Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Fortum Oyj's share price for the quarter that ended in Mar. 2024 was €11.445. Fortum Oyj's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 897 Mil. Therefore, Fortum Oyj's market cap for the quarter that ended in Mar. 2024 was €10,269 Mil.
Fortum Oyj's quarterly market cap
increased
from Sep. 2023 (€9,735 Mil) to Dec. 2023 (€11,839 Mil) but then
declined
from Dec. 2023 (€11,839 Mil) to Mar. 2024 (€10,269 Mil).
Fortum Oyj's annual market cap
declined
from Dec. 2021 (€24,011 Mil) to Dec. 2022 (€14,154 Mil) and
declined
from Dec. 2022 (€14,154 Mil) to Dec. 2023 (€11,839 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Fortum Oyj's Enterprise Value for Today is €13,526 Mil.
Fortum Oyj Market Cap Historical Data
The historical data trend for Fortum Oyj's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Market Cap distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Market Cap falls into.
Fortum Oyj Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Fortum Oyj's Market Cap for the fiscal year that ended in Dec. 2023 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 (FRA:FOT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Fortum Oyj Market Cap Related Terms
Thank you for viewing the detailed overview of Fortum Oyj's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:FOT has been successfully added to your 