SGX:1H3 12 December 2025

April 10, 2026, 3:50 PM EDT. Fortis has delivered a 75.3% return over five years, sparking debate on its current valuation. The stock closed at C$79.30, marking steady gains but underperforming peers with 29.9% year-to-date return. A Discounted Cash Flow (DCF) model, which estimates the company's intrinsic value by forecasting future cash flows and discounting them to present value, values Fortis at approximately C$163.46 per share. This implies the stock is 51.5% undervalued versus its current price, suggesting potential upside. However, the company's recent free cash flow showed a loss of C$1,339.6 million, expected to turn positive by 2030. Fortis scores a moderate 3 out of 6 on Simply Wall St's valuation checklist, reflecting mixed signals for investors. Analysts note that while Fortis provides stability and income as a regulated utility, its price reflects cautious risk and growth expectations.