FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-F - CA3495538678
23.57 CAD
-0.12 (-0.51%)
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. There are concerns on the financial health of FTS-PR-F while its profitability can be described as average. FTS-PR-F has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-F was profitable.
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.
1.2 Ratios
The Return On Assets of FTS-PR-F (2.27%) is worse than 77.78% of its industry peers.
FTS-PR-F has a Return On Equity of 6.97%. This is in the lower half of the industry: FTS-PR-F underperforms 77.78% of its industry peers.
FTS-PR-F's Return On Invested Capital of 4.20% is fine compared to the rest of the industry. FTS-PR-F outperforms 72.22% 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 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-F is below the current ROIC(4.20%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
With a decent Profit Margin value of 14.02%, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-F's Profit Margin has declined in the last couple of years.
FTS-PR-F's Operating Margin of 28.97% is fine compared to the rest 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.
Looking at the Gross Margin, with a value of 72.57%, FTS-PR-F is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
In the last couple of years the Gross Margin of FTS-PR-F has remained more or less at the same level.
| Industry Rank | Sector 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%
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.
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.
Compared to 1 year ago, FTS-PR-F has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that FTS-PR-F is in the distress zone and has some risk of bankruptcy.
FTS-PR-F's Altman-Z score of 0.53 is fine compared to the rest of the industry. FTS-PR-F outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-F has dependencies on debt 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.89
WACC4.74%
2.3 Liquidity
A Current Ratio of 0.66 indicates that FTS-PR-F may have some problems paying its short term obligations.
The Current ratio of FTS-PR-F (0.66) is worse than 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.
With a Quick ratio value of 0.54, 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 | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
FTS-PR-F shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.26%.
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.
Looking at the last year, FTS-PR-F shows a small growth in Revenue. The Revenue has grown by 5.21% in the last 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 6.39% yearly.
The Revenue is expected to grow by 3.98% on average over the next years.
EPS Next Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 6.93, which indicates a rather cheap valuation of FTS-PR-F.
Based on the Price/Earnings ratio, FTS-PR-F is valued a bit more expensive than 61.11% of the companies in the same industry.
FTS-PR-F's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.49.
With a Price/Forward Earnings ratio of 6.48, 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 61.11% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. FTS-PR-F is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 6.48 |
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 | 8.25 |
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.
The decent profitability rating of FTS-PR-F may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)1.36
EPS Next 2Y5.27%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
FTS-PR-F has a Yearly Dividend Yield of 3.60%.
Compared to an average industry Dividend Yield of 4.03, FTS-PR-F is paying slightly less dividend.
FTS-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
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
50.83% of the earnings are spent on dividend by FTS-PR-F. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-F is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP50.83%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
TSX:FTS-PR-F (12/5/2025, 7:00:00 PM)
23.57
-0.12 (-0.51%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners56.48%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap11.91B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target24.96 (5.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years0
Div Non Decr Years18
Ex-Date
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)1.89%
PT rev (3m)3.95%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.93%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)2.06%
Revenue NY rev (3m)-1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 6.48 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 2.97 | ||
| P/B | 0.49 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.4
EY14.43%
EPS(NY)3.63
Fwd EY15.42%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY33.63%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.93
PEG (5Y)1.36
Graham Number60.52
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC4.74%
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)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
EPS Next Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
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 5Y3.98%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26.15%
EBIT Next 5Y18.99%
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.
Can you provide the valuation status for FORTIS INC - FTSCN 4.9 PERP?
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.
How profitable is FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) stock?
FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) has a profitability rating of 6 / 10.
What is the expected EPS growth for FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) stock?
The Earnings per Share (EPS) of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) is expected to grow by 7.44% in the next year.
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%.