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Fortum Oyj (OHEL:FORTUM) EV-to-EBIT : 7.10 (As of May. 01, 2024)


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What is Fortum Oyj EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortum Oyj's Enterprise Value is €12,086 Mil. Fortum Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €1,703 Mil. Therefore, Fortum Oyj's EV-to-EBIT for today is 7.10.

The historical rank and industry rank for Fortum Oyj's EV-to-EBIT or its related term are showing as below:

OHEL:FORTUM' s EV-to-EBIT Range Over the Past 10 Years
Min: -155.17   Med: 12.67   Max: 23.1
Current: 6.39

During the past 13 years, the highest EV-to-EBIT of Fortum Oyj was 23.10. The lowest was -155.17. And the median was 12.67.

OHEL:FORTUM's EV-to-EBIT is ranked better than
83.78% of 333 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.61 vs OHEL:FORTUM: 6.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortum Oyj's Enterprise Value for the quarter that ended in Mar. 2024 was €0 Mil. Fortum Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €1,703 Mil. Fortum Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.


Fortum Oyj EV-to-EBIT Historical Data

The historical data trend for Fortum Oyj's EV-to-EBIT 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.

* Premium members only.

Fortum Oyj EV-to-EBIT Chart

Fortum Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.20 11.80 7.77 9.74 7.31

Fortum Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.78 7.26 10.04 7.31 -

Competitive Comparison of Fortum Oyj's EV-to-EBIT

For the Utilities - Renewable subindustry, Fortum Oyj's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fortum Oyj's EV-to-EBIT falls into.



Fortum Oyj EV-to-EBIT Calculation

Fortum Oyj's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12086.134/1703
=7.10

Fortum Oyj's current Enterprise Value is €12,086 Mil.
Fortum Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,703 Mil.

* 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  (OHEL:FORTUM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Fortum Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=1703/0
= %

Fortum Oyj's Enterprise Value for the quarter that ended in Mar. 2024 was €0 Mil.
Fortum Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,703 Mil.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Fortum Oyj's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortum Oyj (OHEL:FORTUM) Business Description

Address
Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, FI-00048
Fortum Oyj is a Finnish energy company that operates power plants, which 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, City Solutions, Consumer Solutions, Russia, and Other.

Fortum Oyj (OHEL:FORTUM) Headlines

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