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Coles GroupFRA:2OF -1.40%73 Equity-to-Asset is 0.19 as of Dec. 2025, which is 6% above its 10-year median of 0.18. GuruFocus rates FRA:2OF with a GF Score™ of 73/100 and a GF Value™ of €12.11. The stock has 8 warning signs investors should review. Among 313 Retail - Defensive companies, Coles Group ranks worse than 84.03% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coles Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €2,203 Mil. Coles Group's Total Assets for the quarter that ended in Dec. 2025 was €11,571 Mil.
Therefore, Coles Group's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.19.
The historical rank and industry rank for Coles Group's Equity-to-Asset or its related term are showing as below:
FRA:2OF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.18 Max: 0.37
Current: 0.19
During the past 8 years, the highest Equity to Asset Ratio of Coles Group was 0.37. The lowest was 0.14. And the median was 0.18.
FRA:2OF's Equity-to-Asset is ranked worse than 84.03% of 313
companies
in the Retail - Defensive industry
Industry Median: 0.44
vs FRA:2OF: 0.19
Coles Group (FRA:2OF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Coles Group Equity-to-Asset Related Terms
Coles Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Coles Group's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:2OF vs KR, SFM, ACI: Equity-to-Asset Comparison
For the Grocery Stores subindustry, Coles Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coles Group Equity-to-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Coles Group's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Coles Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coles Group (FRA:2OF) has a Equity-to-Asset of 0.19 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Coles Group and its competitors. This is near median its historical median of 0.18. Over the past decade, Coles Group's Equity-to-Asset has ranged from 0.14 to 0.37. According to the industry distribution chart, Coles Group ranks #263 out of 313 companies in the Retail - Defensive industry, placing it in the top 84%.
Is Coles Group's Equity-to-Asset too high?
Coles Group's current Equity-to-Asset of 0.19 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.37. The Retail - Defensive industry median Equity-to-Asset is 0.44. Coles Group's value of 0.19 is 56.8% below this industry median. Based on the distribution chart, Coles Group ranks #263 out of 313 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Coles Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Coles Group's Equity-to-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Coles Group ranks #263 out of 313 companies for Equity-to-Asset. This places Coles Group in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Coles Group's value of 0.19 is 56.8% below this benchmark. Historically, Coles Group's own Equity-to-Asset has ranged from 0.14 to 0.37 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.44, Coles Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Retail - Defensive company?
The median Equity-to-Asset among Retail - Defensive companies is 0.44, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coles Group's current Equity-to-Asset of 0.19 is 56.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Coles Group and its competitors. For the Retail - Defensive industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coles Group's current Equity-to-Asset is 0.19, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coles Group stock overvalued right now?
Coles Group (FRA:2OF) has a current Equity-to-Asset of 0.19. The stock's GF Value™ is €12.11, compared to a current price of €14.10 — trading 16.4% above its estimated fair value. The current Equity-to-Asset is 0.19, which is near median its 10-year median of 0.18 and 56.8% below the Retail - Defensive industry median of 0.44. Coles Group's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Coles Group (FRA:2OF), the current Equity-to-Asset is 0.19 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coles Group (FRA:2OF) Overvalued in 2026?
Based on GuruFocus' analysis, Coles Group stock appears to be overvalued.
The current stock price of €14.10 is trading 16.4% above its estimated GF Value™ of €12.11.
Key valuation signals for FRA:2OF:
Equity-to-Asset: 0.19 (near median its 10-year median of 0.18)
GF Value™: €12.11 vs. price of €14.10 (16.4% above fair value)
Industry Position: 56.8% below the Retail - Defensive median (#263 of 313)
No single metric tells the full story. See the FRA:2OF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and the country's second-largest liquor chain. The group has an extensive store network of over 1,800 stores and roughly 80% of Australians live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process some 20 million individual customer transactions a week. This compares with Woolworths processing about 30 million customer transactions per week from Australia's population of 27 million.
73GF Score
Get the complete analysis for FRA:2OF
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