Metcash Ltd banner

P/B

1.9
Current
30%
Cheaper
vs 3-y average of 2.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
AU$3.6B
/
Total Equity
AU$1.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
AU$3.6B
/
Total Equity
AU$1.7B

Valuation Scenarios

Metcash Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.7), the stock would be worth AU$4.05 (43% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+76%
Average Upside
56%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 AU$2.82
0%
3-Year Average 2.7 AU$4.05
+43%
5-Year Average 2.9 AU$4.49
+59%
Industry Average 3.3 AU$4.95
+76%
Country Average 2.7 AU$4.07
+44%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Metcash Ltd
ASX:MTS
3.1B AUD 1.9 10.9
ZA
Bid Corporation Ltd
JSE:BID
136.4B ZAR 2.9 15.5
US
Sysco Corp
NYSE:SYY
36.1B USD 15.8 20.1
US
US Foods Holding Corp
NYSE:USFD
20.1B USD 4.7 29.7
US
Performance Food Group Co
NYSE:PFGC
13.8B USD 3 40
ZA
SPAR Group Ltd
JSE:SPP
12.4B ZAR 2.3 -2.6
SG
Olam International Ltd
F:O5I
4.3B EUR 1 9.7
TH
CP Axtra PCL
SET:CPAXT
152.4B THB 0.5 15.8
SG
Olam Group Ltd
SGX:VC2
3.9B SGD 0.6 9.7
US
United Natural Foods Inc
NYSE:UNFI
2.9B USD 1.9 -37.5
US
Chefs' Warehouse Inc
NASDAQ:CHEF
2.7B USD 4.5 37.6
P/E Multiple
Earnings Growth PEG
AU
Metcash Ltd
ASX:MTS
Average P/E: 21
10.9
4%
2.7
ZA
B
Bid Corporation Ltd
JSE:BID
15.5
10%
1.6
US
Sysco Corp
NYSE:SYY
20.1
12%
1.7
US
US Foods Holding Corp
NYSE:USFD
29.7
29%
1
US
Performance Food Group Co
NYSE:PFGC
40
48%
0.8
ZA
S
SPAR Group Ltd
JSE:SPP
Negative Multiple: -2.6 N/A N/A
SG
O
Olam International Ltd
F:O5I
9.7
-59%
N/A
TH
CP Axtra PCL
SET:CPAXT
15.8
19%
0.8
SG
Olam Group Ltd
SGX:VC2
9.7
N/A N/A
US
United Natural Foods Inc
NYSE:UNFI
Negative Multiple: -37.5 N/A N/A
US
Chefs' Warehouse Inc
NASDAQ:CHEF
37.6
19%
2

Market Distribution

In line with most companies in Australia
Percentile
35th
Based on 2 062 companies
35th percentile
1.9
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Metcash Ltd
Glance View

Market Cap
3.1B 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
5.05 AUD
Undervaluation 44%
Intrinsic Value
Price AU$2.82
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