Fortis Valuation
| FTS Stock | USD 45.16 0.34 0.76% |
At this time, the firm appears to be overvalued. Fortis Inc shows a prevailing Real Value of $42.93 per share. The current price of the firm is $45.16. Our model computes the value of Fortis Inc from reviewing the firm fundamentals such as Profit Margin of 0.14 %, current valuation of 45.88 B, and Shares Outstanding of 497.3 M as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Fortis' valuation include:
Price Book 1.504 | Enterprise Value 45.9 B | Enterprise Value Ebitda 11.7925 | Price Sales 1.9624 | Forward PE 18.622 |
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.
The fair value of the Fortis stock is determined by what a typical buyer is willing to pay for full or partial control of Fortis Inc. 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 45.16 | Real 42.93 | Target 41.41 | Hype 45.17 | Naive 45.85 |
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
Fortis' real value is important for investors to make better decisions and a more accurate overall view of Fortis' financial worth over time. Using both Fortis' enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Fortis Revenue by Product
Fortis Total Value Analysis
Fortis Inc is currently anticipated to have company total value of 45.88 B with market capitalization of 22.46 B, debt of 30.03 B, and cash on hands of 395 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Fortis fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
45.88 B | 22.46 B | 30.03 B | 395 M |
Fortis Investor Information
About 58.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fortis Inc has Price/Earnings To Growth (PEG) ratio of 2.93. The entity last dividend was issued on the 18th of November 2024. The firm had 4:1 split on the 13th 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 implies that the Company is making $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. 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 last year's revenue of 11.52 B. Total Income to common stockholders was 1.71 B with profit before taxes, overhead, and interest of 4.41 B.Fortis Past Distributions to stockholders
About Fortis Valuation
The stock valuation mechanism determines Fortis' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Fortis Inc based exclusively on its fundamental and basic technical indicators. 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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A single share of Fortis represents a small ownership stake in the entity. As a stockholder of Fortis, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Fortis Dividends Analysis For Valuation
Dividends Paid is likely to gain to about 806.4 M in 2024. Dividend Yield is likely to gain to 0.04 in 2024. At this time, Fortis' Retained Earnings are comparatively stable compared to the past year. Earnings Yield is likely to gain to 0.07 in 2024, whereas Price Earnings Ratio is likely to drop 13.30 in 2024.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 768 M | 806.4 M | |
| Dividend Yield | 0.03 | 0.04 | |
| Dividend Payout Ratio | 0.49 | 0.64 | |
| Dividend Paid And Capex Coverage Ratio | 0.72 | 0.73 |
There are various types of dividends Fortis can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Fortis shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Fortis Inc directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Fortis pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Fortis by the value of the dividends paid out.
Fortis Growth Indicators
Investing in growth stocks can be very risky. If the company such as Fortis does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 486.5 M | |
| Quarterly Earnings Growth Y O Y | 0.045 | |
| Forward Price Earnings | 18.622 |
Fortis Current Valuation Indicators
Fortis' valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Fortis' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Fortis, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Fortis' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Fortis' worth.Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.