Company Analysis Fortis Inc.
1. Summary
Advantages
- Dividends (4.14%) are higher than the sector average (3.25%).
- Current debt level 44.98% is below 100% and has decreased over 5 years from 45.99%.
Disadvantages
- Price (46.2 $) is higher than fair price (39.12 $)
- The stock's return over the last year (1.77%) is lower than the sector average (4.95%).
- The company's current efficiency (ROE=7.31%) is lower than the sector average (ROE=11.7%)
Similar companies
2. Share price and performance
2.1. Share price
2.2. News
2.3. Market efficiency
| Fortis Inc. | Utilities | Index | |
|---|---|---|---|
| 7 days | 0.3% | 1.1% | -2.2% |
| 90 days | -8.1% | -8.1% | 3.6% |
| 1 year | 1.8% | 5% | 23.8% |
FTS vs Sector: Fortis Inc. has slightly underperformed the "Utilities" sector by -3.18% over the past year.
FTS vs Market: Fortis Inc. has significantly underperformed the market by -22.07% over the past year.
Stable price: FTS is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.
Long period: FTS with weekly volatility of 0.0341% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (46.2 $) is higher than the fair price (39.12 $).
Price is higher than fair: The current price (46.2 $) is 15.3% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (16.68) is lower than that of the sector as a whole (25.04).
P/E vs Market: The company's P/E (16.68) is lower than that of the market as a whole (47.37).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (1.12) is lower than that of the sector as a whole (2.28).
P/BV vs Market: The company's P/BV (1.12) is lower than that of the market as a whole (22.69).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (2.28) is lower than that of the sector as a whole (2.62).
P/S vs Market: The company's P/S indicator (2.28) is lower than that of the market as a whole (15.16).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (11.11) is higher than that of the sector as a whole (6.51).
EV/Ebitda vs Market: The company's EV/Ebitda (11.11) is lower than that of the market as a whole (17.77).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Negative and has fallen by -1.73% over the last 5 years.
Accelerating profitability: The return for the last year (0%) exceeds the average return for 5 years (-1.73%).
Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-8.71%).
5.4. ROE
ROE vs Sector: The company's ROE (7.31%) is lower than that of the sector as a whole (11.7%).
ROE vs Market: The company's ROE (7.31%) is lower than that of the market as a whole (17.14%).
5.5. ROA
ROA vs Sector: The company's ROA (2.39%) is lower than that of the sector as a whole (3.22%).
ROA vs Market: The company's ROA (2.39%) is lower than that of the market as a whole (6.51%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (6.26%).
ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (9.31%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 4.14% is higher than the average for the sector '3.25%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 4.14% has been steadily paid over the past 7 years, DSI=0.93.
Weak dividend growth: The company's dividend yield 4.14% has been growing weakly or stagnant over the past 5 years. Growth over only 0 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (48.82%) are at a comfortable level.
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