COLES GROUP LIMITED (COL)
Share Price Analysis and Chart

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COL

COL - COLES GROUP LIMITED

FNArena Sector : Food, Beverages & Tobacco
Year End: June
GICS Industry Group : Food & Staples Retailing
Debt/EBITDA: 2.56
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Coles is an Australian supermarket chain with more than 800 stores. The original store opened in Collingwood, Victoria in 1914. Coles was owned by Wesfarmers from 2007 to 2018, when it was demerged as a separate listed entity.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$24.27

15 Oct
2026

0.640

OPEN

$23.80

2.71%

HIGH

$24.27

5,197,950

LOW

$23.69

TARGET
$25.286 4.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMC . AVG . CKF . DMP . EDV . GYG . ING . LRK . MBH . MTS . RFG . SGLLV . SPG . TWE . WOA . WOW . YOW .
FNARENA'S MARKET CONSENSUS FORECASTS
COL: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 81.5 100.8 xxx
DPS (cps) xxx 78.0 83.0 xxx
EPS Growth xxx 0.9% 23.7% xxx
DPS Growth xxx 13.0% 6.4% xxx
PE Ratio xxx N/A 23.7 xxx
Dividend Yield xxx N/A 3.5% xxx
Div Pay Ratio(%) xxx 95.8% 82.3% xxx

Dividend yield today if purchased 3 years ago: 5.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.26

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 37.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx81.5
DPS All xxxxxxxxxxxxxxx78.0
Sales/Revenue xxxxxxxxxxxxxxx45,722.0 M
Book Value Per Share xxxxxxxxxxxxxxx294.8
Net Operating Cash Flow xxxxxxxxxxxxxxx3,344.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.38 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx28.12 %
Return on Invested Capital xxxxxxxxxxxxxxx8.50 %
Return on Assets xxxxxxxxxxxxxxx4.78 %
Return on Equity xxxxxxxxxxxxxxx28.12 %
Return on Total Capital xxxxxxxxxxxxxxx14.06 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx915.0 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx1,249 M
Long Term Debt xxxxxxxxxxxxxxx8,643 M
Total Debt xxxxxxxxxxxxxxx9,892 M
Goodwill - Gross xxxxxxxxxxxxxxx1,158 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx568 M
Price To Book Value xxxxxxxxxxxxxxx8.28

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx1,491.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.26 %
Cost of Goods Sold xxxxxxxxxxxxxxx34,993 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8,763 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx272 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

0.5

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

26/08/2026

1

Buy

$26.50

9.19%

Ord Minnett retains its Buy rating for Coles Group and lowers its target to $26.50 from $27.00 following a modest FY26 earnings beat.

Underlying profit rose 14% to $1.3bn, around 1% above consensus, according to the analyst, supported by strong cost control.

Supermarkets revenue increased 4%, while the EBIT margin expanded 43bps to 5.7%.

FY27 supermarket sales growth for the first eight weeks of FY27 of around 3.7% disappointed, while Liquor remains weak, the broker notes.

Ord Minnett cuts its FY27-FY29 EPS forecasts by -0.4%, -3.3% and -3.6%, respectively, reflecting weaker sales assumptions, additional Liquor store closures and higher capex.

FORECAST
Ord Minnett forecasts a full year FY27 dividend of 83.00 cents and EPS of 100.00 cents.
Ord Minnett forecasts a full year FY28 dividend of 89.00 cents and EPS of 107.00 cents.

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

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xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$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

27/08/2026

3

Neutral

$22.80

-6.06%

Jarden maintains its Neutral rating for Coles Group with its target price increased to $22.80 from $22.60 following an in-line FY26 financial result with no surprises.

Operational performance featured consistent 10% EBIT growth across both halves, well-controlled costs, and a fourth-quarter sales lift as tobacco headwinds eased.

Medium-term forecasts are lifted to account for $300m of growth capital expenditure by the end of FY28 alongside an additional $100m of cost reductions targeted through FY29.

The analyst highlights that grocery run-rates and space expansion will support improving momentum, while liquor headwinds are projected to ease in FY27 through store optimisations.
Access Extra Coverage Research History >

COL STOCK CHART

FNArena News on COL

1
Rudi’s View: The Index Is No Longer The Market

Sep 30 2026 - Rudi's View
2
Rudi’s View: Australia’s Most Unloved Buy-Rated Stocks

Sep 23 2026 - Rudi's View
3
Rudi’s View: Post-August Stock Picks & Best Buys

Sep 10 2026 - Rudi's View
4
Rudi’s View: Australia Remains Outside The AI Party

Sep 09 2026 - Rudi's View
5
Weekly Ratings, Targets, Forecast Changes – 28-08-26

Aug 31 2026 - Weekly Reports

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