FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-G - CA3495538348
24.53 CAD
-0.1 (-0.41%)
We assign a fundamental rating of 4 out of 10 to FTS-PR-G. FTS-PR-G was compared to 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 correct valuation and a medium growth rate. Finally FTS-PR-G also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-G was profitable.
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.
In the past 5 years FTS-PR-G always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.33%, FTS-PR-G is in line with its industry, outperforming 55.56% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.19%, FTS-PR-G is in line with its industry, outperforming 55.56% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.27%, FTS-PR-G is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-G is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-G 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-G has a Profit Margin of 14.31%. This is comparable to the rest of the industry: FTS-PR-G outperforms 55.56% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-G has declined.
With a decent Operating Margin value of 28.90%, FTS-PR-G 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-G has remained more or less at the same level.
Looking at the Gross Margin, with a value of 72.37%, FTS-PR-G is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of FTS-PR-G has remained more or less at the same level.
| 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
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
FTS-PR-G has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FTS-PR-G 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-G is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.53, FTS-PR-G is doing good in the industry, outperforming 77.78% of the companies in the same industry.
FTS-PR-G has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
FTS-PR-G has a Debt to Equity ratio of 1.33. This is in the better half of the industry: FTS-PR-G outperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.88
WACC4.83%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-G may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.58, FTS-PR-G is doing worse than 83.33% of the companies in the same industry.
FTS-PR-G has a Quick Ratio of 0.58. 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 Quick ratio, with a value of 0.47, FTS-PR-G 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
The Earnings Per Share has grown by an nice 8.86% over the past year.
Measured over the past 5 years, FTS-PR-G shows a small growth in Earnings Per Share. The EPS has been growing by 5.08% on average per year.
The Revenue has been growing slightly by 4.22% in the past year.
The Revenue has been growing slightly by 5.55% on average over the past years.
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
Based on estimates for the next years, FTS-PR-G will show a small growth in Earnings Per Share. The EPS will grow by 5.70% on average per year.
Based on estimates for the next years, FTS-PR-G will show a small growth in Revenue. The Revenue will grow by 3.62% on average per year.
EPS Next Y6.96%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
EPS Next 5Y5.7%
Revenue Next Year4.8%
Revenue Next 2Y4.44%
Revenue Next 3Y4.85%
Revenue Next 5Y3.62%
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 7.13, the valuation of FTS-PR-G can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of FTS-PR-G indicates a slightly more expensive valuation: FTS-PR-G is more expensive than 72.22% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.31. FTS-PR-G is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.79, which indicates a rather cheap valuation of FTS-PR-G.
FTS-PR-G's Price/Forward Earnings is on the same level as the industry average.
FTS-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS-PR-G indicates a slightly more expensive valuation: FTS-PR-G is more expensive than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.39 |
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.
FTS-PR-G has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.02
PEG (5Y)1.4
EPS Next 2Y4.95%
EPS Next 3Y4.98%
5. Dividend
5.1 Amount
FTS-PR-G has a Yearly Dividend Yield of 5.26%, which is a nice return.
FTS-PR-G's Dividend Yield is rather good when compared to the industry average which is at 4.72. FTS-PR-G pays more dividend than 88.89% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, FTS-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
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
49.62% of the earnings are spent on dividend by FTS-PR-G. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-G is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP49.62%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
TSX:FTS-PR-G (10/16/2025, 7:00:00 PM)
24.53
-0.1 (-0.41%)
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 Cap12.35B
Analysts64.76
Price Target25.51 (4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years2
Div Non Decr Years10
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)1.46%
PT rev (3m)3.07%
EPS NQ rev (1m)-0.79%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.44%
EPS NY rev (3m)1.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.24%
Revenue NY rev (1m)-2.15%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.79 | ||
| P/S | 1.04 | ||
| P/FCF | N/A | ||
| P/OCF | 2.86 | ||
| P/B | 0.52 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 8.39 |
EPS(TTM)3.44
EY14.02%
EPS(NY)3.61
Fwd EY14.73%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY34.94%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)1.02
PEG (5Y)1.4
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 | 0.53 |
F-Score5
WACC4.83%
ROIC/WACC0.88
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 Y6.96%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
EPS Next 5Y5.7%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year4.8%
Revenue Next 2Y4.44%
Revenue Next 3Y4.85%
Revenue Next 5Y3.62%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18%
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%