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← CockpitCompetitor Analysis › M01.SI Metro Holdings LtdOpen in the cockpit ↗

Metro Holdings LtdM01.SICompetitor analysis, valuation and peers

Singapore · SGD·Consumer Discretionary›Department Stores
Momentum laggard 15
Mkt cap
$214M
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$23,488
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.8 pp
WACC 5.0%
Hurdle
-11 pp
Req g minus delivered
Close · SGDS$0.34
1Dn/a
1W+1.5%
1M-10.7%
3M-27.2%
6M-33.0%
YTD-32.3%
1Y-36.2%
ATR %3.4%
52w lowhigh42.7% off high

What Metro does

No business profile yet.

Metro at a glance

Size Metro (M01.SI) is a Singapore Consumer Discretionary company (Department Stores) with a market value of $214M, the 162nd largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.34 on 6 Nov 2026.

Performance Over six months the shares fell 33.0%, against -13.1% for the median peer and -1.2% for the Singapore market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 6.6% over the last twelve months (peer median -5.5%); the operating margin is -27.5% (peer median 3.0%).

Valuation It trades at 5.7× enterprise value to sales against a peer median of 1.6× (7th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -11 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 6.8 points below its cost of capital (5.0% WACC).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 87M01.SI 69
Six months, rebased to 100: Metro against the median of its 20 peers (local-currency closes).

Metro financials

Reported figures in SGD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueS$97.7MS$97.7MS$105MS$116MS$117M
Revenue growth—-7%-10%-1%—
Gross profitS$3.94MS$3.94MS$7.02MS$12.3MS$20.4M
EBITDA-S$17.4M-S$16.9M-S$3.99MS$2.55MS$9.12M
Net income-S$203M-S$203M-S$225MS$14.6MS$25.2M
Free cash flowS$56.4MS$56.4MS$76.7MS$59.3MS$71.1M
Capital expenditureS$2.86MS$2.86MS$1.45MS$481,000S$1.05M
Total debtn/aS$700MS$763MS$782MS$780M

Quarterly statements and history in the cockpit →

Metro competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%-20%0%452260000679601010600858600712000419000715SHOPERSTOP60085760028082446031012653002187600838000417600865M01.SI6-month return →1-month return →
Up and to the right = strong over both horizons. Metro is the large dot.

Fundamentals: revenue growth against valuation

-60%-40%-20%0%0×20×40×452260000679601010600858600712000419000715SHOPERSTOP002561600857600280002187600838600865M01.SIRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Metro is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%452260601010600858000419000715SHOPERSTOP6008576002808244603101600824600838000417M01.SIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Metro is the large dot.

Metro competitors and peer comparison

How Metro compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Metro against its 20 peers (data as of 6 Nov 2026)
MeasureM01.SIPeer medianRank in peer set
1-month return-10.7%-2.4%4th lowest of 21
6-month return-33.0%-13.1%3rd lowest of 21
Distance from 52-week high-42.7%-38.2%7th lowest of 21
Revenue growth (TTM)-6.6%-5.5%9th lowest of 21
Operating margin-27.5%3.0%2nd lowest of 21
EV / Sales5.7×1.6×7th most expensive of 20
Growth the price implies (Req g, 7 yrs)-10.8%3.4%3rd least demanding of 16
Growth delivered (Del g)+0.1%-2.5%6th highest of 16
Hurdle (Req g minus delivered)-10.9 pp+3.2 pp2nd least demanding of 16
ROIC minus cost of capital-6.8 pp-3.3 pp4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Metro M01.SISingapore$214M-33%-7%-28%5.7×-10.8%+0.1%
Hanwha Galleria 452260.KSSouth Korea$297M-32%+9%7%1.5×7.9%+3.9%
Dalian Friendship (Group) 000679.SZChina$316M-18%-5%-15%5.9×n/an/a
Wenfeng Great World Chain Development 601010.SSChina$328M-48%-22%-4%1.2×-5.4%-8.6%
INZONE 600858.SSChina$376M-17%-2%6%0.9×-15.7%-0.6%
Nanning Department Store 600712.SSChina$393M-24%-24%-12%6.1×n/an/a
Changsha Tongcheng 000419.SZChina$399M-16%-21%6%1.6×-0.3%-3.3%
Zhongxing Shenyang Commercial Building 000715.SZChina$423M-13%-6%16%1.5×-12.3%-2.8%
Shoppers Stop SHOPERSTOP.NSIndia$428M+2%+9%4%1.4×17.1%+23.6%
Shanghai Xujiahui Commercial 002561.SZChina$436M-14%-6%-9%8.0×n/an/a
Ningbo Zhongbai 600857.SSChina$444M+4%-56%4%11.5×51.6%-9.2%
Wing On Co. International 0289.HKHong Kong$457M-16%-2%16%n/an/an/a
Nanjing Central Emporium (Group) Stocks 600280.SSChina$480M-9%-10%-2%4.6×17.4%-8.1%
Kintetsu Department Store 8244.TJapan$491M+16%-1%5%0.7×-6.2%-10.5%
Xinjiang Winka Times Department Store 603101.SSChina$502M-36%+5%9%1.9×-4.2%+2.6%
Shanghai Yimin Commercial 600824.SSChina$572M-12%-12%-2%4.7×11.8%-7.6%
AEON Kyushu 2653.TJapan$597M-3%+3%2%0.3×n/an/a
Guangzhou Grandbuy 002187.SZChina$600M-8%-49%-2%1.6×-5.3%-2.0%
Shanghai Join Buy 600838.SSChina$628M+9%+6%-28%38.8×22.2%+0.4%
Hefei Department Store 000417.SZChina$678M-13%-9%1%0.9×3.4%+1.3%
Baida 600865.SSChina$682M+5%+9%41%16.7×13.3%-2.5%

Questions

Which companies are Metro's closest peers?
The cockpit's peer set: Hanwha Galleria (452260.KS), Dalian Friendship (Group) (000679.SZ), Wenfeng Great World Chain Development (601010.SS), INZONE (600858.SS), Nanning Department Store (600712.SS), Changsha Tongcheng (000419.SZ), Zhongxing Shenyang Commercial Building (000715.SZ), Shoppers Stop (SHOPERSTOP.NS).
Is Metro expensive compared with its peers?
On ev / sales it trades at 5.7× against a peer median of 1.6×, 7th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -11 pp: the price already allows for a slowdown.
How has Metro stock performed?
Over six months to 6 Nov 2026 the shares returned -33.0% against -13.1% for the median peer; over one year -36.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.