As of 2025-08-23, the Relative Valuation of Fortum Oyj (FORTUM.HE) is 18.51 EUR. This relative valuation is based on P/E multiples. With the latest stock price at 15.22 EUR, the upside of Fortum Oyj based on Relative Valuation is 21.7%.
The range of the Relative Valuation is 13.67 - 26.06 EUR.
| Range | Selected | |
| Trailing P/E multiples | 14.8x - 22.1x | 18.8x |
| Forward P/E multiples | 12.8x - 14.0x | 13.8x |
| Fair Price | 13.67 - 26.06 | 18.51 |
| Upside | -10.1% - 71.3% | 21.7% |
| Date | P/E |
| 2025-08-21 | 12.93 |
| 2025-08-20 | 12.86 |
| 2025-08-19 | 12.75 |
| 2025-08-18 | 12.85 |
| 2025-08-15 | 12.90 |
| 2025-08-14 | 13.26 |
| 2025-08-13 | 13.35 |
| 2025-08-12 | 13.39 |
| 2025-08-11 | 13.34 |
| 2025-08-08 | 13.49 |
| 2025-08-07 | 13.52 |
| 2025-08-06 | 13.85 |
| 2025-08-05 | 13.74 |
| 2025-08-04 | 13.68 |
| 2025-08-01 | 13.59 |
| 2025-07-31 | 13.67 |
| 2025-07-30 | 13.66 |
| 2025-07-29 | 13.27 |
| 2025-07-28 | 14.12 |
| 2025-07-25 | 14.27 |
| 2025-07-24 | 14.19 |
| 2025-07-23 | 13.79 |
| 2025-07-22 | 13.75 |
| 2025-07-21 | 13.54 |
| 2025-07-18 | 13.35 |
| 2025-07-17 | 13.30 |
| 2025-07-16 | 13.26 |
| 2025-07-15 | 13.31 |
| 2025-07-14 | 13.37 |
| 2025-07-11 | 13.20 |
| 2025-07-10 | 13.14 |
| 2025-07-09 | 13.14 |
| 2025-07-08 | 13.13 |
| 2025-07-07 | 13.29 |
| 2025-07-04 | 13.29 |
| 2025-07-03 | 13.31 |
| 2025-07-02 | 13.33 |
| 2025-07-01 | 13.35 |
| 2025-06-30 | 13.50 |
| 2025-06-27 | 13.47 |
| 2025-06-26 | 13.30 |
| 2025-06-25 | 13.27 |
| 2025-06-24 | 13.36 |
| 2025-06-23 | 13.74 |
| 2025-06-19 | 13.56 |
| 2025-06-18 | 13.42 |
| 2025-06-17 | 13.48 |
| 2025-06-16 | 13.74 |
| 2025-06-13 | 13.60 |
| 2025-06-12 | 13.68 |