company background image
12F logo

Fortis DB:12F Stock Report

Last Price

€39.35

Market Cap

€19.9b

7D

-2.4%

1Y

6.7%

Updated

22 Dec, 2024

Data

Company Financials +

Fortis Inc.

DB:12F Stock Report

Market Cap: €19.9b

12F Stock Overview

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. More details

12F fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends4/6

Rewards

Trading at 15.7% below our estimate of its fair value

Earnings are forecast to grow 6.54% per year

Earnings grew by 6.4% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 4.1% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Fortis Inc. Competitors

EnBW Energie Baden-Württemberg

XTRA:EBK

€16.5b

Lechwerke

DB:LEC

€2.5b

RWE

XTRA:RWE

€21.0b

E.ON

XTRA:EOAN

€29.0b

Price History & Performance

Summary of share price highs, lows and changes for Fortis
Historical stock prices
Current Share PriceCA$39.35
52 Week HighCA$43.20
52 Week LowCA$34.62
Beta0.25
1 Month Change-8.76%
3 Month Change-2.16%
1 Year Change6.70%
3 Year Change-7.26%
5 Year Change6.93%
Change since IPO146.71%

Recent News & Updates

Recent updates

Shareholder Returns

12FDE Electric UtilitiesDE Market
7D-2.4%-1.7%-2.6%
1Y6.7%-4.1%6.9%

Return vs Industry: 12F exceeded the German Electric Utilities industry which returned -4.1% over the past year.

Return vs Market: 12F matched the German Market which returned 6.9% over the past year.

Price Volatility

Is 12F's price volatile compared to industry and market?
12F volatility
12F Average Weekly Movement2.7%
Electric Utilities Industry Average Movement3.5%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 12F has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 12F's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,600Dave Hutchenswww.fortisinc.com

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona’s Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada.

Fortis Inc. Fundamentals Summary

How do Fortis's earnings and revenue compare to its market cap?
12F fundamental statistics
Market cap€19.90b
Earnings (TTM)€1.06b
Revenue (TTM)€7.63b

18.8x

P/E Ratio

2.6x

P/S Ratio

Is 12F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
12F income statement (TTM)
RevenueCA$11.44b
Cost of RevenueCA$6.36b
Gross ProfitCA$5.09b
Other ExpensesCA$3.50b
EarningsCA$1.59b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.20
Gross Margin44.46%
Net Profit Margin13.90%
Debt/Equity Ratio129.8%

How did 12F perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

73%

Payout Ratio

Does 12F pay a reliable dividends?

See 12F dividend history and benchmarks
When do you need to buy 12F by to receive an upcoming dividend?
Fortis dividend dates
Ex Dividend DateFeb 18 2025
Dividend Pay DateMar 01 2025
Days until Ex dividend57 days
Days until Dividend pay date68 days

Does 12F pay a reliable dividends?

See 12F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fortis Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Daniel FordBarclays
Ross Allen FowlerBarclays