FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-M - CA3495537688
24.02 CAD
+0.17 (+0.71%)
Overall FTS-PR-M gets a fundamental rating of 3 out of 10. We evaluated FTS-PR-M 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FTS-PR-M was profitable.
In the past year FTS-PR-M had a positive cash flow from operations.
FTS-PR-M had positive earnings in each of the past 5 years.
FTS-PR-M had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTS-PR-M has a worse Return On Assets (2.27%) than 88.89% of its industry peers.
Looking at the Return On Equity, with a value of 6.97%, FTS-PR-M is doing worse than 88.89% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.20%, FTS-PR-M is doing good in the industry, outperforming 61.11% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FTS-PR-M is in line with the industry average of 4.02%.
The last Return On Invested Capital (4.20%) for FTS-PR-M 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-M has a Profit Margin (14.02%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FTS-PR-M has declined.
Looking at the Operating Margin, with a value of 28.97%, FTS-PR-M is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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 has a better Gross Margin (72.57%) than 66.67% of its industry peers.
FTS-PR-M'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-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
FTS-PR-M has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FTS-PR-M 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-M is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, FTS-PR-M is in the better half of the industry, outperforming 77.78% 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's Debt to Equity ratio of 1.35 is fine compared to the rest of the industry. FTS-PR-M 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
A Current Ratio of 0.66 indicates that FTS-PR-M may have some problems paying its short term obligations.
FTS-PR-M's Current ratio of 0.66 is on the low side compared to the rest of the industry. FTS-PR-M is outperformed by 83.33% 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 amonst the worse of the industry: FTS-PR-M underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
FTS-PR-M shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.89%.
FTS-PR-M shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.08% yearly.
FTS-PR-M shows a small growth in Revenue. In the last year, the Revenue has grown by 5.21%.
FTS-PR-M shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%8.35%
3.2 Future
The Earnings Per Share is expected to grow by 5.85% on average over the next years.
FTS-PR-M 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
With a Price/Earnings ratio of 7.02, the valuation of FTS-PR-M can be described as very cheap.
FTS-PR-M's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of FTS-PR-M to the average of the S&P500 Index (25.45), we can say FTS-PR-M is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.67, the valuation of FTS-PR-M can be described as very cheap.
FTS-PR-M's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.46. FTS-PR-M is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6.67 |
4.2 Price Multiples
FTS-PR-M's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FTS-PR-M is more expensive than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.28 |
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)1.09
PEG (5Y)1.38
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.53%, FTS-PR-M has a reasonable but not impressive dividend return.
FTS-PR-M's Dividend Yield is comparable with the industry average which is at 4.08.
Compared to an average S&P500 Dividend Yield of 2.42, FTS-PR-M 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-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
FTS-PR-M pays out 50.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
FTS-PR-M'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-M (11/21/2025, 7:00:00 PM)
24.02
+0.17 (+0.71%)
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 Cap12.14B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts64.76
Price Target25.28 (5.25%)
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 Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.27%
Min EPS beat(2)-2.85%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.85%
Min EPS beat(4)-2.85%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)2%
EPS beat(12)10
Avg EPS beat(12)2.45%
EPS beat(16)11
Avg EPS beat(16)0.93%
Revenue beat(2)2
Avg Revenue beat(2)2.92%
Min Revenue beat(2)1.3%
Max Revenue beat(2)4.54%
Revenue beat(4)2
Avg Revenue beat(4)-1.43%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)4.54%
Revenue beat(8)2
Avg Revenue beat(8)-3.17%
Revenue beat(12)4
Avg Revenue beat(12)-0.42%
Revenue beat(16)8
Avg Revenue beat(16)1.57%
PT rev (1m)-1.89%
PT rev (3m)0.41%
EPS NQ rev (1m)-1.06%
EPS NQ rev (3m)-2.71%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)1.36%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6.67 | ||
| P/S | 1.01 | ||
| P/FCF | N/A | ||
| P/OCF | 3.03 | ||
| P/B | 0.5 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 8.28 |
EPS(TTM)3.42
EY14.24%
EPS(NY)3.6
Fwd EY14.99%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY33%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)1.09
PEG (5Y)1.38
Graham Number60.7
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)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
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%8.35%
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 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 3 / 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 4 / 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 5 / 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.