Obermatt

Marshalls

LSE:MSLH · GB00B012BV22
Construction MaterialsMedium

360

74
EV / EBIT83
Price / Owner Earnings51
Owner Earnings Yield70
Dividend Yield95
Price/Sales71
EV / Gross Profit96
Price/Book91
Return on Capital39
Cash Return on Capital45
Return on Equity14
EBIT Margin37
Gross Profitability90
Cash Conversion66
Accruals67
Owner Earnings Margin59
Sales growth26
Profit Growth25
Long-Term EPS Growth85
Owner Earnings Growth24
Reinvestment86
Price momentum3
Debt load71
Refinancing72
Debt Payback31
Liquidity30
Analyst ratings51
Opinion Changes50
Price Target Upside100
Market mood45
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Marshalls clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUK
IndustryConstruction Materials
SizeMedium
TypePublic Company
ExchangeLSE
Founded2004
Employees1,105
ISINGB00B012BV22
Last UpdateApr 2, 2026
Themes
Residential SolarHome ImprovementConstruction

Description

Marshalls plc manufactures and sells landscape, building, and roofing products. Business Segments The company operates through various business segments that collectively contribute to its overall market leadership in the UK construction industry.…

Analysis

Bargain bin

Marshalls plc is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.

On valuation, the picture is attractive. The owner-earnings multiple stands at 11.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -2% a year, against analyst forecasts of 13%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
63
2023202420252026

All-time high

75

Mar 2026

All-time low

6

Jan 2023

Average rank

33

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
71
37
36
17
Price/Earnings
81
38
27
15
Price/Book
91
72
61
15
Dividend Yield
95
64
49
74
Value (overall)
99
57
30
21

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →