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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.

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See Fortum Performance

Fortum stock research in summary

fortum.fi


Fortum shares have a market-typical stock price level. They are safely financed and are good value, but 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. Public Power (XL, GR)  Electric Utilities
1. Public Power (XL, GR)   Electric Utilities 79 65 64 94
2. SSE (XL, GB)  Electric Utilities
2. SSE (XL, GB)   Electric Utilities 43 77 84 92
3. Endesa (XXL, ES)  Electric Utilities
3. Endesa (XXL, ES)   Electric Utilities 55 83 50 84
4. Iberdrola (XXL, ES)  Electric Utilities
4. Iberdrola (XXL, ES)   Electric Utilities 41 87 48 66
5. PGE Polska Grupa Energetyczna (XXL, PL)  Electric Utilities
5. PGE Polska Grupa Energetyczna (XXL, PL)   Electric Utilities 83 21 72 66
6. Enel (XXL, IT)  Electric Utilities
6. Enel (XXL, IT)   Electric Utilities 71 69 30 60
7. BKW (XL, CH)  Electric Utilities
7. BKW (XL, CH)   Electric Utilities 33 33 96 56
8. CEZ (XL, CZ)  Electric Utilities
8. CEZ (XL, CZ)   Electric Utilities 37 45 86 56
9. Ørsted (XL, DK)  Electric Utilities
9. Ørsted (XL, DK)   Electric Utilities 7 97 60 52
10. EDP (XXL, PT)  Electric Utilities
10. EDP (XXL, PT)   Electric Utilities 53 21 70 42

November 14, 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. Nokia (XXL, FI)  Communications Equipment
1. Nokia (XXL, FI)   Communications Equipment 84 78 66 100
2. Outokumpu (XL, FI)  Steel
2. Outokumpu (XL, FI)   Steel 66 80 65 82
3. Tieto (XL, FI)  IT Consulting & oth. Services
3. Tieto (XL, FI)   IT Consulting & oth. Services 95 41 29 64
4. UPM (XL, FI)  Paper Products
4. UPM (XL, FI)   Paper Products 54 18 76 58
5. Wartsila (XL, FI)  Industrial Machinery
5. Wartsila (XL, FI)   Industrial Machinery 22 98 41 57
6. Metso Outotec (XL, FI)  Heavy Machinery
6. Metso Outotec (XL, FI)   Heavy Machinery 47 45 54 56
7. Cargotec (XL, FI)  Industrial Machinery
7. Cargotec (XL, FI)   Industrial Machinery 39 45 55 43
8. Konecranes (XL, FI)  Industrial Machinery
8. Konecranes (XL, FI)   Industrial Machinery 36 77 27 42
9. Huhtamaki (XL, FI)  Paper Packaging
9. Huhtamaki (XL, FI)   Paper Packaging 34 90 8 40
10. Sampo (XXL, FI)  Multi-line Insurance
10. Sampo (XXL, FI)   Multi-line Insurance 7 11 87 26

November 14, 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 61 39 100 90
2. Fjordkraft Holding (L, NO)  Electric Utilities
2. Fjordkraft Holding (L, NO)   Electric Utilities 51 63 78 88
3. Italgas (L, IT)  Gas Utilities
3. Italgas (L, IT)   Gas Utilities 69 89 24 78
4. Telecom Plus (L, GB)  Multi-Utilities
4. Telecom Plus (L, GB)   Multi-Utilities 35 45 86 61
5. Neoen (M, FR)  Renewable Electricity
5. Neoen (M, FR)   Renewable Electricity 5 100 41 51
6. Red Electricaoraci (L, ES)  Electric Utilities
6. Red Electricaoraci (L, ES)   Electric Utilities 27 43 72 36
7. Terna (L, IT)  Electric Utilities
7. Terna (L, IT)   Electric Utilities 17 87 38 36
8. Enagas (L, ES)  Gas Utilities
8. Enagas (L, ES)   Gas Utilities 63 15 56 34
9. Terna Energy (M, GR)  Renewable Electricity
9. Terna Energy (M, GR)   Renewable Electricity 3 99 22 28
10. United Utilities (L, GB)  Water Utilities
10. United Utilities (L, GB)   Water Utilities 19 97 8 28

November 14, 2024


Mid sized companies - similar region as Fortum

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Instone Real Estate Group (L, DE)  Real Estate Development
1. Instone Real Estate Group (L, DE)   Real Estate Development 94 91 63 100
2. 2G energy (M, DE)  Heavy Electrical Equipment
2. 2G energy (M, DE)   Heavy Electrical Equipment 65 84 100 100
3. CMC Markets (M, GB)  Investment Banking & Brokerage
3. CMC Markets (M, GB)   Investment Banking & Brokerage 79 81 88 100
4. MBB-AG (M, DE)  Industrial Conglomerates
4. MBB-AG (M, DE)   Industrial Conglomerates 56 94 100 100
5. Aubay (M, FR)  IT Consulting & oth. Services
5. Aubay (M, FR)   IT Consulting & oth. Services 79 69 96 100
6. DWS (L, DE)  Asset Management & Custody
6. DWS (L, DE)   Asset Management & Custody 97 95 91 100
7. TF1 (L, FR)  Broadcasting
7. TF1 (L, FR)   Broadcasting 91 75 96 100
8. Groupe Crit (L, FR)  HR- & Employment Services
8. Groupe Crit (L, FR)   HR- & Employment Services 84 76 92 100
9. Groupe LDLC (M, FR)  Internet Retail
9. Groupe LDLC (M, FR)   Internet Retail 95 67 96 100
10. Betsson (M, SE)  Casinos & Gaming
10. Betsson (M, SE)   Casinos & Gaming 97 85 94 100

November 14, 2024



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