FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-K - CA3495537845
23.77 CAD
+0.45 (+1.93%)
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 belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTS-PR-K has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FTS-PR-K had positive earnings in the past year.
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.
FTS-PR-K had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FTS-PR-K (2.33%) is better than 72.22% of its industry peers.
With a decent Return On Equity value of 7.19%, FTS-PR-K is doing good in the industry, outperforming 72.22% of the companies in the same industry.
FTS-PR-K has a Return On Invested Capital of 4.27%. This is in the better half of the industry: FTS-PR-K outperforms 77.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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.
FTS-PR-K's Profit Margin has declined in the last couple of years.
FTS-PR-K's Operating Margin of 28.90% 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.
Looking at the Gross Margin, with a value of 72.37%, 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 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTS-PR-K is destroying value.
The number of shares outstanding for FTS-PR-K has been increased compared to 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
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 1.33. This is a high value indicating a heavy dependency on external financing.
FTS-PR-K has a Debt to Equity ratio of 1.33. This is in the better half of the industry: FTS-PR-K outperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.87
WACC4.93%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-K may have some problems paying 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.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
FTS-PR-K shows a small growth in Revenue. In the last year, the Revenue has grown by 4.22%.
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
Based on estimates for the next years, FTS-PR-K will show a small growth in Earnings Per Share. The EPS will grow by 5.70% on average per year.
Based on estimates for the next years, FTS-PR-K will show a small growth in Revenue. The Revenue will grow by 3.62% on average per year.
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
With a Price/Earnings ratio of 6.91, the valuation of FTS-PR-K can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of FTS-PR-K is on the same level as its industry peers.
FTS-PR-K is valuated cheaply when we compare the Price/Earnings ratio to 26.13, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.58, the valuation of FTS-PR-K can be described as very cheap.
Based on the Price/Forward Earnings ratio, FTS-PR-K is valued a bit cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.35. FTS-PR-K is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.58 |
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 | 8.32 |
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.
The decent profitability rating of FTS-PR-K may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)1.36
EPS Next 2Y4.95%
EPS Next 3Y4.98%
5. Dividend
5.1 Amount
FTS-PR-K has a Yearly Dividend Yield of 3.48%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.93, FTS-PR-K is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.39, FTS-PR-K pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
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 49.62% of its income as dividend. 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.
DP49.62%
EPS Next 2Y4.95%
EPS Next 3Y4.98%
TSX:FTS-PR-K (11/5/2025, 7:00:00 PM)
23.77
+0.45 (+1.93%)
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 Cap12.01B
Revenue(TTM)11.87B
Net Income(TTM)1.70B
Analysts64.76
Price Target23.71 (-0.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
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)-1.94%
PT rev (3m)-4.26%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-1.42%
EPS NY rev (1m)0%
EPS NY rev (3m)1.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.58 | ||
| P/S | 1.01 | ||
| P/FCF | N/A | ||
| P/OCF | 2.78 | ||
| P/B | 0.51 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 8.32 |
EPS(TTM)3.44
EY14.47%
EPS(NY)3.61
Fwd EY15.2%
FCF(TTM)-3.49
FCFYN/A
OCF(TTM)8.54
OCFY35.93%
SpS23.49
BVpS46.74
TBVpS18.81
PEG (NY)0.99
PEG (5Y)1.36
Graham Number60.15
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%
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-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
WACC4.93%
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%
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 7 / 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 6.96% 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 49.62%.