ITC Holdings Corp Financials

ITC Holdings Stock Summary

ITC Holdings competes with American Eagle, European Wax, Procter Gamble, Lincoln Electric, and Inter Parfums. ITC Holdings Corporation, through its subsidiaries, engages in the electric transmission operations in the United States.

ITC Holdings Key Financial Ratios

Generally speaking, ITC Holdings' financial ratios allow both analysts and investors to convert raw data from ITC Holdings' financial statements into concise, actionable information that can be used to evaluate the performance of ITC Holdings over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ITC Holdings Corp reports annually and quarterly.

ITC Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ITC Holdings's current stock value. Our valuation model uses many indicators to compare ITC Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ITC Holdings competition to find correlations between indicators driving ITC Holdings's intrinsic value. More Info.ITC Holdings Corp is currently regarded as number one stock in return on equity category among related companies. It is rated below average in return on asset category among related companies . The ratio of Return On Equity to Return On Asset for ITC Holdings Corp is about  32,225 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ITC Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ITC Holdings' 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. 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 ITC Holdings' earnings, one of the primary drivers of an investment's value.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

If you are still planning to invest in ITC Holdings Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ITC Holdings' history and understand the potential risks before investing.