Fortis Inc
TSX:FTS
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Fortis Inc
TSX:FTS
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CA |
Intrinsic Value
The intrinsic value of Fortis Inc (FTS) under the Base Case is 61.42 CAD per share.
Compared with the current market price of 80.78 CAD, the stock appears
Overvalued by 24% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Fortis Does
Fortis Inc. is a utility holding company that owns electric and natural gas businesses in Canada, the United States, and the Caribbean. Its core job is simple: deliver power and gas through regulated networks of wires, poles, pipes, substations, and power plants. It sells an essential service rather than a branded consumer product, so most of its customers are households, businesses, and local institutions that rely on it for everyday energy needs.
- Headquarters
- Canada CA
- Employees
- 9 900
- IPO date
- Mar 17, 1980
Fortis has no economic moat
Regulated prices limit Fortis’s freedom to charge more, while competing energy sources and transmission developers leave parts of its business open to competition. Its exclusive local service areas protect customer access, but do not provide unrestricted control over profits.
Read the full moat analysis
Revenue & Expenses Breakdown
Fortis Inc
Earnings Waterfall
Fortis Inc
The intrinsic value for Fortis Inc (FTS) under the Base Case is 61.42 CAD.
Compared with the current market price of 80.78 CAD, the stock appears Overvalued by 24% .