This report provides a comprehensive financial analysis and equity valuation of Marks and Spencer (M&S). It utilizes various methods, including Economic Value Added (EVA) analysis, Total Shareholder Return (TSR), Net Asset Value (NAV), and comparable ratio analysis to assess M&S's financial health and performance over a five-year period. The report also employs a Discounted Cash Flow (DCF) model to estimate the company's equity value. The analysis includes detailed calculations and interpretations of key financial metrics such as EVA, TSR, NAVPS, and P/E ratios, comparing M&S's performance with its competitors. The findings reveal insights into M&S's shareholder returns, investment attractiveness, and overall financial position, highlighting strengths and weaknesses. The report concludes with an overview of the company's financial outlook and investment potential.