Fortum Oyj Financials
| FORTUM Stock | EUR 14.50 0.48 3.42% |
Fortum |
Understanding current and past Fortum Oyj Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortum Oyj's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortum Oyj's assets may result in an increase in income on the income statement.
Please note, the presentation of Fortum Oyj's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortum Oyj's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortum Oyj's management manipulating its earnings.
Fortum Oyj Stock Summary
Fortum Oyj competes with Nordea Bank, and SSH Communications. Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim area, and internationally. Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland. Fortum operates under UtilitiesRenewable classification in Finland and is traded on Helsinki Exchange. It employs 20184 people.| Instrument | Finland Stock View All |
| Exchange | Helsinki Exchange |
| ISIN | FI0009007132 |
| Business Address | CD Building, Espoo, |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.fortum.com |
| Phone | 358 10 4511 |
| Currency | EUR - Euro |
You should never invest in Fortum Oyj without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fortum Stock, because this is throwing your money away. Analyzing the key information contained in Fortum Oyj's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fortum Oyj Key Financial Ratios
Fortum Oyj's financial ratios allow both analysts and investors to convert raw data from Fortum Oyj's financial statements into concise, actionable information that can be used to evaluate the performance of Fortum Oyj over time and compare it to other companies across industries.| Return On Equity | -0.21 | |||
| Return On Asset | 0.018 | |||
| Target Price | 16.9 | |||
| Beta | 0.71 | |||
| Z Score | 0.6 |
Fortum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortum Oyj's current stock value. Our valuation model uses many indicators to compare Fortum Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortum Oyj competition to find correlations between indicators driving Fortum Oyj's intrinsic value. More Info.Fortum Oyj is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortum Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortum Oyj's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fortum Oyj Systematic Risk
Fortum Oyj's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortum Oyj volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Fortum Oyj correlated with the market. If Beta is less than 0 Fortum Oyj generally moves in the opposite direction as compared to the market. If Fortum Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortum Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortum Oyj is generally in the same direction as the market. If Beta > 1 Fortum Oyj moves generally in the same direction as, but more than the movement of the benchmark.
Fortum Oyj November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortum Oyj help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortum Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortum Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Fortum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortum Oyj's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.42 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 1.99 |
Complementary Tools for Fortum Stock analysis
When running Fortum Oyj's price analysis, check to measure Fortum Oyj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortum Oyj is operating at the current time. Most of Fortum Oyj's value examination focuses on studying past and present price action to predict the probability of Fortum Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortum Oyj's price. Additionally, you may evaluate how the addition of Fortum Oyj to your portfolios can decrease your overall portfolio volatility.
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