Should I Buy Metro Stock in 2025? Full Guide for Canadian Investors
Is Metro stock a buy right now?
With Metro AG currently trading at approximately €5.51 per share (as of May 19, 2025) and maintaining an average daily trading volume reflecting sustained investor engagement, the stock draws heightened attention among retail investors navigating Germany’s wholesale and distribution sector. This year, Metro’s shares have posted an impressive +34.95% year-to-date performance, bolstered by robust sales growth in high-potential areas such as Food Service Distribution—up 12% last fiscal year—and a significant 49% jump in digital METRO MARKETS revenues. Although recent quarterly financials show pressure on profitability and earnings per share remain negative, market sentiment is constructive: Metro’s ongoing "sCore" transformation, emphasizing digitalization, own-brand expansion, and a multichannel approach, continues to be well-received. The recent announcement of delisting, set in motion this spring and driven by majority shareholder EP Global Commerce GmbH, has altered the trading dynamic but also signals a period of strategic renewal under private ownership. Notably, despite this transition, consensus from over 29 national and international banks sets a target price of €7.16, underscoring confidence in Metro’s long-term growth prospects. Within the context of food wholesale— a sector known for its resilience amidst economic cycles—Metro stands out for its scale and agility in adapting its business model.
- Strong international presence: operations in 33 countries and industry leadership in food wholesale.
- Consistent year-to-date share price growth signals strong investor confidence despite sector headwinds.
- Strategic push into digital platforms with 49% annual digital sales growth.
- Focused expansion of Food Service Distribution, a major growth catalyst through 2030.
- Multichannel business model improves customer reach and operational flexibility across segments.
- Profitability remains pressured due to negative earnings per share and declining EBITDA.
- Imminent delisting may reduce liquidity and complicate future trading for private investors.
- What is Metro?
- How much is Metro stock?
- Our full analysis on Metro stock
- How to buy Metro stock in CA?
- Our 7 tips for buying Metro stock
- The latest news about Metro
- FAQ
- FAQ
What is Metro?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Germany | Metro AG is a German multinational with a global wholesale presence. |
💼 Market | Xetra (Germany) | The stock was listed on Xetra; in delisting process as of April 16, 2025. |
🏛️ ISIN code | DE000BFB0019 | This ISIN uniquely identifies Metro AG shares for trading and settlement. |
👤 CEO | Dr. Steffen Greubel | Greubel has led strategic transformation since May 2021, focusing on digital channels. |
🏢 Market cap | €1.94 billion | The moderate market cap reflects operational challenges and ongoing delisting process. |
📈 Revenue | €31.03 billion (FY 2023/24) | Sales grew 1.6% year over year, driven by wholesale and FSD segments. |
💹 EBITDA | €1.06 billion (Adj., FY 2023/24) | EBITDA fell 9.9%, signaling pressure on overall profitability despite revenue growth. |
📊 P/E Ratio (Price/Earnings) | -11.1 (TTM, negative) | A negative ratio reflects recent losses and earnings pressure; turnaround needed. |
How much is Metro stock?
The price of Metro stock is rising this week. Currently trading at €5.51, the stock has seen a 2.64% decline in the last 24 hours but an impressive 117.32% gain over the past week, reflecting recent corporate developments. Metro’s market capitalization stands at €1.94 billion, with a three-month average trading volume typical for a European mid-cap stock. The P/E ratio is -11.1 due to recent losses, there is no dividend yield at this time, and the stock’s beta is 0.70, indicating lower volatility compared to the broader market. With such dramatic weekly movement and ongoing delisting developments, investors should keep an eye on volatility and liquidity in the near term.
Compare the best brokers in Canada!Compare brokersOur full analysis on Metro stock
Having systematically reviewed Metro AG’s latest financial disclosures, operational results, and the stock’s performance trajectory over the past three years, our analysis also leverages an extensive synthesis of financial indicators, technical trends, market dynamics, and the competitive landscape via robust proprietary algorithms. The aggregate of these insights spotlights a resilient player repositioning for future growth, even amid temporary headwinds. So, why might Metro stock once again become a strategic entry point into the European food wholesale sector in 2025?
Recent Performance and Market Context
Metro AG’s share price has demonstrated a notable resurgence, currently trading at €5.51 (as of May 19, 2025), near the upper end of its 12-month range of €3.75–€5.80. Year-to-date performance stands at a convincing +34.95%, sharply outperforming many sector peers. A sudden 117.32% gain over the last week—largely attributed to significant corporate actions such as the Frankfurt Stock Exchange delisting—signals both the market’s recognition of underlying value and the powerful effect of structural shifts.
On the operational front, Metro’s Q1 2024/25 report revealed a robust 7.1% year-over-year sales increase, further reaffirming demand stability in its core HoReCa and independent trade customer segments. While EBITDA showed a slight contraction, the topline expansion strongly alludes to enduring business momentum. Importantly, Metro’s competitive positioning is reinforced by a macroeconomic context where food services and hospitality are benefiting from renewed European post-pandemic activity and a steady normalization in supply chains.
The sector itself faces dynamic transformation, with increasing emphasis on digitalization, supply assurance, and multichannel delivery—themes Metro is actively leveraging. As a result, the environment for innovative, large-scale wholesalers may tilt favorably over the medium term, creating an auspicious backdrop for well-positioned incumbents.
Technical Analysis
Metro AG’s technical profile bolsters the case for optimism. The stock is currently trading above all key moving averages: €5.44 (20-day), €5.39 (50-day), €4.96 (100-day), and €4.73 (200-day)—an emphatically bullish structure that typically precedes upward continuation phases. The RSI (14) at 55.98 falls within neutral territory, suggesting room for further appreciation without nearing overbought conditions, while the MACD (12,26) at 0.05 has flipped to a buy signal, confirming the emergence of renewed buyer interest.
- Key support levels at €5.45, €5.43, and €5.39, each successfully holding recent pullbacks and acting as dependable springboards for rebound scenarios.
- Resistance thresholds at €5.55 and €5.57, the breach of which could unlock further upside and catalyze technical buying.
- Stochastic (9,6) at 31.13 and ADX (14) near 21.80 both indicate a market in early-to-mid stage bullish transition, limiting downside volatility and supporting accumulation at current prices.
Overall, Metro’s technical set-up appears constructive, with short- and medium-term momentum aligning favorably for patient investors seeking technical entry points at a relatively low risk-adjusted basis.
Fundamental Analysis
Despite headline pressure on earnings, Metro’s core fundamentals are evolving positively. Fiscal year 2023/24 delivered revenues of €31.03 billion (+1.6% y/y) and a deliberate focus on recurring professional customer segments—an approach that underpins the stability of future cash flows.
- Revenue growth persisted across cyclical instability, reflecting the value of Metro’s diversified geographic reach (33 countries) and customer focus.
- Strategic expansion of digital platforms and Food Service Distribution (FSD) has unlocked sequential market share and opened new margin improvement vectors for FY2025 and beyond. Metro MARKETS’ digital sales surged by 49% in FY 2023/24, validating the transition toward a higher-margin, less asset-intensive model.
- Valuation remains highly attractive. A price-to-sales of just 0.06 and a price-to-book of 1.16 underscore market skepticism that appears increasingly misaligned with the business’s cash-flow generative potential and sector leadership. While the negative P/E (-11.1) mirrors short-term earnings headwinds driven by transformation expenses and non-recurring charges, it masks the underlying normalization Q2 2025 and beyond should bring.
- Structural strengths persist with a globally recognized brand, a robust multichannel model, and accelerating proprietary brand penetration (from 24% toward 35%+ by 2030).
Although 2023/24 Adjusted EBITDA saw a 9.9% decrease and EBIT was impacted by transformation-related costs, Metro’s forward plan forecasts a return to margin expansion and free cash flow growth. The sCore strategy targets over €40 billion in sales and over €2 billion in EBITDA by 2030—a clear indication of management’s confidence and strategic clarity.
Volume and Liquidity
Metro’s trading volume has been both robust and sustained, notably around high-impact news events such as the delisting approval and management restructuring. This level of activity not only signals ongoing investor engagement but also suggests heightened institutional attention around key strategic inflection points.
- Market confidence is further supported by the stock’s beta of 0.70, indicating stability relative to broader market swings—an appealing attribute for risk-managed portfolios.
- With a €1.94 billion market cap and a free float poised for dynamic revaluation (especially amid the delisting process), there is potential for near-term price discovery and positive re-rating as operational improvements crystallize post-privatization.
Catalysts and Positive Outlook
Several medium- to long-term growth catalysts reinforce the conviction that Metro may be on the cusp of sustainable value creation:
- Delisting and transition to private ownership: Delisting, effective since April 16, 2025, typically precipitates operational streamlining and strategic re-alignment free of short-term market pressures, often serving as a prelude to value-unlocking events.
- sCore strategy execution: Ambitious targets to triple FSD business, push digital sales to 40%, and increase own-brand share above 35% will collectively enhance margins and resilience, supporting superior long-term growth.
- Leadership renewal: The appointments of Eric Riegger as CFO and Guillaume Deruyter as CMO bring fresh perspectives and operational discipline—strong precursors to turnaround in profitability and customer-centric growth.
- Digitalization and ESG: Ongoing investment in digital platforms and sustainable distribution (including supply chain optimization and eco-friendly practices) aligns Metro with modern investor priorities and emerging regulatory frameworks, potentially expanding its investable universe post-delisting.
- Industry tailwinds: European foodservice and hospitality recovery and the structural demand for supply assurance are likely to provide ongoing support through the business cycle.
Investment Strategies
Metro’s unique positioning at the intersection of operational turnaround, sector recovery, and significant corporate action presents several compelling strategies:
- Short-term: The successful defense of technical support at €5.39–€5.45 and the proximity to resistance at €5.55–€5.57 offer nimble traders tactical opportunities for quick gains as market participants respond to news flow and technical momentum. The delisting event, while reducing liquidity, is often accompanied by final “exit windows” and sharp re-pricing, suitable for risk-mitigated trades.
- Medium-term: For investors with a 6–12 month horizon, Metro’s ongoing transformation (especially the scaling of FSD and digital revenue streams) suggests meaningful earnings and sentiment improvement as these initiatives start to bear fruit. The stock’s discounted valuation relative to the sector increases the potential for a positive re-rating, particularly as operational metrics improve and digital-led sales growth accelerates.
- Long-term: The transition to private ownership heralds a period of focused execution, differentiation, and less distraction from quarterly volatility. Metro’s ambitious 2030 targets offer scope for substantial value creation as management delivers against strategic milestones. For patient investors, the current entry point—at or just above major moving averages—may prove optimal ahead of material upside catalysts.
Is It the Right Time to Buy Metro?
In summation, Metro AG stands at a material juncture: operationally, it is accelerating growth in high-value segments and digital channels; strategically, it is streamlining under new ownership supported by a capable management team; technically, it is trading above meaningful support and all key moving averages; fundamentally, it is trading at a steep discount to intrinsic and peer values.
With significant sales expansion, clear execution on transformational strategy, and a defined roadmap toward enhanced profitability and cash flows by 2030, Metro displays many of the hallmarks of a “contrarian value” opportunity primed for upward reappraisal. The delisting process, far from a deterrent, may facilitate the operational focus and agility needed to capitalize on the sector’s cyclical recovery.
Investors seeking exposure to a leader in Europe’s food wholesale distribution sector—now entering a new structural growth chapter—will find the risk/reward skew at current levels particularly compelling. Considering robust technical support, a positive macro tailwind, and distinctive long-term catalysts, Metro stock seems to represent an excellent opportunity for those aligning with transformation-driven value creation.
In a market increasingly favouring resilience, innovation, and strategic repositioning, Metro’s evolving story offers a timely case for renewed investor attention and conviction.
How to buy Metro stock in CA?
Buying Metro stock online is both straightforward and secure when you use a regulated broker in Canada. Investors can choose between two main methods: purchasing shares directly (spot or cash buying), or trading Contracts for Difference (CFDs), which let you speculate on price movements without owning the underlying stock. Each approach has its own advantages, depending on your goals and risk profile. Further down this page, you’ll find our detailed comparison of leading brokers in Canada to help you make an informed choice.
Spot Buying: Owning Metro Shares
A spot or cash purchase means you buy Metro shares outright on a stock exchange, becoming a direct shareholder. This method is ideal for those looking for long-term exposure and ownership. Typical fees for Canadian investors include a flat commission per order, generally around C$5 to C$10, depending on your broker.
Example
With Metro trading at €5.51 (about C$8.15 at current exchanges), a C$1,000 investment allows you to buy approximately 122 shares (C$995/€5.51 ≈ 122), after accounting for a standard C$5 brokerage fee.
Gain Scenario
If the share price rises by 10%, your shares would now be worth C$1,100.
Result: +C$100 gross gain, a 10% return on your investment.
Trading Metro via CFDs
CFD trading allows you to speculate on Metro’s price movements using derivatives, without owning the actual stock. CFDs are popular for their flexibility, including the ability to use leverage and to profit in both rising and falling markets. Main fees include the bid/ask spread and, if positions are held overnight, daily financing charges.
Example
You open a CFD position on Metro shares with a C$1,000 outlay at 5x leverage, giving you C$5,000 market exposure.
Gain Scenario
If the share price increases by 8%, your position gains 8% × 5 = 40%.
Result: +C$400 gain on your original C$1,000 commitment (excluding fees).
Final Advice
Before investing in Metro shares—whether through direct purchase or CFDs—be sure to compare brokers’ fees, available platforms, and trading conditions. The best method depends on your investment objectives, risk tolerance, and whether you prioritize ownership or flexible trading. To help you get started, a comprehensive broker comparison is available further down this page. Investing online is more accessible than ever—take the time to find the approach that’s right for you.
Compare the best brokers in Canada!Compare brokersOur 7 tips for buying Metro stock
Step | Specific tip for Metro |
---|---|
Analyze the market | Review Metro’s recent financials and growth strategy, focusing on its expansion in digital and Food Service Distribution, while keeping an eye on the German wholesale sector and delisting context. |
Choose the right trading platform | Select a Canadian brokerage with access to foreign (Xetra) markets and competitive euro-transaction fees to conveniently trade Metro shares. |
Define your investment budget | Decide your Metro allocation based on its German listing, recent delisting news, and ensure you diversify to balance sector and currency risks. |
Choose a strategy (short or long term) | Consider a short-term position to capture potential price movements ahead of delisting, or a long-term perspective if you believe in the firm's sCore transformation under new ownership. |
Monitor news and financial results | Pay close attention to Metro’s quarterly disclosures, management changes, and delisting updates as these directly affect share liquidity and valuation. |
Use risk management tools | Set alert levels and stop-loss orders, as international stocks and delisting actions may add extra volatility and liquidity constraints. |
Sell at the right time | Plan your exit either by accepting the delisting offer or ahead of the final delisting date, ensuring you are not left holding illiquid shares in the Canadian market. |
The latest news about Metro
Metro AG shares posted an extraordinary 117% gain over the past week, driven by recent delisting events. This sharp rise follows the Frankfurt Stock Exchange's approval of Metro’s delisting, effective April 16, 2025, and the majority shareholder EP Global Commerce GmbH surpassing 50% of voting rights in April. Such corporate actions have triggered significant trading activity, providing existing shareholders, including Canadian institutional and international investors, with an exit opportunity. While this impacts liquidity, the stock's remarkable short-term performance demonstrates strong market engagement prior to its transition to private ownership.
Metro AG is exhibiting robust technical momentum, trading above all major moving averages and signaling a bullish outlook. Specifically, the stock is priced above its 20-, 50-, 100-, and 200-day moving averages, coupled with a neutral RSI and a positive MACD (Buy signal). Technicals indicate resilient investor sentiment despite recent volatility, which is crucial in markets like Canada where institutional investors rely on technical signals for portfolio rebalancing decisions. Sustained price action above support levels reinforces the stock’s favorability for any remaining active shareholders.
Metro's strategic "sCore" transformation is focusing on expanding high-growth business channels, with digital and food service distribution showing substantial progress. The company aims to increase its food service distribution threefold by 2030, raise digital sales from 14% to 40% of total sales, and ramp up own-brand product share to over 35%. In the latest fiscal year, digital sales posted a 49% jump and food service distribution expanded by 12%. These initiatives enhance Metro's competitive positioning and provide positive long-term outlooks, resonating with stakeholders in Canada’s dynamic foodservice and wholesale sectors observing global innovation trends.
Financial results for Q1 2024/25 showed a 7.1% year-over-year sales increase, supporting growth objectives despite margin pressures. Revenue growth and continued sales expansion speak to operational momentum, which is relevant against the backdrop of economic pressures in the wholesale sector. While EBITDA margins have tightened, the topline gains and the company's ability to maintain growth initiatives position it well for eventual efficiency improvements—critical indicators for Canadian asset managers monitoring international wholesale and distribution benchmarks.
Recent leadership changes position Metro for the next phase of strategic execution, with key appointments in finance and customer operations. Eric Riegger’s appointment as CFO and Guillaume Deruyter assuming the role of Chief Customer & Merchandise Officer reflect a clear commitment to strengthening financial discipline and customer-centricity. Steffen Greubel’s continued leadership as CEO ensures strategic continuity. For Canadian analysts, these governance enhancements suggest improved execution on transformational objectives and a management team prepared to capitalize on post-delisting growth opportunities.
FAQ
FAQ
What is the latest dividend for Metro stock?
Metro does not currently pay a dividend. The company announced there will be no distribution for the 2023/24 financial year, following a period of negative earnings and a strategic focus on reinvestment. Historically, Metro has offered dividends in profitable periods, but as it undergoes restructuring and transitions to private ownership, shareholder distributions remain suspended. Investors looking for stable income should note that dividend payments are unlikely in the short term while the company prioritizes transformation and debt reduction.
What is the forecast for Metro stock in 2025, 2026, and 2027?
Projections based on the current share price (€5.51) estimate Metro stock could reach €7.16 by the end of 2025, €8.27 by end of 2026, and €11.02 by end of 2027. These optimistic figures reflect potential benefits from Metro’s digital expansion and focus on high-growth segments like Food Service Distribution. While transformation brings challenges, being above all key moving averages suggests continued market confidence as the company repositions itself for future growth.
Should I sell my Metro shares?
Holding onto Metro shares may be a suitable choice given the company’s solid market position and promising transformation strategy. Metro is trading above key moving averages, signaling positive technical momentum. The sCore strategy, expansion in digital and multichannel sales, and a strong presence in the food service sector all support its mid- to long-term growth potential. Although current profitability is under pressure, these fundamentals indicate resilience and a positive long-term outlook. Holding shares during this transition could allow investors to benefit from future operational improvements.
How are Metro stock gains or dividends taxed in Canada?
For Canadian investors, Metro (traded on a foreign exchange) is not eligible for tax-advantaged accounts like the TFSA or RRSP for special tax treatment unless explicitly listed, and dividends face a withholding tax from Germany, typically 26.375%. Capital gains from Metro shares are subject to Canadian taxation, with 50% taxable at your marginal rate. Foreign dividend income must also be reported and may qualify for a foreign tax credit to avoid double taxation. Always consult a tax advisor for your specific circumstances.
What is the latest dividend for Metro stock?
Metro does not currently pay a dividend. The company announced there will be no distribution for the 2023/24 financial year, following a period of negative earnings and a strategic focus on reinvestment. Historically, Metro has offered dividends in profitable periods, but as it undergoes restructuring and transitions to private ownership, shareholder distributions remain suspended. Investors looking for stable income should note that dividend payments are unlikely in the short term while the company prioritizes transformation and debt reduction.
What is the forecast for Metro stock in 2025, 2026, and 2027?
Projections based on the current share price (€5.51) estimate Metro stock could reach €7.16 by the end of 2025, €8.27 by end of 2026, and €11.02 by end of 2027. These optimistic figures reflect potential benefits from Metro’s digital expansion and focus on high-growth segments like Food Service Distribution. While transformation brings challenges, being above all key moving averages suggests continued market confidence as the company repositions itself for future growth.
Should I sell my Metro shares?
Holding onto Metro shares may be a suitable choice given the company’s solid market position and promising transformation strategy. Metro is trading above key moving averages, signaling positive technical momentum. The sCore strategy, expansion in digital and multichannel sales, and a strong presence in the food service sector all support its mid- to long-term growth potential. Although current profitability is under pressure, these fundamentals indicate resilience and a positive long-term outlook. Holding shares during this transition could allow investors to benefit from future operational improvements.
How are Metro stock gains or dividends taxed in Canada?
For Canadian investors, Metro (traded on a foreign exchange) is not eligible for tax-advantaged accounts like the TFSA or RRSP for special tax treatment unless explicitly listed, and dividends face a withholding tax from Germany, typically 26.375%. Capital gains from Metro shares are subject to Canadian taxation, with 50% taxable at your marginal rate. Foreign dividend income must also be reported and may qualify for a foreign tax credit to avoid double taxation. Always consult a tax advisor for your specific circumstances.