FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:FTS-PR-F • CA3495538678

24 CAD
0 (0%)
Last: Feb 4, 2026, 07:00 PM
Fundamental Rating

4

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. There are concerns on the financial health of FTS-PR-F while its profitability can be described as average. FTS-PR-F has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

6

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.
  • 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.
FTS-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFFTS-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B

1.2 Ratios

  • FTS-PR-F has a worse Return On Assets (2.27%) than 77.78% of its industry peers.
  • FTS-PR-F's Return On Equity of 6.97% is on the low side compared to the rest of the industry. FTS-PR-F is outperformed by 77.78% of its industry peers.
  • With a decent Return On Invested Capital value of 4.20%, FTS-PR-F is doing good in the industry, outperforming 72.22% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-F is in line with the industry average of 4.03%.
  • The last Return On Invested Capital (4.20%) for FTS-PR-F is above the 3 year average (4.10%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROIC 4.2%
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
FTS-PR-F.CA Yearly ROA, ROE, ROICFTS-PR-F.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • FTS-PR-F has a better Profit Margin (14.02%) than 66.67% of its industry peers.
  • FTS-PR-F's Profit Margin has declined in the last couple of years.
  • FTS-PR-F has a better Operating Margin (28.97%) than 77.78% of its industry peers.
  • 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's Gross Margin of 72.57% is fine compared to the rest of the industry. FTS-PR-F outperforms 77.78% of its industry peers.
  • In the last couple of years the Gross Margin of FTS-PR-F has remained more or less at the same level.
Industry RankSector Rank
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
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%
FTS-PR-F.CA Yearly Profit, Operating, Gross MarginsFTS-PR-F.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTS-PR-F is destroying value.
  • Compared to 1 year ago, FTS-PR-F has more shares outstanding
  • The number of shares outstanding for FTS-PR-F has been increased compared to 5 years ago.
  • The debt/assets ratio for FTS-PR-F is higher compared to a year ago.
FTS-PR-F.CA Yearly Shares OutstandingFTS-PR-F.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
FTS-PR-F.CA Yearly Total Debt VS Total AssetsFTS-PR-F.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • FTS-PR-F has an Altman-Z score of 0.53. 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 (0.53) than 66.67% of its industry peers.
  • FTS-PR-F has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.35, FTS-PR-F is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Altman-Z 0.53
ROIC/WACC0.87
WACC4.8%
FTS-PR-F.CA Yearly LT Debt VS Equity VS FCFFTS-PR-F.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 0.66 indicates that FTS-PR-F may have some problems paying its short term obligations.
  • FTS-PR-F has a Current ratio of 0.66. This is in the lower half of the industry: FTS-PR-F underperforms 72.22% of its industry peers.
  • A Quick Ratio of 0.54 indicates that FTS-PR-F may have some problems paying its short term obligations.
  • FTS-PR-F has a worse Quick ratio (0.54) than 72.22% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
FTS-PR-F.CA Yearly Current Assets VS Current LiabilitesFTS-PR-F.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.26% over the past year.
  • FTS-PR-F shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
  • The Revenue has been growing slightly by 5.21% in the past year.
  • The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%

3.2 Future

  • FTS-PR-F is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.03% yearly.
  • The Revenue is expected to grow by 3.80% on average over the next years.
EPS Next Y7.47%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
EPS Next 5Y6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.8%

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.
FTS-PR-F.CA Yearly Revenue VS EstimatesFTS-PR-F.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B
FTS-PR-F.CA Yearly EPS VS EstimatesFTS-PR-F.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.06, which indicates a rather cheap valuation of FTS-PR-F.
  • 61.11% of the companies in the same industry are cheaper than FTS-PR-F, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of FTS-PR-F to the average of the S&P500 Index (28.25), we can say FTS-PR-F is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 6.60, the valuation of FTS-PR-F can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, FTS-PR-F is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of FTS-PR-F to the average of the S&P500 Index (27.50), we can say FTS-PR-F is valued rather cheaply.
Industry RankSector Rank
PE 7.06
Fwd PE 6.6
FTS-PR-F.CA Price Earnings VS Forward Price EarningsFTS-PR-F.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FTS-PR-F is valued a bit more expensive than 61.11% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.29
FTS-PR-F.CA Per share dataFTS-PR-F.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

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.
  • The decent profitability rating of FTS-PR-F may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)1.39
EPS Next 2Y5.33%
EPS Next 3Y5.59%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.54%, FTS-PR-F has a reasonable but not impressive dividend return.
  • FTS-PR-F's Dividend Yield is slightly below the industry average, which is at 3.94.
  • Compared to an average S&P500 Dividend Yield of 1.82, FTS-PR-F pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.54%

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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years18
FTS-PR-F.CA Yearly Dividends per shareFTS-PR-F.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • FTS-PR-F pays out 50.83% 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.
DP50.83%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
FTS-PR-F.CA Yearly Income VS Free CF VS DividendFTS-PR-F.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B 1.5B
FTS-PR-F.CA Dividend Payout.FTS-PR-F.CA Dividend Payout, showing the Payout Ratio.FTS-PR-F.CA Dividend Payout.PayoutRetained Earnings

FORTIS INC - FTSCN 4.9 PERP

TSX:FTS-PR-F (2/4/2026, 7:00:00 PM)

24

0 (0%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-04
Earnings (Next)02-12
Inst Owners56.44%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap12.13B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target25.48 (6.17%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.54%
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years0
Div Non Decr Years18
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-5.22%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.26%
Min EPS beat(4)-5.22%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)1.7%
EPS beat(12)10
Avg EPS beat(12)2.25%
EPS beat(16)11
Avg EPS beat(16)0.79%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.3%
Max Revenue beat(2)2.3%
Revenue beat(4)2
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)2.3%
Revenue beat(8)2
Avg Revenue beat(8)-3.45%
Revenue beat(12)4
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)1.43%
PT rev (1m)-1.41%
PT rev (3m)3.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.45%
Valuation
Industry RankSector Rank
PE 7.06
Fwd PE 6.6
P/S 1.01
P/FCF N/A
P/OCF 3.03
P/B 0.5
P/tB 1.24
EV/EBITDA 8.29
EPS(TTM)3.4
EY14.17%
EPS(NY)3.64
Fwd EY15.16%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY33.02%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.95
PEG (5Y)1.39
Graham Number60.52
Profitability
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROCE 5.06%
ROIC 4.2%
ROICexc 4.22%
ROICexgc 5.33%
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
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%
ROICexgc growth 3Y0.42%
ROICexgc 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-Score4
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Debt/EBITDA 5.92
Cap/Depr 304.79%
Cap/Sales 51.77%
Interest Coverage 250
Cash Conversion 72.4%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.54
Altman-Z 0.53
F-Score4
WACC4.8%
ROIC/WACC0.87
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)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
EPS Next Y7.47%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
EPS Next 5Y6.03%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.8%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26%
EBIT Next 5Y17.54%
FCF growth 1Y-510.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.21%
OCF growth 3Y10.12%
OCF growth 5Y7.71%

FORTIS INC - FTSCN 4.9 PERP / FTS-PR-F.CA FAQ

What is the fundamental rating for FTS-PR-F stock?

ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-F.CA.


What is the valuation status of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA). This can be considered as Fairly Valued.


What is the profitability of FTS-PR-F stock?

FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) has a profitability rating of 6 / 10.


How financially healthy is FORTIS INC - FTSCN 4.9 PERP?

The financial health rating of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) is 1 / 10.


Can you provide the dividend sustainability for FTS-PR-F stock?

The dividend rating of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) is 6 / 10 and the dividend payout ratio is 50.83%.