Metro AG engages in the food wholesale business.
Price History & Performance
|Historical stock prices|
|Current Share Price||€10.79|
|52 Week High||€7.35|
|52 Week Low||€11.85|
|1 Month Change||-7.90%|
|3 Month Change||1.36%|
|1 Year Change||23.20%|
|3 Year Change||-21.19%|
|5 Year Change||n/a|
|Change since IPO||-40.25%|
Recent News & Updates
We Think You Can Look Beyond Metro's (ETR:B4B) Lackluster Earnings
Soft earnings didn't appear to concern Metro AG's ( ETR:B4B ) shareholders over the last week. We think that the softer...
Are Investors Undervaluing Metro AG (ETR:B4B) By 35%?
How far off is Metro AG ( ETR:B4B ) from its intrinsic value? Using the most recent financial data, we'll take a look...
|B4B||DE Consumer Retailing||DE Market|
Return vs Industry: B4B exceeded the German Consumer Retailing industry which returned 7.8% over the past year.
Return vs Market: B4B matched the German Market which returned 22.5% over the past year.
Stable Share Price: B4B is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: B4B's weekly volatility (3%) has been stable over the past year.
About the Company
Metro AG engages in the food wholesale business. It operates 678 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities in Europe and Asia. The company also develops digital solutions and offers food delivery services.
Metro Fundamentals Summary
|B4B fundamental statistics|
Is B4B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|B4B income statement (TTM)|
|Cost of Revenue||€20.01b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Dec 15, 2021
|Earnings per share (EPS)||0.057|
|Net Profit Margin||0.082%|
How did B4B perform over the long term?See historical performance and comparison
6.5%Current Dividend Yield
Is Metro undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: B4B (€10.79) is trading below our estimate of fair value (€11.48)
Significantly Below Fair Value: B4B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: B4B is poor value based on its PE Ratio (195.8x) compared to the European Consumer Retailing industry average (19.6x).
PE vs Market: B4B is poor value based on its PE Ratio (195.8x) compared to the German market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: B4B is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: B4B is good value based on its PB Ratio (2.1x) compared to the XE Consumer Retailing industry average (2.4x).
How is Metro forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B4B's forecast earnings growth (73.3% per year) is above the savings rate (0.01%).
Earnings vs Market: B4B's earnings (73.3% per year) are forecast to grow faster than the German market (12% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: B4B's revenue (3.5% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: B4B's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: B4B's Return on Equity is forecast to be low in 3 years time (13%).
How has Metro performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B4B has a large one-off loss of €75.0M impacting its June 30 2021 financial results.
Growing Profit Margin: B4B's current net profit margins (0.08%) are lower than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: B4B's earnings have declined by 34.5% per year over the past 5 years.
Accelerating Growth: B4B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: B4B had negative earnings growth (-75%) over the past year, making it difficult to compare to the Consumer Retailing industry average (17.1%).
Return on Equity
High ROE: B4B's Return on Equity (1.3%) is considered low.
How is Metro's financial position?
Financial Position Analysis
Short Term Liabilities: B4B's short term assets (€4.8B) do not cover its short term liabilities (€6.2B).
Long Term Liabilities: B4B's short term assets (€4.8B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: B4B's debt to equity ratio (267.4%) is considered high.
Reducing Debt: B4B's debt to equity ratio has increased from 149.7% to 267.4% over the past 5 years.
Debt Coverage: B4B's debt is well covered by operating cash flow (28%).
Interest Coverage: B4B's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Metro current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: B4B's dividend (6.49%) is higher than the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: B4B's dividend (6.49%) is in the top 25% of dividend payers in the German market (3.16%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, B4B has been paying a dividend for less than 10 years.
Growing Dividend: B4B has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1224.7%), B4B's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: B4B's dividends in 3 years are forecast to be covered by earnings (73.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Steffen Greubel serves as Chief Executive Officer and Chairman of Management Board at Metro AG since May 1, 2021. Dr. Greubel served as an Executive Vice President at Würth Group from July 01, 2014 and...
Experienced Management: B4B's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: B4B's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Metro AG's employee growth, exchange listings and data sources
- Name: Metro AG
- Ticker: B4B
- Exchange: XTRA
- Founded: NaN
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: €3.921b
- Shares outstanding: 363.10m
- Website: https://www.metroag.de
Number of Employees
- Metro AG
- Metro-Strasse 1
- North Rhine-Westphalia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 21:34|
|End of Day Share Price||2021/09/16 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.