Tortoise Capital Series Etf Fundamentals
| TPZ Etf | USD 21.02 0.04 0.19% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Tortoise Capital's long-term financial health and intrinsic value.
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Tortoise Capital Series ETF Price To Earning Analysis
Tortoise Capital's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Tortoise Capital Price To Earning | 10.14 X |
Most of Tortoise Capital's fundamental indicators, such as Price To Earning, 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, Tortoise Capital Series is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Tortoise Capital Series has a Price To Earning of 10.14 times. This is much higher than that of the Tortoise Capital Advisors, LLC family and significantly higher than that of the Equity Energy category. The price to earning for all United States etfs is notably lower than that of the firm.
Tortoise Capital Series Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tortoise Capital's current stock value. Our valuation model uses many indicators to compare Tortoise Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tortoise Capital competition to find correlations between indicators driving Tortoise Capital's intrinsic value. More Info.Tortoise Capital Series is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in beta as compared to similar ETFs totaling about 0.08 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Tortoise Capital Series is roughly 13.00 . 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 Tortoise Capital's earnings, one of the primary drivers of an investment's value.Tortoise Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tortoise Capital's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tortoise Capital could also be used in its relative valuation, which is a method of valuing Tortoise Capital by comparing valuation metrics of similar companies.Tortoise Capital is currently under evaluation in price to earning as compared to similar ETFs.
Tortoise Fundamentals
| Shares Outstanding | 6.53 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 44.26 % | ||||
| Number Of Shares Shorted | 11.49 K | ||||
| Price To Earning | 10.14 X | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | 1.31 X | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 91.62 M | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 29.94 % | ||||
| One Year Return | 30.82 % | ||||
| Three Year Return | 18.08 % | ||||
| Five Year Return | 8.20 % | ||||
| Net Asset | 159.22 M | ||||
| Last Dividend Paid | 1.26 |
About Tortoise Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tortoise Capital Series's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Capital Series based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.Under normal circumstances, the fund invests at least 80 percent of its total assets in essential energy assets. Essential energy assets are issuers that derive more than 50 percent of their revenue from power or energy infrastructure operations. Power infrastructure companies use long-lived assets to provide electric power generation , transmission and distribution. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tortoise Capital Series is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tortoise Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tortoise Capital Series Etf. Highlighted below are key reports to facilitate an investment decision about Tortoise Capital Series Etf:Check out Tortoise Capital Piotroski F Score and Tortoise Capital Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Tortoise Capital Series is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Capital's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Capital's market value can be influenced by many factors that don't directly affect Tortoise Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.