KKOYY (Kesko Oyj) ROE %: 7.67% (As of Mar. 2026) — 52% Below Median


KKOYY Kesko Oyj KKOYY
78 GF Score
Price $11.20
GF Value $11.43
Valuation Fairly Valued
! 7 Warning Signs
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What is Kesko Oyj ROE %?

Kesko Oyj KKOYY +0.18% 78 ROE % is 7.67% as of Mar. 2026, which is 52% below its 10-year median of 15.94. GuruFocus rates KKOYY with a GF Score™ of 78/100 and a GF Value™ of $11.43 (Fairly Valued). The stock has 7 warning signs investors should review. Among 306 Retail - Defensive companies, Kesko Oyj ranks better than 71.57% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kesko Oyj's annualized net income for the quarter that ended in Mar. 2026 was $237 Mil. Kesko Oyj's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $3,091 Mil. Therefore, Kesko Oyj's annualized ROE % for the quarter that ended in Mar. 2026 was 7.67%.

The historical rank and industry rank for Kesko Oyj's ROE % or its related term are showing as below:

KKOYY' s ROE % Range Over the Past 10 Years
Min: 4.7   Med: 15.94   Max: 24.23
Current: 15.7

During the past 13 years, Kesko Oyj's highest ROE % was 24.23%. The lowest was 4.70%. And the median was 15.94%.

KKOYY's ROE % is ranked better than
71.57% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.53 vs KKOYY: 15.70

Kesko Oyj  (OTCPK:KKOYY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=237.224/3091.119
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(237.224 / 14006.936)*(14006.936 / 10501.241)*(10501.241 / 3091.119)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.69 %*1.3338*3.3972
=ROA %*Equity Multiplier
=2.25 %*3.3972
=7.67 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=237.224/3091.119
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (237.224 / 294.568) * (294.568 / 446.244) * (446.244 / 14006.936) * (14006.936 / 10501.241) * (10501.241 / 3091.119)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8053 * 0.6601 * 3.19 % * 1.3338 * 3.3972
=7.67 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Kesko Oyj ROE % Related Terms


Kesko Oyj ROE % Historical Data

* Premium members only.

The historical data trend for Kesko Oyj's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kesko Oyj ROE % Chart

Kesko Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.40 22.42 18.28 13.55 15.45

Kesko Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.62 19.46 21.56 14.51 7.67

KKOYY vs KR, SFM, ACI: ROE % Comparison

For the Grocery Stores subindustry, Kesko Oyj's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kesko Oyj ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's ROE % distribution charts can be found below:

* The bar in red indicates where Kesko Oyj's ROE % falls into.


KKOYY
78GF Score
Kesko Oyj KKOYY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kesko Oyj ROE % Calculation

Kesko Oyj's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=473.302/( (2850.366+3275.995)/ 2 )
=473.302/3063.1805
=15.45 %

Kesko Oyj's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=237.224/( (3275.995+2906.243)/ 2 )
=237.224/3091.119
=7.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.67% mean?
Kesko Oyj (KKOYY) has a ROE % of 7.67% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kesko Oyj and its competitors. This is 52% below median its historical median of 15.94. Over the past decade, Kesko Oyj's ROE % has ranged from 4.70 to 24.23. According to the industry distribution chart, Kesko Oyj ranks #87 out of 306 companies in the Retail - Defensive industry, placing it in the top 28.4%.
Is Kesko Oyj's ROE % too high?
Kesko Oyj's current ROE % of 7.67% is 52% below median its 10-year median of 15.94. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 24.23. The Retail - Defensive industry median ROE % is 8.53. Kesko Oyj's value of 7.67% is 10.1% below this industry median. Based on the distribution chart, Kesko Oyj ranks #87 out of 306 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Kesko Oyj has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kesko Oyj's ROE % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Kesko Oyj ranks #87 out of 306 companies for ROE %. This puts Kesko Oyj in the upper half of its industry. The industry median ROE % is 8.53. Kesko Oyj's value of 7.67% is 10.1% below this benchmark. Historically, Kesko Oyj's own ROE % has ranged from 4.70 to 24.23 over the past decade. While the company's 10-year median is 15.94 vs. the industry median of 8.53, Kesko Oyj has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.53, based on 306 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kesko Oyj's current ROE % of 7.67% is 10.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kesko Oyj and its competitors. For the Retail - Defensive industry, the median ROE % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kesko Oyj's current ROE % is 7.67%, which is 52% below median its own 10-year median of 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kesko Oyj stock overvalued right now?
Based on GuruFocus' analysis, Kesko Oyj (KKOYY) is currently considered Fairly Valued. The stock's GF Value™ is $11.43, compared to a current price of $11.20 — trading 2% below its estimated fair value. The current ROE % is 7.67%, which is 52% below median its 10-year median of 15.94 and 10.1% below the Retail - Defensive industry median of 8.53. Kesko Oyj's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Kesko Oyj (KKOYY), the current ROE % is 7.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kesko Oyj (KKOYY) Overvalued in 2026?

Based on GuruFocus' analysis, Kesko Oyj stock appears to be undervalued. The current stock price of $11.20 is trading 2% below its estimated GF Value™ of $11.43. GuruFocus considers Kesko Oyj to be Fairly Valued.

Key valuation signals for KKOYY:

  • ROE %: 7.67% (52% below median its 10-year median of 15.94)
  • GF Value™: $11.43 vs. price of $11.20 (2% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 10.1% below the Retail - Defensive median (#87 of 306)

No single metric tells the full story. See the KKOYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kesko Oyj Business Description

Address Tyopajankatu 12, Helsinki, FIN, 00580
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the maximum revenue.
78GF Score

Get the complete analysis for KKOYY

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.20
Price
$11.43
GF Value