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Marks and Spencer Group plc MKS.L

GB · London Stock Exchange · XLON · stock · Consumer Cyclical · website

Marks and Spencer Group plc statistics & valuation

Market cap£8.1B
P / E31.2×
P / S0.5×
P / B2.6×
P / FCF14.7×
Dividend yield0.95%
Net margin1.5%
Return on equity8.5%
FCF margin3.2%
Net debt£2.4B
Enterprise value USD$14.2B
Earnings yield EBIT/EV9.5%
Return on capital14%
Graham number -99.5%£2.02

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£2.02); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.00% 3.30% 2.10% 1.50% 2023202420252026
Gross margin (%)
34.70% 33.20% 34.30% 32.10% 2023202420252026
Operating margin (%)
4.70% 6.10% 4.80% 5.80% 2023202420252026
Return on equity (%)
13.60% 15.90% 10.50% 8.50% 2023202420252026
Shares outstanding
2.07B 2.07B 2.07B 2.07B 2023202420252026
Net debt (£)
£2.56B £2.11B £2.08B £2.42B 2023202420252026
Share buybacks (£)
£100000 £83.1M £81.3M £21.1M 2023202420252026
Return on assets (%)
4.00% 5.00% 3.40% 2.60% 2023202420252026
Free cash flow margin (%)
5.20% 6.70% 5.80% 3.20% 2023202420252026
Debt / equity (×)
1.36× 1.16× 1.04× 1.12× 2023202420252026
EPS (£)
£0.18 £0.21 £0.14 £0.12 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Marks and Spencer Group plc trades at about 3176.4× earnings — above its 10-year norm (10-year range 918.2×–2778.6×, median 2683.7×).

918.2× 3176.4×

Shaded band = 10-year range (918.2×–2778.6×); dot = today's 3176.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin32.1%34.3%33.2%34.7%
Operating margin5.8%4.8%6.1%4.7%
Net margin1.5%2.1%3.3%3.0%
FCF margin3.2%5.8%6.7%5.2%
Return on assets2.6%3.4%5.0%4.0%
Return on equity8.5%10.5%15.9%13.6%
Debt / equity0.22×0.21×0.33×0.42×
Current ratio0.860.870.860.80

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.