Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 63.13 CAD 0.88% Market Closed
Market Cap: 31.4B CAD
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Fortis Inc
Other Equity

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Fortis Inc
Other Equity Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Equity CAGR 3Y CAGR 5Y CAGR 10Y
Fortis Inc
TSX:FTS
Other Equity
CA$969m
CAGR 3-Years
N/A
CAGR 5-Years
10%
CAGR 10-Years
40%
Hydro One Ltd
TSX:H
Other Equity
-CA$6m
CAGR 3-Years
34%
CAGR 5-Years
-8%
CAGR 10-Years
N/A
Emera Inc
TSX:EMA
Other Equity
CA$570m
CAGR 3-Years
N/A
CAGR 5-Years
29%
CAGR 10-Years
N/A
No Stocks Found

Fortis Inc
Glance View

Market Cap
31.4B CAD
Industry
Utilities

Fortis Inc., a North American leader in the utility sector, has firmly established itself as a reliable investment choice for those seeking stability and growth in their portfolios. Founded in 1885, the company operates in the electric and gas distribution industries, catering to nearly 3 million customers across Canada, the United States, and the Caribbean. With a diverse array of regulated assets, Fortis has built a reputation for strong operational performance and consistent dividend growth. Its commitment to sustainable energy initiatives and infrastructure investments aligns with shifting market trends, positioning the company to benefit from the global transition towards cleaner energy sources. As an investor, Fortis Inc. offers an attractive combination of growth potential and predictable income through its robust dividend policy, which has seen payouts increase annually for over 45 consecutive years. The company’s extensive capital investment plan, targeting around $20 billion over the next five years, aims to enhance its infrastructure and expand its renewable energy portfolio. Coupled with a strong credit rating and a well-defined growth strategy, Fortis is not only focused on delivering value to its shareholders but is also positioned to thrive amidst the evolving energy landscape. With its proven track record and strategic vision, investing in Fortis represents a compelling opportunity for those looking to participate in the future of energy while enjoying reliable returns.

FTS Intrinsic Value
86.01 CAD
Undervaluation 27%
Intrinsic Value
Price

See Also

What is Fortis Inc's Other Equity?
Other Equity
969m CAD

Based on the financial report for Sep 30, 2024, Fortis Inc's Other Equity amounts to 969m CAD.

What is Fortis Inc's Other Equity growth rate?
Other Equity CAGR 10Y
40%

Over the last year, the Other Equity growth was -7%.

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