Kesko
15.89 EUR -5.53%13,892 investors are following this company
Kesko is active in the retail industry. The company offers services primarily focused on the food, construction and technology industries. The greatest competence is found in the development of store concepts, channel sales, e-commerce sites and business models. The majority of the operations are located in the Nordic and Baltic markets. The head office is located in Helsinki.
P/E (24e)
13.84
EV/EBIT (adj.) (24e)
13.65
P/B (24e)
2.25
Dividend yield-% (24e)
5.06 %
Target price
18.00 EUR
Recommendation
Accumulate
Updated
16.4.2024
NASDAQ Helsinki
KESKOB
Daily low / high price
15.84 / 16.405
EUR
Market cap
6.36B EUR
Turnover
8.43M EUR
Volume
525K
Business risk
Valuation risk
Current
Previous
Analyst
Arttu Heikura
Analyst
Latest videos
Financial calendar
Interim report
2024-04-25
Quarterly dividend
2024-07-15
Interim report
2024-07-23
Quarterly dividend
2024-10-14
Interim report
2024-10-30
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
K-retailers´ Association | 5.3 % | 13.7 % |
Ilmarinen Mutual Pension Insurance Company | 3.5 % | 3.5 % |
Premium
This content is for our Premium customers only.
Insider Transactions
Insider | Date | Total value |
---|---|---|
Jukka Erlund | 2024-02-16 | 7,614EUR |
Jukka Erlund | 2024-02-16 | 178,641EUR |
Premium
This content is for our Premium customers only.
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 10,669.2 | 11,300.2 | 11,808.9 | 11,783.9 | 11,984.0 | 12,927.3 | 13,558.5 | 13,955.5 |
growth-% | -0.5 % | 5.9 % | 4.5 % | -0.2 % | 1.7 % | 7.9 % | 4.9 % | 2.9 % |
EBITDA | 1,096.0 | 1,275.2 | 1,322.1 | 1,231.2 | 1,243.6 | 1,352.0 | 1,443.1 | 1,471.5 |
EBIT (adj.) | 567.5 | 775.5 | 815.1 | 710.4 | 667.6 | 746.4 | 821.3 | 840.3 |
EBIT | 600.0 | 775.2 | 816.5 | 707.3 | 667.6 | 746.4 | 821.3 | 840.3 |
Profit before taxes | 527.5 | 712.9 | 761.1 | 625.1 | 571.0 | 645.8 | 729.0 | 757.5 |
Net income | 433.2 | 571.8 | 609.9 | 507.3 | 456.8 | 516.6 | 583.2 | 606.0 |
EPS (adj.) | 0.97 | 1.44 | 1.53 | 1.28 | 1.15 | 1.30 | 1.47 | 1.52 |
growth-% | 31.4 % | 47.9 % | 6.4 % | -16.3 % | -10.5 % | 13.1 % | 12.9 % | 3.9 % |
Dividend | 0.75 | 1.06 | 1.08 | 1.02 | 0.80 | 0.97 | 1.10 | 1.14 |
Dividend ratio | 68.6 % | 73.6 % | 70.1 % | 80.0 % | 70.0 % | 75.0 % | 75.0 % | 75.0 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 10.3 % | 11.3 % | 11.2 % | 10.4 % | 10.4 % | 10.5 % | 10.6 % | 10.5 % |
EBIT-% (adj.) | 5.3 % | 6.9 % | 6.9 % | 6.0 % | 5.6 % | 5.8 % | 6.1 % | 6.0 % |
EBIT-% | 5.6 % | 6.9 % | 6.9 % | 6.0 % | 5.6 % | 5.8 % | 6.1 % | 6.0 % |
ROE | 20.6 % | 24.2 % | 23.1 % | 18.4 % | 16.4 % | 17.8 % | 18.8 % | 18.4 % |
ROI | 12.3 % | 16.1 % | 16.4 % | 13.2 % | 11.8 % | 12.7 % | 13.6 % | 13.8 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 21.04 | 29.34 | 20.62 | 17.93 | 15.89 | 15.89 | 15.89 | 15.89 |
Shares | 396.4 | 397.0 | 397.0 | 397.8 | 397.8 | 397.8 | 397.8 | 397.8 |
Market cap | 8,340.3 | 11,648.9 | 8,186.8 | 7,130.0 | 6,320.5 | 6,320.5 | 6,320.5 | 6,320.5 |
Enterprise value | 10,636.2 | 13,581.1 | 10,290.9 | 9,689.7 | 9,115.4 | 9,049.9 | 8,941.9 | 8,796.4 |
EV/S | 1.0 | 1.2 | 0.9 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 |
EV/EBITDA | 9.7 | 10.7 | 7.8 | 7.9 | 7.3 | 6.7 | 6.2 | 6.0 |
EV/EBIT (adj.) | 18.7 | 17.5 | 12.6 | 13.6 | 13.7 | 12.1 | 10.9 | 10.5 |
EV/EBIT | 17.7 | 17.5 | 12.6 | 13.7 | 13.7 | 12.1 | 10.9 | 10.5 |
P/E (adj.) | 21.6 | 20.4 | 13.5 | 14.0 | 13.8 | 12.2 | 10.8 | 10.4 |
P/E | 19.3 | 20.4 | 13.4 | 14.1 | 13.8 | 12.2 | 10.8 | 10.4 |
P/B | 3.8 | 4.6 | 3.0 | 2.6 | 2.2 | 2.1 | 2.0 | 1.9 |
P/S | 0.8 | 1.0 | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 |
Dividend yield | 3.6 % | 3.6 % | 5.2 % | 5.7 % | 5.1 % | 6.1 % | 6.9 % | 7.2 % |
Equity ratio | 33.0 % | 36.3 % | 36.7 % | 35.6 % | 34.9 % | 36.0 % | 37.4 % | 38.9 % |
Gearing ratio | 105.5 % | 76.4 % | 76.7 % | 92.8 % | 99.5 % | 90.8 % | 81.9 % | 73.5 % |
Quarter data
Q1/23 | Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24e | Q2/24e | Q3/24e | Q4/24e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 2,828.0 | 3,104.7 | 2,949.2 | 2,902.0 | 11,783.9 | 2,759.9 | 3,200.9 | 3,037.7 | 2,985.5 |
EBITDA | 251.4 | 337.9 | 330.1 | 311.8 | 1,231.2 | 261.2 | 336.2 | 332.7 | 313.5 |
EBIT | 122.5 | 206.2 | 208.1 | 170.5 | 707.3 | 117.2 | 192.2 | 188.7 | 169.5 |
Profit before taxes | 104.7 | 187.5 | 187.9 | 145.0 | 625.1 | 93.3 | 167.7 | 164.5 | 145.6 |
Net income | 83.8 | 150.0 | 149.9 | 123.6 | 507.3 | 74.6 | 134.1 | 131.6 | 116.5 |
ShowingAll content types
K-ryhmä: Kesko's interim report 1 Jan. - 31 March 2024: A good result in a challenging market
K-ryhmä: Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (23.4.2024)
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools