Kesko Oyj
Kesko Oyj engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade division is involved in the wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; offer online grocery services;… Read more
Kesko Oyj (KKOYF) - Net Assets
Latest net assets as of December 2025: $2.83 Billion USD
Based on the latest financial reports, Kesko Oyj (KKOYF) has net assets worth $2.83 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.82 Billion) and total liabilities ($6.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.83 Billion |
| % of Total Assets | 32.04% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | 11.75% |
| 10-Year Change | 32.94% |
| Growth Volatility | 5.6 |
Kesko Oyj - Net Assets Trend (2002–2025)
This chart illustrates how Kesko Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kesko Oyj (2002–2025)
The table below shows the annual net assets of Kesko Oyj from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.83 Billion | +3.35% |
| 2024-12-31 | $2.74 Billion | -0.84% |
| 2023-12-31 | $2.76 Billion | +0.59% |
| 2022-12-31 | $2.74 Billion | +8.41% |
| 2021-12-31 | $2.53 Billion | +15.54% |
| 2020-12-31 | $2.19 Billion | +2.27% |
| 2019-12-31 | $2.14 Billion | -2.62% |
| 2018-12-31 | $2.20 Billion | -1.51% |
| 2017-12-31 | $2.23 Billion | +4.97% |
| 2016-12-31 | $2.13 Billion | -5.16% |
| 2015-12-31 | $2.24 Billion | -1.04% |
| 2014-12-31 | $2.27 Billion | -3.70% |
| 2013-12-31 | $2.35 Billion | +3.77% |
| 2012-12-31 | $2.27 Billion | +1.52% |
| 2011-12-31 | $2.23 Billion | +1.05% |
| 2010-12-31 | $2.21 Billion | +6.79% |
| 2009-12-31 | $2.07 Billion | +2.12% |
| 2008-12-31 | $2.03 Billion | +3.16% |
| 2007-12-31 | $1.96 Billion | +10.53% |
| 2006-12-31 | $1.78 Billion | +17.85% |
| 2005-12-31 | $1.51 Billion | +7.20% |
| 2004-12-31 | $1.41 Billion | -0.59% |
| 2003-12-31 | $1.42 Billion | +1.67% |
| 2002-12-31 | $1.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kesko Oyj's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 211.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.24 Billion | 79.97% |
| Common Stock | $197.30 Million | 7.05% |
| Other Components | $363.10 Million | 12.98% |
| Total Equity | $2.80 Billion | 100.00% |
Kesko Oyj Competitors by Market Cap
The table below lists competitors of Kesko Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Millicom International Cellular SA
NASDAQ:TIGO
|
$7.13 Billion |
|
AGCO Corporation
NYSE:AGCO
|
$7.13 Billion |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308
|
$7.13 Billion |
|
Securitas AB
PINK:SCTBY
|
$7.14 Billion |
|
Unity Software Inc
NYSE:U
|
$7.13 Billion |
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
$7.12 Billion |
|
PROCORE TECH.INC.DL-0001
F:5PT
|
$7.12 Billion |
|
Fluor Corporation
NYSE:FLR
|
$7.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kesko Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,722,200,000 to 2,797,800,000, a change of 75,600,000 (2.8%).
- Net income of 404,200,000 contributed positively to equity growth.
- Dividend payments of 370,200,000 reduced retained earnings.
- New share issuances of 15,500,000 increased equity.
- Other comprehensive income decreased equity by 160,099,999.
- Other factors increased equity by 186,199,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $404.20 Million | +14.45% |
| Dividends Paid | $370.20 Million | -13.23% |
| Share Issuances | $15.50 Million | +0.55% |
| Other Comprehensive Income | $-160.10 Million | -5.72% |
| Other Changes | $186.20 Million | +6.66% |
| Total Change | $- | 2.78% |
Book Value vs Market Value Analysis
This analysis compares Kesko Oyj's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.53x to 2.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $3.69 | $20.42 | x |
| 2003-12-31 | $3.66 | $20.42 | x |
| 2004-12-31 | $3.71 | $20.42 | x |
| 2005-12-31 | $3.81 | $20.42 | x |
| 2006-12-31 | $4.46 | $20.42 | x |
| 2007-12-31 | $4.85 | $20.42 | x |
| 2008-12-31 | $4.85 | $20.42 | x |
| 2009-12-31 | $5.09 | $20.42 | x |
| 2010-12-31 | $5.43 | $20.42 | x |
| 2011-12-31 | $5.50 | $20.42 | x |
| 2012-12-31 | $5.59 | $20.42 | x |
| 2013-12-31 | $5.75 | $20.42 | x |
| 2014-12-31 | $5.51 | $20.42 | x |
| 2015-12-31 | $5.46 | $20.42 | x |
| 2016-12-31 | $5.11 | $20.42 | x |
| 2017-12-31 | $5.36 | $20.42 | x |
| 2018-12-31 | $5.26 | $20.42 | x |
| 2019-12-31 | $5.11 | $20.42 | x |
| 2020-12-31 | $5.52 | $20.42 | x |
| 2021-12-31 | $6.37 | $20.42 | x |
| 2022-12-31 | $6.90 | $20.42 | x |
| 2023-12-31 | $6.94 | $20.42 | x |
| 2024-12-31 | $6.84 | $20.42 | x |
| 2025-12-31 | $7.03 | $20.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kesko Oyj utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.24%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 3.15x
- Recent ROE (14.45%) is above the historical average (11.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.04% | 1.05% | 2.46x | 1.95x | $-66.79 Million |
| 2003 | 7.20% | 1.36% | 2.56x | 2.07x | $-37.30 Million |
| 2004 | 12.76% | 2.35% | 2.35x | 2.32x | $38.10 Million |
| 2005 | 12.24% | 2.29% | 2.21x | 2.42x | $33.17 Million |
| 2006 | 21.07% | 4.21% | 2.30x | 2.18x | $193.70 Million |
| 2007 | 16.10% | 3.22% | 2.33x | 2.14x | $116.50 Million |
| 2008 | 10.45% | 2.07% | 2.47x | 2.04x | $8.60 Million |
| 2009 | 6.69% | 1.59% | 2.20x | 1.92x | $-66.29 Million |
| 2010 | 10.03% | 2.46% | 2.10x | 1.94x | $560.00K |
| 2011 | 8.35% | 1.92% | 2.26x | 1.93x | $-35.97 Million |
| 2012 | 5.65% | 1.28% | 2.21x | 1.99x | $-95.62 Million |
| 2013 | 7.59% | 1.86% | 2.14x | 1.91x | $-54.84 Million |
| 2014 | 4.40% | 1.06% | 2.16x | 1.92x | $-122.39 Million |
| 2015 | 4.70% | 1.17% | 2.10x | 1.91x | $-114.74 Million |
| 2016 | 4.86% | 0.97% | 2.31x | 2.17x | $-104.31 Million |
| 2017 | 12.08% | 2.41% | 2.39x | 2.10x | $44.46 Million |
| 2018 | 7.58% | 1.52% | 2.41x | 2.06x | $-50.51 Million |
| 2019 | 16.74% | 3.16% | 1.55x | 3.41x | $136.62 Million |
| 2020 | 19.80% | 4.06% | 1.61x | 3.03x | $214.47 Million |
| 2021 | 22.61% | 5.06% | 1.62x | 2.75x | $318.85 Million |
| 2022 | 22.24% | 5.16% | 1.58x | 2.73x | $335.68 Million |
| 2023 | 17.97% | 4.21% | 1.52x | 2.81x | $219.76 Million |
| 2024 | 13.93% | 3.18% | 1.41x | 3.11x | $106.88 Million |
| 2025 | 14.45% | 3.24% | 1.41x | 3.15x | $124.42 Million |
Industry Comparison
This section compares Kesko Oyj's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $14,173,591,586
- Average return on equity (ROE) among peers: 20.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kesko Oyj (KKOYF) | $2.83 Billion | 5.04% | 2.12x | $7.13 Billion |
| Albertsons Companies (ACI) | $2.28 Billion | 20.47% | 10.97x | $6.24 Billion |
| Koninklijke Ahold Delhaize NV (AHODF) | $16.28 Billion | 5.10% | 1.23x | $32.57 Billion |
| Sendas Distribuidora S.A. (ASAIY) | $2.77 Billion | 58.21% | 7.26x | $2.52 Billion |
| Bim Birlesik Magazalar (BMBRF) | $813.01 Million | 40.75% | 1.62x | $5.01 Billion |
| BMTHF (BMTHF) | $306.68 Million | 3.95% | 1.25x | $60.88 Million |
| Carrefour SA (CRERF) | $10.95 Billion | 11.59% | 3.76x | $8.90 Billion |
| CP ALL Public Company Limited (CVPBF) | $99.82 Billion | 20.97% | 2.74x | $9.06 Billion |
| Dairy Farm International Holdings Limited (DFILF) | $1.76 Billion | 22.92% | 2.11x | $3.57 Billion |
| Dino Polska S.A. (DNOPF) | $5.61 Billion | 25.07% | 0.85x | $11.25 Billion |
| Krispy Kreme Inc (DNUT) | $1.16 Billion | 0.27% | 1.64x | $317.96 Million |