Financials Marks Electrical Group PLC

Equities

MRK

GB00BM8Q5G47

Household Electronics

Delayed London S.E. Other stock markets 11:07:16 29/04/2024 BST			5-day change	1st Jan Change
69.4 ^GBX	-0.86%		-0.86%	-23.74%

04-18	Marks Electrical Group Extends HQ Lease in UK	MT
04-18	Marks Electric agrees extension of headquarters' lease in Leicester	AN

Valuation

Fiscal Period: March	2022	2023	2024	2025	2026
Capitalization ¹	99.18	87.3	73.18	-	-
Enterprise Value (EV) ¹	97.57	78.72	65.98	62.71	58.59
P/E ratio	29.3 x	17 x	93.3 x	29.6 x	15.1 x
Yield	0.71%	1.15%	1.35%	1.47%	1.57%
Capitalization / Revenue	1.23 x	0.89 x	0.64 x	0.57 x	0.51 x
EV / Revenue	1.21 x	0.81 x	0.58 x	0.49 x	0.41 x
EV / EBITDA	13.5 x	10.4 x	13.2 x	9.38 x	6.96 x
EV / FCF	24.6 x	9.82 x	-176 x	16.2 x	11 x
FCF Yield	4.07%	10.2%	-0.57%	6.17%	9.05%
Price to Book	10.5 x	6.34 x	5.6 x	4.83 x	3.8 x
Nbr of stocks (in thousands)	104,949	104,545	104,545	-	-
Reference price ²	0.9450	0.8350	0.7000	0.7000	0.7000
Announcement Date	08/06/22	14/06/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart	2021	2022	2023	2024	2025	2026
Net sales ¹	55.98	80.48	97.75	114.6	128.4	143
EBITDA ¹	-	7.247	7.549	5.001	6.688	8.416
EBIT ¹	-	6.386	6.242	3.221	4.742	6.422
Operating Margin	-	7.94%	6.39%	2.81%	3.69%	4.49%
Earnings before Tax (EBT) ¹	-	3.765	6.423	2.35	3.4	6.75
Net income ¹	5.696	3.288	5.157	0.752	2.085	4.754
Net margin	10.17%	4.09%	5.28%	0.66%	1.62%	3.32%
EPS ²	-	0.0322	0.0491	0.007500	0.0237	0.0463
Free Cash Flow ¹	-	3.973	8.02	-0.375	3.871	5.306
FCF margin	-	4.94%	8.2%	-0.33%	3.01%	3.71%
FCF Conversion (EBITDA)	-	54.82%	106.24%	-	57.87%	63.04%
FCF Conversion (Net income)	-	120.83%	155.52%	-	185.64%	111.6%
Dividend per Share ²	-	0.006700	0.009600	0.009480	0.0103	0.0110
Announcement Date	05/11/21	08/06/22	14/06/23	-	-	-

¹GBP in Million²GBP

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1
Net sales ¹	37.47	43.01	43.15	54.61	53.86
EBITDA ¹	-	-	-	4.845	2.312
EBIT	-	-	-	4.112	-
Operating Margin	-	-	-	7.53%	-
Earnings before Tax (EBT)	-	-	-	-	-
Net income	1.626	-	-	-	-
Net margin	4.34%	-	-	-	-
EPS	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	18/11/21	08/06/22	08/11/22	14/06/23	16/11/23

¹GBP in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-
Net Cash position ¹	-	1.61	8.58	7.2	10.5	14.6
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	3.97	8.02	-0.38	3.87	5.31
ROE (net income / shareholders' equity)	-	33.2%	44.4%	19.1%	25.1%	26.4%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	0.0900	0.1300	0.1300	0.1500	0.1800
Cash Flow per Share	-	0.0400	0.0900	-	-	-
Capex ¹	-	0.58	1.05	1.88	1.53	1.67
Capex / Sales	-	0.72%	1.07%	1.64%	1.19%	1.17%
Announcement Date	05/11/21	08/06/22	14/06/23	-	-	-

¹GBP in Million²GBP

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Marks Electrical Group PLC

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.7 GBP

Average target price

0.9 GBP

Spread / Average Target

+28.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Household Electronics

	1st Jan change	Capi.
MARKS ELECTRICAL GROUP PLC	-23.74%	91.15M
SONY GROUP CORPORATION	-4.77%	98.61B
PANASONIC HOLDINGS CORPORATION	-4.19%	19.84B
LG ELECTRONICS INC.	-10.81%	11.28B
DIXON TECHNOLOGIES (INDIA) LIMITED	+28.99%	6.15B
GN STORE NORD A/S	+9.25%	3.92B
HANGZHOU EZVIZ NETWORK CO., LTD.	+6.79%	3.72B
SICHUAN CHANGHONG ELECTRIC CO.,LTD.	+0.95%	3.4B
SHENZHEN MTC CO., LTD.	-3.05%	3.38B
SHARP CORPORATION	-18.57%	3.38B

Other Household Electronics