FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis
TSX:FTS-PR-F - CA3495538678
23.8 CAD
-0.2 (-0.83%)
We assign a fundamental rating of 4 out of 10 to FTS-PR-F. FTS-PR-F was compared to 18 industry peers in the Electric Utilities industry. FTS-PR-F has a medium profitability rating, but doesn't score so well on its financial health evaluation. FTS-PR-F has a decent growth rate and is not valued too expensively. 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.
In the past year FTS-PR-F had a positive cash flow from operations.
In the past 5 years FTS-PR-F has always been profitable.
FTS-PR-F had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FTS-PR-F (2.33%) is comparable to the rest of the industry.
FTS-PR-F has a Return On Equity (7.19%) which is in line with its industry peers.
FTS-PR-F has a better Return On Invested Capital (4.27%) than 61.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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 in line compared to the rest of the industry. FTS-PR-F outperforms 55.56% of its industry peers.
FTS-PR-F's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 28.90%, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of FTS-PR-F has remained more or less at the same level.
FTS-PR-F has a Gross Margin of 72.37%. This is in the better half of the industry: FTS-PR-F outperforms 66.67% of its industry peers.
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.
FTS-PR-F has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FTS-PR-F has been increased compared to 5 years ago.
FTS-PR-F has a worse debt/assets ratio than last year.
2.2 Solvency
FTS-PR-F has an Altman-Z score of 0.52. This is a bad value and indicates that FTS-PR-F is not financially healthy and even has some risk of bankruptcy.
FTS-PR-F has a better Altman-Z score (0.52) than 77.78% of its industry peers.
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 better Debt to Equity ratio (1.33) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.85
WACC5.02%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-F may have some problems paying its short term obligations.
FTS-PR-F's Current ratio of 0.58 is on the low side compared to the rest of the industry. FTS-PR-F is outperformed by 83.33% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.47, FTS-PR-F is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
FTS-PR-F shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.86%, which is quite good.
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.
Measured over the past years, FTS-PR-F shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
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
The Earnings Per Share is expected to grow by 5.71% on average over the next years.
The Revenue is expected to grow by 3.61% on average over the next years.
EPS Next Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.71%
Revenue Next Year8.67%
Revenue Next 2Y6.7%
Revenue Next 3Y9.98%
Revenue Next 5Y3.61%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.92 indicates a rather cheap valuation of FTS-PR-F.
FTS-PR-F's Price/Earnings ratio is a bit more expensive when compared to the industry. FTS-PR-F is more expensive than 72.22% of the companies in the same industry.
When comparing the Price/Earnings ratio of FTS-PR-F to the average of the S&P500 Index (27.06), we can say FTS-PR-F is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.56, the valuation of FTS-PR-F can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTS-PR-F is on the same level as its industry peers.
FTS-PR-F is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.92 | ||
| Fwd PE | 6.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTS-PR-F is valued a bit more expensive than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.33 |
4.3 Compensation for Growth
FTS-PR-F's 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)0.93
PEG (5Y)1.36
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
FTS-PR-F has a Yearly Dividend Yield of 5.84%, which is a nice return.
FTS-PR-F's Dividend Yield is rather good when compared to the industry average which is at 5.15. FTS-PR-F pays more dividend than 94.44% of the companies in the same industry.
FTS-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
5.2 History
The dividend of FTS-PR-F has a limited annual growth rate of 5.61%.
FTS-PR-F has paid a dividend for at least 10 years, which is 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
49.62% of the earnings are spent on dividend by FTS-PR-F. 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 (9/5/2025, 7:00:00 PM)
23.8
-0.2 (-0.83%)
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 Cap11.99B
Analysts64.76
Price Target24.02 (0.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
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)-1.66%
PT rev (3m)11.9%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)1.63%
EPS NY rev (1m)2.3%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.99%
Revenue NY rev (3m)3.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.92 | ||
| Fwd PE | 6.56 | ||
| P/S | 1.01 | ||
| P/FCF | N/A | ||
| P/OCF | 2.78 | ||
| P/B | 0.51 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 8.33 |
EPS(TTM)3.44
EY14.45%
EPS(NY)3.63
Fwd EY15.23%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY36.02%
SpS23.58
BVpS46.91
TBVpS18.87
PEG (NY)0.93
PEG (5Y)1.36
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
WACC5.02%
ROIC/WACC0.85
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 5Y5.71%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year8.67%
Revenue Next 2Y6.7%
Revenue Next 3Y9.98%
Revenue Next 5Y3.61%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y17.8%
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%