Kesko Oyj (HEL:KESKOB) Has A Somewhat Strained Balance Sheet
Oct 31
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Finnish (OMX) Market Analysis & Valuation
UpdatedOct 31, 2024
DataAggregated Company Financials
Companies170
- 7D-1.7%
- 3M0.06%
- 1Y6.7%
- YTD-3.2%
Over the last 7 days, the market has dropped 1.7%, driven by a pullback of 4.2% in the Industrials sector. On the other hand, the Consumer Staples has risen by 9.7%. As for the longer term, the market has actually risen by 6.7% in the last year. Earnings are forecast to grow by 14% annually.
Trending IndustriesSoftware
Market Valuation and Performance
Has the Finnish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 31 Oct 2024 | €259.2b | €199.8b | €14.6b | 18.2x | 17.8x | 1.3x |
| Sat, 28 Sep 2024 | €234.0b | €188.3b | €9.6b | 18.7x | 24.5x | 1.2x |
| Mon, 26 Aug 2024 | €226.0b | €188.2b | €9.5b | 18.6x | 23.7x | 1.2x |
| Wed, 24 Jul 2024 | €218.1b | €189.5b | €10.2b | 18.2x | 21.4x | 1.2x |
| Fri, 21 Jun 2024 | €224.8b | €191.0b | €10.0b | 18.8x | 22.5x | 1.2x |
| Sun, 19 May 2024 | €231.7b | €190.9b | €10.0b | 18.5x | 23.2x | 1.2x |
| Tue, 16 Apr 2024 | €221.8b | €195.5b | €10.2b | 17.6x | 21.7x | 1.1x |
| Thu, 14 Mar 2024 | €219.2b | €195.1b | €10.2b | 17.2x | 21.6x | 1.1x |
| Sat, 10 Feb 2024 | €220.6b | €195.9b | €9.3b | 18.5x | 23.8x | 1.1x |
| Mon, 08 Jan 2024 | €231.2b | €202.7b | €12.9b | 19x | 18x | 1.1x |
| Wed, 06 Dec 2023 | €221.2b | €202.6b | €12.9b | 18.2x | 17.2x | 1.1x |
| Fri, 03 Nov 2023 | €214.1b | €203.1b | €11.0b | 17.7x | 19.4x | 1.1x |
| Sun, 01 Oct 2023 | €218.4b | €208.3b | €12.8b | 18.7x | 17x | 1x |
| Tue, 29 Aug 2023 | €222.2b | €209.1b | €12.9b | 19.2x | 17.3x | 1.1x |
| Thu, 27 Jul 2023 | €230.4b | €210.6b | €16.9b | 18.5x | 13.6x | 1.1x |
| Sat, 24 Jun 2023 | €228.3b | €210.8b | €17.3b | 18.7x | 13.2x | 1.1x |
| Mon, 22 May 2023 | €242.3b | €210.7b | €17.3b | 19.6x | 14x | 1.1x |
| Wed, 19 Apr 2023 | €251.7b | €208.8b | €16.9b | 19.6x | 14.9x | 1.2x |
| Fri, 17 Mar 2023 | €244.3b | €208.9b | €16.9b | 19.3x | 14.5x | 1.2x |
| Sun, 12 Feb 2023 | €258.4b | €314.7b | €29.0b | 17x | 8.9x | 0.8x |
| Tue, 10 Jan 2023 | €262.9b | €310.1b | €14.1b | 16.1x | 18.6x | 0.8x |
| Thu, 08 Dec 2022 | €258.6b | €309.6b | €14.1b | 15.8x | 18.4x | 0.8x |
| Sat, 05 Nov 2022 | €234.5b | €194.0b | €15.2b | 15.8x | 15.4x | 1.2x |
| Mon, 03 Oct 2022 | €220.8b | €186.3b | €15.5b | 14.9x | 14.2x | 1.2x |
| Wed, 31 Aug 2022 | €242.0b | €186.2b | €15.5b | 16.5x | 15.6x | 1.3x |
| Fri, 29 Jul 2022 | €247.6b | €316.8b | €13.2b | 17x | 18.8x | 0.8x |
| Sun, 26 Jun 2022 | €241.1b | €313.7b | €13.1b | 16.7x | 18.4x | 0.8x |
| Tue, 24 May 2022 | €257.9b | €313.6b | €13.1b | 17.4x | 19.6x | 0.8x |
| Thu, 21 Apr 2022 | €270.5b | €285.9b | €16.5b | 19x | 16.4x | 0.9x |
| Sat, 19 Mar 2022 | €267.3b | €284.1b | €14.7b | 19.2x | 18.1x | 0.9x |
| Mon, 14 Feb 2022 | €287.5b | €254.8b | €13.5b | 22x | 21.3x | 1.1x |
| Wed, 12 Jan 2022 | €305.1b | €247.4b | €8.8b | 23.8x | 34.7x | 1.2x |
| Fri, 10 Dec 2021 | €300.5b | €247.0b | €8.8b | 23.4x | 34.1x | 1.2x |
| Sun, 07 Nov 2021 | €303.9b | €237.2b | €9.7b | 23.7x | 31.3x | 1.3x |
Price to Earnings Ratio
31.3x
Current Market PE
- Investors are relatively neutral on the Finnish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 19.6x.
Past Earnings Growth
- The earnings for Finnish listed companies have grown 15% per year over the last three years.
- Meanwhile revenues for these companies have declined 5.6% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.
Sector Trends
Which sectors have driven the changes within the Finnish Market?
| FI Market | -1.66% | |
| Consumer Staples | 9.74% | |
| Telecom | 1.26% | |
| Tech | 0.54% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Financials | -0.027% | |
| Real Estate | -0.82% | |
| Consumer Discretionary | -2.30% | |
| Healthcare | -2.87% | |
| Energy | -3.64% | |
| Materials | -3.87% | |
| Utilities | -3.92% | |
| Industrials | -4.16% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 40.3x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 50.0%, which is higher than its past year's earnings growth of 3.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 99% over the next 5 years.
- This is better than its past earnings growth rate of 62% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| KESKOB Kesko Oyj | €19.87 | 12.0% +€847.6m | 24.4% | PE18.5x | Consumer Staples | |
| SAMPO Sampo Oyj | €41.23 | 2.2% +€462.3m | 9.2% | PE17.9x | Financials | |
| NOKIA Nokia Oyj | €4.41 | 1.7% +€365.9m | 42.6% | PE26.2x | Tech | |
| HUH1V Huhtamäki Oyj | €36.18 | 5.5% +€197.0m | 12.2% | PE15.3x | Materials | |
| CGCBV Cargotec | €55.98 | 3.7% +€126.6m | 50.2% | PE10.7x | Industrials |
