FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-M - CA3495537688
24.89 CAD
+0.49 (+2.01%)
FTS-PR-M gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. There are concerns on the financial health of FTS-PR-M while its profitability can be described as average. FTS-PR-M has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-M was profitable.
FTS-PR-M had a positive operating cash flow in the past year.
FTS-PR-M had positive earnings in each of the past 5 years.
Each year in the past 5 years FTS-PR-M had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FTS-PR-M (2.27%) is worse than 83.33% of its industry peers.
FTS-PR-M's Return On Equity of 6.97% is on the low side compared to the rest of the industry. FTS-PR-M is outperformed by 83.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.20%, FTS-PR-M is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FTS-PR-M is in line with the industry average of 4.03%.
The 3 year average ROIC (4.10%) for FTS-PR-M 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
With a decent Profit Margin value of 14.02%, FTS-PR-M is doing good in the industry, outperforming 61.11% of the companies in the same industry.
FTS-PR-M's Profit Margin has declined in the last couple of years.
FTS-PR-M's Operating Margin of 28.97% is fine compared to the rest of the industry. FTS-PR-M outperforms 72.22% of its industry peers.
In the last couple of years the Operating Margin of FTS-PR-M has remained more or less at the same level.
FTS-PR-M's Gross Margin of 72.57% is fine compared to the rest of the industry. FTS-PR-M outperforms 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 | 28.97% | ||
| 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-M 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-M has more shares outstanding
Compared to 5 years ago, FTS-PR-M has more shares outstanding
The debt/assets ratio for FTS-PR-M is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that FTS-PR-M is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.53, FTS-PR-M is doing good in the industry, outperforming 72.22% of the companies in the same industry.
A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS-PR-M has dependencies on debt financing.
FTS-PR-M has a better Debt to Equity ratio (1.35) than 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
WACC4.76%
2.3 Liquidity
A Current Ratio of 0.66 indicates that FTS-PR-M may have some problems paying its short term obligations.
The Current ratio of FTS-PR-M (0.66) is worse than 77.78% of its industry peers.
FTS-PR-M has a Quick Ratio of 0.66. 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.
FTS-PR-M has a Quick ratio of 0.54. 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 | 0.66 | ||
| 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-M 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-M 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
FTS-PR-M is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.39% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 7.32, the valuation of FTS-PR-M can be described as very cheap.
Based on the Price/Earnings ratio, FTS-PR-M is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.15, FTS-PR-M is valued rather cheaply.
A Price/Forward Earnings ratio of 6.91 indicates a rather cheap valuation of FTS-PR-M.
FTS-PR-M's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of FTS-PR-M to the average of the S&P500 Index (36.22), we can say FTS-PR-M is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.32 | ||
| Fwd PE | 6.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS-PR-M indicates a slightly more expensive valuation: FTS-PR-M is more expensive than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.37 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FTS-PR-M has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.14
PEG (5Y)1.44
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.50%, FTS-PR-M has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.92, FTS-PR-M is paying slightly less dividend.
FTS-PR-M'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-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
50.83% of the earnings are spent on dividend by FTS-PR-M. This is a bit on the high side, but may be sustainable.
The dividend of FTS-PR-M 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-M (12/2/2025, 7:00:00 PM)
24.89
+0.49 (+2.01%)
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 Cap12.58B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target25.28 (1.57%)
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 Years3
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)0.33%
PT rev (3m)6.83%
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 | 7.32 | ||
| Fwd PE | 6.91 | ||
| P/S | 1.04 | ||
| P/FCF | N/A | ||
| P/OCF | 3.14 | ||
| P/B | 0.52 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 8.37 |
EPS(TTM)3.4
EY13.66%
EPS(NY)3.6
Fwd EY14.46%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY31.84%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.14
PEG (5Y)1.44
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
WACC4.76%
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 5.493 PERP / FTS-PR-M.CA FAQ
Can you provide the ChartMill fundamental rating for FORTIS INC - FTSCN 5.493 PERP?
ChartMill assigns a fundamental rating of 4 / 10 to FTS-PR-M.CA.
Can you provide the valuation status for FORTIS INC - FTSCN 5.493 PERP?
ChartMill assigns a valuation rating of 5 / 10 to FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA). This can be considered as Fairly Valued.
What is the profitability of FTS-PR-M stock?
FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has a profitability rating of 6 / 10.
What is the financial health of FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) stock?
The financial health rating of FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) is 1 / 10.
Can you provide the expected EPS growth for FTS-PR-M stock?
The Earnings per Share (EPS) of FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) is expected to grow by 6.44% in the next year.