FTS:NYE-Fortis Inc. (USD)

EQUITY | Utilities - Regulated Electric | New York Stock Exchange

Last Closing

USD 39.37

Change

+0.43 (+1.10)%

Market Cap

USD 12.05B

Volume

0.88M

Analyst Target

USD 44.98
Analyst Rating

Verdict

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: 2024-03-27 )

Largest Industry Peers for Utilities - Regulated Electric

Symbol Name Price(Change) Market Cap
NEE Nextera Energy Inc

-0.91 (-1.36%)

USD 131.72B
NEE-PR Nextera Energy Inc

-0.61 (-1.50%)

USD 103.76B
SO Southern Company

-1.16 (-1.56%)

USD 76.27B
DUK Duke Energy Corporation

-1.32 (-1.33%)

USD 73.99B
DUK-PA Duke Energy Corporation

-0.03 (-0.12%)

USD 62.15B
NGG National Grid PLC ADR

-0.45 (-0.67%)

USD 48.36B
PCG PG&E Corp

-0.04 (-0.23%)

USD 44.06B
D Dominion Energy Inc

-0.52 (-1.02%)

USD 40.68B
PEG Public Service Enterprise Grou..

-0.27 (-0.40%)

USD 33.17B
ED Consolidated Edison Inc

-1.18 (-1.25%)

USD 30.97B

ETFs Containing FTS

HUTS:CA Hamilton Enhanced Utiliti.. 10.19 % 0.00 %

-0.01 (-0.14%)

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

N/A

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

-0.02 (-0.14%)

CAD 0.24B
TCLV:CA TD Q Canadian Low Volatil.. 4.50 % 0.00 %

+0.18 (+-0.14%)

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

+0.05 (+-0.14%)

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
PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

+0.07 (+-0.14%)

CAD 0.08B
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

+0.07 (+-0.14%)

CAD 0.16B
FCCL:CA 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

N/A
ZLB:CA BMO Low Volatility Canadi.. 0.00 % 0.39 %

+0.08 (+-0.14%)

CAD 3.49B
ZUT:CA BMO Equal Weight Utilitie.. 0.00 % 0.60 %

-0.14 (-0.14%)

CAD 0.41B
ZWU:CA BMO Covered Call Utilitie.. 0.00 % 0.71 %

-0.10 (-0.14%)

CAD 1.75B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

N/A

CAD 0.03B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

+0.13 (+-0.14%)

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 -4.28% 24% F 18% F
Dividend Return 1.06% 53% F 56% F
Total Return -3.22% 24% F 18% F
Trailing 12 Months  
Capital Gain -6.46% 38% F 20% F
Dividend Return 3.07% 29% F 44% F
Total Return -3.40% 35% F 19% F
Trailing 5 Years  
Capital Gain 6.43% 70% C- 50% F
Dividend Return 21.54% 77% C+ 75% C
Total Return 27.98% 70% C- 51% F
Average Annual (5 Year Horizon)  
Capital Gain 1.20% 61% D- 47% F
Dividend Return 4.90% 61% D- 52% F
Total Return 3.70% 52% F 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 10.99% 83% B 78% C+
Risk Adjusted Return 44.60% 78% C+ 72% C
Market Capitalization 12.05B 56% F 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 49% 49%
Price/Book Ratio 1.32 79% 57%
Price / Cash Flow Ratio 5.50 68% 58%
Price/Free Cash Flow Ratio 8.24 82% 50%
Management Effectiveness  
Return on Equity 7.41% 22% 47%
Return on Invested Capital 5.40% 42% 46%
Return on Assets 3.02% 75% 56%
Debt to Equity Ratio 126.64% 66% 26%

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
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 compared to earnings

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

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.