Metro AG
Metro AG operates as a food wholesale company in Germany and internationally. The company is involved in store-based wholesale trade under the METRO and MAKRO brand; delivery business under the METRO delivery service, Classic Fine Foods, Caterite, Pro à Pro, R Express, Aviludo, Pro a Pro Spain, and Johan i Hallen Bergfalk names; and operates an online marketplace under the METRO MARKETS name. It … Read more
Metro AG (B4B) - Net Assets
Latest net assets as of December 2024: €1.76 Billion EUR
Based on the latest financial reports, Metro AG (B4B) has net assets worth €1.76 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.43 Billion) and total liabilities (€10.67 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 | €1.76 Billion |
| % of Total Assets | 14.16% |
| Annual Growth Rate | 7.29% |
| 5-Year Change | -19.02% |
| 10-Year Change | -37.04% |
| Growth Volatility | 69.07 |
Metro AG - Net Assets Trend (2014–2024)
This chart illustrates how Metro AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Metro AG (2014–2024)
The table below shows the annual net assets of Metro AG from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €1.67 Billion | -17.46% |
| 2023-09-30 | €2.02 Billion | -14.50% |
| 2022-09-30 | €2.37 Billion | +28.05% |
| 2021-09-30 | €1.85 Billion | -10.38% |
| 2020-09-30 | €2.06 Billion | -24.64% |
| 2019-09-30 | €2.73 Billion | -12.62% |
| 2018-09-30 | €3.13 Billion | -2.40% |
| 2017-09-30 | €3.21 Billion | +9.68% |
| 2016-09-30 | €2.92 Billion | +10.30% |
| 2015-09-30 | €2.65 Billion | +220.94% |
| 2014-09-30 | €826.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metro AG'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 decreased by 312500000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €4.79 Billion | 287.35% |
| Total Equity | €1.67 Billion | 100.00% |
Metro AG Competitors by Market Cap
The table below lists competitors of Metro AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Usinas Siderurgicas de Minas Gerais
PINK:USNZY
|
$446.78 Million |
|
Hardwoods Distribution Inc
PINK:HDIUF
|
$446.96 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$447.19 Million |
|
PT Darma Henwa Tbk
F:0DH
|
$447.22 Million |
|
Decai Decoration Co Ltd
SHG:605287
|
$446.60 Million |
|
Sabre Insurance Group plc
PINK:SBIGY
|
$446.46 Million |
|
Religare Enterprises Limited
NSE:RELIGARE
|
$446.38 Million |
|
Robex Resources Inc
PINK:RSRBF
|
$446.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,011,000,000 to 1,668,000,000, a change of -343,000,000 (-17.1%).
- Net loss of 120,000,000 reduced equity.
- Dividend payments of 201,000,000 reduced retained earnings.
- Other factors decreased equity by 22,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-120.00 Million | -7.19% |
| Dividends Paid | €201.00 Million | -12.05% |
| Other Changes | €-22.00 Million | -1.32% |
| Total Change | €- | -17.06% |
Book Value vs Market Value Analysis
This analysis compares Metro AG'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: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.71x to 1.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | €7.44 | €5.28 | x |
| 2020-09-30 | €5.65 | €5.28 | x |
| 2021-09-30 | €5.03 | €5.28 | x |
| 2022-09-30 | €6.46 | €5.28 | x |
| 2023-09-30 | €5.54 | €5.28 | x |
| 2024-09-30 | €4.59 | €5.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro AG 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): -7.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.39%
- • Asset Turnover: 2.64x
- • Equity Multiplier: 7.04x
- Recent ROE (-7.19%) is below the historical average (6.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.03% | 0.10% | 2.28x | 21.51x | €-39.50 Million |
| 2015 | 9.71% | 0.68% | 2.00x | 7.16x | €-7.70 Million |
| 2016 | 17.52% | 1.38% | 2.29x | 5.54x | €217.20 Million |
| 2017 | 10.28% | 1.09% | 1.90x | 4.99x | €8.90 Million |
| 2018 | 11.14% | 1.17% | 1.93x | 4.93x | €35.10 Million |
| 2019 | -4.66% | -0.47% | 1.87x | 5.36x | €-396.30 Million |
| 2020 | 22.41% | 1.79% | 1.94x | 6.43x | €254.70 Million |
| 2021 | -3.07% | -0.23% | 1.93x | 7.02x | €-238.60 Million |
| 2022 | -14.25% | -1.12% | 2.31x | 5.48x | €-568.40 Million |
| 2023 | 21.83% | 1.44% | 2.62x | 5.79x | €237.90 Million |
| 2024 | -7.19% | -0.39% | 2.64x | 7.04x | €-286.80 Million |
Industry Comparison
This section compares Metro AG's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $673,835,884
- Average return on equity (ROE) among peers: -23.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metro AG (B4B) | €1.76 Billion | 5.03% | 6.06x | $446.69 Million |
| Kernel Holding SA (0KE) | $1.74 Billion | 17.16% | 1.23x | $67.54 Million |
| Cheffelo AB (publ) (4HY) | $442.11 Million | 7.33% | 0.69x | $56.40 Million |
| Metro AG vz. (Pref Shares) (B4B3) | $989.00 Million | 0.00% | 16.89x | $448.38 Million |
| Zoglo's Food Corp. (G8I) | $4.53 Million | -176.20% | 1.14x | $172.44 |
| WASGAU Produktions & Handels AG (MSH) | $72.61 Million | 3.58% | 1.54x | $4.39 Million |
| SpartanNash Company (SRJ) | $790.78 Million | 7.93% | 1.42x | $777.16 Million |