Metcash stock was last at AUD 3.010 as margins face pressure

Published on 10/08/2026 at 04:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Metcash stock was last at AUD 3.010 on October 7, 2026, while 12 analysts set a Buy consensus and an AUD 3.38 average target. FY27 sales rose 2.8 percent.

Metcash, AU000000MTS0, Illustration mit AI erstellt.

Metcash stock was last at AUD 3.010 on the ASX on October 7, 2026, with the quote unchanged. The latest consensus puts the average target at AUD 3.38, giving the valuation discussion a concrete benchmark as the group manages cost pressure in FY27.

Consensus target stays above shares

StockAnalysis reported on October 7, 2026, that 12 analysts held a Buy consensus and an average price target of AUD 3.38. That target stands 12.29 percent above the AUD 3.010 share price, a comparison that makes earnings execution more important than a simple recovery narrative.

The same market page put Metcash's market capitalization at AUD 3.3 billion and its 52-week performance at negative 19.79 percent as of October 7, 2026. The figures point to a stock trading below its level from a year earlier while analysts still assign a higher value to the business.

Sales growth meets margin pressure

Metcash's September 9, 2026 trading update showed group sales excluding tobacco up 2.8 percent in the first 18 weeks of FY27. As ShareTrader reported, Food sales excluding tobacco rose 2.6 percent, Liquor sales increased 0.8 percent and Hardware and Tools sales grew 6.0 percent.

The counterweight is earnings quality. Total Tools sales rose 9.8 percent and Hardware sales increased 5.0 percent, but the company said first-half earnings would face pressure from persistent cost inflation in Food and Liquor, an adverse sales mix and the end of accelerated tobacco excise benefits, according to ShareTrader.

FY26 cash flow supports the case

FY26 group revenue reached AUD 19.6 billion, up 0.7 percent, while EBITDA rose 1.9 percent to AUD 761.7 million and operating cash flow increased 3.5 percent to AUD 558 million. Veye reported those FY26 figures on September 22, 2026.

The combination matters because sales growth alone does not settle the investment debate. Metcash must convert growth in Hardware and Tools and resilient Food demand into margins while absorbing higher operating costs. The December half-year result is therefore the next scheduled checkpoint for whether the top line is translating into profit.

Metcash stock was last at AUD 3.010

Metcash stock was last at AUD 3.010 on the ASX on October 7, 2026, at 4:10 p.m. AEST. The unchanged quote, AUD 3.3 billion market capitalization and negative 19.79 percent 52-week performance leave the AUD 3.38 consensus target as the clearest published valuation comparison.