WESFARMERS LIMITED (WES)
Share Price Analysis and Chart

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WES

WES - WESFARMERS LIMITED

FNArena Sector : Consumer Products & Services
Year End: June
GICS Industry Group : Food & Staples Retailing
Debt/EBITDA: 1.97
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Wesfarmer is an Australian conglomerate with interests predominantly in Australian and New Zealand retail companies. It owns Bunnings, Kmart, Officeworks and Target, amongst others. Founded as the Westralian Farmers Co-operative in 1914 it became a listed entity in November 1984.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$79.15

02 Jun
2026

-0.600

OPEN

$79.89

-0.75%

HIGH

$80.24

1,900,020

LOW

$77.83

TARGET
$77.30

-0.60 change from previous day

 -2.3% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALD . PFP .
FNARENA'S MARKET CONSENSUS FORECASTS
WES: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 258.0 250.4 xxx
DPS (cps) xxx 356.0 211.8 xxx
EPS Growth xxx 14.3% - 2.9% xxx
DPS Growth xxx 79.8% - 40.5% xxx
PE Ratio xxx N/A 31.6 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 138.0% 84.6% xxx

Dividend yield today if purchased 3 years ago: 7.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.49

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: 05/11 - ex-div 40c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx258.0
DPS All xxxxxxxxxxxxxxx356.0
Sales/Revenue xxxxxxxxxxxxxxx45,576.0 M
Book Value Per Share xxxxxxxxxxxxxxx809.6
Net Operating Cash Flow xxxxxxxxxxxxxxx4,568.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.42 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx32.92 %
Return on Invested Capital xxxxxxxxxxxxxxx15.44 %
Return on Assets xxxxxxxxxxxxxxx9.78 %
Return on Equity xxxxxxxxxxxxxxx32.92 %
Return on Total Capital xxxxxxxxxxxxxxx19.03 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,130.0 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1,149 M
Long Term Debt xxxxxxxxxxxxxxx10,019 M
Total Debt xxxxxxxxxxxxxxx11,168 M
Goodwill - Gross xxxxxxxxxxxxxxx3,790 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx638 M
Price To Book Value xxxxxxxxxxxxxxx10.47

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx1,147.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.52 %
Cost of Goods Sold xxxxxxxxxxxxxxx38,614 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3,135 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1,209 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

0.1

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Ord Minnett

20/05/2026

3

Hold

$70.00

-11.56%

Ord Minnett has looked at the modelling and outlook for Wesfarmers, concluding the conglomerate is better positioned to ride out a challenging environment than other pure consumer-facing businesses.

Wesfarmers has exposure to commodity prices as well as a resurgent lithium price and the broker raises forecasts for EBIT growth in FY27 for the chemicals, energy and fertiliser division.

The retail businesses, such as Bunnings and Kmart, also have an established value proposition which should leave them comparatively better placed than other consumer-exposed companies.

Group FY27 EBIT growth of 15% is forecast. Hold rating and $70 target retained.

Citi

xx/xx/xxxx

5

xxxxxxxxx xx xxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Jarden

03/06/2026

3

Neutral

$75.30

-4.86%

Jarden maintains a Neutral rating for Wesfarmers with its target price increased to $75.30 from $74.50.

Near term earnings per share revisions are increased by 1% to 3% on the back of higher lithium pricing forecasts.

Commentary explains positive metrics are increasingly underpinned by lithium upgrades tied directly to the Mt Holland development project.

The broker believes strong market placement as a sector competitor at an every day low price tier secures favourable margin outcomes across the flagship Kmart and Bunnings franchises.

Robust balance sheet capacity provides flexible long-term operational optionality for future corporate acquisitions or expanded internal capital expenditure initiatives, the report concludes.

FORECAST
Jarden forecasts a full year FY26 dividend of 219.00 cents and EPS of 251.50 cents.
Jarden forecasts a full year FY27 dividend of 252.00 cents and EPS of 288.60 cents.
Access Extra Coverage Research History >

WES STOCK CHART

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