Marks Electrical Group PLC

AIM:MRK Stock Report

Market Cap: UK£55.5m

Marks Electrical Group Valuation

Is MRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MRK (£0.53) is trading above our estimate of fair value (£0.46)

Significantly Below Fair Value: MRK is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for MRK?

Key metric: As MRK is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MRK. This is calculated by dividing MRK's market cap by their current revenue.
What is MRK's PS Ratio?
PS Ratio0.5x
SalesUK£119.25m
Market CapUK£55.49m

Price to Sales Ratio vs Peers

How does MRK's PS Ratio compare to its peers?

The above table shows the PS ratio for MRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
TPT Topps Tiles
0.3x8.5%UK£75.3m
CMO CMO Group
0.2x2.8%UK£10.3m
VIC Victorian Plumbing Group
1.1x9.6%UK£313.3m
WIX Wickes Group
0.2x3.7%UK£371.3m
MRK Marks Electrical Group
0.5x8.0%UK£55.5m

Price-To-Sales vs Peers: MRK is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.5x).


Price to Sales Ratio vs Industry

How does MRK's PS Ratio compare vs other companies in the GB Specialty Retail Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
VTU Vertu Motors
0.04x5.7%US$246.10m
CFYN Caffyns
0.05xn/aUS$15.43m
WRKS TheWorks.co.uk
0.04xn/aUS$15.31m
MMAG musicMagpie
0.07xn/aUS$11.18m
MRK 0.5xIndustry Avg. 0.3xNo. of Companies7PS00.40.81.21.62+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MRK is expensive based on its Price-To-Sales Ratio (0.5x) compared to the UK Specialty Retail industry average (0.3x).


Price to Sales Ratio vs Fair Ratio

What is MRK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MRK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: MRK is expensive based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.53
UK£0.57
+8.5%
21.7%UK£0.70UK£0.45n/a2
Dec ’25UK£0.53
UK£0.57
+8.5%
21.7%UK£0.70UK£0.45n/a2
Sep ’25UK£0.64
UK£0.95
+49.6%
7.4%UK£1.00UK£0.85n/a3
Aug ’25UK£0.66
UK£0.96
+46.9%
6.7%UK£1.00UK£0.85n/a4
Jul ’25UK£0.71
UK£0.96
+35.6%
6.7%UK£1.00UK£0.85n/a4
Jun ’25UK£0.69
UK£0.90
+31.4%
9.3%UK£1.00UK£0.80n/a5
May ’25UK£0.69
UK£0.90
+30.4%
9.3%UK£1.00UK£0.80n/a5
Apr ’25UK£0.72
UK£0.90
+25.0%
9.3%UK£1.00UK£0.80n/a5
Mar ’25UK£0.73
UK£0.90
+23.3%
9.3%UK£1.00UK£0.80n/a5
Feb ’25UK£0.73
UK£0.90
+22.4%
9.3%UK£1.00UK£0.80n/a5
Jan ’25UK£0.91
UK£1.21
+32.5%
12.9%UK£1.50UK£1.10n/a5
Dec ’24UK£0.89
UK£1.21
+35.5%
12.9%UK£1.50UK£1.10UK£0.535
Nov ’24UK£0.89
UK£1.24
+38.9%
11.3%UK£1.50UK£1.10UK£0.575
Oct ’24UK£1.06
UK£1.24
+16.8%
10.0%UK£1.50UK£1.10UK£0.606
Sep ’24UK£0.98
UK£1.20
+22.3%
11.8%UK£1.50UK£1.00UK£0.647
Aug ’24UK£0.99
UK£1.20
+21.6%
11.8%UK£1.50UK£1.00UK£0.667
Jul ’24UK£0.97
UK£1.20
+24.2%
11.8%UK£1.50UK£1.00UK£0.717
Jun ’24UK£0.87
UK£1.21
+39.3%
12.2%UK£1.50UK£1.00UK£0.696
May ’24UK£0.87
UK£1.21
+39.3%
12.2%UK£1.50UK£1.00UK£0.696
Apr ’24UK£0.83
UK£1.16
+38.7%
15.0%UK£1.50UK£1.00UK£0.726
Mar ’24UK£0.91
UK£1.14
+25.5%
15.0%UK£1.50UK£1.00UK£0.737
Feb ’24UK£0.84
UK£1.14
+35.2%
15.0%UK£1.50UK£1.00UK£0.737
Jan ’24UK£0.84
UK£1.11
+31.4%
18.0%UK£1.50UK£0.82UK£0.917
Dec ’23UK£0.77
UK£1.12
+46.4%
19.2%UK£1.50UK£0.82UK£0.896

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

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 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

Marks Electrical Group PLC is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karl BurnsCanaccord Genuity
Nigel ParsonCavendish
Christopher WickhamEquity Development Limited