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Mitchells & Butlers plcLSE:MAB Stock Report

Market Cap UK£1.4b
Share Price
UK£2.32
UK£3.5
33.7% undervalued intrinsic discount
1Y-17.9%
7D-0.6%
1D
Portfolio Value
View

Mitchells & Butlers plc

LSE:MAB Stock Report

Market Cap: UK£1.4b

Mitchells & Butlers (MAB) Stock Overview

Operates and manages restaurants, pubs, and bars in the United Kingdom and Germany. More details

MAB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends0/6

MAB Community Fair Values

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See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

Mitchells & Butlers plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mitchells & Butlers
Historical stock prices
Current Share PriceUK£2.32
52 Week HighUK£3.08
52 Week LowUK£2.24
Beta1.29
1 Month Change-4.53%
3 Month Change-20.27%
1 Year Change-17.88%
3 Year Change6.62%
5 Year Change-23.48%
Change since IPO-39.64%

Recent News & Updates

Analysis Article Apr 10

When Should You Buy Mitchells & Butlers plc (LON:MAB)?

While Mitchells & Butlers plc ( LON:MAB ) might not have the largest market cap around , it saw significant share price...
Analysis Article Feb 05

Benign Growth For Mitchells & Butlers plc (LON:MAB) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 9.2x Mitchells & Butlers plc ( LON:MAB ) may be sending bullish signals at...

Recent updates

Analysis Article Apr 10

When Should You Buy Mitchells & Butlers plc (LON:MAB)?

While Mitchells & Butlers plc ( LON:MAB ) might not have the largest market cap around , it saw significant share price...
Analysis Article Feb 05

Benign Growth For Mitchells & Butlers plc (LON:MAB) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 9.2x Mitchells & Butlers plc ( LON:MAB ) may be sending bullish signals at...
Analysis Article Jan 07

Mitchells & Butlers (LON:MAB) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Nov 26

Returns On Capital At Mitchells & Butlers (LON:MAB) Have Stalled

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Oct 22

At UK£2.44, Is Mitchells & Butlers plc (LON:MAB) Worth Looking At Closely?

Mitchells & Butlers plc ( LON:MAB ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Sep 26

Earnings Working Against Mitchells & Butlers plc's (LON:MAB) Share Price

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") above 17x, you may...
Analysis Article Jul 31

The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
User avatar
New Narrative Jul 26

Urbanisation And Digital Investment Will Sustain Future Resilience

Urban focus, estate upgrades, and digital investment position the company for strong sales and margin resilience as consumer demand shifts toward experience-led dining.
Analysis Article Jul 10

Mitchells & Butlers (LON:MAB) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 14

Is It Time To Consider Buying Mitchells & Butlers plc (LON:MAB)?

While Mitchells & Butlers plc ( LON:MAB ) might not have the largest market cap around , it led the LSE gainers with a...
Analysis Article May 25

Mitchells & Butlers plc Just Recorded A 7.7% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a good week for Mitchells & Butlers plc ( LON:MAB ) shareholders, because the company has just released its...
Analysis Article Apr 18

Investor Optimism Abounds Mitchells & Butlers plc (LON:MAB) But Growth Is Lacking

It's not a stretch to say that Mitchells & Butlers plc's ( LON:MAB ) price-to-sales (or "P/S") ratio of 0.6x right now...
Analysis Article Mar 28

Slowing Rates Of Return At Mitchells & Butlers (LON:MAB) Leave Little Room For Excitement

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 06

A Look At The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Key Insights The projected fair value for Mitchells & Butlers is UK£2.13 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 16

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 29

Is Mitchells & Butlers plc (LON:MAB) Potentially Undervalued?

While Mitchells & Butlers plc ( LON:MAB ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Jan 11

Unpleasant Surprises Could Be In Store For Mitchells & Butlers plc's (LON:MAB) Shares

With a median price-to-sales (or "P/S") ratio of close to 0.9x in the Hospitality industry in the United Kingdom, you...
Analysis Article Nov 28

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Key Insights Mitchells & Butlers' estimated fair value is UK£2.66 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Oct 30

Is Now An Opportune Moment To Examine Mitchells & Butlers plc (LON:MAB)?

While Mitchells & Butlers plc ( LON:MAB ) might not have the largest market cap around , it saw significant share price...
Analysis Article Oct 07

Is Mitchells & Butlers (LON:MAB) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 19

Returns On Capital At Mitchells & Butlers (LON:MAB) Have Hit The Brakes

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 14

Calculating The Intrinsic Value Of Mitchells & Butlers plc (LON:MAB)

Key Insights The projected fair value for Mitchells & Butlers is UK£2.83 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Jul 11

Is There Now An Opportunity In Mitchells & Butlers plc (LON:MAB)?

Mitchells & Butlers plc ( LON:MAB ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jun 17

Mitchells & Butlers (LON:MAB) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 30

Mitchells & Butlers plc's (LON:MAB) 27% Price Boost Is Out Of Tune With Revenues

Mitchells & Butlers plc ( LON:MAB ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article May 29

Mitchells & Butlers' (LON:MAB) Earnings May Just Be The Starting Point

Mitchells & Butlers plc ( LON:MAB ) recently posted some strong earnings, and the market responded positively. Our...
Analysis Article May 02

Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Analysis Article Apr 10

Mitchells & Butlers plc's (LON:MAB) Popularity With Investors Is Under Threat From Overpricing

With a median price-to-sales (or "P/S") ratio of close to 1x in the Hospitality industry in the United Kingdom, you...
Analysis Article Mar 20

Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Mitchells & Butlers plc ( LON:MAB ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Feb 29

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Key Insights The projected fair value for Mitchells & Butlers is UK£2.25 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Jan 24

Mitchells & Butlers (LON:MAB) Use Of Debt Could Be Considered Risky

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 29

Revenues Not Telling The Story For Mitchells & Butlers plc (LON:MAB)

With a median price-to-sales (or "P/S") ratio of close to 1x in the Hospitality industry in the United Kingdom, you...
Analysis Article Dec 02

Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Sep 28

Does Mitchells & Butlers (LON:MAB) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 18

Mitchells & Butlers' (LON:MAB) Returns Have Hit A Wall

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Jun 16

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 16

The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Mar 16

Should You Investigate Mitchells & Butlers plc (LON:MAB) At UK£1.52?

Mitchells & Butlers plc ( LON:MAB ), might not be a large cap stock, but it saw a double-digit share price rise of over...
Analysis Article Dec 08

Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

Mitchells & Butlers plc ( LON:MAB ), is not the largest company out there, but it led the LSE gainers with a relatively...
Analysis Article Sep 21

Mitchells & Butlers' (LON:MAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Aug 26

An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 48% Undervalued

How far off is Mitchells & Butlers plc ( LON:MAB ) from its intrinsic value? Using the most recent financial data...
Analysis Article Aug 05

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 23

Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

Mitchells & Butlers plc ( LON:MAB ), is not the largest company out there, but it saw significant share price movement...
Analysis Article May 31

The Returns On Capital At Mitchells & Butlers (LON:MAB) Don't Inspire Confidence

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article May 06

Is Mitchells & Butlers plc (LON:MAB) Trading At A 34% Discount?

Does the May share price for Mitchells & Butlers plc ( LON:MAB ) reflect what it's really worth? Today, we will...
Analysis Article Dec 24

Mitchells & Butlers plc (LON:MAB) Shares Could Be 25% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of Mitchells & Butlers plc ( LON:MAB ) by...
Analysis Article Nov 28

Analysts Are Updating Their Mitchells & Butlers plc (LON:MAB) Estimates After Its Yearly Results

The annual results for Mitchells & Butlers plc ( LON:MAB ) were released last week, making it a good time to revisit...
Analysis Article Sep 08

An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 25% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Mitchells & Butlers...
Analysis Article Aug 17

Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

While Mitchells & Butlers plc ( LON:MAB ) might not be the most widely known stock at the moment, it saw a decent share...
Analysis Article Jul 27

Is Mitchells & Butlers (LON:MAB) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 24

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Does the May share price for Mitchells & Butlers plc ( LON:MAB ) reflect what it's really worth? Today, we will...

Shareholder Returns

MABGB HospitalityGB Market
7D-0.6%2.7%-1.5%
1Y-17.9%-10.0%17.2%

Return vs Industry: MAB underperformed the UK Hospitality industry which returned -10% over the past year.

Return vs Market: MAB underperformed the UK Market which returned 17.2% over the past year.

Price Volatility

Is MAB's price volatile compared to industry and market?
MAB volatility
MAB Average Weekly Movement4.3%
Hospitality Industry Average Movement5.4%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.7%
10% least volatile stocks in GB Market3.1%

Stable Share Price: MAB has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: MAB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189850,000Phil Urbanwww.mbplc.com

Mitchells & Butlers plc operates and manages restaurants, pubs, and bars in the United Kingdom and Germany. The company offers its products and services under the Alex, All Bar One, Browns, Castle, Ego, Ember Inns, Harvester, High Street, Innkeeper’s Collection, Miller & Carter, Nicholson’s, O’Neill’s, Pesto, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brand names. It also engages in leisure retailing; property leasing, management, and development; service, finance, and management activities; non-trading; trading ownership; and healthcare trustee.

Mitchells & Butlers plc Fundamentals Summary

How do Mitchells & Butlers's earnings and revenue compare to its market cap?
MAB fundamental statistics
Market capUK£1.38b
Earnings (TTM)UK£184.00m
Revenue (TTM)UK£2.75b
7.5x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAB income statement (TTM)
RevenueUK£2.75b
Cost of RevenueUK£2.28b
Gross ProfitUK£469.00m
Other ExpensesUK£285.00m
EarningsUK£184.00m

Last Reported Earnings

Apr 11, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin17.07%
Net Profit Margin6.70%
Debt/Equity Ratio34.5%

How did MAB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 23:36
End of Day Share Price 2026/06/04 00:00
Earnings2026/04/11
Annual Earnings2025/09/27

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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 Github.

Analyst Sources

Mitchells & Butlers plc is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julian EasthopeBarclays
Robert ChantryBerenberg
Nicholas ThomasBofA Global Research