Metro (MTRAF) ROA %: 6.73% (As of Mar. 2026) — Near Median


MTRAF Metro Inc MTRAF
77 GF Score
Price $66.28
GF Value $67.51
Valuation Fairly Valued
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What is Metro ROA %?

Metro MTRAF +2.70% 77 ROA % is 6.73% as of Mar. 2026, which is 2% below its 10-year median of 6.86. GuruFocus rates MTRAF with a GF Score™ of 77/100 and a GF Value™ of $67.51 (Fairly Valued). Among 312 Retail - Defensive companies, Metro ranks better than 75.32% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Metro's annualized Net Income for the quarter that ended in Mar. 2026 was $719 Mil. Metro's average Total Assets over the quarter that ended in Mar. 2026 was $10,684 Mil. Therefore, Metro's annualized ROA % for the quarter that ended in Mar. 2026 was 6.73%.

The historical rank and industry rank for Metro's ROA % or its related term are showing as below:

MTRAF' s ROA % Range Over the Past 10 Years
Min: 6.09   Med: 6.86   Max: 20.23
Current: 6.97

During the past 13 years, Metro's highest ROA % was 20.23%. The lowest was 6.09%. And the median was 6.86%.

MTRAF's ROA % is ranked better than
75.32% of 312 companies
in the Retail - Defensive industry
Industry Median: 3.56 vs MTRAF: 6.97

Metro  (OTCPK:MTRAF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=718.66/10684.4225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(718.66 / 14906.704)*(14906.704 / 10684.4225)
=Net Margin %*Asset Turnover
=4.82 %*1.3952
=6.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Metro ROA % Related Terms


Metro ROA % Historical Data

* Premium members only.

The historical data trend for Metro's ROA % 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 ROA % Chart

Metro Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 6.11 7.39 6.63 7.02

Metro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 6.09 9.27 5.96 6.15 6.73

MTRAF vs KR, SFM, ACI: ROA % Comparison

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

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

* The bar in red indicates where Metro's ROA % falls into.


MTRAF
77GF Score
Metro Inc MTRAF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro ROA % Calculation

Metro's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=735.145/( (10438.949+10509.903)/ 2 )
=735.145/10474.426
=7.02 %

Metro's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=718.66/( (10765.857+10602.988)/ 2 )
=718.66/10684.4225
=6.73 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.73% mean?
Metro (MTRAF) has a ROA % of 6.73% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Metro and its competitors. This is near median its historical median of 6.86. Over the past decade, Metro's ROA % has ranged from 6.09 to 20.23. According to the industry distribution chart, Metro ranks #77 out of 312 companies in the Retail - Defensive industry, placing it in the top 24.7%.
Is Metro's ROA % too high?
Metro's current ROA % of 6.73% is near median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 6.09 to a high of 20.23. The Retail - Defensive industry median ROA % is 3.56. Metro's value of 6.73% is 89% above this industry median. Based on the distribution chart, Metro ranks #77 out of 312 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Metro has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro's ROA % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #77 out of 312 companies for ROA %. This places Metro in the top 25% of its industry — outperforming the majority of peers. The industry median ROA % is 3.56. Metro's value of 6.73% is 89% above this benchmark. Historically, Metro's own ROA % has ranged from 6.09 to 20.23 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 3.56, 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 ROA % for a Retail - Defensive company?
The median ROA % among Retail - Defensive companies is 3.56, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metro's current ROA % of 6.73% is 89% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Metro and its competitors. For the Retail - Defensive industry, the median ROA % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current ROA % is 6.73%, which is near median its own 10-year median of 6.86. 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 $67.51, compared to a current price of $66.28 — trading 1.8% below its estimated fair value. The current ROA % is 6.73%, which is near median its 10-year median of 6.86 and 89% above the Retail - Defensive industry median of 3.56. Metro's overall GF Score™ is 77/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Metro (MTRAF), the current ROA % is 6.73% 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 $66.28 is trading 1.8% below its estimated GF Value™ of $67.51. GuruFocus considers Metro to be Fairly Valued.

Key valuation signals for MTRAF:

  • ROA %: 6.73% (near median its 10-year median of 6.86)
  • GF Value™: $67.51 vs. price of $66.28 (1.8% below fair value)
  • GF Score™: 77/100
  • Industry Position: 89% above the Retail - Defensive median (#77 of 312)

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 Business Description

Other Exchanges 62M:GermanyMRU: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.
77GF Score

Get the complete analysis for MTRAF

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

$66.28
Price
$67.51
GF Value