Valuation Fortis Inc. Toronto S.E.

Stocks

Market Closed - Toronto S.E. 15:41:02 2026-10-02 EDT			5-day change	1st Jan Change
24.65 ^CAD	0.00%		-0.48%	+3.35%

08-04	Fortis Price Target Raised to C$89 at RBC	MT
08-03	RBC Capital Adjusts Fortis Price Target to CA$89 From CA$80, Maintains Sector Perform Rating	MT

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	38,343	-	-
Change	-	-9.83%	2.32%	12%	20.02%	7.12%	-	-
Enterprise Value (EV) ¹	54,645	54,815	55,991	62,915	69,708	75,156	77,531	78,980
Change	-	0.31%	2.15%	12.37%	10.8%	7.82%	3.16%	1.87%
P/E	23.4x	19.5x	17.6x	18.4x	21x	20.7x	19.4x	18.2x
PBR	1.5x	1.24x	1.24x	1.25x	1.52x	1.58x	1.52x	1.47x
PEG	-	2.99x	1.5x	4.07x	4.25x	2.98x	2.96x	2.65x
Capitalization / Revenue	3.05x	2.36x	2.31x	2.59x	2.94x	2.89x	2.73x	2.59x
EV / Revenue	5.78x	4.96x	4.86x	5.47x	5.73x	5.67x	5.53x	5.33x
EV / EBITDA	13.8x	12.4x	11.5x	12.1x	12.6x	12.2x	11.7x	10.9x
EV / EBIT	22.1x	20x	18.2x	19.1x	20x	19.5x	18.7x	17.3x
EV / FCF	-114x	-69.3x	-89.7x	-47.1x	-32.1x	280x	-296x	211x
FCF Yield	-0.88%	-1.44%	-1.11%	-2.12%	-3.12%	0.36%	-0.34%	0.47%
Dividend per Share ²	2.05	2.17	2.29	2.39	2.49	2.592	2.703	2.824
Rate of return	3.36%	4.01%	4.2%	4%	3.49%	3.44%	3.59%	3.75%
EPS ²	2.61	2.78	3.1	3.24	3.4	3.636	3.874	4.14
Distribution rate	78.5%	78.1%	73.9%	73.8%	73.2%	71.3%	69.8%	68.2%
Net sales ¹	9,448	11,043	11,517	11,508	12,170	13,257	14,033	14,813
EBITDA ¹	3,974	4,408	4,857	5,219	5,549	6,139	6,610	7,249
EBIT ¹	2,469	2,740	3,084	3,292	3,492	3,853	4,143	4,554
Net income ¹	1,231	1,330	1,506	1,606	1,714	1,869	1,976	2,199
Net Debt ¹	25,784	28,792	29,364	33,092	33,914	36,813	39,189	40,637
Reference price ²	61.03	54.18	54.51	59.73	71.36	75.31	75.31	75.31
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.($)
GE VERNOVA INC.	32.33x	5.43x	39.68x	0.2%	263B
NEXTERA ENERGY	19.08x	8.65x	14.98x	3.22%	160B
IBERDROLA, S.A.	20.13x	4.19x	11.54x	3.5%	152B
CHINA YANGTZE POWER CO., LTD.	19.27x	10.9x	14.22x	3.62%	104B
ENEL S.P.A.	12.09x	1.81x	6.41x	5.87%	98.27B
SOUTHERN COMPANY	18.73x	5.63x	12.36x	3.63%	96.31B
CONSTELLATION ENERGY CORPORATION	20.56x	3.13x	12.75x	0.66%	91.23B
DUKE ENERGY CORPORATION	16.92x	5.4x	10.84x	3.82%	88.99B
AMERICAN ELECTRIC POWER COMPANY, INC.	18.58x	5.02x	12.14x	3.22%	65.09B
Average	19.74x	5.57x	14.99x	3.08%	124.4B
Weighted average by Cap.	21.63x	5.72x	18.60x	2.69%