Fortis Total Debt vs. Current Valuation
Fortis Inc Current Valuation vs. Total Debt Fundamental Analysis
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. Fortis Inc is rated below average in total debt category among its peers. It is rated as one of the top companies in current valuation category among its peers reporting about 1.45 of Current Valuation per Total Debt. 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.Fortis Total Debt vs. Competition
Fortis Inc is rated below average in total debt category among its peers. Total debt of Utilities—Regulated Electric industry is currently estimated at about 297.23 Billion. Fortis holds roughly 25.93 Billion in total debt claiming about 9% of Utilities—Regulated Electric industry.
Fortis Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Fortis |
| = | 25.93 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Fortis |
| = | 37.48 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Fortis Current Valuation vs Competition
Fortis Inc is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities—Regulated Electric industry is currently estimated at about 176.92 Billion. Fortis totals roughly 37.48 Billion in current valuation claiming about 21% of Utilities—Regulated Electric industry.
Fortis Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fortis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortis will eventually generate negative long term returns. The profitability progress is the general direction of Fortis' change in net profit over the period of time. It can combine multiple indicators of Fortis, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fortis. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fortis position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fortis' important profitability drivers and their relationship over time.
Fortis Earnings per Share Projection vs Actual
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Fortis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
Use Investing Themes to Complement your Fortis position
In addition to having Fortis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials ETFs Thematic Idea Now
Financials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Fortis Pink Sheet
When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortis' future performance. For an informed investment choice regarding Fortis Pink Sheet, refer to the following important reports:Check out Investing Opportunities. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
To fully project Fortis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fortis Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fortis' income statement, its balance sheet, and the statement of cash flows.