Mears Group plc

MER · LSE · Consumer Cyclical / Personal Services

441.50GBX-1.00 (-0.23%)

Price History

Full chart

Market Stats

Previous Close442.50

Open441.50

Day Range440.00 – 447.50

52-Week Range304.34 – 453.03

Volume58.94K

Market Cap321.64M

P/E (TTM)6.64

Forward P/E10.18

EPS0.62

Dividend Yield4.40%

Beta0.46

50-Day Avg423.46

200-Day Avg389.75

About

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers response and planned maintenance services; gas and repair services; and maintenance and repairs, regeneration solutions for public buildings, and social housing retrofitting program, as well as grounds maintenance services. It also provides housing management services, which include tenancy, lease and property management; supply of affordable homes to public and private sectors; emergency and temporary accommodation services; affordable housing/social housing management; housing with care services; private rented sector; mears housing solutions; and housing services to central government departments. In addition, the company offers house building services; and facilities management services that includes asset, project, and lifecycle management, electrical and water compliance, cleaning maintenance, and contract management to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. Further, the company provides housing technology; insurance; property acquisition; and housing registered services, as well as online marketplace for housing maintenance. Mears Group plc was founded in 1988 and is based in Gloucester, the United Kingdom.

Company Details

SectorConsumer Cyclical
IndustryPersonal Services
CEOMr. Lucas J. Critchley
Employees5.75K
Headquarters5220 Valiant Court, Gloucester, United Kingdom, GL3 4FE, UK
Websitehttps://www.mearsgroup.co.uk

Leadership

Mr. Lucas J. CritchleyCEO & Executive Director · b. 1982
Mr. Andrew C. M. SmithCFO & Executive Director · b. 1972
Mark Fenton-SmithOperations Director
Mr. Jason BurtGroup Director of Health, Safety, & Compliance · b. 1966
Mr. John TaylorChief Operating Officer of Mears Housing
Jonathan Mallen-BeadleManaging Director of Mears Living
Mr. Mark SeabornManaging Director of Pennington Choices Limited
Mr. Ben Westran A.C.A.Company Secretary · b. 1977

Financials

Income Statement

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	6.18M	7.48M	10.72M	12.44M	15.66M	19.64M	47.46M	70.68M	68.58M	78.83M	112.27M	173.69M	203.54M	241.41M	304.62M	420.38M	470.15M	523.93M	588.97M	679.52M	865.57M	838.74M	881.14M	940.10M	900.18M	869.84M	905.08M	805.82M	878.42M	959.61M	1.09B	1.13B	1.14B
Growth (%)	-	+21.08%	+43.28%	+16.03%	+25.89%	+25.37%	+141.69%	+48.94%	-2.97%	+14.95%	+42.41%	+54.70%	+17.19%	+18.61%	+26.18%	+38.00%	+11.84%	+11.44%	+12.41%	+15.37%	+27.38%	-3.10%	+5.06%	+6.69%	-4.25%	-3.37%	+4.05%	-10.97%	+9.01%	+9.24%	+13.52%	+3.96%	+0.26%
Cost of Revenue	-	-	-	-	-	15.46M	37.86M	55.11M	51.64M	58.76M	83.27M	128.77M	144.95M	174.40M	224.81M	309.72M	336.85M	373.40M	414.21M	495.62M	641.12M	613.70M	649.01M	695.21M	676.48M	662.83M	686.87M	649.53M	697.93M	763.93M	870.56M	881.50M	871.88M
Gross Profit	6.18M	7.48M	10.72M	12.44M	15.66M	4.18M	9.60M	15.57M	16.94M	20.07M	29.00M	44.92M	58.59M	67.02M	79.81M	110.66M	133.30M	150.53M	174.76M	183.90M	224.46M	225.04M	232.13M	244.89M	223.70M	207.02M	218.21M	156.29M	180.49M	195.69M	218.77M	251.01M	265.84M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	21.28%	20.23%	22.03%	24.70%	25.46%	25.83%	25.86%	28.78%	27.76%	26.20%	26.32%	28.35%	28.73%	29.67%	27.06%	25.93%	26.83%	26.34%	26.05%	24.85%	23.80%	24.11%	19.39%	20.55%	20.39%	20.08%	22.16%	23.41%
Operating Expense	5.93M	7.23M	10.54M	12.00M	15.02M	3.33M	8.37M	13.34M	14.36M	16.56M	24.28M	37.73M	48.82M	54.76M	64.24M	93.23M	113.53M	131.78M	152.03M	163.30M	200.87M	194.37M	204.31M	213.73M	195.19M	176.27M	184.77M	160.05M	156.94M	155.26M	167.10M	178.19M	189.02M
Operating Income	246.00K	257.00K	179.00K	437.00K	644.00K	851.00K	1.23M	2.23M	2.58M	3.51M	4.73M	7.19M	9.77M	12.26M	15.58M	17.43M	19.77M	18.75M	22.73M	20.60M	23.59M	30.67M	27.82M	31.16M	28.51M	30.75M	33.44M	-3.77M	23.55M	40.43M	51.67M	72.82M	76.82M
Operating Margin	3.98%	3.43%	1.67%	3.51%	4.11%	4.33%	2.59%	3.16%	3.76%	4.45%	4.21%	4.14%	4.80%	5.08%	5.11%	4.15%	4.21%	3.58%	3.86%	3.03%	2.73%	3.66%	3.16%	3.31%	3.17%	3.54%	3.69%	-0.47%	2.68%	4.21%	4.74%	6.43%	6.77%
EBITDA	273.00K	283.00K	210.00K	477.00K	704.00K	951.00K	1.40M	2.54M	2.91M	4.06M	5.53M	8.29M	11.30M	14.15M	19.01M	23.39M	27.14M	32.09M	34.30M	34.31M	40.80M	49.27M	45.17M	49.63M	47.38M	41.94M	76.20M	52.95M	82.65M	96.19M	117.70M	148.15M	157.51M
EBITDA Margin	4.42%	3.78%	1.96%	3.83%	4.49%	4.84%	2.95%	3.60%	4.24%	5.15%	4.93%	4.77%	5.55%	5.86%	6.24%	5.56%	5.77%	6.13%	5.82%	5.05%	4.71%	5.87%	5.13%	5.28%	5.26%	4.82%	8.42%	6.57%	9.41%	10.02%	10.81%	13.08%	13.87%
Net Income	177.00K	183.00K	82.00K	296.00K	452.00K	605.00K	897.00K	1.78M	2.14M	2.53M	3.25M	5.36M	7.21M	10.20M	10.93M	12.78M	13.96M	14.76M	16.91M	19.64M	-942.00K	25.29M	12.87M	21.53M	7.58M	24.06M	21.23M	44.52M	14.12M	28.31M	35.20M	46.53M	46.22M
Net Income Margin	2.86%	2.45%	0.76%	2.38%	2.89%	3.08%	1.89%	2.52%	3.12%	3.21%	2.89%	3.08%	3.54%	4.22%	3.59%	3.04%	2.97%	2.82%	2.87%	2.89%	-0.11%	3.01%	1.46%	2.29%	0.84%	2.77%	2.35%	5.52%	1.61%	2.95%	3.23%	4.11%	4.07%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.05M	1.15M	1.31M	1.84M	2.13M	2.41M	2.57M	2.63M	2.12M	1.85M	1.42M	1.48M	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12%	0.14%	0.15%	0.20%	0.24%	0.28%	0.28%	0.33%	0.24%	0.19%	0.13%	0.13%	-
Interest Expense	13.00K	15.00K	39.00K	21.00K	9.00K	37.00K	161.00K	307.00K	73.00K	1.00K	22.00K	68.00K	92.00K	118.00K	345.00K	1.11M	1.43M	1.45M	2.29M	2.92M	3.97M	3.60M	2.14M	2.94M	2.78M	3.47M	9.58M	10.29M	8.90M	8.37M	11.18M	13.75M	16.08M
Interest Expense % of Total Revenue	0.21%	0.20%	0.36%	0.17%	0.06%	0.19%	0.34%	0.43%	0.11%	0.00%	0.02%	0.04%	0.05%	0.05%	0.11%	0.26%	0.30%	0.28%	0.39%	0.43%	0.46%	0.43%	0.24%	0.31%	0.31%	0.40%	1.06%	1.28%	1.01%	0.87%	1.03%	1.21%	1.42%

Balance Sheet

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-06-30	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-06-30	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.44M	2.31M	3.19M	3.85M	5.46M	9.01M	26.26M	24.84M	25.20M	29.93M	46.24M	60.78M	66.96M	85.12M	144.87M	186.65M	213.62M	290.31M	334.13M	461.59M	475.66M	486.54M	495.97M	484.42M	476.01M	525.34M	760.25M	676.09M	633.92M	630.87M	-	700.01M	701.35M	740.11M
Total Liabilities	1.24M	1.93M	2.73M	2.24M	3.87M	6.14M	22.76M	19.81M	18.19M	20.39M	33.95M	40.91M	38.91M	47.11M	62.17M	90.94M	107.69M	148.75M	182.34M	292.77M	295.36M	292.07M	304.34M	285.75M	266.42M	315.06M	641.26M	520.04M	432.88M	417.04M	-	499.55M	513.88M	535.29M
Total Equity	198.00K	381.00K	463.00K	1.62M	1.56M	2.89M	3.53M	5.05M	6.99M	9.56M	12.20M	19.78M	28.05M	38.01M	82.69M	95.70M	105.93M	141.55M	151.78M	169.16M	180.87M	196.81M	192.87M	199.32M	209.49M	210.71M	119.08M	155.39M	200.24M	212.33M	-	197.51M	184.11M	201.75M
Cash	149.00K	1.00K	-	963.00K	326.00K	639.00K	2.88M	3.60M	4.58M	5.57M	3.41M	8.08M	9.77M	12.13M	15.25M	16.09M	23.51M	21.76M	46.57M	57.62M	79.55M	66.63M	68.61M	52.90M	24.77M	27.88M	72.91M	96.22M	54.63M	98.14M	-	138.76M	91.40M	48.48M
Total Debt	194.00K	347.00K	578.00K	19.00K	169.00K	1.29M	4.01M	4.21M	1.96M	-	1.81M	8.22M	2.83M	228.00K	51.00K	9.50M	17.00M	34.00M	61.73M	70.00M	80.00M	62.80M	67.79M	65.28M	50.56M	95.05M	393.39M	248.42M	216.89M	225.42M	-	291.14M	297.50M	318.72M
Net Debt	45.00K	346.00K	578.00K	-944.00K	-157.00K	651.00K	1.13M	608.00K	-2.61M	-5.57M	-1.60M	142.00K	-6.94M	-11.90M	-15.20M	-6.59M	-6.51M	12.24M	15.16M	12.38M	448.00K	-3.83M	-822.00K	12.37M	25.79M	67.17M	320.48M	152.20M	162.26M	127.28M	-	152.38M	206.10M	270.24M

Cash Flow

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	170.00K	-251.00K	-181.00K	592.00K	-226.00K	483.00K	878.00K	1.61M	3.74M	3.81M	2.61M	5.26M	8.30M	9.92M	11.95M	3.04M	19.19M	16.89M	15.52M	33.71M	32.19M	44.15M	34.07M	25.71M	15.54M	644.00K	95.32M	105.79M	56.67M	110.93M	135.89M	128.80M	100.30M
Investing Cash Flow	-10.00K	-11.00K	-24.00K	-2.00K	-521.00K	-1.86M	-1.36M	-1.17M	-627.00K	-749.00K	-826.00K	-3.60M	-3.48M	-4.85M	-31.51M	-9.48M	-15.31M	-30.75M	-10.97M	-24.99M	-29.83M	-27.48M	-24.62M	-23.13M	-27.50M	-40.57M	-5.48M	52.56M	-6.20M	-5.91M	-25.65M	-3.56M	-40.49M
Financing Cash Flow	-19.00K	-27.00K	-35.00K	845.00K	-27.00K	1.57M	285.00K	-138.00K	-989.00K	251.00K	-57.00K	-744.00K	-693.00K	-108.00K	22.91M	-2.21M	-3.96M	-4.89M	-5.73M	-7.68M	9.58M	-12.38M	-12.46M	-15.78M	-16.17M	43.04M	-44.65M	-135.19M	-92.06M	-61.52M	-95.08M	-147.14M	-99.41M
Capital Expenditure	19.00K	17.00K	29.00K	11.00K	43.00K	114.00K	810.00K	406.00K	665.00K	730.00K	829.00K	2.54M	3.13M	1.59M	3.54M	4.43M	4.53M	3.85M	5.41M	4.51M	4.83M	5.45M	7.28M	10.03M	19.51M	7.28M	11.52M	6.78M	8.77M	9.42M	25.85M	29.82M	45.24M
Free Cash Flow	151.00K	-268.00K	-210.00K	581.00K	-269.00K	369.00K	68.00K	1.20M	3.07M	3.08M	1.78M	2.72M	5.17M	8.33M	8.41M	-1.39M	14.66M	13.03M	10.11M	29.20M	27.36M	38.70M	26.80M	15.68M	-3.97M	-6.64M	83.79M	99.01M	47.90M	101.52M	110.05M	89.76M	55.05M
Dividends Paid	-	-	-	-	-	-	-	-	-	479.00K	623.00K	864.00K	1.23M	1.68M	2.54M	3.13M	3.71M	5.08M	5.96M	6.74M	8.12M	9.25M	10.45M	11.48M	12.22M	12.54M	13.81M	2.77M	2.77M	9.69M	11.76M	12.93M	13.89M
FCF to OCF	88.82%	106.77%	116.02%	98.14%	119.03%	76.40%	7.74%	74.75%	82.20%	80.84%	68.19%	51.73%	62.35%	83.94%	70.38%	-45.68%	76.40%	77.17%	65.13%	86.63%	85.00%	87.66%	78.65%	61.00%	-25.56%	-1030.75%	87.91%	93.59%	84.53%	91.51%	80.98%	69.69%	54.89%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-	15.55%	35.06%	31.74%	23.67%	20.13%	30.26%	-225.49%	25.30%	38.98%	59.00%	23.08%	29.67%	23.90%	38.98%	73.21%	-307.60%	-188.90%	16.48%	2.80%	5.79%	9.55%	10.69%	14.41%	25.22%

Earnings

Report Date	Jun 30, 2018
EPS Estimate	-
EPS Actual	5.91
Surprise	-
Timing	-

Key Statistics & Ratios

Market Cap321.64M

Enterprise Value563.84M

Trailing P/E6.64

Forward P/E10.18

PEG Ratio0.00

Price / Sales0.28

Price / Book1.54

EPS0.62

Book Value2.54

Revenue (TTM)1.14B

Gross Profit (TTM)269.41M

EBITDA87.52M

Profit Margin4.66%

Operating Margin6.29%

Return on Equity26.14%

Return on Assets6.29%

Shares Outstanding78.16M

Shares Float74.29M

Beta0.46

Dividend Yield4.40%

Dividend Rate0.18

Payout Ratio28.14%

Dividends

20262×

0.06Sep 10, 20260.12Jun 18, 2026

20252×

0.06Sep 11, 20250.11Jun 19, 2025

20242×

0.05Sep 12, 20240.09Jun 27, 2024

20232×

0.04Oct 5, 20230.07Jul 6, 2023

20222×

0.03Oct 6, 20220.06May 26, 2022

20211×

0.03Oct 7, 2021

20192×

0.04Oct 3, 20190.09Jun 13, 2019

20182×

0.04Oct 18, 20180.09Jun 14, 2018

20172×

0.03Oct 19, 20170.08Jun 15, 2017

20162×

0.03Oct 13, 20160.08Jun 16, 2016

20152×

0.03Oct 15, 20150.07Jun 11, 2015

20142×

0.03Oct 16, 20140.06Jun 11, 2014

20131×

0.03Oct 16, 2013