Fortum Oyj

Factors to consider:

• Earnings expected soon, date: 2026-02-09 bmo
• Company pays dividends (annually): last record date 2025-04-03, amount 1.51$ (Y6.35%)
• Current price 42.1% above estimated high
• Earnings for 9 months up through Q3 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: [10.82$, 17.32$]
• 2025-12-31 to 2026-12-31 estimated range: [10.31$, 16.72$]

Financial Metrics affecting the FOJCF estimates:

• Positive: with PPE of 10.6 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 22.84 > 18.34
• Negative: negative Industry operating cash flow (median)
• Positive: 6.66 < Operating cash flow per share per price, % of 11.02
• Negative: -0.18 < Industry inventory ratio change (median), % of 0
• Negative: 0.73 < Interest expense per share per price, % of 2.09
• Positive: Inventory ratio change, % of 0.44 <= 0.79
• Positive: Return on assets ratio (scaled to [-100,100]) of 6.28 > 6.11
• Positive: 42.77 < Shareholder equity ratio, % of 52.43 <= 64.37