FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-K - CA3495537845
22.97 CAD
-0.07 (-0.3%)
Taking everything into account, FTS-PR-K scores 4 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 is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-K has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-K was profitable.
FTS-PR-K had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-K has been profitable.
In the past 5 years FTS-PR-K always reported a positive cash flow from operatings.
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.
The Return On Invested Capital of FTS-PR-K (4.20%) is better 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 4.03%.
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.
In the last couple of years the Profit Margin of FTS-PR-K has declined.
With an excellent Operating Margin value of 28.97%, FTS-PR-K belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FTS-PR-K's Operating Margin has been stable in the last couple of years.
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.
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
Based on the Altman-Z score of 0.52, we must say that FTS-PR-K is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.52, FTS-PR-K is in the better half of 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.
With a decent Debt to Equity ratio value of 1.35, 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 | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.89
WACC4.74%
2.3 Liquidity
A Current Ratio of 0.66 indicates that FTS-PR-K may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, FTS-PR-K is doing worse than 66.67% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that FTS-PR-K may have some problems paying 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%.
FTS-PR-K 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-K shows a small growth in Revenue. The Revenue has grown by 5.21% in the last 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)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
FTS-PR-K is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.39% yearly.
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 Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
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
With a Price/Earnings ratio of 6.76, the valuation of FTS-PR-K can be described as very cheap.
FTS-PR-K's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.49. FTS-PR-K is valued rather cheaply when compared to this.
FTS-PR-K is valuated cheaply with a Price/Forward Earnings ratio of 6.32.
FTS-PR-K's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTS-PR-K is cheaper than 66.67% of the companies in the same industry.
FTS-PR-K's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.76 | ||
| Fwd PE | 6.32 |
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 | 8.2 |
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)0.91
PEG (5Y)1.33
EPS Next 2Y5.27%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.60%, FTS-PR-K has a reasonable but not impressive dividend return.
FTS-PR-K's Dividend Yield is slightly below the industry average, which is at 4.03.
Compared to an average S&P500 Dividend Yield of 2.31, FTS-PR-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
5.2 History
The dividend of FTS-PR-K has a limited annual growth rate of 5.61%.
FTS-PR-K has paid a dividend for at least 10 years, which is 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
50.83% of the earnings are spent on dividend by FTS-PR-K. This is a bit on the high side, but may be sustainable.
FTS-PR-K's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP50.83%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
TSX:FTS-PR-K (12/5/2025, 7:00:00 PM)
22.97
-0.07 (-0.3%)
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 Cap11.61B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target24.28 (5.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
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)2.4%
PT rev (3m)0.7%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.93%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)2.06%
Revenue NY rev (3m)-1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.76 | ||
| Fwd PE | 6.32 | ||
| P/S | 0.96 | ||
| P/FCF | N/A | ||
| P/OCF | 2.9 | ||
| P/B | 0.48 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 8.2 |
EPS(TTM)3.4
EY14.8%
EPS(NY)3.63
Fwd EY15.82%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY34.5%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.91
PEG (5Y)1.33
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
WACC4.74%
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 Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
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 3Y26.15%
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 5 / 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 7.44% 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%.