Valuation Fortis Inc.

Stocks

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-07-31 EDT			5-day change	1st Jan Change
79.80 ^CAD	-0.93%		-3.84%	+11.83%

08:18am	RBC Capital Adjusts Fortis Price Target to CA$89 From CA$80, Maintains Sector Perform Rating	MT
07-31	Fortis Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	28,861	26,023	26,627	29,823	35,794	40,629	-	-
Change	-	-9.83%	2.32%	12%	20.02%	13.51%	-	-
Enterprise Value (EV) ¹	54,645	54,815	55,991	62,915	69,708	77,265	80,126	81,702
Change	-	0.31%	2.15%	12.37%	10.8%	10.84%	3.7%	1.97%
P/E	23.4x	19.5x	17.6x	18.4x	21x	22x	20.7x	19.4x
PBR	1.5x	1.24x	1.24x	1.25x	1.52x	1.78x	1.61x	1.56x
PEG	-	2.99x	1.5x	4.07x	4.25x	3.27x	3.29x	2.84x
Capitalization / Revenue	3.05x	2.36x	2.31x	2.59x	2.94x	2.98x	2.92x	2.78x
EV / Revenue	5.78x	4.96x	4.86x	5.47x	5.73x	5.67x	5.76x	5.6x
EV / EBITDA	13.8x	12.4x	11.5x	12.1x	12.6x	12.2x	12.2x	11.4x
EV / EBIT	22.1x	20x	18.2x	19.1x	20x	20.3x	19.2x	17.9x
EV / FCF	-114x	-69.3x	-89.7x	-47.1x	-32.1x	-109x	-328x	221x
FCF Yield	-0.88%	-1.44%	-1.11%	-2.12%	-3.12%	-0.91%	-0.3%	0.45%
Dividend per Share ²	2.05	2.17	2.29	2.39	2.49	2.597	2.708	2.832
Rate of return	3.36%	4.01%	4.2%	4%	3.49%	3.25%	3.39%	3.55%
EPS ²	2.61	2.78	3.1	3.24	3.4	3.629	3.857	4.121
Distribution rate	78.5%	78.1%	73.9%	73.8%	73.2%	71.6%	70.2%	68.7%
Net sales ¹	9,448	11,043	11,517	11,508	12,170	13,637	13,904	14,591
EBITDA ¹	3,974	4,408	4,857	5,219	5,549	6,325	6,553	7,184
EBIT ¹	2,469	2,740	3,084	3,292	3,492	3,815	4,179	4,554
Net income ¹	1,231	1,330	1,506	1,606	1,714	1,860	2,002	2,177
Net Debt ¹	25,784	28,792	29,364	33,092	33,914	36,636	39,497	41,073
Reference price ²	61.03	54.18	54.51	59.73	71.36	79.80	79.80	79.80
Nbr of stocks (in thousands)	472,893	480,308	488,477	499,301	501,595	509,133	-	-
Announcement Date	2/11/22	2/10/23	2/9/24	2/14/25	2/12/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORTIS INC.	21.99x	5.67x	12.22x	3.26%	28.96B
GE VERNOVA INC.	32.19x	5.45x	39.63x	0.2%	264B
NEXTERA ENERGY	21.59x	9.15x	15.6x	2.84%	181B
IBERDROLA, S.A.	20.31x	4.2x	11.56x	3.52%	154B
ENEL S.P.A.	13.47x	1.93x	6.89x	5.24%	113B
SOUTHERN COMPANY	21.19x	6.03x	13.31x	3.2%	109B
DUKE ENERGY CORPORATION	18.56x	5.64x	11.34x	3.49%	97.78B
CONSTELLATION ENERGY CORPORATION	21.04x	3.26x	12.98x	0.65%	93.83B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.93x	5.21x	12.31x	3%	69.6B
DOMINION ENERGY, INC.	19.23x	6.49x	13.33x	3.86%	60.84B
Average	20.95x	5.30x	14.92x	2.93%	117.2B
Weighted average by Cap.	22.48x	5.46x	18.46x	2.55%