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Kesko Oyj
OMXH:KESKOB

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Kesko Oyj
OMXH:KESKOB
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Price: 20.96 EUR 2.54% Market Closed
Market Cap: €8.4B

P/E

20.5
Current
13%
More Expensive
vs 3-y average of 18.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
20.5
=
Market Cap
€8.3B
/
Net Income
€407m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
20.5
=
Market Cap
€8.3B
/
Net Income
€407m

Valuation Scenarios

Kesko Oyj is trading above its 3-year average

If P/E returns to its 3-Year Average (18.2), the stock would be worth €18.6 (11% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-13%
Maximum Upside
+3%
Average Downside
6%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 20.5 €20.96
0%
3-Year Average 18.2 €18.6
-11%
5-Year Average 17.8 €18.14
-13%
Industry Average 19.8 €20.24
-3%
Country Average 21.1 €21.54
+3%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€8.3B
/
Apr 2026
€407m
=
20.5
Current
€8.3B
/
Dec 2026
€472.8m
=
17.7
Forward
€8.3B
/
Dec 2027
€526.1m
=
15.9
Forward
€8.3B
/
Dec 2028
€562.5m
=
14.8
Forward
€8.3B
/
Dec 2029
€646.3m
=
12.9
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Finland
Percentile
46th
Based on 350 companies
46th percentile
20.5
Low
0.1 — 16.2
Typical Range
16.2 — 31.7
High
31.7 —
Distribution Statistics
Finland
Min 0.1
30th Percentile 16.2
Median 21.1
70th Percentile 31.7
Max 232.7

Kesko Oyj
Glance View

Market Cap
8.4B EUR
Industry
Retail

Founded in 1940, Kesko Oyj has grown into one of Finland's most prominent retail and wholesale companies by continually adapting and evolving in response to market needs. Headquartered in Helsinki, Kesko operates through three main business divisions: grocery trade, building and technical trade, and car trade. In the grocery segment, Kesko sustains Finland's demanding consumers by managing numerous chain brands such as K-Citymarket, K-Supermarket, and K-Market. These chains have become household names through a combination of centralized purchasing, efficient logistics, and a franchise-based model. By collaborating closely with local entrepreneurs who own and operate the stores, Kesko maximizes its reach and ensures that its offerings are finely attuned to regional preferences and demands. Beyond groceries, Kesko has strategically diversified into the building and technical trade through its various chains like K-Rauta, Onninen, and Senukai, serving both professional builders and DIY customers across Northern and Eastern Europe. This segment not only spans traditional hardware and building supplies but also extends to electrical and industrial products. Kesko's car trade division, a comprehensive operation under brands like K-Caara, integrates the sale of new and used cars with maintenance services and financing options, thus meeting a wide array of automotive needs under one roof. By maintaining a keen focus on innovation and sustainability across all its lines of business, Kesko ensures steady growth and reinforces its position as a bastion of Finnish commerce, while generating substantial revenue streams from its diversified avenues, directly from customer purchases and indirectly through associated services.

KESKOB Intrinsic Value
24.46 EUR
Undervaluation 14%
Intrinsic Value
Price €20.96
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