FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) Stock Fundamental Analysis
TSX:FTS-PR-H - CA3495538264
18.45 CAD
-0.2 (-1.07%)
Overall FTS-PR-H gets a fundamental rating of 5 out of 10. We evaluated FTS-PR-H against 18 industry peers in the Electric Utilities industry. While FTS-PR-H has a great profitability rating, there are quite some concerns on its financial health. FTS-PR-H is valued quite cheap, while showing a decent growth score. This is a good combination! FTS-PR-H also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-H was profitable.
In the past year FTS-PR-H had a positive cash flow from operations.
In the past 5 years FTS-PR-H has always been profitable.
FTS-PR-H had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 2.33%, FTS-PR-H belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FTS-PR-H has a better Return On Equity (7.19%) than 83.33% of its industry peers.
FTS-PR-H has a Return On Invested Capital of 4.27%. This is amongst the best in the industry. FTS-PR-H outperforms 88.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-H is in line with the industry average of 4.02%.
The 3 year average ROIC (4.10%) for FTS-PR-H is below the current ROIC(4.27%), indicating increased profibility in the last year.
| 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
With an excellent Profit Margin value of 14.31%, FTS-PR-H belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FTS-PR-H's Profit Margin has declined in the last couple of years.
FTS-PR-H has a Operating Margin of 28.90%. This is amongst the best in the industry. FTS-PR-H outperforms 94.44% of its industry peers.
FTS-PR-H's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 72.37%, FTS-PR-H belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
FTS-PR-H'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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTS-PR-H is destroying value.
FTS-PR-H has more shares outstanding than it did 1 year ago.
FTS-PR-H has more shares outstanding than it did 5 years ago.
FTS-PR-H has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.49, we must say that FTS-PR-H is in the distress zone and has some risk of bankruptcy.
FTS-PR-H's Altman-Z score of 0.49 is on the low side compared to the rest of the industry. FTS-PR-H is outperformed by 72.22% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that FTS-PR-H has dependencies on debt financing.
FTS-PR-H has a Debt to Equity ratio of 1.33. This is amongst the best in the industry. FTS-PR-H outperforms 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.85
WACC5.01%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-H may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.58, FTS-PR-H is in line with its industry, outperforming 44.44% of the companies in the same industry.
FTS-PR-H has a Quick Ratio of 0.58. 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's Quick ratio of 0.47 is in line compared to the rest of the industry. FTS-PR-H outperforms 44.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
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.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
FTS-PR-H shows a small growth in Revenue. In the last year, the Revenue has grown by 4.22%.
Measured over the past years, FTS-PR-H shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
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-H will show a small growth in Earnings Per Share. The EPS will grow by 5.71% 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 3.61% yearly.
EPS Next Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.71%
Revenue Next Year8.67%
Revenue Next 2Y6.7%
Revenue Next 3Y9.98%
Revenue Next 5Y3.61%
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 5.36, the valuation of FTS-PR-H can be described as very cheap.
FTS-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. FTS-PR-H is cheaper than 94.44% of the companies in the same industry.
FTS-PR-H is valuated cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 5.09, the valuation of FTS-PR-H can be described as very cheap.
Based on the Price/Forward Earnings ratio, FTS-PR-H is valued cheaper than 94.44% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FTS-PR-H to the average of the S&P500 Index (22.69), we can say FTS-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.36 | ||
| Fwd PE | 5.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTS-PR-H is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.84 |
4.3 Compensation for Growth
FTS-PR-H's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FTS-PR-H may justify a higher PE ratio.
PEG (NY)0.72
PEG (5Y)1.06
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.84%, FTS-PR-H is a good candidate for dividend investing.
FTS-PR-H's Dividend Yield is a higher than the industry average which is at 5.89.
Compared to an average S&P500 Dividend Yield of 2.32, FTS-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
5.2 History
The dividend of FTS-PR-H has a limited annual growth rate of 5.61%.
FTS-PR-H has paid a dividend for at least 10 years, which is 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
49.62% of the earnings are spent on dividend by FTS-PR-H. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-H is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP49.62%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
TSX:FTS-PR-H (9/5/2025, 7:00:00 PM)
18.45
-0.2 (-1.07%)
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 Cap9.29B
Analysts64.76
Price Target19.5 (5.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years0
Div Non Decr Years3
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)-3.23%
PT rev (3m)19.28%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)1.63%
EPS NY rev (1m)2.3%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.99%
Revenue NY rev (3m)3.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.36 | ||
| Fwd PE | 5.09 | ||
| P/S | 0.78 | ||
| P/FCF | N/A | ||
| P/OCF | 2.15 | ||
| P/B | 0.39 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 7.84 |
EPS(TTM)3.44
EY18.64%
EPS(NY)3.63
Fwd EY19.65%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY46.46%
SpS23.58
BVpS46.91
TBVpS18.87
PEG (NY)0.72
PEG (5Y)1.06
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 | 0.49 |
F-Score5
WACC5.01%
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 Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.71%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year8.67%
Revenue Next 2Y6.7%
Revenue Next 3Y9.98%
Revenue Next 5Y3.61%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y17.8%
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%