A$17.72
How to buy shares in Coles Group
To buy shares listed in Australia such as Coles Group, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
-
Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
-
Search for Coles Group. Find the share by name or ticker symbol: COL. Research its history to confirm it's a solid investment against your financial goals.
-
Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Coles Group reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
-
Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
-
Check on your investment. Congratulations, you own a part of Coles Group. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Our top pick for
AU stocks
Our top pick for
Copy trading
Our top pick for
Mobile app
Coles Group stock price (ASX:COL)
Use our graph to track the performance of COL stocks over time.Coles Group shares at a glance
52-week range | $14.2617 - $19.4 |
---|---|
50-day moving average | $18.4186 |
200-day moving average | $16.9204 |
Target price | $17.53 |
PE ratio | 21.5714 |
Dividend yield | $0.68 (3.53%) |
Earnings per share (TTM) | $0.84 |
Where to buy Coles Group shares
Is it a good time to buy Coles Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Coles Group price performance over time
Historical closes compared with the last close of A$17.81
1 week (2024-09-27) | -1.71% |
---|---|
1 month (2024-09-04) | -2.41% |
3 months (2024-07-04) | 4.15% |
6 months (2024-04-04) | 7.35% |
1 year (2023-10-04) | 16.56% |
---|---|
2 years (2022-10-04) | 7.81% |
3 years (2021-10-04) | 5.14% |
5 years (2019-10-04) | 19.53% |
Is Coles Group under- or over-valued?
Valuing Coles Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coles Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Coles Group's P/E ratio
Coles Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Coles Group shares trade at around 22x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Coles Group's P/E ratio is best considered in relation to those of others within the grocery stores industry or those of similar companies.
- Woolworths (WOW.AU): 371.44
- Wesfarmers (WES.AU): 31.41
- Amazon-com (AMZN.US): 44.86
Coles Group's EBITDA
Coles Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.6 billion (£1.3 billion).
The EBITDA is a measure of a Coles Group's overall financial performance and is widely used to measure stock profitability.
To put Coles Group's EBITDA into context you can compare it against that of similar companies.
- Woolworths (WOW.AU): AUDA$4.3 billion
- Wesfarmers (WES.AU): AUDA$4.4 billion
- Amazon-com (AMZN.US): USD$104 billion
Coles Group financials
Revenue TTM | $43.7 billion |
---|---|
Operating margin TTM | 4.55% |
Gross profit TTM | $10.6 billion |
Return on assets TTM | 6.44% |
Return on equity TTM | 32.35% |
Profit margin | 2.56% |
Book value | 2.71 |
Market capitalisation | $24.3 billion |
TTM: trailing 12 months
N/AColes Group share dividends
Dividend payout ratio: 78.28% of net profits
Recently Coles Group has paid out, on average, around 78.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Coles Group shareholders could enjoy a 3.53% return on their shares, in the form of dividend payments. In Coles Group's case, that would currently equate to about A$0.68 per share.
Coles Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 September 2024 (the "ex-dividend date").
Coles Group's dividend payout ratio is perhaps best considered in relation to those of similar companies.
- Woolworths (WOW.AU): 113.98%
- Wesfarmers (WES.AU): 85.95%
- Amazon-com (AMZN.US): 0.00% (does not pay dividend)
Coles Group share price volatility
Over the last 12 months, Coles Group's shares have ranged in value from as little as $14.2617 up to $19.4. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Coles Group's is 0.233. This would suggest that Coles Group's shares are less volatile than average (for this exchange).
To put Coles Group's beta into context you can compare it against those of similar companies.
- Woolworths (WOW.AU): 0.277
- Wesfarmers (WES.AU): 0.827
- Amazon-com (AMZN.US): 1.146
Coles Group overview
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. Its Coles Financial Services provides insurance, credit cards, and personal loans to Australian families. The company is also involved in the retailing of liquor through its various stores under the Liquorland, First Choice Liquor Market, and Vintage Cellars brand names, as well as retail media services through its store network and online platforms. In addition, it operates as flybuys loyalty program. The company was formerly known as Coles Myer Ltd. and changed its name to Coles Group Limited. Coles Group Limited was founded in 1914 and is based in Hawthorn East, Australia.
Coles Group in the news
Coles Group First Half 2024 Earnings: EPS: AU$0.45 (vs AU$0.46 in 1H 2023)
Shares in Australian grocer Coles jump on better-than-expected profit
Palantir Partners with One of Australia’s Leading Retailers
Frequently asked questions
More guides on Finder
-
Syfe review
Syfe is an all-in-one platform that allows you to buy and sell crypto and shares from one app. Here is what you need to know about the product.
-
Ethical investing in Australia
Ethical investing is predicted to surge in 2024. Here is what you need to know to be part of this growing trend.
-
How to start a share portfolio in Australia
There are 3 main options available to you in Australia if you want to build a portfolio of company stocks
-
Sharesies review
Here's a detailed review of micro-investing app Sharesies plus its key features and pros and cons.
-
Pearler review
Is online broker Pearler the right choice for you? Find out in this guide to Pearler’s fees and features.
-
CommSec vs Selfwealth
We rate the fees and features of both online brokers.
-
moomoo Australia review
Gain access to the US and Australian markets for less through moomoo share trading accounts.
-
Stake review: A trading platform for AU and US stocks
Stake is a trading platform for Australians who want value for money when trading. Gain access to the cheapest CHESS-sponsored brokerage in Australia and $3 brokerage in the US.
-
Westpac Share Trading Account review
Westpac Share Trading allows you to take control of your investments. Find out if its right for you.
-
What is a managed fund?
What are managed funds? Read our guide and learn the different types of managed funds available.
Ask a question