Fortis Financials

Fortis Stock Summary

Fortis competes with Equatorial Energia, Union Electric, Huadian Power, Ameren Corp, and Interconnection Electric. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. Fortis Inc operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 9100 people.

Fortis Key Financial Ratios

There are many critical financial ratios that Fortis' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fortis Inc reports annually and quarterly.

Fortis Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fortis's current stock value. Our valuation model uses many indicators to compare Fortis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortis competition to find correlations between indicators driving Fortis's intrinsic value. More Info.Fortis Inc is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortis Inc is roughly  2.39 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortis' earnings, one of the primary drivers of an investment's value.

Along with financial statement analysis, the daily predictive indicators of Fortis help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortis Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortis Inc based on widely used predictive technical indicators. In general, we focus on analyzing Fortis Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortis's daily price indicators and compare them against related drivers.

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.