FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-K - CA3495537845
23.14 CAD
+0.06 (+0.26%)
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 is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-K has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-K was profitable.
In the past year FTS-PR-K had a positive cash flow from operations.
Each year in the past 5 years FTS-PR-K has been profitable.
Each year in the past 5 years FTS-PR-K had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.27%, FTS-PR-K is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 6.97%, FTS-PR-K is doing worse than 72.22% of the companies in the same industry.
FTS-PR-K has a better Return On Invested Capital (4.20%) than 77.78% of its industry peers.
FTS-PR-K had an Average Return On Invested Capital over the past 3 years of 4.10%. This is in line with the industry average of 4.03%.
The last Return On Invested Capital (4.20%) for FTS-PR-K is above the 3 year average (4.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| 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-K's Profit Margin of 14.02% is fine compared to the rest 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 has a Operating Margin of 28.97%. This is amongst the best in 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 72.57%, 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 | 28.97% | ||
| 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-K is destroying value.
Compared to 1 year ago, FTS-PR-K has more shares outstanding
Compared to 5 years ago, FTS-PR-K has more shares outstanding
Compared to 1 year ago, FTS-PR-K has a worse debt to assets ratio.
2.2 Solvency
FTS-PR-K has an Altman-Z score of 0.52. This is a bad value and indicates that FTS-PR-K is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of FTS-PR-K (0.52) is better than 61.11% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-K has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.35, FTS-PR-K is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.89
WACC4.74%
2.3 Liquidity
A Current Ratio of 0.66 indicates that FTS-PR-K may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, FTS-PR-K is doing worse than 66.67% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that FTS-PR-K may have some problems paying its short term obligations.
FTS-PR-K has a worse Quick ratio (0.54) than 66.67% 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.
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 5.21%.
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)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 6.39% on average over the next years.
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
FTS-PR-K is valuated cheaply with a Price/Earnings ratio of 6.81.
FTS-PR-K's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.37. FTS-PR-K is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.43, 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 the industry average as 66.67% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.20. FTS-PR-K is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 6.43 |
4.2 Price Multiples
FTS-PR-K's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.21 |
4.3 Compensation for Growth
FTS-PR-K's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FTS-PR-K may justify a higher PE ratio.
PEG (NY)1.06
PEG (5Y)1.34
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
FTS-PR-K has a Yearly Dividend Yield of 3.50%.
Compared to an average industry Dividend Yield of 3.92, FTS-PR-K is paying slightly less dividend.
FTS-PR-K's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of FTS-PR-K has a limited annual growth rate of 5.61%.
FTS-PR-K has paid a dividend for at least 10 years, which is 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 50.83% 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.
DP50.83%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-K (12/3/2025, 7:00:00 PM)
23.14
+0.06 (+0.26%)
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 Cap11.70B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target23.95 (3.5%)
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 Years1
Div Non Decr Years4
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)0.7%
PT rev (3m)4.4%
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 | 6.81 | ||
| Fwd PE | 6.43 | ||
| P/S | 0.97 | ||
| P/FCF | N/A | ||
| P/OCF | 2.92 | ||
| P/B | 0.48 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 8.21 |
EPS(TTM)3.4
EY14.69%
EPS(NY)3.6
Fwd EY15.56%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY34.25%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.06
PEG (5Y)1.34
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 | 0.52 |
F-Score4
WACC4.74%
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)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 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 5 / 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 6 / 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 6.44% 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 50.83%.