FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Fundamental Analysis
Canada - TSX:FTS-PR-M - CA3495537688
24.74 CAD
+0.05 (+0.2%)
We assign a fundamental rating of 4 out of 10 to FTS-PR-M. FTS-PR-M was compared to 18 industry peers in the Electric Utilities industry. FTS-PR-M has an excellent profitability rating, but there are concerns on its financial health. FTS-PR-M has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
In the past 5 years FTS-PR-M always reported a positive cash flow from operatings.
1.2 Ratios
FTS-PR-M's Return On Assets of 2.33% is fine compared to the rest of the industry. FTS-PR-M outperforms 61.11% of its industry peers.
FTS-PR-M has a better Return On Equity (7.19%) than 61.11% of its industry peers.
The Return On Invested Capital of FTS-PR-M (4.27%) 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 4.02%.
The last Return On Invested Capital (4.27%) for FTS-PR-M is above the 3 year average (4.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.19% | ||
| ROIC | 4.27% |
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 of 14.31%. This is in the better half of the industry: FTS-PR-M outperforms 61.11% of its industry peers.
In the last couple of years the Profit Margin of FTS-PR-M has declined.
FTS-PR-M has a better Operating Margin (28.90%) than 72.22% of its industry peers.
FTS-PR-M's Operating Margin has been stable in the last couple of years.
FTS-PR-M has a Gross Margin of 72.37%. This is in the better half 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 | 28.9% | ||
| PM (TTM) | 14.31% | ||
| GM | 72.37% |
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.
FTS-PR-M has more shares outstanding than it did 1 year ago.
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
FTS-PR-M has an Altman-Z score of 0.53. This is a bad value and indicates that FTS-PR-M is not financially healthy and even 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.
FTS-PR-M has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
FTS-PR-M's Debt to Equity ratio of 1.33 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 | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.89
WACC4.78%
2.3 Liquidity
A Current Ratio of 0.58 indicates that FTS-PR-M may have some problems paying its short term obligations.
FTS-PR-M has a Current ratio of 0.58. This is in the lower half of the industry: FTS-PR-M underperforms 77.78% of its industry peers.
A Quick Ratio of 0.47 indicates that FTS-PR-M may have some problems paying its short term obligations.
With a Quick ratio value of 0.47, FTS-PR-M is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 |
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%.
The Earnings Per Share has been growing slightly by 5.08% on average over the past years.
Looking at the last year, FTS-PR-M shows a decrease in Revenue. The Revenue has decreased by -0.08% in the last 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)7.89%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-2.32%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%8.35%
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 5.85% on average per year.
The Revenue is expected to grow by 3.76% on average over the next years.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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 7.23, 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.
When comparing the Price/Earnings ratio of FTS-PR-M to the average of the S&P500 Index (25.89), we can say FTS-PR-M is valued rather cheaply.
FTS-PR-M is valuated cheaply with a Price/Forward Earnings ratio of 6.87.
FTS-PR-M's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, FTS-PR-M is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.87 |
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 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.4 |
4.3 Compensation for Growth
FTS-PR-M's 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)1.12
PEG (5Y)1.42
EPS Next 2Y4.76%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
FTS-PR-M has a Yearly Dividend Yield of 3.49%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.31, FTS-PR-M is paying slightly less dividend.
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 | 3.49% |
5.2 History
The dividend of FTS-PR-M has a limited annual growth rate of 5.61%.
FTS-PR-M has paid a dividend for at least 10 years, which is 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
49.62% 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.
DP49.62%
EPS Next 2Y4.76%
EPS Next 3Y5.06%
TSX:FTS-PR-M (11/14/2025, 7:00:00 PM)
24.74
+0.05 (+0.2%)
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 Cap12.50B
Revenue(TTM)11.51B
Net Income(TTM)1.70B
Analysts64.76
Price Target24.72 (-0.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend1.65
Dividend Growth(5Y)5.61%
DP49.62%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.58%
Min EPS beat(2)1.78%
Max EPS beat(2)7.39%
EPS beat(4)4
Avg EPS beat(4)3.2%
Min EPS beat(4)1.1%
Max EPS beat(4)7.39%
EPS beat(8)8
Avg EPS beat(8)2.61%
EPS beat(12)11
Avg EPS beat(12)2.94%
EPS beat(16)11
Avg EPS beat(16)1.01%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-0.12%
Max Revenue beat(2)1.3%
Revenue beat(4)1
Avg Revenue beat(4)-4.01%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)1.3%
Revenue beat(8)1
Avg Revenue beat(8)-4.67%
Revenue beat(12)4
Avg Revenue beat(12)-0.26%
Revenue beat(16)8
Avg Revenue beat(16)1.34%
PT rev (1m)-1.89%
PT rev (3m)-2.9%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-1.42%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)1.36%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.87 | ||
| P/S | 1.05 | ||
| P/FCF | N/A | ||
| P/OCF | 2.9 | ||
| P/B | 0.53 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)3.42
EY13.82%
EPS(NY)3.6
Fwd EY14.55%
FCF(TTM)-3.49
FCFYN/A
OCF(TTM)8.54
OCFY34.52%
SpS23.49
BVpS46.74
TBVpS18.81
PEG (NY)1.12
PEG (5Y)1.42
Graham Number59.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.19% | ||
| ROCE | 5.15% | ||
| ROIC | 4.27% | ||
| ROICexc | 4.28% | ||
| ROICexgc | 5.43% | ||
| OM | 28.9% | ||
| PM (TTM) | 14.31% | ||
| GM | 72.37% | ||
| 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-Score5
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.78 | ||
| Cap/Depr | 302.94% | ||
| Cap/Sales | 51.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 0.53 |
F-Score5
WACC4.78%
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)7.89%
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)-0.08%
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 1Y6.75%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year71.64%
EBIT Next 3Y25.71%
EBIT Next 5Y18.17%
FCF growth 1Y-175.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.44%
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 7 / 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.