COLES GROUP LIMITED (COL)
Share Price Analysis and Chart

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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

$18.68

20 Dec
2024

-0.040

OPEN

$18.35

-0.21%

HIGH

$18.77

4,441,741

LOW

$18.47

TARGET
$19.536 4.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMC . AVG . BFC . CCL . CKF . DMP . EDV . GDA . 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 84.3 xxx
DPS (cps) xxx N/A 70.3 xxx
EPS Growth xxx 0.2% 0.6% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 22.2 xxx
Dividend Yield xxx N/A 3.8% xxx
Div Pay Ratio(%) xxx N/A 83.4% xxx

Dividend yield today if purchased 3 years ago: 3.84%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.64

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 © 2024 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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$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

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Citi

14/11/2024

1

Buy

$21.00

12.42%

Following today's Coles Group investor day, Citi still expects cost savings will support earnings across FY25 and FY26.

Management reiterated its target of over -$1bn in savings from the Simplify and Save to Invest program over four years.

No new targets or capital management changes were disclosed.

The Buy rating and $21 target are retained.

FORECAST
Citi forecasts a full year FY25 dividend of 72.00 cents and EPS of 84.70 cents.
Citi forecasts a full year FY26 dividend of 84.50 cents and EPS of 99.50 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Bell Potter

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

19/11/2024

3

Neutral

$16.90

-9.53%

Jarden observes Coles Group's strategy is focusing on simplification, fresh produce, and affordability, supported by tailored ranges, digital innovation, and efficiency improvements targeting -$1bn in savings over four years.

Management's promotional refinements aim to boost sales and margins, with supplier feedback suggesting near-term outperformance over Woolworths.

Jarden retains earnings forecasts, but upside potential exists for FY26 forecasts, driven by cost savings and operational gains.

Neutral rating and $16.90 target price unchanged.

FORECAST
Jarden forecasts a full year FY25 dividend of 68.00 cents and EPS of 83.40 cents.
Jarden forecasts a full year FY26 EPS of 93.80 cents.
Access Extra Coverage Research History >

COL STOCK CHART

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Latest Food, Beverages & Tobacco News

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Dec 05 2024 - Australia
2
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3
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Nov 11 2024 - Australia
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