Marley Spoon Group Balance Sheet Health
Financial Health criteria checks 1/6
Marley Spoon Group has a total shareholder equity of €-73.0M and total debt of €84.5M, which brings its debt-to-equity ratio to -115.7%. Its total assets and total liabilities are €56.1M and €129.1M respectively.
Key information
-115.70%
Debt to equity ratio
€84.51m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.81m |
| Equity | -€73.04m |
| Total liabilities | €129.14m |
| Total assets | €56.10m |
Recent financial health updates
Recent updates
MS1: Going Concern Risk Will Contrast With Stable Margins And Low Future P/E
Analysts have reduced their price target for Marley Spoon Group to €0.25 from €0.50, citing lower projected revenue growth and a reduced future P/E multiple, while keeping discount rate and profit margin assumptions broadly unchanged. What's in the News Marley Spoon Group SE filed its Annual Report on April 30, 2026 for the period ending December 31, 2025, according to a filing summarised in Key Developments.MS1: Going Concern Risk Will Contrast With Higher Margin And Future P/E Expectations
Analysts have lifted their price target for Marley Spoon Group to €0.57 from €0.51, citing updated expectations for revenue growth, profit margins and future P/E that, in their view, suggest a more supportive outlook for the stock’s fair value. What's in the News Marley Spoon Group SE filed its annual report on April 30, 2026 for the period ending December 31, 2025.MS1: Lower Margin Outlook Yet I Expect Future P/E To Re Rate
Analysts have trimmed their price target for Marley Spoon Group to reflect a reduced profit margin outlook and a higher expected future P/E, while keeping fair value and key model assumptions broadly aligned with previous estimates. Valuation Changes Fair Value is held at €0.5, with no change from the prior estimate.MS1: Higher Margin Outlook Will Support Stronger Future Earnings Multiple
Analysts have reduced their price target on Marley Spoon Group to €0.50 from €0.73, citing updated assumptions that include a slightly higher discount rate, a smaller revenue decline, a modestly stronger profit margin and a lower future P/E multiple. Valuation Changes Fair Value: reduced from €0.73 to €0.50, representing a meaningful cut to the valuation estimate per share.Integrated Platform And Asset-Light Model Will Improve Efficiency
The sharp reduction in Marley Spoon Group’s consensus revenue growth forecasts from 1.6% to -1.6% per annum has driven a significant downward revision in the analyst price target from €1.80 to €1.30. Valuation Changes Summary of Valuation Changes for Marley Spoon Group The Consensus Analyst Price Target has significantly fallen from €1.80 to €1.30.Integrated Platform And Asset-Light Model Will Improve Efficiency
Transition to an integrated platform model and refined marketing boost customer lifetime value and improve revenue growth and net margins.Marley Spoon Group SE (ETR:MS1) Shares Could Be 29% Above Their Intrinsic Value Estimate
Key Insights The projected fair value for Marley Spoon Group is €2.66 based on 2 Stage Free Cash Flow to Equity Marley...Financial Position Analysis
Short Term Liabilities: MS1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MS1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MS1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MS1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MS1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MS1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.4% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 13:51 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Marley Spoon Group SE is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trion Reid | Berenberg |