Metcash (ASX:MTS) Accumulated Depreciation: A$-1,359 Mil (As of Apr. 2026)

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ASX:MTS Metcash Ltd ASX:MTS
74 GF Score
Price A$2.97
GF Value A$3.56
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Metcash Accumulated Depreciation?

Metcash ASX:MTS 74 Accumulated Depreciation is A$-1,359 Mil as of Apr. 2026. GuruFocus rates ASX:MTS with a GF Score™ of 74/100 and a GF Value™ of A$3.56 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Metcash's quarterly accumulated depreciation declined from Apr. 2025 (A$-1,132 Mil) to Oct. 2025 (A$0 Mil) but then increased from Oct. 2025 (A$0 Mil) to Apr. 2026 (A$-1,359 Mil).

Metcash's annual accumulated depreciation increased from Apr. 2024 (A$-921 Mil) to Apr. 2025 (A$-1,132 Mil) and increased from Apr. 2025 (A$-1,132 Mil) to Apr. 2026 (A$-1,359 Mil).

Metcash Accumulated Depreciation Related Terms

Metcash Accumulated Depreciation Historical Data

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The historical data trend for Metcash's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Metcash Accumulated Depreciation Chart

Metcash Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -604.00 -759.60 -920.80 -1,131.80 -1,358.90

Metcash Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -920.80 0.00 -1,131.80 0.00 -1,358.90
ASX:MTS
74GF Score
Metcash Ltd ASX:MTS
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Metcash Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of A$-1,359 Mil mean?
Metcash (ASX:MTS) has a Accumulated Depreciation of A$-1,359 Mil as of Apr. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Metcash and its competitors.
Is Metcash's Accumulated Depreciation too high?
Metcash's current Accumulated Depreciation is A$-1,359 Mil. Overall, Metcash has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metcash's Accumulated Depreciation compare to SYY and USFD?
Metcash's Accumulated Depreciation of A$-1,359 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Retail - Defensive company?
A good Accumulated Depreciation depends on the Retail - Defensive industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Metcash and its competitors. Metcash's current Accumulated Depreciation is A$-1,359 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metcash stock overvalued right now?
Based on GuruFocus' analysis, Metcash (ASX:MTS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.56, compared to a current price of A$2.97 — trading 16.6% below its estimated fair value. The current Accumulated Depreciation is A$-1,359 Mil. Metcash's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Metcash (ASX:MTS), the current Accumulated Depreciation is A$-1,359 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Metcash (ASX:MTS) Overvalued in 2026?

Based on GuruFocus' analysis, Metcash stock appears to be undervalued. The current stock price of A$2.97 is trading 16.6% below its estimated GF Value™ of A$3.56. GuruFocus considers Metcash to be Modestly Undervalued.

Key valuation signals for ASX:MTS:

  • Accumulated Depreciation: A$-1,359 Mil
  • GF Value™: A$3.56 vs. price of A$2.97 (16.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the ASX:MTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Metcash Business Description

Other Exchanges MCSHF:USAMG9:Germany
Address 1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113
Metcash is a wholesaler, and to a lesser extent a retailer, specializing in food, liquor, and hardware. Centralized wholesale distribution enables independent retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and venues like pubs.
74GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.97
Price
A$3.56
GF Value