Fortis Net Worth
Fortis Net Worth Breakdown | FTS |
Fortis Net Worth Analysis
Fortis' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Fortis' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Fortis' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Fortis' net worth analysis. One common approach is to calculate Fortis' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Fortis' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Fortis' net worth. This approach calculates the present value of Fortis' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Fortis' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Fortis' net worth. This involves comparing Fortis' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Fortis' net worth relative to its peers.
Enterprise Value |
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To determine if Fortis is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Fortis' net worth research are outlined below:
Fortis Inc has 33.7 B in debt with debt to equity (D/E) ratio of 1.27, which is OK given its current industry classification. Fortis Inc has a current ratio of 0.61, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fortis to invest in growth at high rates of return. | |
About 56.0% of Fortis shares are owned by institutional investors | |
Latest headline from pymnts.com: Fortis to Expand Embedded Payments Offerings After Securing Strategic Investment |
Fortis uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Fortis Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Fortis' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
9th of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
9th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Know Fortis' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Fortis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortis Inc backward and forwards among themselves. Fortis' institutional investor refers to the entity that pools money to purchase Fortis' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Bank Of Nova Scotia | 2024-12-31 | 6.5 M | Legal & General Group Plc | 2024-12-31 | 5.9 M | The Toronto-dominion Bank | 2024-12-31 | 5.2 M | Manufacturers Life Insurance Co | 2024-12-31 | 4.4 M | Norges Bank | 2024-12-31 | 4.4 M | Td Waterhouse Canada Inc | 2024-12-31 | 4.3 M | Geode Capital Management, Llc | 2024-12-31 | 4.3 M | Cibc Global Asset Management Inc | 2024-12-31 | 3.7 M | Public Sector Pension Investment Board | 2024-12-31 | 3.4 M | Royal Bank Of Canada | 2024-12-31 | 28.7 M | Bank Of Montreal | 2024-12-31 | 24.4 M |
Follow Fortis' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 22.43 B.Market Cap |
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Project Fortis' profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.05 | 0.08 | |
Return On Assets | 0.02 | 0.03 | |
Return On Equity | 0.07 | 0.09 |
When accessing Fortis' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Fortis' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Fortis' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Fortis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortis Inc. Check Fortis' Beneish M Score to see the likelihood of Fortis' management manipulating its earnings.
Evaluate Fortis' management efficiency
Fortis Inc has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0743 %, implying that it generated $0.0743 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2025. Return On Capital Employed is likely to gain to 0.08 in 2025. At this time, Fortis' Debt To Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.03 in 2025, whereas Intangibles To Total Assets are likely to drop 0.11 in 2025.Last Reported | Projected for Next Year | ||
Book Value Per Share | 52.23 | 54.84 | |
Tangible Book Value Per Share | 22.38 | 23.50 | |
Enterprise Value Over EBITDA | 11.45 | 7.98 | |
Price Book Value Ratio | 1.24 | 1.43 | |
Enterprise Value Multiple | 11.45 | 7.98 | |
Price Fair Value | 1.24 | 1.43 | |
Enterprise Value | 5.2 B | 2.6 B |
Understanding the operational decisions made by Fortis management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 5.8494 | Revenue | Quarterly Revenue Growth 0.022 | Revenue Per Share | Return On Equity |
Fortis Corporate Filings
6K | 21st of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
30th of December 2024 Other Reports | ViewVerify | |
9th of December 2024 Other Reports | ViewVerify | |
13A | 10th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Fortis Earnings per Share Projection vs Actual
Fortis Corporate Directors
Julie Dobson | Independent Director | Profile | |
Lawrence Borgard | Independent Director | Profile | |
Joseph Welch | Non - Independent Director | Profile | |
Jo Zurel | Independent Director | Profile |
Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.