METCASH LIMITED (MTS)
Share Price Analysis and Chart

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MTS - METCASH LIMITED

FNArena Sector : Food, Beverages & Tobacco
Year End: April
GICS Industry Group : Food & Staples Retailing
Index: ASX200 | ASX300 | ALL-ORDS

Metcash is an Australian conglomerate marketing produce, alcohol, hardware and other consumer goods. Its brands include IGA, Mitre 10 and The Bottle O. Originally founded in 1927 by Joe David, it became a listed entity in 2005.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.49

25 Jan
2021

0.020

OPEN

$3.49

0.58%

HIGH

$3.52

2,850,558

LOW

$3.46

TARGET
$3.878 11.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
WOW . AMC . CCL . CKF . DMP . FNP . PFL . RFG . TWE . ING . COL . RDC . MRG . YOW . AVG . BFC .
MARKET CONSENSUS FORECAST
MTS: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx - 6.2 24.7 xxx
DPS (cps) xxx 12.5 15.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 7.4% 19.8% xxx
PE Ratio xxx N/A 14.1 xxx
Dividend Yield xxx N/A 4.3% xxx
Div Pay Ratio(%) xxx N/A 60.6% xxx

Dividend yield today if purchased 3 years ago: 3.96%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.58

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 22/12 - 8c (100%)

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

08/12/2020

3

Downgrade to Neutral from Buy

$3.70

6.02%

First half net profit was ahead of UBS estimates. The pandemic has structurally benefited Metcash, the broker observes, through a "shop local" emphasis and increased at-home consumption.

Nevertheless, UBS finds the risk/reward balanced given the valuation. Scope for capital returns exists, the broker notes, given the business is net cash to the tune of $120m. Rating is downgraded to Neutral from Buy and the target is raised to $3.70 from $3.25.

FORECAST
UBS forecasts a full year FY21 dividend of 16.00 cents and EPS of 25.10 cents.
UBS forecasts a full year FY22 dividend of 15.00 cents and EPS of 22.30 cents.

Credit Suisse

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

MTS STOCK CHART

FNArena News on MTS

1
Rudi’s View: All Eyes On US Treasuries

Jan 13 2021 - Rudi's View
2
Australian Broker Call *Extra* Edition – Dec 23, 2020

Dec 23 2020 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 11-12-20

Dec 14 2020 - Weekly Reports
4
Healthy Growth Rates Can Continue For Metcash

Dec 08 2020 - Australia
5
FNArena Corporate Results Monitor – 08-12-2020

Dec 08 2020 - Australia

Latest Food, Beverages & Tobacco News

1
Healthy Growth Rates Can Continue For Metcash

Dec 08 2020 - Australia
2
KFC Australia Underpins Collins Foods

Dec 02 2020 - Australia
3
Customers Stick To Domino’s Pizza

Dec 01 2020 - Australia
4
Rough Time Ahead For Treasury Wine

Dec 01 2020 - Australia
5
Outlook Should Improve For Inghams

Sep 22 2020 - Australia
6
The Short Report – 03 Sep 2020

Sep 03 2020 - Weekly Reports
7
Coca-Cola Amatil: Things Going Better

Jul 24 2020 - Australia
8
Few Celebratory Drinks For Treasury Wine

Jul 13 2020 - Australia
9
KFC Delivery A Winner For Collins Foods

Jul 01 2020 - Australia
10
Gatherings Lift Woolworths Food Sales Further

Jun 24 2020 - Australia