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Metcash Ltd
ASX:MTS

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Metcash Ltd
ASX:MTS
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Price: 3.305 AUD -1.34% Market Closed
Market Cap: AU$3.6B

Gross Margin

13.3%
Current
Improving
by 0.8%
vs 3-y average of 12.5%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
13.3%
=
Gross Profit
AU$2.3B
/
Revenue
AU$17.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
13.3%
=
Gross Profit
AU$2.3B
/
Revenue
AU$17.3B

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Metcash Ltd
ASX:MTS
3.6B AUD
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ZA
Bid Corporation Ltd
JSE:BID
141.6B ZAR
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US
Sysco Corp
NYSE:SYY
43.5B USD
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US
US Foods Holding Corp
NYSE:USFD
21B USD
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US
Performance Food Group Co
NYSE:PFGC
15B USD
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ZA
SPAR Group Ltd
JSE:SPP
13.4B ZAR
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TH
CP Axtra PCL
SET:CPAXT
177.7B THB
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SG
Olam International Ltd
F:O5I
4.3B EUR
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US
Chefs' Warehouse Inc
NASDAQ:CHEF
2.9B USD
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SG
Olam Group Ltd
SGX:VC2
3.5B SGD
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US
United Natural Foods Inc
NYSE:UNFI
2.4B USD
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Market Distribution

Lower than 76% of companies in Australia
Percentile
24rd
Based on 2 544 companies
24rd percentile
13.3%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Metcash Ltd
Glance View

Market Cap
3.6B AUD
Industry
Retail

In the intricate tapestry of Australia's retail landscape, Metcash Ltd. weaves itself as a central thread through its ownership of independent retail brands and a comprehensive wholesaling network. Rooted in Sydney, Metcash has orchestrated a supply chain symphony that bridges manufacturers with the continent's independent retailers, ensuring that groceries, hardware, liquor, and more reach local communities with reliability and efficiency. The company operates through a triumvirate of key divisions: Food, Liquor, and Hardware. Each division aligns with Metcash's overarching mission to empower independent retailers through vast distribution networks, competitive pricing, and marketing prowess. The Food division caters primarily to independent supermarkets under banners like IGA and Supa IGA, distributing everything from pantry staples to fresh produce. Metcash monetizes its operations primarily through wholesaling to its extensive network of affiliated retailers and franchisees. By leveraging its scale, Metcash competes on price while providing the local entrepreneurial spirit that distinguishes its retail partners from corporate chains. The Liquor division focuses on supplying independent bottle shops, and the Hardware division serves independent hardware stores through brands such as Mitre 10 and Home Timber & Hardware. By championing these independent stores, Metcash harnesses community loyalty, drawing consumers who favor local businesses over global conglomerates. This strategic position not only cements Metcash's role in the supply chain but also sustains a business model that thrives on adaptability, community engagement, and strategic alliances—pillars that support its steady revenue streams and economic resilience.

MTS Intrinsic Value
5.016 AUD
Undervaluation 34%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
13.3%
=
Gross Profit
AU$2.3B
/
Revenue
AU$17.3B
What is Metcash Ltd's current Gross Margin?

The current Gross Margin for Metcash Ltd is 13.3%, which is above its 3-year median of 12.5%.

How has Gross Margin changed over time?

Over the last 3 years, Metcash Ltd’s Gross Margin has increased from 11.5% to 13.3%. During this period, it reached a low of 11.5% on Oct 31, 2022 and a high of 13.3% on Nov 1, 2025.

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