METRO INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 70.92 CAD | -0.04% |
|
+1.75% | +3.40% |
| Apr. 25 | Metro Target Lifted to $82, Sector Perform Maintained, at National Bank | MT |
| Apr. 24 | Transcript : Metro Inc., Q2 2024 Earnings Call, Apr 24, 2024 |
Valuation
| Fiscal Period: Septiembre | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 14,817 | 16,008 | 15,115 | 16,525 | 16,142 | 16,003 | - | - |
| Enterprise Value (EV) 1 | 17,201 | 18,199 | 17,306 | 20,634 | 20,437 | 19,187 | 19,114 | 18,409 |
| P/E ratio | 21 x | 20.3 x | 18.6 x | 19.7 x | 16.2 x | 16.6 x | 15.1 x | 14.4 x |
| Yield | 1.37% | 1.41% | 1.62% | 1.59% | 1.72% | 1.87% | 2.06% | 2.16% |
| Capitalization / Revenue | 0.88 x | 0.89 x | 0.83 x | 0.87 x | 0.78 x | 0.75 x | 0.73 x | 0.71 x |
| EV / Revenue | 1.03 x | 1.01 x | 0.95 x | 1.09 x | 0.99 x | 0.9 x | 0.87 x | 0.81 x |
| EV / EBITDA | 12.7 x | 10.8 x | 9.99 x | 11.2 x | 10.4 x | 9.66 x | 9.03 x | 8.28 x |
| EV / FCF | 52 x | 18 x | 16.3 x | 22 x | 21.1 x | 34.8 x | 26.6 x | 22.8 x |
| FCF Yield | 1.92% | 5.55% | 6.14% | 4.55% | 4.73% | 2.87% | 3.76% | 4.39% |
| Price to Book | 2.49 x | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 254,016 | 250,561 | 244,219 | 238,906 | 228,833 | 225,654 | - | - |
| Reference price 2 | 58.33 | 63.89 | 61.89 | 69.17 | 70.54 | 70.92 | 70.92 | 70.92 |
| Announcement Date | 11/20/19 | 11/18/20 | 11/17/21 | 11/16/22 | 11/15/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 16,768 | 17,998 | 18,283 | 18,889 | 20,725 | 21,201 | 21,905 | 22,694 |
| EBITDA 1 | 1,352 | 1,691 | 1,732 | 1,845 | 1,970 | 1,986 | 2,118 | 2,222 |
| EBIT 1 | 1,065 | 1,229 | 1,254 | 1,380 | 1,444 | 1,438 | 1,552 | 1,613 |
| Operating Margin | 6.35% | 6.83% | 6.86% | 7.31% | 6.97% | 6.78% | 7.08% | 7.11% |
| Earnings before Tax (EBT) | 969.2 | 1,084 | 1,121 | - | 1,322 | - | - | - |
| Net income 1 | 714.4 | 796.4 | 825.7 | 849.5 | 1,019 | 988 | 1,068 | 1,085 |
| Net margin | 4.26% | 4.43% | 4.52% | 4.5% | 4.92% | 4.66% | 4.88% | 4.78% |
| EPS 2 | 2.780 | 3.140 | 3.330 | 3.510 | 4.350 | 4.260 | 4.700 | 4.930 |
| Free Cash Flow 1 | 330.8 | 1,011 | 1,063 | 938.5 | 966.3 | 551 | 719.5 | 808 |
| FCF margin | 1.97% | 5.62% | 5.82% | 4.97% | 4.66% | 2.6% | 3.28% | 3.56% |
| FCF Conversion (EBITDA) | 24.48% | 59.77% | 61.37% | 50.88% | 49.06% | 27.74% | 33.98% | 36.36% |
| FCF Conversion (Net income) | 46.3% | 126.92% | 128.78% | 110.48% | 94.85% | 55.77% | 67.37% | 74.47% |
| Dividend per Share 2 | 0.8000 | 0.9000 | 1.000 | 1.100 | 1.210 | 1.329 | 1.464 | 1.530 |
| Announcement Date | 11/20/19 | 11/18/20 | 11/17/21 | 11/16/22 | 11/15/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Septiembre | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,317 | 4,274 | 5,866 | 4,433 | 4,671 | 4,554 | 6,428 | 5,072 | 4,974 | 6,653 | 4,849 | 5,116 | - | - |
| EBITDA 1 | 424.1 | 414 | 565.1 | 441.4 | 462 | 447.3 | 612.3 | 448 | 468.1 | 619.2 | 464 | 498.8 | 465 | 661.3 |
| EBIT 1 | 311.6 | 297.7 | 422.3 | 330.6 | 350.8 | 326.7 | 452.8 | 323 | 337 | 455 | 331 | - | - | - |
| Operating Margin | 7.22% | 6.97% | 7.2% | 7.46% | 7.51% | 7.17% | 7.04% | 6.37% | 6.77% | 6.84% | 6.83% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.8500 | 0.8200 | 1.140 | 0.7000 | 0.9700 | 0.9300 | 1.490 | 0.9600 | 0.9900 | - | - | - | - | - |
| Dividend per Share 2 | 0.2750 | 0.2750 | 0.2750 | 0.2750 | 0.3025 | 0.3025 | 0.3025 | 0.3025 | 0.3350 | 0.3350 | 0.3350 | 0.3350 | - | - |
| Announcement Date | 1/25/22 | 4/21/22 | 8/10/22 | 11/16/22 | 1/24/23 | 4/19/23 | 8/9/23 | 11/15/23 | 1/30/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: Septiembre | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,384 | 2,191 | 2,191 | 4,108 | 4,295 | 3,183 | 3,111 | 2,406 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.764 x | 1.295 x | 1.265 x | 2.227 x | 2.181 x | 1.603 x | 1.469 x | 1.082 x |
| Free Cash Flow 1 | 331 | 1,011 | 1,063 | 939 | 966 | 551 | 720 | 808 |
| ROE (net income / shareholders' equity) | 12.6% | 13.2% | 13.2% | 13.1% | 15% | 13.8% | 14.5% | 14.1% |
| ROA (Net income/ Total Assets) | 6.65% | 6.5% | 6.11% | 6.29% | 7.38% | 6.8% | 7.15% | 7.1% |
| Assets 1 | 10,739 | 12,249 | 13,508 | 13,497 | 13,799 | 14,529 | 14,937 | 15,282 |
| Book Value Per Share | 23.50 | - | - | - | - | - | - | - |
| Cash Flow per Share | 2.690 | 5.820 | 6.390 | 6.070 | 6.700 | - | - | - |
| Capex 1 | 357 | 463 | 520 | 523 | 597 | 727 | 666 | 700 |
| Capex / Sales | 2.13% | 2.57% | 2.84% | 2.77% | 2.88% | 3.43% | 3.04% | 3.09% |
| Announcement Date | 11/20/19 | 11/18/20 | 11/17/21 | 11/16/22 | 11/15/23 | - | - | - |
1CAD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
70.92
CAD
Average target price
76.5
CAD
Spread / Average Target
+7.87%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.40% | 11.69B | |
| +14.48% | 485B | |
| +21.40% | 40.05B | |
| +5.39% | 38.37B | |
| +7.63% | 28.47B | |
| -15.08% | 25.16B | |
| -0.55% | 25.08B | |
| +4.35% | 17.88B | |
| +11.96% | 17.99B | |
| +1.34% | 13.77B |
- Stock Market
- Equities
- MRU Stock
- Financials Metro Inc.
