Fortis Inc. (FTS)
Fortis Statistics
Share Statistics
Fortis has 501.6M shares outstanding. The number of shares has increased by 1.28% in one year.
| Shares Outstanding | 501.6M |
| Shares Change (YoY) | 1.28% |
| Shares Change (QoQ) | 0.4% |
| Owned by Institutions (%) | 50.81% |
| Shares Floating | 500.99M |
| Failed to Deliver (FTD) Shares | 10.27K |
| FTD / Avg. Volume | 1.5% |
Short Selling Information
The latest short interest is 8.2M, so 1.63% of the outstanding shares have been sold short.
| Short Interest | 8.2M |
| Short % of Shares Out | 1.63% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 13.43 |
Valuation Ratios
The PE ratio is 17.63 and the forward PE ratio is 13.27. Fortis's PEG ratio is 1.86.
| PE Ratio | 17.63 |
| Forward PE | 13.27 |
| PS Ratio | 2.57 |
| Forward PS | 1.8 |
| PB Ratio | 1.24 |
| P/FCF Ratio | -22.17 |
| PEG Ratio | 1.86 |
Enterprise Valuation
Fortis has an Enterprise Value (EV) of 63.09B.
| EV / Sales | 5.48 |
| EV / EBITDA | 11.46 |
| EV / EBIT | 16.25 |
| EV / FCF | -47.23 |
Financial Position
The company has a current ratio of 0.63, with a Debt / Equity ratio of 1.42.
| Current Ratio | 0.63 |
| Quick Ratio | 0.52 |
| Debt / Equity | 1.42 |
| Debt / EBITDA | 6.12 |
| Debt / FCF | -25.23 |
| Interest Coverage | 2.34 |
Financial Efficiency
Return on Equity is 7.06% and Return on Invested Capital is 3.98%.
| Return on Equity | 7.06% |
| Return on Assets | 2.29% |
| Return on Invested Capital | 3.98% |
| Revenue Per Employee | $1.17M |
| Profits Per Employee | $170.59K |
| Employee Count | 9,848 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 4.74 |
Taxes
| Income Tax | 346M |
| Effective Tax Rate | 15.92% |
Stock Price Statistics
The stock price has increased by 27.52% in the last 52 weeks. The beta is 0.31, so Fortis's price volatility has been higher than the market average.
| Beta | 0.31 |
| 52-Week Price Change | 27.52% |
| 50-Day Moving Average | 44.71 |
| 200-Day Moving Average | 43.44 |
| Relative Strength Index (RSI) | 64.53 |
| Average Volume (20 Days) | 684.3K |
Income Statement
In the last 12 months, Fortis had revenue of 11.51B and earned 1.68B in profits. Earnings per share was 3.24.
| Revenue | 11.51B |
| Gross Profit | 8.26B |
| Operating Income | 3.29B |
| Net Income | 1.68B |
| EBITDA | 5.51B |
| EBIT | 3.58B |
| Earnings Per Share (EPS) | 3.24 |
Balance Sheet
The company has 220M in cash and 33.7B in debt, giving a net cash position of -33.48B.
| Cash & Cash Equivalents | 220M |
| Total Debt | 33.7B |
| Net Cash | -33.48B |
| Retained Earnings | 4.52B |
| Total Assets | 73.49B |
| Working Capital | -2.24B |
Cash Flow
In the last 12 months, operating cash flow was 3.88B and capital expenditures -5.22B, giving a free cash flow of -1.34B.
| Operating Cash Flow | 3.88B |
| Capital Expenditures | -5.22B |
| Free Cash Flow | -1.34B |
| FCF Per Share | -2.7 |
Margins
Gross margin is 71.77%, with operating and profit margins of 28.61% and 14.6%.
| Gross Margin | 71.77% |
| Operating Margin | 28.61% |
| Pretax Margin | 18.89% |
| Profit Margin | 14.6% |
| EBITDA Margin | 47.85% |
| EBIT Margin | 28.61% |
| FCF Margin | -11.61% |
Dividends & Yields
FTS pays an annual dividend of $2.15, which amounts to a dividend yield of 3.62%.
| Dividend Per Share | $2.15 |
| Dividend Yield | 3.62% |
| Dividend Growth (YoY) | -3.67% |
| Payout Ratio | 93.65% |
| Earnings Yield | 5.67% |
| FCF Yield | -4.51% |
Analyst Forecast
Currently there are no analyst rating for FTS.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Scores
| Altman Z-Score | 0.66 |
| Piotroski F-Score | 5 |