NYSE: FTSFortis Inc Stock
$38.05+0.41 (+1.09%)
Updated Apr 18, 2024
FTS Price
$38.05
Fair Value Price
N/A
Market Cap
$18.67B
52 Week Low
$36.30
52 Week High
$46.28
P/E
16.45x
P/B
1.16x
P/S
2.32x
PEG
6.4x
Dividend Yield
4.47%
Revenue
$8.59B
Earnings
$1.18B
Gross Margin
42.2%
Operating Margin
16.78%
Profit Margin
13.1%
Debt to Equity
1.98
Operating Cash Flow
$3B
Beta
0.65
Next Earnings
May 1, 2024
Ex-Dividend
May 16, 2024
Next Dividend
Jun 1, 2024
FTS Overview
Fortis Inc. is a utility holding company serving 2.5M+ electricity and gas customers in Canada, the U.S, Central America, and the Caribbean. The company's regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. The company's non-regulated energy infrastructure holdings include Aitken Creek Gas Storage ULC in British Columbia and the Belize Electricity Company Limited in Belize. Fortis was formed in 1987 and is headquartered in St. John's, Newfoundland and Labrador, Canada.
Zen Score
–
Industry Average (32)
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Due Diligence Checks
FTS ($38.05) is trading above its intrinsic value of $14.78, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FTS is good value based on its earnings relative to its share price (16.45x), compared to the US market average (41.33x)
P/E vs Market Valuation
FTS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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Valuation
FTS price to earnings (PE)
For valuing profitable companies with steady earnings
Company
16.45x
Industry
16.06x
Market
41.33x
FTS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FTS is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
FTS price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.16x
Industry
1.6x
FTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
FTS price to earnings growth (PEG)
For valuing profitable companies with growth potential
FTS is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
FTS's financial health
Profit margin
Revenue
$2.2B
Net Income
$299.2M
Profit Margin
13.2%
FTS's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
FTS's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$49.6B
Liabilities
$32.0B
Debt to equity
1.98
FTS's short-term liabilities ($4.45B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FTS's long-term liabilities ($27.33B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FTS's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
FTS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$560.9M
Investing
-$562.4M
Financing
-$100.8M
FTS's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
FTS vs Regulated Electric Utility Stocks
Fortis Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.