FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-M - CA3495537688
24.21 CAD
+0.1 (+0.41%)
Taking everything into account, FTS-PR-M scores 4 out of 10 in our fundamental rating. FTS-PR-M was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-M belongs to the best of the industry regarding profitability, there are concerns on its financial health. FTS-PR-M is not valued too expensively and it also shows a decent growth rate. FTS-PR-M also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FTS-PR-M had positive earnings in the past year.
FTS-PR-M had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-M has been profitable.
FTS-PR-M had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTS-PR-M has a Return On Assets of 2.33%. This is in the better half of the industry: FTS-PR-M outperforms 61.11% of its industry peers.
The Return On Equity of FTS-PR-M (7.19%) is better than 61.11% of its industry peers.
FTS-PR-M has a Return On Invested Capital of 4.27%. This is in the better half of the industry: FTS-PR-M outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-M is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-M 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-M has a better Profit Margin (14.31%) than 61.11% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-M has declined.
FTS-PR-M has a better Operating Margin (28.90%) than 72.22% of its industry peers.
FTS-PR-M's Operating Margin has been stable in the last couple of years.
The Gross Margin of FTS-PR-M (72.37%) is better than 72.22% of its industry peers.
In the last couple of years the Gross Margin of FTS-PR-M 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-M is destroying value.
FTS-PR-M has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTS-PR-M has more shares outstanding
Compared to 1 year ago, FTS-PR-M has a worse debt to assets ratio.
2.2 Solvency
FTS-PR-M has an Altman-Z score of 0.52. This is a bad value and indicates that FTS-PR-M is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of FTS-PR-M (0.52) is better than 72.22% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that FTS-PR-M has dependencies on debt financing.
FTS-PR-M has a Debt to Equity ratio of 1.33. This is in the better half of the industry: FTS-PR-M outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.89
WACC4.81%
2.3 Liquidity
FTS-PR-M has a Current Ratio of 0.58. This is a bad value and indicates that FTS-PR-M is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of FTS-PR-M (0.58) is worse than 77.78% of its industry peers.
A Quick Ratio of 0.47 indicates that FTS-PR-M may have some problems paying its short term obligations.
FTS-PR-M has a Quick ratio of 0.47. This is in the lower half of the industry: FTS-PR-M underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.86% over the past year.
FTS-PR-M shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
FTS-PR-M shows a small growth in Revenue. In the last year, the Revenue has grown by 4.22%.
FTS-PR-M 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
The Earnings Per Share is expected to grow by 5.70% on average over the next years.
FTS-PR-M is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.62% yearly.
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
FTS-PR-M is valuated cheaply with a Price/Earnings ratio of 7.04.
Based on the Price/Earnings ratio, FTS-PR-M is valued a bit more expensive than 66.67% of the companies in the same industry.
FTS-PR-M is valuated cheaply when we compare the Price/Earnings ratio to 27.49, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.70 indicates a rather cheap valuation of FTS-PR-M.
The rest of the industry has a similar Price/Forward Earnings ratio as FTS-PR-M.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, FTS-PR-M is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 6.7 |
4.2 Price Multiples
FTS-PR-M's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FTS-PR-M is more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FTS-PR-M may justify a higher PE ratio.
PEG (NY)1.01
PEG (5Y)1.38
EPS Next 2Y4.95%
EPS Next 3Y4.98%
5. Dividend
5.1 Amount
FTS-PR-M has a Yearly Dividend Yield of 5.26%, which is a nice return.
FTS-PR-M's Dividend Yield is rather good when compared to the industry average which is at 4.72. FTS-PR-M pays more dividend than 83.33% of the companies in the same industry.
FTS-PR-M's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
5.2 History
The dividend of FTS-PR-M has a limited annual growth rate of 5.61%.
FTS-PR-M has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-M has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
49.62% of the earnings are spent on dividend by FTS-PR-M. This is a bit on the high side, but may be sustainable.
FTS-PR-M'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-M (10/14/2025, 7:00:00 PM)
24.21
+0.1 (+0.41%)
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 Cap12.19B
Analysts64.76
Price Target25.2 (4.09%)
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 Years0
Div Non Decr Years3
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)1.32%
PT rev (3m)4.36%
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)-2.15%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 6.7 | ||
| P/S | 1.03 | ||
| P/FCF | N/A | ||
| P/OCF | 2.82 | ||
| P/B | 0.52 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)3.44
EY14.21%
EPS(NY)3.61
Fwd EY14.92%
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)8.57
OCFY35.4%
SpS23.57
BVpS46.91
TBVpS18.87
PEG (NY)1.01
PEG (5Y)1.38
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
WACC4.81%
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)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%