FORTIS INC - FTSCN 4.183 PERP (FTS-PR-H.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-H - CA3495538264
18.65 CAD
+0.11 (+0.59%)
FTS-PR-H gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. FTS-PR-H scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on FTS-PR-H. FTS-PR-H also has an excellent dividend rating.
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.
In the past 5 years FTS-PR-H has always been profitable.
In the past 5 years FTS-PR-H always reported a positive cash flow from operatings.
1.2 Ratios
FTS-PR-H has a Return On Assets of 2.33%. This is amongst the best in the industry. FTS-PR-H outperforms 83.33% of its industry peers.
FTS-PR-H's Return On Equity of 7.19% is amongst the best of the industry. FTS-PR-H outperforms 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.
Measured over the past 3 years, the Average Return On Invested Capital 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
FTS-PR-H has a Profit Margin of 14.31%. This is amongst the best in the industry. FTS-PR-H outperforms 83.33% of its industry peers.
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.
In the last couple of years the Operating Margin of FTS-PR-H has remained more or less at the same level.
The Gross Margin of FTS-PR-H (72.37%) is better than 94.44% of its industry peers.
In the last couple of years the Gross Margin of FTS-PR-H 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
FTS-PR-H has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FTS-PR-H has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTS-PR-H has more shares outstanding
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.
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 better Debt to Equity ratio (1.33) than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.91
WACC4.69%
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 has a Quick ratio of 0.47. This is comparable 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.
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 been growing slightly by 4.22% in the past year.
FTS-PR-H shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
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
The Earnings Per Share is expected to grow by 5.63% on average over the next years.
Based on estimates for the next years, FTS-PR-H will show a small growth in Revenue. The Revenue will grow by 3.53% on average per year.
EPS Next Y7.43%
EPS Next 2Y5.14%
EPS Next 3Y5.24%
EPS Next 5Y5.63%
Revenue Next Year7.11%
Revenue Next 2Y5.79%
Revenue Next 3Y9.98%
Revenue Next 5Y3.53%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
A Price/Earnings ratio of 5.42 indicates a rather cheap valuation of FTS-PR-H.
Based on the Price/Earnings ratio, FTS-PR-H is valued cheaply inside the industry as 94.44% of the companies are valued more expensively.
FTS-PR-H's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.32.
Based on the Price/Forward Earnings ratio of 5.14, the valuation of FTS-PR-H can be described as very cheap.
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 94.44% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FTS-PR-H to the average of the S&P500 Index (22.89), we can say FTS-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.42 | ||
| Fwd PE | 5.14 |
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 | 7.83 |
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.
FTS-PR-H has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.73
PEG (5Y)1.07
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
FTS-PR-H has a Yearly Dividend Yield of 5.72%, which is a nice return.
Compared to an average industry Dividend Yield of 5.05, FTS-PR-H pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, FTS-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
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 49.62% of its income as dividend. This is a bit on the high side, but may be sustainable.
FTS-PR-H'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 2Y5.14%
EPS Next 3Y5.24%
TSX:FTS-PR-H (9/26/2025, 7:00:00 PM)
18.65
+0.11 (+0.59%)
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 Cap9.39B
Analysts64.76
Price Target19.68 (5.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
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)0.84%
PT rev (3m)5.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.63%
EPS NY rev (1m)0%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.44%
Revenue NY rev (3m)1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.42 | ||
| Fwd PE | 5.14 | ||
| P/S | 0.79 | ||
| P/FCF | N/A | ||
| P/OCF | 2.18 | ||
| P/B | 0.4 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 7.83 |
EPS(TTM)3.44
EY18.45%
EPS(NY)3.63
Fwd EY19.44%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY45.96%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)0.73
PEG (5Y)1.07
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
WACC4.69%
ROIC/WACC0.91
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 5Y5.63%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year7.11%
Revenue Next 2Y5.79%
Revenue Next 3Y9.98%
Revenue Next 5Y3.53%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y17.7%
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%