Company Valuation: Metcash Limited

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,625 3,766 4,301 3,537 2,991 3,299 - -
Change - -18.58% 14.21% -17.75% -15.44% 10.29% - -
Enterprise Value (EV) 1 4,814 5,165 5,614 5,343 4,825 5,175 5,194 5,128
Change - 7.28% 8.71% -4.83% -9.7% 7.24% 0.37% -1.26%
P/E 19.2x 14.6x 15.3x 12.4x 10.8x 12.7x 11.7x 10.7x
PBR 4.28x 3.51x 2.81x 2.18x 1.75x 1.85x 1.77x 1.69x
PEG - 2.03x -3.73x 15.93x -4.66x -1.94x 1.43x 1.15x
Capitalization / Revenue 0.3x 0.24x 0.27x 0.2x 0.17x 0.19x 0.18x 0.18x
EV / Revenue 0.32x 0.33x 0.35x 0.31x 0.28x 0.29x 0.29x 0.28x
EV / EBITDA 7.43x 7.64x 8.16x 7.15x 6.33x 6.54x 6.23x 5.85x
EV / EBIT 10.2x 10.3x 11.3x 10.5x 9.58x 10.3x 9.69x 9.01x
EV / FCF 15.5x 23.4x 16.2x 13.7x 12.6x 13.3x 11.7x 11.3x
FCF Yield 6.45% 4.27% 6.18% 7.31% 7.93% 7.51% 8.52% 8.81%
Dividend per Share 2 0.215 0.225 0.22 0.18 0.18 0.1744 0.1859 0.2
Rate of return 4.49% 5.77% 5.58% 5.59% 6.62% 5.82% 6.2% 6.67%
EPS 2 0.25 0.268 0.257 0.259 0.253 0.2364 0.2558 0.2795
Distribution rate 86% 84% 85.6% 69.5% 71.1% 73.8% 72.7% 71.6%
Net sales 1 15,165 15,803 15,912 17,323 17,354 17,610 17,996 18,463
EBITDA 1 648.2 675.8 688.3 747.8 761.7 791.2 834.2 876.8
EBIT 1 472.3 500.8 496.3 507.8 503.7 504.1 535.8 569.2
Net income 1 245.4 259 257.2 283.3 279.1 259 279.9 308.5
Net Debt 1 189 1,399 1,314 1,806 1,834 1,875 1,895 1,829
Reference price 2 4.790 3.900 3.940 3.220 2.720 3.000 3.000 3.000
Nbr of stocks (in thousands) 965,542 965,542 1,091,554 1,098,582 1,099,726 1,099,726 - -
Announcement Date 6/26/22 6/25/23 6/23/24 6/22/25 6/21/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.69x0.29x6.54x5.82% 2.28B
16.34x0.65x9.33x2.82% 8.93B
15.78x0.51x8.77x1.13% 8.1B
46.04x0.99x15.39x-.--% 3.91B
12.24x0.34x5.78x5.24% 574M
12.7x0.32x6.08x6.98% 483M
-26.83x - - -.--% 479M
Average 12.71x 0.52x 8.65x 3.14% 3.54B
Weighted average by Cap. 19.51x 0.61x 9.71x 2.18%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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