FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-J - CA3495537928
22.65 CAD
+0.51 (+2.3%)
We assign a fundamental rating of 4 out of 10 to FTS-PR-J. FTS-PR-J was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-J is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-J is valued correctly, but it does not seem to be growing.
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.
Each year in the past 5 years FTS-PR-J had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.27%, FTS-PR-J is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 6.97%, FTS-PR-J is doing worse than 66.67% of the companies in the same industry.
FTS-PR-J has a better Return On Invested Capital (4.20%) than 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-J is in line with the industry average of 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-J is below the current ROIC(4.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 6.97% | ||
| ROIC | 4.2% |
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-J has a better Profit Margin (14.02%) than 77.78% of its industry peers.
FTS-PR-J's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 28.97%, FTS-PR-J belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
FTS-PR-J's Operating Margin has been stable in the last couple of years.
The Gross Margin of FTS-PR-J (72.57%) is better than 88.89% of its industry peers.
In the last couple of years the Gross Margin of FTS-PR-J has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.97% | ||
| PM (TTM) | 14.02% | ||
| GM | 72.57% |
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
The number of shares outstanding for FTS-PR-J has been increased compared to 5 years ago.
FTS-PR-J has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.52, we must say that FTS-PR-J is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FTS-PR-J (0.52) is comparable to the rest of the industry.
FTS-PR-J has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FTS-PR-J (1.35) is better than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.88
WACC4.75%
2.3 Liquidity
FTS-PR-J has a Current Ratio of 0.66. 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.
FTS-PR-J has a Current ratio of 0.66. This is in the lower half of the industry: FTS-PR-J underperforms 61.11% of its industry peers.
A Quick Ratio of 0.54 indicates that FTS-PR-J may have some problems paying its short term obligations.
With a Quick ratio value of 0.54, FTS-PR-J is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.26% over the past year.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
Looking at the last year, FTS-PR-J shows a small growth in Revenue. The Revenue has grown by 5.21% in the last year.
The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
3.2 Future
The Earnings Per Share is expected to grow by 5.85% on average over the next years.
The Revenue is expected to grow by 3.76% on average over the next years.
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y5.85%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.76%
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
The Price/Earnings ratio is 6.66, which indicates a rather cheap valuation of FTS-PR-J.
FTS-PR-J's Price/Earnings ratio is a bit cheaper when compared to the industry. FTS-PR-J is cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.98. FTS-PR-J is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.29, which indicates a rather cheap valuation of FTS-PR-J.
Based on the Price/Forward Earnings ratio, FTS-PR-J is valued a bit cheaper than 72.22% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FTS-PR-J to the average of the S&P500 Index (35.79), we can say FTS-PR-J is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS-PR-J is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.12 |
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-J may justify a higher PE ratio.
PEG (NY)1.03
PEG (5Y)1.31
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
FTS-PR-J has a Yearly Dividend Yield of 3.53%. Purely for dividend investing, there may be better candidates out there.
FTS-PR-J's Dividend Yield is slightly below the industry average, which is at 3.95.
Compared to an average S&P500 Dividend Yield of 2.41, FTS-PR-J pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
50.83% 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.
DP50.83%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-J (11/25/2025, 7:00:00 PM)
22.65
+0.51 (+2.3%)
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 Cap11.45B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target23.33 (3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-5.22%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.26%
Min EPS beat(4)-5.22%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)1.7%
EPS beat(12)10
Avg EPS beat(12)2.25%
EPS beat(16)11
Avg EPS beat(16)0.79%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.3%
Max Revenue beat(2)2.3%
Revenue beat(4)2
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)2.3%
Revenue beat(8)2
Avg Revenue beat(8)-3.45%
Revenue beat(12)4
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)1.43%
PT rev (1m)-0.26%
PT rev (3m)3%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)-0.92%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 6.29 | ||
| P/S | 0.95 | ||
| P/FCF | N/A | ||
| P/OCF | 2.86 | ||
| P/B | 0.47 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 8.12 |
EPS(TTM)3.4
EY15.01%
EPS(NY)3.6
Fwd EY15.89%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY34.99%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.03
PEG (5Y)1.31
Graham Number60.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 6.97% | ||
| ROCE | 5.06% | ||
| ROIC | 4.2% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 5.33% | ||
| OM | 28.97% | ||
| PM (TTM) | 14.02% | ||
| GM | 72.57% | ||
| 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%
ROICexgc growth 3Y0.42%
ROICexgc 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-Score4
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.92 | ||
| Cap/Depr | 304.79% | ||
| Cap/Sales | 51.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.4% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.52 |
F-Score4
WACC4.75%
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)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y5.85%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.76%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18.17%
FCF growth 1Y-510.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.21%
OCF growth 3Y10.12%
OCF growth 5Y7.71%
FORTIS INC - FTSCN 4 3/4 PERP / FTS-PR-J.CA FAQ
What is the fundamental rating for FTS-PR-J stock?
ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-J.CA.
Can you provide the valuation status for FORTIS INC - FTSCN 4 3/4 PERP?
ChartMill assigns a valuation rating of 6 / 10 to FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for FORTIS INC - FTSCN 4 3/4 PERP?
FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for FTS-PR-J stock?
The Price/Earnings (PE) ratio for FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) is 6.66 and the Price/Book (PB) ratio is 0.47.
How sustainable is the dividend of FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) stock?
The dividend rating of FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) is 5 / 10 and the dividend payout ratio is 50.83%.