Valuation Fortum Oyj

Equities

Market Closed - Nasdaq Helsinki Other stock markets 12:00:00 2026-02-06 pm EST			After hours 03:00:38 pm
19.43 ^EUR	+2.56%		19.44	+0.08%

Feb. 04	Inderes Upgrades Fortum's Rating to Accumulate, Raises PT	MT
Feb. 04	Barclays Notes Fortum's FY25 Misses for Top Line, Bottom Line Results	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	17,499	23,975	13,943	11,718	12,127	16,999	16,999	-
Change	-	37.01%	-41.84%	-15.96%	3.48%	40.18%	0%	-
Enterprise Value (EV) ¹	24,522	33,603	15,027	12,660	12,494	17,791	18,325	18,359
Change	-	37.03%	-55.28%	-15.75%	-1.32%	42.4%	1.31%	0.19%
P/E ratio	9.61x	32.5x	-5.71x	7.77x	10.4x	21.4x	19.6x	21.5x
PBR	1.35x	1.98x	1.82x	1.39x	1.34x	1.91x	1.97x	1.96x
PEG	-	-0.5x	0x	-0x	-0.5x	-0.6x	1.1x	-2.47x
Capitalization / Revenue	0.36x	0.21x	1.58x	1.75x	2.09x	3.27x	3.18x	3.26x
EV / Revenue	0.5x	0.3x	1.71x	1.89x	2.15x	3.57x	3.43x	3.52x
EV / EBITDA	10.1x	8.8x	6.17x	6.65x	8.03x	14.3x	12.7x	13.8x
EV / EBIT	18.2x	13.3x	8.03x	8.2x	10.6x	19.3x	16.3x	18.3x
EV / FCF	16.9x	8.86x	9.57x	11.2x	13.6x	52.2x	25.2x	25.1x
FCF Yield	5.93%	11.3%	10.4%	8.96%	7.36%	1.92%	3.96%	3.99%
Dividend per Share ²	1.12	1.14	0.91	1.15	1.4	0.74	0.865	0.7693
Rate of return	5.69%	4.22%	5.86%	8.81%	10.4%	4.07%	4.57%	4.06%
EPS ²	2.05	0.83	-2.72	1.68	1.3	0.85	0.9656	0.8817
Distribution rate	54.6%	137%	-33.5%	68.5%	108%	87.1%	89.6%	87.3%
Net sales ¹	49,015	112,400	8,804	6,711	5,800	4,989	5,345	5,220
EBITDA ¹	2,434	3,817	2,436	1,903	1,556	1,240	1,447	1,334
EBIT ¹	1,344	2,536	1,871	1,544	1,178	924	1,127	1,004
Net income ¹	1,823	739	-2,416	1,514	1,164	765	865.5	789.3
Net Debt ¹	7,023	9,628	1,084	942	367	1,479	1,326	1,361
Reference price ²	19.70	26.99	15.54	13.06	13.52	18.94	18.94	18.94
Nbr of stocks (in thousands)	888,294	888,294	897,264	897,264	897,264	897,264	897,264	-
Announcement Date	3/12/21	3/3/22	3/2/23	2/7/24	2/11/25	2/3/26	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORTUM OYJ	23.13x	3.57x	14.07x	3.99%	20.04B
GE VERNOVA INC.	50.47x	4.25x	33.07x	0.24%	199B
NEXTERA ENERGY	25.4x	9.66x	16.66x	2.54%	186B
IBERDROLA, S.A.	19.76x	3.78x	10.96x	3.58%	151B
ENEL S.P.A.	13.97x	1.95x	6.72x	5.1%	112B
SOUTHERN COMPANY	21.69x	5.98x	13.29x	3.24%	100B
DUKE ENERGY CORPORATION	19.53x	5.73x	11.8x	3.44%	95.97B
CONSTELLATION ENERGY CORPORATION	26.91x	3.9x	18.2x	0.62%	89.52B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.54x	5.17x	12.6x	3.11%	64.42B
DOMINION ENERGY, INC.	18.21x	6.23x	13.11x	4.27%	53.39B
Average	23.86x	5.02x	15.05x	3.01%	107.1B
Weighted average by Cap.	26.56x	5.29x	16.77x	2.66%