Company Valuation: Metro Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,717 16,848 15,991 18,910 19,920 18,802 - -
Change - 14.48% -5.09% 18.25% 5.34% -5.61% - -
Enterprise Value (EV) 1 16,908 20,956 20,286 23,191 24,455 22,297 22,222 22,141
Change - 23.94% -3.2% 14.32% 5.45% -8.82% -0.34% -0.37%
P/E 18.1x 20.1x 16.1x 20.6x 19.9x 18.3x 16.6x 15.4x
PBR - - - - 2.82x 2.74x 2.58x 2.44x
PEG - 3.72x 0.7x -3.73x 1.6x 3.2x 1.6x 2.03x
Capitalization / Revenue 0.8x 0.89x 0.77x 0.89x 0.91x 0.83x 0.8x 0.77x
EV / Revenue 0.92x 1.11x 0.98x 1.09x 1.11x 0.99x 0.95x 0.91x
EV / EBITDA 9.76x 11.4x 10.3x 11.7x 11.7x 10.9x 9.76x 9.18x
EV / EBIT 13.5x 15.2x 14x 16.4x 16.4x 15.3x 13.6x 12.5x
EV / FCF 15.9x 22.3x 21x 21.1x 20.1x 27.8x 23.7x 20.5x
FCF Yield 6.29% 4.48% 4.76% 4.74% 4.97% 3.6% 4.22% 4.87%
Dividend per Share 2 1 1.1 1.21 1.34 1.48 1.63 1.838 2
Rate of return 1.66% 1.56% 1.73% 1.58% 1.61% 1.82% 2.05% 2.23%
EPS 2 3.33 3.51 4.35 4.11 4.63 4.895 5.41 5.82
Distribution rate 30% 31.3% 27.8% 32.6% 32% 33.3% 34% 34.4%
Net sales 1 18,283 18,889 20,725 21,220 22,007 22,541 23,431 24,422
EBITDA 1 1,732 1,845 1,970 1,987 2,083 2,046 2,277 2,413
EBIT 1 1,254 1,380 1,444 1,417 1,488 1,453 1,640 1,767
Net income 1 825.7 849.5 1,019 928.8 1,017 1,050 1,119 1,154
Net Debt 1 2,191 4,108 4,295 4,281 4,535 3,495 3,421 3,339
Reference price 2 60.26 70.52 69.88 84.84 92.20 89.69 89.69 89.69
Nbr of stocks (in thousands) 244,219 238,906 228,833 222,888 216,050 209,630 - -
Announcement Date 11/17/21 11/16/22 11/15/23 11/20/24 11/19/25 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.65x1.21x18.53x0.92% 860B
24.11x1.16x10.07x0.98% 52.17B
15.37x0.53x7.79x3.35% 39.5B
16.11x0.63x11.72x2.74% 38.85B
11.58x0.33x6.16x2.55% 35.87B
27.32x0.85x9.78x2.7% 35.09B
11.61x0.45x5.74x4.05% 31.63B
20.68x0.77x6.39x1.25% 27.26B
51.29x0.57x9.54x1.06% 24.74B
Average 23.97x 0.72x 9.52x 2.18% 127.25B
Weighted average by Cap. 33.57x 1.08x 16.05x 1.27%

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