FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-M - CA3495537688
24.75 CAD
-0.05 (-0.2%)
Taking everything into account, FTS-PR-M scores 4 out of 10 in our fundamental rating. FTS-PR-M was compared to 18 industry peers in the Electric Utilities industry. While FTS-PR-M is still in line with the averages on profitability rating, there are concerns on its financial health. FTS-PR-M is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years FTS-PR-M has been profitable.
FTS-PR-M had a positive operating cash flow in each of the past 5 years.
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 has a Return On Equity of 6.97%. This is amonst the worse of the industry: FTS-PR-M underperforms 83.33% of its industry peers.
The Return On Invested Capital of FTS-PR-M (4.20%) is better than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
FTS-PR-M has a better Profit Margin (14.02%) than 61.11% of its industry peers.
FTS-PR-M's Profit Margin has declined in the last couple of years.
The Operating Margin of FTS-PR-M (28.97%) is better than 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.
Looking at the Gross Margin, with a value of 72.57%, FTS-PR-M is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTS-PR-M 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.
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.
FTS-PR-M's Altman-Z score of 0.53 is fine compared to the rest of the industry. FTS-PR-M outperforms 72.22% of its industry peers.
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 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
WACC4.77%
2.3 Liquidity
FTS-PR-M has a Current 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.
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.
Looking at the Quick ratio, with a value of 0.54, FTS-PR-M is doing worse than 77.78% of the companies in the same industry.
| 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-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)7.26%
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
Based on estimates for the next years, FTS-PR-M will show a small growth in Earnings Per Share. The EPS will grow by 6.39% on average per year.
The Revenue is expected to grow by 3.98% on average over the next years.
EPS Next Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
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
With a Price/Earnings ratio of 7.28, the valuation of FTS-PR-M can be described as very cheap.
FTS-PR-M's Price/Earnings ratio is a bit more expensive when compared to the industry. FTS-PR-M is more expensive than 66.67% of the companies in the same industry.
FTS-PR-M is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.81, which indicates a rather cheap valuation of FTS-PR-M.
The rest of the industry has a similar Price/Forward Earnings ratio as FTS-PR-M.
FTS-PR-M's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.28 | ||
| Fwd PE | 6.81 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than FTS-PR-M, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.36 |
4.3 Compensation for Growth
FTS-PR-M's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTS-PR-M has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.98
PEG (5Y)1.43
EPS Next 2Y5.27%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
FTS-PR-M has a Yearly Dividend Yield of 3.61%.
Compared to an average industry Dividend Yield of 4.01, 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 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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.
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 2Y5.27%
EPS Next 3Y5.68%
TSX:FTS-PR-M (12/24/2025, 7:00:00 PM)
24.75
-0.05 (-0.2%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners56.48%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap12.51B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target26.66 (7.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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)7.84%
PT rev (3m)6.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.93%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)2.06%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.28 | ||
| Fwd PE | 6.81 | ||
| P/S | 1.04 | ||
| P/FCF | N/A | ||
| P/OCF | 3.12 | ||
| P/B | 0.52 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 8.36 |
EPS(TTM)3.4
EY13.74%
EPS(NY)3.63
Fwd EY14.69%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)7.93
OCFY32.02%
SpS23.82
BVpS47.88
TBVpS19.4
PEG (NY)0.98
PEG (5Y)1.43
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
WACC4.77%
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 Y7.44%
EPS Next 2Y5.27%
EPS Next 3Y5.68%
EPS Next 5Y6.39%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.98%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26.15%
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 7.44% in the next year.