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: 2.72
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

$23.38

27 Aug
2025

0.880

OPEN

$22.75

3.91%

HIGH

$23.38

7,308,427

LOW

$22.61

TARGET
$24.179 3.4% 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 FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 80.8 93.1 xxx
DPS (cps) xxx 69.0 76.0 xxx
EPS Growth xxx - 3.6% 15.3% xxx
DPS Growth xxx N/A 10.1% xxx
PE Ratio xxx N/A 25.8 xxx
Dividend Yield xxx N/A 3.2% xxx
Div Pay Ratio(%) xxx 85.4% 81.6% xxx

Dividend yield today if purchased 3 years ago: 3.99%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.87

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 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx80.8
DPS All xxxxxxxxxxxxxxx69.0
Sales/Revenue xxxxxxxxxxxxxxx44,487.0 M
Book Value Per Share xxxxxxxxxxxxxxx284.8
Net Operating Cash Flow xxxxxxxxxxxxxxx2,936.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.43 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx29.07 %
Return on Invested Capital xxxxxxxxxxxxxxx8.35 %
Return on Assets xxxxxxxxxxxxxxx4.79 %
Return on Equity xxxxxxxxxxxxxxx29.07 %
Return on Total Capital xxxxxxxxxxxxxxx14.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx560.0 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 xxxxxxxxxxxxxxx1,078 M
Long Term Debt xxxxxxxxxxxxxxx9,249 M
Total Debt xxxxxxxxxxxxxxx10,327 M
Goodwill - Gross xxxxxxxxxxxxxxx1,151 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx705 M
Price To Book Value xxxxxxxxxxxxxxx7.32

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx1,487.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.34 %
Cost of Goods Sold xxxxxxxxxxxxxxx34,218 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8,304 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx240 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

0.8

No. Of Recommendations

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

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

27/08/2025

1

Buy

$25.00

6.93%

Coles' FY25 Supermarkets earnings were slightly above UBS' estimates, with recent sales trends improving.

The FY26 sales outlook is mixed, with tough comparables in the second quarter but copmmentary highlights there are signs of improvement from the consumer which should boost basket size.

Coles' execution is expected to benefit from investments and ongoing promotional effectiveness.

UBS retains Buy due to Supermarkets (improving industry backdrop, strong execution), with the risk reward seen as attractive despite share price performance. Target rises to $25.00 from $23.50.

FORECAST
UBS forecasts a full year FY26 dividend of 80.00 cents and EPS of 94.00 cents.
UBS forecasts a full year FY27 dividend of 95.00 cents and EPS of 105.00 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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

05/05/2025

3

Neutral

$20.60

-11.89%

Jarden saw few surprises in Coles Group' 3Q25 result, with supermarket sales up 4.7% y/y, Ocado performing well, though liquor was a bit of a drag.

The broker remains skeptical of the benefits of liquor business rebranding, and the -0.2% cut to FY25-26 EBITDA forecast is largely a result of softer liquor results and costs related to brand consolidation.

The broker prefers Woolworths Group ((WOW)) over Coles, but sees scope for both supermarkets to outperform.

Neutral. Target rises to $20.60 from $19.50 on medium-term EBITDA upgrades and terminal margins.

FORECAST
Jarden forecasts a full year FY26 dividend of 76.00 cents and EPS of 93.40 cents.
Access Extra Coverage Research History >

COL STOCK CHART

FNArena News on COL

1
FNArena Corporate Results Monitor – 27-08-2025

Aug 27 2025 - Australia
2
Rudi’s View: BlueScope Steel, IGO, GrainCorp, Pilbara Minerals, Santos & More

Aug 14 2025 - Rudi's View
3
Rudi’s View: AI Updates, Hot Favourites & First August Results

Aug 07 2025 - Rudi's View
4
Rudi’s View: Five Bellwethers For August

Aug 06 2025 - Rudi's View
5
Rudi’s View: Consumer Stocks, Insurers, Telcos & More

Jul 31 2025 - Rudi's View

Latest Food, Beverages & Tobacco News

1
Treasury’s Transition Turbulence

Jun 26 2025 - Australia
2
Collins Foods’ Finger-Lickin’ Turnaround

Jun 25 2025 - Small Caps
3
Metcash Outlook: Tobacco Sales vs Rate Cuts

Jun 24 2025 - Australia
4
Plenty Of US Headaches For Treasury Wine

Jun 11 2025 - Australia
5
Compare The Pair: Woolworths Versus Coles

May 07 2025 - Feature Stories
6
In Brief: Equity Portfolio, Aristocrat & US Copper

Apr 24 2025 - Weekly Reports
7
Collins Foods’ New European Mix

Apr 24 2025 - Australia
8
Momentum Ongoing For Guzman y Gomez

Apr 11 2025 - Small Caps
9
Sighs Of Relief Post Supermarkets Inquiry

Mar 24 2025 - Australia
10
Risk Off Puts Supermarkets In Focus

Mar 19 2025 - Australia