Fortum Oyj (ADR)

Factors to consider:

• Company pays dividends (annually): last record date 2025-04-03, amount 0.32$ (Y7.44%)
• Current price 24.0% above estimated high
• Earnings for 6 months up through Q2 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [2.05$, 3.47$]
• 2025-12-31 to 2026-12-31 estimated range: [2.09$, 3.55$]

Financial Metrics affecting the FOJCY estimates:

• Positive: with PPE of 9.6 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 22.84 > 18.64
• Negative: negative Industry operating cash flow (median)
• Positive: 41.86 < Shareholder equity ratio, % of 52.43 <= 63.39
• Positive: 6.82 < Operating cash flow per share per price, % of 12.14
• Negative: Industry earnings per price (median), % of 0 <= 0
• Positive: Investing cash flow per share per price, % of 5.27 > -0.66
• Negative: negative Industry operating income (median)
• Positive: Industry inventory ratio change (median), % of 0 <= 0
• Negative: 0.79 < Interest expense per share per price, % of 2.27