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Earnings Data
Report Date
Dec 07, 2026TBA (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.12Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly constructive picture: resilient underlying revenue growth (3.8% ex-tobacco), EBITDA expansion (3.5%), strong cash conversion (three-year cash realisation ~104%), and active strategic progress (Project Horizon, retail media partnership, retail ownership rollout). Offsetting these positives are notable cyclical and structural headwinds—hardware retail margins under pressure, the material decline in tobacco sales (AUD 1.8 billion lost revenue; ~AUD 25m earnings impact), an FY27 AUD 10m excise-related headwind, and rising depreciation and finance costs. Management emphasised disciplined capital allocation, cost savings actions, and platform resilience, suggesting the positives outweigh the negatives in the near term.Company Guidance
Revenue Growth (Excluding Tobacco)
Group revenue was AUD 19.6 billion, growing 3.8% excluding tobacco, demonstrating underlying top-line momentum across core businesses.
EBITDA and EBIT Improvement
EBITDA before strategy & integration costs increased 3.5% to AUD 774 million; EBIT before those costs grew 1.6%, indicating modest earnings expansion after normalising one-off items.
Strong Cash Generation and Conversion
Operating cash flow was AUD 558 million and the three-year cash realization ratio remained robust at ~104.2% (well above the 80%-90% target range), supporting balance sheet flexibility.
Prudent Balance Sheet and Dividend Returned
Leverage sits at ~1x (lower end of target); closing net debt AUD 616.6 million (average net debt ~AUD 835 million). Total dividend declared AUD 0.18 per share (payout ~74% underlying NPAT) with DRP suspended.
Food Pillar Resilience and Margin Expansion
Food EBIT increased to AUD 261.8 million, up 5.4% (7% on a normalized basis). Food EBITDA grew 8.5% to AUD 374.8 million and EBIT margin improved to 2.5% (up 14 basis points), supported by diversification into food service and convenience.
Liquor Market Share Gains and Growth
Independent liquor networks continued to gain share, with 570 basis points of share gained since FY 2020 and a 6.7% revenue CAGR over six years; margins recovered in H2 back to historical trend range (approx. 1.8%-2.1%).
Hardware & Tools Revenue Momentum
Total Tools & Hardware Group revenue (including charge-through) rose 4.3% to AUD 3.7 billion with positive like-for-like growth and improving momentum in the second half, and tools delivered earnings growth.
Strategic Investments Scaling and New Growth Channels
Project Horizon (AI-ready technology) is nearing completion with deployments planned in late 2026; retail media momentum with a partnership signed with QMS and Nine Network; Sorted B2B marketplace supports ~AUD 5.9 billion of revenue flows—all broadening higher-margin, scalable revenue streams.
AU:MTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Metcash Limited (AU:MTS) report earnings?
Metcash Limited (AU:MTS) is schdueled to report earning on Dec 07, 2026, TBA (Confirmed).
What is Metcash Limited (AU:MTS) earnings time?
Metcash Limited (AU:MTS) earnings time is at Dec 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Metcash Limited stock?
The P/E ratio of Metcash Limited is N/A.
What is AU:MTS EPS forecast?
AU:MTS EPS forecast for the fiscal quarter 2027 (Q2) is 0.12.