FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-K - CA3495537845
23 CAD
-0.05 (-0.22%)
Taking everything into account, FTS-PR-K scores 5 out of 10 in our fundamental rating. FTS-PR-K was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-K has a great profitability rating, there are quite some concerns on its financial health. FTS-PR-K has a decent growth rate and is not valued too expensively. Finally FTS-PR-K also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FTS-PR-K had positive earnings in the past year.
In the past year FTS-PR-K had a positive cash flow from operations.
FTS-PR-K had positive earnings in each of the past 5 years.
FTS-PR-K had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTS-PR-K has a better Return On Assets (2.33%) than 72.22% of its industry peers.
FTS-PR-K has a Return On Equity of 7.19%. This is in the better half of the industry: FTS-PR-K outperforms 72.22% of its industry peers.
FTS-PR-K has a better Return On Invested Capital (4.27%) than 77.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-K is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-K 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-K has a Profit Margin of 14.31%. This is in the better half of the industry: FTS-PR-K outperforms 72.22% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-K has declined.
Looking at the Operating Margin, with a value of 28.90%, FTS-PR-K belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Operating Margin of FTS-PR-K has remained more or less at the same level.
With an excellent Gross Margin value of 72.37%, FTS-PR-K belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Gross Margin of FTS-PR-K 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTS-PR-K is destroying value.
Compared to 1 year ago, FTS-PR-K has more shares outstanding
FTS-PR-K has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FTS-PR-K has a worse debt to assets ratio.
2.2 Solvency
FTS-PR-K has an Altman-Z score of 0.52. This is a bad value and indicates that FTS-PR-K is not financially healthy and even has some risk of bankruptcy.
FTS-PR-K has a Altman-Z score of 0.52. This is in the better half of the industry: FTS-PR-K outperforms 61.11% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that FTS-PR-K has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.33, FTS-PR-K is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.87
WACC4.89%
2.3 Liquidity
FTS-PR-K has a Current Ratio of 0.58. This is a bad value and indicates that FTS-PR-K 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-K is doing worse than 66.67% of the companies in the same industry.
FTS-PR-K has a Quick Ratio of 0.58. This is a bad value and indicates that FTS-PR-K is not financially healthy enough and could expect problems in meeting its short term obligations.
FTS-PR-K has a Quick ratio of 0.47. This is in the lower half of the industry: FTS-PR-K underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
FTS-PR-K shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.86%, which is quite good.
Measured over the past 5 years, FTS-PR-K 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.
FTS-PR-K 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
FTS-PR-K is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.70% yearly.
The Revenue is expected to grow by 3.62% on average over the next years.
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.
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
Based on the Price/Earnings ratio of 6.69, the valuation of FTS-PR-K can be described as very cheap.
Based on the Price/Earnings ratio, FTS-PR-K is valued a bit cheaper than 61.11% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.02, FTS-PR-K is valued rather cheaply.
A Price/Forward Earnings ratio of 6.37 indicates a rather cheap valuation of FTS-PR-K.
66.67% of the companies in the same industry are more expensive than FTS-PR-K, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.57, FTS-PR-K is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS-PR-K is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
FTS-PR-K'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-K may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)1.32
EPS Next 2Y4.95%
EPS Next 3Y4.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.26%, FTS-PR-K is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.98, FTS-PR-K pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, FTS-PR-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
5.2 History
The dividend of FTS-PR-K has a limited annual growth rate of 5.61%.
FTS-PR-K has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-K has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.61%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
49.62% of the earnings are spent on dividend by FTS-PR-K. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-K 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-K (10/10/2025, 7:00:00 PM)
23
-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 Cap11.58B
Analysts64.76
Price Target23.79 (3.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years1
Div Non Decr Years4
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)3.67%
PT rev (3m)-0.13%
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)-3.55%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.37 | ||
| P/S | 0.98 | ||
| P/FCF | N/A | ||
| P/OCF | 2.68 | ||
| P/B | 0.49 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)3.44
EY14.96%
EPS(NY)3.61
Fwd EY15.71%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY37.27%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)0.96
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
WACC4.89%
ROIC/WACC0.87
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%