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Marston'sLSE:MARS +0.38%52 EV-to-OCF is 8.40 as of Aug. 08, 2026, which is 25% below its 10-year median of 11.24. GuruFocus rates LSE:MARS with a GF Score™ of 52/100 and a GF Value™ of £0.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 366 Restaurants companies, Marston's ranks better than 56.28% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Marston's's Enterprise Value is £1,559.1 Mil.
Marston's's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £185.5 Mil. Therefore, Marston's's EV-to-OCF for today is 8.40.
The historical rank and industry rank for Marston's's EV-to-OCF or its related term are showing as below:
LSE:MARS'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.12 Med: 11.24 Max: 61.45
Current: 8.35
During the past 13 years, the highest EV-to-OCF of Marston's was 61.45. The lowest was 7.12. And the median was 11.24.
LSE:MARS's EV-to-OCF is ranked better than 56.28% of 366
companies
in the Restaurants industry
Industry Median: 10.165
vs LSE:MARS: 8.35
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Marston's's share price for today is £0.522.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marston's's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.117.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Marston's EV-to-OCF Related Terms
Marston's EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Marston's's EV-to-OCF 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.
For the Restaurants subindustry, Marston's's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Marston's's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Marston's's EV-to-OCF falls into.
Marston's's current Enterprise Value is £1,559.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marston's's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £185.5 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 (LSE:MARS) has a EV-to-OCF of 8.40 as of Aug. 08, 2026. This is 25% below median its historical median of 11.24. Over the past decade, Marston's' EV-to-OCF has ranged from 7.12 to 61.45. According to the industry distribution chart, Marston's ranks #160 out of 366 companies in the Restaurants industry, placing it in the top 43.7%.
Is Marston's' EV-to-OCF too high?
Marston's' current EV-to-OCF of 8.40 is 25% below median its 10-year median of 11.24. Over the past 10 years, this metric has ranged from a low of 7.12 to a high of 61.45. The Restaurants industry median EV-to-OCF is 10.17. Marston's' value of 8.40 is 17.4% below this industry median. Based on the distribution chart, Marston's ranks #160 out of 366 companies in the Restaurants industry, which is above the industry midpoint. Overall, Marston's has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marston's' EV-to-OCF compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Marston's ranks #160 out of 366 companies for EV-to-OCF. This puts Marston's in the upper half of its industry. The industry median EV-to-OCF is 10.17. Marston's' value of 8.40 is 17.4% below this benchmark. Historically, Marston's' own EV-to-OCF has ranged from 7.12 to 61.45 over the past decade. While the company's 10-year median is 11.24 vs. the industry median of 10.17, 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-OCF for a Restaurants company?
The median EV-to-OCF among Restaurants companies is 10.17, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marston's's current EV-to-OCF of 8.40 is 17.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median EV-to-OCF is 10.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marston's's current EV-to-OCF is 8.40, which is 25% below median its own 10-year median of 11.24. 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 Significantly Overvalued. The stock's GF Value™ is £0.39, compared to a current price of £0.52 — trading 33.8% above its estimated fair value. The current EV-to-OCF is 8.40, which is 25% below median its 10-year median of 11.24 and 17.4% below the Restaurants industry median of 10.17. Marston's' overall GF Score™ is 52/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Marston's (LSE:MARS), the current EV-to-OCF is 8.40 as of Aug. 08, 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 £0.52 is trading 33.8% above its estimated GF Value™ of £0.39.
GuruFocus considers Marston's to be Significantly Overvalued.
Key valuation signals for LSE:MARS:
EV-to-OCF: 8.40 (25% below median its 10-year median of 11.24)
GF Value™: £0.39 vs. price of £0.52 (33.8% above fair value)
Industry Position: 17.4% below the Restaurants median (#160 of 366)
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 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.
52GF Score
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