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Alternative stocks to Fortum (HLSE:FORTUM)


These are the alternatives to Fortum that fall within the same industry, Electric Utilities, or region, Finland.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

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See Fortum Performance

Fortum stock research in summary

fortum.fi


Fortum shares are less expensive than other comparable stocks. They are safely financed and are good value, but show below average growth. We recommend evaluating whether the future of the company Fortum is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country Finland
Industry Electric Utilities
Index
Size class X-Large

Large companies - similar industry as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Iberdrola (XXL, ES)  Electric Utilities
1. Iberdrola (XXL, ES)   Electric Utilities 62 87 53 92
2. Tauron Polska Energia (XL, PL)  Electric Utilities
2. Tauron Polska Energia (XL, PL)   Electric Utilities 90 31 21 87
3. BKW (XL, CH)  Electric Utilities
3. BKW (XL, CH)   Electric Utilities 38 61 96 83
4. Public Power (XL, GR)  Electric Utilities
4. Public Power (XL, GR)   Electric Utilities 87 25 79 81
5. Enel (XXL, IT)  Electric Utilities
5. Enel (XXL, IT)   Electric Utilities 82 77 19 74
6. CEZ (XL, CZ)  Electric Utilities
6. CEZ (XL, CZ)   Electric Utilities 46 41 90 70
7. Endesa (XXL, ES)  Electric Utilities
7. Endesa (XXL, ES)   Electric Utilities 40 79 51 61
8. Verbund (XL, AT)  Electric Utilities
8. Verbund (XL, AT)   Electric Utilities 35 25 94 53
9. PGE Polska Grupa Energetyczna (XXL, PL)  Electric Utilities
9. PGE Polska Grupa Energetyczna (XXL, PL)   Electric Utilities 88 1 64 50
10. SSE (XL, GB)  Electric Utilities
10. SSE (XL, GB)   Electric Utilities 47 69 29 47

April 18, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Outokumpu (XL, FI)  Steel
1. Outokumpu (XL, FI)   Steel 90 90 68 96
2. UPM (XL, FI)  Paper Products
2. UPM (XL, FI)   Paper Products 59 84 74 92
3. Wartsila (XL, FI)  Industrial Machinery
3. Wartsila (XL, FI)   Industrial Machinery 32 94 52 80
4. Nokia (XXL, FI)  Communications Equipment
4. Nokia (XXL, FI)   Communications Equipment 99 12 67 65
5. Metso Outotec (XL, FI)  Heavy Machinery
5. Metso Outotec (XL, FI)   Heavy Machinery 41 59 54 63
6. Tieto (XL, FI)  IT Consulting & oth. Services
6. Tieto (XL, FI)   IT Consulting & oth. Services 94 11 36 41
7. Cargotec (XL, FI)  Industrial Machinery
7. Cargotec (XL, FI)   Industrial Machinery 54 20 66 37
8. Kesko (XXL, FI)  Food Retail
8. Kesko (XXL, FI)   Food Retail 53 17 57 32
9. Valmet (XL, FI)  Industrial Machinery
9. Valmet (XL, FI)   Industrial Machinery 68 8 48 28
10. Sampo (XXL, FI)  Multi-line Insurance
10. Sampo (XXL, FI)   Multi-line Insurance 5 8 87 26

April 18, 2024


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Mid sized companies - similar industry as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Romande Energie (M, CH)  Electric Utilities
1. Romande Energie (M, CH)   Electric Utilities 42 91 100 98
2. Fjordkraft Holding (L, NO)  Electric Utilities
2. Fjordkraft Holding (L, NO)   Electric Utilities 64 75 83 96
3. Telecom Plus (L, GB)  Multi-Utilities
3. Telecom Plus (L, GB)   Multi-Utilities 26 53 90 68
4. Neoen (M, FR)  Renewable Electricity
4. Neoen (M, FR)   Renewable Electricity 10 100 50 67
5. ERG (L, IT)  Power Producers & Traders
5. ERG (L, IT)   Power Producers & Traders 17 87 68 64
6. Italgas (L, IT)  Gas Utilities
6. Italgas (L, IT)   Gas Utilities 76 43 36 61
7. Enagas (L, ES)  Gas Utilities
7. Enagas (L, ES)   Gas Utilities 78 9 52 51
8. Red Electricaoraci (L, ES)  Electric Utilities
8. Red Electricaoraci (L, ES)   Electric Utilities 26 51 73 50
9. Terna (L, IT)  Electric Utilities
9. Terna (L, IT)   Electric Utilities 20 95 53 48
10. United Utilities (L, GB)  Water Utilities
10. United Utilities (L, GB)   Water Utilities 22 89 12 37

April 18, 2024


Mid sized companies - similar region as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. 2G energy (M, DE)  Heavy Electrical Equipment
1. 2G energy (M, DE)   Heavy Electrical Equipment 57 21 100 100
2. Glenveagh Properties (M, IE)  Homebuilding
2. Glenveagh Properties (M, IE)   Homebuilding 84 99 62 100
3. TF1 (L, FR)  Broadcasting
3. TF1 (L, FR)   Broadcasting 88 69 96 100
4. Samse (L, FR)  Home Improvement Retail
4. Samse (L, FR)   Home Improvement Retail 96 75 96 100
5. Wavestone (M, FR)  IT Consulting & oth. Services
5. Wavestone (M, FR)   IT Consulting & oth. Services 76 95 64 100
6. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (L, HU)  Pharmaceuticals
6. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (L, HU)   Pharmaceuticals 94 76 84 100
7. DWS (L, DE)  Asset Management & Custody
7. DWS (L, DE)   Asset Management & Custody 91 94 91 100
8. Leifheit (M, DE)  Housewares & Specialties
8. Leifheit (M, DE)   Housewares & Specialties 95 79 85 100
9. MBB-AG (M, DE)  Industrial Conglomerates
9. MBB-AG (M, DE)   Industrial Conglomerates 53 94 98 100
10. Scout24 (M, DE)  Interactive Media & Services
10. Scout24 (M, DE)   Interactive Media & Services 55 83 65 100

April 18, 2024



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