Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 02
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Finnish (OMX) Utilities Sector Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies1
- 7D3.5%
- 3M-3.3%
- 1Y11.1%
- YTD6.8%
Over the last 7 days, the Utilities industry has risen 3.2%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are forecast to decline by 12% per annum.
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, 19 Nov 2024 | €12.7b | €6.2b | €1.2b | 10.3x | 10.3x | 2x |
| Thu, 17 Oct 2024 | €13.1b | €6.3b | €1.3b | 10.2x | 10.2x | 2.1x |
| Sat, 14 Sep 2024 | €12.7b | €6.3b | €1.3b | 9.8x | 9.8x | 2x |
| Mon, 12 Aug 2024 | €12.6b | €6.5b | €1.4b | 8.7x | 8.7x | 2x |
| Wed, 10 Jul 2024 | €12.3b | €6.5b | €1.4b | 8.5x | 8.5x | 1.9x |
| Fri, 07 Jun 2024 | €12.5b | €6.5b | €1.4b | 8.7x | 8.7x | 1.9x |
| Sun, 05 May 2024 | €11.6b | €6.5b | €1.4b | 8x | 8x | 1.8x |
| Tue, 02 Apr 2024 | €10.3b | €6.7b | €1.5b | 6.8x | 6.8x | 1.5x |
| Thu, 29 Feb 2024 | €10.4b | €6.7b | €1.5b | 6.9x | 6.9x | 1.5x |
| Sat, 27 Jan 2024 | €11.2b | €8.3b | €467.0m | 23.9x | 23.9x | 1.3x |
| Mon, 25 Dec 2023 | €11.8b | €8.3b | €467.0m | 25.2x | 25.2x | 1.4x |
| Wed, 22 Nov 2023 | €11.2b | €8.3b | €467.0m | 23.9x | 23.9x | 1.3x |
| Fri, 20 Oct 2023 | €9.9b | €9.0b | -€1,285,000,000.00 | n/a | -7.7x | 1.1x |
| Sun, 17 Sep 2023 | €11.4b | €9.0b | -€1,285,000,000.00 | n/a | -8.9x | 1.3x |
| Tue, 15 Aug 2023 | €10.5b | €9.0b | -€1,285,000,000.00 | n/a | -8.2x | 1.2x |
| Thu, 13 Jul 2023 | €10.5b | €9.2b | €1.6b | 6.6x | 6.6x | 1.1x |
| Sat, 10 Jun 2023 | €11.1b | €9.2b | €1.6b | 7x | 7x | 1.2x |
| Mon, 08 May 2023 | €12.2b | €8.8b | €1.0b | 12x | 12x | 1.4x |
| Wed, 05 Apr 2023 | €13.0b | €8.8b | €1.0b | 12.9x | 12.9x | 1.5x |
| Fri, 03 Mar 2023 | €13.1b | €114.2b | -€1,211,000,000.00 | n/a | -10.8x | 0.1x |
| Sun, 29 Jan 2023 | €12.3b | €114.2b | -€1,211,000,000.00 | n/a | -10.2x | 0.1x |
| Tue, 27 Dec 2022 | €14.2b | €114.2b | -€1,211,000,000.00 | n/a | -11.8x | 0.1x |
| Thu, 24 Nov 2022 | €13.0b | €114.2b | -€1,211,000,000.00 | n/a | -10.8x | 0.1x |
| Wed, 17 Aug 2022 | €10.7b | €134.5b | -€2,575,000,000.00 | n/a | -4.2x | 0.08x |
| Fri, 15 Jul 2022 | €10.1b | €134.5b | -€2,575,000,000.00 | n/a | -3.9x | 0.08x |
| Sun, 12 Jun 2022 | €14.6b | €134.5b | -€2,575,000,000.00 | n/a | -5.7x | 0.1x |
| Tue, 10 May 2022 | €13.3b | €112.4b | €739.0m | 18x | 18x | 0.1x |
| Thu, 07 Apr 2022 | €14.1b | €112.4b | €739.0m | 19.1x | 19.1x | 0.1x |
| Sat, 05 Mar 2022 | €13.6b | €124.8b | €739.0m | 18.3x | 18.3x | 0.1x |
| Mon, 31 Jan 2022 | €21.4b | €83.6b | €277.0m | 77.4x | 77.4x | 0.3x |
| Wed, 29 Dec 2021 | €24.1b | €83.6b | €277.0m | 87.1x | 87.1x | 0.3x |
| Fri, 26 Nov 2021 | €23.0b | €83.6b | €277.0m | 83x | 83x | 0.3x |
Price to Earnings Ratio
83x
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 grown 64% per year over the last three years.
- Meanwhile revenues for these companies have declined 58% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Finnish Utilities sector?
| FI Market | -1.68% | |
| Utilities | 3.48% | |
| Electric Utilities | 3.48% | |
| 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 12.1x.
- Analysts are expecting annual earnings decline of 12.0%, which is less than its past year's earnings decline of 19.9%.
- Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 12.1x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 12% 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 20% per year.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 12% 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 | €14.11 | 3.5% +€426.2m | 11.1% | PE10.3x |