Skip to Content
scroll

Metcash (MTS) $3.94

MTS

Metcash has rallied nicely following stronger-than-expected results in June, and we can see the momentum in the stock pushing shares above $4. That said, the share price rally has been driven primarily by PE multiple expansion, moving the stock from ‘cheap’ to now fairly valued on 14.4x 1-year forward (i.e. based on FY26 consensus). We have removed the ‘Active’ tag from the portfolio and now view MTS as a potential funding vehicle for other opportunities.

MTS
MM is now neutral on MTS ~$4
Add To Hit List
chart
image description
Metcash (MTS) Forward PE- Source Bloomberg
image description

Relevant suggested news and content from the site

image description
Overview
image description
Buy Hold Sell: The best and worst performers of FY25
image description
Thursday 3rd July – ASX -42pts, PME, NWH, GLF
image description
Major Movers Today
image description
FY26 Playbook: Finding Clarity in the Chaos
image description
Thursday 3rd July – Dow -10pts, SPI off -11pts
image description
ASX200 Index
image description
Wednesday 2nd July – Dow +400pts, SPI up +18pts
image description
ASX200 Index
image description
Tuesday 1st July – ASX +10pts, HMC, IFL, SGH
Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Already a member? Click here to login
Back to top