GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (OTCPK:MTRAF) » Definitions » Intrinsic Value: Projected FCF

Metro (MTRAF) Intrinsic Value: Projected FCF : $49.08 (As of May. 08, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Metro Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-08), Metro's Intrinsic Value: Projected FCF is $49.08. The stock price of Metro is $53.27. Therefore, Metro's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

The historical rank and industry rank for Metro's Intrinsic Value: Projected FCF or its related term are showing as below:

MTRAF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.01   Med: 1.39   Max: 2.83
Current: 1.09

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Metro was 2.83. The lowest was 1.01. And the median was 1.39.

MTRAF's Price-to-Projected-FCF is ranked worse than
63.72% of 226 companies
in the Retail - Defensive industry
Industry Median: 0.89 vs MTRAF: 1.09

Metro Intrinsic Value: Projected FCF Historical Data

The historical data trend for Metro's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metro Intrinsic Value: Projected FCF Chart

Metro Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.72 32.68 39.13 39.26 45.28

Metro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.64 43.74 45.28 45.03 49.50

Competitive Comparison of Metro's Intrinsic Value: Projected FCF

For the Grocery Stores subindustry, Metro's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Metro's Price-to-Projected-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Metro's Price-to-Projected-FCF falls into.



Metro Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Metro's Free Cash Flow(6 year avg) = $592.89.

Metro's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(12.267806016876*592.89456+5062.278*0.8)/227.100
=49.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Metro  (OTCPK:MTRAF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Metro's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=53.27/49.860580583623
=1.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Metro Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Metro's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Metro (MTRAF) Business Description

Traded in Other Exchanges
Address
11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Metro (MTRAF) Headlines

From GuruFocus

3 Canadian Companies to Consider in Wake of Trade Deal

By Sydnee Gatewood Sydnee Gatewood 10-01-2018

Metro Inc's Dividend Analysis

By GuruFocus Research 10-26-2023

Staying Close to Home

By Gordon Pape Gordon Pape 08-27-2012