Kesko B (KESKOB) Stock Price, Fundamentals & Analysis

What KESKOB does

Kesko B (KESKOB) is a stock listed on the Nasdaq Helsinki exchange in the Consumer Defensive sector, specifically the Grocery Stores industry. The company operates across Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland through three divisions: Grocery Trade, Building and Technical Trade, and Car Trade. The Grocery Trade division handles wholesale and B2B trade of groceries, retail of home and specialty goods under the K-retailer brand, online grocery services, and foodservice, with retail chains including K-Citymarket, K-Supermarket, K-Market, and Kespro. The Building and Technical Trade division covers wholesale, retail, and B2B trade of building and home improvement, HEPAC and electrical products and services, operating retail chains under K-Rauta, K-Bygg, Byggmakker, and Davidsen, and serving technical trade customers under the Onninen brand.

Key numbers explained

• 22.96 EUR is the current share price, the amount you would pay for one share of Kesko B at this moment.
• The trailing P/E ratio of 21.9 shows how much the market is willing to pay per euro of the company's last 12 months of earnings; a higher number can suggest higher growth expectations or a richer valuation.
• The forward P/E ratio of 17.6 uses expected future earnings, which can make the stock look cheaper if those expectations hold.
• The dividend yield of 3.92% represents the annual dividend payment as a percentage of the share price, indicating the cash return shareholders receive relative to the price they paid.
• The exDividendDate of Oct 14, 2026 is the date by which you must own the stock to be eligible for the next dividend payment.
• 86% of earnings are paid out as dividends, meaning the company returns most of its profit to shareholders rather than retaining it for reinvestment.
• The beta of 0.84 suggests the stock tends to be less volatile than the overall market; when the market moves up or down by 1%, Kesko B historically moves about 0.84% in the same direction.
• The 52-week price range of 17.8 – 23.1 shows the lowest and highest prices over the past year, placing the current price of 22.96 EUR near the top of that range.
• The price change over the last 52 weeks of 28.2% measures the total return from one year ago to today, including price movement.
• 19,938 employees work across the company's operations in multiple Nordic and Baltic countries.
• The debt-to-equity ratio of 149.4% indicates that the company has more debt than equity, which is common in capital-intensive retail operations and should be compared with peers like WH Group (0288) or Pernod Ricard (RI).

What to watch

• Kesko B is part of the OMXH25 index, so movements in the broader Finnish market can affect its price.
• As a grocery retailer, the stock is sensitive to consumer spending patterns, inflation, and changes in food prices.
• The company's expansion across multiple Nordic and Baltic countries means it is exposed to different currencies and economic conditions.
• The next earnings report on Oct 29, 2026 will provide updated insight into the company's financial performance.
• Dividend policy changes, given that 86% of earnings are paid out, can signal shifts in management's view of future investment needs.
• The grocery sector faces ongoing competition from discounters and e-commerce, which can pressure margins.