FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-G - CA3495538348
24.16 CAD
+0.58 (+2.46%)
Taking everything into account, FTS-PR-G scores 3 out of 10 in our fundamental rating. FTS-PR-G was compared to 18 industry peers in the Electric Utilities industry. FTS-PR-G has a medium profitability rating, but doesn't score so well on its financial health evaluation. FTS-PR-G is valued correctly, 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.
In the past 5 years FTS-PR-G has always been profitable.
FTS-PR-G had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.27%, FTS-PR-G is doing worse than 88.89% of the companies in the same industry.
The Return On Equity of FTS-PR-G (6.97%) is worse than 88.89% of its industry peers.
With a decent Return On Invested Capital value of 4.20%, FTS-PR-G is doing good in the industry, outperforming 61.11% of the companies in the same industry.
FTS-PR-G had an Average Return On Invested Capital over the past 3 years of 4.10%. This is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.20%) for FTS-PR-G 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
FTS-PR-G has a Profit Margin (14.02%) which is comparable to the rest of the industry.
FTS-PR-G's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 28.97%, FTS-PR-G is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
FTS-PR-G's Operating Margin has been stable in the last couple of years.
FTS-PR-G has a better Gross Margin (72.57%) than 66.67% of its industry peers.
FTS-PR-G'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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTS-PR-G is destroying value.
The number of shares outstanding for FTS-PR-G has been increased compared to 1 year ago.
FTS-PR-G has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FTS-PR-G has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that FTS-PR-G is in the distress zone and has some risk of bankruptcy.
FTS-PR-G's Altman-Z score of 0.53 is fine compared to the rest of the industry. FTS-PR-G outperforms 77.78% of its industry peers.
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 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.87
WACC4.85%
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.
FTS-PR-G has a worse Current ratio (0.66) than 83.33% of its industry peers.
A Quick Ratio of 0.54 indicates that FTS-PR-G may have some problems paying its short term obligations.
With a Quick ratio value of 0.54, FTS-PR-G is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| 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.
Measured over the past 5 years, FTS-PR-G shows a small growth in Earnings Per Share. The EPS has been growing by 5.08% on average per year.
The Revenue has been growing slightly by 5.21% in the past year.
Measured over the past years, FTS-PR-G shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
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
The Earnings Per Share is expected to grow by 5.85% on average over the next years.
FTS-PR-G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.76% yearly.
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
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.11 indicates a rather cheap valuation of FTS-PR-G.
Based on the Price/Earnings ratio, FTS-PR-G is valued a bit more expensive than the industry average as 72.22% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.45, FTS-PR-G is valued rather cheaply.
The Price/Forward Earnings ratio is 6.71, which indicates a rather cheap valuation of FTS-PR-G.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTS-PR-G is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FTS-PR-G to the average of the S&P500 Index (34.46), we can say FTS-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.11 | ||
| Fwd PE | 6.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS-PR-G indicates a slightly more expensive valuation: FTS-PR-G is more expensive than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.3 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)1.4
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.53%, FTS-PR-G has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.08, FTS-PR-G has a dividend in line with its industry peers.
FTS-PR-G's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| 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 (11/21/2025, 7:00:00 PM)
24.16
+0.58 (+2.46%)
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 Cap12.21B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target25.36 (4.97%)
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 | 7.11 | ||
| Fwd PE | 6.71 | ||
| P/S | 1.01 | ||
| P/FCF | N/A | ||
| P/OCF | 3.05 | ||
| P/B | 0.5 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 8.3 |
EPS(TTM)3.4
EY14.07%
EPS(NY)3.6
Fwd EY14.9%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY32.8%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.1
PEG (5Y)1.4
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
WACC4.85%
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)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 5 / 10 and the dividend payout ratio is 50.83%.