FTS Relative Valuation - Fortis Inc - Alpha Spread
F

Fortis Inc
NYSE:FTS

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Fortis Inc
NYSE:FTS
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Price: 45.74 USD 0.55%
Market Cap: 22.7B USD
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Relative Value

The Relative Value of one FTS stock under the Base Case scenario is 83.65 USD. Compared to the current market price of 45.74 USD, Fortis Inc is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FTS Relative Value
Base Case
83.65 USD
Undervaluation 45%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
34
Median 3Y
2.4
Median 5Y
2.5
Industry
1.6
Forward
2.5
vs History
28
vs Industry
31
Median 3Y
19.4
Median 5Y
18.8
Industry
14.9
Forward
18.9
vs History
6
vs Industry
36
Median 3Y
8.6
Median 5Y
8.3
Industry
7
vs History
9
vs Industry
8
Median 3Y
25.6
Median 5Y
24.2
Industry
13.8
vs History
14
vs Industry
50
Median 3Y
1.3
Median 5Y
1.2
Industry
1.4
vs History
26
vs Industry
27
Median 3Y
4.8
Median 5Y
5.1
Industry
2.8
Forward
4.9
vs History
26
vs Industry
50
Median 3Y
7.4
Median 5Y
7.3
Industry
7.5
vs History
55
vs Industry
38
Median 3Y
11.8
Median 5Y
11.8
Industry
10.2
Forward
10.8
vs History
55
vs Industry
33
Median 3Y
19
Median 5Y
18.5
Industry
14.6
Forward
17.3
vs History
0
vs Industry
25
Median 3Y
17.1
Median 5Y
16.9
Industry
10.9
vs History
vs Industry
Median 3Y
-74.4
Median 5Y
-58.6
Industry
15.3
vs History
26
vs Industry
49
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9

Multiples Across Competitors

FTS Competitors Multiples
Fortis Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Fortis Inc
NYSE:FTS
22.6B USD 2.7 19.6 11.7 18.3
US
Nextera Energy Inc
NYSE:NEE
174.6B USD 6.7 27.6 17.9 32.3
US
Southern Co
NYSE:SO
98.3B USD 3.8 21.3 13.2 23.1
ES
Iberdrola SA
MAD:IBE
87.6B EUR 1.9 13.6 7.3 11.2
US
Duke Energy Corp
NYSE:DUK
91B USD 3 21.7 22.1 22.1
IT
Enel SpA
MIL:ENEL
72.4B EUR 0.6 8.3 4.1 5.6
US
Constellation Energy Corp
NASDAQ:CEG
61.6B USD 2.6 25.9 12.6 24.6
DK
Oersted A/S
SWB:D2G
52.3B EUR 5.8 -17.3 24.8 24.8
US
American Electric Power Company Inc
NASDAQ:AEP
55.8B USD 2.9 21.2 13.3 24
US
PG&E Corp
NYSE:PCG
52.6B USD 2.1 20.9 13.2 24.2
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2

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