Metcash is a food distribution business based in Australia. Metcash shares (MTS) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Metcash has a trailing 12-month revenue of around $15.9 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $3.2291 - $3.9665 |
|---|---|
| 50-day moving average | $3.5954 |
| 200-day moving average | $3.6901 |
| Target price | $4.2 |
| PE ratio | 13.8077 |
| Dividend yield | $0.195 (5.43%) |
| Earnings per share (TTM) | $0.26 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$3.57
| 1 week (2024-09-13) | -0.56% |
|---|---|
| 1 month (2024-08-20) | -0.83% |
| 3 months (2024-06-20) | -7.03% |
| 6 months (2024-03-20) | -8.23% |
| 1 year (2023-09-20) | -3.51% |
|---|---|
| 2 years (2022-09-20) | -11.63% |
| 3 years (2021-09-20) | -7.51% |
| 5 years (2019-09-20) | 19.00% |
Valuing Metcash stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Metcash's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Metcash's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Metcash shares trade at around 14x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Metcash's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $505.8 million (£259 million).
The EBITDA is a measure of a Metcash's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $15.9 billion |
|---|---|
| Operating margin TTM | 2.9% |
| Gross profit TTM | $1.8 billion |
| Return on assets TTM | 5.12% |
| Return on equity TTM | 19.75% |
| Profit margin | 1.62% |
| Book value | 1.389 |
| Market capitalisation | $3.9 billion |
TTM: trailing 12 months
Dividend payout ratio: 132.74% of net profits
Recently Metcash has paid out, on average, around 132.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Metcash shareholders could enjoy a 5.43% return on their shares, in the form of dividend payments. In Metcash's case, that would currently equate to about A$0.195 per share.
Metcash's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 15 July 2024 (the "ex-dividend date").
Over the last 12 months, Metcash's shares have ranged in value from as little as $3.2291 up to $3.9665. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Metcash's is -0.102. This would suggest that Metcash's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Metcash has bucked the trend.
Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores. It sells its products under the IGA, Foodland, Mitre 10, Home Hardware, Total Tools, Cellarbrations, IGA Liquor, and the Bottle-O brand names. Metcash Limited was founded in 1927 and is based in Macquarie Park, Australia.
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