Wesfarmers Limited

A$81.33As of Sun 8 Nov 2026, 12:00 UTC

ASX:WESConsumer Disc

Country Australia

PE (Fwd) •••

TSR 10Y CAGR 15.81%

Div yield 2.73%

ROE 33.48%

Home Improvement Retail

Beta (5Y) 0.81

PE TTM 32.10

TSR TTM 1.35%

Mkt cap A$92.33B

ROIC 14.99%

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

$88

8.67%

59.32%

Hold 12|3|1|6|8

TTM

FYE 30 Jun AUD

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

13.96

Revenue$B

12.73

14.05

15.47

16.36

17.45

18.61

20.00

21.36

23.53

25.60

15.45

7.97%

8.18%

21.87

Revenue growth%

14.97

12.76

13.15

13.01

12.30

13.33

13.54

13.66

11.36

10.05

25.31

13.33

13.08

10.43

Gross margin%

31.60

29.38

31.82

33.63

35.19

33.80

34.75

32.87

32.25

31.28

27.83

32.87

32.56

10.29

Operating margin%

7.03

5.63

2.70

3.39

1.24

1.27

4.02

2.12

0.40

13.39

1.27

2.70

3.44

Net margin%

22.50

20.44

22.81

23.42

21.92

20.29

17.92

20.49

19.69

17.85

18.79

19.69

20.46

11.10

P/E ratio (avg)x

17.47

16.37

17.78

16.49

16.78

18.95

17.70

17.39

17.07

19.16

26.61

17.70

17.43

30.58

EV/EBITx

13.15

13.55

13.50

14.23

13.35

12.78

13.99

14.55

13.42

12.92

35.29

13.42

13.46

23.65

FCF yield (avg)%

27.52

26.18

27.43

25.74

23.54

25.71

24.36

22.09

23.24

23.03

4.69

23.24

25.03

7.11

FCF margin%

10.01

7.03

9.02

10.90

9.11

10.36

7.49

9.68

11.85

11.23

20.68

10.36

9.85

0.669

FCF / Net incomex

0.380

0.336

0.366

0.356

0.351

0.318

0.291

0.281

0.292

0.316

0.125

0.292

0.327

6.43

ROIC%

11.17

8.50

6.98

4.05

3.06

5.58

5.89

8.14

5.65

6.11

10.02

5.89

6.00

8.66

Return on equity%

7.20

6.77

4.03

3.94

5.57

3.66

6.38

3.94

5.11

2.79

18.48

3.94

4.57

25.90

Return on assets%

9.89

10.83

11.42

14.41

16.06

15.75

18.28

17.89

18.95

19.94

14.08

18.28

15.90

7.81

EPS$

14.91

14.37

16.30

16.63

18.66

21.74

22.56

26.67

31.61

8.38

13.70%

7.89%

—

13.15

EPS growth%

6.15

4.45

4.96

4.30

1.36

1.40

2.27

1.35

3.49

1.67

29.94

1.67

2.88

6.19

Bookvalue per sh$

7.09

7.41

7.22

7.10

6.62

6.11

6.29

6.43

7.09

7.73

5.71

3.16%

0.44%

—

7.81

FCF per share$

8.93

9.70

10.25

11.46

10.59

11.23

11.64

10.59

10.07

9.38

1.60

(2.40%)

0.03%

—

4.59

Dividend per sh$

12.71

13.15

14.39

14.11

14.93

16.44

18.76

18.52

18.81

21.06

1.56

7.12%

5.68%

—

14.96

Div yield (avg)%

29.56

30.89

33.07

31.30

28.93

28.91

30.46

28.45

30.97

28.75

27.75

28.91

30.01

15.03

Payout ratio%

4.84

4.77

5.70

5.52

7.34

9.28

9.92

9.26

9.10

7.67

4.70

9.26

7.50

1.132

Shares (diluted)B

1.065

1.142

1.172

1.184

1.283

1.275

1.260

1.373

1.269

1.214

1.168

(1.09%)

0.92%

18.28

Buyback yield%

11.81

13.69

11.61

13.68

15.04

17.11

17.37

15.63

16.94

18.79

18.41

17.11

15.33

1.179

D/E ratiox

1.608

1.713

1.896

2.055

2.171

2.440

2.256

2.427

2.655

2.971

0.254

2.440

2.213

8.793

Enterprise value$B

5.839

5.650

5.483

5.174

5.249

5.392

5.903

6.510

7.445

7.283

24.71

6.77%

3.59%

18.93

LT debt$B

5.249

4.452

3.814

3.979

3.470

3.032

3.146

3.039

3.040

3.202

29.24

(1.59%)

(4.19%)

Peers (US$63.42B)

Cap (US$)

JB Hi-Fi Limited

5.813B

17.33x

Harvey Norman Holdings…

3.808B

10.51x

Eagers Automotive…

3.382B

21.00x

Meituan

63.30B

—

Capital

TTM

10Y

Leveragex

2.167

0.590

0.469

EBIT/Intx

0.578

0.955

0.800

Own earn%

1.35

33.76

(11.91)

Sh yield%

33.24

47.54

44.83

Owners

Insiders/Inst%

9.33

50.28

Short interest%

1.81

SBC / revenue%

2.55

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

0–7

$1 testx

−0.1

Incr. ROIC%

Wesfarmers Limited is a retailer in Australia, New Zealand and internationally, selling home improvement and building materials, apparel and general merchandise, and office products through Officeworks, plus tech support. It also manufactures and supplies chemicals and fertilizers, distributes industrial and safety products, provides health, beauty and pharmaceutical goods and services, and operates an online marketplace.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$25.60B

8.18%

1.00×

Cost of revenue

$13.77B

8.63%

1.04×

Operating expenses

$5.995B

7.73%

0.96×