Is now a good time to buy shares in Marks & Spencer PLC (500words) Essay

Is forthwith a good time to buy shares in Marks & Spencer PLC (500words) - Essay ExampleA historic review of the financial performance of the firm would suggest that its performance during last five years cod remained consistent i.e. the overall revenue of the firm increased from $14.726Billion, in 2004, to $17.990 Billion in 2008- a proceeds of more than 22%. It is also critical to note however that the firm recorded negative yield in revenue during 2005 & 2006. (Hoovers.com, 2008). Operating Profit of the company showed an improved performance by recording a growth of over 65% during the same period i.e. Operating Income was $1.461 Billion in 2004, whereas in walk 2008, it was 2.415Billion. The Net Operating Cash flows during last five years have been lordly and have shown spacious growth from 2004 to 2008. Net Operating Cash Flows were $633.5 Million in 2004, whereas during 2008, Marks & Spencer recorded net positive cash flows of $2.133Billion. Return on equity remained co nsistent during last five years i.e. 0.6% in 2004 & 1.2% in 2008.