Monro, Inc.

NasdaqGS:MNRO Stock Report

Market Cap: US$745.1m

Monro Valuation

Is MNRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MNRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MNRO ($25.21) is trading below our estimate of fair value ($65.95)

Significantly Below Fair Value: MNRO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MNRO?

Key metric: As MNRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MNRO. This is calculated by dividing MNRO's market cap by their current earnings.
What is MNRO's PE Ratio?
PE Ratio29x
EarningsUS$26.03m
Market CapUS$745.14m

Price to Earnings Ratio vs Peers

How does MNRO's PE Ratio compare to its peers?

The above table shows the PE ratio for MNRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.5x
ARKO Arko
42.8x31.6%US$780.3m
SAH Sonic Automotive
11x10.7%US$2.2b
AAP Advance Auto Parts
52.8x49.5%US$2.5b
CANG Cango
31.3xn/aUS$834.9m
MNRO Monro
29x19.6%US$745.1m

Price-To-Earnings vs Peers: MNRO is good value based on its Price-To-Earnings Ratio (29x) compared to the peer average (34.5x).

Price to Earnings Ratio vs Industry

How does MNRO's PE Ratio compare vs other companies in the US Specialty Retail Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
1.9xn/aUS$14.65m
SSOK Sunstock
0.8xn/aUS$556.28k
MASN Maison Luxe
0.09xn/aUS$168.03k
CONN.Q Conn's
n/an/aUS$2.49k
MNRO 29.0xIndustry Avg. 16.1xNo. of Companies10PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MNRO is expensive based on its Price-To-Earnings Ratio (29x) compared to the US Specialty Retail industry average (16.1x).

Price to Earnings Ratio vs Fair Ratio

What is MNRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MNRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29x
Fair PE Ratio14.4x

Price-To-Earnings vs Fair Ratio: MNRO is expensive based on its Price-To-Earnings Ratio (29x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MNRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$25.21
US$29.75
+18.0%
5.5%US$31.00US$27.00n/a4
Dec ’25US$28.12
US$29.33
+4.3%
5.8%US$31.00US$27.00n/a3
Nov ’25US$27.65
US$29.33
+6.1%
5.8%US$31.00US$27.00n/a3
Oct ’25US$28.87
US$28.50
-1.3%
5.3%US$30.00US$27.00n/a2
Sep ’25US$27.09
US$28.50
+5.2%
5.3%US$30.00US$27.00n/a2
Aug ’25US$29.02
US$28.50
-1.8%
5.3%US$30.00US$27.00n/a2
May ’25US$26.71
US$29.00
+8.6%
3.4%US$30.00US$28.00n/a2
Apr ’25US$30.61
US$29.00
-5.3%
3.4%US$30.00US$28.00n/a2
Mar ’25US$33.36
US$29.00
-13.1%
3.4%US$30.00US$28.00n/a2
Feb ’25US$32.26
US$30.33
-6.0%
6.8%US$33.00US$28.00n/a3
Jan ’25US$29.34
US$28.00
-4.6%
5.8%US$30.00US$26.00n/a3
Dec ’24US$29.90
US$28.00
-6.4%
5.8%US$30.00US$26.00US$28.123
Nov ’24US$24.60
US$28.00
+13.8%
5.8%US$30.00US$26.00US$27.653
Oct ’24US$27.77
US$36.67
+32.0%
6.4%US$40.00US$35.00US$28.873
Sep ’24US$33.58
US$37.50
+11.7%
6.7%US$40.00US$35.00US$27.092
Aug ’24US$36.06
US$37.50
+4.0%
6.7%US$40.00US$35.00US$29.022
Jul ’24US$40.63
US$42.50
+4.6%
5.9%US$45.00US$40.00US$23.502
Jun ’24US$41.34
US$42.50
+2.8%
5.9%US$45.00US$40.00US$23.652
May ’24US$48.90
US$43.50
-11.0%
3.4%US$45.00US$42.00US$26.712
Apr ’24US$49.43
US$43.50
-12.0%
3.4%US$45.00US$42.00US$30.612
Mar ’24US$49.95
US$43.50
-12.9%
3.4%US$45.00US$42.00US$33.362
Feb ’24US$53.05
US$43.50
-18.0%
3.4%US$45.00US$42.00US$32.262
Jan ’24US$45.20
US$43.50
-3.8%
3.4%US$45.00US$42.00US$29.342
Dec ’23US$45.96
US$43.50
-5.4%
3.4%US$45.00US$42.00US$29.902

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:59
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/28
Annual Earnings2024/03/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Monro, Inc. is covered by 22 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bret JordanAvondale Partners
Jonathan LamersBMO Capital Markets Equity Research
Ali-Ahmad FaghriCRT Capital Group