EMERA INC - EMACN 4.951 PERP (EMA-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-A - CA2908763097
21.25 CAD
-0.03 (-0.14%)
EMA-PR-A gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. Both the profitability and financial health of EMA-PR-A have multiple concerns. EMA-PR-A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-A was profitable.
In the past year EMA-PR-A had a positive cash flow from operations.
EMA-PR-A had positive earnings in each of the past 5 years.
In the past 5 years EMA-PR-A always reported a positive cash flow from operatings.
1.2 Ratios
EMA-PR-A has a Return On Assets of 2.04%. This is in the lower half of the industry: EMA-PR-A underperforms 66.67% of its industry peers.
EMA-PR-A has a Return On Equity of 6.60%. This is in the lower half of the industry: EMA-PR-A underperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.62%, EMA-PR-A is doing worse than 66.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EMA-PR-A is in line with the industry average of 4.02%.
The last Return On Invested Capital (3.62%) for EMA-PR-A is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 6.6% | ||
| ROIC | 3.62% |
ROA(3y)2%
ROA(5y)2.1%
ROE(3y)6.7%
ROE(5y)7.06%
ROIC(3y)3.14%
ROIC(5y)2.92%
1.3 Margins
With a Profit Margin value of 10.65%, EMA-PR-A is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of EMA-PR-A has declined.
EMA-PR-A's Operating Margin of 24.00% is on the low side compared to the rest of the industry. EMA-PR-A is outperformed by 61.11% of its industry peers.
In the last couple of years the Operating Margin of EMA-PR-A has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24% | ||
| PM (TTM) | 10.65% | ||
| GM | N/A |
OM growth 3Y3.96%
OM growth 5Y-4.26%
PM growth 3Y-8.12%
PM growth 5Y-8.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA-PR-A is destroying value.
EMA-PR-A has more shares outstanding than it did 1 year ago.
The number of shares outstanding for EMA-PR-A has been increased compared to 5 years ago.
The debt/assets ratio for EMA-PR-A has been reduced compared to a year ago.
2.2 Solvency
EMA-PR-A has an Altman-Z score of 0.48. This is a bad value and indicates that EMA-PR-A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.48, EMA-PR-A is doing worse than 83.33% of the companies in the same industry.
A Debt/Equity ratio of 1.47 is on the high side and indicates that EMA-PR-A has dependencies on debt financing.
EMA-PR-A has a Debt to Equity ratio of 1.47. This is in the lower half of the industry: EMA-PR-A underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.77
WACC4.68%
2.3 Liquidity
EMA-PR-A has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of EMA-PR-A (0.72) is better than 83.33% of its industry peers.
A Quick Ratio of 0.57 indicates that EMA-PR-A may have some problems paying its short term obligations.
EMA-PR-A has a Quick ratio of 0.57. This is amongst the best in the industry. EMA-PR-A outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
EMA-PR-A shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.33%, which is quite impressive.
The Earnings Per Share has been growing slightly by 2.49% on average over the past years.
The Revenue has grown by 12.00% in the past year. This is quite good.
EMA-PR-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.33% yearly.
EPS 1Y (TTM)39.33%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%49.06%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
3.2 Future
Based on estimates for the next years, EMA-PR-A will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.29% on average per year.
Based on estimates for the next years, EMA-PR-A will show a small growth in Revenue. The Revenue will grow by 3.70% on average per year.
EPS Next Y21.14%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
EPS Next 5Y8.29%
Revenue Next Year13.49%
Revenue Next 2Y4.24%
Revenue Next 3Y4.95%
Revenue Next 5Y3.7%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.71, the valuation of EMA-PR-A can be described as very cheap.
EMA-PR-A's Price/Earnings ratio is a bit cheaper when compared to the industry. EMA-PR-A is cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. EMA-PR-A is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.07 indicates a rather cheap valuation of EMA-PR-A.
77.78% of the companies in the same industry are more expensive than EMA-PR-A, based on the Price/Forward Earnings ratio.
EMA-PR-A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 6.07 |
4.2 Price Multiples
EMA-PR-A's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EMA-PR-A is cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.69 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.27
PEG (5Y)2.3
EPS Next 2Y9.12%
EPS Next 3Y7.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, EMA-PR-A is a good candidate for dividend investing.
EMA-PR-A's Dividend Yield is slightly below the industry average, which is at 4.72.
EMA-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
5.2 History
The dividend of EMA-PR-A has a limited annual growth rate of 3.46%.
EMA-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
EMA-PR-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.46%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
EMA-PR-A pays out 71.12% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EMA-PR-A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.12%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
TSX:EMA-PR-A (10/10/2025, 7:00:00 PM)
21.25
-0.03 (-0.14%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners57.67%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap6.38B
Analysts70
Price Target20.95 (-1.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP71.12%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.12%
Min EPS beat(2)20.34%
Max EPS beat(2)27.9%
EPS beat(4)4
Avg EPS beat(4)14.99%
Min EPS beat(4)2.82%
Max EPS beat(4)27.9%
EPS beat(8)5
Avg EPS beat(8)3.91%
EPS beat(12)8
Avg EPS beat(12)5.32%
EPS beat(16)9
Avg EPS beat(16)3.65%
Revenue beat(2)1
Avg Revenue beat(2)5.95%
Min Revenue beat(2)-7.41%
Max Revenue beat(2)19.3%
Revenue beat(4)1
Avg Revenue beat(4)-1.98%
Min Revenue beat(4)-13.96%
Max Revenue beat(4)19.3%
Revenue beat(8)1
Avg Revenue beat(8)-6.12%
Revenue beat(12)4
Avg Revenue beat(12)2.34%
Revenue beat(16)7
Avg Revenue beat(16)1.31%
PT rev (1m)0.1%
PT rev (3m)7.51%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)8.89%
Revenue NQ rev (1m)-2.3%
Revenue NQ rev (3m)-0.94%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 6.07 | ||
| P/S | 0.78 | ||
| P/FCF | N/A | ||
| P/OCF | 2.83 | ||
| P/B | 0.48 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 7.69 |
EPS(TTM)3.72
EY17.51%
EPS(NY)3.5
Fwd EY16.47%
FCF(TTM)-4.23
FCFYN/A
OCF(TTM)7.5
OCFY35.27%
SpS27.39
BVpS44.19
TBVpS24.69
PEG (NY)0.27
PEG (5Y)2.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| ROE | 6.6% | ||
| ROCE | 5.22% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.64% | ||
| ROICexgc | 4.29% | ||
| OM | 24% | ||
| PM (TTM) | 10.65% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2%
ROA(5y)2.1%
ROE(3y)6.7%
ROE(5y)7.06%
ROIC(3y)3.14%
ROIC(5y)2.92%
ROICexc(3y)3.18%
ROICexc(5y)2.95%
ROICexgc(3y)3.8%
ROICexgc(5y)3.58%
ROCE(3y)4.61%
ROCE(5y)4.29%
ROICexcg growth 3Y1.9%
ROICexcg growth 5Y-7.94%
ROICexc growth 3Y3.35%
ROICexc growth 5Y-6.78%
OM growth 3Y3.96%
OM growth 5Y-4.26%
PM growth 3Y-8.12%
PM growth 5Y-8.76%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.12 | ||
| Cap/Depr | 287.67% | ||
| Cap/Sales | 42.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.48 |
F-Score7
WACC4.68%
ROIC/WACC0.77
Cap/Depr(3y)272.75%
Cap/Depr(5y)273.57%
Cap/Sales(3y)38.94%
Cap/Sales(5y)41.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.33%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%49.06%
EPS Next Y21.14%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
EPS Next 5Y8.29%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
Revenue Next Year13.49%
Revenue Next 2Y4.24%
Revenue Next 3Y4.95%
Revenue Next 5Y3.7%
EBIT growth 1Y40.87%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year100.79%
EBIT Next 3Y29.41%
EBIT Next 5Y21.2%
FCF growth 1Y25.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.08%
OCF growth 3Y30.7%
OCF growth 5Y11.65%