MARSTON'S PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.25 GBX | 0.00% |
|
+4.01% | -19.38% |
| Mar. 15 | Marston's CEO Justin Platt buys GBP100,000 in shares | AN |
| Mar. 11 | Vanquis shares hit by profit warning | AN |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 781.3 | 278.4 | 512.5 | 225.6 | 192.5 | 172.6 | - | - |
| Enterprise Value (EV) 1 | 2,180 | 1,911 | 2,116 | 1,820 | 1,758 | 1,662 | 1,606 | 1,543 |
| P/E ratio | -44.1 x | -0.77 x | 3.15 x | 1.64 x | -20.3 x | 3.86 x | 3.39 x | 2.93 x |
| Yield | 6.07% | - | - | - | - | - | - | 1.47% |
| Capitalization / Revenue | 0.67 x | 0.34 x | 1.21 x | 0.28 x | 0.22 x | 0.19 x | 0.19 x | 0.18 x |
| EV / Revenue | 1.86 x | 2.33 x | 4.99 x | 2.28 x | 2.02 x | 1.85 x | 1.74 x | 1.63 x |
| EV / EBITDA | 9.83 x | 15.2 x | 60 x | 11.4 x | 9.76 x | 8.7 x | 8.07 x | 7.43 x |
| EV / FCF | 30.8 x | 20.6 x | -109 x | -47.1 x | 23.2 x | 32 x | 38.8 x | 32.8 x |
| FCF Yield | 3.25% | 4.86% | -0.92% | -2.12% | 4.32% | 3.13% | 2.58% | 3.05% |
| Price to Book | 0.96 x | 1.12 x | 1.26 x | 0.35 x | 0.3 x | 0.25 x | 0.24 x | 0.22 x |
| Nbr of stocks (in thousands) | 632,596 | 632,649 | 632,749 | 633,100 | 633,262 | 633,460 | - | - |
| Reference price 2 | 1.235 | 0.4400 | 0.8100 | 0.3564 | 0.3040 | 0.2725 | 0.2725 | 0.2725 |
| Announcement Date | 11/27/19 | 12/24/20 | 11/30/21 | 12/6/22 | 12/5/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,174 | 821 | 423.8 | 799.6 | 872.3 | 898.4 | 923.2 | 948.2 |
| EBITDA 1 | 221.9 | 125.6 | 35.3 | 159.6 | 180.2 | 191 | 199.1 | 207.7 |
| EBIT 1 | 178.7 | 74 | -7.4 | 115.4 | 124.8 | 150.9 | 158.5 | 166.5 |
| Operating Margin | 15.22% | 9.01% | -1.75% | 14.43% | 14.31% | 16.8% | 17.17% | 17.56% |
| Earnings before Tax (EBT) 1 | -20 | -388.7 | -171.1 | 163.4 | -20.7 | 55.17 | 63.4 | 73.6 |
| Net income 1 | -18 | -359.6 | 162.8 | 137.2 | -9.3 | 45 | 51.33 | 59.23 |
| Net margin | -1.53% | -43.8% | 38.41% | 17.16% | -1.07% | 5.01% | 5.56% | 6.25% |
| EPS 2 | -0.0280 | -0.5680 | 0.2570 | 0.2170 | -0.0150 | 0.0707 | 0.0803 | 0.0932 |
| Free Cash Flow 1 | 70.8 | 92.8 | -19.4 | -38.6 | 75.9 | 51.95 | 41.43 | 47.08 |
| FCF margin | 6.03% | 11.3% | -4.58% | -4.83% | 8.7% | 5.78% | 4.49% | 4.97% |
| FCF Conversion (EBITDA) | 31.91% | 73.89% | - | - | 42.12% | 27.19% | 20.81% | 22.67% |
| FCF Conversion (Net income) | - | - | - | - | - | 115.44% | 80.7% | 79.49% |
| Dividend per Share 2 | 0.0750 | - | - | - | - | - | - | 0.004000 |
| Announcement Date | 11/27/19 | 12/24/20 | 11/30/21 | 12/6/22 | 12/5/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2019 S2 | 2022 S1 | 2022 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|
| Net sales 1 | 620.9 | 369.7 | - | 418.8 | 476.3 |
| EBITDA 1 | 124.7 | - | - | 72.8 | 113.2 |
| EBIT 1 | 102.6 | 37.9 | - | 53.1 | 105.2 |
| Operating Margin | 16.52% | 10.25% | - | 12.68% | 22.09% |
| Earnings before Tax (EBT) 1 | -39.1 | - | - | 0.5 | 52.6 |
| Net income 1 | -34.5 | - | - | 0.4 | 40.8 |
| Net margin | -5.56% | - | - | 0.1% | 8.57% |
| EPS 2 | -0.0540 | - | - | 0.001000 | 0.0630 |
| Dividend per Share | 0.0480 | - | - | - | - |
| Announcement Date | 11/27/19 | 5/18/22 | 12/6/22 | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,399 | 1,633 | 1,604 | 1,594 | 1,566 | 1,489 | 1,433 | 1,370 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.305 x | 13 x | 45.44 x | 9.987 x | 8.689 x | 7.796 x | 7.199 x | 6.598 x |
| Free Cash Flow 1 | 70.8 | 92.8 | -19.4 | -38.6 | 75.9 | 52 | 41.4 | 47.1 |
| ROE (net income / shareholders' equity) | 9.68% | -4.65% | -26.3% | 5.22% | 4.97% | 6.38% | 7.1% | 7.96% |
| ROA (Net income/ Total Assets) | 2.98% | -0.89% | -3.45% | 1.1% | 1.29% | 1.66% | 2.07% | 2.51% |
| Assets 1 | -604.8 | 40,400 | -4,721 | 12,449 | -723.2 | 2,716 | 2,486 | 2,364 |
| Book Value Per Share 2 | 1.280 | 0.3900 | 0.6400 | 1.020 | 1.010 | 1.080 | 1.160 | 1.250 |
| Cash Flow per Share 2 | 0.3200 | -0.5700 | 0.0500 | 0.2100 | 0.2300 | 0.2800 | 0.3000 | 0.3200 |
| Capex 1 | 134 | 63.7 | 46.6 | 70.1 | 65.3 | 53.4 | 54.6 | 56.5 |
| Capex / Sales | 11.4% | 7.76% | 11% | 8.77% | 7.49% | 5.94% | 5.91% | 5.96% |
| Announcement Date | 11/27/19 | 12/24/20 | 11/30/21 | 12/6/22 | 12/5/23 | - | - | - |
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
8
Last Close Price
0.2725
GBP
Average target price
0.5114
GBP
Spread / Average Target
+87.68%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.38% | 215M | |
| -8.08% | 99.92B | |
| +3.87% | 47.26B | |
| -4.99% | 18.63B | |
| -21.05% | 12.31B | |
| +23.66% | 12.8B | |
| +60.91% | 7.88B | |
| -16.84% | 6.12B | |
| -4.93% | 4.64B | |
| -22.60% | 3.45B |
- Stock Market
- Equities
- MARS Stock
- Financials Marston's PLC
