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 3,387 - -
Change - -18.58% 14.21% -17.75% -15.44% 13.24% - -
Enterprise Value (EV) 1 4,814 5,165 5,614 5,343 4,825 5,276 5,314 5,301
Change - 7.28% 8.71% -4.83% -9.7% 9.34% 0.72% -0.24%
P/E 19.2x 14.6x 15.3x 12.4x 10.8x 13.4x 12.4x 11.4x
PBR 4.28x 3.51x 2.81x 2.18x 1.75x 1.9x 1.82x 1.74x
PEG - 2.03x -3.73x 15.93x -4.66x -1.46x 1.58x 1.27x
Capitalization / Revenue 0.3x 0.24x 0.27x 0.2x 0.17x 0.19x 0.19x 0.18x
EV / Revenue 0.32x 0.33x 0.35x 0.31x 0.28x 0.3x 0.29x 0.28x
EV / EBITDA 7.43x 7.64x 8.16x 7.15x 6.33x 6.72x 6.4x 6.1x
EV / EBIT 10.2x 10.3x 11.3x 10.5x 9.58x 10.6x 9.98x 9.42x
EV / FCF 15.5x 23.4x 16.2x 13.7x 12.6x 14.3x 12.3x 11.4x
FCF Yield 6.45% 4.27% 6.18% 7.31% 7.93% 7% 8.13% 8.74%
Dividend per Share 2 0.215 0.225 0.22 0.18 0.18 0.1699 0.1822 0.194
Rate of return 4.49% 5.77% 5.58% 5.59% 6.62% 5.54% 5.94% 6.32%
EPS 2 0.25 0.268 0.257 0.259 0.253 0.2298 0.2479 0.2701
Distribution rate 86% 84% 85.6% 69.5% 71.1% 73.9% 73.5% 71.8%
Net sales 1 15,165 15,803 15,912 17,323 17,354 17,795 18,216 18,645
EBITDA 1 648.2 675.8 688.3 747.8 761.7 785.1 830.1 868.8
EBIT 1 472.3 500.8 496.3 507.8 503.7 498.2 532.3 562.7
Net income 1 245.4 259 257.2 283.3 279.1 252.8 274.7 295.4
Net Debt 1 189 1,399 1,314 1,806 1,834 1,889 1,927 1,914
Reference price 2 4.790 3.900 3.940 3.220 2.720 3.070 3.070 3.070
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.($)
13.36x0.3x6.71x5.54% 2.35B
39.31x1.26x19.29x0.88% 897B
24.19x1.16x10.09x0.98% 50.48B
16.3x0.57x8.27x3.16% 42.1B
16.42x0.66x12.37x2.81% 38.71B
12.42x0.34x6.44x2.4% 36.95B
21.57x0.9x6.03x5.86% 36.77B
26.68x0.83x9.6x2.76% 33.16B
11.75x0.46x5.77x4% 30.63B
16.16x0.63x7.2x2.97% 28.44B
Average 19.82x 0.71x 9.18x 3.14% 119.67B
Weighted average by Cap. 34.09x 1.12x 16.56x 1.42%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Metcash Limited

Historical PBR trend

Valuation ratios - PBR - Metcash Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Metcash Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Metcash Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Metcash Limited
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