Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Marshalls's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
GB Basic Materials
1 Year Return
GB Basic Materials
Return vs Industry: MSLH underperformed the UK Basic Materials industry which returned 47.1% over the past year.
Return vs Market: MSLH matched the UK Market which returned 20.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Marshalls's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StDid You Participate In Any Of Marshalls' (LON:MSLH) Fantastic 197% Return ?
1 month ago | Simply Wall StA Look At The Fair Value Of Marshalls plc (LON:MSLH)
2 months ago | Simply Wall StIt Might Not Be A Great Idea To Buy Marshalls plc (LON:MSLH) For Its Next Dividend
Is Marshalls undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSLH (£7.47) is trading above our estimate of fair value (£7.2)
Significantly Below Fair Value: MSLH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MSLH is poor value based on its PE Ratio (625.7x) compared to the UK Basic Materials industry average (26.4x).
PE vs Market: MSLH is poor value based on its PE Ratio (625.7x) compared to the UK market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: MSLH is poor value based on its PEG Ratio (13.9x)
Price to Book Ratio
PB vs Industry: MSLH is overvalued based on its PB Ratio (5.2x) compared to the GB Basic Materials industry average (2.7x).
How is Marshalls forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSLH's forecast earnings growth (45.1% per year) is above the savings rate (0.9%).
Earnings vs Market: MSLH's earnings (45.1% per year) are forecast to grow faster than the UK market (13.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MSLH's revenue (7.9% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: MSLH's revenue (7.9% 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 (19.2%).
How has Marshalls performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSLH has a large one-off loss of £17.1M impacting its December 31 2020 financial results.
Growing Profit Margin: MSLH's current net profit margins (0.5%) are lower than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: MSLH's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: MSLH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSLH had negative earnings growth (-95.9%) over the past year, making it difficult to compare to the Basic Materials industry average (14.5%).
Return on Equity
High ROE: MSLH's Return on Equity (0.9%) is considered low.
How is Marshalls's financial position?
Financial Position Analysis
Short Term Liabilities: MSLH's short term assets (£290.0M) exceed its short term liabilities (£157.2M).
Long Term Liabilities: MSLH's short term assets (£290.0M) exceed its long term liabilities (£169.4M).
Debt to Equity History and Analysis
Debt Level: MSLH's debt to equity ratio (45.3%) is considered high.
Reducing Debt: MSLH's debt to equity ratio has increased from 19.8% to 45.3% over the past 5 years.
Debt Coverage: MSLH's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: MSLH's interest payments on its debt are well covered by EBIT (5.8x coverage).
What is Marshalls's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSLH's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.31%).
High Dividend: MSLH's dividend (1.15%) is low compared to the top 25% of dividend payers in the UK market (3.86%).
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 high payout ratio (360.4%), MSLH's dividend payments are not 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 (48% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martyn Coffey (59 yo)
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 ($USD2.36M) is above average for companies of similar size in the UK market ($USD1.37M).
Compensation vs Earnings: Martyn's compensation has been consistent with company performance over the past year.
Experienced Management: MSLH's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: MSLH's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marshalls plc's company bio, employee growth, exchange listings and data sources
- Name: Marshalls plc
- Ticker: MSLH
- Exchange: LSE
- Founded: 1890
- Industry: Construction Materials
- Sector: Materials
- Market Cap: UK£1.484b
- Shares outstanding: 198.76m
- Website: https://www.marshalls.co.uk
Number of Employees
- Marshalls plc
- Landscape House
- Premier Way
- West Yorkshire
- HX5 9HT
- United Kingdom
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,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/05 20:54|
|End of Day Share Price||2021/08/05 00:00|
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.