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Metro Inc
TSX:MRU

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Metro Inc
TSX:MRU
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Price: 90.43 CAD -0.46% Market Closed
Market Cap: CA$19.1B

P/B

2.8
Current
1%
More Expensive
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
2.8
=
Market Cap
CA$19.2B
/
Total Equity
CA$6.9B

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
2.8
=
Market Cap
CA$19.2B
/
Total Equity
CA$6.9B

Valuation Scenarios

Metro Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (2.7), the stock would be worth CA$89.54 (1% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-9%
Maximum Upside
+7%
Average Downside
2%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.8 CA$90.43
0%
3-Year Average 2.7 CA$89.54
-1%
5-Year Average 2.5 CA$82.5
-9%
Industry Average 2.9 CA$96.75
+7%
Country Average 2.7 CA$87.31
-3%

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
CA
Metro Inc
TSX:MRU
19.2B CAD 2.8 18.9
ZA
Shoprite Holdings Ltd
JSE:SHP
151.4B ZAR 4.9 20
CA
Loblaw Companies Ltd
TSX:L
72.4B CAD 6.6 27.2
CA
Alimentation Couche-Tard Inc
TSX:ATD
69.8B CAD 3.2 18.2
UK
Tesco PLC
LSE:TSCO
32.7B GBP 2.8 18.3
NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.1B EUR 2.5 15.9
US
Kroger Co
NYSE:KR
43B USD 6.1 42.6
AU
Woolworths Group Ltd
ASX:WOW
46B AUD 9.8 75.9
JP
Seven & i Holdings Co Ltd
TSE:3382
5T JPY 1.4 17.1
IN
Avenue Supermarts Ltd
NSE:DMART
2.9T INR 12.9 102.8
US
Caseys General Stores Inc
NASDAQ:CASY
29B USD 7.5 44.6

Market Distribution

In line with most companies in Canada
Percentile
51st
Based on 3 061 companies
51st percentile
2.8
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Metro Inc
Glance View

Metro Inc., a stalwart in the Canadian retail landscape, navigates the competitive corridors of the grocery and pharmaceutical sectors with precision and acumen. Founded in 1947, Metro has grown from a humble beginning in Quebec to a significant force across the provinces, marking its presence with an expansive network of supermarkets, discount stores, and pharmacy outlets. The company's operations are neatly divided into two main segments: food and pharmaceuticals. Metro's grocery segment operates under well-recognized banners such as Metro, Super C, and Food Basics, offering a diverse array of products ranging from fresh produce and meats to private-label merchandise. This segment’s success hinges on Metro’s ability to adapt to consumer tastes and utilize data-driven strategies for inventory management, thereby optimizing both the customer shopping experience and logistical efficiency. Parallel to its grocery operations, Metro has built a robust pharmaceutical division through its affiliation with Jean Coutu and other pharmacy brands. This segment provides not only prescription medications but also a comprehensive suite of health, beauty, and wellness products. The synergy between the food and pharmaceutical divisions allows Metro to leverage cross-category shopping trends and customer loyalty programs, fostering a one-stop-shop format that resonates with its clientele. Revenue generation is anchored in the company's strategic pricing models, high-volume sales, and the continuous enhancement of private-label offerings, all orchestrated to maintain a balance between competitive pricing and profit margins. Through thoughtful expansions and acquisitions, Metro Inc. has crafted a diversified yet cohesive portfolio that drives sustainable growth and strengthens its positioning in the ever-evolving retail marketplace.

MRU Intrinsic Value
103.87 CAD
Undervaluation 13%
Intrinsic Value
Price CA$90.43
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