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Metcash operate in the Food & Staples Retailing Industry alongside their competitors Coles and Woolworths. Estimate the 2019 Market Value of Equity for Metcash utilising

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Metcash operate in the Food & Staples Retailing Industry alongside their competitors Coles and Woolworths. Estimate the 2019 Market Value of Equity for Metcash utilising the price multiples methodology and applying the average industry P/B ratio. Net Profit Book Value Equity Market Value Number of Equity Shares Price per share Woolworths 2,759.00 10,669.00 43,854,00 1,258.69 34.84 Coles 1,434.70 3,357 10 20,329.00 1,333.90 15.24 Metcash 195.10 1,250.10 1,022.40

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