Fortum Oyj
XMUN:FOT
Fortum Oyj
XMUN:FOT
Price:
23.28
EUR
-0.47%
Market Closed
Market Cap:
€40.8B
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Economic Moat
Fortum has no economic moat
No Moat
Narrow
Wide
Many generators supply the same Nordic power markets, while households and businesses can choose among numerous retailers for a largely interchangeable product. Fortum’s customer base does not make electricity more useful to others, and changing supplier does not mean changing the local grid that delivers it.
Why Fortum has no moat
Many competing generators
Easy supplier choice
No network benefit
The explanation behind each reason
