Fortis Ev To Sales from 2010 to 2024

FTS Stock  USD 44.58  0.25  0.56%   
Fortis EV To Sales yearly trend continues to be comparatively stable with very little volatility. EV To Sales will likely drop to 2.82 in 2024. EV To Sales is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. View All Fundamentals
 
EV To Sales  
First Reported
2010-12-31
Previous Quarter
4.86311305
Current Value
2.82
Quarterly Volatility
1.1952121
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Ev To Sales Growth Pattern

Below is the plot of the Ev To Sales of Fortis Inc over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. Fortis' EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Ev To Sales10 Years Trend
Slightly volatile
   Ev To Sales   
       Timeline  

Fortis Ev To Sales Regression Statistics

Arithmetic Mean4.22
Geometric Mean4.03
Coefficient Of Variation28.29
Mean Deviation1.05
Median4.86
Standard Deviation1.20
Sample Variance1.43
Range4.0707
R-Value0.58
Mean Square Error1.01
R-Squared0.34
Significance0.02
Slope0.16
Total Sum of Squares20.00

Fortis Ev To Sales History

2024 2.82
2023 4.86
2022 4.96
2021 5.77
2020 5.46
2019 5.28
2018 5.22

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Ev To Sales, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
EV To Sales 4.86  2.82 

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Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.