Marston's (LSE:MARS) EV-to-EBIT: 8.52 (As of Jul. 27, 2026) — 31% Below Median

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LSE:MARS Marston's PLC LSE:MARS
51 GF Score
Price £0.51
GF Value £0.39
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Marston's EV-to-EBIT?

Marston's LSE:MARS +2.22% 51 EV-to-EBIT is 8.52 as of Jul. 27, 2026, which is 31% below its 10-year median of 12.36. GuruFocus rates LSE:MARS with a GF Score™ of 51/100 and a GF Value™ of £0.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 263 Restaurants companies, Marston's ranks better than 86.31% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Marston's's Enterprise Value is £1,549.6 Mil. Marston's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £181.8 Mil. Therefore, Marston's's EV-to-EBIT for today is 8.52.

The historical rank and industry rank for Marston's's EV-to-EBIT or its related term are showing as below:

LSE:MARS' s EV-to-EBIT Range Over the Past 10 Years
Min: -27.65   Med: 12.36   Max: 68.34
Current: 8.52

During the past 13 years, the highest EV-to-EBIT of Marston's was 68.34. The lowest was -27.65. And the median was 12.36.

LSE:MARS's EV-to-EBIT is ranked better than
86.31% of 263 companies
in the Restaurants industry
Industry Median: 16.62 vs LSE:MARS: 8.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Marston's's Enterprise Value for the quarter that ended in Mar. 2026 was £1,559.0 Mil. Marston's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £181.8 Mil. Marston's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.66%.


Marston's  (LSE:MARS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Marston's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=181.8/1559.03204
=11.66 %

Marston's's Enterprise Value for the quarter that ended in Mar. 2026 was £1,559.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marston's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £181.8 Mil.

* 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.


Marston's EV-to-EBIT Related Terms


Marston's EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Marston's's EV-to-EBIT 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.

Marston's EV-to-EBIT Chart

Marston's Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.46 7.13 25.19 12.58 8.16

Marston's Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT 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 0.00 12.58 0.00 8.16 0.00

LSE:MARS vs MCD, SBUX, YUM: EV-to-EBIT Comparison

For the Restaurants subindustry, Marston's's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marston's EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marston's's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marston's's EV-to-EBIT falls into.


LSE:MARS
51GF Score
Marston's PLC LSE:MARS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marston's EV-to-EBIT Calculation

Marston's's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1549.608/181.8
=8.52

Marston's's current Enterprise Value is £1,549.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marston's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £181.8 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 8.52 mean?
Marston's (LSE:MARS) has a EV-to-EBIT of 8.52 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Marston's and its competitors. This is 31% below median its historical median of 12.36. According to the industry distribution chart, Marston's ranks #36 out of 263 companies in the Restaurants industry, placing it in the top 13.7%.
Is Marston's' EV-to-EBIT too high?
Marston's' current EV-to-EBIT of 8.52 is 31% below median its 10-year median of 12.36. The Restaurants industry median EV-to-EBIT is 16.62. Marston's' value of 8.52 is 48.7% below this industry median. Based on the distribution chart, Marston's ranks #36 out of 263 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Marston's has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marston's' EV-to-EBIT compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Marston's ranks #36 out of 263 companies for EV-to-EBIT. This places Marston's in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 16.62. Marston's' value of 8.52 is 48.7% below this benchmark. While the company's 10-year median is 12.36 vs. the industry median of 16.62, Marston's has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Restaurants company?
The median EV-to-EBIT among Restaurants companies is 16.62, based on 263 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marston's's current EV-to-EBIT of 8.52 is 48.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Marston's and its competitors. For the Restaurants industry, the median EV-to-EBIT is 16.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marston's's current EV-to-EBIT is 8.52, which is 31% below median its own 10-year median of 12.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marston's stock overvalued right now?
Based on GuruFocus' analysis, Marston's (LSE:MARS) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.39, compared to a current price of £0.51 — trading 30% above its estimated fair value. The current EV-to-EBIT is 8.52, which is 31% below median its 10-year median of 12.36 and 48.7% below the Restaurants industry median of 16.62. Marston's' overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Marston's (LSE:MARS), the current EV-to-EBIT is 8.52 as of Jul. 27, 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 Marston's (LSE:MARS) Overvalued in 2026?

Based on GuruFocus' analysis, Marston's stock appears to be overvalued. The current stock price of £0.51 is trading 30% above its estimated GF Value™ of £0.39. GuruFocus considers Marston's to be Modestly Overvalued.

Key valuation signals for LSE:MARS:

  • EV-to-EBIT: 8.52 (31% below median its 10-year median of 12.36)
  • GF Value™: £0.39 vs. price of £0.51 (30% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 48.7% below the Restaurants median (#36 of 263)

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


Marston's Business Description

Other Exchanges MARZF:USAMARSl:UK
Address Saint Johns Square, Saint Johns House, Wolverhampton, GBR, WV1 4JT
Marston's PLC is a beer brewer and pub operator. It operates more than 1,500 pubs across the United Kingdom under brand names including Marston's Two For One, Milestone Rotisserie, Pitcher & Piano, and Revere. It also licenses and franchises more than 500 other taverns, and it has some locations that offer lodging. The company has five breweries that distribute its beer brands for sale to both out-of-home and at-home customers. Its key beer brands include Hobgoblin, Marston's Pedigree, Wainwright, Ringwood, Brakspear, and Banks's. Roughly 20% of the company's revenue comes from the brewing business; the rest comes from its pub businesses. Virtually all revenue is generated in the United Kingdom.
51GF Score

Get the complete analysis for LSE:MARS

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

£0.51
Price
£0.39
GF Value