Marks & Spencer GroupFRA:MA6 +1.97%84 Net Margin % is 2.71% as of Mar. 2026, which is 108% above its 10-year median of 1.30. 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 1,128 Retail - Cyclical companies, Marks & Spencer Group ranks worse than 57.71% on this metric.
The historical rank and industry rank for Marks & Spencer Group's Net Margin % or its related term are showing as below:
FRA:MA6'
s Net Margin % Range Over the Past 10 Years
Min: -2.16 Med: 1.3 Max: 3.31
Current: 1.5
FRA:MA6's Net Margin % is ranked worse than 57.71% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.335
vs FRA:MA6: 1.50
Marks & Spencer Group (FRA:MA6) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Marks & Spencer Group Net Margin % Related Terms
Marks & Spencer Group Net Margin % Historical Data
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The historical data trend for Marks & Spencer Group's Net 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.
For the Department Stores subindustry, Marks & Spencer Group's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Marks & Spencer Group's Net Margin % falls into.
* 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 (FRA:MA6) has a Net Margin % of 2.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Marks & Spencer Group and its competitors. This is 108% above median its historical median of 1.30. According to the industry distribution chart, Marks & Spencer Group ranks #651 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 57.7%.
Is Marks & Spencer Group's Net Margin % too high?
Marks & Spencer Group's current Net Margin % of 2.71% is 108% above median its 10-year median of 1.30. The Retail - Cyclical industry median Net Margin % is 2.34. Marks & Spencer Group's value of 2.71% is 16.1% above this industry median. Based on the distribution chart, Marks & Spencer Group ranks #651 out of 1128 companies in the Retail - Cyclical industry, which is below 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 Net Margin % compare to DDS?
According to the Retail - Cyclical industry distribution chart, Marks & Spencer Group ranks #651 out of 1128 companies for Net Margin %. This places Marks & Spencer Group in the lower half of its industry. The industry median Net Margin % is 2.34. Marks & Spencer Group's value of 2.71% is 16.1% above this benchmark. While the company's 10-year median is 1.30 vs. the industry median of 2.34, 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 Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marks & Spencer Group's current Net Margin % of 2.71% is 16.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Marks & Spencer Group and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marks & Spencer Group's current Net Margin % is 2.71%, which is 108% above median its own 10-year median of 1.30. 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 €4.14 — trading 11.7% below its estimated fair value. The current Net Margin % is 2.71%, which is 108% above median its 10-year median of 1.30 and 16.1% above the Retail - Cyclical industry median of 2.34. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Marks & Spencer Group (FRA:MA6), the current Net Margin % is 2.71% 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 €4.14 is trading 11.7% below its estimated GF Value™ of €4.69.
GuruFocus considers Marks & Spencer Group to be Modestly Undervalued.
Key valuation signals for FRA:MA6:
Net Margin %: 2.71% (108% above median its 10-year median of 1.30)
GF Value™: €4.69 vs. price of €4.14 (11.7% below fair value)
Industry Position: 16.1% above the Retail - Cyclical median (#651 of 1128)
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 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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