Coles Group
Market Cap
AU$20.3b
Last Updated
2019/12/07 10:42 UTC
Data Sources
Company Financials +
Executive Summary
Coles Group Limited operates as a retailer in Australia.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and fair value.
Similar Companies
Share Price & News
How has Coles Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.2%
COL
-0.2%
AU Consumer Retailing
-2.0%
AU Market
1 Year Return
21.1%
COL
10.5%
AU Consumer Retailing
16.7%
AU Market
Return vs Industry: COL exceeded the Australian Consumer Retailing industry which returned 10.5% over the past year.
Return vs Market: COL exceeded the Australian Market which returned 16.7% over the past year.
Shareholder returns
| COL | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.2% | -0.2% | -2.0% |
| 30 Day | -0.1% | -1.0% | 0.1% |
| 90 Day | 3.9% | 1.9% | 0.4% |
| 1 Year | 24.4%21.1% | 12.9%10.5% | 22.5%16.7% |
| 3 Year | n/a | 31.0%21.9% | 35.4%16.8% |
| 5 Year | n/a | 47.5%30.6% | 60.6%24.4% |
Price Volatility Vs. Market
How volatile is Coles Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Do You Know What Coles Group Limited's (ASX:COL) P/E Ratio Means?2 weeks ago | Simply Wall St
Is Now The Time To Put Coles Group (ASX:COL) On Your Watchlist?3 weeks ago | Simply Wall St
How Many Coles Group Limited (ASX:COL) Shares Do Institutions Own?Valuation
Is Coles Group undervalued compared to its fair value and its price relative to the market?
27.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COL (A$15.26) is trading below our estimate of fair value (A$21.09)
Significantly Below Fair Value: COL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COL is good value based on its PE Ratio (18.9x) compared to the Consumer Retailing industry average (20.6x).
PE vs Market: COL is poor value based on its PE Ratio (18.9x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: COL is poor value based on its PEG Ratio (48x)
Price to Book Ratio
PB vs Industry: COL is overvalued based on its PB Ratio (6.1x) compared to the XX Consumer Retailing industry average (1.5x).
Next Steps
Future Growth
How is Coles Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
0.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COL's forecast earnings growth (0.4% per year) is below the savings rate (1.1%).
Earnings vs Market: COL's earnings (0.4% per year) are forecast to grow slower than the Australian market (9.4% per year).
High Growth Earnings: COL's earnings are forecast to grow, but not significantly.
Revenue vs Market: COL's revenue (1.5% per year) is forecast to grow slower than the Australian market (3.6% per year).
High Growth Revenue: COL's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COL's Return on Equity is forecast to be high in 3 years time (27.2%)
Next Steps
Past Performance
How has Coles Group performed over the past 5 years?
5.4%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: COL has high quality earnings.
Growing Profit Margin: COL's current net profit margins (2.8%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if COL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare COL's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: COL earnings growth over the past year (5.4%) exceeded the Consumer Retailing industry 2.2%.
Return on Equity
High ROE: COL's Return on Equity (32.1%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Coles Group's financial position?
Financial Position Analysis
Short Term Liabilities: COL's short term assets (A$3.4B) do not cover its short term liabilities (A$4.3B).
Long Term Liabilities: COL's short term assets (A$3.4B) exceed its long term liabilities (A$2.1B).
Debt to Equity History and Analysis
Debt Level: COL's debt to equity ratio (43.5%) is considered high.
Reducing Debt: Insufficient data to determine if COL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COL's debt is well covered by operating cash flow (155.8%).
Interest Coverage: COL's interest payments on its debt are well covered by EBIT (35x coverage).
Balance Sheet
Inventory Level: COL has a high level of physical assets or inventory.
Debt Coverage by Assets: COL's debt is covered by short term assets (assets are 2.3x debt).
Next Steps
Dividend
What is Coles Group's current dividend yield, its reliability and sustainability?
1.57%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: COL's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: COL's dividend (1.57%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether COL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if COL's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.7%), COL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COL's dividends in 3 years are forecast to be covered by earnings (82.8% payout ratio).
Next Steps
Management
What is the CEO of Coles Group's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
steve Cain (54yo)
1.3yrs
Tenure
AU$5,882,981
Compensation
Mr. Steven Cain, also known as Steve, serves as Managing Director at Coles Group Ltd. (operates independently of Wesfarmers Limited) since September 28, 2018. He serves as Director at Coles Group Limited s ...
CEO Compensation Analysis
Compensation vs Market: steve's total compensation ($USD4.03M) is about average for companies of similar size in the Australian market ($USD3.84M).
Compensation vs Earnings: Insufficient data to compare steve's compensation with company performance.
Management Age and Tenure
0.9yrs
Average Tenure
Experienced Management: COL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Age and Tenure
1.1yrs
Average Tenure
54yo
Average Age
Experienced Board: COL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 18,000 |
| Max Price | AU$14.15 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 20,000 |
| Max Price | AU$13.44 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 8,090 |
| Max Price | AU$13.56 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 20,000 |
| Max Price | AU$11.27 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 800 |
| Max Price | AU$11.42 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Director |
| Shares | 40,000 |
| Max Price | AU$11.59 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
steve Cain (54yo)
MD, CEO & Director
- Tenure: 1.3yrs
- Compensation: AU$5.88m
Leah Weckert
Chief Financial Officer
- Tenure: 1.8yrs
- Compensation: AU$2.46m
Matthew Swindells
Chief Operations Officer
- Tenure: 0.9yrs
Mark Howell
General Manager of Investor Relations
- Tenure: 0yrs
David Brewster
Chief Legal Officer
- Tenure: 0yrs
Greg Davis
Chief Executive - Commercial & Express
- Tenure: 0.9yrs
- Compensation: AU$2.29m
Thinus Keeve
Chief Property & Export Officer
- Tenure: 0.9yrs
Lisa Ronson
Chief Marketing Officer
- Tenure: 0.9yrs
Roger Sniezek
Chief Information & Digital Officer
- Tenure: 0yrs
Kris Webb
Chief People Officer
- Tenure: 0yrs
Board Members
Richard Freudenstein (54yo)
Non-Executive Director
- Tenure: 1.1yrs
- Compensation: AU$170.83k
James Graham (71yo)
Independent Chairman
- Tenure: 1.1yrs
- Compensation: AU$431.87k
steve Cain (54yo)
MD, CEO & Director
- Tenure: 1.3yrs
- Compensation: AU$5.88m
Dave Cheesewright (57yo)
Non Executive Director
- Tenure: 1.1yrs
- Compensation: AU$153.44k
Abi Cleland (46yo)
Non-Executive Director
- Tenure: 1.1yrs
- Compensation: AU$153.44k
Zlatko Todorcevski (51yo)
Non-Executive Director
- Tenure: 1.1yrs
- Compensation: AU$170.89k
Jacqueline Chow
Non Executive Director
- Tenure: 1.1yrs
- Compensation: AU$153.63k
Wendy Stops (58yo)
Non-Executive Director
- Tenure: 1.1yrs
- Compensation: AU$153.55k
Company Information
Coles Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Coles Group Limited
- Ticker: COL
- Exchange: ASX
- Founded: 1914
- Industry: Hypermarkets and Super Centers
- Sector: Consumer Retailing
- Market Cap: AU$20.302b
- Shares outstanding: 1.33b
- Website: https://www.colesgroup.com.au
Number of Employees
Location
- Coles Group Limited
- 800 Toorak Road
- Hawthorn East
- Victoria
- 3123
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2018 |
| COL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2018 |
| CLEG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 2018 |
| 2OF | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2018 |
Biography
Coles Group Limited operates as a retailer in Australia. The company operates through Supermarkets, Liquor, and Express segments. It provides fresh food, groceries, and general merchandise through 821 supe ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/07 10:42 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.