Valuation Fortis Inc. Toronto S.E.

Stocks

Market Closed - Toronto S.E. Other stock markets 15:00:07 2026-08-07 EDT			5-day change	1st Jan Change
25.51 ^CAD	-0.16%		+0.04%	+3.03%

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	39,835	-	-
Change	-	-9.83%	2.32%	12%	20.02%	11.29%	-	-
Enterprise Value (EV) ¹	54,645	54,815	55,991	62,915	69,708	77,012	79,268	80,907
Change	-	0.31%	2.15%	12.37%	10.8%	10.48%	2.93%	2.07%
P/E	23.4x	19.5x	17.6x	18.4x	21x	21.6x	20.3x	19x
PBR	1.5x	1.24x	1.24x	1.25x	1.52x	1.74x	1.58x	1.53x
PEG	-	2.99x	1.5x	4.07x	4.25x	3.27x	3.09x	2.85x
Capitalization / Revenue	3.05x	2.36x	2.31x	2.59x	2.94x	2.94x	2.86x	2.73x
EV / Revenue	5.78x	4.96x	4.86x	5.47x	5.73x	5.68x	5.7x	5.54x
EV / EBITDA	13.8x	12.4x	11.5x	12.1x	12.6x	12.5x	12x	11.2x
EV / EBIT	22.1x	20x	18.2x	19.1x	20x	20.2x	19x	17.8x
EV / FCF	-114x	-69.3x	-89.7x	-47.1x	-32.1x	-109x	-325x	219x
FCF Yield	-0.88%	-1.44%	-1.11%	-2.12%	-3.12%	-0.92%	-0.31%	0.46%
Dividend per Share ²	2.05	2.17	2.29	2.39	2.49	2.593	2.708	2.832
Rate of return	3.36%	4.01%	4.2%	4%	3.49%	3.31%	3.46%	3.62%
EPS ²	2.61	2.78	3.1	3.24	3.4	3.625	3.863	4.121
Distribution rate	78.5%	78.1%	73.9%	73.8%	73.2%	71.5%	70.1%	68.7%
Net sales ¹	9,448	11,043	11,517	11,508	12,170	13,567	13,907	14,591
EBITDA ¹	3,974	4,408	4,857	5,219	5,549	6,152	6,611	7,207
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	1,859	1,980	2,177
Net Debt ¹	25,784	28,792	29,364	33,092	33,914	37,178	39,433	41,073
Reference price ²	61.03	54.18	54.51	59.73	71.36	78.24	78.24	78.24
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
GE VERNOVA INC.	32.1x	5.45x	39.58x	0.2%	264B
NEXTERA ENERGY	21.03x	9.09x	15.44x	2.91%	177B
IBERDROLA, S.A.	20.36x	4.21x	11.58x	3.51%	155B
ENEL S.P.A.	13.83x	1.95x	6.94x	5.12%	115B
SOUTHERN COMPANY	20.67x	5.94x	13.17x	3.27%	107B
DUKE ENERGY CORPORATION	18.49x	5.64x	11.29x	3.51%	97.35B
CONSTELLATION ENERGY CORPORATION	20.97x	3.13x	13.53x	0.63%	95.62B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.6x	5.1x	12.33x	3.07%	68.45B
DOMINION ENERGY, INC.	18.73x	6.22x	13.34x	3.96%	59.27B
Average	20.64x	5.19x	15.24x	2.91%	126.46B
Weighted average by Cap.	22.31x	5.38x	18.62x	2.55%