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MetroMTRAF 88 Debt-to-EBITDA is 2.36 as of Mar. 2026, which is 9% above its 10-year median of 2.17. GuruFocus rates MTRAF with a GF Score™ of 88/100 and a GF Value™ of $68.58 (Fairly Valued). Among 256 Retail - Defensive companies, Metro ranks worse than 50.78% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Metro's Debt-to-EBITDA or its related term are showing as below:
MTRAF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.1 Med: 2.17 Max: 2.78
Current: 2.28
During the past 13 years, the highest Debt-to-EBITDA Ratio of Metro was 2.78. The lowest was 1.10. And the median was 2.17.
MTRAF's Debt-to-EBITDA is ranked worse than 50.78% of 256
companies
in the Retail - Defensive industry
Industry Median: 2.225
vs MTRAF: 2.28
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Metro Debt-to-EBITDA Related Terms
Metro Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Metro's Debt-to-EBITDA 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.
For the Grocery Stores subindustry, Metro's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Metro Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Metro's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Metro's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Metro (MTRAF) has a Debt-to-EBITDA of 2.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Metro. This is near median its historical median of 2.17. Over the past decade, Metro's Debt-to-EBITDA has ranged from 1.10 to 2.78. According to the industry distribution chart, Metro ranks #130 out of 256 companies in the Retail - Defensive industry, placing it in the top 50.8%.
Is Metro's Debt-to-EBITDA too high?
Metro's current Debt-to-EBITDA of 2.36 is near median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.78. The Retail - Defensive industry median Debt-to-EBITDA is 2.23. Metro's value of 2.36 is 6.1% above this industry median. Based on the distribution chart, Metro ranks #130 out of 256 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Metro has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro's Debt-to-EBITDA compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #130 out of 256 companies for Debt-to-EBITDA. This places Metro in the lower half of its industry. The industry median Debt-to-EBITDA is 2.23. Metro's value of 2.36 is 6.1% above this benchmark. Historically, Metro's own Debt-to-EBITDA has ranged from 1.10 to 2.78 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.23, Metro has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.23, based on 256 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metro's current Debt-to-EBITDA of 2.36 is 6.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Metro. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current Debt-to-EBITDA is 2.36, which is near median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Based on GuruFocus' analysis, Metro (MTRAF) is currently considered Fairly Valued. The stock's GF Value™ is $68.58, compared to a current price of $66.02 — trading 3.7% below its estimated fair value. The current Debt-to-EBITDA is 2.36, which is near median its 10-year median of 2.17 and 6.1% above the Retail - Defensive industry median of 2.23. Metro's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Metro (MTRAF), the current Debt-to-EBITDA is 2.36 as of Mar. 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 Metro (MTRAF) Overvalued in 2026?
Based on GuruFocus' analysis, Metro stock appears to be undervalued.
The current stock price of $66.02 is trading 3.7% below its estimated GF Value™ of $68.58.
GuruFocus considers Metro to be Fairly Valued.
Key valuation signals for MTRAF:
Debt-to-EBITDA: 2.36 (near median its 10-year median of 2.17)
GF Value™: $68.58 vs. price of $66.02 (3.7% below fair value)
Industry Position: 6.1% above the Retail - Defensive median (#130 of 256)
No single metric tells the full story. See the MTRAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
88GF Score
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