Fortis Valuation
| FTS Stock | CAD 63.13 0.55 0.88% |
At this time, the firm appears to be overvalued. Fortis Inc shows a prevailing Real Value of C$58.46 per share. The current price of the firm is C$63.13. Our model computes the value of Fortis Inc from reviewing the firm fundamentals such as Shares Outstanding of 497.3 M, current valuation of 63.83 B, and Profit Margin of 0.14 % as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Fortis' valuation include:
Price Book 1.4889 | Enterprise Value 63.8 B | Enterprise Value Ebitda 11.7349 | Price Sales 2.7194 | Forward PE 18.4502 |
Overvalued
Today
Please note that Fortis' price fluctuation is very steady at this time. Calculation of the real value of Fortis Inc is based on 3 months time horizon. Increasing Fortis' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Fortis is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fortis Stock. However, Fortis' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 63.13 | Real 58.46 | Hype 62.56 | Naive 63.95 |
The intrinsic value of Fortis' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fortis' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fortis Inc helps investors to forecast how Fortis stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fortis more accurately as focusing exclusively on Fortis' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Fortis' intrinsic value based on its ongoing forecasts of Fortis' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Fortis' closest peers.
Fortis Cash |
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Fortis Valuation Trend
Knowing Fortis' actual value is paramount for traders when making sound investment determinations. Using both Fortis' enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Fortis Total Value Analysis
Fortis Inc is currently projected to have takeover price of 63.83 B with market capitalization of 31.12 B, debt of 30.03 B, and cash on hands of 209 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Fortis fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
63.83 B | 31.12 B | 30.03 B | 209 M |
Fortis Investor Information
About 57.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fortis Inc last dividend was issued on the 18th of November 2024. The entity had 4:1 split on the 12th of October 2005. Based on the key indicators related to Fortis' liquidity, profitability, solvency, and operating efficiency, Fortis Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.18 | 0.2678 |
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| Total Cash From Operating Activities | 3.7 B | 3.5 B |
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| Operating Income | 3.2 B | 3.1 B |
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Fortis Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Fortis has an asset utilization ratio of 17.47 percent. This suggests that the Company is making C$0.17 for each dollar of assets. An increasing asset utilization means that Fortis Inc is more efficient with each dollar of assets it utilizes for everyday operations.Fortis Ownership Allocation
Fortis holds a total of 497.3 Million outstanding shares. Over half of Fortis' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Fortis. Please watch out for any change in the institutional holdings of Fortis Inc as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Fortis Profitability Analysis
The company reported the revenue of 11.52 B. Net Income was 1.71 B with profit before overhead, payroll, taxes, and interest of 4.41 B.Fortis Past Distributions to stockholders
About Fortis Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Fortis Inc. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Fortis Inc based exclusively on its fundamental and basic technical indicators. By analyzing Fortis's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Fortis's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fortis. We calculate exposure to Fortis's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fortis's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 7.7 B | 8.1 B | |
| Pretax Profit Margin | 0.18 | 0.10 | |
| Operating Profit Margin | 0.27 | 0.18 | |
| Net Profit Margin | 0.14 | 0.08 | |
| Gross Profit Margin | 0.67 | 0.49 |
Fortis Quarterly Retained Earnings |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.