COLES GROUP LIMITED (COL)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

COL

COL - COLES GROUP LIMITED

FNArena Sector : Food, Beverages & Tobacco
Year End: June
GICS Industry Group : Food & Staples Retailing
Debt/EBITDA: 2.81
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Coles is an Australia supermarket chain with over 800 stores. The original opened in Collingwood, Victoria in 1914. Coles was under the ownership of Wesfarmers from 2007 to 2018 when it was demerged into a seperate entity.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$19.41

27 Mar
2025

0.090

OPEN

$19.35

0.47%

HIGH

$19.41

2,320,319

LOW

$19.22

TARGET
$21.443 10.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMC . AVG . BFC . CKF . DMP . EDV . GYG . ING . LRK . MBH . MTS . RFG . SGLLV . TSI . TWE . WOA . WOW . YOW .
FNARENA'S MARKET CONSENSUS FORECASTS
COL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 83.8 83.1 xxx
DPS (cps) xxx N/A 69.1 xxx
EPS Growth xxx 0.2% - 0.8% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 23.7 xxx
Dividend Yield xxx N/A 3.5% xxx
Div Pay Ratio(%) xxx N/A 83.1% xxx

Dividend yield today if purchased 3 years ago: 3.79%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.45

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 32c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx83.8
DPS All xxxxxxxxxxxxxxx68.0
Sales/Revenue xxxxxxxxxxxxxxx43,684.0 M
Book Value Per Share xxxxxxxxxxxxxxx271.0
Net Operating Cash Flow xxxxxxxxxxxxxxx2,793.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.58 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx32.35 %
Return on Invested Capital xxxxxxxxxxxxxxx9.29 %
Return on Assets xxxxxxxxxxxxxxx5.27 %
Return on Equity xxxxxxxxxxxxxxx32.35 %
Return on Total Capital xxxxxxxxxxxxxxx15.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx269.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx911 M
Long Term Debt xxxxxxxxxxxxxxx9,158 M
Total Debt xxxxxxxxxxxxxxx10,069 M
Goodwill - Gross xxxxxxxxxxxxxxx1,151 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx675 M
Price To Book Value xxxxxxxxxxxxxxx6.28

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1,671.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx33,816 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx7,885 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx225 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

28/02/2025

2

Accumulate

$21.00

8.19%

Ord Minnett notes Coles Group's 1H25 earnings beat consensus. and the company flagged a positive start to 2H. Solid revenue and tight cost control led to strong margin performance, the broker highlights.

The analyst believes both Coles and Woolworths Group ((WOW)) are set for a strong year in FY26 but sees more upside in Woolworths than Coles.

EPS forecasts cut by 1% across FY25-27. Target price rises to $21 from $19.5 and Accumulate retained.

Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Jarden

26/03/2025

3

Neutral

$19.50

0.46%

Jarden reckons there are few immediate implications for the supermarkets from the ACCC's final supermarkets inquiry report.

Among the potential implications, the broker thinks Aldi will have to put prices online which could drive prices lower. The broker believes supermarkets would likely be forced to shift to everyday low pricing and online penetration, and more transparency in fresh food transparency could drive costs.

The broker believes Woolworths Group ((WOW)) suffered the most brand damage from the public review and is now best positioned to benefit, followed by Coles Group.

Target price of $19.50 and Neutral rating unchanged.

FORECAST
Jarden forecasts a full year FY25 dividend of 67.00 cents and EPS of 82.40 cents.
Jarden forecasts a full year FY26 dividend of 76.00 cents and EPS of 93.90 cents.
Access Extra Coverage Research History >

COL STOCK CHART

FNArena News on COL

1
In Brief: Retail Slips, Rigs Retire, Wesfarmers Expands

Mar 28 2025 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Mar 27, 2025

Mar 27 2025 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Mar 26, 2025

Mar 26 2025 - Daily Market Reports
4
Rudi’s View: Captive & Uncomfortable

Mar 26 2025 - Rudi's View
5
Sighs Of Relief Post Supermarkets Inquiry

Mar 24 2025 - Australia

Latest Food, Beverages & Tobacco News

1
Sighs Of Relief Post Supermarkets Inquiry

Mar 24 2025 - Australia
2
Risk Off Puts Supermarkets In Focus

Mar 19 2025 - Australia
3
Choppy Waters For Endeavour

Mar 04 2025 - Australia
4
Woolworths: Oh Lord, I Have Sinned

Feb 28 2025 - Australia
5
Domino’s Painful Steps Yet To Convince All

Feb 11 2025 - Australia
6
Collins Foods, The Earnings Comeback Kid?

Dec 05 2024 - Australia
7
Metcash’s Earnings Geared To Housing Recovery

Dec 04 2024 - Australia
8
Coles Wins The Battle, But The War?

Nov 11 2024 - Australia
9
No Quick Fix For Woolworths Margins

Nov 06 2024 - Australia
10
Guzman y Gomez Defying Consumer Squeeze

Oct 15 2024 - Small Caps