FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-G - CA3495538348
24.5 CAD
-0.08 (-0.33%)
FTS-PR-G gets a fundamental rating of 3 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-G while its profitability can be described as average. FTS-PR-G has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FTS-PR-G had positive earnings in the past year.
FTS-PR-G had a positive operating cash flow in the past year.
FTS-PR-G had positive earnings in each of the past 5 years.
Each year in the past 5 years FTS-PR-G had a positive operating cash flow.
1.2 Ratios
FTS-PR-G has a Return On Assets of 2.27%. This is amonst the worse of the industry: FTS-PR-G underperforms 88.89% of its industry peers.
FTS-PR-G has a worse Return On Equity (6.97%) than 88.89% of its industry peers.
The Return On Invested Capital of FTS-PR-G (4.20%) is better than 61.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-G is in line with the industry average of 4.02%.
The 3 year average ROIC (4.10%) for FTS-PR-G 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
FTS-PR-G has a Profit Margin (14.02%) which is in line with its industry peers.
FTS-PR-G's Profit Margin has declined in the last couple of years.
FTS-PR-G's Operating Margin of 28.97% is fine compared to the rest of the industry. FTS-PR-G outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-G has remained more or less at the same level.
Looking at the Gross Margin, with a value of 72.57%, FTS-PR-G is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-G's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTS-PR-G is destroying value.
Compared to 1 year ago, FTS-PR-G has more shares outstanding
The number of shares outstanding for FTS-PR-G has been increased compared to 5 years ago.
FTS-PR-G has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that FTS-PR-G is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FTS-PR-G (0.53) is better than 77.78% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-G has dependencies on debt financing.
FTS-PR-G has a better Debt to Equity ratio (1.35) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.86
WACC4.86%
2.3 Liquidity
FTS-PR-G has a Current Ratio of 0.66. This is a bad value and indicates that FTS-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.66, FTS-PR-G is doing worse than 83.33% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that FTS-PR-G may have some problems paying its short term obligations.
The Quick ratio of FTS-PR-G (0.54) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.89% over the past year.
FTS-PR-G 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-G 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)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%8.35%
3.2 Future
FTS-PR-G is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.85% yearly.
Based on estimates for the next years, FTS-PR-G will show a small growth in Revenue. The Revenue will grow by 3.76% on average per year.
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 7.16, the valuation of FTS-PR-G can be described as very cheap.
FTS-PR-G's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.51. FTS-PR-G is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.81, which indicates a rather cheap valuation of FTS-PR-G.
The rest of the industry has a similar Price/Forward Earnings ratio as FTS-PR-G.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, FTS-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.16 | ||
| Fwd PE | 6.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTS-PR-G 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 | 8.34 |
4.3 Compensation for Growth
FTS-PR-G's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.11
PEG (5Y)1.41
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.49%, FTS-PR-G has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.42, FTS-PR-G has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, FTS-PR-G pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
5.2 History
The dividend of FTS-PR-G has a limited annual growth rate of 5.61%.
FTS-PR-G has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-G has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.61%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
FTS-PR-G pays out 50.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
FTS-PR-G'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 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-G (11/18/2025, 7:00:00 PM)
24.5
-0.08 (-0.33%)
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 Cap12.38B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target25.24 (3.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.27%
Min EPS beat(2)-2.85%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.85%
Min EPS beat(4)-2.85%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)2%
EPS beat(12)10
Avg EPS beat(12)2.45%
EPS beat(16)11
Avg EPS beat(16)0.93%
Revenue beat(2)2
Avg Revenue beat(2)2.92%
Min Revenue beat(2)1.3%
Max Revenue beat(2)4.54%
Revenue beat(4)2
Avg Revenue beat(4)-1.43%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)4.54%
Revenue beat(8)2
Avg Revenue beat(8)-3.17%
Revenue beat(12)4
Avg Revenue beat(12)-0.42%
Revenue beat(16)8
Avg Revenue beat(16)1.57%
PT rev (1m)-1.08%
PT rev (3m)0.28%
EPS NQ rev (1m)-1.06%
EPS NQ rev (3m)-1.72%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)1.36%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.16 | ||
| Fwd PE | 6.81 | ||
| P/S | 1.03 | ||
| P/FCF | N/A | ||
| P/OCF | 3.09 | ||
| P/B | 0.51 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)3.42
EY13.96%
EPS(NY)3.6
Fwd EY14.69%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY32.35%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.11
PEG (5Y)1.41
Graham Number60.7
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
WACC4.86%
ROIC/WACC0.86
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)5.21%
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 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18.17%
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 6.123 PERP / FTS-PR-G.CA FAQ
What is the ChartMill fundamental rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FTS-PR-G.CA.
What is the valuation status of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for FORTIS INC - FTSCN 6.123 PERP?
FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) has a profitability rating of 5 / 10.
Can you provide the financial health for FTS-PR-G stock?
The financial health rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) is 1 / 10.
How sustainable is the dividend of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
The dividend rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) is 6 / 10 and the dividend payout ratio is 50.83%.