Mears Group Plc (GB:MER)
LSE:MER
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MER Stock Chart & Stats
377.00 p
27.00 p(7.77%)
At close: 4:00 PM EST
377.00 p
27.00 p(7.77%)
Day’s Range― - ―
52-Week Range310.00 p - 422.00 p
Previous CloseN/A
Volume109.20K
Average Volume (3M)162.47K
Market Cap
£318.02M
Enterprise Value607.51M
Total Cash (Recent Filing)£48.48M
Total Debt (Recent Filing)£318.72M
Price to Earnings (P/E)7.0
Beta0.40
Next Earnings
Aug 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.65%
Share Statistics
EPS (TTM)0.56
Shares Outstanding84,680,550
10 Day Avg. Volume185,388
30 Day Avg. Volume162,471
Financial Highlights & Ratios
PEG Ratio1.14
Price to Book (P/B)1.47
Price to Sales (P/S)0.26
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£542.50Price Target Upside43.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.45
Revenue Forecast (FY)£1.04B
Bulls Say, Bears Say
Bulls Say
Operating Profitability RecoveryA structural turnaround from losses in 2020 to sustained positive operating earnings through 2023–2025 indicates meaningful operational improvement and better contract execution. This durability strengthens contract competitiveness, underpins repeatable earnings and supports longer-term margin stability as the business scales.
Consistent Cash GenerationRecurring positive operating and free cash flow across reported years demonstrates a durable ability to convert contracted work into cash. That steady cash generation supports working capital for multi‑year public‑sector contracts, funds reinvestment and dividends, and reduces dependency on external funding over the medium term.
High Returns On EquitySustained high-teens to mid‑20s ROE indicates effective capital allocation and profitable use of assets and contracts. Persistent strong ROE is a durable competitive advantage, signaling management ability to extract value from the asset base and support shareholder returns even with modest margins.
Bears Say
Thin Net Profit MarginsNet margins near 4% provide limited cushion against cost inflation, contract underperformance, or pricing pressure in public‑sector work. Structurally low margins reduce retained earnings for reinvestment, make profitability sensitive to small cost shocks, and limit the company’s ability to self‑fund growth without raising capital.
Elevated LeverageA balance sheet where debt exceeds equity and has increased since 2022 heightens interest‑rate and refinancing sensitivity. Elevated leverage constrains financial flexibility, can raise borrowing costs, and may limit capacity to bid for larger contracts or absorb temporary earnings volatility without increasing liquidity risk.
Weaker Free Cash Flow Conversion In 2025A sharp fall in free cash flow and conversion to about half of net income in 2025 reduces the firm’s ability to service debt, fund capex or pay dividends from operations. If this weaker conversion persists, management may need to seek external funding or cut discretionary spending, tightening strategic flexibility.
Mears Group Plc News
MER FAQ
What was Mears Group Plc’s price range in the past 12 months?
Mears Group Plc lowest share price was 310.00 p and its highest was 422.00 p in the past 12 months.
What is Mears Group Plc’s market cap?
Mears Group Plc’s market cap is £318.02M.
When is Mears Group Plc’s upcoming earnings report date?
Mears Group Plc’s upcoming earnings report date is Aug 06, 2026 which is in 60 days.
How were Mears Group Plc’s earnings last quarter?
Mears Group Plc released its earnings results on Mar 26, 2026. The company reported 0.273 p earnings per share for the quarter, beating the consensus estimate of N/A by 0.273 p.
Is Mears Group Plc overvalued?
According to Wall Street analysts Mears Group Plc’s price is currently Undervalued.
Does Mears Group Plc pay dividends?
Mears Group Plc pays a Quarterly dividend of 5.6 p which represents an annual dividend yield of 4.65%. See more information on Mears Group Plc dividends here
What is Mears Group Plc’s EPS estimate?
Mears Group Plc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mears Group Plc have?
Mears Group Plc has 84,680,550 shares outstanding.
What happened to Mears Group Plc’s price movement after its last earnings report?
Mears Group Plc reported an EPS of 0.273 p in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.322%.
Which hedge fund is a major shareholder of Mears Group Plc?
Currently, no hedge funds are holding shares in GB:MER
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mears Group Plc Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
£542.50 (43.90% Upside)
£542.50 (43.90% Upside)
Blogger Sentiment
Bullish
GB:MER Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth £639.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.38%
12-Months-Change
Fundamentals
Return on Equity
23.94%
Trailing 12-Months
Asset Growth
5.53%
Trailing 12-Months
Company Description
Mears Group Plc
Mears Group plc, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. The company also provides housing management services, which include supply of affordable homes to public and private sectors, emergency and temporary accommodation services, affordable housing services, housing with care services, and housing services to government departments. In addition, it offers house building services; and facilities management services to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. The company was founded in 1988 and is headquartered in Gloucester, the United Kingdom.
MER Stock 12 Month Forecast
Average Price Target
542.50 p
▲(43.90% Upside)
Technical Analysis
Options Prices
Currently, No data available
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