Fortum

FORTUM · Nasdaq Helsinki · EUR

€23.71Change from previous close: +1.11%Absolute change: +€0.26

Close · September 30, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
€21.12B
Enterprise value
€22.94B
P/E (trailing 12 months)
25.6
Forward P/E
22.3
PEG
13.9
Price/book
2.59
Price/sales
3.85
EV/EBITDA
17.9
EV/revenue
4.18

Profitability and growth

Gross margin
39.4%
Operating margin
9.5%
Net margin
15.1%
ROE
10.0%
ROA
3.9%
Revenue growth (year over year)
15.4%
Earnings growth (year over year)
4.8%

Financial health

Total cash
€2.17B
Total debt
€3.91B
Debt/equity
0.47
Current ratio
2.81
Quick ratio
2.20

Dividends

Annual dividend per share
€0.74
Dividend yield
3.1%
Payout ratio
80.4%
Ex-dividend date
April 1, 2026

Analysts and estimates

Average price target
€22.03
Median price target
€23.00
High price target
€28.30
Low price target
€14.60
Analysts with a price target
18
Consensus
Hold
Forward EPS
€1.06
EPS estimate, current year
€1.02

Shares and trading

Beta
0.09
Average volume
1.12M
Shares outstanding
897.26M
Float
412.67M
Institutional ownership
22.3%
Insider ownership
53.0%