How does COL's PE Ratio compare to its peers?

COL is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (19.4x).

How does COL's PE Ratio compare vs other companies in the Global Consumer Retailing Industry?

COL is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the Global Consumer Retailing industry average (16.4x).

What is COL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COL is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the estimated Fair Price-To-Earnings Ratio (21.3x).

What is the Fair Price of COL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

COL (A$18.61) is trading below our estimate of [[fair value]] (A$19.33)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

COL Stock Overview

Operates as a retailer in Australia. More details

COL fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 3.7% below our estimate of its fair value

Earnings are forecast to grow 5.8% per year

Earnings grew by 8.3% over the past year

Risk Analysis

No risks detected for COL from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Coles Group Limited Competitors

Endeavour Group

ASX:EDV

AU$7.5b

Metcash

ASX:MTS

AU$3.4b

Casey's General Stores

NasdaqGS:CASY

US$15.0b

Metro

TSX:MRU

CA$20.1b

Price History & Performance

Summary of share price highs, lows and changes for Coles Group
Historical stock prices
Current Share Price	AU$18.61
52 Week High	AU$19.33
52 Week Low	AU$15.35
Beta	0.26
1 Month Change	2.48%
3 Month Change	0.24%
1 Year Change	16.90%
3 Year Change	4.85%
5 Year Change	21.48%
Change since IPO	45.62%

Recent updates

Shareholder Returns

	COL	AU Consumer Retailing	AU Market
7D	-0.4%	-0.7%	-2.7%
1Y	16.9%	-7.6%	6.5%

Return vs Industry: COL exceeded the Australian Consumer Retailing industry which returned -7.6% over the past year.

Return vs Market: COL exceeded the Australian Market which returned 6.5% over the past year.

Price Volatility

Is COL's price volatile compared to industry and market?
COL volatility
COL Average Weekly Movement	2.4%
Consumer Retailing Industry Average Movement	2.7%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: COL has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: COL's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1914	115,000	Leah Weckert	www.colesgroup.com.au

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets, which offers fresh food, groceries, general merchandise, and liquor; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.

Coles Group Limited Fundamentals Summary

How do Coles Group's earnings and revenue compare to its market cap?
COL fundamental statistics
Market cap	AU$24.95b
Earnings (TTM)	AU$1.13b
Revenue (TTM)	AU$43.68b

22.1x

P/E Ratio

0.6x

P/S Ratio

Is COL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COL income statement (TTM)
Revenue	AU$43.68b
Cost of Revenue	AU$32.30b
Gross Profit	AU$11.39b
Other Expenses	AU$10.26b
Earnings	AU$1.13b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)	0.84
Gross Margin	26.06%
Net Profit Margin	2.58%
Debt/Equity Ratio	45.7%

How did COL perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

80%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 06:18
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coles Group Limited is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Thomas Kierath	Barrenjoey Markets Pty Limited
Jonathan Snape	Bell Potter

COL Stock Overview

Rewards

Risk Analysis

Coles Group Limited Competitors

ASX:EDV

AU$7.5b

ASX:MTS

AU$3.4b

NasdaqGS:CASY

US$15.0b

TSX:MRU

CA$20.1b

Price History & Performance

Recent News & Updates

Coles Group Limited to Report Fiscal Year 2025 Results on Aug 26, 2025

High number of new directors

Coles Group Limited, Annual General Meeting, Nov 12, 2024

Final dividend of AU$0.32 announced

Full year 2024 earnings released: EPS: AU$0.85 (vs AU$0.78 in FY 2023)

Now 20% undervalued

Recent updates

Coles Group Limited to Report Fiscal Year 2025 Results on Aug 26, 2025

High number of new directors

Coles Group Limited, Annual General Meeting, Nov 12, 2024

Final dividend of AU$0.32 announced

Full year 2024 earnings released: EPS: AU$0.85 (vs AU$0.78 in FY 2023)

Now 20% undervalued

Coles Group Limited Announces the Appointment of Peter Allen as a Non-Executive Director, Effective 1 September 2024

Coles Group Limited (ASX:COL) completed the acquisition of Two automated milk processing facilities of Saputo Dairy Australia for approximately AUD 110 million.

Now 20% undervalued

Now 21% undervalued

First half dividend of AU$0.36 announced

First half 2024 earnings released: EPS: AU$0.45 (vs AU$0.46 in 1H 2023)

Coles Group Limited to Report Fiscal Year 2024 Results on Aug 27, 2024

Coles Group Limited Appoints Andrew Richard Penn as Director

Coles Group Limited Appoints Andrew Penn AO as Non-Executive Director and Chairman of Audit and Risk Committee, Effective 1 December 2023

Coles Group Limited Announces Board Changes

Upcoming dividend of AU$0.30 per share at 4.1% yield

Coles Group Limited, Annual General Meeting, Nov 03, 2023

Full year 2023 earnings released: EPS: AU$0.78 (vs AU$0.79 in FY 2022)

Coles Group Limited Announces the Retirement of David Cheesewright as Director

First half 2023 earnings released: EPS: AU$0.48 (vs AU$0.41 in 1H 2022)

Coles Group Limited to Report Fiscal Year 2023 Results on Aug 22, 2023

Coles Group to Launch SECOS MyEcoBag in 770 Retail Stores Across Australia

Coles Group Limited Appoints Terry Bowen and Scott Price as Directors

Coles Group Limited to Report First Half, 2023 Results on Feb 21, 2023

Non-Executive Independent Director recently bought AU$167k worth of stock

Viva Energy Group Limited (ASX:VEA) entered into a binding agreement to acquire Fuel and Convenience Retailing Business from Coles Group Limited (ASX:COL) for AUD 300 million.

Coles Group Limited Appoint New Non-Executive Directors

Full year 2022 earnings released: EPS: AU$0.79 (vs AU$0.75 in FY 2021)

Coles Group Limited Declares Fully-Franked Final Dividend, Payable on September 28, 2022

Metcash, Coles Reportedly Exit Food Fight

Quadrant Reportedly Pushing Ahead with Sale Plans for Superior Food Services

Insufficient new directors

An unknown buyer acquired a 2.1% stake in Coles Group Limited (ASX:COL) from Wesfarmers Limited (ASX:WES).

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Coles Group Limited Announces Fully Franked Ordinary Dividend for the Six Months Period Ended January 2, 2022, Payable on March 31, 2022

Full year 2021 earnings released: EPS AU$0.75 (vs AU$0.73 in FY 2020)

First half 2021 earnings released: EPS AU$0.42 (vs AU$0.37 in 1H 2020)

New 90-day low: AU$17.26

Revenue misses expectations

Coles Group Limited to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: AU$18.75

Coles Group Limited Announces Executive Changes

Non-Executive Director recently bought AU$92k worth of stock

Earnings released

New 90-day high - AU$18.20

Coles Group Limited to Report Fiscal Year 2020 Results on Aug 18, 2020

Shareholder Returns

Price Volatility

About the Company

Coles Group Limited Fundamentals Summary

22.1x

0.6x

Earnings & Revenue

Dividends

3.6%

80%

Company Analysis and Financial Data Status

Data Sources