Stocktoria

Wesfarmers Limited WES.AX

AU · Australian Securities Exchange · XASX · stock · Consumer Cyclical · website

Wesfarmers Limited statistics & valuation

Market capA$100.4B
P / E34.3×
P / S2.2×
P / B10.9×
Dividend yield2.28%
Net margin6.4%
Return on equity31.8%
Net debtA$10.5B
Enterprise value USD$78.5B
Earnings yield EBIT/EV3.4%
Return on capital19.4%
Graham number -75.5%A$21.68

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (A$21.68); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.40% 5.70% 5.80% 6.40% 2022202320242025
Gross margin (%)
36.10% 33.40% 34.60% 34.30% 2022202320242025
Operating margin (%)
8.60% 8.20% 8.40% 8.40% 2022202320242025
Return on equity (%)
29.50% 29.80% 29.80% 31.80% 2022202320242025
Shares outstanding
1.14B 1.14B 1.14B 1.14B 2022202320242025
Net debt (A$)
A$11.38B A$10.50B A$10.44B A$10.53B 2022202320242025
Share buybacks (A$)
2022202320242025
Return on assets (%)
8.60% 9.30% 9.40% 10.50% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
1.51× 1.35× 1.31× 1.22× 2022202320242025
EPS (A$)
A$2.08 A$2.18 A$2.26 A$2.58 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Wesfarmers Limited trades at about 34.3× earnings — near its 10-year norm (10-year range 22.5×–33.2×, median 32.6×).

22.5× 34.3×

Shaded band = 10-year range (22.5×–33.2×); dot = today's 34.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin34.3%34.6%33.4%36.1%
Operating margin8.4%8.4%8.2%8.6%
Net margin6.4%5.8%5.7%6.4%
Return on assets10.5%9.4%9.3%8.6%
Return on equity31.8%29.8%29.8%29.5%
Debt / equity0.51×0.55×0.53×0.50×
Current ratio1.191.141.171.08

Computed from company filings · AU · as of 2025-06-30. Figures in AUD. Facts plus Stocktoria's own computed scores — not investment advice.