1. Finland Stocks

  2. •

    Consumer Defensive

  3. •

    Grocery Stores
Kesko Oyj

Kesko Oyj

KESKOB.HE
Kesko OyjFI flagNASDAQ Helsinki
19.53
EUR
+0.33
- -
7.78BMarket Cap
Kesko Oyj
KESKOB.HE
(NASDAQ Helsinki)

Recent

price

19.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
22.27
24.08
24.7
23.59
22.89
21.89
25.64
26.38
26.17
27.05
26.9
28.46
29.72
29.63
29.96
31.34
30.36
Revenue per Share
0.55
0.46
0.32
0.44
0.24
0.26
0.25
0.65
0.4
0.86
1.09
1.44
1.53
1.25
0.95
1.02
0.95
Basic EPS, GAAP
0.28
-0.54
-0.01
0.61
0.28
0.18
-0.27
- -
1.26
1.31
2.39
2.3
1.42
1.28
1.3
0.95
2.23
Free Cash Flow per Basic Share
0.27
0.34
0.31
0.31
0.36
0.39
0.63
0.51
0.57
0.6
0.63
0.75
1.02
1.08
0.8
0.93
0.99
Dividend per Share
4.31
4.42
4.48
4.63
4.44
4.4
4
3.9
3.71
3.99
4.4
5.2
5.77
6
6
6.12
5.48
Book Value per Share
5.15
5.2
5.3
5.48
5.27
5.23
4.27
4.23
3.85
3.67
3.56
4.41
4.94
4.74
4.67
4.75
4.01
Tangible Book Value per Share
394
393
392
395
396
396
397
398
397
396
397
397
397
398
398
398
398
Basic Weighted Avg Shares
8,777
9,460
9,686
9,315
9,071
8,679
10,180
10,492
10,383
10,720
10,669
11,300
11,809
11,784
11,920
12,475
12,084
Sales/Revenue/Turnover
3.49
2.57
1.74
2.08
1.03
2.05
1.62
2.08
3.39
3.73
4.65
6.21
6.3
5.35
4.16
4.43
4.76
Operating Margin (%)
116
125
155
152
151
128
138
130
459
486
496
482
491
537
583
585
580
Depreciation Expense
216
182
124
173
96
102
99
258
158
339
433
572
610
496
379
404
379
Net Income, GAAP
30.95
30.2
35.44
23.81
25.24
37.61
21.63
16.91
21.09
17.26
17.49
19.79
19.87
19.23
19.51
20.67
19.56
Effective Tax Rate (%)
2.46
1.92
1.28
1.86
1.06
1.17
0.97
2.46
1.52
3.16
4.06
5.06
5.16
4.21
3.18
3.24
3.14
Profit Margin (%)
791
528
613
674
625
822
607
91
66
60
-64
-46
-10
40
-76
-77
-388
Working Capital
240
203
441
348
318
258
359
2,052
2,157
2,516
2,121
1,817
1,838
2,338
2,683
3,039
2,892
LT Debt
2,210
2,233
2,272
2,352
2,266
2,242
2,126
2,059
2,021
2,141
2,189
2,530
2,742
2,758
2,735
2,827
2,553
Total Equity
7.43
6.04
3.9
5.08
2.47
4.05
4.83
4.87
5.85
6.7
8.21
11.65
11.93
9.52
6.85
7.02
7.77
Return on Invested Capital (%)
10.06
7.67
5.33
7.19
3.93
4.05
4.11
7.77
5.18
9.26
11.11
14.51
14.72
11.63
8.78
8.66
8.72
Return on Capital (%)
13.16
10.57
7.13
9.65
5.35
5.8
5.92
16.43
10.45
22.22
26.04
30
27.98
21.17
15.88
16.77
17.56
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
714
714
744
LT Borrowings
1,054
1,064
1,134
LT Finance Leases
1,629
1,783
1,759
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
398
398
398
Market Capitalization
7,233
7,505
8,333

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,852
2,762
2,928
Cash, Cash Equivalents & STI
488
148
190
Accounts Receivable, Net
958
1,083
1,193
Inventories
1,096
1,229
1,242
Total Current Liabilities
2,928
3,202
3,316
Payables & Accruals
- -
- -
- -
ST Debt
714
714
744
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.51%
5.41%
3.35%
Free Cash Flow
-3,623%
-15.43%
-26.97%
Net Income, GAAP
26.52%
0.59%
6.62%
Sales/Revenue/Turnover
3.81%
3.2%
4.65%
Total Cash Common Dividend
11.43%
10.31%
15.58%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,760
3,093
3,027
3,041
11,920
2025
2,828
3,189
3,231
- -
12,475
2026
3,029
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.26
0.35
0.19
0.95
2025
0.12
0.29
0.25
- -
1.02
2026
0.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.26
0.25
0.26
0.8
2025
0.25
0.23
0.23
- -
0.93
2026
0.22
- -
- -
- -
- -
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Business
Kesko Oyj (KESKOB.HE), a Finnish trading sector leader founded in 1940 and headquartered in Helsinki, operates grocery trade, building and technical trade, and car trade divisions across Finland, Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, and Poland. The grocery trade division manages wholesale, B2B trade, and retail through K-food store chains including K-Citymarket hypermarkets, K-Supermarket supermarkets, K-Market convenience stores, K-Pyoka, and K-Extra; it also offers Pirkka private label products, Kespro foodservice wholesaling, and home and specialty goods encompassing clothing, sports, leisure, home technology, entertainment, interior decoration, and furniture. The building and technical trade division supplies construction materials, renovation products, technical installations, and renewables solutions via chains such as K-Rauta, Rautia, K-Maatalous, Byggmakker, Rautakesko, Senukai, OMA, Onninen for professional technical trade, and Davidsen; the car trade division handles sales, leasing, and services for brands including Volkswagen, Audi, SEAT, and Porsche, alongside used vehicle sales. Kesko maintains around 1,800 stores and emphasizes omnichannel retail combining physical locations with online sales and digital services. Recent developments include the completion of multiple Danish building and home improvement acquisitions in 2025, such as Tømmergaarden A/S in May, CF Petersen & Søn in April, and Roslev Trælasthandel A/S in January to expand nationwide presence; the September 2024 acquisition of Autotalo Lohja to grow car trade dealerships in southern Finland; a November 2025 multi-year partnership with Tata Consultancy Services to drive AI-powered retail transformation across grocery, car, building, and technical trades; heightened capital expenditures reaching €140.7 million in Q3 2025 for store network expansions, including plans for six new K-Citymarkets, 12 K-Supermarkets, and 20 K-Markets through 2026 and a new K-Citymarket hypermarket in Helsinki's Redi by 2028; and ongoing investments in logistics centers like Onnela and K-Auto's Hyvinkää facility.