What is the price-to-earnings ratio of Fortum Oyj?
The price-earnings ratio of Fortum Oyj is currently 12.07.
Fortum Oyj P/E 2024
Fortum Oyj P/E
12.07
Ticker
FORTUM.HE
ISIN
FI0009007132
WKN
916660
As of Sep 10, 2024, Fortum Oyj's P/E ratio was 12.07, a -331.67% change from the -5.21 P/E ratio recorded in the previous year.
The Fortum Oyj P/E history
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.P/E Details
Deciphering Fortum Oyj's P/E Ratio
The Price to Earnings (P/E) Ratio of Fortum Oyj is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Fortum Oyj's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Fortum Oyj is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Fortum Oyj’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Fortum Oyj stock
How has the price-earnings ratio of Fortum Oyj changed compared to last year?
The price-to-earnings ratio of Fortum Oyj has increased by -331.67% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Fortum Oyj high compared to other companies?
Yes, the price-to-earnings ratio of Fortum Oyj is high compared to other companies.
How does an increase in the price-earnings ratio of Fortum Oyj affect the company?
An increase in the price-earnings ratio of Fortum Oyj would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Fortum Oyj affect the company?
A decrease in the price-earnings ratio of Fortum Oyj would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Fortum Oyj?
Some factors that influence the price-earnings ratio of Fortum Oyj are the company's growth, financial position, industry development, and the overall economic situation.
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.