Kesko Group Detailed Consensus
Last Update: 2022-01-26

Following the 3:1 share split in Q2 2020 EPS & DPS are calculated with the post-split number of shares; historic values are restated.

Kesko Senukai is treated as a subsidiary up to Q2 2020 and from Q3 2020 onwards is it treated as a JV.


KPI[EUR m]Q4 2020FY 2020Q4 2021 EFY 2021 EFY 2022 EFY 2023 E
Net SalesNumber of Estimates5555
Net SalesHighest2,880.611,315.511,673.011,974.0
Net SalesConsensus2,662.310,669.22,862.311,294.311,391.511,626.7
Net SalesMedian2,870.011,300.011,318.011,523.0
Net SalesLowest2,829.011,259.011,231.011,445.0
Operating Profit reportedNumber of Estimates5555
Operating Profit reportedHighest210.3781.0741.8749.4
Operating Profit reportedConsensus155.6600.2204.8775.2708.2715.7
Operating Profit reportedMedian208.1778.0714.0718.0
Operating Profit reportedLowest195.0766.0658.0671.0
Items affecting comparabilityNumber of Estimates4444
Items affecting comparabilityHighest0.00.00.00.0
Items affecting comparabilityConsensus-10.132.40.0-1.40.0-0.1
Items affecting comparabilityMedian0.0-1.80.00.0
Items affecting comparabilityLowest0.0-2.0-0.1-0.5
Comparable Operating ProfitNumber of Estimates5555
Comparable Operating ProfitHighest210.3783.0741.8749.4
Comparable Operating ProfitConsensus165.6567.8204.8776.7708.2715.8
Comparable Operating ProfitMedian208.1780.0714.0718.5
Comparable Operating ProfitLowest195.0766.0658.0671.0
Comparable Operating Profit Margin %Number of Estimates5555
Comparable Operating Profit Margin %Highest7.36.96.56.4
Comparable Operating Profit Margin %Consensus6.25.37.26.96.26.2
Comparable Operating Profit Margin %Median7.26.96.36.2
Comparable Operating Profit Margin %Lowest6.86.85.85.9
Profit before taxes reportedNumber of Estimates5555
Profit before taxes reportedHighest194.3718.0671.0678.0
Profit before taxes reportedConsensus138.4527.6186.9709.8640.6648.0
Profit before taxes reportedMedian186.0709.0647.0651.0
Profit before taxes reportedLowest179.0702.0595.0607.0
Comparable profit before taxesNumber of Estimates4444
Comparable profit before taxesHighest194.3720.0650.0659.0
Comparable profit before taxesConsensus150.4481.9186.3710.4633.0640.6
Comparable profit before taxesMedian185.9709.8643.6648.3
Comparable profit before taxesLowest179.0702.0595.0607.0
Group net income reported (after minorities)Number of Estimates5555
Group net income reported (after minorities)Highest153.8565.0530.0536.0
Group net income reported (after minorities)Consensus113.6433.4148.5560.0509.8515.8
Group net income reported (after minorities)Median148.0561.8512.0516.0
Group net income reported (after minorities)Lowest144.0554.0480.0490.0
Comparable group net income (after minorities)Number of Estimates4444
Comparable group net income (after minorities)Highest153.8567.0520.0527.0
Comparable group net income (after minorities)Consensus123.6383.5147.7561.0504.8510.9
Comparable group net income (after minorities)Median146.6561.4509.5513.3
Comparable group net income (after minorities)Lowest144.0554.0480.0490.0
Number of shares outstanding (in million)Number of Estimates5555
Number of shares outstanding (in million)Highest396.7396.7396.7396.7
Number of shares outstanding (in million)Consensus396.7396.7396.7396.7396.7396.7
Number of shares outstanding (in million)Median396.7396.7396.7396.7
Number of shares outstanding (in million)Lowest396.7396.7396.7396.7
EPS reported (in Euro)Number of Estimates5555
EPS reported (in Euro)Highest0.391.421.341.35
EPS reported (in Euro)Consensus0.291.090.371.411.291.30
EPS reported (in Euro)Median0.371.421.291.30
EPS reported (in Euro)Lowest0.361.401.211.24
EPS comparable (in Euro)Number of Estimates4444
EPS comparable (in Euro)Highest0.391.431.311.33
EPS comparable (in Euro)Consensus0.310.970.371.411.271.29
EPS comparable (in Euro)Median0.371.421.281.29
EPS comparable (in Euro)Lowest0.361.401.211.24
DPS (in Euro)Number of Estimates-555
DPS (in Euro)Highest-1.001.051.10
DPS (in Euro)Consensus-0.75-0.920.961.00
DPS (in Euro)Median-0.900.950.97
DPS (in Euro)Lowest-0.850.900.94
Investments Number of Estimates-444
Investments Highest--240.0-247.0-247.0
Investments Consensus--398.4--383.0-411.5-419.3
Investments Median--359.5-400.0-407.5
Investments Lowest--573.0-599.0-615.0
ROCE, comparable %Number of Estimates-444
ROCE, comparable %Highest-16.015.015.0
ROCE, comparable %Consensus-12.0-15.513.713.6
ROCE, comparable %Median-15.813.613.4
ROCE, comparable %Lowest-14.512.712.7
Grocery trade, Net salesNumber of Estimates5555
Grocery trade, Net salesHighest1,560.05,913.06,080.06,227.0
Grocery trade, Net salesConsensus1,517.25,732.01,556.35,908.76,014.76,144.3
Grocery trade, Net salesMedian1,555.05,907.06,017.06,129.0
Grocery trade, Net salesLowest1,553.05,905.05,970.66,098.3
Grocery trade, Comparable Operating ProfitNumber of Estimates5555
Grocery trade, Comparable Operating ProfitHighest133.9446.0443.5454.8
Grocery trade, Comparable Operating ProfitConsensus123.2375.2130.6442.7423.3429.6
Grocery trade, Comparable Operating ProfitMedian132.0444.0426.0431.0
Grocery trade, Comparable Operating ProfitLowest127.0439.0398.0406.0
Building and technical trade, Net SalesNumber of Estimates5555
Building and technical trade, Net SalesHighest1,103.04,390.04,504.04,604.0
Building and technical trade, Net SalesConsensus917.64,066.21,090.84,377.84,329.14,390.0
Building and technical trade, Net SalesMedian1,100.04,386.04,307.04,341.0
Building and technical trade, Net SalesLowest1,067.04,353.04,180.04,201.0
Building and technical trade, Comparable Operating ProfitNumber of Estimates5555
Building and technical trade, Comparable Operating ProfitHighest80.0324.0281.0279.0
Building and technical trade, Comparable Operating ProfitConsensus44.3201.972.5316.9268.4268.6
Building and technical trade, Comparable Operating ProfitMedian75.0319.6271.0273.0
Building and technical trade, Comparable Operating ProfitLowest63.8308.0246.0250.0
Car trade, Net SalesNumber of Estimates5555
Car trade, Net SalesHighest222.01,031.01,113.01,169.0
Car trade, Net SalesConsensus233.6892.6220.01,029.51,063.11,107.6
Car trade, Net SalesMedian221.01,031.01,053.01,113.1
Car trade, Net SalesLowest214.91,024.01,030.61,067.0
Car trade, Comparable Operating ProfitNumber of Estimates5555
Car trade, Comparable Operating ProfitHighest11.956.056.058.0
Car trade, Comparable Operating ProfitConsensus6.223.410.154.052.554.7
Car trade, Comparable Operating ProfitMedian9.553.252.357.0
Car trade, Comparable Operating ProfitLowest9.053.049.049.0
Common operations and Eliminations, Net salesNumber of Estimates5555
Common operations and Eliminations, Net salesHighest-1.3-5.0-5.0-5.0
Common operations and Eliminations, Net salesConsensus-6.1-21.4-5.1-19.6-19.8-19.2
Common operations and Eliminations, Net salesMedian-6.0-23.8-23.8-21.0
Common operations and Eliminations, Net salesLowest-6.1-24.0-25.0-26.0
Common operations and Eliminations, Comparable Operating ProfitNumber of Estimates5555
Common operations and Eliminations, Comparable Operating ProfitHighest-7.7-36.0-34.0-34.0
Common operations and Eliminations, Comparable Operating ProfitConsensus-8.0-32.7-8.5-36.5-36.2-37.0
Common operations and Eliminations, Comparable Operating ProfitMedian-8.0-36.0-36.0-36.0
Common operations and Eliminations, Comparable Operating ProfitLowest-10.0-38.0-40.0-42.0
Disclaimer

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.