# Metro Inc. (MRU.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Consumer Defensive / Food & Staples Retailing. Price C$90.05, market value C$18.8 billion.

## Valuation
- **P/E (trailing): 21.4×** (5-yr avg 18.3×, 3-yr avg 18.5×). Metro Inc. trades at 21.4× trailing earnings, close to its own five-year average of 18.3×. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 16.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.30**. A PEG of 1.30 is in the range usually read as fairly priced for its growth.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.8×**. The shares trade at 3.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.8×**. Enterprise value is 11.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.8%** (5-yr avg 5.8%). Free cash flow equals 5.8% of the market value, in line with its five-year average of 5.8%. Above 5% is generally attractive.
- **Earnings yield: 4.7%**. The inverse of the P/E: 4.7% of the price is earned each year.

## Profitability
- **Gross margin: 19.6%**. Metro Inc. keeps 19.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 6.3%**. 6.3% of revenue is left after running the business.
- **Net margin: 4.6%**. 4.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.5%**. 14.5% on shareholders' equity is solid.
- **Return on invested capital: 9.3%**. Return on all capital, debt included, is 9.3%.
- **Return on assets: 6.2%**. Each dollar of assets produces 6.2% of profit.

## Growth
- **Revenue growth (1 yr): 3.7%** (3-yr 5.2%/yr, 5-yr 4.1%/yr). Revenue grew 3.7% over the last year, against 4.1% a year compounded over five years.
- **EPS growth (1 yr): 12.7%** (3-yr 9.7%/yr, 5-yr 8.1%/yr). Earnings per share rose 12.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 11.1%/yr**. Free cash flow has compounded at 11.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.65**. Debt is 0.65 times equity, moderate leverage.
- **Net debt / EBITDA: 2.3×**. It would take 2.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 8.9×**. Operating profit covers interest 8.9× over, a safe margin.
- **Current ratio: 1.30** (quick 0.51). Current assets cover the next year's liabilities 1.30 times.
- **Altman Z-score: 4.09**. A Z-score of 4.09 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.81%** (C$1.59 per share, trailing). Metro Inc. yields 1.81%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%** (30% of free cash flow). 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 10.5%/yr** (1-yr 10.4%). The dividend has compounded at 10.5% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: 6.1%**. Dividends plus net buybacks return 6.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): -5.7%** (YTD -8.0%, 3-mo -2.8%). The shares are down 5.7% over twelve months including dividends.
- **From 52-week high: -11.1%** (3.9% above the low). Trading 11% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): -0.00** (volatility 18%). Beta of -0.00 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MRU.TO · Page: https://foliofundamentals.com/stocks/mru.to

Not investment advice.