MAKSF (Marks & Spencer Group) Accumulated Depreciation: $-5,132 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAKSF Marks & Spencer Group PLC MAKSF
87 GF Score
Price $4.84
GF Value $5.79
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Marks & Spencer Group Accumulated Depreciation?

Marks & Spencer Group MAKSF 87 Accumulated Depreciation is $-5,132 Mil as of Mar. 2026. GuruFocus rates MAKSF with a GF Score™ of 87/100 and a GF Value™ of $5.79 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Marks & Spencer Group's quarterly accumulated depreciation declined from Mar. 2025 ($-6,349 Mil) to Sep. 2025 ($0 Mil) but then increased from Sep. 2025 ($0 Mil) to Mar. 2026 ($-5,132 Mil).

Marks & Spencer Group's annual accumulated depreciation increased from Mar. 2024 ($-6,290 Mil) to Mar. 2025 ($-6,349 Mil) but then stayed the same from Mar. 2025 ($-6,349 Mil) to Mar. 2026 ($-5,132 Mil).


Marks & Spencer Group Accumulated Depreciation Related Terms


Marks & Spencer Group Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Marks & Spencer Group's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marks & Spencer Group Accumulated Depreciation Chart

Marks & Spencer Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,186.03 -5,893.93 -6,289.96 -6,348.58 -5,132.40

Marks & Spencer Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6,289.96 0.00 -6,348.58 0.00 -5,132.40
MAKSF
87GF Score
Marks & Spencer Group PLC MAKSF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marks & Spencer Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-5,132 Mil mean?
Marks & Spencer Group (MAKSF) has a Accumulated Depreciation of $-5,132 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Marks & Spencer Group and its competitors.
Is Marks & Spencer Group's Accumulated Depreciation too high?
Marks & Spencer Group's current Accumulated Depreciation is $-5,132 Mil. Overall, Marks & Spencer Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's Accumulated Depreciation compare to DDS?
Marks & Spencer Group's Accumulated Depreciation of $-5,132 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Retail - Cyclical company?
A good Accumulated Depreciation depends on the Retail - Cyclical industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Marks & Spencer Group and its competitors. Marks & Spencer Group's current Accumulated Depreciation is $-5,132 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marks & Spencer Group stock overvalued right now?
Based on GuruFocus' analysis, Marks & Spencer Group (MAKSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.79, compared to a current price of $4.84 — trading 16.4% below its estimated fair value. The current Accumulated Depreciation is $-5,132 Mil. Marks & Spencer Group's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Marks & Spencer Group (MAKSF), the current Accumulated Depreciation is $-5,132 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marks & Spencer Group (MAKSF) Overvalued in 2026?

Based on GuruFocus' analysis, Marks & Spencer Group stock appears to be undervalued. The current stock price of $4.84 is trading 16.4% below its estimated GF Value™ of $5.79. GuruFocus considers Marks & Spencer Group to be Modestly Undervalued.

Key valuation signals for MAKSF:

  • Accumulated Depreciation: $-5,132 Mil
  • GF Value™: $5.79 vs. price of $4.84 (16.4% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the MAKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marks & Spencer Group Business Description

Address 35 North Wharf Road, Waterside House, London, GBR, W2 1NW
Marks & Spencer is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The majority of revenue stems from the firm's UK operations, selling its own-brand food, clothing, and home merchandise predominantly. The food segment includes value products (dairy, poultry, meat, fresh produce), ready-made meals, and healthy items. The clothing and home division sells women's wear, lingerie, men's wear, kids' wear, beauty, and home products. The remaining revenue comes from international sales, where M&S sells through a mix of its own stores, franchises, and online channels.In 2020, the firm entered into a joint venture, purchasing 50% of grocery e-commerce business Ocado Retail. Ocado is the exclusive online distributor of M&S food within the UK.
87GF Score

Get the complete analysis for MAKSF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.84
Price
$5.79
GF Value