MCSHF (Metcash) Gross Margin %: 13.44% (As of Apr. 2026) — 25% Above Median


MCSHF Metcash Ltd MCSHF
63 GF Score
Price $1.48
GF Value $1.72
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metcash Gross Margin %?

Metcash MCSHF -36.26% 63 Gross Margin % is 13.44% as of Apr. 2026, which is 25% above its 10-year median of 10.72. GuruFocus rates MCSHF with a GF Score™ of 63/100 and a GF Value™ of $1.72 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 305 Retail - Defensive companies, Metcash ranks worse than 77.38% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Metcash's Gross Profit for the six months ended in Apr. 2026 was $846 Mil. Metcash's Revenue for the six months ended in Apr. 2026 was $6,295 Mil. Therefore, Metcash's Gross Margin % for the quarter that ended in Apr. 2026 was 13.44%.


The historical rank and industry rank for Metcash's Gross Margin % or its related term are showing as below:

MCSHF' s Gross Margin % Range Over the Past 10 Years
Min: 8.75   Med: 10.72   Max: 13.54
Current: 13.54


During the past 13 years, the highest Gross Margin % of Metcash was 13.54%. The lowest was 8.75%. And the median was 10.72%.

MCSHF's Gross Margin % is ranked worse than
77.38% of 305 companies
in the Retail - Defensive industry
Industry Median: 24.14 vs MCSHF: 13.54

Metcash had a gross margin of 13.44% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Metcash was 5.40% per year.


Metcash  (OTCPK:MCSHF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Metcash had a gross margin of 13.44% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Metcash Gross Margin % Related Terms


Metcash Gross Margin % Historical Data

* Premium members only.

The historical data trend for Metcash's Gross Margin % 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 Gross Margin % Chart

Metcash Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.09 11.66 12.20 12.95 13.54

Metcash Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Gross Margin % 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 12.19 12.93 12.96 13.63 13.44

MCSHF vs SYY, USFD, PFGC: Gross Margin % Comparison

For the Food Distribution subindustry, Metcash's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Metcash Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metcash's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Metcash's Gross Margin % falls into.


MCSHF
63GF Score
Metcash Ltd MCSHF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metcash Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Metcash's Gross Margin for the fiscal year that ended in Apr. 2026 is calculated as

Gross Margin % (A: Apr. 2026 )=Gross Profit (A: Apr. 2026 ) / Revenue (A: Apr. 2026 )
=1666 / 12307.801
=(Revenue - Cost of Goods Sold) / Revenue
=(12307.801 - 10641.844) / 12307.801
=13.54 %

Metcash's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=846.2 / 6295.39
=(Revenue - Cost of Goods Sold) / Revenue
=(6295.39 - 5449.22) / 6295.39
=13.44 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 13.44% mean?
Metcash (MCSHF) has a Gross Margin % of 13.44% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Metcash and its competitors. This is 25% above median its historical median of 10.72. Over the past decade, Metcash's Gross Margin % has ranged from 8.75 to 13.54. According to the industry distribution chart, Metcash ranks #236 out of 305 companies in the Retail - Defensive industry, placing it in the top 77.4%.
Is Metcash's Gross Margin % too high?
Metcash's current Gross Margin % of 13.44% is 25% above median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 8.75 to a high of 13.54. The Retail - Defensive industry median Gross Margin % is 24.14. Metcash's value of 13.44% is 44.3% below this industry median. Based on the distribution chart, Metcash ranks #236 out of 305 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Metcash has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metcash's Gross Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Metcash ranks #236 out of 305 companies for Gross Margin %. This places Metcash in the lower half of its industry. The industry median Gross Margin % is 24.14. Metcash's value of 13.44% is 44.3% below this benchmark. Historically, Metcash's own Gross Margin % has ranged from 8.75 to 13.54 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 24.14, Metcash has consistently been below 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 Gross Margin % for a Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.14, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metcash's current Gross Margin % of 13.44% is 44.3% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Metcash and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metcash's current Gross Margin % is 13.44%, which is 25% above median its own 10-year median of 10.72. 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 (MCSHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.72, compared to a current price of $1.48 — trading 14% below its estimated fair value. The current Gross Margin % is 13.44%, which is 25% above median its 10-year median of 10.72 and 44.3% below the Retail - Defensive industry median of 24.14. Metcash's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Metcash (MCSHF), the current Gross Margin % is 13.44% 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 (MCSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Metcash stock appears to be undervalued. The current stock price of $1.48 is trading 14% below its estimated GF Value™ of $1.72. GuruFocus considers Metcash to be Modestly Undervalued.

Key valuation signals for MCSHF:

  • Gross Margin %: 13.44% (25% above median its 10-year median of 10.72)
  • GF Value™: $1.72 vs. price of $1.48 (14% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 44.3% below the Retail - Defensive median (#236 of 305)

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


Metcash Business Description

Other Exchanges MG9:GermanyMTS:Australia
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.
63GF Score

Get the complete analysis for MCSHF

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

$1.48
Price
$1.72
GF Value