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Fortum OyjFOJCF -0.70%69 EV-to-EBITDA is 13.17 as of Jul. 26, 2026, which is 50% above its 10-year median of 8.77. GuruFocus rates FOJCF with a GF Score™ of 69/100 and a GF Value™ of $14.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Fortum Oyj ranks worse than 55.99% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fortum Oyj's enterprise value is $23,026 Mil.
Fortum Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,749 Mil. Therefore, Fortum Oyj's EV-to-EBITDA for today is 13.17.
The historical rank and industry rank for Fortum Oyj's EV-to-EBITDA or its related term are showing as below:
FOJCF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.66 Med: 8.77 Max: 63.91
Current: 13.45
During the past 13 years, the highest EV-to-EBITDA of Fortum Oyj was 63.91. The lowest was 3.66. And the median was 8.77.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Fortum Oyj (OTCPK:FOJCF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Fortum Oyj's share price for today is $22.4675.
Fortum Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.067.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Fortum Oyj's EV-to-EBITDA 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 EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's EV-to-EBITDA falls into.
Fortum Oyj's current Enterprise Value is $23,026 Mil.
Fortum Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,749 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 (FOJCF) has a EV-to-EBITDA of 13.17 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fortum Oyj. This is 50% above median its historical median of 8.77. Over the past decade, Fortum Oyj's EV-to-EBITDA has ranged from 3.66 to 63.91. According to the industry distribution chart, Fortum Oyj ranks #201 out of 359 companies in the Utilities - Independent Power Producers industry, placing it in the top 56%.
Is Fortum Oyj's EV-to-EBITDA too high?
Fortum Oyj's current EV-to-EBITDA of 13.17 is 50% above median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 63.91. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.55. Fortum Oyj's value of 13.17 is 14% above this industry median. Based on the distribution chart, Fortum Oyj ranks #201 out of 359 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #201 out of 359 companies for EV-to-EBITDA. This places Fortum Oyj in the lower half of its industry. The industry median EV-to-EBITDA is 11.55. Fortum Oyj's value of 13.17 is 14% above this benchmark. Historically, Fortum Oyj's own EV-to-EBITDA has ranged from 3.66 to 63.91 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 11.55, 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 EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.55, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortum Oyj's current EV-to-EBITDA of 13.17 is 14% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fortum Oyj. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current EV-to-EBITDA is 13.17, which is 50% above median its own 10-year median of 8.77. 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 $14.18, compared to a current price of $22.47 — trading 58.4% above its estimated fair value. The current EV-to-EBITDA is 13.17, which is 50% above median its 10-year median of 8.77 and 14% above the Utilities - Independent Power Producers industry median of 11.55. Fortum Oyj's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Fortum Oyj (FOJCF), the current EV-to-EBITDA is 13.17 as of Jul. 26, 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 $22.47 is trading 58.4% above its estimated GF Value™ of $14.18.
GuruFocus considers Fortum Oyj to be Significantly Overvalued.
Key valuation signals for FOJCF:
EV-to-EBITDA: 13.17 (50% above median its 10-year median of 8.77)
GF Value™: $14.18 vs. price of $22.47 (58.4% above fair value)
Industry Position: 14% above the Utilities - Independent Power Producers median (#201 of 359)
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.
69GF Score
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