Marshalls (MSLH)

Sector:

Construction and Building Materials

Index:

FTSE 250

173.80p
   
  • Change Today:
      1.60p
  • 52 Week High: 323.00
  • 52 Week Low: 162.00
  • Currency: UK Pounds
  • Shares Issued: 252.97m
  • Volume: 124,615
  • Market Cap: £439.66m
  • RiskGrade: 148

RBC Capital starts Marshalls at 'sector perform'

By Michele Maatouk

Date: Wednesday 18 Sep 2024

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.
It noted that Marshalls outperformed the FTSE 250 by 10x and traded at 18x average price-to-earnings, a premium of around 40% to peers from 2013 to 2021.

RBC said earnings per share and return on capital employed increased by around 3x.

"Enter Marley, a transformational deal which coincided with a cyclical downturn in 2022. 2024e adjusted EPS is over 50% below 'normalised' levels," it said.

Marshalls bought pitched roof tile specialist Marley Group for £535m.

"Prior CEO Martyn Coffey departed and now we await a new midterm strategy. We think a pathway back towards pre-Marley ROCE and above market earnings growth is needed to justify prior valuation levels. Marshalls' premium remains in-tact despite lower adjusted EPS growth and ROCE."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Marshalls Market Data

Currency UK Pounds
Share Price 173.80p
Change Today 1.60p
% Change 0.93 %
52 Week High 323.00
52 Week Low 162.00
Volume 124,615
Shares Issued 252.97m
Market Cap £439.66m
RiskGrade 148

Marshalls Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.14% above the market average73.14% above the market average73.14% above the market average73.14% above the market average73.14% above the market average
62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average
Price Trend
70.15% below the market average70.15% below the market average70.15% below the market average70.15% below the market average70.15% below the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average
Income
60.61% above the market average60.61% above the market average60.61% above the market average60.61% above the market average60.61% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
66.24% below the market average66.24% below the market average66.24% below the market average66.24% below the market average66.24% below the market average
29.73% below the sector average29.73% below the sector average29.73% below the sector average29.73% below the sector average29.73% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 2
Sell 1
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marshalls Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Oct-25 05-Jun-25
Paid 01-Dec-25 01-Jul-25
Amount 2.20p 5.40p

Trades for --2025

Time Volume / Share Price
0 @ 0.000p

Marshalls Key Personnel

CFO Justin Lockwood

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