Coles GroupFRA:2OF 72 EV-to-FCF is 28.93 as of Jun. 25, 2026, which is 28% above its 10-year median of 22.57. GuruFocus rates FRA:2OF with a GF Score™ of 72/100 and a GF Value™ of €12.19 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 210 Retail - Defensive companies, Coles Group ranks worse than 70.95% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Coles Group's Enterprise Value is €25,463 Mil.
Coles Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €880 Mil. Therefore, Coles Group's EV-to-FCF for today is 28.93.
The historical rank and industry rank for Coles Group's EV-to-FCF or its related term are showing as below:
FRA:2OF'
s EV-to-FCF Range Over the Past 10 Years
Min: 16.65 Med: 22.57 Max: 35.18
Current: 26.8
During the past 8 years, the highest EV-to-FCF of Coles Group was 35.18. The lowest was 16.65. And the median was 22.57.
FRA:2OF's EV-to-FCF is ranked worse than 70.95% of 210
companies
in the Retail - Defensive industry
Industry Median: 16.96
vs FRA:2OF: 26.80
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Coles Group's PE Ratio (TTM) for today is calculated as:
Coles Group's share price for today is €14.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coles Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.429.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Coles Group EV-to-FCF Related Terms
Coles Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Coles Group's EV-to-FCF 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.
For the Grocery Stores subindustry, Coles Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Coles Group's EV-to-FCF falls into.
Coles Group's current Enterprise Value is €25,463 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coles Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €880 Mil.
* 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 EV-to-FCF of 28.93 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coles Group and its competitors. This is 28% above median its historical median of 22.57. Over the past decade, Coles Group's EV-to-FCF has ranged from 16.65 to 35.18. According to the industry distribution chart, Coles Group ranks #149 out of 210 companies in the Retail - Defensive industry, placing it in the top 71%.
Is Coles Group's EV-to-FCF too high?
Coles Group's current EV-to-FCF of 28.93 is 28% above median its 10-year median of 22.57. Over the past 10 years, this metric has ranged from a low of 16.65 to a high of 35.18. The Retail - Defensive industry median EV-to-FCF is 16.96. Coles Group's value of 28.93 is 70.6% above this industry median. Based on the distribution chart, Coles Group ranks #149 out of 210 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Coles Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coles Group's EV-to-FCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Coles Group ranks #149 out of 210 companies for EV-to-FCF. This places Coles Group in the lower half of its industry. The industry median EV-to-FCF is 16.96. Coles Group's value of 28.93 is 70.6% above this benchmark. Historically, Coles Group's own EV-to-FCF has ranged from 16.65 to 35.18 over the past decade. While the company's 10-year median is 22.57 vs. the industry median of 16.96, Coles Group has consistently been above 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 EV-to-FCF for a Retail - Defensive company?
The median EV-to-FCF among Retail - Defensive companies is 16.96, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coles Group's current EV-to-FCF of 28.93 is 70.6% above 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coles Group and its competitors. For the Retail - Defensive industry, the median EV-to-FCF is 16.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coles Group's current EV-to-FCF is 28.93, which is 28% above median its own 10-year median of 22.57. 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?
Based on GuruFocus' analysis, Coles Group (FRA:2OF) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.19, compared to a current price of €14.20 — trading 16.5% above its estimated fair value. The current EV-to-FCF is 28.93, which is 28% above median its 10-year median of 22.57 and 70.6% above the Retail - Defensive industry median of 16.96. Coles Group's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Coles Group (FRA:2OF), the current EV-to-FCF is 28.93 as of Jun. 25, 2026. 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 €14.20 is trading 16.5% above its estimated GF Value™ of €12.19.
GuruFocus considers Coles Group to be Modestly Overvalued.
Key valuation signals for FRA:2OF:
EV-to-FCF: 28.93 (28% above median its 10-year median of 22.57)
GF Value™: €12.19 vs. price of €14.20 (16.5% above fair value)
Industry Position: 70.6% above the Retail - Defensive median (#149 of 210)
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.
72GF Score
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