FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
TSX:FTS-PR-K - Toronto Stock Exchange - CA3495537845 - Currency: CAD
Taking everything into account, FTS-PR-K scores 4 out of 10 in our fundamental rating. FTS-PR-K was compared to 19 industry peers in the Electric Utilities industry. FTS-PR-K has a medium profitability rating, but doesn't score so well on its financial health evaluation. FTS-PR-K is valued correctly, but it does not seem to be growing. 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.
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
Looking at the Return On Assets, with a value of 2.20%, FTS-PR-K is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
The Return On Equity of FTS-PR-K (6.82%) is worse than 78.95% of its industry peers.
With a decent Return On Invested Capital value of 4.04%, FTS-PR-K is doing good in the industry, outperforming 73.68% of the companies in the same industry.
FTS-PR-K had an Average Return On Invested Capital over the past 3 years of 4.10%. This is in line with the industry average of 3.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | 6.82% | ||
| ROIC | 4.04% |
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
The Profit Margin of FTS-PR-K (14.03%) is better than 73.68% 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 28.73%, FTS-PR-K is in the better half of the industry, outperforming 78.95% 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 better Gross Margin (72.03%) than 78.95% 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 | 28.73% | ||
| PM (TTM) | 14.03% | ||
| GM | 72.03% |
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-K is destroying value.
FTS-PR-K has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTS-PR-K has more shares outstanding
The debt/assets ratio for FTS-PR-K is higher compared to a year ago.
2.2 Solvency
FTS-PR-K has an Altman-Z score of 0.51. 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 (0.51) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.37 is on the high side and indicates that FTS-PR-K has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.37, FTS-PR-K is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.51 |
ROIC/WACC0.86
WACC4.71%
2.3 Liquidity
FTS-PR-K has a Current Ratio of 0.76. 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.
With a decent Current ratio value of 0.76, FTS-PR-K is doing good in the industry, outperforming 73.68% of the companies in the same industry.
FTS-PR-K has a Quick Ratio of 0.76. 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.
With a decent Quick ratio value of 0.63, FTS-PR-K is doing good in the industry, outperforming 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.72% over the past year.
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.
The Revenue has been growing slightly by 3.64% in the past 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)7.72%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%7.53%
Revenue 1Y (TTM)3.64%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%7.06%
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 5.31% yearly.
FTS-PR-K is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.02% yearly.
EPS Next Y5.01%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
EPS Next 5Y5.31%
Revenue Next Year5.39%
Revenue Next 2Y4.82%
Revenue Next 3Y4.06%
Revenue Next 5Y3.02%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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 6.87 indicates a rather cheap valuation of FTS-PR-K.
FTS-PR-K's Price/Earnings is on the same level as the industry average.
FTS-PR-K's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.50.
The Price/Forward Earnings ratio is 6.43, which indicates a rather cheap valuation of FTS-PR-K.
The rest of the industry has a similar Price/Forward Earnings ratio as FTS-PR-K.
The average S&P500 Price/Forward Earnings ratio is at 36.44. FTS-PR-K is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.43 |
4.2 Price Multiples
63.16% of the companies in the same industry are cheaper than FTS-PR-K, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.48 |
4.3 Compensation for Growth
FTS-PR-K's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FTS-PR-K has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.37
PEG (5Y)1.35
EPS Next 2Y4.48%
EPS Next 3Y4.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.14%, FTS-PR-K is a good candidate for dividend investing.
FTS-PR-K's Dividend Yield is rather good when compared to the industry average which is at 6.57. FTS-PR-K pays more dividend than 84.21% of the companies in the same industry.
FTS-PR-K's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.14% |
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
50.67% 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, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP50.67%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
TSX:FTS-PR-K (7/18/2025, 7:00:00 PM)
23.01
0 (0%)
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 Cap11.59B
Analysts54.17
Price Target23.82 (3.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.14% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.67%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.44%
Min EPS beat(2)1.1%
Max EPS beat(2)1.78%
EPS beat(4)4
Avg EPS beat(4)1.78%
Min EPS beat(4)1.1%
Max EPS beat(4)2.52%
EPS beat(8)7
Avg EPS beat(8)1.67%
EPS beat(12)10
Avg EPS beat(12)1.87%
EPS beat(16)10
Avg EPS beat(16)0.11%
Revenue beat(2)0
Avg Revenue beat(2)-5.78%
Min Revenue beat(2)-11.44%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-4.96%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)-0.12%
Revenue beat(8)0
Avg Revenue beat(8)-5.1%
Revenue beat(12)4
Avg Revenue beat(12)0.41%
Revenue beat(16)8
Avg Revenue beat(16)1.55%
PT rev (1m)5.36%
PT rev (3m)11.39%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)-1.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)0.4%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.43 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 2.68 | ||
| P/B | 0.48 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 8.48 |
EPS(TTM)3.35
EY14.56%
EPS(NY)3.58
Fwd EY15.56%
FCF(TTM)-2.62
FCFYN/A
OCF(TTM)8.59
OCFY37.34%
SpS23.29
BVpS47.92
TBVpS18.54
PEG (NY)1.37
PEG (5Y)1.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | 6.82% | ||
| ROCE | 4.86% | ||
| ROIC | 4.04% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 5.19% | ||
| OM | 28.73% | ||
| PM (TTM) | 14.03% | ||
| GM | 72.03% | ||
| 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 | 1.37 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.18 | ||
| Cap/Depr | 285.98% | ||
| Cap/Sales | 48.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.51 |
F-Score5
WACC4.71%
ROIC/WACC0.86
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)7.72%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%7.53%
EPS Next Y5.01%
EPS Next 2Y4.48%
EPS Next 3Y4.84%
EPS Next 5Y5.31%
Revenue 1Y (TTM)3.64%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%7.06%
Revenue Next Year5.39%
Revenue Next 2Y4.82%
Revenue Next 3Y4.06%
Revenue Next 5Y3.02%
EBIT growth 1Y7.64%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year73.58%
EBIT Next 3Y25.68%
EBIT Next 5Y16.93%
FCF growth 1Y-81.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y36.24%
OCF growth 3Y10.12%
OCF growth 5Y7.71%