Professional
Added to YB: 2026-04-23
Pitch date: 2026-04-21
KESKOB.HE [bullish]
Kesko Oyj
+1.28%
current return
Author Info
Upslope Capital is an alternative investment management firm based in Colorado. They manage a global long/short public equity investment strategy. Follow on Twitter/X.
Company Info
Kesko Oyj engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland.
Market Cap
EUR 8.1B
Pitch Price
EUR 20.30
Price Target
N/A
Dividend
4.43%
EV/EBITDA
9.41
P/E
19.99
EV/Sales
0.92
Sector
Consumer Staples Distribution and Retail
Category
turnaround
Upslope Capital Management New Position: Kesko Oyj
KESKOB.HE (new position): Finland's #2 grocer (35% share, 65% op profit) + building products (26% op profit) & VW dealers. 30-40%+ share in key segments w/ unique entrepreneurial model. Using grocery ballast to consolidate building products in downcycle; op profit could double as macro recovers. 16x P/E vs 12-22x historical range on depressed cyclical earnings. Risks: discount grocer competition (Lidl), extended macro weakness, regulation, M&A execution.
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