Marks and Spencer Group

MAKSY

Department Stores · Consumer Cyclical

Exchange

Other OTC

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Mixed

Growth

Good

Cash Flow

Strong

Stability

Good

Valuation

Good

Dividends

Weak

Track this stock — start free trial

Winston Score History

The full picture

Marks and Spencer (M&S) is a well-known British retailer that sells clothing, home goods, and food. It operates hundreds of stores across the United Kingdom and sells to everyday shoppers looking for mid-range quality products. M&S is one of the most recognized retail brands in the UK, with a particularly strong reputation for its food halls, which sell ready meals, fresh produce, and premium grocery items.

M&S makes money by selling products directly to customers in its stores and through its website, with food being its largest and fastest-growing revenue segment. The company operates mainly in the UK but also has an international presence through franchise partnerships in markets like India and the Middle East. Its brand loyalty and trusted quality give it a competitive edge over discount rivals, though it faces ongoing pressure from online-first retailers and grocery competitors like Sainsbury's and Tesco. Continued growth in its food business and its expanding online platform through a partnership with Ocado are key drivers to watch.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+27.5% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

>+1,000% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

5.5%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$1.4B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Marks and Spencer Group grew revenue 27% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-28.1%

Thin — -28.1% gross margin

Profit after running costs

Operating Margin

4.8%

Thin — 4.8% operating margin

Return on the money invested

ROCE

13.4%

Good — 13.4% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+25.0%

Fast-growing sales (+25.0% YoY)

Profit growth

EPS YoY

-9.3%

Earnings shrinking (-9.3% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

396%

Turns 396% of profit into real cash

Spare cash per sale

FCF Margin

2.7%

Thin free cash flow (2.7%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.31

Conservative — low debt load (0.31)

Covers its interest

Interest Cover

2.70x

Tight — interest eats into profit (2.7x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

39.4x

no trend

Pricey — P/E 39.4

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year

P/E vs Forward

+29.4

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (39.4 → 10.1)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.10%

no trend

Small dividend — 1.10% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

-39.6%

no trend

Dividend cut (-39.6% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial