Metcash Ltd
Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket, convenience retail outlets, and food service customers. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.… Read more
Metcash Ltd (MTS) - Net Assets
Latest net assets as of October 2025: AU$1.67 Billion AUD
Based on the latest financial reports, Metcash Ltd (MTS) has net assets worth AU$1.67 Billion AUD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.18 Billion) and total liabilities (AU$5.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.67 Billion |
| % of Total Assets | 23.32% |
| Annual Growth Rate | 5.9% |
| 5-Year Change | 26.76% |
| 10-Year Change | 19.54% |
| Growth Volatility | 44.86 |
Metcash Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Metcash Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Metcash Ltd (1994–2025)
The table below shows the annual net assets of Metcash Ltd from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | AU$1.64 Billion | +7.08% |
| 2024-04-30 | AU$1.53 Billion | +40.85% |
| 2023-04-30 | AU$1.09 Billion | -0.49% |
| 2022-04-30 | AU$1.09 Billion | -15.54% |
| 2021-04-30 | AU$1.29 Billion | -5.87% |
| 2020-04-30 | AU$1.37 Billion | +9.72% |
| 2019-04-30 | AU$1.25 Billion | -9.97% |
| 2018-04-30 | AU$1.39 Billion | -15.19% |
| 2017-04-30 | AU$1.64 Billion | +19.60% |
| 2016-04-30 | AU$1.37 Billion | +18.37% |
| 2015-04-30 | AU$1.16 Billion | -27.44% |
| 2014-04-30 | AU$1.59 Billion | -1.86% |
| 2013-04-30 | AU$1.62 Billion | +21.65% |
| 2012-04-30 | AU$1.34 Billion | -7.46% |
| 2011-04-30 | AU$1.44 Billion | +4.73% |
| 2010-04-30 | AU$1.38 Billion | +7.68% |
| 2009-04-30 | AU$1.28 Billion | +3.20% |
| 2008-04-30 | AU$1.24 Billion | +6.60% |
| 2007-04-30 | AU$1.16 Billion | +12.60% |
| 2006-04-30 | AU$1.03 Billion | -32.16% |
| 2005-04-30 | AU$1.52 Billion | +223.82% |
| 2004-04-30 | AU$470.15 Million | +10.08% |
| 2003-04-30 | AU$427.11 Million | +24.29% |
| 2002-04-30 | AU$343.63 Million | -2.93% |
| 2001-04-30 | AU$354.00 Million | +3.53% |
| 2000-04-30 | AU$341.95 Million | -16.29% |
| 1998-04-30 | AU$408.51 Million | -21.93% |
| 1997-04-30 | AU$523.28 Million | +83.56% |
| 1996-04-30 | AU$285.07 Million | 0.00% |
| 1995-04-30 | AU$285.07 Million | +2.88% |
| 1994-04-30 | AU$277.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metcash Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1077.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$363.80 Million | 22.38% |
| Common Stock | AU$1.26 Billion | 77.70% |
| Other Comprehensive Income | AU$-1.30 Million | -0.08% |
| Total Equity | AU$1.63 Billion | 100.00% |
Metcash Ltd Competitors by Market Cap
The table below lists competitors of Metcash Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Ruyi Holdings Limited
F:4Z81
|
$1.98 Billion |
|
ARMOUR Residential REIT Inc
NYSE:ARR
|
$1.98 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
$1.98 Billion |
|
Oberoi Realty Limited
NSE:OBEROIRLTY
|
$1.98 Billion |
|
Xian Sunresin New Materials Co Ltd
SHE:300487
|
$1.98 Billion |
|
NetLink NBN Trust
PINK:NETLF
|
$1.97 Billion |
|
Kemira Oyj
PINK:KOYJF
|
$1.97 Billion |
|
TOMRA SYSTEMS ASA NK-50
F:TMRA
|
$1.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metcash Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,516,600,000 to 1,625,900,000, a change of 109,300,000 (7.2%).
- Net income of 283,300,000 contributed positively to equity growth.
- Dividend payments of 167,000,000 reduced retained earnings.
- Share repurchases of 9,700,000 reduced equity.
- Other comprehensive income decreased equity by 8,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$283.30 Million | +17.42% |
| Dividends Paid | AU$167.00 Million | -10.27% |
| Share Repurchases | AU$9.70 Million | -0.6% |
| Other Comprehensive Income | AU$-8.30 Million | -0.51% |
| Other Changes | AU$11.00 Million | +0.68% |
| Total Change | AU$- | 7.21% |
Book Value vs Market Value Analysis
This analysis compares Metcash Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.64x to 1.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-04-30 | AU$0.80 | AU$2.93 | x |
| 1995-04-30 | AU$0.83 | AU$2.93 | x |
| 1996-04-30 | AU$0.83 | AU$2.93 | x |
| 1997-04-30 | AU$1.36 | AU$2.93 | x |
| 1998-04-30 | AU$0.76 | AU$2.93 | x |
| 2000-04-30 | AU$0.63 | AU$2.93 | x |
| 2001-04-30 | AU$0.65 | AU$2.93 | x |
| 2002-04-30 | AU$0.58 | AU$2.93 | x |
| 2003-04-30 | AU$0.62 | AU$2.93 | x |
| 2004-04-30 | AU$0.65 | AU$2.93 | x |
| 2005-04-30 | AU$2.35 | AU$2.93 | x |
| 2006-04-30 | AU$1.72 | AU$2.93 | x |
| 2007-04-30 | AU$1.53 | AU$2.93 | x |
| 2008-04-30 | AU$1.62 | AU$2.93 | x |
| 2009-04-30 | AU$1.67 | AU$2.93 | x |
| 2010-04-30 | AU$1.72 | AU$2.93 | x |
| 2011-04-30 | AU$1.79 | AU$2.93 | x |
| 2012-04-30 | AU$1.63 | AU$2.93 | x |
| 2013-04-30 | AU$1.88 | AU$2.93 | x |
| 2014-04-30 | AU$1.80 | AU$2.93 | x |
| 2015-04-30 | AU$1.27 | AU$2.93 | x |
| 2016-04-30 | AU$1.47 | AU$2.93 | x |
| 2017-04-30 | AU$1.70 | AU$2.93 | x |
| 2018-04-30 | AU$1.41 | AU$2.93 | x |
| 2019-04-30 | AU$1.33 | AU$2.93 | x |
| 2020-04-30 | AU$1.49 | AU$2.93 | x |
| 2021-04-30 | AU$1.25 | AU$2.93 | x |
| 2022-04-30 | AU$1.09 | AU$2.93 | x |
| 2023-04-30 | AU$1.11 | AU$2.93 | x |
| 2024-04-30 | AU$1.52 | AU$2.93 | x |
| 2025-04-30 | AU$1.48 | AU$2.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metcash Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.64%
- • Asset Turnover: 2.51x
- • Equity Multiplier: 4.24x
- Recent ROE (17.42%) is above the historical average (8.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 5.24% | 0.63% | 3.66x | 2.27x | AU$-13.19 Million |
| 1996 | -0.23% | -0.02% | 3.29x | 3.44x | AU$-29.14 Million |
| 1997 | -0.12% | -0.02% | 2.27x | 3.31x | AU$-52.95 Million |
| 1998 | -0.05% | 0.00% | 4.36x | 2.87x | AU$-41.00 Million |
| 2000 | -3.99% | -0.27% | 3.81x | 3.96x | AU$-47.85 Million |
| 2001 | 9.24% | 0.60% | 4.16x | 3.71x | AU$-2.70 Million |
| 2002 | -3.04% | -0.17% | 4.92x | 3.63x | AU$-44.81 Million |
| 2003 | 19.04% | 1.14% | 5.10x | 3.26x | AU$38.61 Million |
| 2004 | 21.64% | 1.34% | 5.10x | 3.17x | AU$54.74 Million |
| 2005 | 6.89% | 1.41% | 2.33x | 2.11x | AU$-47.31 Million |
| 2006 | 7.86% | 0.99% | 2.65x | 3.01x | AU$-22.11 Million |
| 2007 | 14.34% | 1.72% | 3.10x | 2.69x | AU$50.49 Million |
| 2008 | 15.93% | 1.95% | 3.17x | 2.58x | AU$73.46 Million |
| 2009 | 15.85% | 1.84% | 3.34x | 2.57x | AU$74.76 Million |
| 2010 | 17.27% | 1.98% | 3.16x | 2.76x | AU$95.79 Million |
| 2011 | 17.55% | 1.95% | 3.25x | 2.76x | AU$103.88 Million |
| 2012 | 7.14% | 0.73% | 3.03x | 3.20x | AU$-36.11 Million |
| 2013 | 12.72% | 1.59% | 3.14x | 2.55x | AU$44.11 Million |
| 2014 | 10.67% | 1.26% | 3.19x | 2.65x | AU$10.56 Million |
| 2015 | -35.13% | -3.02% | 3.55x | 3.28x | AU$-518.49 Million |
| 2016 | 15.91% | 1.60% | 4.04x | 2.46x | AU$80.42 Million |
| 2017 | 10.56% | 1.22% | 3.59x | 2.41x | AU$9.04 Million |
| 2018 | -10.83% | -1.03% | 3.89x | 2.70x | AU$-287.49 Million |
| 2019 | 15.54% | 1.52% | 3.45x | 2.96x | AU$68.75 Million |
| 2020 | -4.19% | -0.44% | 2.77x | 3.46x | AU$-192.47 Million |
| 2021 | 18.67% | 1.67% | 2.95x | 3.79x | AU$111.01 Million |
| 2022 | 22.72% | 1.62% | 2.92x | 4.82x | AU$137.41 Million |
| 2023 | 24.12% | 1.64% | 2.94x | 5.01x | AU$151.64 Million |
| 2024 | 16.96% | 1.62% | 2.75x | 3.82x | AU$105.54 Million |
| 2025 | 17.42% | 1.64% | 2.51x | 4.24x | AU$120.71 Million |
Industry Comparison
This section compares Metcash Ltd's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $3,981,174
- Average return on equity (ROE) among peers: -266.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metcash Ltd (MTS) | AU$1.67 Billion | 5.24% | 3.29x | $1.98 Billion |
| The Hydration Pharmaceuticals Company Ltd (HPC) | $3.98 Million | -266.43% | 1.61x | $545.86K |