FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-F - CA3495538678
23.93 CAD
-0.11 (-0.46%)
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. While FTS-PR-F has a great profitability rating, there are quite some concerns on its financial health. FTS-PR-F is valued correctly, but it does not seem to be growing.
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.
In the past 5 years FTS-PR-F has always been profitable.
Each year in the past 5 years FTS-PR-F had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.33%, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-F has a Return On Equity of 7.19%. This is in the better half of the industry: FTS-PR-F outperforms 66.67% of its industry peers.
FTS-PR-F has a better Return On Invested Capital (4.27%) than 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 4.02%.
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
The Profit Margin of FTS-PR-F (14.31%) is better than 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.
The Gross Margin of FTS-PR-F (72.37%) is better than 77.78% 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 66.67% 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.
The Debt to Equity ratio of FTS-PR-F (1.33) is better than 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
FTS-PR-F has a Current 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 Current ratio, with a value of 0.58, FTS-PR-F is doing worse than 72.22% of the companies in the same industry.
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.
FTS-PR-F's Quick ratio of 0.47 is on the low side compared to the rest of the industry. FTS-PR-F is outperformed by 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
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 7.89%.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
The Revenue has decreased by -0.08% in the past year.
The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%8.35%
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 5.85% yearly.
The Revenue is expected to grow by 3.76% on average over the next years.
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y5.85%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.76%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
With a Price/Earnings ratio of 7.00, the valuation of FTS-PR-F can be described as very cheap.
Based on the Price/Earnings ratio, FTS-PR-F is valued a bit more expensive than the industry average as 61.11% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 25.89. FTS-PR-F is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.65 indicates a rather cheap valuation of FTS-PR-F.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTS-PR-F indicates a somewhat cheap valuation: FTS-PR-F is cheaper than 61.11% of the companies listed in the same industry.
FTS-PR-F's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.65 |
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.34 |
4.3 Compensation for Growth
FTS-PR-F's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FTS-PR-F may justify a higher PE ratio.
PEG (NY)1.09
PEG (5Y)1.38
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.55%, FTS-PR-F has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.97, FTS-PR-F is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.36, FTS-PR-F pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-F (11/14/2025, 7:00:00 PM)
23.93
-0.11 (-0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners55.56%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap12.10B
Revenue(TTM)11.51B
Net Income(TTM)1.70B
Analysts64.76
Price Target24.17 (1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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)-1.99%
PT rev (3m)1.59%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-1.42%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)1.36%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.65 | ||
| P/S | 1.02 | ||
| P/FCF | N/A | ||
| P/OCF | 2.8 | ||
| P/B | 0.51 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)3.42
EY14.29%
EPS(NY)3.6
Fwd EY15.04%
FCF(TTM)-3.49
FCFYN/A
OCF(TTM)8.54
OCFY35.69%
SpS23.49
BVpS46.74
TBVpS18.81
PEG (NY)1.09
PEG (5Y)1.38
Graham Number59.97
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%
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-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)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y5.85%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%8.35%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.76%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18.17%
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%
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 7 / 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 6.44% 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 49.62%.