Why is Fortis, Inc. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Operating profit has grown by an annual rate 6.25% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 7.55% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate 6.25% of over the last 5 years
3
Flat results in Jun 25
- DEBT-EQUITY RATIO (HY) Highest at 142.17 %
- DIVIDEND PAYOUT RATIO(Y) Lowest at 80.54%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Power)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Fortis, Inc. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Fortis, Inc.
17.05%
4.68
14.33%
S&P/TSX 60
23.72%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
6.37%
EBIT Growth (5y)
6.84%
EBIT to Interest (avg)
2.42
Debt to EBITDA (avg)
6.22
Net Debt to Equity (avg)
1.39
Sales to Capital Employed (avg)
0.21
Tax Ratio
16.15%
Dividend Payout Ratio
73.03%
Pledged Shares
0
Institutional Holding
53.68%
ROCE (avg)
5.80%
ROE (avg)
7.55%
Valuation Key Factors 
Factor
Value
P/E Ratio
21
Industry P/E
Price to Book Value
1.70
EV to EBIT
21.32
EV to EBITDA
13.41
EV to Capital Employed
1.29
EV to Sales
6.12
PEG Ratio
6.03
Dividend Yield
NA
ROCE (Latest)
6.05%
ROE (Latest)
8.04%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
6What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 4,062 MM
DIVIDEND PER SHARE(HY)
Highest at CAD 7.24
DEBTORS TURNOVER RATIO(HY)
Highest at 7.24 times
-3What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at 144.17 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 13.01 times
Here's what is working for Fortis, Inc.
Operating Cash Flow
Highest at CAD 4,062 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Dividend per share
Highest at CAD 7.24 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (CAD)
Debtors Turnover Ratio
Highest at 7.24 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Fortis, Inc.
Debt-Equity Ratio
Highest at 144.17 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio
Lowest at 13.01 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






