Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Mar 28
Finnish (OMX) Utilities Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies1
- 7D2.6%
- 3M-0.5%
- 1Y-9.8%
- YTD-7.3%
In the last week, the Utilities industry is up 2.4%, with all of the companies up. In contrast, the industry has lost 17% in the last 12 months. In the next few years, earnings are forecast to decline by 16% annually.
Sector Valuation and Performance
Has the Finnish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | €11.0b | €6.7b | €1.5b | 7.3x | 7.3x | 1.6x |
| Thu, 21 Mar 2024 | €10.6b | €6.7b | €1.5b | 7x | 7x | 1.6x |
| Sat, 17 Feb 2024 | €10.0b | €6.7b | €1.5b | 6.6x | 6.6x | 1.5x |
| Mon, 15 Jan 2024 | €12.0b | €8.3b | €467.0m | 25.6x | 25.6x | 1.4x |
| Wed, 13 Dec 2023 | €11.5b | €8.3b | €467.0m | 24.7x | 24.7x | 1.4x |
| Fri, 10 Nov 2023 | €11.0b | €8.3b | €467.0m | 23.5x | 23.5x | 1.3x |
| Sun, 08 Oct 2023 | €9.5b | €9.0b | -€1,285,000,000.00 | n/a | -7.4x | 1.1x |
| Tue, 05 Sep 2023 | €10.9b | €9.0b | -€1,285,000,000.00 | n/a | -8.5x | 1.2x |
| Thu, 03 Aug 2023 | €10.7b | €9.2b | €1.6b | 6.7x | 6.7x | 1.2x |
| Sat, 01 Jul 2023 | €11.0b | €9.2b | €1.6b | 6.9x | 6.9x | 1.2x |
| Mon, 29 May 2023 | €11.2b | €9.2b | €1.6b | 7x | 7x | 1.2x |
| Wed, 26 Apr 2023 | €12.1b | €8.8b | €1.0b | 11.9x | 11.9x | 1.4x |
| Fri, 24 Mar 2023 | €12.2b | €8.8b | €1.0b | 12x | 12x | 1.4x |
| Sun, 19 Feb 2023 | €12.9b | €114.2b | -€1,211,000,000.00 | n/a | -10.7x | 0.1x |
| Tue, 17 Jan 2023 | €12.9b | €114.2b | -€1,211,000,000.00 | n/a | -10.6x | 0.1x |
| Thu, 15 Dec 2022 | €13.6b | €114.2b | -€1,211,000,000.00 | n/a | -11.3x | 0.1x |
| Sat, 12 Nov 2022 | €13.0b | €114.2b | -€1,211,000,000.00 | n/a | -10.8x | 0.1x |
| Fri, 05 Aug 2022 | €9.6b | €134.5b | -€2,575,000,000.00 | n/a | -3.7x | 0.07x |
| Sun, 03 Jul 2022 | €13.4b | €134.5b | -€2,575,000,000.00 | n/a | -5.2x | 0.1x |
| Tue, 31 May 2022 | €15.6b | €134.5b | -€2,575,000,000.00 | n/a | -6.1x | 0.1x |
| Thu, 28 Apr 2022 | €13.6b | €112.4b | €739.0m | 18.4x | 18.4x | 0.1x |
| Sat, 26 Mar 2022 | €14.7b | €112.4b | €739.0m | 19.9x | 19.9x | 0.1x |
| Mon, 21 Feb 2022 | €20.2b | €83.6b | €277.0m | 73x | 73x | 0.2x |
| Wed, 19 Jan 2022 | €23.0b | €83.6b | €277.0m | 83x | 83x | 0.3x |
| Fri, 17 Dec 2021 | €24.5b | €83.6b | €277.0m | 88.3x | 88.5x | 0.3x |
| Sun, 14 Nov 2021 | €22.5b | €90.5b | €245.0m | 91.7x | 91.7x | 0.2x |
| Tue, 12 Oct 2021 | €23.6b | €73.9b | €1.2b | 20.1x | 20.1x | 0.3x |
| Thu, 09 Sep 2021 | €23.5b | €73.9b | €1.2b | 20x | 20x | 0.3x |
| Sat, 07 Aug 2021 | €21.6b | €73.9b | €1.2b | 18.4x | 18.4x | 0.3x |
| Fri, 30 Apr 2021 | €19.4b | €69.2b | €2.0b | 9.8x | 9.8x | 0.3x |
Price to Earnings Ratio
9.8x
Current Industry PE
- There is only one company in the Finnish Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 8.6% per year over the last three years,
- Revenues have also declined 54% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Finnish Utilities sector?
| FI Market | -0.40% | |
| Utilities | 2.55% | |
| Electric Utilities | 2.55% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Renewable Energy | 0% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 13.9x.
- Analysts are expecting annual earnings decline of 15.9%, which is less than its past year's earnings decline of 27.2%.
- Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 13.9x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 16% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 27% per year.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FORTUM Fortum Oyj | €12.25 | 2.6% +€278.2m | -9.7% | PE7.3x |