Marks & Spencer Group (FRA:MA6) FCF Margin %: 6.06% (As of Mar. 2026) — Near Median


FRA:MA6 Marks & Spencer Group PLC FRA:MA6
84 GF Score
Price €4.24
GF Value €4.69
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Marks & Spencer Group FCF Margin %?

Marks & Spencer Group FRA:MA6 +2.42% 84 FCF Margin % is 6.06% as of Mar. 2026, which is 2% below its 10-year median of 6.17. GuruFocus rates FRA:MA6 with a GF Score™ of 84/100 and a GF Value™ of €4.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Marks & Spencer Group ranks better than 51.02% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Marks & Spencer Group's Free Cash Flow for the six months ended in Mar. 2026 was €652 Mil. Marks & Spencer Group's Revenue for the six months ended in Mar. 2026 was €10,762 Mil. Therefore, Marks & Spencer Group's FCF Margin % for the quarter that ended in Mar. 2026 was 6.06%.

As of today, Marks & Spencer Group's current FCF Yield % is 7.03%.

The historical rank and industry rank for Marks & Spencer Group's FCF Margin % or its related term are showing as below:

FRA:MA6' s FCF Margin % Range Over the Past 10 Years
Min: 3.18   Med: 6.17   Max: 10.29
Current: 3.18


During the past 13 years, the highest FCF Margin % of Marks & Spencer Group was 10.29%. The lowest was 3.18%. And the median was 6.17%.

FRA:MA6's FCF Margin % is ranked better than
51.02% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 3.02 vs FRA:MA6: 3.18


Marks & Spencer Group FCF Margin % Related Terms


Marks & Spencer Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for Marks & Spencer Group's FCF Margin % 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 FCF Margin % Chart

Marks & Spencer Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.29 5.19 6.69 5.83 3.18

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
FCF Margin % 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 8.41 2.78 8.53 -0.21 6.06

FRA:MA6 vs DDS: FCF Margin % Comparison

For the Department Stores subindustry, Marks & Spencer Group's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Marks & Spencer Group's FCF Margin % falls into.


FRA:MA6
84GF Score
Marks & Spencer Group PLC FRA:MA6
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marks & Spencer Group FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Marks & Spencer Group's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=633.065/19922.219
=3.18 %

Marks & Spencer Group's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=652.21/10762.099
=6.06 %

* 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 FCF Margin % →
What does a FCF Margin % of 6.06% mean?
Marks & Spencer Group (FRA:MA6) has a FCF Margin % of 6.06% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marks & Spencer Group and its competitors. This is near median its historical median of 6.17. Over the past decade, Marks & Spencer Group's FCF Margin % has ranged from 3.18 to 10.29. According to the industry distribution chart, Marks & Spencer Group ranks #551 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 49%.
Is Marks & Spencer Group's FCF Margin % too high?
Marks & Spencer Group's current FCF Margin % of 6.06% is near median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 10.29. The Retail - Cyclical industry median FCF Margin % is 3.02. Marks & Spencer Group's value of 6.06% is 100.7% above this industry median. Based on the distribution chart, Marks & Spencer Group ranks #551 out of 1125 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Marks & Spencer Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's FCF Margin % compare to DDS?
According to the Retail - Cyclical industry distribution chart, Marks & Spencer Group ranks #551 out of 1125 companies for FCF Margin %. This puts Marks & Spencer Group in the upper half of its industry. The industry median FCF Margin % is 3.02. Marks & Spencer Group's value of 6.06% is 100.7% above this benchmark. Historically, Marks & Spencer Group's own FCF Margin % has ranged from 3.18 to 10.29 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 3.02, 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 FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.02, based on 1,125 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marks & Spencer Group's current FCF Margin % of 6.06% is 100.7% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marks & Spencer Group and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marks & Spencer Group's current FCF Margin % is 6.06%, which is near median its own 10-year median of 6.17. 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 (FRA:MA6) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.69, compared to a current price of €4.24 — trading 9.6% below its estimated fair value. The current FCF Margin % is 6.06%, which is near median its 10-year median of 6.17 and 100.7% above the Retail - Cyclical industry median of 3.02. Marks & Spencer Group's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Marks & Spencer Group (FRA:MA6), the current FCF Margin % is 6.06% 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 (FRA:MA6) Overvalued in 2026?

Based on GuruFocus' analysis, Marks & Spencer Group stock appears to be undervalued. The current stock price of €4.24 is trading 9.6% below its estimated GF Value™ of €4.69. GuruFocus considers Marks & Spencer Group to be Modestly Undervalued.

Key valuation signals for FRA:MA6:

  • FCF Margin %: 6.06% (near median its 10-year median of 6.17)
  • GF Value™: €4.69 vs. price of €4.24 (9.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 100.7% above the Retail - Cyclical median (#551 of 1125)

No single metric tells the full story. See the FRA:MA6 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.
84GF Score

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

€4.24
Price
€4.69
GF Value