Fortum Oyj Stock

Fortum Oyj Market capitalization 2024

Fortum Oyj Market capitalization

12.76 B EUR

Ticker

FORTUM.HE

ISIN

FI0009007132

WKN

916660

In 2024, Fortum Oyj's market cap stood at 12.76 B EUR, a 26.11% increase from the 10.12 B EUR market cap in the previous year.

The Fortum Oyj Market capitalization history

YEARMarket Capitalization (undefined EUR)
202311.58
202214.14
202121.24
202015.77
201917.91
201817.36
201713.53
201612.18
201514.64
201416
201313.59
201213.76
201117.75
201017.03
200914.39
200822.24
200721.62
200618.1
200511.82
20046.71

Fortum Oyj Aktienanalyse

What does Fortum Oyj do?

The company Fortum Oyj is a Finnish energy company based in Espoo. Founded in 1998, the company merged the Finnish state electricity company Finnkraft with the Swedish energy company Birka Energi. Since then, Fortum Oyj has developed into a global company with a wide range of products and services. Fortum Oyj's business model focuses on generating energy from renewable sources such as wind, solar power, water, and geothermal energy. The company operates around 900 power plants in more than 100 countries worldwide and is one of the world's leading providers of clean energy and sustainability. Fortum Oyj offers various divisions that focus on providing energy generation solutions and services. The divisions include generation, trading, power grid, heat and cooling, as well as recycling and waste management. The company aims to reduce its dependence on fossil fuels and focus on expanding renewable energy sources. Generating renewable energy is a key part of Fortum Oyj's offerings. The company uses various technologies to generate renewable energy, including wind and hydropower, as well as solar energy. Fortum Oyj is also working on developing technologies for generating energy from biomass, geothermal energy, and wave power. Fortum Oyj also has a strong commitment to creating energy-efficient solutions and helps businesses reduce their energy consumption through the use of energy-saving tools and technologies. The company also offers services for monitoring and controlling energy consumption and costs. The trading division focuses on trading electricity and gas in Europe. Fortum Oyj has several trading platforms and its own trading offices from which they sell energy to companies and end customers in wholesale and retail. The division also has an extensive online trading and billing system that allows customers to efficiently manage their energy costs. The power grid and heat and cooling divisions aim to develop and operate energy infrastructure. The power grid division operates and maintains transmission and distribution networks in several countries and works closely with energy companies and regulatory authorities to ensure a stable and reliable energy supply. The heat and cooling division offers district heating and cooling systems and develops more efficient heating and cooling systems to reduce energy consumption and associated emissions. The recycling and waste management division specializes in waste recycling and the production of renewable fuels from biomass. The company has several recycling plants and works together with local communities and waste management companies to convert waste into meaningful raw materials. Overall, Fortum Oyj offers a wide range of products and services aimed at creating a more sustainable and efficient energy supply. The company aims to be a leader in the development and implementation of sustainable energy solutions and offers innovative technologies and services to address the global energy crisis. Fortum Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Fortum Oyj's Market Capitalization

Fortum Oyj's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Fortum Oyj's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Fortum Oyj's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Fortum Oyj’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Fortum Oyj stock

What is the current Fortum Oyj market capitalization?

The current market capitalization of Fortum Oyj is 12.76 B EUR.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Fortum Oyj.

How has the market capitalization of Fortum Oyj developed in recent years?

The market capitalization of Fortum Oyj has increased/decreased by 26.11% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Fortum Oyj?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Fortum Oyj?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Fortum Oyj have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Fortum Oyj pay?

Over the past 12 months, Fortum Oyj paid a dividend of 0.91 EUR . This corresponds to a dividend yield of about 6.4 %. For the coming 12 months, Fortum Oyj is expected to pay a dividend of 0.92 EUR.

What is the dividend yield of Fortum Oyj?

The current dividend yield of Fortum Oyj is 6.4 %.

When does Fortum Oyj pay dividends?

Fortum Oyj pays a quarterly dividend. This is distributed in the months of May, October, April, November.

How secure is the dividend of Fortum Oyj?

Fortum Oyj paid dividends every year for the past 26 years.

What is the dividend of Fortum Oyj?

For the upcoming 12 months, dividends amounting to 0.92 EUR are expected. This corresponds to a dividend yield of 6.47 %.

In which sector is Fortum Oyj located?

Fortum Oyj is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Fortum Oyj kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Fortum Oyj from 10/9/2024 amounting to 0.57 EUR, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Fortum Oyj pay the last dividend?

The last dividend was paid out on 10/9/2024.

What was the dividend of Fortum Oyj in the year 2023?

In the year 2023, Fortum Oyj distributed 1.14 EUR as dividends.

In which currency does Fortum Oyj pay out the dividend?

The dividends of Fortum Oyj are distributed in EUR.

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Andere Kennzahlen von Fortum Oyj

Our stock analysis for Fortum Oyj Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortum Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.