Coles Group (FRA:2OF) ROCE %: 11.62% (As of Dec. 2025)


FRA:2OF Coles Group Ltd FRA:2OF
72 GF Score
Price €14.20
GF Value €12.18
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Coles Group ROCE %?

Coles Group FRA:2OF 72 ROCE % is 11.62% as of Dec. 2025. GuruFocus rates FRA:2OF with a GF Score™ of 72/100 and a GF Value™ of €12.18 (Modestly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Coles Group's annualized ROCE % for the quarter that ended in Dec. 2025 was 11.62%.

Coles Group  (FRA:2OF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Coles Group ROCE % Related Terms

Coles Group ROCE % Historical Data

* Premium members only.

The historical data trend for Coles Group's ROCE % 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.

Coles Group ROCE % Chart

Coles Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial 12.09 12.46 11.99 13.44 11.86

Coles Group Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.36 9.85 12.80 11.06 11.62
FRA:2OF
72GF Score
Coles Group Ltd FRA:2OF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coles Group ROCE % Calculation

Coles Group's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=932.477/( ( (12320.045 - 4176.799) + (11455.012 - 3869.891) )/ 2 )
=932.477/( (8143.246+7585.121)/ 2 )
=932.477/7864.1835
=11.86 %

Coles Group's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=889.748/( ( (11455.012 - 3869.891) + (11571.274 - 3843.851) )/ 2 )
=889.748/( ( 7585.121 + 7727.423 )/ 2 )
=889.748/7656.272
=11.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 11.62% mean?
Coles Group (FRA:2OF) has a ROCE % of 11.62% as of Dec. 2025.
Is Coles Group's ROCE % too high?
Coles Group's current ROCE % is 11.62%. The Retail - Defensive industry median ROCE % is 8.98. Coles Group's value of 11.62% is 29.4% above this industry median. 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 ROCE % compare to KR and SFM?
Coles Group's ROCE % of 11.62% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 8.98. Coles Group's value of 11.62% is 29.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 8.98, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coles Group's current ROCE % of 11.62% is 29.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Defensive industry, the median ROCE % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coles Group's current ROCE % is 11.62%. 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 €12.18, compared to a current price of €14.20 — trading 16.6% above its estimated fair value. The current ROCE % is 11.62% and 29.4% above the Retail - Defensive industry median of 8.98. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Coles Group (FRA:2OF), the current ROCE % is 11.62% 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 €14.20 is trading 16.6% above its estimated GF Value™ of €12.18. GuruFocus considers Coles Group to be Modestly Overvalued.

Key valuation signals for FRA:2OF:

  • ROCE %: 11.62%
  • GF Value™: €12.18 vs. price of €14.20 (16.6% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 29.4% above the Retail - Defensive median

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 Group Business Description

Other Exchanges CLEGF:USACOL:Australia
Address 800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123
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

Get the complete analysis for FRA:2OF

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.20
Price
€12.18
GF Value