FTS Fair Value Estimate
$36.0337.0% overvalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
Fortis Inc
Exchange: NYSESector: UtilitiesIndustry: Utilities - Regulated Electric
Values in USD · ADR · Reports in CAD
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2023 revenue of $12 billion and total assets of $70 billion as at September 30, 2024. The Corporation's 9,600 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.
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Net income compounded at -0.0% annually over 6 years.
Current Price
$57.18
-0.05%GoodMoat Value
$36.03
37.0% overvaluedProfile
Valuation (TTM)
Market Cap$28.80B
P/E22.82
EV—
P/B1.66
Shares Out503.60M
P/Sales3.29
Revenue$8.75B
EV/EBITDA18.78
Fortis Inc (FTS) Valuation
FTS Valuation Metrics
FCF$-1.02B
FCF Growth Rate—
EPS Growth (CAGR)-0.02%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →FTS Valuation & Fair Value Analysis
Fortis Inc (FTS) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Fortis Inc is $36.03. The current stock price is $57.18, suggesting the stock is 58.7% overvalued.
The price-to-earnings (P/E) ratio is 22.82. Price-to-book ratio is 1.66. Price-to-sales ratio is 3.29. Enterprise value to EBITDA is 18.78. PEG ratio is 4.51.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Fortis Inc's intrinsic value.