METRO AG (HAM:B4B) Net Margin %: -3.43% (As of Mar. 2026)


HAM:B4B METRO AG HAM:B4B
66 GF Score
Price €7.30
GF Value €5.44
Valuation Significantly Overvalued
! 10 Warning Signs
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What is METRO AG Net Margin %?

METRO AG HAM:B4B 66 Net Margin % is -3.43% as of Mar. 2026. GuruFocus rates HAM:B4B with a GF Score™ of 66/100 and a GF Value™ of €5.44 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 310 Retail - Defensive companies, METRO AG ranks worse than 82.58% on this metric.

Net margin is calculated as Net Income divided by its Revenue. METRO AG's Net Income for the three months ended in Mar. 2026 was €-250 Mil. METRO AG's Revenue for the three months ended in Mar. 2026 was €7,288 Mil. Therefore, METRO AG's net margin for the quarter that ended in Mar. 2026 was -3.43%.

The historical rank and industry rank for METRO AG's Net Margin % or its related term are showing as below:

HAM:B4B' s Net Margin % Range Over the Past 10 Years
Min: -1.12   Med: 1.14   Max: 1.79
Current: -0.93


HAM:B4B's Net Margin % is ranked worse than
82.58% of 310 companies
in the Retail - Defensive industry
Industry Median: 2.155 vs HAM:B4B: -0.93

METRO AG  (HAM:B4B) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


METRO AG Net Margin % Related Terms


METRO AG Net Margin % Historical Data

* Premium members only.

The historical data trend for METRO AG's Net 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.

METRO AG Net Margin % Chart

METRO AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -1.12 1.44 -0.39 -0.67

METRO AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 -2.18 -0.51 -1.13 0.93 -3.43

HAM:B4B vs SYY, USFD, PFGC: Net Margin % Comparison

For the Food Distribution subindustry, METRO AG's Net Margin %, along with its competitors' market caps and Net 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.


METRO AG Net Margin % vs Retail - Defensive Industry

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

* The bar in red indicates where METRO AG's Net Margin % falls into.


HAM:B4B
66GF Score
METRO AG HAM:B4B
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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METRO AG Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

METRO AG's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=-218/32447
=-0.67 %

METRO AG's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-250/7288
=-3.43 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -3.43% mean?
METRO AG (HAM:B4B) has a Net Margin % of -3.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on METRO AG and its competitors. According to the industry distribution chart, METRO AG ranks #256 out of 310 companies in the Retail - Defensive industry, placing it in the top 82.6%.
Is METRO AG's Net Margin % too high?
METRO AG's current Net Margin % is -3.43%. Based on the distribution chart, METRO AG ranks #256 out of 310 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, METRO AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does METRO AG's Net Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, METRO AG ranks #256 out of 310 companies for Net Margin %. This places METRO AG in the lower half of its industry. The industry median Net Margin % is 2.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Defensive company?
The median Net Margin % among Retail - Defensive companies is 2.16, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on METRO AG and its competitors. For the Retail - Defensive industry, the median Net Margin % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. METRO AG's current Net Margin % is -3.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is METRO AG stock overvalued right now?
Based on GuruFocus' analysis, METRO AG (HAM:B4B) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.44, compared to a current price of €7.30 — trading 34.2% above its estimated fair value. The current Net Margin % is -3.43%. METRO AG's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For METRO AG (HAM:B4B), the current Net Margin % is -3.43% 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 AG (HAM:B4B) Overvalued in 2026?

Based on GuruFocus' analysis, METRO AG stock appears to be overvalued. The current stock price of €7.30 is trading 34.2% above its estimated GF Value™ of €5.44. GuruFocus considers METRO AG to be Significantly Overvalued.

Key valuation signals for HAM:B4B:

  • Net Margin %: -3.43%
  • GF Value™: €5.44 vs. price of €7.30 (34.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the HAM:B4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


METRO AG Business Description

Address Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG is an international food wholesaler operating in more than 30 countries under the METRO and MAKRO brands, serving as the central management holding company. The company provides food and non-food products to professional customers, mainly HoReCa and Traders, through a multichannel model that combines wholesale stores, delivery services, and digital solutions. Its offerings include assortments tailored to professional needs, digital services through DISH Digital Solutions, a B2B online marketplace via METRO MARKETS, and real estate activities through METRO PROPERTIES. METRO operates through the segments Germany, West, Russia, East, and Others, which include digital units and logistics, IT, and procurement services.
66GF Score

Get the complete analysis for HAM:B4B

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

€7.30
Price
€5.44
GF Value