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Stock Comparison · Industry comparison · Grocery Stores

Carrefour vs Kesko Oyj: Which Stock Looks Stronger in 2026?

Kesko Oyj holds the cleaner structural position, with the lead spread across profitability and growth. Carrefour still leads on valuation and stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

The clearest separation starts in profitability, but growth adds another real layer to the result. Kesko Oyj leads by 10 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Grocery Stores

This comparison is based on industry proximity, not on functional trajectory similarity. CA.PA and KESKOB.HE share the same industry classification.

For a similarity-based comparison, see how Carrefour and Kesko Oyj each position within their functional peer groups in AssetNext.

Peer-Relative Score
CA.PA
Carrefour SA
44
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
KESKOB.HE
Kesko Oyj
54
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: CA.PA vs KESKOB.HE Profitability 9 56 Stability 54 34 Valuation 87 61 Growth 20 59 CA.PA KESKOB.HE
Gap Ranking
#1 Profitability +47
#2 Growth +39
#3 Valuation +26
#4 Stability +20
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CA.PA and KESKOB.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CA.PAKESKOB.HE Relative valuation Structural strength

Kesko Oyj still looks cheaper, even though Carrefour SA remains structurally stronger.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where CA.PA and KESKOB.HE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY CA.PA Elevated · above norm 0th 50th 100th 3 pct gap KESKOB.HE Elevated · above norm 0th 50th 100th 95th 92nd
CA.PA (95th percentile) and KESKOB.HE (92nd percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, Kesko Oyj is positioned higher in the group, while Carrefour SA is closer to the middle.
Growth
On growth, Kesko Oyj is positioned higher in the group, while Carrefour SA is closer to the middle.
Profitability — Dominant Gap
CA.PA
9
KESKOB.HE
56
Gap+47in favour of KESKOB.HE

Return on equity adds support too, with a 7.6-point advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Carrefour, with a forward P/E that is 8.2 turns lower there.

What this means for the comparison

The lead is built on both profitability and growth — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the CA.PA vs KESKOB.HE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how CA.PA and KESKOB.HE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.