Coles Group Limited operates as a retailer in Australia.
Good value average dividend payer.
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: 2OF has not had significant price volatility in the past 3 months.
7 Day Return
DE Consumer Retailing
1 Year Return
DE Consumer Retailing
Return vs Industry: 2OF exceeded the German Consumer Retailing industry which returned -4.4% over the past year.
Return vs Market: 2OF exceeded the German Market which returned 2.9% over the past year.
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
No news available
Is Coles Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2OF (€8.71) is trading below our estimate of fair value (€11.68)
Significantly Below Fair Value: 2OF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2OF is good value based on its PE Ratio (16.5x) compared to the Consumer Retailing industry average (19.3x).
PE vs Market: 2OF is good value based on its PE Ratio (16.5x) compared to the German market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: 2OF is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: 2OF is overvalued based on its PB Ratio (7.8x) compared to the XE Consumer Retailing industry average (1.6x).
How is Coles Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2OF's forecast earnings growth (4.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: 2OF's earnings (4.3% per year) are forecast to grow slower than the German market (13.1% per year).
High Growth Earnings: 2OF's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2OF's revenue (3.6% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: 2OF's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2OF's Return on Equity is forecast to be high in 3 years time (25%)
How has Coles Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 2OF has a large one-off gain of A$270.2M impacting its January 5 2020 financial results.
Growing Profit Margin: 2OF's current net profit margins (3.2%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 2OF'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 2OF's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 2OF earnings growth over the past year (36.1%) exceeded the Consumer Retailing industry 2.3%.
Return on Equity
High ROE: 2OF's Return on Equity (47.1%) is considered outstanding.
Return on Assets
Return on Capital Employed
How is Coles Group's financial position?
Financial Position Analysis
Short Term Liabilities: 2OF's short term assets (A$3.8B) do not cover its short term liabilities (A$5.9B).
Long Term Liabilities: 2OF's short term assets (A$3.8B) do not cover its long term liabilities (A$9.4B).
Debt to Equity History and Analysis
Debt Level: 2OF's debt to equity ratio (54.1%) is considered high.
Reducing Debt: Insufficient data to determine if 2OF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2OF's debt is well covered by operating cash flow (126.1%).
Interest Coverage: 2OF's interest payments on its debt are well covered by EBIT (5.1x coverage).
Inventory Level: 2OF has a high level of physical assets or inventory.
Debt Coverage by Assets: 2OF's debt is covered by short term assets (assets are 2.8x debt).
What is Coles Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 2OF's dividend (4.09%) is higher than the bottom 25% of dividend payers in the German market (1.52%).
High Dividend: 2OF's dividend (4.09%) is in the top 25% of dividend payers in the German market (3.92%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 2OF's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2OF's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.7%), 2OF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2OF's dividends in 3 years are forecast to be covered by earnings (84.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Cain (54yo)
Mr. Steven Cain, also known as Steve, serves as Managing Director at Coles Group Ltd. (operates independently of Wesfarmers Limited) since September 28, 2018. He serves as Director at Coles Group Limited s ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD3.87M) is about average for companies of similar size in the German market ($USD4.64M).
Compensation vs Earnings: Insufficient data to compare Steve's compensation with company performance.
|MD, CEO & Director||1.4yrs||AU$5.88m||0.010% A$1.2m|
|Chief Financial Officer||1.9yrs||AU$2.46m||0.0055% A$640.4k|
|Chief Executive - Commercial & Express||1.1yrs||AU$2.29m||0.0064% A$747.2k|
|Chief Operations Officer||1.1yrs||no data||no data|
|Chief Information & Digital Officer||0yrs||no data||no data|
|General Manager of Investor Relations||0yrs||no data||no data|
|Chief Legal Officer||0yrs||no data||no data|
|Chief Marketing Officer||1.1yrs||no data||no data|
|Chief People Officer||0yrs||no data||no data|
|Chief Property & Export Officer||1.1yrs||no data||no data|
Experienced Management: 2OF's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|MD, CEO & Director||1.4yrs||AU$5.88m||0.010% A$1.2m|
|Non-Executive Director||1.3yrs||AU$170.83k||0.0014% A$166.6k|
|Independent Chairman||1.3yrs||AU$431.87k||0.013% A$1.6m|
|Non Executive Director||1.3yrs||AU$153.44k||0.0015% A$175.9k|
|Non-Executive Director||1.3yrs||AU$153.44k||0.0015% A$174.8k|
|Non-Executive Director||1.3yrs||AU$170.89k||0.0014% A$168.9k|
|Non Executive Director||1.3yrs||AU$153.63k||0.0015% A$175.9k|
|Non-Executive Director||1.3yrs||AU$153.55k||0.0015% A$175.9k|
Experienced Board: 2OF's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Coles Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Coles Group Limited
- Ticker: 2OF
- Exchange: DB
- Founded: 1914
- Industry: Hypermarkets and Super Centers
- Sector: Consumer Retailing
- Market Cap: AU$19.569b
- Listing Market Cap: AU$11.730b
- Shares outstanding: 1.33b
- Website: https://www.colesgroup.com.au
Number of Employees
- Coles Group Limited
- 800 Toorak Road
- Hawthorn East
|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|
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 supermarkets, including Coles Online and Coles financial services. The company operates coles.com.au, which offers a choice of home delivery; and provides insurance, credit cards, and personal loans to Australian families. It is also involved in the retailing of liquor through its 910 Liquorland, First Choice, First Choice Liquor, and Vintage Cellars stores, including online liquor delivery services through Coles Online and Liquor Direct; and operation of 87 hotels in Queensland, Western Australia, South Australia, and New South Wales under the Spirit Hotels brand. In addition, the company operates 714 fuel and convenience stores that sell Shell fuels; and a range of everyday products, such as groceries, snacks, drinks, gas bottles, firewood, and Shell oils and lubricants, as well as operates as the participating partner in the flybuys loyalty program. The company was formerly known as Coles Myer Ltd. and changed its name to Coles Group Limited in November 2006. Coles Group Limited was founded in 1914 and is based in Hawthorn East, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 23:49|
|End of Day Share Price||2020/02/27 00:00|
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.