How to buy Coles Group shares | A$17.12

Coles Group Limited is a grocery stores business based in Australia. Coles Group shares (COL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $17.12 – a decrease of 2.84% over the previous week. Coles Group has a trailing 12-month revenue of around $37.8 billion.

How to buy shares in Coles Group

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. 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.
4. 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $17.12, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Coles Group. Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.

How has coronavirus impacted Coles Group's share price?

Since the stock market crash in March caused by coronavirus, Coles Group's share price has had significant positive movement.

Its last market close was $17.12, which is 6.66% up on its pre-crash value of $15.98 and 22.20% up on the lowest point reached during the March crash when the shares fell as low as $14.01.

If you had bought $1,000 worth of Coles Group shares at the start of February 2020, those shares would have been worth $944.30 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,037.64.

Coles Group share price

Use our graph to track the performance of COL stocks over time.

Coles Group shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$17.12
52-week range	AUDA$14.01 - AUDA$19.26
50-day moving average	AUDA$18.0297
200-day moving average	AUDA$16.7821
Target price	AUDA$13.05
PE ratio	24.0382
Dividend yield	AUDA$0.81 (4.65%)
Earnings per share (TTM)	AUDA$0.733

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Coles Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

Technical Analysis of Coles Group Limited by TradingView

Coles Group price performance over time

Historical closes compared with the close of A$17.12 on 2020-09-29

1 week (2020-09-23)	-2.84%
1 month (2020-08-28)	-6.24%
3 months (2020-06-30)	-0.29%
6 months (2020-03-30)	1.78%

1 year (2019-09-30)	11.17%
2 years (2018-09-26)	N/A
3 years (2017-09-26)	N/A
5 years (2015-09-26)	N/A

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 24x. In other words, Coles Group shares trade at around 24x 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.

Coles Group's EBITDA

Coles Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 billion.

The EBITDA is a measure of a Coles Group's overall financial performance and is widely used to measure a its profitability.

Coles Group financials

Revenue TTM	$37.8 billion
Operating margin TTM	4.39%
Gross profit TTM	$9.7 billion
Return on assets TTM	7.38%
Return on equity TTM	32.75%
Profit margin	2.59%
Book value	1.96
Market capitalisation	$23.3 billion

TTM: trailing 12 months

Coles Group share dividends

Dividend payout ratio: 73.67% of net profits

Recently Coles Group has paid out, on average, around 73.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.65% 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 4.65% return on their shares, in the form of dividend payments. In Coles Group's case, that would currently equate to about A$0.81 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 26 August 2020 (the "ex-dividend date").

Coles Group overview

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.

Frequently asked questions

• What percentage of Coles Group is owned by insiders or institutions?

  Currently 5.067% of Coles Group shares are held by insiders and 24.106% by institutions.

• When does the fiscal year end for Coles Group?

  Coles Group's fiscal year ends in June.

• Where is Coles Group based?

  Coles Group's address is: 800 Toorak Road, Hawthorn East, VIC, Australia, 3123