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Fortum OyjFOJCF 63 Equity-to-Asset is 0.54 as of Jun. 2026, which is 8% above its 10-year median of 0.50. GuruFocus rates FOJCF with a GF Score™ of 63/100 and a GF Value™ of $14.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 458 Utilities - Independent Power Producers companies, Fortum Oyj ranks better than 65.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortum Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $9,381 Mil. Fortum Oyj's Total Assets for the quarter that ended in Jun. 2026 was $17,387 Mil.
Therefore, Fortum Oyj's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.54.
The historical rank and industry rank for Fortum Oyj's Equity-to-Asset or its related term are showing as below:
FOJCF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.5 Max: 0.63
Current: 0.54
During the past 13 years, the highest Equity to Asset Ratio of Fortum Oyj was 0.63. The lowest was 0.01. And the median was 0.50.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Fortum Oyj Equity-to-Asset Related Terms
Fortum Oyj Equity-to-Asset Historical Data
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The historical data trend for Fortum Oyj's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Fortum Oyj's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.54 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fortum Oyj and its competitors. This is near median its historical median of 0.50. Over the past decade, Fortum Oyj's Equity-to-Asset has ranged from 0.01 to 0.63. According to the industry distribution chart, Fortum Oyj ranks #156 out of 458 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.1%.
Is Fortum Oyj's Equity-to-Asset too high?
Fortum Oyj's current Equity-to-Asset of 0.54 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.63. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Fortum Oyj's value of 0.54 is 31.7% above this industry median. Based on the distribution chart, Fortum Oyj ranks #156 out of 458 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #156 out of 458 companies for Equity-to-Asset. This puts Fortum Oyj in the upper half of its industry. The industry median Equity-to-Asset is 0.41. Fortum Oyj's value of 0.54 is 31.7% above this benchmark. Historically, Fortum Oyj's own Equity-to-Asset has ranged from 0.01 to 0.63 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.41, 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 Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortum Oyj's current Equity-to-Asset of 0.54 is 31.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fortum Oyj and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current Equity-to-Asset is 0.54, which is near median its own 10-year median of 0.50. 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 $14.05, compared to a current price of $22.52 — trading 60.3% above its estimated fair value. The current Equity-to-Asset is 0.54, which is near median its 10-year median of 0.50 and 31.7% above the Utilities - Independent Power Producers industry median of 0.41. Fortum Oyj's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Fortum Oyj (FOJCF), the current Equity-to-Asset is 0.54 as of Jun. 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 $22.52 is trading 60.3% above its estimated GF Value™ of $14.05.
GuruFocus considers Fortum Oyj to be Significantly Overvalued.
Key valuation signals for FOJCF:
Equity-to-Asset: 0.54 (near median its 10-year median of 0.50)
GF Value™: $14.05 vs. price of $22.52 (60.3% above fair value)
Industry Position: 31.7% above the Utilities - Independent Power Producers median (#156 of 458)
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.
63GF Score
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