Hydro One Financials

Hydro One Stock Summary

Hydro One competes with Fortis, Emera, Emera Srs, AltaGas, and Brookfield Infrastructure. Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada. HYDRO ONE operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 5708 people.

Hydro One Key Financial Ratios

Hydro One's financial ratios allow both analysts and investors to convert raw data from Hydro One's financial statements into concise, actionable information that can be used to evaluate the performance of Hydro One over time and compare it to other companies across industries.

Hydro Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hydro One's current stock value. Our valuation model uses many indicators to compare Hydro One value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hydro One competition to find correlations between indicators driving Hydro One's intrinsic value. More Info.Hydro One is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hydro One is roughly  2.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hydro One by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hydro One's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

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

Hydro One financial ratios help investors to determine whether Hydro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydro with respect to the benefits of owning Hydro One security.