Fortum Oyj Future Growth

Future criteria checks 0/6

Fortum Oyj's revenue and earnings are forecast to decline at 4.9% and 15.5% per annum respectively. EPS is expected to decline by 15.1% per annum. Return on equity is forecast to be 9.4% in 3 years.

Key information

-15.5%

Earnings growth rate

-15.1%

EPS growth rate

Electric Utilities earnings growth	7.3%
Revenue growth rate	-4.9%
Future return on equity	9.4%
Analyst coverage	Good
Last updated	03 May 2024

Recent future growth updates

Recent updates

Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57

Apr 25

Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Mar 28

We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package

Mar 19

Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Mar 05

Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit

Feb 14

Pinning Down Fortum Oyj's (HEL:FORTUM) P/S Is Difficult Right Now

Dec 19

Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly

Nov 18

Fortum Oyj (HEL:FORTUM) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 03

Is There An Opportunity With Fortum Oyj's (HEL:FORTUM) 43% Undervaluation?

Jul 23

An Intrinsic Calculation For Fortum Oyj (HEL:FORTUM) Suggests It's 26% Undervalued

Mar 29

Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?

Sep 02

Need To Know: Analysts Are Much More Bullish On Fortum Oyj (HEL:FORTUM) Revenues

May 19

Fortum Oyj's (HEL:FORTUM) Intrinsic Value Is Potentially 40% Above Its Share Price

Dec 30

Is Fortum Oyj (HEL:FORTUM) Using Too Much Debt?

Oct 28

Should You Investigate Fortum Oyj (HEL:FORTUM) At €26.74?

Oct 13

Earnings and Revenue Growth Forecasts

HLSE:FORTUM - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,580	786	636	1,253	11
12/31/2025	5,940	870	734	1,392	15
12/31/2024	5,940	1,002	1,027	1,684	13
3/31/2024	6,461	1,445	1,201	1,774	N/A
12/31/2023	6,711	1,514	1,243	1,819	N/A
9/30/2023	7,260	1,535	1,653	2,276	N/A
6/30/2023	7,931	-216	-6,875	-6,273	N/A
3/31/2023	8,100	1,721	-7,160	-6,655	N/A
12/31/2022	7,774	2,080	-9,246	-8,767	N/A
9/30/2022	7,538	2,065	-8,240	-7,798	N/A
6/30/2022	6,943	6,520	2,182	2,597	N/A
3/31/2022	-13,132	3,792	2,346	2,610	N/A
12/31/2021	6,422	3,985	4,500	4,970	N/A
9/30/2021	25,530	3,949	3,408	4,157	N/A
6/30/2021	38,283	1,230	1,690	2,672	N/A
3/31/2021	69,151	1,985	1,540	2,824	N/A
12/31/2020	49,015	1,823	1,454	2,555	N/A
9/30/2020	29,289	1,799	766	1,614	N/A
6/30/2020	16,300	1,804	409	1,086	N/A
3/31/2020	5,114	2,071	731	1,386	N/A
12/31/2019	5,447	1,482	880	1,575	N/A
9/30/2019	5,495	1,318	1,076	1,790	N/A
6/30/2019	5,453	1,191	965	1,661	N/A
3/31/2019	5,414	800	686	1,282	N/A
12/31/2018	5,333	843	225	804	N/A
9/30/2018	5,185	895	480	1,061	N/A
6/30/2018	5,094	1,201	512	1,113	N/A
3/31/2018	4,936	915	374	984	N/A
12/31/2017	4,567	866	N/A	993	N/A
9/30/2017	4,251	766	N/A	849	N/A
6/30/2017	4,064	378	N/A	765	N/A
3/31/2017	3,895	505	N/A	528	N/A
12/31/2016	3,653	496	N/A	621	N/A
9/30/2016	3,478	366	N/A	802	N/A
6/30/2016	3,409	-256	N/A	852	N/A
3/31/2016	3,436	-196	N/A	1,153	N/A
12/31/2015	3,486	-231	N/A	1,381	N/A
9/30/2015	3,674	274	N/A	1,502	N/A
6/30/2015	3,876	985	N/A	1,639	N/A
3/31/2015	3,966	1,064	N/A	1,799	N/A
12/31/2014	4,132	1,081	N/A	1,762	N/A
9/30/2014	4,369	1,020	N/A	1,708	N/A
6/30/2014	4,566	993	N/A	1,821	N/A
3/31/2014	4,894	1,111	N/A	1,647	N/A
12/31/2013	5,345	1,204	N/A	1,548	N/A
9/30/2013	5,773	1,352	N/A	1,549	N/A
6/30/2013	5,876	1,447	N/A	1,259	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FORTUM's earnings are forecast to decline over the next 3 years (-15.5% per year).

Earnings vs Market: FORTUM's earnings are forecast to decline over the next 3 years (-15.5% per year).

High Growth Earnings: FORTUM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FORTUM's revenue is expected to decline over the next 3 years (-4.9% per year).

High Growth Revenue: FORTUM's revenue is forecast to decline over the next 3 years (-4.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FORTUM's Return on Equity is forecast to be low in 3 years time (9.4%).

Fortum Oyj Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 7.1% to €12.84

Consensus EPS estimates increase by 61%

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 14%

Consensus forecasts updated

Consensus forecasts updated

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57

Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Dividend of €0.57 announced

Upcoming dividend of €0.58 per share

We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package

Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Price target decreased by 7.1% to €12.84

Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Fortum Proposes Dividend for the Year 2023, Payable on 5 April 2024 and 9 October 2024 Respectively

Fortum Announces Maija Strandberg Not to Stand for Election to the Board of Directors

Fortum Launches Green Finance Framework

Consensus EPS estimates increase by 61%

Pinning Down Fortum Oyj's (HEL:FORTUM) P/S Is Difficult Right Now

Actis, Edelweiss, Petronas Reportedly Eye Fortum JV's Solar Assets

Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly

Fortum Oyj (HEL:FORTUM) Shares Could Be 31% Below Their Intrinsic Value Estimate

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of €0.45 per share at 7.7% yield

Fortum Oyj Announces Appointment to Shareholders' Nomination Board

Fortum Oyj to Report First Half, 2024 Results on Aug 15, 2024

ONGC, Four Others Reportedly Vie for Fortum Projects

Second quarter 2023 earnings released: EPS: €0.42 (vs €2.60 in 2Q 2022)

Fortum Oyj (HLSE:FORTUM) entered into a business transaction to acquire Slag processing business of GRK Suomi.

Now 22% undervalued after recent price drop

Is There An Opportunity With Fortum Oyj's (HEL:FORTUM) 43% Undervaluation?

Fortum Oyj (HLSE:FORTUM) signed an agreement to acquire 100% stake in Telge Energi AB from Telge (I Södertälje) Ab for SEK 450 million.

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 14%

First quarter 2023 earnings: EPS exceeds analyst expectations

High number of new and inexperienced directors

Now 20% undervalued

Upcoming dividend of €0.46 per share at 6.2% yield

An Intrinsic Calculation For Fortum Oyj (HEL:FORTUM) Suggests It's 26% Undervalued

Insider recently sold €775k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Fortum Oyj to Report Fiscal Year 2022 Results on Mar 02, 2023

Fortum Oyj to Report Nine Months, 2023 Results on Nov 02, 2023

Sistema Reportedly Drops Buying Uniper

High number of new directors

Third quarter 2022 earnings: Revenues exceed analyst expectations

Consensus forecasts updated

Consensus forecasts updated

Price target increased to €16.86

Consensus forecasts updated

Fortum in Final Stages of Negotiating Sale of Uniper Stake to Germany

Price target decreased to €15.01

Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?

Fortum Oyj Announces Resignation of Alexander Chuvaev as Head of its Russia Division

Fortum Still Determined to Exit Russia

Price target decreased to €16.10

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to €19.11

NOVATEK May Consider Buying Russian Assets of Finnish Fortum

Gazprom Ready to Mull over Buying Fortum's Russian Assets

Fortum Reportedly Plans to Sell All Russian Assets

Infracapital Partners III (Euro) SCSp a fund managed by Infracapital agreed to acquire the remaining 30% stake in Fortum Recharge AS from Fortum Oyj (HLSE:FORTUM) for €80 million.

Hafslund Eco AS, Infranode Ab and HitecVision AS (OTCNO:HITV) completed the acquisition of 50% stake in Fortum Oslo Varme AS from Fortum Oyj (HLSE:FORTUM).

Hafslund Eco AS, Infranode Ab and HitecVision AS (OTCNO:HITV) completed the acquisition of 50% stake in Fortum Oslo Varme AS from Fortum Oyj (HLSE:FORTUM).

Need To Know: Analysts Are Much More Bullish On Fortum Oyj (HEL:FORTUM) Revenues

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

When Should You Buy Fortum Oyj (HEL:FORTUM)?

Fortum to Record Pre-Tax Impairments of Approximately Eur 2.1 Billion Related to Its Russian Operations

High number of new directors

High number of new directors

Fortum Oyj Announces Board Committees 2022

Upcoming dividend of €1.14 per share