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Added to YB: 2026-06-23

Pitch date: 2026-06-20

MARS.L [neutral]

Marston's PLC

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

Marston's PLC engages in the hospitality business in the United Kingdom. Its hospitality business consists of estate of pubs comprising managed, franchised, and tenanted and leased pubs.

Market Cap

GBP 304.4M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.04

P/E

4.08

EV/Sales

1.77

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Oak Bloke Bonkers Conkers 20th June 2026 - Marston's PLC

MARS.L (update): UK pub operator, properties valued at FMT (8-9x P/E, conservative vs prior years) not overstated per author's rebuttal; £1.79bn freehold est. Value/pub rising, ROI strong. Stock +8% to ~49p since 45p. 2026 World Cup tailwind not priced in (pub sales surging); Grandstand format reusable yearly. Shareholder perks at 500+ shares. Author sees a bargain.

Read full article (3 min)