FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-J - CA3495537928
22.29 CAD
-0.09 (-0.4%)
Taking everything into account, FTS-PR-J scores 5 out of 10 in our fundamental rating. FTS-PR-J was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-J has a great profitability rating, there are quite some concerns on its financial health. FTS-PR-J has a decent growth rate and is not valued too expensively. Finally FTS-PR-J also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FTS-PR-J had positive earnings in the past year.
In the past year FTS-PR-J had a positive cash flow from operations.
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 better Return On Assets (2.33%) than 77.78% of its industry peers.
The Return On Equity of FTS-PR-J (7.19%) is better than 77.78% of its industry peers.
FTS-PR-J's Return On Invested Capital of 4.27% is amongst the best of the industry. FTS-PR-J outperforms 83.33% of its industry peers.
FTS-PR-J had an Average Return On Invested Capital over the past 3 years of 4.10%. This is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-J is above the 3 year average (4.10%), which is a sign of increasing profitability.
| 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-J's Profit Margin of 14.31% is fine compared to the rest of the industry. FTS-PR-J outperforms 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 28.90%, 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.
FTS-PR-J's Gross Margin of 72.37% is amongst the best of the industry. FTS-PR-J outperforms 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 | 28.9% | ||
| 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-J has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FTS-PR-J has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTS-PR-J has more shares outstanding
The debt/assets ratio for FTS-PR-J is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.51, 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 (0.51) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.33 is on the high side and indicates that FTS-PR-J has dependencies on debt financing.
FTS-PR-J's Debt to Equity ratio of 1.33 is amongst the best of the industry. FTS-PR-J outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.51 |
ROIC/WACC0.9
WACC4.74%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-J may have some problems paying its short term obligations.
With a Current ratio value of 0.58, FTS-PR-J is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
A Quick Ratio of 0.47 indicates that FTS-PR-J may have some problems paying its short term obligations.
FTS-PR-J has a Quick ratio of 0.47. This is in the lower half of the industry: FTS-PR-J underperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
FTS-PR-J 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-J shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
Looking at the last year, FTS-PR-J shows a small growth in Revenue. The Revenue has grown by 4.22% in the last 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 5.63% on average per year.
FTS-PR-J is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.53% yearly.
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.
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
A Price/Earnings ratio of 6.48 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 72.22% of the companies in the same industry.
FTS-PR-J is valuated cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.15 indicates a rather cheap valuation of FTS-PR-J.
FTS-PR-J's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTS-PR-J is cheaper than 72.22% of the companies in the same industry.
FTS-PR-J is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.48 | ||
| Fwd PE | 6.15 |
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 | 8.17 |
4.3 Compensation for Growth
FTS-PR-J's 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)0.87
PEG (5Y)1.28
EPS Next 2Y5.14%
EPS Next 3Y5.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.72%, 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 5.05.
Compared to an average S&P500 Dividend Yield of 2.38, FTS-PR-J pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
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 (9/24/2025, 7:00:00 PM)
22.29
-0.09 (-0.4%)
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 Cap11.23B
Analysts64.76
Price Target23.75 (6.55%)
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 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)2.4%
PT rev (3m)14.38%
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 | 6.48 | ||
| Fwd PE | 6.15 | ||
| P/S | 0.95 | ||
| P/FCF | N/A | ||
| P/OCF | 2.6 | ||
| P/B | 0.48 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 8.17 |
EPS(TTM)3.44
EY15.43%
EPS(NY)3.63
Fwd EY16.27%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY38.45%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)0.87
PEG (5Y)1.28
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 | 0.51 |
F-Score5
WACC4.74%
ROIC/WACC0.9
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%