FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-F - CA3495538678
23.49 CAD
-0.21 (-0.89%)
Overall FTS-PR-F gets a fundamental rating of 4 out of 10. We evaluated FTS-PR-F against 18 industry peers in the Electric Utilities industry. While FTS-PR-F is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-F is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FTS-PR-F had positive earnings in the past year.
FTS-PR-F had a positive operating cash flow in the past year.
In the past 5 years FTS-PR-F has always been profitable.
Each year in the past 5 years FTS-PR-F had a positive operating cash flow.
1.2 Ratios
FTS-PR-F has a Return On Assets of 2.27%. This is in the lower half of the industry: FTS-PR-F underperforms 77.78% of its industry peers.
Looking at the Return On Equity, with a value of 6.97%, FTS-PR-F is doing worse than 77.78% of the companies in the same industry.
FTS-PR-F has a better Return On Invested Capital (4.20%) than 72.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-F is in line with the industry average of 4.03%.
The last Return On Invested Capital (4.20%) for FTS-PR-F is above the 3 year average (4.10%), which is a sign of increasing profitability.
| 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
With a decent Profit Margin value of 14.02%, FTS-PR-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-F's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 28.97%, FTS-PR-F is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
In the last couple of years the Operating Margin of FTS-PR-F has remained more or less at the same level.
FTS-PR-F's Gross Margin of 72.57% is fine compared to the rest of the industry. FTS-PR-F outperforms 77.78% of its industry peers.
FTS-PR-F's Gross Margin has been stable in the last couple of years.
| 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-F 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-F has more shares outstanding
FTS-PR-F has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FTS-PR-F is higher compared to a year ago.
2.2 Solvency
FTS-PR-F has an Altman-Z score of 0.53. This is a bad value and indicates that FTS-PR-F is not financially healthy and even has some risk of bankruptcy.
FTS-PR-F's Altman-Z score of 0.53 is fine compared to the rest of the industry. FTS-PR-F outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-F has dependencies on debt financing.
FTS-PR-F's Debt to Equity ratio of 1.35 is fine compared to the rest of the industry. FTS-PR-F outperforms 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.88
WACC4.75%
2.3 Liquidity
A Current Ratio of 0.66 indicates that FTS-PR-F may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, FTS-PR-F is doing worse than 72.22% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that FTS-PR-F may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.54, FTS-PR-F is doing worse than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.26% over the past year.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
The Revenue has been growing slightly by 5.21% in the past year.
The Revenue has been growing slightly by 5.55% on average over the past years.
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-F will show a small growth in Earnings Per Share. The EPS will grow by 6.39% on average per year.
The Revenue is expected to grow by 3.98% on average over the next years.
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y6.39%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
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 6.91 indicates a rather cheap valuation of FTS-PR-F.
61.11% of the companies in the same industry are cheaper than FTS-PR-F, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.31, FTS-PR-F is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.53, the valuation of FTS-PR-F can be described as very cheap.
Based on the Price/Forward Earnings ratio, FTS-PR-F is valued a bit cheaper than 61.11% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FTS-PR-F to the average of the S&P500 Index (36.56), we can say FTS-PR-F is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.53 |
4.2 Price Multiples
FTS-PR-F's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FTS-PR-F is more expensive than 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
FTS-PR-F's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FTS-PR-F has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.07
PEG (5Y)1.36
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.50%, FTS-PR-F has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.92, FTS-PR-F is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, FTS-PR-F pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of FTS-PR-F has a limited annual growth rate of 5.61%.
FTS-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-F has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.61%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
FTS-PR-F 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-F is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP50.83%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-F (11/28/2025, 7:00:00 PM)
23.49
-0.21 (-0.89%)
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 Cap11.87B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target24.45 (4.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years0
Div Non Decr Years18
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)-0.82%
PT rev (3m)4.54%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)-0.92%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.53 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 2.96 | ||
| P/B | 0.49 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)3.4
EY14.47%
EPS(NY)3.6
Fwd EY15.32%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY33.74%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.07
PEG (5Y)1.36
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
WACC4.75%
ROIC/WACC0.88
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 Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y6.39%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.98%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
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 4.9 PERP / FTS-PR-F.CA FAQ
What is the fundamental rating for FTS-PR-F stock?
ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-F.CA.
Can you provide the valuation status for FORTIS INC - FTSCN 4.9 PERP?
ChartMill assigns a valuation rating of 5 / 10 to FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA). This can be considered as Fairly Valued.
How profitable is FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) stock?
FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) has a profitability rating of 6 / 10.
What is the expected EPS growth for FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) stock?
The Earnings per Share (EPS) of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) is expected to grow by 6.44% in the next year.
Can you provide the dividend sustainability for FTS-PR-F stock?
The dividend rating of FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) is 6 / 10 and the dividend payout ratio is 50.83%.