Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 59.93 CAD -0.13%
Market Cap: 29.8B CAD
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Relative Value

The Relative Value of one FTS stock under the Base Case scenario is 113.12 CAD. Compared to the current market price of 59.93 CAD, Fortis Inc is Undervalued by 47%.

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
113.12 CAD
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.6
P/S
P/S
Price to Sales
2.6
vs History
30
vs Industry
34
Median 3Y
2.4
Median 5Y
2.5
Industry
1.6
Forward
2.5
More Details
18.7
P/E
P/E
Price to Earnings
18.7
vs History
50
vs Industry
31
Median 3Y
19.3
Median 5Y
18.8
Industry
15.1
Forward
18.3
More Details
8.1
P/OCF
P/OCF
Price to OCF
8.1
vs History
63
vs Industry
37
Median 3Y
8.4
Median 5Y
8.3
Industry
7
More Details
49.3
P/FCFE
P/FCFE
Price to FCFE
49.3
vs History
31
vs Industry
9
Median 3Y
34.9
Median 5Y
24.8
Industry
13.9
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
20
vs Industry
50
Median 3Y
1.3
Median 5Y
1.2
Industry
1.4
More Details
5.2
EV/S
EV/S
Enterprise Value to Sales
5.2
vs History
36
vs Industry
26
Median 3Y
4.8
Median 5Y
5.1
Industry
2.7
Forward
4.9
More Details
7.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.3
vs History
44
vs Industry
49
Median 3Y
7.3
Median 5Y
7.3
Industry
7.5
More Details
11.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.6
vs History
57
vs Industry
39
Median 3Y
11.8
Median 5Y
11.7
Industry
10.3
Forward
10.8
More Details
18.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
18.3
vs History
52
vs Industry
33
Median 3Y
18.7
Median 5Y
18.5
Industry
14.6
Forward
17.4
More Details
16.1
EV/OCF
EV/OCF
Enterprise Value to OCF
16.1
vs History
77
vs Industry
25
Median 3Y
17
Median 5Y
16.8
Industry
11.1
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-74.4
Median 5Y
-58.6
Industry
16.8
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
28
vs Industry
49
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
More Details

Multiples Across Competitors

FTS Competitors Multiples
Fortis Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Fortis Inc
TSX:FTS
29.8B CAD 2.6 18.7 11.6 18.3
US
Nextera Energy Inc
NYSE:NEE
146.7B USD 5.6 21.2 15.3 25.9
US
Southern Co
NYSE:SO
90B USD 3.4 19.1 12.4 21.7
ES
Iberdrola SA
MAD:IBE
84.8B EUR 1.9 12.7 7 10.6
US
Duke Energy Corp
NYSE:DUK
82.9B USD 2.8 19.8 11.6 21.3
IT
Enel SpA
MIL:ENEL
69.1B EUR 0.6 7.9 4 5.4
US
Constellation Energy Corp
NASDAQ:CEG
69.9B USD 2.9 24.6 12.5 22.8
US
PG&E Corp
NYSE:PCG
51.4B USD 2.1 18.8 11.7 20.8
US
American Electric Power Company Inc
NASDAQ:AEP
48.8B USD 2.5 18.6 12.3 22.3
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
DK
Oersted A/S
SWB:D2G
39.4B EUR 4.6 58.2 24.3 24.3
P/E Multiple
Earnings Growth P/E to Growth
CA
Fortis Inc
TSX:FTS
Average P/E: 22
18.7
17%
1.1
US
Nextera Energy Inc
NYSE:NEE
21.2
14%
1.6
US
Southern Co
NYSE:SO
19.1
31%
0.6
ES
Iberdrola SA
MAD:IBE
12.7
24%
0.5
US
Duke Energy Corp
NYSE:DUK
19.8
93%
0.2
IT
Enel SpA
MIL:ENEL
7.9
112%
0.1
US
Constellation Energy Corp
NASDAQ:CEG
24.6
93%
0.3
US
PG&E Corp
NYSE:PCG
18.8
91%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
18.6
53%
0.3
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
DK
O
Oersted A/S
SWB:D2G
58.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Fortis Inc
TSX:FTS
Average EV/EBITDA: 12.3
11.6
27%
0.4
US
Nextera Energy Inc
NYSE:NEE
15.3
24%
0.6
US
Southern Co
NYSE:SO
12.4
28%
0.4
ES
Iberdrola SA
MAD:IBE
7
16%
0.4
US
Duke Energy Corp
NYSE:DUK
11.6
25%
0.5
IT
Enel SpA
MIL:ENEL
4
1%
4.7
US
Constellation Energy Corp
NASDAQ:CEG
12.5
28%
0.4
US
PG&E Corp
NYSE:PCG
11.7
60%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
12.3
38%
0.3
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
DK
O
Oersted A/S
SWB:D2G
24.3
153%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Fortis Inc
TSX:FTS
Average EV/EBIT: 19.3
18.3
22%
0.8
US
Nextera Energy Inc
NYSE:NEE
25.9
26%
1
US
Southern Co
NYSE:SO
21.7
46%
0.5
ES
Iberdrola SA
MAD:IBE
10.6
21%
0.5
US
Duke Energy Corp
NYSE:DUK
21.3
35%
0.6
IT
Enel SpA
MIL:ENEL
5.4
1%
3.8
US
Constellation Energy Corp
NASDAQ:CEG
22.8
161%
0.1
US
PG&E Corp
NYSE:PCG
20.8
99%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
22.3
56%
0.4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
DK
O
Oersted A/S
SWB:D2G
24.3
64%
0.4

See Also

Summary
FTS intrinsic value, competitors valuation, and company profile.
DCF Valuation
FTS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FTS stock valuation using valuation multiples.
Wall Street Estimates
FTS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FTS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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