FTS:NYE-Fortis Inc. (USD)

EQUITY | Utilities—Regulated Electric | New York Stock Exchange

Last Closing

USD 44.27

Change

-0.03 (-0.07)%

Market Cap

USD 12.05B

Volume

0.25M

Analyst Target

USD 44.98
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Fortis Inc is an electric and gas utility holding company. The Company's regulated utilities serves customers across Canada and in the United States and the Caribbean.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-02-19 )

Largest Industry Peers for Utilities—Regulated Electric

ETFs Containing FTS

XUT:CA iShares S&P/TSX Capped Ut.. 21.97 % 0.62 %

-0.12 (-0.07%)

CAD 0.32B
HUTS:CA Hamilton Enhanced Utiliti.. 10.19 % 0.00 %

-0.04 (-0.07%)

CAD 0.08B
UTIL:CA Horizons Canadian Utility.. 7.99 % 0.00 %

+0.08 (+-0.07%)

CAD 8.57M
UMAX:CA Hamilton Utilities Yield .. 7.44 % 0.00 %

-0.01 (-0.07%)

CAD 0.24B
ZUT:CA BMO Equal Weight Utilitie.. 7.12 % 0.60 %

-0.10 (-0.07%)

CAD 0.41B
ZWU:CA BMO Covered Call Utilitie.. 5.11 % 0.71 %

-0.03 (-0.07%)

CAD 1.75B
TCLV:CA TD Q Canadian Low Volatil.. 4.50 % 0.00 %

-0.16 (-0.07%)

CAD 0.03B
FCCD:CA Fidelity Canadian High Di.. 3.64 % 0.00 %

-0.15 (-0.07%)

CAD 0.16B
ZLB:CA BMO Low Volatility Canadi.. 2.76 % 0.39 %

-0.04 (-0.07%)

CAD 3.49B
PR:CA Lysander-Slater Preferred.. 2.03 % 1.03 %

-0.05 (-0.07%)

CAD 0.08B
DCP:CA Desjardins Canadian Prefe.. 1.50 % 0.53 %

+0.18 (+-0.07%)

CAD 0.03B
CPD:CA iShares S&P/TSX Canadian .. 1.20 % 0.50 %

-0.01 (-0.07%)

CAD 1.03B
IPFF 0.00 % 0.55 %

N/A

N/A
IPU 0.00 % 0.40 %

N/A

N/A
PPS:CA 0.00 % 1.77 %

N/A

N/A
FCCL:CA 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

N/A
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

-0.05 (-0.07%)

CAD 1.04B
FCMI:CA Fidelity Canadian Monthly.. 0.00 % 0.00 %

N/A

CAD 7.48M
ISIF:CA IA Clarington Strategic I.. 0.00 % 0.00 %

N/A

CAD 1.80B

Market Performance

  Market Performance vs. Industry/Classification (Utilities—Regulated Electric) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.62% 59% D- 82% B
Dividend Return 0.88% 83% B 60% D-
Total Return 7.50% 64% D 83% B
Trailing 12 Months  
Capital Gain 26.27% 69% C- 85% B
Dividend Return 4.97% 90% A- 81% B-
Total Return 31.24% 77% C+ 87% B+
Trailing 5 Years  
Capital Gain 38.86% 39% F 73% C
Dividend Return 25.48% 97% N/A 81% B-
Total Return 64.34% 39% F 77% C+
Average Annual (5 Year Horizon)  
Capital Gain 8.74% 37% F 72% C
Dividend Return 13.83% 40% F 79% B-
Total Return 5.09% 97% N/A 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 11.86% 57% F 63% D
Risk Adjusted Return 116.57% 54% F 88% B+
Market Capitalization 12.05B 69% C- 90% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities—Regulated Electric) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.50 42% 27%
Price/Book Ratio 1.74 62% 48%
Price / Cash Flow Ratio 9.94 50% 45%
Price/Free Cash Flow Ratio 4,641.65 3% 1%
Management Effectiveness  
Return on Equity 9.60% 46% 56%
Return on Invested Capital 5.73% 36% 45%
Return on Assets 2.90% 64% 54%
Debt to Equity Ratio 127.16% 24% 28%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.