Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Metcash's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MTS's weekly volatility (3%) has been stable over the past year.
7 Day Return
AU Consumer Retailing
1 Year Return
AU Consumer Retailing
Return vs Industry: MTS exceeded the Australian Consumer Retailing industry which returned 3.3% over the past year.
Return vs Market: MTS exceeded the Australian Market which returned 26.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Metcash's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Metcash Limited (ASX:MTS) Popular Amongst Institutions?
1 month ago | Simply Wall StThe Returns At Metcash (ASX:MTS) Aren't Growing
2 months ago | Simply Wall StShareholders Of Metcash (ASX:MTS) Must Be Happy With Their 140% Total Return
Is Metcash undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MTS (A$4.01) is trading above our estimate of fair value (A$3.33)
Significantly Below Fair Value: MTS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MTS is good value based on its PE Ratio (17.1x) compared to the Oceanic Consumer Retailing industry average (22.4x).
PE vs Market: MTS is good value based on its PE Ratio (17.1x) compared to the Australian market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: MTS is poor value based on its PEG Ratio (18.8x)
Price to Book Ratio
PB vs Industry: MTS is good value based on its PB Ratio (3.2x) compared to the AU Consumer Retailing industry average (5.3x).
How is Metcash forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTS's forecast earnings growth (0.9% per year) is below the savings rate (1.9%).
Earnings vs Market: MTS's earnings (0.9% per year) are forecast to grow slower than the Australian market (12.5% per year).
High Growth Earnings: MTS's earnings are forecast to grow, but not significantly.
Revenue vs Market: MTS's revenue (1.7% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: MTS's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTS's Return on Equity is forecast to be low in 3 years time (18.5%).
How has Metcash performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTS has high quality earnings.
Growing Profit Margin: MTS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MTS's earnings have declined by 3.8% per year over the past 5 years.
Accelerating Growth: MTS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MTS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (15.1%).
Return on Equity
High ROE: MTS's Return on Equity (18.7%) is considered low.
How is Metcash's financial position?
Financial Position Analysis
Short Term Liabilities: MTS's short term assets (A$2.8B) exceed its short term liabilities (A$2.4B).
Long Term Liabilities: MTS's short term assets (A$2.8B) exceed its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: MTS is debt free.
Reducing Debt: MTS has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
Debt Coverage: MTS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTS has no debt, therefore coverage of interest payments is not a concern.
What is Metcash current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MTS's dividend (4.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.01%).
High Dividend: MTS's dividend (4.74%) is low compared to the top 25% of dividend payers in the Australian market (5%).
Stability and Growth of Payments
Stable Dividend: MTS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTS's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.8%), MTS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTS's dividends in 3 years are forecast to be covered by earnings (70.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jeffery K. Adams, also known as Jeff, BA (Business Administration and Management) has been Group Chief Executive Officer and Executive Director of Metcash Limited since December 5, 2017. Mr. Adams has...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.33M) is above average for companies of similar size in the Australian market ($USD1.70M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: MTS's management team is considered experienced (2 years average tenure).
Experienced Board: MTS's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Metcash Limited's company bio, employee growth, exchange listings and data sources
- Name: Metcash Limited
- Ticker: MTS
- Exchange: ASX
- Founded: 1920
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: AU$4.100b
- Shares outstanding: 1.02b
- Website: https://www.metcash.com
Number of Employees
- Metcash Limited
- 1 Thomas Holt Drive
- Macquarie Park
- New South Wales
Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of pro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 08:04|
|End of Day Share Price||2021/07/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.