Fortum OyjFOJCF 65 Current Ratio is 2.08 as of Mar. 2026, which is 15% above its 10-year median of 1.81. GuruFocus rates FOJCF with a GF Score™ of 65/100 and a GF Value™ of $13.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, Fortum Oyj ranks better than 70.11% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Fortum Oyj's current ratio for the quarter that ended in Mar. 2026 was 2.08.
Fortum Oyj has a current ratio of 2.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Fortum Oyj's Current Ratio or its related term are showing as below:
FOJCF'
s Current Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.81 Max: 5.08
Current: 2.08
During the past 13 years, Fortum Oyj's highest Current Ratio was 5.08. The lowest was 0.90. And the median was 1.81.
Fortum Oyj (OTCPK:FOJCF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Fortum Oyj Current Ratio Related Terms
Fortum Oyj Current Ratio Historical Data
* Premium members only.
The historical data trend for Fortum Oyj's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Fortum Oyj's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortum Oyj Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Current Ratio distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortum Oyj (FOJCF) has a Current Ratio of 2.08 as of Mar. 2026. This is 15% above median its historical median of 1.81. Over the past decade, Fortum Oyj's Current Ratio has ranged from 0.90 to 5.08. According to the industry distribution chart, Fortum Oyj ranks #133 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.9%.
Is Fortum Oyj's Current Ratio too high?
Fortum Oyj's current Current Ratio of 2.08 is 15% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 5.08. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Fortum Oyj's value of 2.08 is 52.9% above this industry median. Based on the distribution chart, Fortum Oyj ranks #133 out of 445 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #133 out of 445 companies for Current Ratio. This puts Fortum Oyj in the upper half of its industry. The industry median Current Ratio is 1.36. Fortum Oyj's value of 2.08 is 52.9% above this benchmark. Historically, Fortum Oyj's own Current Ratio has ranged from 0.90 to 5.08 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.36, Fortum Oyj has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortum Oyj's current Current Ratio of 2.08 is 52.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current Current Ratio is 2.08, which is 15% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortum Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fortum Oyj (FOJCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.87, compared to a current price of $22.00 — trading 58.6% above its estimated fair value. The current Current Ratio is 2.08, which is 15% above median its 10-year median of 1.81 and 52.9% above the Utilities - Independent Power Producers industry median of 1.36. Fortum Oyj's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Fortum Oyj (FOJCF), the current Current Ratio is 2.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortum Oyj (FOJCF) Overvalued in 2026?
Based on GuruFocus' analysis, Fortum Oyj stock appears to be overvalued.
The current stock price of $22.00 is trading 58.6% above its estimated GF Value™ of $13.87.
GuruFocus considers Fortum Oyj to be Significantly Overvalued.
Key valuation signals for FOJCF:
Current Ratio: 2.08 (15% above median its 10-year median of 1.81)
GF Value™: $13.87 vs. price of $22.00 (58.6% above fair value)
Industry Position: 52.9% above the Utilities - Independent Power Producers median (#133 of 445)
No single metric tells the full story. See the FOJCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.
65GF Score
Get the complete analysis for FOJCF
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FOJCF has been successfully added to your 
