Fortis Inc.
Toronto Stock ExchangeTotal Valuation
Fortis Inc. carries a market capitalization of 41.16B, placing it among publicly traded companies globally. Its enterprise value stands at 78.00B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 41.16B |
| Enterprise Value | 78.00B |
Share Statistics
Fortis Inc. currently has 509.13M shares outstanding.
| Shares Outstanding | 509.13M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Fortis Inc. trades at a trailing price-to-earnings ratio of 22.86. The price-to-sales ratio is 3.21, and the price-to-book ratio stands at 1.83.
| PE Ratio | 22.86 |
| PS Ratio | 3.21 |
| PB Ratio | 1.83 |
| P/TBV Ratio | 3.76 |
| P/FCF Ratio | 3.85 |
| P/OCF Ratio | 9.93 |
Enterprise Valuation
On an enterprise value basis, Fortis Inc. trades at an EV/EBITDA multiple of 14.01 and an EV/FCF ratio of 6.83. The EV/Sales ratio of 6.38 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 22.32 provides insight into valuation relative to core operating earnings.
| EV / Sales | 6.38 |
| EV / EBITDA | 14.01 |
| EV / EBIT | 22.32 |
| EV / FCF | 6.83 |
Financial Position
Fortis Inc. maintains a current ratio of 0.49, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 133.70, indicating elevated leverage, while an interest coverage ratio of 3.76 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 0.49 |
| Quick Ratio | 0.26 |
| Debt / Equity | 133.70 |
| Debt / EBITDA | 6.36 |
| Interest Coverage | 3.76 |
Financial Efficiency
Fortis Inc. posts a return on equity of 8.20 and a return on invested capital of 4.77.
| Return on Equity (ROE) | 8.20 |
| Return on Assets (ROA) | 2.38 |
| Return on Invested Capital (ROIC) | 4.77 |
| Return on Capital Employed (ROCE) | 4.83 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 5.14 |
Taxes
Over the trailing twelve months, Fortis Inc. has paid 389.00M in income taxes, reflecting an effective tax rate of 16.53.
| Income Tax | 389.00M |
| Effective Tax Rate | 16.53 |
Stock Price Statistics
Fortis Inc.'s stock has gained approximately 26.28866% over the past 52 weeks. The 50-day moving average sits at 78.26, while the 200-day moving average is 74.73.
| Beta (5Y) | N/A |
| 52-Week Price Change | 26.28866% |
| 50-Day Moving Average | 78.26 |
| 200-Day Moving Average | 74.73 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Fortis Inc. generated 12.24B in revenue and converted that into 1.80B in net income, yielding earnings per share of 3.89. EBITDA reached 5.57B, while operating income came in at 3.49B.
| Revenue | 12.24B |
| Gross Profit | 8.83B |
| Operating Income | 3.49B |
| Pretax Income | 2.35B |
| Net Income | 1.80B |
| EBITDA | 5.57B |
| EBIT | 3.49B |
| Earnings Per Share (EPS) | 3.89 |
Balance Sheet
Fortis Inc. holds 359.00M in cash and equivalents against 35.41B in total debt, resulting in a net debt position of 34.70B. Total book value stands at 21.39B, with working capital of -4.35B providing operational flexibility.
| Cash & Cash Equivalents | 359.00M |
| Total Debt | 35.41B |
| Net Debt | 34.70B |
| Equity (Book Value) | 21.39B |
| Book Value Per Share | 42.32 |
| Working Capital | -4.35B |
Cash Flow
Fortis Inc. produced 3.95B in operating cash flow over the past twelve months. After subtracting -6.24B in capital expenditures, free cash flow totaled -2.29B - equivalent to -4.53 per share.
| Operating Cash Flow | 3.95B |
| Capital Expenditures | -6.24B |
| Free Cash Flow | -2.29B |
| FCF Per Share | -4.53 |
Margins
Fortis Inc. operates with a gross margin of 72.19, reflecting its pricing power and cost economics. The operating margin of 28.56 and net profit margin of 14.73 provide insight into operational efficiency.
| Gross Margin | 72.19 |
| Operating Margin | 28.56 |
| Pretax Margin | 19.24 |
| Profit Margin | 14.73 |
| EBITDA Margin | 45.51 |
Dividends & Yields
The company's payout ratio of 39.37 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.76 |
| Dividend Yield | N/A |
| Payout Ratio | 39.37 |
| Shareholder Yield | -3.10 |
| FCF Yield | 25.97 |
Stock Splits
Fortis Inc.'s most recent stock split took place on October 12, 2005 with a 1:4 split ratio.
| Last Split Date | 10/12/2005 |
| Split Ratio | 1:4 |
Scores
Fortis Inc. posts an Altman Z-Score of 0.88, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 0.88 |