FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-K - CA3495537845
23.79 CAD
+0.08 (+0.34%)
FTS-PR-K gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. While FTS-PR-K is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-K has a correct valuation and a medium growth rate. FTS-PR-K also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-K was profitable.
In the past year FTS-PR-K had a positive cash flow from operations.
In the past 5 years FTS-PR-K has always been profitable.
FTS-PR-K had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTS-PR-K has a Return On Assets of 2.27%. This is in the lower half of the industry: FTS-PR-K underperforms 72.22% of its industry peers.
FTS-PR-K has a Return On Equity of 6.97%. This is in the lower half of the industry: FTS-PR-K underperforms 72.22% of its industry peers.
FTS-PR-K has a Return On Invested Capital of 4.20%. This is in the better half of the industry: FTS-PR-K outperforms 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 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-K 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-K's Profit Margin of 14.02% is fine compared to the rest of the industry. FTS-PR-K outperforms 72.22% of its industry peers.
FTS-PR-K's Profit Margin has declined in the last couple of years.
FTS-PR-K's Operating Margin of 28.97% is amongst the best of the industry. FTS-PR-K outperforms 83.33% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-K has remained more or less at the same level.
FTS-PR-K has a Gross Margin of 72.57%. This is amongst the best in the industry. FTS-PR-K outperforms 83.33% of its industry peers.
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 | 28.97% | ||
| 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
FTS-PR-K has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FTS-PR-K has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FTS-PR-K has been increased compared to 5 years ago.
FTS-PR-K has a worse debt/assets ratio than last year.
2.2 Solvency
FTS-PR-K has an Altman-Z score of 0.53. This is a bad value and indicates that FTS-PR-K is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.53, FTS-PR-K is doing good in the industry, outperforming 61.11% of the companies in the same industry.
FTS-PR-K 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-K (1.35) is better than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.89
WACC4.73%
2.3 Liquidity
FTS-PR-K has a Current Ratio of 0.66. 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 worse Current ratio (0.66) than 66.67% of its industry peers.
FTS-PR-K has a Quick Ratio of 0.66. 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.
The Quick ratio of FTS-PR-K (0.54) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
FTS-PR-K shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.26%.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
Looking at the last year, FTS-PR-K shows a small growth in Revenue. The Revenue has grown by 5.21% in the last year.
Measured over the past years, FTS-PR-K shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
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
Based on estimates for the next years, FTS-PR-K will show a small growth in Earnings Per Share. The EPS will grow by 6.39% on average per year.
FTS-PR-K is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.98% yearly.
EPS Next Y7.31%
EPS Next 2Y5.32%
EPS Next 3Y5.62%
EPS Next 5Y6.39%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%
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 accelerating.
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 7.00 indicates a rather cheap valuation of FTS-PR-K.
FTS-PR-K's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of FTS-PR-K to the average of the S&P500 Index (26.57), we can say FTS-PR-K is valued rather cheaply.
A Price/Forward Earnings ratio of 6.54 indicates a rather cheap valuation of FTS-PR-K.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTS-PR-K indicates a somewhat cheap valuation: FTS-PR-K is cheaper than 66.67% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FTS-PR-K to the average of the S&P500 Index (24.04), we can say FTS-PR-K is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.54 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FTS-PR-K.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.27 |
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.
FTS-PR-K has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)1.38
EPS Next 2Y5.32%
EPS Next 3Y5.62%
5. Dividend
5.1 Amount
FTS-PR-K has a Yearly Dividend Yield of 5.75%, which is a nice return.
FTS-PR-K's Dividend Yield is a higher than the industry average which is at 4.91.
FTS-PR-K's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
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
FTS-PR-K pays out 50.83% of its income as dividend. 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.
DP50.83%
EPS Next 2Y5.32%
EPS Next 3Y5.62%
TSX:FTS-PR-K (12/24/2025, 7:00:00 PM)
23.79
+0.08 (+0.34%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners56.48%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap12.02B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target25.42 (6.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years1
Div Non Decr Years4
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)6.12%
PT rev (3m)5.13%
EPS NQ rev (1m)-0.33%
EPS NQ rev (3m)-0.85%
EPS NY rev (1m)0.82%
EPS NY rev (3m)0.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)2.06%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.54 | ||
| P/S | 1 | ||
| P/FCF | N/A | ||
| P/OCF | 3 | ||
| P/B | 0.5 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 8.27 |
EPS(TTM)3.4
EY14.29%
EPS(NY)3.64
Fwd EY15.29%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY33.31%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.96
PEG (5Y)1.38
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 | 0.53 |
F-Score4
WACC4.73%
ROIC/WACC0.89
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 Y7.31%
EPS Next 2Y5.32%
EPS Next 3Y5.62%
EPS Next 5Y6.39%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26%
EBIT Next 5Y18.99%
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 5.469 PERP / FTS-PR-K.CA FAQ
What is the ChartMill fundamental rating of FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-K.CA.
What is the valuation status of FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA). This can be considered as Fairly Valued.
What is the profitability of FTS-PR-K stock?
FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) has a profitability rating of 6 / 10.
What is the earnings growth outlook for FORTIS INC - FTSCN 5.469 PERP?
The Earnings per Share (EPS) of FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) is expected to grow by 7.31% in the next year.
Is the dividend of FORTIS INC - FTSCN 5.469 PERP sustainable?
The dividend rating of FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) is 5 / 10 and the dividend payout ratio is 50.83%.