MCSHF (Metcash) Asset Turnover: 1.30 (As of Apr. 2026)


MCSHF Metcash Ltd MCSHF
63 GF Score
Price $1.48
GF Value $1.72
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Metcash Asset Turnover?

Metcash MCSHF -36.26% 63 Asset Turnover is 1.30 as of Apr. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Metcash's Revenue for the six months ended in Apr. 2026 was $6,295 Mil. Metcash's Total Assets for the quarter that ended in Apr. 2026 was $4,833 Mil. Therefore, Metcash's Asset Turnover for the quarter that ended in Apr. 2026 was 1.30.

Asset Turnover is linked to ROE % through Du Pont Formula. Metcash's annualized ROE % for the quarter that ended in Apr. 2026 was 16.88%. It is also linked to ROA % through Du Pont Formula. Metcash's annualized ROA % for the quarter that ended in Apr. 2026 was 4.02%.


Metcash  (OTCPK:MCSHF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Metcash's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=194.184/1150.2735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(194.184 / 12590.78)*(12590.78 / 4833.255)*(4833.255/ 1150.2735)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.54 %*2.605*4.2018
=ROA %*Equity Multiplier
=4.02 %*4.2018
=16.88 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Metcash's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=194.184/4833.255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(194.184 / 12590.78)*(12590.78 / 4833.255)
=Net Margin %*Asset Turnover
=1.54 %*2.605
=4.02 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Metcash Asset Turnover Related Terms


Metcash Asset Turnover Historical Data

* Premium members only.

The historical data trend for Metcash's Asset Turnover 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 Asset Turnover Chart

Metcash Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 2.85 2.81 2.69 2.65

Metcash Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Asset Turnover 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 1.41 1.34 1.23 1.23 1.30

MCSHF vs SYY, USFD, PFGC: Asset Turnover Comparison

For the Food Distribution subindustry, Metcash's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Defensive Industry

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

* The bar in red indicates where Metcash's Asset Turnover falls into.


MCSHF
63GF Score
Metcash Ltd MCSHF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Metcash Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=12307.801/( (4334.654+4962.057)/ 2 )
=12307.801/4648.3555
=2.65

Metcash's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=6295.39/( (4704.453+4962.057)/ 2 )
=6295.39/4833.255
=1.30

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 1.30 mean?
Metcash (MCSHF) has a Asset Turnover of 1.30 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Metcash and its competitors.
Is Metcash's Asset Turnover too high?
Metcash's current Asset Turnover is 1.30. 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 Asset Turnover compare to SYY and USFD?
Metcash's Asset Turnover of 1.30 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Metcash and its competitors. Metcash's current Asset Turnover is 1.30. 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 Asset Turnover is 1.30. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Metcash (MCSHF), the current Asset Turnover is 1.30 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:

  • Asset Turnover: 1.30
  • GF Value™: $1.72 vs. price of $1.48 (14% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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

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

$1.48
Price
$1.72
GF Value