Fortis Inc. (TSX: FTS)
Canada flag Canada · Delayed Price · Currency is CAD
60.71
-0.01 (-0.02%)
Nov 7, 2024, 11:26 AM EST

Fortis Statistics

Total Valuation

Fortis has a market cap or net worth of CAD 30.20 billion. The enterprise value is 64.83 billion.

Market Cap 30.20B
Enterprise Value 64.83B

Important Dates

The last earnings date was Tuesday, November 5, 2024.

Earnings Date Nov 5, 2024
Ex-Dividend Date Nov 18, 2024

Share Statistics

Fortis has 497.29 million shares outstanding. The number of shares has increased by 1.72% in one year.

Current Share Class n/a
Shares Outstanding 497.29M
Shares Change (YoY) +1.72%
Shares Change (QoQ) +0.47%
Owned by Insiders (%) 0.11%
Owned by Institutions (%) 54.61%
Float 496.49M

Valuation Ratios

The trailing PE ratio is 18.86 and the forward PE ratio is 18.79. Fortis's PEG ratio is 3.14.

PE Ratio 18.86
Forward PE 18.79
PS Ratio 2.61
PB Ratio 1.45
P/FCF Ratio n/a
PEG Ratio 3.14
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.50, with an EV/FCF ratio of -71.56.

EV / Earnings 40.88
EV / Sales 5.67
EV / EBITDA 12.50
EV / EBIT 19.82
EV / FCF -71.56

Financial Position

The company has a current ratio of 0.74, with a Debt / Equity ratio of 1.31.

Current Ratio 0.74
Quick Ratio 0.45
Debt / Equity 1.31
Debt / EBITDA 6.17
Debt / FCF -35.34
Interest Coverage 47.49

Financial Efficiency

Return on equity (ROE) is 7.54% and return on invested capital (ROIC) is 3.71%.

Return on Equity (ROE) 7.54%
Return on Assets (ROA) 3.01%
Return on Capital (ROIC) 3.71%
Revenue Per Employee 1.19M
Profits Per Employee 165,208
Employee Count 9,598
Asset Turnover 0.17
Inventory Turnover 10.64

Taxes

In the past 12 months, Fortis has paid 361.00 million in taxes.

Income Tax 361.00M
Effective Tax Rate 18.44%

Stock Price Statistics

The stock price has increased by +7.84% in the last 52 weeks. The beta is 0.23, so Fortis's price volatility has been lower than the market average.

Beta (5Y) 0.23
52-Week Price Change +7.84%
50-Day Moving Average 60.75
200-Day Moving Average 56.08
Relative Strength Index (RSI) 52.02
Average Volume (20 Days) 1,582,249

Short Selling Information

The latest short interest is 9.05 million, so 1.83% of the outstanding shares have been sold short.

Short Interest 9.05M
Short Previous Month 8.70M
Short % of Shares Out 1.83%
Short % of Float 1.84%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, Fortis had revenue of CAD 11.44 billion and earned 1.59 billion in profits. Earnings per share was 3.22.

Revenue 11.44B
Gross Profit 5.09B
Operating Income 3.28B
Pretax Income 2.18B
Net Income 1.59B
EBITDA 5.16B
EBIT 3.28B
Earnings Per Share (EPS) 3.22
Full Income Statement

Balance Sheet

The company has 896.00 million in cash and 32.02 billion in debt, giving a net cash position of -31.12 billion or -62.58 per share.

Cash & Cash Equivalents 896.00M
Total Debt 32.02B
Net Cash -31.12B
Net Cash Per Share -62.58
Equity (Book Value) 24.39B
Book Value Per Share 41.98
Working Capital -1.51B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.67 billion and capital expenditures -4.57 billion, giving a free cash flow of -906.00 million.

Operating Cash Flow 3.67B
Capital Expenditures -4.57B
Free Cash Flow -906.00M
FCF Per Share -1.82
Full Cash Flow Statement

Margins

Gross margin is 44.46%, with operating and profit margins of 28.64% and 14.49%.

Gross Margin 44.46%
Operating Margin 28.64%
Pretax Margin 19.04%
Profit Margin 14.49%
EBITDA Margin 45.07%
EBIT Margin 28.64%
FCF Margin -7.92%

Dividends & Yields

This stock pays an annual dividend of 2.46, which amounts to a dividend yield of 4.05%.

Dividend Per Share 2.46
Dividend Yield 4.05%
Dividend Growth (YoY) 4.42%
Years of Dividend Growth 11
Payout Ratio 48.55%
Buyback Yield -1.72%
Shareholder Yield 2.33%
Earnings Yield 5.30%
FCF Yield -3.00%
Dividend Details

Stock Splits

The last stock split was on October 12, 2005. It was a forward split with a ratio of 4.

Last Split Date Oct 12, 2005
Split Type Forward
Split Ratio 4

Scores

Altman Z-Score n/a
Piotroski F-Score 4