FORTIS INC (FTS.CA) Fundamental Analysis & Valuation
TSX:FTS • CA3495531079
Current stock price
79.3 CAD
-0.01 (-0.01%)
Last:
This FTS.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. FTS.CA Profitability Analysis
1.1 Basic Checks
- In the past year FTS was profitable.
- FTS had a positive operating cash flow in the past year.
- FTS had positive earnings in each of the past 5 years.
- FTS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FTS has a Return On Assets (2.29%) which is in line with its industry peers.
- FTS has a worse Return On Equity (7.20%) than 94.44% of its industry peers.
- With a Return On Invested Capital value of 4.32%, FTS perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FTS is in line with the industry average of 4.07%.
- The 3 year average ROIC (4.23%) for FTS is below the current ROIC(4.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 7.2% | ||
| ROIC | 4.32% |
ROA(3y)2.25%
ROA(5y)2.19%
ROE(3y)6.98%
ROE(5y)6.73%
ROIC(3y)4.23%
ROIC(5y)4.11%
1.3 Margins
- FTS has a Profit Margin (14.08%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of FTS has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 28.69%, FTS is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
- In the last couple of years the Operating Margin of FTS has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 72.30%, FTS is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
- In the last couple of years the Gross Margin of FTS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.69% | ||
| PM (TTM) | 14.08% | ||
| GM | 72.3% |
OM growth 3Y4.96%
OM growth 5Y0.44%
PM growth 3Y5.35%
PM growth 5Y0.8%
GM growth 3Y4.03%
GM growth 5Y0.27%
2. FTS.CA Health Analysis
2.1 Basic Checks
- FTS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for FTS has been increased compared to 1 year ago.
- FTS has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for FTS is higher compared to a year ago.
2.2 Solvency
- FTS has an Altman-Z score of 0.82. This is a bad value and indicates that FTS is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of FTS (0.82) is better than 88.89% of its industry peers.
- A Debt/Equity ratio of 1.32 is on the high side and indicates that FTS has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.32, FTS perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.82 |
ROIC/WACC0.73
WACC5.94%
2.3 Liquidity
- FTS has a Current Ratio of 0.51. This is a bad value and indicates that FTS is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.51, FTS is doing worse than 94.44% of the companies in the same industry.
- FTS has a Quick Ratio of 0.51. This is a bad value and indicates that FTS is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.42, FTS is not doing good in the industry: 94.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.42 |
3. FTS.CA Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 5.79% over the past year.
- Measured over the past 5 years, FTS shows a small growth in Earnings Per Share. The EPS has been growing by 6.11% on average per year.
- The Revenue has been growing slightly by 5.75% in the past year.
- FTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.37% yearly.
EPS 1Y (TTM)5.79%
EPS 3Y7.67%
EPS 5Y6.11%
EPS Q2Q%8.43%
Revenue 1Y (TTM)5.75%
Revenue growth 3Y3.29%
Revenue growth 5Y6.37%
Sales Q2Q%4.41%
3.2 Future
- Based on estimates for the next years, FTS will show a small growth in Earnings Per Share. The EPS will grow by 5.39% on average per year.
- The Revenue is expected to grow by 4.03% on average over the next years.
EPS Next Y5.86%
EPS Next 2Y5.98%
EPS Next 3Y5.81%
EPS Next 5Y5.39%
Revenue Next Year6.5%
Revenue Next 2Y5.91%
Revenue Next 3Y8%
Revenue Next 5Y4.03%
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.
- 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. FTS.CA Valuation Analysis
4.1 Price/Earnings Ratio
- FTS is valuated rather expensively with a Price/Earnings ratio of 22.85.
- Based on the Price/Earnings ratio, FTS is valued more expensive than 88.89% of the companies in the same industry.
- FTS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.91.
- With a Price/Forward Earnings ratio of 21.59, FTS is valued on the expensive side.
- FTS's Price/Forward Earnings ratio is rather expensive when compared to the industry. FTS is more expensive than 88.89% of the companies in the same industry.
- FTS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.85 | ||
| Fwd PE | 21.59 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTS indicates a rather expensive valuation: FTS more expensive than 88.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.35 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of FTS may justify a higher PE ratio.
PEG (NY)3.9
PEG (5Y)3.74
EPS Next 2Y5.98%
EPS Next 3Y5.81%
5. FTS.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.31%, FTS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.73, FTS has a dividend in line with its industry peers.
- FTS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
- The dividend of FTS decreases each year by -1.07%.
- FTS has been paying a dividend for at least 10 years, so it has a reliable track record.
- FTS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.07%
Div Incr Years26
Div Non Decr Years34
5.3 Sustainability
- 50.93% of the earnings are spent on dividend by FTS. This is a bit on the high side, but may be sustainable.
DP50.93%
EPS Next 2Y5.98%
EPS Next 3Y5.81%
FTS.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:FTS (4/9/2026, 7:00:00 PM)
79.3
-0.01 (-0.01%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)05-05 2026-05-05
Inst Owners56.27%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap40.23B
Revenue(TTM)12.17B
Net Income(TTM)1.71B
Analysts64.76
Price Target78.81 (-0.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend1.73
Dividend Growth(5Y)-1.07%
DP50.93%
Div Incr Years26
Div Non Decr Years34
Ex-Date05-15 2026-05-15 (0.64)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.15%
Min EPS beat(2)-5.22%
Max EPS beat(2)4.93%
EPS beat(4)3
Avg EPS beat(4)2.22%
Min EPS beat(4)-5.22%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)2.16%
EPS beat(12)10
Avg EPS beat(12)2.56%
EPS beat(16)12
Avg EPS beat(16)1.8%
Revenue beat(2)2
Avg Revenue beat(2)3.26%
Min Revenue beat(2)2.3%
Max Revenue beat(2)4.23%
Revenue beat(4)3
Avg Revenue beat(4)1.93%
Min Revenue beat(4)-0.12%
Max Revenue beat(4)4.23%
Revenue beat(8)3
Avg Revenue beat(8)-2.43%
Revenue beat(12)4
Avg Revenue beat(12)-2.25%
Revenue beat(16)8
Avg Revenue beat(16)1.02%
PT rev (1m)1.11%
PT rev (3m)4.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.33%
EPS NY rev (1m)0%
EPS NY rev (3m)0.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.14%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.85 | ||
| Fwd PE | 21.59 | ||
| P/S | 3.31 | ||
| P/FCF | N/A | ||
| P/OCF | 9.9 | ||
| P/B | 1.69 | ||
| P/tB | 4.21 | ||
| EV/EBITDA | 13.35 |
EPS(TTM)3.47
EY4.38%
EPS(NY)3.67
Fwd EY4.63%
FCF(TTM)-4.28
FCFYN/A
OCF(TTM)8.01
OCFY10.1%
SpS23.99
BVpS46.93
TBVpS18.84
PEG (NY)3.9
PEG (5Y)3.74
Graham Number60.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 7.2% | ||
| ROCE | 5.19% | ||
| ROIC | 4.32% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 5.5% | ||
| OM | 28.69% | ||
| PM (TTM) | 14.08% | ||
| GM | 72.3% | ||
| FCFM | N/A |
ROA(3y)2.25%
ROA(5y)2.19%
ROE(3y)6.98%
ROE(5y)6.73%
ROIC(3y)4.23%
ROIC(5y)4.11%
ROICexc(3y)4.26%
ROICexc(5y)4.13%
ROICexgc(3y)5.46%
ROICexgc(5y)5.36%
ROCE(3y)5.07%
ROCE(5y)4.93%
ROICexgc growth 3Y1.57%
ROICexgc growth 5Y-0.01%
ROICexc growth 3Y2.95%
ROICexc growth 5Y1.15%
OM growth 3Y4.96%
OM growth 5Y0.44%
PM growth 3Y5.35%
PM growth 5Y0.8%
GM growth 3Y4.03%
GM growth 5Y0.27%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.67 | ||
| Cap/Depr | 303.06% | ||
| Cap/Sales | 51.22% | ||
| Interest Coverage | 2.38 | ||
| Cash Conversion | 73.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 0.82 |
F-Score7
WACC5.94%
ROIC/WACC0.73
Cap/Depr(3y)269.66%
Cap/Depr(5y)253.14%
Cap/Sales(3y)44.26%
Cap/Sales(5y)40.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.79%
EPS 3Y7.67%
EPS 5Y6.11%
EPS Q2Q%8.43%
EPS Next Y5.86%
EPS Next 2Y5.98%
EPS Next 3Y5.81%
EPS Next 5Y5.39%
Revenue 1Y (TTM)5.75%
Revenue growth 3Y3.29%
Revenue growth 5Y6.37%
Sales Q2Q%4.41%
Revenue Next Year6.5%
Revenue Next 2Y5.91%
Revenue Next 3Y8%
Revenue Next 5Y4.03%
EBIT growth 1Y6.08%
EBIT growth 3Y8.42%
EBIT growth 5Y6.84%
EBIT Next Year70.28%
EBIT Next 3Y25.38%
EBIT Next 5Y21.53%
FCF growth 1Y-62.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.64%
OCF growth 3Y9.74%
OCF growth 5Y8.5%
FORTIS INC / FTS.CA Fundamental Analysis FAQ
What is the fundamental rating for FTS stock?
ChartMill assigns a fundamental rating of 3 / 10 to FTS.CA.
What is the valuation status of FORTIS INC (FTS.CA) stock?
ChartMill assigns a valuation rating of 1 / 10 to FORTIS INC (FTS.CA). This can be considered as Overvalued.
What is the profitability of FTS stock?
FORTIS INC (FTS.CA) has a profitability rating of 6 / 10.
What is the valuation of FORTIS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORTIS INC (FTS.CA) is 22.85 and the Price/Book (PB) ratio is 1.69.
What is the financial health of FORTIS INC (FTS.CA) stock?
The financial health rating of FORTIS INC (FTS.CA) is 1 / 10.