MAKSF (Marks & Spencer Group) EV-to-EBIT: 19.21 (As of Jul. 30, 2026) — Near Median

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
82 GF Score
Price $5.05
GF Value $5.69
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Marks & Spencer Group EV-to-EBIT?

Marks & Spencer Group MAKSF +6.32% 82 EV-to-EBIT is 19.21 as of Jul. 30, 2026, which is 4% above its 10-year median of 18.56. GuruFocus rates MAKSF with a GF Score™ of 82/100 and a GF Value™ of $5.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 880 Retail - Cyclical companies, Marks & Spencer Group ranks worse than 68.64% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Marks & Spencer Group's Enterprise Value is $14,358 Mil. Marks & Spencer Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $747 Mil. Therefore, Marks & Spencer Group's EV-to-EBIT for today is 19.21.

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

MAKSF' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.45   Med: 18.56   Max: 324.26
Current: 18.61

During the past 13 years, the highest EV-to-EBIT of Marks & Spencer Group was 324.26. The lowest was 7.45. And the median was 18.56.

MAKSF's EV-to-EBIT is ranked worse than
68.64% of 880 companies
in the Retail - Cyclical industry
Industry Median: 13.675 vs MAKSF: 18.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Marks & Spencer Group's Enterprise Value for the quarter that ended in Mar. 2026 was $12,942 Mil. Marks & Spencer Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $747 Mil. Marks & Spencer Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.78%.


Marks & Spencer Group  (OTCPK:MAKSF) 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) %.

Marks & Spencer Group'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 )
=747.418/12942.190375
=5.78 %

Marks & Spencer Group's Enterprise Value for the quarter that ended in Mar. 2026 was $12,942 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $747 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.


Marks & Spencer Group EV-to-EBIT Related Terms


Marks & Spencer Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Marks & Spencer Group'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.

Marks & Spencer Group EV-to-EBIT Chart

Marks & Spencer Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.31 8.69 8.77 13.25 17.08

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
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 8.77 0.00 13.25 0.00 17.08

MAKSF vs DDS, M: EV-to-EBIT Comparison

For the Department Stores subindustry, Marks & Spencer Group'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.


Marks & Spencer Group EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marks & Spencer Group's EV-to-EBIT falls into.


MAKSF
82GF Score
Marks & Spencer Group PLC MAKSF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marks & Spencer Group EV-to-EBIT Calculation

Marks & Spencer Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14357.515/747.418
=19.21

Marks & Spencer Group's current Enterprise Value is $14,358 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $747 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 19.21 mean?
Marks & Spencer Group (MAKSF) has a EV-to-EBIT of 19.21 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Marks & Spencer Group and its competitors. This is near median its historical median of 18.56. Over the past decade, Marks & Spencer Group's EV-to-EBIT has ranged from 7.45 to 324.26. According to the industry distribution chart, Marks & Spencer Group ranks #604 out of 880 companies in the Retail - Cyclical industry, placing it in the top 68.6%.
Is Marks & Spencer Group's EV-to-EBIT too high?
Marks & Spencer Group's current EV-to-EBIT of 19.21 is near median its 10-year median of 18.56. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 324.26. The Retail - Cyclical industry median EV-to-EBIT is 13.68. Marks & Spencer Group's value of 19.21 is 40.5% above this industry median. Based on the distribution chart, Marks & Spencer Group ranks #604 out of 880 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Marks & Spencer Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's EV-to-EBIT compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Marks & Spencer Group ranks #604 out of 880 companies for EV-to-EBIT. This places Marks & Spencer Group in the lower half of its industry. The industry median EV-to-EBIT is 13.68. Marks & Spencer Group's value of 19.21 is 40.5% above this benchmark. Historically, Marks & Spencer Group's own EV-to-EBIT has ranged from 7.45 to 324.26 over the past decade. While the company's 10-year median is 18.56 vs. the industry median of 13.68, Marks & Spencer Group has consistently been above 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 Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.68, based on 880 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. Marks & Spencer Group's current EV-to-EBIT of 19.21 is 40.5% above 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 Marks & Spencer Group and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marks & Spencer Group's current EV-to-EBIT is 19.21, which is near median its own 10-year median of 18.56. 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 $5.69, compared to a current price of $5.05 — trading 11.2% below its estimated fair value. The current EV-to-EBIT is 19.21, which is near median its 10-year median of 18.56 and 40.5% above the Retail - Cyclical industry median of 13.68. Marks & Spencer Group's overall GF Score™ is 82/100 with 3 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 Marks & Spencer Group (MAKSF), the current EV-to-EBIT is 19.21 as of Jul. 30, 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 $5.05 is trading 11.2% below its estimated GF Value™ of $5.69. GuruFocus considers Marks & Spencer Group to be Modestly Undervalued.

Key valuation signals for MAKSF:

  • EV-to-EBIT: 19.21 (near median its 10-year median of 18.56)
  • GF Value™: $5.69 vs. price of $5.05 (11.2% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 40.5% above the Retail - Cyclical median (#604 of 880)

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.
82GF Score

Get the complete analysis for MAKSF

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

$5.05
Price
$5.69
GF Value