Fortum Oyj (FOJCF) Stock

About Fortum Oyj

Fortum Oyj (FOJCF) is a Finnish energy company, established in 1998 and headquartered in Espoo, that operates globally across diverse markets including the Nordic countries, Germany, the UK, Russia, the Netherlands, and the Baltic Rim area. The company's core business revolves around the production and sale of electricity and heat. Fortum's operations are structured into several key segments: Generation: This division is responsible for producing power from a variety of sources, including nuclear, hydropower, wind, and thermal energy. It also offers specialized services such as optimizing power portfolios, energy trading, industrial intelligence, and nuclear facility management. City Solutions: This segment focuses on developing innovative solutions for urban environments, encompassing heating and cooling systems, waste-to-energy initiatives, biomass utilization, various circular economy projects, and solar power generation. Consumer Solutions: Serving approximately 2.4 million customers, this segment manages the retail sale of electricity and gas. Its services include customer support, invoicing, providing value-added electricity products, and a range of digital offerings. Russia: Fortum's dedicated Russian segment is primarily involved in the generation and sale of both electricity and heat within that country. Uniper: Through its Uniper segment, Fortum participates in power generation activities, as well as energy trading and optimization strategies.

Fortum Oyj is headquartered in FI.

Fortum Oyj (FOJCF) stock trades at $22.63 with a market capitalization of $20.31B. The stock is valued at a price-to-earnings (P/E) ratio of 21.47, price-to-book of 2.16, price-to-sales of 3.31. Over the past 52 weeks the stock has ranged between $17.06 and $25.75, and currently trades 12.1% below its 52-week high. It pays a dividend yielding 3.80%.

On profitability, Fortum Oyj generates a return on equity (ROE) of 9.94%, return on capital employed of 7.13%, an operating margin of 18.47%, a net profit margin of 15.40%.

In its most recent fiscal year, Fortum Oyj reported annual revenue of $5.0B, net profit of $765.0M, revenue has compounded at -36.7% a year over the last five years, profit at -15.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.48 — a conservative balance sheet with little leverage risk, a current ratio of 2.08, total assets of $16.4B, $2.9B in cash and equivalents.

FOJCF has an average daily trading volume of 1,503 shares, a beta of 0.09 (less volatile than the overall market).

Official website: www.fortum.com