FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-G - CA3495538348
24.39 CAD
+0.14 (+0.58%)
We assign a fundamental rating of 4 out of 10 to FTS-PR-G. FTS-PR-G was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-G is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-G has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FTS-PR-G had positive earnings in the past year.
FTS-PR-G had a positive operating cash flow in the past year.
Each year in the past 5 years FTS-PR-G has been profitable.
In the past 5 years FTS-PR-G always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.27%, FTS-PR-G is doing worse than 83.33% of the companies in the same industry.
FTS-PR-G's Return On Equity of 6.97% is on the low side compared to the rest of the industry. FTS-PR-G is outperformed by 83.33% of its industry peers.
FTS-PR-G's Return On Invested Capital of 4.20% is fine compared to the rest of the industry. FTS-PR-G outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FTS-PR-G is in line with the industry average of 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-G 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-G has a Profit Margin of 14.02%. This is in the better half of the industry: FTS-PR-G outperforms 61.11% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-G has declined.
FTS-PR-G's Operating Margin of 28.97% is fine compared to the rest of the industry. FTS-PR-G outperforms 72.22% of its industry peers.
FTS-PR-G's Operating Margin has been stable in the last couple of years.
The Gross Margin of FTS-PR-G (72.57%) is better than 72.22% of its industry peers.
In the last couple of years the Gross Margin of FTS-PR-G 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTS-PR-G is destroying value.
FTS-PR-G has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTS-PR-G has more shares outstanding
Compared to 1 year ago, FTS-PR-G has a worse debt to assets ratio.
2.2 Solvency
FTS-PR-G has an Altman-Z score of 0.53. This is a bad value and indicates that FTS-PR-G is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.53, FTS-PR-G is doing good in the industry, outperforming 77.78% of the companies in the same industry.
FTS-PR-G has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
FTS-PR-G's Debt to Equity ratio of 1.35 is fine compared to the rest of the industry. FTS-PR-G outperforms 66.67% 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
FTS-PR-G has a Current Ratio of 0.66. This is a bad value and indicates that FTS-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.66, FTS-PR-G is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
A Quick Ratio of 0.54 indicates that FTS-PR-G may have some problems paying its short term obligations.
FTS-PR-G has a worse Quick ratio (0.54) than 77.78% of its industry peers.
| 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.
FTS-PR-G shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
FTS-PR-G shows a small growth in Revenue. In the last year, the Revenue has grown by 5.21%.
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
FTS-PR-G is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.85% yearly.
Based on estimates for the next years, FTS-PR-G will show a small growth in Revenue. The Revenue will grow by 3.76% on average per year.
EPS Next Y6.44%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
EPS Next 5Y5.85%
Revenue Next Year5.21%
Revenue Next 2Y4.5%
Revenue Next 3Y4.92%
Revenue Next 5Y3.76%
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
FTS-PR-G is valuated cheaply with a Price/Earnings ratio of 7.17.
Compared to the rest of the industry, the Price/Earnings ratio of FTS-PR-G indicates a slightly more expensive valuation: FTS-PR-G is more expensive than 66.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FTS-PR-G to the average of the S&P500 Index (26.31), we can say FTS-PR-G is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.78, the valuation of FTS-PR-G can be described as very cheap.
The rest of the industry has a similar Price/Forward Earnings ratio as FTS-PR-G.
When comparing the Price/Forward Earnings ratio of FTS-PR-G to the average of the S&P500 Index (36.59), we can say FTS-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 6.78 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than FTS-PR-G, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.31 |
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-G may justify a higher PE ratio.
PEG (NY)1.11
PEG (5Y)1.41
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
FTS-PR-G has a Yearly Dividend Yield of 3.53%.
Compared to an average industry Dividend Yield of 3.95, FTS-PR-G has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, FTS-PR-G pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
The dividend of FTS-PR-G has a limited annual growth rate of 5.61%.
FTS-PR-G has been paying a dividend for at least 10 years, so it has a reliable track record.
FTS-PR-G has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.61%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
FTS-PR-G pays out 50.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
FTS-PR-G'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 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-G (11/28/2025, 7:00:00 PM)
24.39
+0.14 (+0.58%)
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 Cap12.33B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target25.36 (3.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years2
Div Non Decr Years10
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)-0.58%
PT rev (3m)5.23%
EPS NQ rev (1m)0.15%
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 | 7.17 | ||
| Fwd PE | 6.78 | ||
| P/S | 1.02 | ||
| P/FCF | N/A | ||
| P/OCF | 3.08 | ||
| P/B | 0.51 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 8.31 |
EPS(TTM)3.4
EY13.94%
EPS(NY)3.6
Fwd EY14.76%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY32.5%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.11
PEG (5Y)1.41
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 5Y5.85%
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 5Y3.76%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18.17%
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 6.123 PERP / FTS-PR-G.CA FAQ
What is the ChartMill fundamental rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-G.CA.
What is the valuation status of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for FORTIS INC - FTSCN 6.123 PERP?
FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) has a profitability rating of 6 / 10.
Can you provide the financial health for FTS-PR-G stock?
The financial health rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) is 1 / 10.
How sustainable is the dividend of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) stock?
The dividend rating of FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) is 6 / 10 and the dividend payout ratio is 50.83%.