Valuation Trading Multiples & Precedent Transactions: Grocery Supermarket Retail Chains
Valuation benchmarks for Grocery Supermarket Retail Chains. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Grocery Supermarket Retail Chains Market Context & Valuation Drivers
Companies in this trading comparable group are large-scale grocery supermarket chains and hypermarket operators selling food, beverages, household essentials and general merchandise across national store networks and e-commerce channels. They are comparable due to similar store-based formats, high purchase frequency, private-label penetration, omnichannel capabilities, and scale-driven procurement and distribution, yielding defensible cash flows and margin profiles used as valuation benchmarks for public trading comparables.
Typical capabilities include fresh produce, meat, dairy and bakery assortments, packaged groceries and household consumables, private-label development spanning multiple categories, liquor retailing where permitted, general merchandise and health-beauty offerings, and large-format store operations. They also support online ordering with delivery and Click&Collect, loyalty and rewards programs, centralized procurement, data-driven merchandising, and efficient supply chain and distribution to drive everyday-low-price positioning and in-stock reliability.
Primary customers include mass-market households, price-conscious shoppers, and online grocery buyers across urban and suburban markets. Key valuation drivers include like-for-like (same-store) sales growth, basket size and traffic, gross margin and EBITDA margin stability, private-label mix, e-commerce penetration, inventory turns, and loyalty program engagement, alongside store count and square footage productivity that underpin cash generation and comparable company valuation benchmarks.
2. Valuation Analysis: Public Trading Comps & Multiples for Grocery Supermarket Retail Chains companies
2.1 - Public Peer Groups & Median Valuation Multiples for Grocery Supermarket Retail Chains sector
Comparable group 1: Grocery Supermarket Retail Chains
Woolworths Group
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of supermarket retail services covering food, beverages, and everyday needs with a vast network of stores, ensuring convenience and quality across Australia and New Zealand.
- Key Products:
- Supermarket retail: Extensive grocery and everyday needs retail through a wide network
- Exclusive brands: In-house product lines offering competitive quality and value
- Online ordering: Digital platform for grocery shopping and home delivery
- Loyalty program: Customer rewards scheme through Everyday Rewards
- Sustainability initiatives: Programs to reduce environmental impact and promote responsible sourcing.
Coles Group
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of supermarkets and retail services, offering fresh food, groceries, liquor, and online shopping experiences across various retail outlets in Australia, with options for home delivery and business solutions.
- Key Products:
- Supermarket Retail: Offers a variety of fresh food and groceries across a national network of stores
- Online Shopping: Provides convenient online shopping with home delivery and Click&Collect options
- Liquor Retailing: Specializes in wines, spirits, and beers through a range of liquor outlets
- Financial Services: Facilitates banking and insurance products for consumers.