Metro (STU:62M) Piotroski F-Score: 6 (As of Aug. 26, 2026) — Near Median

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STU:62M Metro Inc STU:62M
90 GF Score
Price €55.50
GF Value €59.04
Valuation Fairly Valued
View Full Analysis

What is Metro Piotroski F-Score?

Metro STU:62M 90 Piotroski F-Score is 6 as of Aug. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates STU:62M with a GF Score™ of 90/100 and a GF Value™ of €59.04 (Fairly Valued). Among 300 Retail - Defensive companies, Metro ranks better than 70.33% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Metro has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Metro's Piotroski F-Score or its related term are showing as below:

STU:62M' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Metro was 8. The lowest was 3. And the median was 6.

Metro  (STU:62M) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Metro Piotroski F-Score Related Terms


Metro Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Metro's Piotroski F-Score 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.

Metro Piotroski F-Score Chart

Metro Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 8.00 7.00 5.00 8.00

Metro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 8.00 8.00 7.00 7.00 6.00

STU:62M vs KR, SFM, ACI: Piotroski F-Score Comparison

For the Grocery Stores subindustry, Metro's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Metro's Piotroski F-Score falls into.


STU:62M
90GF Score
Metro Inc STU:62M
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 133.029 + 139.599 + 155.41 + 130.565 = €559 Mil.
Cash Flow from Operations was 307.383 + 72.926 + 352.998 + 276.654 = €1,010 Mil.
Revenue was 3146.315 + 3272.253 + 3223.575 + 4311.178 = €13,953 Mil.
Gross Profit was 629.3 + 644.694 + 647.552 + 809.366 = €2,731 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(9064.679 + 8954.437 + 9194.042 + 9171.585 + 9095.321) / 5 = €9096.0128 Mil.
Total Assets at the begining of this year (Jun25) was €9,065 Mil.
Long-Term Debt & Capital Lease Obligation was €2,870 Mil.
Total Current Assets was €1,706 Mil.
Total Current Liabilities was €1,197 Mil.
Net Income was 145.932 + 173.478 + 141.366 + 204.761 = €666 Mil.

Revenue was 3284.732 + 3430.077 + 3163.595 + 4358.47 = €14,237 Mil.
Gross Profit was 648.047 + 675.88 + 632.99 + 861.291 = €2,818 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(9441.297 + 9405.493 + 9702.631 + 9181.379 + 9064.679) / 5 = €9359.0958 Mil.
Total Assets at the begining of last year (Jun24) was €9,441 Mil.
Long-Term Debt & Capital Lease Obligation was €2,603 Mil.
Total Current Assets was €1,677 Mil.
Total Current Liabilities was €1,223 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Metro's current Net Income (TTM) was 559. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Metro's current Cash Flow from Operations (TTM) was 1,010. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=558.603/9064.679
=0.06162413

ROA (Last Year)=Net Income/Total Assets (Jun24)
=665.537/9441.297
=0.07049212

Metro's return on assets of this year was 0.06162413. Metro's return on assets of last year was 0.07049212. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Metro's current Net Income (TTM) was 559. Metro's current Cash Flow from Operations (TTM) was 1,010. ==> 1,010 > 559 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=2870.449/9096.0128
=0.31557223

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=2603.157/9359.0958
=0.27814193

Metro's gearing of this year was 0.31557223. Metro's gearing of last year was 0.27814193. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=1705.694/1196.732
=1.42529322

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1676.72/1222.922
=1.37107681

Metro's current ratio of this year was 1.42529322. Metro's current ratio of last year was 1.37107681. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Metro's number of shares in issue this year was 211.9. Metro's number of shares in issue last year was 219.5. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2730.912/13953.321
=0.19571771

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2818.208/14236.874
=0.19795132

Metro's gross margin of this year was 0.19571771. Metro's gross margin of last year was 0.19795132. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=13953.321/9064.679
=1.53930669

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=14236.874/9441.297
=1.50793625

Metro's asset turnover of this year was 1.53930669. Metro's asset turnover of last year was 1.50793625. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Metro has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Metro (STU:62M) has a Piotroski F-Score of 6 as of Aug. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Metro and its competitors. This is near median its historical median of 6.00. Over the past decade, Metro's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Metro ranks #89 out of 300 companies in the Retail - Defensive industry, placing it in the top 29.7%.
Is Metro's Piotroski F-Score too high?
Metro's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Metro's value of 6 is 0% at this industry median. Based on the distribution chart, Metro ranks #89 out of 300 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Metro has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro's Piotroski F-Score compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #89 out of 300 companies for Piotroski F-Score. This puts Metro in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Metro's value of 6 is 0% at this benchmark. Historically, Metro's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Metro has consistently been at 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 Piotroski F-Score for a Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 300 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metro's current Piotroski F-Score of 6 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Metro and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. 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 (STU:62M) is currently considered Fairly Valued. The stock's GF Value™ is €59.04, compared to a current price of €55.50 — trading 6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Retail - Defensive industry median of 6.00. Metro's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Metro (STU:62M), the current Piotroski F-Score is 6 as of Aug. 26, 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 (STU:62M) Overvalued in 2026?

Based on GuruFocus' analysis, Metro stock appears to be undervalued. The current stock price of €55.50 is trading 6% below its estimated GF Value™ of €59.04. GuruFocus considers Metro to be Fairly Valued.

Key valuation signals for STU:62M:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €59.04 vs. price of €55.50 (6% below fair value)
  • GF Score™: 90/100
  • Industry Position: 0% at the Retail - Defensive median (#89 of 300)

No single metric tells the full story. See the STU:62M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metro Business Description

Other Exchanges MTRAF:USAMRU:Canada
Address 11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
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.
90GF Score

Get the complete analysis for STU:62M

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

€55.50
Price
€59.04
GF Value