Obermatt

Mears

LSE:MER · GB0005630420
Commercial Services & SuppliesMedium

360

33
EV / EBIT49
Price / Owner Earnings14
Owner Earnings Yield31
Dividend Yield85
Price/Sales79
EV / Gross Profit62
Price/Book53
Return on Capital76
Cash Return on Capital29
Return on Equity94
EBIT Margin46
Gross Profitability59
Cash Conversion52
Accruals74
Owner Earnings Margin25
Sales growth4
Profit Growth27
Long-Term EPS Growth1
Owner Earnings Growth20
Reinvestment71
Price momentum41
Debt load15
Refinancing28
Debt Payback16
Liquidity47
Analyst ratings100
Opinion Changes50
Price Target Upside51
Market mood34
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Mears clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUK
IndustryCommercial Services & Supplies
SizeMedium
TypePublic Company
ExchangeLSE
Founded1996
Employees1,690
ISINGB0005630420
Last UpdateApr 2, 2026
Themes
Assisted LivingHome ImprovementCommunitiesReal Estate

Description

Mears Group PLC provides housing and care services. The company focuses on offering solutions for social housing and related services aimed at both public and private sector clients. The company is involved in the maintenance, repair, and refurbishm…

Analysis

Middle-of-the-road

Mears Group plc is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 42.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 16% yearly growth; analysts expect -7%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is weak and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
59
2023202420252026

All-time high

89

Jan 2023

All-time low

59

Jun 2026

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
79
74
81
93
Price/Earnings
72
76
36
78
Price/Book
53
56
63
84
Dividend Yield
85
83
73
83
Value (overall)
85
85
62
82

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →