Hydro One Stock Fundamentals
| H Stock | CAD 45.30 0.25 0.55% |
Hydro One fundamentals help investors to digest information that contributes to Hydro One's financial success or failures. It also enables traders to predict the movement of Hydro Stock. The fundamental analysis module provides a way to measure Hydro One's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hydro One stock.
As of the 27th of February 2025, Total Operating Expenses is likely to grow to about 6.7 B, while Depreciation And Amortization is likely to drop about 751.6 M. Hydro | Select Account or Indicator |
Hydro One Company Profit Margin Analysis
Hydro One's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Hydro One Profit Margin | 0.14 % |
Most of Hydro One's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hydro One is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hydro Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Hydro One is extremely important. It helps to project a fair market value of Hydro Stock properly, considering its historical fundamentals such as Profit Margin. Since Hydro One's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hydro One's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hydro One's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Hydro Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Hydro One has a Profit Margin of 0.1363%. This is 98.47% lower than that of the Electric Utilities sector and 97.87% lower than that of the Utilities industry. The profit margin for all Canada stocks is 110.73% lower than that of the firm.
Hydro One Fundamental Drivers 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 one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hydro One is roughly 2.75 . At this time, Hydro One's Return On Equity is very stable compared to the past year. 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.Hydro Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hydro One's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hydro One could also be used in its relative valuation, which is a method of valuing Hydro One by comparing valuation metrics of similar companies.Hydro One is currently under evaluation in profit margin category among its peers.
Hydro One Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hydro One from analyzing Hydro One's financial statements. These drivers represent accounts that assess Hydro One's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hydro One's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 17.1B | 19.7B | 21.7B | 23.6B | 26.5B | 27.9B | |
| Enterprise Value | 30.8B | 33.9B | 36.4B | 39.3B | 43.6B | 23.2B |
Hydro One ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hydro One's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hydro One's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Hydro Fundamentals
| Return On Equity | 0.0973 | ||||
| Return On Asset | 0.0354 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 44.02 B | ||||
| Shares Outstanding | 599.44 M | ||||
| Shares Owned By Insiders | 47.12 % | ||||
| Shares Owned By Institutions | 21.79 % | ||||
| Number Of Shares Shorted | 3.8 M | ||||
| Price To Earning | 15.93 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 3.20 X | ||||
| Revenue | 8.48 B | ||||
| Gross Profit | 3.03 B | ||||
| EBITDA | 2.88 B | ||||
| Net Income | 1.16 B | ||||
| Cash And Equivalents | 530 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.35 B | ||||
| Debt To Equity | 130.00 % | ||||
| Current Ratio | 0.41 X | ||||
| Book Value Per Share | 20.17 X | ||||
| Cash Flow From Operations | 2.53 B | ||||
| Short Ratio | 5.34 X | ||||
| Earnings Per Share | 1.93 X | ||||
| Price To Earnings To Growth | 3.14 X | ||||
| Target Price | 44.88 | ||||
| Number Of Employees | 7.26 K | ||||
| Beta | 0.35 | ||||
| Market Capitalization | 27.15 B | ||||
| Total Asset | 36.68 B | ||||
| Retained Earnings | 6.36 B | ||||
| Working Capital | (1.38 B) | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 36.68 B | ||||
| Last Dividend Paid | 1.24 |
About Hydro One Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hydro One's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hydro One using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hydro One based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 43.7 M | 41.5 M | |
| Total Revenue | 8.5 B | 6.7 B | |
| Cost Of Revenue | 5.5 B | 4.1 B | |
| Capex To Revenue | 0.33 | 0.21 | |
| Revenue Per Share | 14.16 | 13.45 | |
| Ebit Per Revenue | 0.21 | 0.17 |
Pair Trading with Hydro One
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hydro One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hydro One will appreciate offsetting losses from the drop in the long position's value.Moving together with Hydro Stock
Moving against Hydro Stock
The ability to find closely correlated positions to Hydro One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydro One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hydro One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hydro One to buy it.
The correlation of Hydro One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hydro One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydro One moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hydro One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Hydro Stock
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.