Marshalls Future Growth

Future criteria checks 3/6

Marshalls is forecast to grow earnings and revenue by 28.1% and 4% per annum respectively. EPS is expected to grow by 28.5% per annum. Return on equity is forecast to be 6.9% in 3 years.

Key information

28.1%

Earnings growth rate

28.5%

EPS growth rate

Basic Materials earnings growth	12.2%
Revenue growth rate	4.0%
Future return on equity	6.9%
Analyst coverage	Good
Last updated	10 Dec 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:1QG - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	687	52	52	73	7
12/31/2025	656	44	46	66	7
12/31/2024	629	38	44	62	7
6/30/2024	624	22	64	80	N/A
3/31/2024	648	20	61	79	N/A
12/31/2023	671	19	57	78	N/A
9/30/2023	698	21	66	93	N/A
6/30/2023	725	23	75	107	N/A
3/31/2023	722	25	65	96	N/A
12/31/2022	719	27	55	85	N/A
9/30/2022	679	34	33	59	N/A
6/30/2022	640	42	11	33	N/A
3/31/2022	614	48	27	49	N/A
12/31/2021	589	55	44	66	N/A
9/30/2021	573	51	47	65	N/A
6/30/2021	557	47	51	65	N/A
3/31/2021	513	25	24	39	N/A
12/31/2020	469	2	-2	12	N/A
9/30/2020	471	8	11	29	N/A
6/30/2020	472	14	25	45	N/A
3/31/2020	507	36	45	67	N/A
12/31/2019	542	58	65	88	N/A
9/30/2019	534	57	57	81	N/A
6/30/2019	527	56	48	74	N/A
3/31/2019	509	54	41	68	N/A
12/31/2018	491	52	34	63	N/A
9/30/2018	473	48	30	58	N/A
6/30/2018	455	45	26	52	N/A
3/31/2018	443	44	N/A	55	N/A
12/31/2017	430	43	N/A	57	N/A
9/30/2017	422	42	N/A	58	N/A
6/30/2017	414	41	N/A	59	N/A
3/31/2017	405	39	N/A	54	N/A
12/31/2016	397	37	N/A	49	N/A
9/30/2016	393	35	N/A	52	N/A
6/30/2016	390	32	N/A	54	N/A
3/31/2016	388	30	N/A	52	N/A
12/31/2015	386	28	N/A	50	N/A
9/30/2015	382	26	N/A	47	N/A
6/30/2015	378	25	N/A	43	N/A
3/31/2015	368	22	N/A	36	N/A
12/31/2014	359	20	N/A	29	N/A
9/30/2014	345	19	N/A	25	N/A
6/30/2014	331	18	N/A	22	N/A
3/31/2014	319	16	N/A	24	N/A
12/31/2013	307	14	N/A	27	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1QG's forecast earnings growth (28.1% per year) is above the savings rate (1%).

Earnings vs Market: 1QG's earnings (28.1% per year) are forecast to grow faster than the German market (20.6% per year).

High Growth Earnings: 1QG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1QG's revenue (4% per year) is forecast to grow slower than the German market (5.7% per year).

High Growth Revenue: 1QG's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1QG's Return on Equity is forecast to be low in 3 years time (6.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 19:22
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marshalls plc is covered by 19 analysts. 7 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
Robert Chantry	Berenberg
Mark Hake	BofA Global Research
Aynsley Lammin	Canaccord Genuity

Marshalls Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Marshalls plc Provides Earnings Guidance for the Full Year 2024

Recent updates

Investor sentiment improves as stock rises 15%

Upcoming dividend of UK£0.026 per share

Marshalls plc Provides Earnings Guidance for the Full Year 2024

First half dividend of UK£0.026 announced

First half 2024 earnings released: EPS: UK£0.064 (vs UK£0.052 in 1H 2023)

Marshalls plc Declares Dividend , Payable December 2, 2024

Now 21% undervalued

Now 21% undervalued

Upcoming dividend of UK£0.057 per share

Investor sentiment improves as stock rises 17%

Final dividend of UK£0.057 announced

New minor risk - Earnings quality

Marshalls plc to Report First Half, 2024 Results on Aug 14, 2024

Full year 2023 earnings released: EPS: UK£0.074 (vs UK£0.11 in FY 2022)

High number of new directors

Investor sentiment improves as stock rises 16%

Upcoming dividend of UK£0.026 per share at 5.7% yield

Now 21% undervalued after recent price drop

Marshalls plc Declares Interim Dividend, Payable on 1 December 2023

First half 2023 earnings released: EPS: UK£0.052 (vs UK£0.079 in 1H 2022)

Marshalls plc to Report Fiscal Year 2023 Final Results on Apr 16, 2024

Now 20% undervalued after recent price drop

Marshalls plc to Report First Half, 2023 Final Results on Aug 16, 2023

Marshalls plc to Report Q2, 2023 Results on Aug 18, 2023

Upcoming dividend of UK£0.099 per share at 5.2% yield

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: UK£0.11 (vs UK£0.28 in FY 2021)

Now 21% undervalued

Investor sentiment improved over the past week

Marshalls plc Announces the Appointment of Diana Houghton to the Board as A Non-Executive Director with Effect from 01 January 2023

Upcoming dividend of UK£0.057 per share

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First half 2022 earnings released: EPS: UK£0.079 (vs UK£0.15 in 1H 2021)

Marshalls plc, Annual General Meeting, May 11, 2023

Marshalls plc to Report First Half, 2022 Results on Aug 18, 2022

Upcoming dividend of UK£0.096 per share

Marshalls plc, Annual General Meeting, May 11, 2022

Marshalls plc (LSE:MSLH) signed an agreement to acquire Marley Limited from Inflexion Buyout Fund V, fund managed by Inflexion Private Equity Partners LLP and certain management members for approximately £540 million.

Marshalls plc (LSE:MSLH) signed an agreement to acquire Marley Limited from Inflexion Buyout Fund V, fund managed by Inflexion Private Equity Partners LLP and certain management members for approximately £540 million.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Marshalls plc to Report Fiscal Year 2021 Results on Mar 17, 2022

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources