Company Valuation: Metro Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 14,717 16,848 15,991 18,910 19,920 19,678 - -
Change - 14.48% -5.09% 18.25% 5.34% -1.22% - -
Enterprise Value (EV) 1 16,908 20,956 20,286 23,191 24,455 23,377 23,315 23,204
Change - 23.94% -3.2% 14.32% 5.45% -4.41% -0.26% -0.48%
P/E ratio 18.1x 20.1x 16.1x 20.6x 19.9x 18.8x 17.9x 17x
PBR - - - - 2.82x 2.78x 2.6x 2.45x
PEG - 3.72x 0.7x -3.73x 1.6x 2.72x 3.85x 2.94x
Capitalization / Revenue 0.8x 0.89x 0.77x 0.89x 0.91x 0.87x 0.84x 0.81x
EV / Revenue 0.92x 1.11x 0.98x 1.09x 1.11x 1.03x 0.99x 0.96x
EV / EBITDA 9.76x 11.4x 10.3x 11.7x 11.7x 10.7x 10.2x 9.8x
EV / EBIT 13.5x 15.2x 14x 16.4x 16.4x 14.7x 14x 13.3x
EV / FCF 15.9x 22.3x 21x 21.1x 20.1x 24x 21.9x 21.4x
FCF Yield 6.29% 4.48% 4.76% 4.74% 4.97% 4.17% 4.57% 4.68%
Dividend per Share 2 1 1.1 1.21 1.34 1.48 1.622 1.79 1.947
Rate of return 1.66% 1.56% 1.73% 1.58% 1.61% 1.75% 1.93% 2.1%
EPS 2 3.33 3.51 4.35 4.11 4.63 4.95 5.18 5.48
Distribution rate 30% 31.3% 27.8% 32.6% 32% 32.8% 34.5% 35.5%
Net sales 1 18,283 18,889 20,725 21,220 22,007 22,732 23,448 24,260
EBITDA 1 1,732 1,845 1,970 1,987 2,083 2,186 2,292 2,368
EBIT 1 1,254 1,380 1,444 1,417 1,488 1,588 1,670 1,743
Net income 1 825.7 849.5 1,019 928.8 1,017 1,049 1,075 1,102
Net Debt 1 2,191 4,108 4,295 4,281 4,535 3,699 3,637 3,527
Reference price 2 60.26 70.52 69.88 84.84 92.20 92.93 92.93 92.93
Nbr of stocks (in thousands) 2,44,219 2,38,906 2,28,833 2,22,888 2,16,050 2,11,745 - -
Announcement Date 17/11/21 16/11/22 15/11/23 20/11/24 19/11/25 - - -
1CAD in Million2CAD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.77x1.03x10.69x1.75% 1.42TCr
43.74x1.43x21.59x0.77% 1,01100Cr
27.85x1.19x10.25x0.94% 5.33TCr
15.02x0.55x6.91x3.08% 4.23TCr
13.21x0.37x6.77x2.09% 4.16TCr
17.97x0.58x8.6x2.97% 4.16TCr
17.21x0.55x10.52x2.97% 3.48TCr
39.7x0.85x9.82x2.67% 3.19TCr
72.67x0.76x12.54x0.77% 3.07TCr
21.67x0.73x6.11x1.36% 2.7TCr
Average 28.78x 0.80x 10.38x 1.94% 13.28TCr
Weighted average by Cap. 39.58x 1.26x 18.58x 1.09%

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