Marks and Spencer Group PLC (MKS) - Net Assets
Based on the latest financial reports, Marks and Spencer Group PLC (MKS) has net assets worth GBX3.22 Billion GBX (≈ $392.13K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX10.11 Billion ≈ $1.23 Million USD) and total liabilities (GBX6.89 Billion ≈ $838.54K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Marks and Spencer Group PLC to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.22 Billion |
| % of Total Assets | 31.86% |
| Annual Growth Rate | 1.99% |
| 5-Year Change | 10.45% |
| 10-Year Change | 2.3% |
| Growth Volatility | 19.55 |
Marks and Spencer Group PLC - Net Assets Trend (1986–2026)
This chart illustrates how Marks and Spencer Group PLC's net assets have evolved over time, based on quarterly financial data. See Marks and Spencer Group PLC (MKS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Marks and Spencer Group PLC (1986–2026)
The table below shows the annual net assets of Marks and Spencer Group PLC from 1986 to 2026. For live valuation and market cap data, see MKS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX3.22 Billion ≈ $392.13K |
+9.20% |
| 2025-03-31 | GBX2.95 Billion ≈ $359.10K |
+4.29% |
| 2024-03-31 | GBX2.83 Billion ≈ $344.34K |
+0.54% |
| 2023-03-31 | GBX2.81 Billion ≈ $342.49K |
-3.53% |
| 2022-03-31 | GBX2.92 Billion ≈ $355.02K |
+27.65% |
| 2021-03-31 | GBX2.29 Billion ≈ $278.12K |
-38.36% |
| 2020-03-31 | GBX3.71 Billion ≈ $451.22K |
+38.33% |
| 2019-03-31 | GBX2.68 Billion ≈ $326.19K |
-9.25% |
| 2018-03-31 | GBX2.95 Billion ≈ $359.44K |
-6.23% |
| 2017-03-31 | GBX3.15 Billion ≈ $383.31K |
-8.51% |
| 2016-03-31 | GBX3.44 Billion ≈ $418.96K |
+7.65% |
| 2015-03-31 | GBX3.20 Billion ≈ $389.20K |
+18.18% |
| 2014-03-31 | GBX2.71 Billion ≈ $329.33K |
+8.86% |
| 2013-03-31 | GBX2.49 Billion ≈ $302.52K |
-10.52% |
| 2012-03-31 | GBX2.78 Billion ≈ $338.10K |
+3.79% |
| 2011-03-31 | GBX2.68 Billion ≈ $325.76K |
+22.49% |
| 2010-03-31 | GBX2.19 Billion ≈ $265.96K |
+4.06% |
| 2009-03-31 | GBX2.10 Billion ≈ $255.58K |
+6.96% |
| 2008-03-31 | GBX1.96 Billion ≈ $238.96K |
+19.16% |
| 2007-03-31 | GBX1.65 Billion ≈ $200.54K |
+36.93% |
| 2006-03-31 | GBX1.20 Billion ≈ $146.46K |
+32.39% |
| 2005-03-31 | GBX909.20 Million ≈ $110.62K |
-62.95% |
| 2004-03-31 | GBX2.45 Billion ≈ $298.58K |
-19.23% |
| 2003-03-31 | GBX3.04 Billion ≈ $369.69K |
-1.39% |
| 2002-03-31 | GBX3.08 Billion ≈ $374.91K |
-32.74% |
| 2001-03-31 | GBX4.58 Billion ≈ $557.42K |
-6.92% |
| 2000-03-31 | GBX4.92 Billion ≈ $598.84K |
+0.50% |
| 1999-03-31 | GBX4.90 Billion ≈ $595.85K |
+0.50% |
| 1998-03-31 | GBX4.87 Billion ≈ $592.88K |
+7.14% |
| 1997-03-31 | GBX4.55 Billion ≈ $553.36K |
+9.80% |
| 1996-03-31 | GBX4.14 Billion ≈ $503.99K |
+10.88% |
| 1995-03-31 | GBX3.74 Billion ≈ $454.53K |
+11.73% |
| 1994-03-31 | GBX3.34 Billion ≈ $406.80K |
+12.69% |
| 1993-03-31 | GBX2.97 Billion ≈ $360.99K |
+11.53% |
| 1992-03-31 | GBX2.66 Billion ≈ $323.66K |
+9.12% |
| 1991-03-31 | GBX2.44 Billion ≈ $296.61K |
+11.79% |
| 1990-03-31 | GBX2.18 Billion ≈ $265.32K |
+13.41% |
| 1989-03-31 | GBX1.92 Billion ≈ $233.94K |
-10.90% |
| 1988-03-31 | GBX2.16 Billion ≈ $262.57K |
+36.69% |
| 1987-03-31 | GBX1.58 Billion ≈ $192.09K |
+7.92% |
| 1986-03-31 | GBX1.46 Billion ≈ $177.99K |
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Equity Component Analysis
This analysis shows how different components contribute to Marks and Spencer Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 754.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX5.98 Billion | 195.77% |
| Common Stock | GBX20.70 Million | 0.68% |
| Other Comprehensive Income | GBX-3.94 Billion | -128.99% |
| Other Components | GBX994.60 Million | 32.54% |
| Total Equity | GBX3.06 Billion | 100.00% |
Marks and Spencer Group PLC Competitors by Market Cap
The table below lists competitors of Marks and Spencer Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEA Industries Inc.
NASDAQ:BNC
|
$93.08 Million |
|
Suwen Tekstil Sanayi Pazarlama AS
IS:SUWEN
|
$93.09 Million |
|
Organto Foods Incorporated
V:OGO
|
$93.23 Million |
|
Harn Len Corporation Bhd
KLSE:7501
|
$93.24 Million |
|
Mitake Information
TWO:8284
|
$93.00 Million |
|
Bonus Biogroup
TA:BONS
|
$93.00 Million |
|
Envirosuite Ltd
AU:EVS
|
$92.99 Million |
|
KEYEAST.Co.Ltd
KQ:054780
|
$92.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marks and Spencer Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,940,100,000 to 3,056,100,000, a change of 116,000,000 (3.9%).
- Net income of 259,399,999 contributed positively to equity growth.
- Dividend payments of 77,000,000 reduced retained earnings.
- Share repurchases of 21,100,000 reduced equity.
- New share issuances of 12,000,000 increased equity.
- Other comprehensive income decreased equity by 3,942,000,000.
- Other factors increased equity by 3,884,700,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX259.40 Million | +8.49% |
| Dividends Paid | GBX77.00 Million | -2.52% |
| Share Repurchases | GBX21.10 Million | -0.69% |
| Share Issuances | GBX12.00 Million | +0.39% |
| Other Comprehensive Income | GBX-3.94 Billion | -128.99% |
| Other Changes | GBX3.88 Billion | +127.11% |
| Total Change | GBX- | 3.95% |
Book Value vs Market Value Analysis
This analysis compares Marks and Spencer Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 257.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 578.57x to 257.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX0.64 | GBX372.20 | x |
| 1987-03-31 | GBX0.70 | GBX372.20 | x |
| 1988-03-31 | GBX0.95 | GBX372.20 | x |
| 1989-03-31 | GBX0.84 | GBX372.20 | x |
| 1990-03-31 | GBX0.95 | GBX372.20 | x |
| 1991-03-31 | GBX1.05 | GBX372.20 | x |
| 1992-03-31 | GBX1.14 | GBX372.20 | x |
| 1993-03-31 | GBX1.26 | GBX372.20 | x |
| 1994-03-31 | GBX1.41 | GBX372.20 | x |
| 1995-03-31 | GBX1.56 | GBX372.20 | x |
| 1996-03-31 | GBX1.72 | GBX372.20 | x |
| 1997-03-31 | GBX1.88 | GBX372.20 | x |
| 1998-03-31 | GBX1.98 | GBX372.20 | x |
| 1999-03-31 | GBX1.99 | GBX372.20 | x |
| 2000-03-31 | GBX2.00 | GBX372.20 | x |
| 2001-03-31 | GBX1.86 | GBX372.20 | x |
| 2002-03-31 | GBX1.03 | GBX372.20 | x |
| 2003-03-31 | GBX1.22 | GBX372.20 | x |
| 2004-03-31 | GBX1.02 | GBX372.20 | x |
| 2005-03-31 | GBX0.43 | GBX372.20 | x |
| 2006-03-31 | GBX0.68 | GBX372.20 | x |
| 2007-03-31 | GBX0.91 | GBX372.20 | x |
| 2008-03-31 | GBX1.10 | GBX372.20 | x |
| 2009-03-31 | GBX1.26 | GBX372.20 | x |
| 2010-03-31 | GBX1.30 | GBX372.20 | x |
| 2011-03-31 | GBX1.59 | GBX372.20 | x |
| 2012-03-31 | GBX1.66 | GBX372.20 | x |
| 2013-03-31 | GBX1.48 | GBX372.20 | x |
| 2014-03-31 | GBX1.58 | GBX372.20 | x |
| 2015-03-31 | GBX1.84 | GBX372.20 | x |
| 2016-03-31 | GBX1.99 | GBX372.20 | x |
| 2017-03-31 | GBX1.84 | GBX372.20 | x |
| 2018-03-31 | GBX1.72 | GBX372.20 | x |
| 2019-03-31 | GBX1.56 | GBX372.20 | x |
| 2020-03-31 | GBX1.94 | GBX372.20 | x |
| 2021-03-31 | GBX1.17 | GBX372.20 | x |
| 2022-03-31 | GBX1.43 | GBX372.20 | x |
| 2023-03-31 | GBX1.38 | GBX372.20 | x |
| 2024-03-31 | GBX1.36 | GBX372.20 | x |
| 2025-03-31 | GBX1.39 | GBX372.20 | x |
| 2026-03-31 | GBX1.44 | GBX372.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marks and Spencer Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.50%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 3.31x
- Recent ROE (8.49%) is below the historical average (16.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 15.33% | 5.95% | 1.88x | 1.37x | GBX77.30 Million |
| 1987 | 17.50% | 6.54% | 1.96x | 1.37x | GBX118.26 Million |
| 1988 | 14.99% | 7.06% | 1.56x | 1.36x | GBX107.64 Million |
| 1989 | 17.89% | 6.70% | 1.70x | 1.57x | GBX151.18 Million |
| 1990 | 17.90% | 6.94% | 1.53x | 1.69x | GBX171.68 Million |
| 1991 | 16.38% | 6.88% | 1.48x | 1.61x | GBX154.70 Million |
| 1992 | 13.91% | 6.31% | 1.35x | 1.63x | GBX103.44 Million |
| 1993 | 16.81% | 8.33% | 1.27x | 1.59x | GBX200.65 Million |
| 1994 | 17.40% | 8.84% | 1.27x | 1.55x | GBX245.94 Million |
| 1995 | 16.79% | 9.16% | 1.19x | 1.54x | GBX252.31 Million |
| 1996 | 15.84% | 9.02% | 1.14x | 1.54x | GBX240.64 Million |
| 1997 | 16.66% | 9.62% | 1.14x | 1.51x | GBX301.67 Million |
| 1998 | 16.81% | 9.90% | 1.11x | 1.53x | GBX330.53 Million |
| 1999 | 7.62% | 4.52% | 1.05x | 1.60x | GBX-116.29 Million |
| 2000 | 5.27% | 3.16% | 1.02x | 1.63x | GBX-231.83 Million |
| 2001 | -0.12% | -0.07% | 1.05x | 1.69x | GBX-462.08 Million |
| 2002 | 4.97% | 1.88% | 1.13x | 2.33x | GBX-155.09 Million |
| 2003 | 16.70% | 6.28% | 1.20x | 2.22x | GBX203.46 Million |
| 2004 | 22.51% | 6.65% | 1.13x | 3.01x | GBX306.90 Million |
| 2005 | 64.47% | 7.83% | 1.54x | 5.35x | GBX495.28 Million |
| 2006 | 43.46% | 6.71% | 1.48x | 4.37x | GBX402.73 Million |
| 2007 | 40.07% | 7.68% | 1.60x | 3.27x | GBX495.22 Million |
| 2008 | 41.99% | 9.11% | 1.26x | 3.66x | GBX626.03 Million |
| 2009 | 24.40% | 5.61% | 1.25x | 3.49x | GBX299.83 Million |
| 2010 | 24.27% | 5.52% | 1.33x | 3.30x | GBX309.44 Million |
| 2011 | 22.89% | 6.28% | 1.33x | 2.75x | GBX344.65 Million |
| 2012 | 16.70% | 4.69% | 1.37x | 2.61x | GBX187.08 Million |
| 2013 | 18.10% | 4.52% | 1.32x | 3.02x | GBX202.96 Million |
| 2014 | 19.38% | 5.09% | 1.30x | 2.92x | GBX254.07 Million |
| 2015 | 15.21% | 4.72% | 1.26x | 2.56x | GBX166.54 Million |
| 2016 | 11.81% | 3.85% | 1.25x | 2.46x | GBX62.38 Million |
| 2017 | 3.71% | 1.10% | 1.28x | 2.63x | GBX-198.53 Million |
| 2018 | 0.87% | 0.24% | 1.42x | 2.55x | GBX-269.97 Million |
| 2019 | 1.56% | 0.40% | 1.44x | 2.69x | GBX-226.40 Million |
| 2020 | 0.64% | 0.23% | 1.00x | 2.75x | GBX-346.55 Million |
| 2021 | -8.67% | -2.16% | 1.06x | 3.78x | GBX-426.30 Million |
| 2022 | 10.52% | 2.82% | 1.15x | 3.24x | GBX15.23 Million |
| 2023 | 12.93% | 3.05% | 1.31x | 3.24x | GBX82.35 Million |
| 2024 | 15.23% | 3.31% | 1.50x | 3.07x | GBX148.08 Million |
| 2025 | 10.06% | 2.14% | 1.57x | 3.00x | GBX1.69 Million |
| 2026 | 8.49% | 1.50% | 1.71x | 3.31x | GBX-46.21 Million |
Industry Comparison
This section compares Marks and Spencer Group PLC's net assets metrics with peer companies in the Department Stores industry.
No peer company data available for comparison.
About Marks and Spencer Group PLC
Marks and Spencer Group plc operates various retail stores. It operates through Fashion, Home & Beauty; Food; International; and Ocado segments. The company offers womenswear, menswear, lingerie, kids wear, beauty, and home products through UK and ROI, retail stores, and online. It also provides meat, fish, protein deli and dairy; produce and floral; meals, frozen, and food on the move; core bask… Read more