FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) Stock Fundamental Analysis
TSX:FTS-PR-H - Toronto Stock Exchange - CA3495538264 - Currency: CAD
FTS-PR-H gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 19 industry peers in the Electric Utilities industry. While FTS-PR-H belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTS-PR-H is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FTS-PR-H had positive earnings in the past year.
FTS-PR-H had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-H has been profitable.
FTS-PR-H had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTS-PR-H has a Return On Assets of 2.20%. This is amongst the best in the industry. FTS-PR-H outperforms 84.21% of its industry peers.
FTS-PR-H has a worse Return On Equity (6.82%) than 63.16% of its industry peers.
With an excellent Return On Invested Capital value of 4.04%, FTS-PR-H belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FTS-PR-H is in line with the industry average of 3.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | 6.82% | ||
| ROIC | 4.04% |
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-H (14.03%) is better than 89.47% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-H has declined.
FTS-PR-H's Operating Margin of 28.73% is amongst the best of the industry. FTS-PR-H outperforms 94.74% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-H has remained more or less at the same level.
FTS-PR-H has a Gross Margin of 72.03%. This is amongst the best in the industry. FTS-PR-H outperforms 94.74% of its industry peers.
FTS-PR-H's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.73% | ||
| PM (TTM) | 14.03% | ||
| GM | 72.03% |
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-H is destroying value.
Compared to 1 year ago, FTS-PR-H has more shares outstanding
The number of shares outstanding for FTS-PR-H has been increased compared to 5 years ago.
The debt/assets ratio for FTS-PR-H is higher compared to a year ago.
2.2 Solvency
FTS-PR-H has an Altman-Z score of 0.49. This is a bad value and indicates that FTS-PR-H is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of FTS-PR-H (0.49) is worse than 89.47% of its industry peers.
A Debt/Equity ratio of 1.37 is on the high side and indicates that FTS-PR-H has dependencies on debt financing.
FTS-PR-H's Debt to Equity ratio of 1.37 is amongst the best of the industry. FTS-PR-H outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.85
WACC4.77%
2.3 Liquidity
FTS-PR-H has a Current Ratio of 0.76. This is a bad value and indicates that FTS-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.76, FTS-PR-H belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
FTS-PR-H has a Quick Ratio of 0.76. This is a bad value and indicates that FTS-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
FTS-PR-H has a Quick ratio of 0.63. This is amongst the best in the industry. FTS-PR-H outperforms 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
FTS-PR-H shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.86%, which is quite good.
FTS-PR-H 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 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)8.86%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%13.43%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
3.2 Future
Based on estimates for the next years, FTS-PR-H will show a small growth in Earnings Per Share. The EPS will grow by 5.31% on average per year.
FTS-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.02% yearly.
EPS Next Y5.01%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
EPS Next 5Y5.31%
Revenue Next Year4.5%
Revenue Next 2Y4.18%
Revenue Next 3Y3.79%
Revenue Next 5Y3.02%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FTS-PR-H is valuated cheaply with a Price/Earnings ratio of 5.49.
FTS-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. FTS-PR-H is cheaper than 94.74% of the companies in the same industry.
FTS-PR-H's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.73.
FTS-PR-H is valuated cheaply with a Price/Forward Earnings ratio of 5.28.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTS-PR-H indicates a rather cheap valuation: FTS-PR-H is cheaper than 94.74% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.61. FTS-PR-H is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 5.28 |
4.2 Price Multiples
FTS-PR-H's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FTS-PR-H is cheaper than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.1 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FTS-PR-H may justify a higher PE ratio.
PEG (NY)1.1
PEG (5Y)1.08
EPS Next 2Y4.48%
EPS Next 3Y4.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.32%, FTS-PR-H is a good candidate for dividend investing.
With a Dividend Yield of 5.32, FTS-PR-H pays less dividend than the industry average, which is at 5.36. 84.21% of the companies listed in the same industry pay a better dividend than FTS-PR-H!
FTS-PR-H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
5.2 History
The dividend of FTS-PR-H has a limited annual growth rate of 5.61%.
FTS-PR-H has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-H has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
FTS-PR-H pays out 50.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-H is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP50.67%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
TSX:FTS-PR-H (8/12/2025, 7:00:00 PM)
18.9
0 (0%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners55.26%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap9.52B
Analysts55.83
Price Target19.52 (3.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.67%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.44%
Min EPS beat(2)1.1%
Max EPS beat(2)1.78%
EPS beat(4)4
Avg EPS beat(4)1.78%
Min EPS beat(4)1.1%
Max EPS beat(4)2.52%
EPS beat(8)7
Avg EPS beat(8)1.67%
EPS beat(12)10
Avg EPS beat(12)1.87%
EPS beat(16)10
Avg EPS beat(16)0.11%
Revenue beat(2)0
Avg Revenue beat(2)-5.78%
Min Revenue beat(2)-11.44%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-4.96%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)-0.12%
Revenue beat(8)0
Avg Revenue beat(8)-5.1%
Revenue beat(12)4
Avg Revenue beat(12)0.41%
Revenue beat(16)8
Avg Revenue beat(16)1.55%
PT rev (1m)4.77%
PT rev (3m)22.38%
EPS NQ rev (1m)0.77%
EPS NQ rev (3m)-0.51%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)-2.53%
Revenue NY rev (1m)-0.85%
Revenue NY rev (3m)-0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 5.28 | ||
| P/S | 0.81 | ||
| P/FCF | N/A | ||
| P/OCF | 2.2 | ||
| P/B | 0.39 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 8.1 |
EPS(TTM)3.44
EY18.2%
EPS(NY)3.58
Fwd EY18.94%
FCF(TTM)-2.62
FCFYN/A
OCF(TTM)8.59
OCFY45.46%
SpS23.29
BVpS47.92
TBVpS18.54
PEG (NY)1.1
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | 6.82% | ||
| ROCE | 4.86% | ||
| ROIC | 4.04% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 5.19% | ||
| OM | 28.73% | ||
| PM (TTM) | 14.03% | ||
| GM | 72.03% | ||
| 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 | 1.37 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.18 | ||
| Cap/Depr | 285.98% | ||
| Cap/Sales | 48.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.49 |
F-Score5
WACC4.77%
ROIC/WACC0.85
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 Y5.01%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
EPS Next 5Y5.31%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year4.5%
Revenue Next 2Y4.18%
Revenue Next 3Y3.79%
Revenue Next 5Y3.02%
EBIT growth 1Y7.64%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y16.93%
FCF growth 1Y-81.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y36.24%
OCF growth 3Y10.12%
OCF growth 5Y7.71%