Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Marks & Spencer Group's Enterprise Value is €12,027 Mil.
Marks & Spencer Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €645 Mil. Therefore, Marks & Spencer Group's EV-to-EBIT ratio for today is 18.66.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Marks & Spencer Group's Enterprise Value is €12,027 Mil.
Marks & Spencer Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1,394 Mil. Therefore, Marks & Spencer Group's EV-to-EBITDA ratio for today is 8.62.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Marks & Spencer Group (HAM:MA6) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Marks & Spencer Group's current Enterprise Value is €12,027 Mil.
For company reported semi-annually or 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 €645 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Marks & Spencer Group's EV-to-EBITDA for today is:
Marks & Spencer Group's current Enterprise Value is €12,027 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1,394 Mil.
Marks & Spencer Group's current Enterprise Value is €12,027 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €19,906 Mil.
Marks & Spencer Group's current Enterprise Value is €12,027 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1,356 Mil.
Marks & Spencer Group's current Enterprise Value is €12,027 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Marks & Spencer Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €633 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 Enterprise Value Related Terms
Marks & Spencer Group Enterprise Value Historical Data
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The historical data trend for Marks & Spencer Group's Enterprise Value 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 Department Stores subindustry, Marks & Spencer Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Marks & Spencer Group's Enterprise Value falls into.
Marks & Spencer Group Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Marks & Spencer Group's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (HAM:MA6) has a Enterprise Value of €12,027 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Marks & Spencer Group and its competitors.
Is Marks & Spencer Group's Enterprise Value too high?
Marks & Spencer Group's current Enterprise Value is €12,027 Mil. Overall, Marks & Spencer Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's Enterprise Value compare to DDS and M?
Marks & Spencer Group's Enterprise Value of €12,027 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 Enterprise Value for a Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Marks & Spencer Group and its competitors. Marks & Spencer Group's current Enterprise Value is €12,027 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?
Marks & Spencer Group (HAM:MA6) has a current Enterprise Value of €12,027 Mil. The stock's GF Value™ is €4.77, compared to a current price of €4.36 — trading 8.6% below its estimated fair value. The current Enterprise Value is €12,027 Mil. Marks & Spencer Group's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Marks & Spencer Group (HAM:MA6), the current Enterprise Value is €12,027 Mil as of Jun. 29, 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 (HAM:MA6) Overvalued in 2026?
Based on GuruFocus' analysis, Marks & Spencer Group stock appears to be undervalued.
The current stock price of €4.36 is trading 8.6% below its estimated GF Value™ of €4.77.
Key valuation signals for HAM:MA6:
Enterprise Value: €12,027 Mil
GF Value™: €4.77 vs. price of €4.36 (8.6% below fair value)
No single metric tells the full story. See the HAM:MA6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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