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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 growth and profitability. Carrefour still leads on valuation and stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. 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.

Updated 2026-04-05

Most of the lead runs through growth, while profitability helps make the separation broader. The overall score gap is 13 points in favour of Kesko Oyj.

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
43
Peer-Score
Signal qualityMedium
vs
KESKOB.HE
Kesko Oyj
56
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: CA.PA vs KESKOB.HE Profitability 13 47 Stability 55 37 Valuation 86 67 Growth 11 71 CA.PA KESKOB.HE
Gap Ranking
#1 Growth +60
#2 Profitability +34
#3 Valuation +19
#4 Stability +18
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.

Relative Position vs Comparable Companies
Growth
Kesko Oyj ranks near the top of the group on growth; Carrefour SA sits in the weaker half.
Profitability
Kesko Oyj sits higher in the group on profitability, adding to the overall structural advantage.
Growth — Dominant Gap
CA.PA
11
KESKOB.HE
71
Gap+60in favour of KESKOB.HE

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Carrefour, with a forward P/E that is 6 turns lower there.

What this means for the comparison

The lead is built on both growth and profitability — 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 →
Similar growth-and-profitability comparisons

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.

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.