company background image
MSLH

MarshallsLSE:MSLH Stock Report

Market Cap

UK£1.4b

7D

1.8%

1Y

0.1%

Updated

19 Oct, 2021

Data

Company Financials +
MSLH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends3/6

MSLH Overview

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally.

Marshalls Competitors

Walmart

NYSE:WMT

US$403.5b

Target

NYSE:TGT

US$123.1b

CRH

ISE:CRG

€31.8b

Williams-Sonoma

NYSE:WSM

US$13.8b

Price History & Performance

Summary of all time highs, changes and price drops for Marshalls
Historical stock prices
Current Share PriceUK£7.26
52 Week HighUK£6.10
52 Week LowUK£8.57
Beta0.67
1 Month Change-10.04%
3 Month Change0.14%
1 Year Change0.14%
3 Year Change74.69%
5 Year Change169.69%
Change since IPO164.72%

Recent News & Updates

Oct 08
A Look At The Fair Value Of Marshalls plc (LON:MSLH)

A Look At The Fair Value Of Marshalls plc (LON:MSLH)

Does the October share price for Marshalls plc ( LON:MSLH ) reflect what it's really worth? Today, we will estimate the...

Sep 23
Marshalls (LON:MSLH) Has Some Way To Go To Become A Multi-Bagger

Marshalls (LON:MSLH) Has Some Way To Go To Become A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Aug 24
Is Marshalls (LON:MSLH) A Risky Investment?

Is Marshalls (LON:MSLH) A Risky Investment?

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

Jun 16
A Look At The Fair Value Of Marshalls plc (LON:MSLH)

A Look At The Fair Value Of Marshalls plc (LON:MSLH)

How far off is Marshalls plc ( LON:MSLH ) from its intrinsic value? Using the most recent financial data, we'll take a...

Shareholder Returns

MSLHGB Basic MaterialsGB Market
7D1.8%1.9%1.7%
1Y0.1%27.0%23.4%

Return vs Industry: MSLH underperformed the UK Basic Materials industry which returned 23.8% over the past year.

Return vs Market: MSLH underperformed the UK Market which returned 23.2% over the past year.

Price Volatility

Is MSLH's price volatile compared to industry and market?
MSLH volatility
MSLH Beta0.67
Industry Beta1.25
Market Beta1

Stable Share Price: MSLH is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MSLH's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18902,500Martyn Coffeyhttps://www.marshalls.co.uk

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. The company operates through Landscape Products and Others segments. It offers interior, garden, and driveways products, including garden paving, driveways, garden paths, kerbs and edging products, and garden walling products; and stone products.

Marshalls Fundamentals Summary

How do Marshalls's earnings and revenue compare to its market cap?
MSLH fundamental statistics
Market CapUK£1.44b
Earnings (TTM)UK£47.20m
Revenue (TTM)UK£557.12m

30.6x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MSLH income statement (TTM)
RevenueUK£557.12m
Cost of RevenueUK£212.59m
Gross ProfitUK£344.54m
ExpensesUK£297.34m
EarningsUK£47.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin61.84%
Net Profit Margin8.47%
Debt/Equity Ratio18.9%

How did MSLH perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

38%

Payout Ratio

Does MSLH pay a reliable dividends?

See MSLH dividend history and benchmarks
When do you need to buy MSLH by to receive an upcoming dividend?
Marshalls dividend dates
Ex Dividend DateOct 21 2021
Dividend Pay DateDec 01 2021
Days until Ex dividend1 day
Days until Dividend pay date42 days

Does MSLH pay a reliable dividends?

See MSLH dividend history and benchmarks

Valuation

Is Marshalls undervalued compared to its fair value and its price relative to the market?

2.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MSLH (£7.26) is trading below our estimate of fair value (£7.48)

Significantly Below Fair Value: MSLH is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MSLH is poor value based on its PE Ratio (30.6x) compared to the UK Basic Materials industry average (23x).

PE vs Market: MSLH is poor value based on its PE Ratio (30.6x) compared to the UK market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: MSLH is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: MSLH is overvalued based on its PB Ratio (4.5x) compared to the GB Basic Materials industry average (2.4x).


Future Growth

How is Marshalls forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

8.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSLH's forecast earnings growth (8.5% per year) is above the savings rate (0.9%).

Earnings vs Market: MSLH's earnings (8.5% per year) are forecast to grow slower than the UK market (12.9% per year).

High Growth Earnings: MSLH's earnings are forecast to grow, but not significantly.

Revenue vs Market: MSLH's revenue (4.3% per year) is forecast to grow slower than the UK market (5% per year).

High Growth Revenue: MSLH's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MSLH's Return on Equity is forecast to be low in 3 years time (18.9%).


Past Performance

How has Marshalls performed over the past 5 years?

-6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSLH has high quality earnings.

Growing Profit Margin: MSLH's current net profit margins (8.5%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: MSLH's earnings have declined by 6.6% per year over the past 5 years.

Accelerating Growth: MSLH's earnings growth over the past year (243.3%) exceeds its 5-year average (-6.6% per year).

Earnings vs Industry: MSLH earnings growth over the past year (243.3%) exceeded the Basic Materials industry 24%.


Return on Equity

High ROE: MSLH's Return on Equity (14.8%) is considered low.


Financial Health

How is Marshalls's financial position?


Financial Position Analysis

Short Term Liabilities: MSLH's short term assets (£272.3M) exceed its short term liabilities (£175.6M).

Long Term Liabilities: MSLH's short term assets (£272.3M) exceed its long term liabilities (£99.9M).


Debt to Equity History and Analysis

Debt Level: MSLH's debt to equity ratio (18.9%) is considered satisfactory.

Reducing Debt: MSLH's debt to equity ratio has increased from 16.8% to 18.9% over the past 5 years.

Debt Coverage: MSLH's debt is well covered by operating cash flow (107.3%).

Interest Coverage: MSLH's interest payments on its debt are well covered by EBIT (13.4x coverage).


Balance Sheet


Dividend

What is Marshalls's current dividend yield, its reliability and sustainability?

1.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MSLH's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: MSLH's dividend (1.29%) is low compared to the top 25% of dividend payers in the UK market (4.03%).


Stability and Growth of Payments

Stable Dividend: MSLH's dividend payments have been volatile in the past 10 years.

Growing Dividend: MSLH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.9%), MSLH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MSLH's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Martyn Coffey (59 yo)

8yrs

Tenure

UK£1,695,000

Compensation

Mr. Martyn Coffey has been the Chief Executive Officer of Marshalls plc since October 10, 2013. Mr. Coffey is an Officer of the Construction Products Association. He served as the Group Chief Executive Off...


CEO Compensation Analysis

Compensation vs Market: Martyn's total compensation ($USD2.34M) is above average for companies of similar size in the UK market ($USD1.44M).

Compensation vs Earnings: Martyn's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MSLH's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: MSLH's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MSLH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marshalls plc's employee growth, exchange listings and data sources


Key Information

  • Name: Marshalls plc
  • Ticker: MSLH
  • Exchange: LSE
  • Founded: 1890
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: UK£1.443b
  • Shares outstanding: 198.76m
  • Website: https://www.marshalls.co.uk

Number of Employees


Location

  • Marshalls plc
  • Landscape House
  • Premier Way
  • Halifax
  • West Yorkshire
  • HX5 9HT
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:38
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.