Marks & Spencer Group PLC

Marks and Spencer Group is the holding company of the Marks & Spencer Group of companies. As a retailer, Co. provided its own-brand food, clothing and home products in its 1,433 stores worldwide and online as of Apr 1 2017. As of the same date, Co. sold food through 942 U.K. stores, including 253 owned and 383 franchise Simply Food stores; and own-brand clothing and homeware through 343 full-line stores, Outlets and its M&S.com website. Co. focuses on contemporary style and wardrobe essentials, and provides Womenswear, Lingerie and Menswear. Co. exports M&S Clothing & Home and Food around the world, with stores across Europe, Asia and the Middle East.
  • TickerMKS
  • ISINGB0031274896
  • ExchangeLondon Stock Exchange
  • SectorGeneral Retailers
  • CountryUnited Kingdom

Analysts

MARKS & SPENCER GP.PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of MARKS & SPENCER GP.PLC. (GB), a company active in the Broadline Retailers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 10, 2019, the closing price was GBp 201.10 and its potential was estimated at GBp 223.39.

Expert Corporate Governance Service (ECGS)

Marks and Spencer, 09 July 2019

Item 2: Approve the Remuneration ReportThe structure is unsatisfactory as the maximum bonus exceeds guidelines, qualitative criteria exceed guidelines, accelerated vesting is possible, and benefits were excessive. However, the salary is not excessive in comparison and total remuneration was not excessive as no bonus was paid for the year. On balance, we recommend that shareholders approve this resolution. Item 2: Declare a dividendShareholders may wish to note that, on 27 February 2019, the Company amended its dividend policy to reduce the dividend per share by 40% to a sustainable level, whi...

Ioannis Pontikis

Morningstar | Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will Be Long and Uncertain. See Updated Analyst Note from 26 Jun 2019

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times, broadly in line with our United Kingdom grocery market coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led discounters and online retailers being the obvious winners, have radically changed the status quo ...

Ioannis Pontikis

Morningstar | Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will be Long and Uncertain

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times, broadly in line with our United Kingdom grocery market coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led discounters and online retailers being the obvious winners, have radically changed the status quo ...

Ioannis Pontikis

Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will be Long and Uncertain

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times broadly in line with our United Kingdom grocery coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led dis...

Ioannis Pontikis

Morningstar | Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will Be Long and Uncertain. See Updated Analyst Note from 26 Jun 2019

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times, broadly in line with our United Kingdom grocery market coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led discounters and online retailers being the obvious winners, have radically changed the status quo ...

Ioannis Pontikis

Morningstar | Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will be Long and Uncertain

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times, broadly in line with our United Kingdom grocery market coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led discounters and online retailers being the obvious winners, have radically changed the status quo ...

Ioannis Pontikis

Intense Competition Exposes M&S’ Lack of a Moat; Turnaround Will be Long and Uncertain

We initiate coverage of Marks & Spencer, the British multichannel retailer with stores across Europe, Asia, and the Middle East, with a GBX 229 fair value estimate, no-moat and negative trend ratings. Our estimate implies a forward fiscal 2021 price/adjusted earnings ratio of 14 times and enterprise value/EBITDA ratio of 6 times broadly in line with our United Kingdom grocery coverage. Years of underperformance, underpinned by a fiercely competitive U.K. retail marketplace with price-led dis...

1 director maiden bought

A director at Marks & Spencer Group maiden bought 22,500 shares at 220p and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

MARKS & SPENCER GP.PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of MARKS & SPENCER GP.PLC. (GB), a company active in the Broadline Retailers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 10, 2019, the closing price was GBp 201.10 and its potential was estimated at GBp 223.39.

Ng Adrian

Marks and Spencer Group

Ng Adrian

Marks and Spencer Group

MarketLine Department

X5 Retail Group N.V. - Strategy, SWOT and Corporate Finance Report

Summary X5 Retail Group N.V. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights X5 Retail Group N.V. (X5), a subsidiary of Alfa Group Consortium develops and operates food retail stores. The company operates through a variety of retail formats including proximity stores, supermarket chain, online retail channel, hypermarket chain and convenience stores. The company...

Expert Corporate Governance Service (ECGS)

Marks and Spencer, 09 July 2019

Item 2: Approve the Remuneration ReportThe structure is unsatisfactory as the maximum bonus exceeds guidelines, qualitative criteria exceed guidelines, accelerated vesting is possible, and benefits were excessive. However, the salary is not excessive in comparison and total remuneration was not excessive as no bonus was paid for the year. On balance, we recommend that shareholders approve this resolution. Item 2: Declare a dividendShareholders may wish to note that, on 27 February 2019, the Company amended its dividend policy to reduce the dividend per share by 40% to a sustainable level, whi...

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