Fortis 1St Operating Margin vs. Current Valuation
| FTS-PF Preferred Stock | CAD 21.21 0.21 1.00% |
For Fortis 1St profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fortis 1St to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fortis 1St Cum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fortis 1St's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fortis 1St Cum over time as well as its relative position and ranking within its peers.
Fortis |
Fortis 1St Cum Current Valuation vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fortis 1St's current stock value. Our valuation model uses many indicators to compare Fortis 1St value to that of its competitors to determine the firm's financial worth. Fortis 1St Cum is one of the top stocks in operating margin category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 155,907,988,211 of Current Valuation per Operating Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortis 1St by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortis 1St's Preferred 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.Fortis Current Valuation vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Fortis 1St |
| = | 0.26 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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 1St |
| = | 39.99 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 1St Cum 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 130.17 Billion. Fortis 1St totals roughly 39.99 Billion in current valuation claiming about 31% of Utilities - Regulated Electric industry.
Fortis 1St Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fortis 1St, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortis 1St will eventually generate negative long term returns. The profitability progress is the general direction of Fortis 1St's change in net profit over the period of time. It can combine multiple indicators of Fortis 1St, 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. It also owns and operates transmission and distribution lines and natural gas pipelines. FORTIS INC operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 8800 people.
Fortis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fortis 1St. 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 1St 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 1St's important profitability drivers and their relationship over time.
Use Fortis 1St in pair-trading
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 Fortis 1St 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 Fortis 1St will appreciate offsetting losses from the drop in the long position's value.Fortis 1St Pair Trading
Fortis 1St Cum Pair Trading Analysis
The ability to find closely correlated positions to Fortis 1St could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortis 1St 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 Fortis 1St - 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 Fortis 1St Cum to buy it.
The correlation of Fortis 1St 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 Fortis 1St moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortis 1St Cum 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 Fortis 1St 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.Use Investing Themes to Complement your Fortis 1St position
In addition to having Fortis 1St 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Fortis Preferred Stock
To fully project Fortis 1St's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fortis 1St Cum 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 1St's income statement, its balance sheet, and the statement of cash flows.