F

Fortum Oyj
OMXH:FORTUM

Watchlist Manager
Fortum Oyj
OMXH:FORTUM
Watchlist
Price: 15.41 EUR 0.82%
Market Cap: 13.8B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one FORTUM stock under the Base Case scenario is 13.07 EUR. Compared to the current market price of 15.41 EUR, Fortum Oyj is Overvalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FORTUM Relative Value
Base Case
13.07 EUR
Overvaluation 15%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
7
vs Industry
35
Median 3Y
1.6
Median 5Y
1.5
Industry
1.7
Forward
2.4
More Details
11.8
P/E
P/E
Price to Earnings
11.8
vs History
14
vs Industry
47
Median 3Y
-3.3
Median 5Y
7.3
Industry
14.9
Forward
16.2
More Details
9.9
P/OCF
P/OCF
Price to OCF
9.9
vs History
6
vs Industry
27
Median 3Y
5.1
Median 5Y
6.1
Industry
7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
31
Median 3Y
-0.9
Median 5Y
2.8
Industry
13.8
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
33
vs Industry
41
Median 3Y
1.5
Median 5Y
1.4
Industry
1.4
More Details
2.5
EV/S
EV/S
Enterprise Value to Sales
2.5
vs History
12
vs Industry
49
Median 3Y
1.7
Median 5Y
1.6
Industry
2.7
Forward
2.5
More Details
5.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.7
vs History
36
vs Industry
57
Median 3Y
5.1
Median 5Y
5.1
Industry
7.3
More Details
9.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.2
vs History
33
vs Industry
47
Median 3Y
8
Median 5Y
8.3
Industry
10.3
Forward
10.1
More Details
12.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.1
vs History
47
vs Industry
48
Median 3Y
10.3
Median 5Y
12
Industry
14.5
Forward
13.4
More Details
10.2
EV/OCF
EV/OCF
Enterprise Value to OCF
10.2
vs History
22
vs Industry
44
Median 3Y
6.1
Median 5Y
8.3
Industry
11
More Details
15.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.5
vs History
31
vs Industry
30
Median 3Y
8.9
Median 5Y
14
Industry
16.6
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
0
vs Industry
26
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
More Details

Multiples Across Competitors

FORTUM Competitors Multiples
Fortum Oyj Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Fortum Oyj
OMXH:FORTUM
13.7B EUR 2.4 11.8 9.2 12.1
US
Nextera Energy Inc
NYSE:NEE
141.1B USD 5.7 20.3 16.6 30
ES
Iberdrola SA
MAD:IBE
90.1B EUR 2 16.1 7.1 11.7
US
Southern Co
NYSE:SO
96.4B USD 3.6 21.9 12.6 22.1
US
Duke Energy Corp
NYSE:DUK
90.1B USD 3 20.5 11.8 21.4
IT
Enel SpA
MIL:ENEL
73.6B EUR 1 10.5 5.7 8.4
US
Constellation Energy Corp
NASDAQ:CEG
71B USD 3 18.9 10.8 17.6
US
American Electric Power Company Inc
NASDAQ:AEP
54.6B USD 2.8 18.4 12.3 21.6
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
43B USD 1.9 17.5 11.1 20.4
DK
Oersted A/S
SWB:D2G
37B EUR 3.9 -299 23.6 23.6
P/E Multiple
Earnings Growth PEG
FI
F
Fortum Oyj
OMXH:FORTUM
Average P/E: 17.3
11.8
-11%
N/A
US
Nextera Energy Inc
NYSE:NEE
20.3
9%
2.3
ES
Iberdrola SA
MAD:IBE
16.1
1%
16.1
US
Southern Co
NYSE:SO
21.9
8%
2.7
US
Duke Energy Corp
NYSE:DUK
20.5
9%
2.3
IT
Enel SpA
MIL:ENEL
10.5
1%
10.5
US
Constellation Energy Corp
NASDAQ:CEG
18.9
0%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
18.4
7%
2.6
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Exelon Corp
NASDAQ:EXC
17.5
7%
2.5
DK
O
Oersted A/S
SWB:D2G
Negative Multiple: -299 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FI
F
Fortum Oyj
OMXH:FORTUM
Average EV/EBITDA: 12.1
9.2
-4%
N/A
US
Nextera Energy Inc
NYSE:NEE
16.6
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.1
-1%
N/A
US
Southern Co
NYSE:SO
12.6
7%
1.8
US
Duke Energy Corp
NYSE:DUK
11.8
7%
1.7
IT
Enel SpA
MIL:ENEL
5.7
3%
1.9
US
Constellation Energy Corp
NASDAQ:CEG
10.8
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.3
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.1
10%
1.1
DK
O
Oersted A/S
SWB:D2G
23.6
36%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
F
Fortum Oyj
OMXH:FORTUM
Average EV/EBIT: 18.9
12.1
-4%
N/A
US
Nextera Energy Inc
NYSE:NEE
30
24%
1.3
ES
Iberdrola SA
MAD:IBE
11.7
1%
11.7
US
Southern Co
NYSE:SO
22.1
6%
3.7
US
Duke Energy Corp
NYSE:DUK
21.4
8%
2.7
IT
Enel SpA
MIL:ENEL
8.4
2%
4.2
US
Constellation Energy Corp
NASDAQ:CEG
17.6
2%
8.8
US
American Electric Power Company Inc
NASDAQ:AEP
21.6
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
20.4
9%
2.3
DK
O
Oersted A/S
SWB:D2G
23.6
15%
1.6

See Also

Summary
FORTUM intrinsic value, competitors valuation, and company profile.
DCF Valuation
FORTUM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FORTUM stock valuation using valuation multiples.
Wall Street Estimates
FORTUM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FORTUM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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