Obermatt

Fortum

HEX:FORTUM · FI0009007132
Electric UtilitiesX-Large

360

76
EV / EBIT38
Price / Owner Earnings14
Owner Earnings Yield79
Dividend Yield1
Price/Sales13
EV / Gross Profit48
Price/Book31
Return on Capital61
Cash Return on Capital91
Return on Equity37
EBIT Margin41
Gross Profitability73
Cash Conversion8
Accruals54
Owner Earnings Margin91
Sales growth81
Profit Growth70
Long-Term EPS Growth31
Owner Earnings Growth20
Reinvestment31
Price momentum82
Debt load79
Refinancing58
Debt Payback90
Liquidity82
Analyst ratings9
Opinion Changes50
Price Target Upside3
Market mood56
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Fortum clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryFinland
IndustryElectric Utilities
SizeX-Large
TypePublic Company
ExchangeHLSE
Founded1998
Employees3,589
Websitefortum.fi
ISINFI0009007132
Last UpdateApr 2, 2026
Themes
Power GridUtility Scale SolarOnshore and Offshore WindEnergy EfficiencyClean EnergyEnergy ManagementCleanTechEnergy StorageAnaerobic DigestionBiomass EnergyConventional NuclearEnergyRenewable Energy

Description

Fortum Oyj engages in the energy sector with a strategic focus on providing clean energy solutions. Business Segments The company has organized its operations into three main segments: Generation, Consumer Solutions, and Other Operations. Generati…

Analysis

Middle-of-the-road

Fortum Oyj is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 29.9× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 12% yearly growth; analysts expect 3%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is moderate and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
50
2023202420252026

All-time high

68

Feb 2026

All-time low

12

Nov 2025

Average rank

41

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
13
26
36
93
Price/Earnings
16
26
61
58
Price/Book
31
39
52
70
Dividend Yield
1
62
84
94
Value (overall)
4
20
49
82

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →