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Metro Inc (MRU) Fair Value & Analysis

Consumer Defensive · CA · Market cap C$19.8B

MI Metro Inc MRU · TO
PriceC$90.31
Fair ValueC$94.01
Upside+4.1%
Quality62/100
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Healthy Growth
Thin margins · 4.4% net margin
Low debt · generates free cash flow
1.62% dividend yield
Mixed vs. peers (6/15)
Moderate moat 52/100
Evidence: High Range C$54.06 – C$126.56 Share as image

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 25 days ago

Share price +0.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (C$54.06 to C$126.56) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

C$106.19 C$51.49 Fair Value C$94.01 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range C$51.49 – C$106.19 · fair‑value band C$54.06 – C$126.56 · the C$90.31 price screens below the C$94.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Metro Inc (MRU) currently trades at C$90.31, while our model-based Fair Value estimate is C$94.01, implying the stock looks roughly 4.1% fairly valued today. We read business quality at 62/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Metro Inc generated revenue of C$22.2B at a net margin of 4.4%. Revenue grew 3.3% year over year. It earns a return on equity of 13.9%. Net debt stands at C$4.5B. Fundamentals as of Jul 13, 2026

Our scenario range runs from C$54.06 (bear case) to C$126.56 (bull case); at C$90.31, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -32% fair-value upside, at 4%, MRU screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF C$48.42 C$75.95 C$114.51 80
Residual Income C$32.87 C$42.32 C$107.63 76
Rev-Margin DCF C$47.09 C$81.94 C$120.70 74
All 24 models by family
DCF Models
FCF DCF C$47.02 C$77.43 C$122.35 38
Owner Earnings C$46.89 C$77.24 C$122.07 31
5Y Revenue Exit C$47.09 C$81.66 C$125.01 39
5Y EBITDA Exit C$62.73 C$110.22 C$164.53 41
5Y P/E Exit C$49.09 C$85.32 C$122.31 38
10Y Revenue Exit C$44.59 C$75.83 C$116.16 36
10Y EBITDA Exit C$56.37 C$95.41 C$145.66 37
10Y P/E Exit C$47.76 C$78.34 C$114.15 35
Earnings-Based
Graham-Dodd C$32.79 C$89.95 C$118.03 54
Lynch FV C$17.85 C$25.51 C$33.16 50
PEG = 1.0 C$17.85 C$25.51 C$33.16 46
EPV C$40.02 C$48.95 C$56.77 59
Multiples
P/E Multiple C$72.32 C$96.43 C$120.54 63
P/S Multiple C$61.47 C$81.96 C$102.46 58
P/B Multiple C$61.47 C$81.96 C$102.46 55
EV/EBIT C$81.65 C$113.40 C$145.16 53
EV/EBITDA C$82.66 C$114.75 C$146.85 54
EV/Revenue C$50.60 C$78.12 C$105.64 43
Asset-Based
NCAV (Graham) C$16.66 C$22.32 C$33.31 50
Growth DCF
Growth DCF C$48.42 C$75.95 C$114.51 80
Rev-Margin DCF C$47.09 C$81.94 C$120.70 74
Economic Profit
Residual Income C$32.87 C$42.32 C$107.63 76
ROIC Compounder C$41.37 C$55.16 C$71.82 72
Growth Earnings
Growth-Adj P/E C$57.61 C$82.29 C$106.98 68

Widest divergence: Growth Earnings (C$82.29) versus Asset-Based (C$22.32). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) C$22.2B
Revenue growth (YoY) +3.3%
Net margin 4.4%
Return on equity 13.9%
Free cash flow C$1.2B FY2025
P/E ratio 19.8
More key figures
Operating margin 6.8%
EPS (TTM) C$4.69
Dividend yield 1.7%
EPS growth (YoY) -9.5%
Net debt C$4.5B FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 66 · Market factors (momentum, volatility) 48

Profitability 58
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Metro Inc., through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Full company description

Metro Inc., through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount stores, neighbourhood stores, specialized stores, and pharmacies that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, prepared meals, delicatessen items, fruits and vegetables, frozen products and pastries. It also manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under Pro Doc trademark; and provides online grocery shopping services. In addition, the company offers its private label food products under Irresistibles, Selection, Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands; and private label drug products comprising beauty and cosmetic products, over-the-counter medications, health & beauty, cosmetics, and baby categories sold under the Personnelle brand name. It operates a network of food stores under various banners, including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics, as well as pharmacies primarily under the PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy banners. The company was founded in 1947 and is headquartered in Montreal, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Metro Inc reported revenue of C$22.0B in FY2025 versus C$18.3B in FY2021, a compound +4.7%/yr. Reported net income was C$1.0B in FY2025, compounding +5.4%/yr from FY2021.

Growth Quality 67/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
C$22.0B
Latest YoY
+3.7%
Avg. growth/yr (3Y)
+5.2%
Avg. growth/yr (5Y)
+4.1%
Avg. growth/yr (30Y)
+6.7%
Revenue +4.7%/yr
FY21 C$18.3B
FY22 C$18.9B
FY23 C$20.7B
FY24 C$21.2B
FY25 C$22.0B
Net income +5.4%/yr
FY21 C$823M
FY22 C$846M
FY23 C$1.0B
FY24 C$929M
FY25 C$1.0B

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Cite: Fair Value Calculator (2026). "Metro Inc Fair Value". https://www.fairvalue-calculator.com/stock/MRU

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Grocery Stores · 82 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Top 25%
Fair Value upside +4% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Top 25%
Operating margin (TTM) 7% · Top 25%
Revenue growth 3% · Below median
Dividend yield (TTM) 1.6% · Below median
Debt / equity 0.42× · Higher than median

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/E (TTM) 20.0× · Pricier than median
P/B 2.02× · Pricier than median
P/S (TTM) 0.64× · Pricier than 75% of peers
P/FCF 12.2× · Pricier than 75% of peers
EV/EBITDA 9.1× · Pricier than median
PEG 2.70× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 39 · sector 34
FUTURE 17 · sector 17
PAST 56 · sector 51
HEALTH 79 · sector 92
DIVIDEND 32 · sector 47

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$65.49 C$44.44 -32%
Koninklijke Ahold Delhaize N.V AD €36.30 €53.50 +47%
The Kroger Co KR $58.82 $28.19 -52%
Woolworths Group WOW A$39.20 A$13.40 -66%
George Weston Limited WN C$100.98 C$63.61 -37%
Coles Group COL A$23.56 A$15.86 -33%
Carrefour SA CA €16.40 €11.51 -30%
CP ALL Public Company TCPD 1.89 SGD 2.38 SGD +26%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%
Kesko Oyj KESKOA €19.94 €12.13 -39%

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Frequently asked questions

Is Metro Inc (MRU) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of C$94.01 versus a price of C$90.31, about +4% (fairly valued).
What is the fair value of MRU?
Our model-based fair value for Metro Inc is C$94.01 (as of Jul 13, 2026), built from audited fundamentals. The current price is C$90.31.
What is the quality score of MRU?
Metro Inc has a Quality Score of 62/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Metro Inc (MRU)?
Metro Inc reported trailing-twelve-month revenue of about C$22.2B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of MRU?
The net profit margin of Metro Inc is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Metro Inc pay a dividend?
Metro Inc currently shows a dividend yield of about 1.67% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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