FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-F - CA3495538678
23.18 CAD
-0.06 (-0.26%)
FTS-PR-F gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. While FTS-PR-F has a great profitability rating, there are quite some concerns on its financial health. FTS-PR-F is not valued too expensively and it also shows a decent growth rate. FTS-PR-F also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FTS-PR-F had positive earnings in the past year.
FTS-PR-F had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-F has been profitable.
In the past 5 years FTS-PR-F always reported a positive cash flow from operatings.
1.2 Ratios
FTS-PR-F's Return On Assets of 2.33% is fine compared to the rest of the industry. FTS-PR-F outperforms 66.67% of its industry peers.
With a decent Return On Equity value of 7.19%, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-F has a better Return On Invested Capital (4.27%) than 72.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-F is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-F is above the 3 year average (4.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.19% | ||
| ROIC | 4.27% |
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
1.3 Margins
FTS-PR-F's Profit Margin of 14.31% is fine compared to the rest of the industry. FTS-PR-F outperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-F has declined.
FTS-PR-F has a Operating Margin of 28.90%. This is in the better half of the industry: FTS-PR-F outperforms 77.78% of its industry peers.
FTS-PR-F's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 72.37%, FTS-PR-F is doing good in the industry, outperforming 77.78% of the companies in the same industry.
FTS-PR-F's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.9% | ||
| PM (TTM) | 14.31% | ||
| GM | 72.37% |
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
FTS-PR-F has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FTS-PR-F has been increased compared to 1 year ago.
FTS-PR-F has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FTS-PR-F is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.52, we must say that FTS-PR-F is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.52, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-F has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
FTS-PR-F has a Debt to Equity ratio of 1.33. This is in the better half of the industry: FTS-PR-F outperforms 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.89
WACC4.77%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-F may have some problems paying its short term obligations.
With a Current ratio value of 0.58, FTS-PR-F is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
FTS-PR-F has a Quick Ratio of 0.58. This is a bad value and indicates that FTS-PR-F is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.47, FTS-PR-F is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.86% over the past year.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
Looking at the last year, FTS-PR-F shows a small growth in Revenue. The Revenue has grown by 4.22% in the last year.
FTS-PR-F shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)8.86%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%13.43%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
3.2 Future
Based on estimates for the next years, FTS-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 5.63% on average per year.
Based on estimates for the next years, FTS-PR-F will show a small growth in Revenue. The Revenue will grow by 3.53% on average per year.
EPS Next Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.63%
Revenue Next Year7.11%
Revenue Next 2Y5.79%
Revenue Next 3Y9.98%
Revenue Next 5Y3.53%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.74, the valuation of FTS-PR-F can be described as very cheap.
FTS-PR-F's Price/Earnings ratio is in line with the industry average.
FTS-PR-F's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.32.
With a Price/Forward Earnings ratio of 6.39, the valuation of FTS-PR-F can be described as very cheap.
61.11% of the companies in the same industry are more expensive than FTS-PR-F, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.89. FTS-PR-F is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.74 | ||
| Fwd PE | 6.39 |
4.2 Price Multiples
61.11% of the companies in the same industry are cheaper than FTS-PR-F, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTS-PR-F has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.91
PEG (5Y)1.33
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.72%, FTS-PR-F is a good candidate for dividend investing.
FTS-PR-F's Dividend Yield is a higher than the industry average which is at 5.05.
FTS-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
5.2 History
The dividend of FTS-PR-F has a limited annual growth rate of 5.61%.
FTS-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-F has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
FTS-PR-F pays out 49.62% of its income as dividend. This is a bit on the high side, but may be sustainable.
FTS-PR-F's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP49.62%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
TSX:FTS-PR-F (9/24/2025, 7:00:00 PM)
23.18
-0.06 (-0.26%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners55.26%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap11.67B
Analysts64.76
Price Target24.66 (6.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years0
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.58%
Min EPS beat(2)1.78%
Max EPS beat(2)7.39%
EPS beat(4)4
Avg EPS beat(4)3.2%
Min EPS beat(4)1.1%
Max EPS beat(4)7.39%
EPS beat(8)8
Avg EPS beat(8)2.61%
EPS beat(12)11
Avg EPS beat(12)2.94%
EPS beat(16)11
Avg EPS beat(16)1.01%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-0.12%
Max Revenue beat(2)1.3%
Revenue beat(4)1
Avg Revenue beat(4)-4.01%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)1.3%
Revenue beat(8)1
Avg Revenue beat(8)-4.67%
Revenue beat(12)4
Avg Revenue beat(12)-0.26%
Revenue beat(16)8
Avg Revenue beat(16)1.34%
PT rev (1m)3.12%
PT rev (3m)8.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.63%
EPS NY rev (1m)0%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.44%
Revenue NY rev (3m)1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.74 | ||
| Fwd PE | 6.39 | ||
| P/S | 0.98 | ||
| P/FCF | N/A | ||
| P/OCF | 2.7 | ||
| P/B | 0.49 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 8.26 |
EPS(TTM)3.44
EY14.84%
EPS(NY)3.63
Fwd EY15.64%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY36.98%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)0.91
PEG (5Y)1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.19% | ||
| ROCE | 5.15% | ||
| ROIC | 4.27% | ||
| ROICexc | 4.28% | ||
| ROICexgc | 5.43% | ||
| OM | 28.9% | ||
| PM (TTM) | 14.31% | ||
| GM | 72.37% | ||
| FCFM | N/A |
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
ROICexc(3y)4.12%
ROICexc(5y)4.06%
ROICexgc(3y)5.36%
ROICexgc(5y)5.34%
ROCE(3y)4.93%
ROCE(5y)4.87%
ROICexcg growth 3Y0.42%
ROICexcg growth 5Y-1.68%
ROICexc growth 3Y1.61%
ROICexc growth 5Y-0.39%
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score5
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.78 | ||
| Cap/Depr | 302.94% | ||
| Cap/Sales | 51.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 0.52 |
F-Score5
WACC4.77%
ROIC/WACC0.89
Cap/Depr(3y)245.88%
Cap/Depr(5y)249.09%
Cap/Sales(3y)38.85%
Cap/Sales(5y)39.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.86%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%13.43%
EPS Next Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.63%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year7.11%
Revenue Next 2Y5.79%
Revenue Next 3Y9.98%
Revenue Next 5Y3.53%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y17.7%
FCF growth 1Y-175.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.44%
OCF growth 3Y10.12%
OCF growth 5Y7.71%