FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-J - CA3495537928
22.36 CAD
+0.05 (+0.22%)
Taking everything into account, FTS-PR-J scores 4 out of 10 in our fundamental rating. FTS-PR-J was compared to 18 industry peers in the Electric Utilities industry. FTS-PR-J scores excellent on profitability, but there are concerns on its financial health. FTS-PR-J has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years FTS-PR-J had a positive operating cash flow.
1.2 Ratios
FTS-PR-J's Return On Assets of 2.33% is fine compared to the rest of the industry. FTS-PR-J outperforms 77.78% of its industry peers.
With a decent Return On Equity value of 7.19%, FTS-PR-J is doing good in the industry, outperforming 77.78% of the companies in the same industry.
FTS-PR-J has a better Return On Invested Capital (4.27%) 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 4.02%.
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
FTS-PR-J has a better Profit Margin (14.31%) than 77.78% of its industry peers.
FTS-PR-J's Profit Margin has declined in the last couple of years.
The Operating Margin of FTS-PR-J (28.90%) is better than 88.89% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-J has remained more or less at the same level.
The Gross Margin of FTS-PR-J (72.37%) 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 | 28.9% | ||
| 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.
FTS-PR-J has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FTS-PR-J has been increased compared to 5 years ago.
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 0.51. 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 0.51. This is comparable to the rest of the industry: FTS-PR-J outperforms 55.56% 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.
The Debt to Equity ratio of FTS-PR-J (1.33) is better than 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.
Looking at the Current ratio, with a value of 0.58, FTS-PR-J is doing worse than 61.11% of the companies in the same industry.
FTS-PR-J has a Quick 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.
With a Quick ratio value of 0.47, 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 | 0.58 | ||
| 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.
FTS-PR-J 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 5.70% on average over the next years.
FTS-PR-J is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.62% yearly.
EPS Next Y6.96%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
EPS Next 5Y5.7%
Revenue Next Year4.8%
Revenue Next 2Y4.44%
Revenue Next 3Y4.85%
Revenue Next 5Y3.62%
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
The Price/Earnings ratio is 6.50, which indicates a rather cheap valuation of FTS-PR-J.
72.22% of the companies in the same industry are more expensive than FTS-PR-J, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.40. FTS-PR-J is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.19, the valuation of FTS-PR-J can be described as very cheap.
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's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.5 | ||
| Fwd PE | 6.19 |
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 | 8.18 |
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.
FTS-PR-J has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)1.28
EPS Next 2Y4.95%
EPS Next 3Y4.98%
5. Dividend
5.1 Amount
FTS-PR-J has a Yearly Dividend Yield of 3.40%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.08, FTS-PR-J pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, FTS-PR-J pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
5.2 History
The dividend of FTS-PR-J has a limited annual growth rate of 5.61%.
FTS-PR-J has been paying a dividend for at least 10 years, so it has 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
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 2Y4.95%
EPS Next 3Y4.98%
TSX:FTS-PR-J (10/17/2025, 7:00:00 PM)
22.36
+0.05 (+0.22%)
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 Cap11.30B
Analysts64.76
Price Target23.39 (4.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
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)0.2%
PT rev (3m)4.13%
EPS NQ rev (1m)-0.79%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.44%
EPS NY rev (3m)1.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.24%
Revenue NY rev (1m)-2.15%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.5 | ||
| Fwd PE | 6.19 | ||
| P/S | 0.95 | ||
| P/FCF | N/A | ||
| P/OCF | 2.61 | ||
| P/B | 0.48 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 8.18 |
EPS(TTM)3.44
EY15.38%
EPS(NY)3.61
Fwd EY16.16%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY38.33%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)0.93
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 Y6.96%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
EPS Next 5Y5.7%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%5.43%
Revenue Next Year4.8%
Revenue Next 2Y4.44%
Revenue Next 3Y4.85%
Revenue Next 5Y3.62%
EBIT growth 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18%
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%