,429 | 13,831 |
| EBITDA 1 | 1,146 | 1,223 | 812.8 | 1,220 | 1,150 | 1,360 | 1,408 | 1,447 |
| EBIT 1 | 601 | 590.7 | 209.7 | 709 | 626.6 | 816.7 | 855.7 | 893.6 |
| Operating Margin | 5.79% | 5.8% | 2.34% | 6.51% | 5.25% | 6.28% | 6.37% | 6.46% |
| Earnings before Tax (EBT) 1 | 84.6 | 67.2 | -201.2 | 391.7 | 475.7 | 652.9 | 704.8 | 747.6 |
| Net income 1 | 33.5 | 23.7 | -198 | 306.6 | 363.4 | 444.5 | 504.7 | 542.5 |
| Net margin | 0.32% | 0.23% | -2.21% | 2.82% | 3.05% | 3.42% | 3.76% | 3.92% |
| EPS 2 | 0.0210 | 0.0120 | -0.1010 | 0.1510 | 0.1790 | 0.2193 | 0.2516 | 0.2704 |
| Free Cash Flow 1 | 622.4 | 644.5 | 664.2 | 699.2 | 63.6 | 276.3 | 367.8 | 418.9 |
| FCF margin | 6% | 6.33% | 7.4% | 6.42% | 0.53% | 2.13% | 2.74% | 3.03% |
| FCF Conversion (EBITDA) | 54.32% | 52.69% | 81.72% | 57.33% | 5.53% | 20.32% | 26.12% | 28.96% |
| FCF Conversion (Net income) | 1,857.91% | 2,719.41% | - | 228.05% | 17.5% | 62.17% | 72.86% | 77.23% |
| Dividend per Share 2 | 0.1870 | 0.1070 | - | - | - | 0.0301 | 0.0635 | 0.0761 |
| Announcement Date | 5/22/19 | 5/20/20 | 5/26/21 | 5/25/22 | 5/24/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,861 | 5,321 | 4,091 | 4,882 | 5,105 | 2,890 | 2,890 | 5,780 | 2,769 | 5,564 | 6,368 | 6,164 | 6,770 |
| EBITDA | 585.8 | - | - | 594.9 | - | - | - | - | - | 531.3 | 618.5 | - | - |
| EBIT | 271.6 | 319.1 | - | 147.9 | 363.2 | - | - | 345.8 | - | 280.7 | 345.9 | 410.4 | - |
| Operating Margin | 5.59% | 6% | - | 3.03% | 7.11% | - | - | 5.98% | - | 5.05% | 5.43% | 6.66% | - |
| Earnings before Tax (EBT) | 153.5 | -86.3 | - | - | - | - | - | 204.4 | - | - | - | - | - |
| Net income | - | - | - | - | 159.9 | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | 3.13% | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | 0.0820 | - | - | 0.0690 | - | - | - | - | - |
| Dividend per Share | 0.0390 | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/6/19 | 5/20/20 | 11/4/20 | 5/26/21 | 11/10/21 | 2/25/22 | 5/25/22 | 5/25/22 | 11/9/22 | 11/9/22 | 5/24/23 | 11/8/23 | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,545 | 4,025 | 3,516 | 2,699 | 2,637 | 2,455 | 2,118 | 1,810 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.348 x | 3.291 x | 4.326 x | 2.213 x | 2.294 x | 1.805 x | 1.505 x | 1.251 x |
| Free Cash Flow 1 | 622 | 645 | 664 | 699 | 63.6 | 276 | 368 | 419 |
| ROE (net income / shareholders' equity) | 14.7% | 10.2% | 0.94% | 16.4% | 12.4% | 15.1% | 14.7% | 14.3% |
| ROA (Net income/ Total Assets) | 5.61% | 3.32% | 0.3% | 4.7% | 3.84% | 5.61% | 5.93% | 5.97% |
| Assets 1 | 597.6 | 713.8 | -66,095 | 6,519 | 9,463 | 7,922 | 8,517 | 9,082 |
| Book Value Per Share 2 | 1.650 | 1.950 | 1.050 | 1.490 | 1.430 | 1.610 | 1.770 | 1.950 |
| Cash Flow per Share 2 | 0.5700 | 0.5100 | 0.4400 | 0.6800 | 0.5100 | 0.3700 | 0.4200 | 0.4400 |
| Capex 1 | 313 | 329 | 207 | 257 | 410 | 419 | 433 | 440 |
| Capex / Sales | 3.02% | 3.23% | 2.3% | 2.36% | 3.44% | 3.23% | 3.22% | 3.18% |
| Announcement Date | 5/22/19 | 5/20/20 | 5/26/21 | 5/25/22 | 5/24/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
2.615
GBP
Average target price
3.041
GBP
Spread / Average Target
+16.28%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -4.00% | 6.65B | |
| +14.48% | 485B | |
| +21.40% | 40.05B | |
| +5.39% | 38.37B | |
| +7.63% | 28.47B | |
| -15.08% | 25.16B | |
| -0.55% | 25.08B | |
| +4.35% | 17.88B | |
| +11.96% | 17.99B | |
| +1.34% | 13.77B |
- Stock Market
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- Financials Marks & Spencer Group plc
