Fortis Inc FTS

Morningstar Rating

Company Report

Price vs Fair Value

FTS is trading at a 218% premium.
Price
CAD 60.86
Fair Value
CAD 72.00
Uncertainty
Low
1-Star Price
CAD 47.96
5-Star Price
CAD 61.20
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Fortis operates a stable business profile of regulated operations, offering a strong base for consistent earnings and dividend growth.

Bears

The Canadian regulatory environment offers lower allowed returns than in the US

News

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
19.26
Price/Sales
2.62
Dividend Yield (Trailing)
3.88%
Dividend Yield (Forward)
4.04%
Total Yield
3.88%

Company Profile

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
9,600

Competitors

Valuation

Metric
FTS
AEP
H
Price/Earnings (Normalized)
19.2618.3624.02
Price/Book Value
1.432.062.26
Price/Sales
2.622.733.32
Price/Cash Flow
7.828.3712.07
Price/Earnings
FTS
AEP
H

Financial Strength

Metric
FTS
AEP
H
Quick Ratio
0.410.320.36
Current Ratio
0.690.650.40
Interest Coverage
2.552.343.12
Quick Ratio
FTS
AEP
H

Profitability

Metric
FTS
AEP
H
Return on Assets (Normalized)
2.33%2.79%3.70%
Return on Equity (Normalized)
7.65%10.73%10.46%
Return on Invested Capital (Normalized)
4.80%6.00%6.28%
Return on Assets
FTS
AEP
H

Utilities - Regulated Electric Industry Comparables

1-Day Chart
Name
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Dominion Energy Inc
D
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Public Service Enterprise Group Inc
PEG
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Exelon Corp
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Consolidated Edison Inc
ED
FpnrdgzgClc$36.0 Bil

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