As of 2025-07-04, the Intrinsic Value of Fortum Oyj (FORTUM.HE) is 21.30 EUR. This FORTUM.HE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 15.67 EUR, the upside of Fortum Oyj is 35.90%.
The range of the Intrinsic Value is 17.39 - 27.72 EUR
Based on its market price of 15.67 EUR and our intrinsic valuation, Fortum Oyj (FORTUM.HE) is undervalued by 35.90%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 17.39 - 27.72 | 21.30 | 35.9% |
| DCF (Growth 10y) | 18.99 - 29.35 | 22.93 | 46.3% |
| DCF (EBITDA 5y) | 8.76 - 16.09 | 12.21 | -22.1% |
| DCF (EBITDA 10y) | 12.03 - 19.24 | 15.32 | -2.2% |
| Fair Value | 5.88 - 5.88 | 5.88 | -62.45% |
| P/E | 13.65 - 21.89 | 17.62 | 12.5% |
| EV/EBITDA | 4.23 - 11.49 | 8.88 | -43.3% |
| EPV | 24.06 - 31.33 | 27.70 | 76.7% |
| DDM - Stable | 10.32 - 21.85 | 16.09 | 2.7% |
| DDM - Multi | 13.49 - 21.14 | 16.39 | 4.6% |
| Market Cap (mil) | 14,060.06 |
| Beta | 1.13 |
| Outstanding shares (mil) | 897.26 |
| Enterprise Value (mil) | 14,612.06 |
| Market risk premium | 5.68% |
| Cost of Equity | 7.41% |
| Cost of Debt | 4.25% |
| WACC | 6.44% |