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General information

Country: CANADA

Sector: Utilities — Regulated Electric

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona`s Mohave and Santa Cruz counties with an aggregate capacity of 3,143 megawatts (MW), including 59 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Ne...
  • Dividend yield for the last twelve months 4.2%
  • Free cash flow yield 3.9% (LTM)
  • Share price is 17.7% higher than minimum and 19.1% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (12.5x vs
    )

Key Financials (Download financials)

Ticker: FTS
Share price, USD:  (-0.2%)41.73
year average price 41.53  


year start price 41.02 2023-12-28

min close price 37.14 2024-04-16

max close price 45.81 2024-10-02

current price 41.84 2024-12-26
Common stocks: 481 039 000

Dividend Yield:  4.2%
FCF Yield LTM: 3.9%
EV / LTM EBITDA: 12.5x
EV / EBITDA annualized: 13x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 20 074
Net Debt ($m): 19 692
EV (Enterprise Value): 39 766
EBITDA LTM ($m): 3 184
EV / LTM EBITDA: 12.5x
Price to Book: 1.3x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-12-18globenewswire.com

Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners

2024-12-09globenewswire.com

Fortis Inc. to Renew At-The-Market Equity Program

2024-12-04seekingalpha.com

Behind The Billions: Fortis' Ambitious Vision For 2029

2024-12-04globenewswire.com

Fortis Inc. Announces First Quarter Dividends – 2025

2024-12-03globenewswire.com

Anima Research receives investment from BNP Paribas Fortis Private Equity to support expansion of its industry-leading clinical trials business in Europe

2024-11-05seekingalpha.com

Fortis, Inc. (FTS) Q3 2024 Earnings Call Transcript

2024-11-05247wallst.com

2 Great Dividend Aristocrats to Buy in November

2024-11-05zacks.com

Fortis (FTS) Surpasses Q3 Earnings and Revenue Estimates

2024-11-05globenewswire.com

Fortis Inc. Releases Third Quarter 2024 Results

2024-10-29zacks.com

Earnings Preview: Fortis (FTS) Q3 Earnings Expected to Decline
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