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Mitchells & Butlers plc (MAB.L)

GBp265.00 +1.00 (+0.38%)
GB LSE Consumer Cyclical Restaurants
Address 27 Fleet Street B3 1JP
Birmingham, GB
CEO Philip Charles Urban
Website mbplc.com
IPO 2003-03-31
ISIN GB00B1FP6H53

Explore sections of this company profile

Also trades on London Stock Exchange · MAB.L (GBp) Other OTC · MBPFF (USD)
Description

Mitchells & Butlers plc is a prominent hospitality company overseeing a large portfolio of pubs, bars, and restaurants across the United Kingdom and Germany. Its extensive roster of brands includes well-known names such as Alex, All Bar One, Browns, Castle, Ember Inns, Harvester, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns. Beyond its core hospitality offerings, the firm also engages in leisure retail, property leasing, management, and development, and various financing endeavors. Furthermore, it functions as a healthcare trustee. The company holds ownership of numerous trademarks. As of September 25, 2021, its operational footprint encompassed 1,732 establishments, including pubs, bars, and restaurants. Established in 1898, Mitchells & Butlers plc maintains its headquarters in Birmingham, UK, and functions as a subsidiary of Odyzean Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp265.00 +1.00 (+0.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
504.4K
Beta
1.29
Float Shares
246.87M
Free Float %
41.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.70% -8.88% -11.83% -21.03% -5.13% -11.66% -19.65% +11.70% -28.48% -11.60% -6.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
265.00
DCF (Unlevered) 1,511.88 +470.5%
DCF (Levered) 1,656.20 +525.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 78% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 7 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.97
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Restaurants: +7.4%
    +3.9% Q2'26: +6.7% (vs Q2'24)
  • EPS growth Restaurants: +14.8%
    +16.0% Q2'26: +28.6% (vs Q2'24)
  • FCF margin FCF growth · Restaurants: +21.6%
    +6.4% Q2'26: +9.2% (vs Q2'24)
  • EBIT margin Restaurants: +6.1%
    +12.5% Q2'26: +12.1% (vs Q2'24)
  • ROIC Restaurants: +6.2%
    +6.1% Q2'26: +13.2% (vs Q2'24)
  • Share dilution Restaurants: +0.0%
    +0.2% Q2'26: +0.3% (vs Q2'24)
  • Debt / EBITDA Net debt/EBITDA · Restaurants: 0.72×
    3.19× Q2'26: 1.94× (vs Q2'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.30) × ERP
WACC = 48% × Ke + 52% × Kd (6.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,511.88 Current price: 265.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2009
actual
Sep 2010
actual
Sep 2011
actual
Sep 2012
actual
Sep 2013
actual
Sep 2014
actual
Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
8 Rev. Ana.
6 EPS Ana.
Sep 2027
8 Rev. Ana.
6 EPS Ana.
Sep 2028
3 Rev. Ana.
3 EPS Ana.
Revenue
1.96B
est: 1.96B (0.0%)
1.98B
est: 2.01B (-1.3%)
1.80B
est: 1.80B (0.0%)
1.89B
est: 1.89B (-0.1%)
1.90B
est: 1.93B (-1.8%)
1.97B
est: 2.00B (-1.3%)
2.10B
est: 2.10B (+0.0%)
2.09B
est: 2.10B (-0.7%)
2.18B
est: 2.13B (+2.1%)
2.15B
est: 2.17B (-0.8%)
2.24B
est: 2.23B (+0.2%)
1.48B
est: 1.38B (+7.1%)
1.07B
est: 1.05B (+1.7%)
2.21B
est: 2.19B (+0.9%)
2.50B
est: 2.42B (+3.6%)
2.61B
est: 2.64B (-1.0%)
2.71B
est: 2.72B (-0.4%)
2.80B
2.77B – 2.82B
+2.9% YoY
2.89B
2.87B – 2.92B
+3.2% YoY
2.96B
2.94B – 2.99B
+2.5% YoY
EBITDA
285.00M
est: -276.64M (+203.0%)
153.00M
est: -50.12M (+405.3%)
462.00M
est: -138.04M (+434.7%)
411.00M
est: 109.51M (+275.3%)
382.00M
est: 57.11M (+568.8%)
364.00M
est: 136.62M (+166.4%)
367.00M
est: 109.54M (+235.0%)
333.00M
est: 106.94M (+211.4%)
316.00M
est: 83.34M (+279.2%)
375.00M
est: 69.08M (+442.9%)
409.00M
est: 135.98M (+200.8%)
159.00M
est: 117.65M (+35.1%)
218.00M
est: 162.00M (+34.6%)
255.00M
est: 178.36M (+43.0%)
235.00M
est: 222.79M (+5.5%)
438.00M
est: 403.42M (+8.6%)
473.00M
est: 411.87M (+14.8%)
423.76M
419.31M – 426.44M
+2.9% YoY
437.35M
433.89M – 442.19M
+3.2% YoY
448.44M
444.33M – 452.36M
+2.5% YoY
EBIT
157.00M
est: -72.21M (+317.4%)
26.00M
est: 159.57M (-83.7%)
352.00M
est: 23.31M (+1,410.4%)
300.00M
est: 284.31M (+5.5%)
272.00M
est: 225.40M (+20.7%)
255.00M
est: 292.91M (-12.9%)
256.00M
est: 286.32M (-10.6%)
220.00M
est: 267.35M (-17.7%)
202.00M
est: 234.77M (-14.0%)
256.00M
est: 211.29M (+21.2%)
291.00M
est: 262.68M (+10.8%)
5.00M
est: 189.91M (-97.4%)
79.00M
est: 261.49M (-69.8%)
123.00M
est: 287.89M (-57.3%)
103.00M
est: 359.62M (-71.4%)
308.00M
est: 534.38M (-42.4%)
338.00M
est: 545.57M (-38.0%)
561.32M
555.43M – 564.88M
+2.9% YoY
579.32M
574.75M – 585.73M
+3.2% YoY
594.01M
588.57M – 599.20M
+2.5% YoY
Net Income
4.00M
est: -179.00M (+102.2%)
-84.00M
est: 4.09M (-2,153.0%)
125.00M
est: -75.29M (+266.0%)
70.00M
est: 131.63M (-46.8%)
128.00M
est: 71.39M (+79.3%)
93.00M
est: 139.73M (-33.4%)
103.00M
est: 100.86M (+2.1%)
89.00M
est: 101.99M (-12.7%)
63.00M
est: 90.45M (-30.4%)
104.00M
est: 64.00M (+62.5%)
143.00M
est: 107.13M (+33.5%)
-112.00M
est: 91.44M (-222.5%)
-65.00M
est: 125.90M (-151.6%)
13.00M
est: 138.61M (-90.6%)
-4.00M
est: -4.00M (+0.0%)
149.00M
est: 149.00M (+0.0%)
177.00M
est: 176.99M (+0.0%)
187.45M
182.41M – 192.48M
+5.9% YoY
192.97M
192.14M – 211.40M
+2.9% YoY
218.06M
215.46M – 220.54M
+13.0% YoY
SGA
423.00M
est: 12.20M (+3,365.9%)
413.10M
est: -45.01M (+1,017.8%)
348.00M
est: 896.4K (+38,724.1%)
409.40M
est: 2.15M (+18,930.4%)
11.00M
est: 2.19M (+401.3%)
10.00M
est: 612.72M (-98.4%)
15.00M
est: 676.76M (-97.8%)
12.00M
est: 666.40M (-98.2%)
7.00M
est: 717.52M (-99.0%)
7.00M
est: 780.16M (-99.1%)
7.00M
est: 784.95M (-99.1%)
4.00M
est: 513.45M (-99.2%)
3.00M
est: 707.00M (-99.6%)
2.00M
est: 778.36M (-99.7%)
3.00M
est: 972.29M (-99.7%)
2.00M
est: 3.03M (-34.1%)
est: 3.10M (-100.0%)
3.19M
3.15M – 3.21M
+2.9% YoY
3.29M
3.26M – 3.33M
+3.2% YoY
3.37M
3.34M – 3.40M
+2.5% YoY
EPS
0.01
est: 0.23 (-96.1%)
-0.19
est: 0.30 (-164.2%)
0.28
est: 0.28 (-0.7%)
0.15
est: 0.32 (-52.5%)
0.31
est: 0.35 (-10.8%)
0.23
est: 0.36 (-35.9%)
0.25
est: 0.32 (-21.9%)
0.22
est: 0.32 (-30.4%)
0.15
est: 0.31 (-51.7%)
0.24
est: 0.30 (-19.0%)
0.30
est: 0.33 (-9.3%)
-0.24
est: -0.14 (-77.6%)
-0.11
est: -0.28 (+61.1%)
0.02
est: 0.14 (-84.8%)
-0.01
est: 0.14 (-105.0%)
0.25
est: 0.25 (-1.8%)
0.30
est: 0.30 (+1.5%)
0.31
0.30 – 0.32
+6.4% YoY
0.34
0.32 – 0.35
+7.4% YoY
0.36
0.36 – 0.37
+7.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-21 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-20 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-19 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-18 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-15 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-14 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-13 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-12 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-11 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-08 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-07 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-06 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-05 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-01 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-30 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-29 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-28 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-27 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-24 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-23 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-22 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-17 A 4/5 5/5 3/5 5/5 1/5 4/5 5/5
2026-04-16 A 4/5 5/5 3/5 5/5 1/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.45B
OE per share TTM
2.41
Owner's Yield
104.88%
Maintenance CapEx ratio
85.79%
Maint CapEx / Avg PPE
220.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 70 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Tweedy, Browne International Insider + Value ETF ICPY 0.83% 574.2K 0.80%
2 Tweedy, Browne Insider + Value ETF COPY 0.56% 1.75M 0.89%
3 Fidelity Investment Trust - Fidelity Special Values PLC FSV.L 0.46% 8.10M 0.27%
4 Amundi Prime UK Mid & Small Cap UCITS ETF DR - GBP (D) PRUK.L 0.38% 1.63M 0.05%
5 HSBC FTSE 250 UCITS ETF HMCX.L 0.22% 151.4K 0.09%
6 Invesco FTSE 250 UCITS ETF S250.L 0.22% 79.6K 0.12%
7 iShares FTSE 250 UCITS ETF MIDD.L 0.22% 1.89M 0.40%
8 Xtrackers FTSE 250 UCITS ETF 1D XMCX.L 0.21% 80.5K 0.15%
9 Vanguard FTSE 250 UCITS ETF VMIG.MI 0.20% 5.25M 0.10%
10 Vanguard FTSE 250 UCITS ETF (GBP) Distributing VMID.DE 0.20% 5.25M 0.10%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.8K
Shares Outstanding
593.58M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Philip Urban Chief Executive Officer & Executive Director 1M male
Emma Harris Chief Financial Officer & Executive Director 989.0K female
Timothy Charles Jones Chief Financial Officer & Executive Director 989.0K male
Andrew Freeman Group General Counsel & Company Secretary male
Chris Hopkins Commercial & Marketing Director male
Susan Katrina Martindale Group HR Director female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits