Fortum Oyj

HLSE:FORTUM Stock Report

Market Cap: €11.8b

Fortum Oyj Management

Management criteria checks 3/4

Fortum Oyj's CEO is Markus Rauramo, appointed in Jul 2020, has a tenure of 4.42 years. total yearly compensation is €3.06M, comprised of 52.6% salary and 47.4% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth €1.52M. The average tenure of the management team and the board of directors is 3.8 years and 1.7 years respectively.

Key information

Markus Rauramo

Chief executive officer

€3.1m

Total compensation

CEO salary percentage52.6%
CEO tenure4.4yrs
CEO ownership0.01%
Management average tenure3.8yrs
Board average tenure1.7yrs

Recent management updates

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

Mar 19
We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package

Recent updates

Fortum Oyj's (HEL:FORTUM) Price Is Right But Growth Is Lacking

Dec 10
Fortum Oyj's (HEL:FORTUM) Price Is Right But Growth Is Lacking

Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 02
Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate

Oct 14
Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate

Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Aug 05
Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57

Jul 22
Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57

Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market

Jul 21
Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market

Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Jun 28
Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

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

Jun 09
Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate

May 22
Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate

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

Apr 25
Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57

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

Mar 28
Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

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

Mar 19
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?

Mar 05
Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

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

Feb 14
Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit

CEO Compensation Analysis

How has Markus Rauramo's remuneration changed compared to Fortum Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€1b

Jun 30 2024n/an/a

€1b

Mar 31 2024n/an/a

€1b

Dec 31 2023€3m€2m

€2b

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

-€217m

Mar 31 2023n/an/a

€2b

Dec 31 2022€3m€2m

€2b

Sep 30 2022n/an/a

€2b

Jun 30 2022n/an/a

€7b

Mar 31 2022n/an/a

€4b

Dec 31 2021€4m€2m

€4b

Sep 30 2021n/an/a

€4b

Jun 30 2021n/an/a

€1b

Mar 31 2021n/an/a

€2b

Dec 31 2020€2m€808k

€2b

Compensation vs Market: Markus's total compensation ($USD3.20M) is about average for companies of similar size in the Finnish market ($USD3.27M).

Compensation vs Earnings: Markus's compensation has been consistent with company performance over the past year.

CEO

Markus Rauramo (56 yo)

4.4yrs

Tenure

€3,064,000

Compensation

Mr. Markus Heikki Erdem Rauramo, M. Sc. (Econ. and Pol.Hist.), served as the Chairman of Supervisory Board at Uniper SE since March 29, 2021. He has been Independent Director of Sampo Oyj since May 19, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Markus Rauramo
President & CEO4.4yrs€3.06m0.013%
€ 1.5m
Tiina Tuomela
Chief Financial Officer1.8yrsno data0.0045%
€ 534.9k
Ensio Väisänen
Head of Corporate Financial Services Unit17.5yrsno datano data
Ingela Ulfves
Vice President of Investor Relations & Financial Communicationsno datano datano data
Nora Steiner-Forsberg
Executive VP of Legal3.6yrsno data0.00023%
€ 27.1k
Heli Kurki
Head of Publicity & Communicationsno datano datano data
Eveliina Dahl
Executive Vice President of People & Procurement3.6yrsno data0.00038%
€ 44.8k
Alexander Chuvaev
Head of the Russia Division15.2yrsno datano data
Mikael Rönnblad
Executive Vice President of Consumer Solutions7.6yrsno data0.0023%
€ 273.3k
Bernhard Gunther
Chief Transformation Officerno datano data0.00016%
€ 18.8k
Simon-Erik Ollus
Executive VP of Corporate Customers & Markets3.8yrsno data0.00085%
€ 100.1k
Nebahat Albayrak
Executive Vice President of Sustainability & Corporate Relations3.4yrsno data0.00040%
€ 47.1k

3.8yrs

Average Tenure

56yo

Average Age

Experienced Management: FORTUM's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Teppo Paavola
Independent Director4.7yrs€78.00k0.00098%
€ 115.5k
Vesa-Pekka Takala
Independent Director1.7yrs€67.00k0.00034%
€ 40.1k
Mikael Silvennoinen
Independent Chair1.7yrs€125.00k0.0011%
€ 124.9k
Jonas Gustavsson
Independent Director1.7yrs€69.00k0.00034%
€ 40.1k
Ralf Christian
Independent Director2.8yrs€87.00k0.00045%
€ 53.0k
Essimari Kairisto
Independent Deputy Chair6.8yrs€107.00k0.00060%
€ 70.7k
Luisa de Andrade Delgado
Independent Director3.7yrs€73.00k0.00045%
€ 53.0k
Marita Niemela
Independent Director1.7yrs€59.00k0.00034%
€ 40.1k
Johan Soderstrom
Independent Director1.7yrs€57.00k0.00034%
€ 40.1k

1.7yrs

Average Tenure

58yo

Average Age

Experienced Board: FORTUM's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fortum Oyj is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Juan RodriguezAlphaValue
Peter CramptonBarclays