FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) Stock Fundamental Analysis
TSX:FTS-PR-J - CA3495537928
23.1 CAD
+0.2 (+0.87%)
Overall FTS-PR-J gets a fundamental rating of 5 out of 10. We evaluated FTS-PR-J against 18 industry peers in the Electric Utilities industry. While FTS-PR-J belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTS-PR-J is not valued too expensively and it also shows a decent growth rate. FTS-PR-J also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-J was profitable.
FTS-PR-J had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-J has been profitable.
In the past 5 years FTS-PR-J always reported a positive cash flow from operatings.
1.2 Ratios
FTS-PR-J has a Return On Assets of 2.33%. This is in the better half of the industry: FTS-PR-J outperforms 72.22% of its industry peers.
The Return On Equity of FTS-PR-J (7.19%) is better than 72.22% of its industry peers.
The Return On Invested Capital of FTS-PR-J (4.27%) is better than 77.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-J is in line with the industry average of 4.02%.
The 3 year average ROIC (4.10%) for FTS-PR-J 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
The Profit Margin of FTS-PR-J (14.31%) is better than 72.22% of its industry peers.
FTS-PR-J's Profit Margin has declined in the last couple of years.
FTS-PR-J has a better Operating Margin (28.90%) than 83.33% of its industry peers.
FTS-PR-J's Operating Margin has been stable in the last couple of years.
FTS-PR-J's Gross Margin of 72.37% is amongst the best of the industry. FTS-PR-J outperforms 83.33% of its industry peers.
FTS-PR-J'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-J is destroying value.
Compared to 1 year ago, FTS-PR-J has more shares outstanding
Compared to 5 years ago, FTS-PR-J has more shares outstanding
Compared to 1 year ago, FTS-PR-J has a worse debt to assets ratio.
2.2 Solvency
FTS-PR-J has an Altman-Z score of 0.52. This is a bad value and indicates that FTS-PR-J is not financially healthy and even has some risk of bankruptcy.
FTS-PR-J has a Altman-Z score of 0.52. This is in the better half of the industry: FTS-PR-J outperforms 61.11% of its industry peers.
FTS-PR-J has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
FTS-PR-J has a Debt to Equity ratio of 1.33. This is in the better half of the industry: FTS-PR-J outperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.85
WACC5.01%
2.3 Liquidity
FTS-PR-J has a Current Ratio of 0.58. This is a bad value and indicates that FTS-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.58, FTS-PR-J is doing worse than 66.67% of the companies in the same industry.
A Quick Ratio of 0.47 indicates that FTS-PR-J may have some problems paying its short term obligations.
FTS-PR-J's Quick ratio of 0.47 is on the low side compared to the rest of the industry. FTS-PR-J is outperformed by 66.67% of its industry peers.
| 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-J 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.
Measured over the past years, FTS-PR-J 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-J will show a small growth in Earnings Per Share. The EPS will grow by 5.71% on average per year.
Based on estimates for the next years, FTS-PR-J will show a small growth in Revenue. The Revenue will grow by 3.61% on average per year.
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
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 6.72 indicates a rather cheap valuation of FTS-PR-J.
Compared to the rest of the industry, the Price/Earnings ratio of FTS-PR-J is on the same level as its industry peers.
FTS-PR-J's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.84.
With a Price/Forward Earnings ratio of 6.37, the valuation of FTS-PR-J can be described as very cheap.
Based on the Price/Forward Earnings ratio, FTS-PR-J is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
FTS-PR-J is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FTS-PR-J.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.25 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FTS-PR-J may justify a higher PE ratio.
PEG (NY)0.9
PEG (5Y)1.32
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.05%, FTS-PR-J is a good candidate for dividend investing.
FTS-PR-J's Dividend Yield is a higher than the industry average which is at 5.89.
FTS-PR-J's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.05% |
5.2 History
The dividend of FTS-PR-J has a limited annual growth rate of 5.61%.
FTS-PR-J has paid a dividend for at least 10 years, which is a reliable track record.
FTS-PR-J has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
49.62% of the earnings are spent on dividend by FTS-PR-J. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-J 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-J (9/3/2025, 7:00:00 PM)
23.1
+0.2 (+0.87%)
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 Cap11.63B
Analysts55.83
Price Target22.65 (-1.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.05% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years0
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)-1.4%
PT rev (3m)9.06%
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 | 6.72 | ||
| Fwd PE | 6.37 | ||
| P/S | 0.98 | ||
| P/FCF | N/A | ||
| P/OCF | 2.69 | ||
| P/B | 0.49 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.44
EY14.89%
EPS(NY)3.63
Fwd EY15.7%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY37.11%
SpS23.58
BVpS46.91
TBVpS18.87
PEG (NY)0.9
PEG (5Y)1.32
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 | 0.52 |
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%