More stocks to consider
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 have a market-typical stock price level. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Fortum is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


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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. PGE Polska Grupa Energetyczna (XXL, PL)  Electric Utilities
1. PGE Polska Grupa Energetyczna (XXL, PL)   Electric Utilities 86 88 74 100
2. Tauron Polska Energia (XXL, PL)  Electric Utilities
2. Tauron Polska Energia (XXL, PL)   Electric Utilities 80 84 57 90
3. BKW (XL, CH)  Electric Utilities
3. BKW (XL, CH)   Electric Utilities 26 63 96 76
4. SSE (XXL, GB)  Electric Utilities
4. SSE (XXL, GB)   Electric Utilities 43 61 76 72
5. Public Power (XL, GR)  Electric Utilities
5. Public Power (XL, GR)   Electric Utilities 94 37 41 70
6. Endesa (XXL, ES)  Electric Utilities
6. Endesa (XXL, ES)   Electric Utilities 51 28 72 61
7. Terna (XL, IT)  Electric Utilities
7. Terna (XL, IT)   Electric Utilities 22 70 47 51
8. Enel (XXL, IT)  Electric Utilities
8. Enel (XXL, IT)   Electric Utilities 72 34 32 49
9. Acciona (XXL, ES)  Electric Utilities
9. Acciona (XXL, ES)   Electric Utilities 46 72 14 41
10. Iberdrola (XXL, ES)  Electric Utilities
10. Iberdrola (XXL, ES)   Electric Utilities 30 45 55 32

July 10, 2025

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 77 100 59 92
2. UPM (XL, FI)  Paper Products
2. UPM (XL, FI)   Paper Products 63 47 77 81
3. Nokia (XXL, FI)  Communications Equipment
3. Nokia (XXL, FI)   Communications Equipment 90 15 70 72
4. Metso (XL, FI)  Heavy Machinery
4. Metso (XL, FI)   Heavy Machinery 41 75 50 66
5. Wartsila (XL, FI)  Industrial Machinery
5. Wartsila (XL, FI)   Industrial Machinery 19 87 55 61
6. Valmet (XL, FI)  Industrial Machinery
6. Valmet (XL, FI)   Industrial Machinery 69 65 19 53
7. KONE (XXL, FI)  Industrial Machinery
7. KONE (XXL, FI)   Industrial Machinery 19 57 51 37
8. Kesko (XXL, FI)  Food Retail
8. Kesko (XXL, FI)   Food Retail 27 63 44 36
9. Huhtamaki (XL, FI)  Paper Packaging
9. Huhtamaki (XL, FI)   Paper Packaging 49 43 35 35
10. Cargotec (XL, FI)  Industrial Machinery
10. Cargotec (XL, FI)   Industrial Machinery 29 31 63 35

July 10, 2025


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Mid sized companies - similar industry as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Fjordkraft Holding (L, NO)  Electric Utilities
1. Fjordkraft Holding (L, NO)   Electric Utilities 78 78 67 96
2. Italgas (L, IT)  Gas Utilities
2. Italgas (L, IT)   Gas Utilities 72 100 49 88
3. Telecom Plus (L, GB)  Multi-Utilities
3. Telecom Plus (L, GB)   Multi-Utilities 31 81 78 78
4. Romande Energie (L, CH)  Electric Utilities
4. Romande Energie (L, CH)   Electric Utilities 58 50 82 74
5. United Utilities (L, GB)  Water Utilities
5. United Utilities (L, GB)   Water Utilities 32 88 30 61
6. Red Electricaoraci (L, ES)  Electric Utilities
6. Red Electricaoraci (L, ES)   Electric Utilities 16 65 61 55
7. Pennon (L, GB)  Water Utilities
7. Pennon (L, GB)   Water Utilities 54 52 24 34
8. Enagas (L, ES)  Gas Utilities
8. Enagas (L, ES)   Gas Utilities 57 24 47 28
9. ERG (L, IT)  Power Producers & Traders
9. ERG (L, IT)   Power Producers & Traders 42 32 37 20
10. REN (L, PT)  Multi-Utilities
10. REN (L, PT)   Multi-Utilities 36 78 6 18

July 10, 2025


Mid sized companies - similar region as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. elmos (M, DE)  Semiconductors
1. elmos (M, DE)   Semiconductors 74 73 88 100
2. Banque Cantonale De Genève (M, CH)  Regional Banks
2. Banque Cantonale De Genève (M, CH)   Regional Banks 82 19 100 100
3. TBC Bank Group (M, GB)  Diversified Banks
3. TBC Bank Group (M, GB)   Diversified Banks 63 100 97 100
4. Betsson (L, SE)  Casinos & Gaming
4. Betsson (L, SE)   Casinos & Gaming 80 98 92 100
5. CIS (M, FR)  Diversified Support Services
5. CIS (M, FR)   Diversified Support Services 83 97 84 100
6. Eurobank Ergasias (L, GR)  Diversified Banks
6. Eurobank Ergasias (L, GR)   Diversified Banks 71 73 87 100
7. Hexaom (L, FR)  Homebuilding
7. Hexaom (L, FR)   Homebuilding 99 95 48 100
8. DWS (L, DE)  Asset Management & Custody
8. DWS (L, DE)   Asset Management & Custody 94 55 94 100
9. Groupe Crit (L, FR)  HR- & Employment Services
9. Groupe Crit (L, FR)   HR- & Employment Services 91 69 96 100
10. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (L, HU)  Pharmaceuticals
10. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (L, HU)   Pharmaceuticals 99 80 94 100

July 10, 2025



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