EMERA INC - EMACN 4 1/2 PERP (EMA-PR-E.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-E - CA2908767056
20.6 CAD
+0.02 (+0.1%)
Taking everything into account, EMA-PR-E scores 4 out of 10 in our fundamental rating. EMA-PR-E was compared to 18 industry peers in the Electric Utilities industry. While EMA-PR-E is still in line with the averages on profitability rating, there are concerns on its financial health. EMA-PR-E scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-E was profitable.
In the past year EMA-PR-E had a positive cash flow from operations.
In the past 5 years EMA-PR-E has always been profitable.
EMA-PR-E had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EMA-PR-E has a Return On Assets of 2.04%. This is comparable to the rest of the industry: EMA-PR-E outperforms 44.44% of its industry peers.
EMA-PR-E's Return On Equity of 6.60% is in line compared to the rest of the industry. EMA-PR-E outperforms 44.44% of its industry peers.
EMA-PR-E has a Return On Invested Capital (3.62%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EMA-PR-E is in line with the industry average of 4.02%.
The last Return On Invested Capital (3.62%) for EMA-PR-E 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
EMA-PR-E has a Profit Margin (10.65%) which is comparable to the rest of the industry.
EMA-PR-E's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 24.00%, EMA-PR-E perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
EMA-PR-E's Operating Margin has declined in the last couple of years.
| 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-E is destroying value.
EMA-PR-E has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EMA-PR-E has more shares outstanding
Compared to 1 year ago, EMA-PR-E has an improved debt to assets ratio.
2.2 Solvency
EMA-PR-E has an Altman-Z score of 0.48. This is a bad value and indicates that EMA-PR-E is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.48, EMA-PR-E is not doing good in the industry: 94.44% of the companies in the same industry are doing better.
EMA-PR-E has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.47, EMA-PR-E perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.77
WACC4.72%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-E may have some problems paying its short term obligations.
EMA-PR-E has a Current ratio of 0.72. This is amongst the best in the industry. EMA-PR-E outperforms 94.44% of its industry peers.
A Quick Ratio of 0.57 indicates that EMA-PR-E may have some problems paying its short term obligations.
EMA-PR-E has a Quick ratio of 0.57. This is amongst the best in the industry. EMA-PR-E outperforms 94.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.33% over the past year.
Measured over the past 5 years, EMA-PR-E shows a small growth in Earnings Per Share. The EPS has been growing by 2.49% on average per year.
EMA-PR-E shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.00%.
The Revenue has been growing slightly by 3.33% on average over the past years.
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
The Earnings Per Share is expected to grow by 6.35% on average over the next years.
The Revenue is expected to grow by 3.23% on average over the next years.
EPS Next Y21.27%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
EPS Next 5Y6.35%
Revenue Next Year13.08%
Revenue Next 2Y5.22%
Revenue Next 3Y5.69%
Revenue Next 5Y3.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.54, the valuation of EMA-PR-E can be described as very cheap.
88.89% of the companies in the same industry are more expensive than EMA-PR-E, based on the Price/Earnings ratio.
EMA-PR-E's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.27.
A Price/Forward Earnings ratio of 5.86 indicates a rather cheap valuation of EMA-PR-E.
Based on the Price/Forward Earnings ratio, EMA-PR-E is valued cheaper than 88.89% of the companies in the same industry.
EMA-PR-E is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.54 | ||
| Fwd PE | 5.86 |
4.2 Price Multiples
EMA-PR-E's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EMA-PR-E is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.62 |
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)0.26
PEG (5Y)2.23
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.66%, EMA-PR-E has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.26, EMA-PR-E's dividend is way lower than its industry peers. On top of this 94.44% of the companies listed in the same industry pay a better dividend than EMA-PR-E!
EMA-PR-E's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
The dividend of EMA-PR-E has a limited annual growth rate of 3.46%.
EMA-PR-E has been paying a dividend for at least 10 years, so it has a reliable track record.
EMA-PR-E has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.46%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
EMA-PR-E pays out 71.12% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EMA-PR-E is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.12%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
TSX:EMA-PR-E (9/15/2025, 7:00:00 PM)
20.6
+0.02 (+0.1%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners32.66%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap6.16B
Analysts70
Price Target21.61 (4.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP71.12%
Div Incr Years0
Div Non Decr Years11
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)6.99%
PT rev (3m)10.44%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)7.36%
EPS NY rev (1m)9.01%
EPS NY rev (3m)9.01%
Revenue NQ rev (1m)0.89%
Revenue NQ rev (3m)5.48%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)4.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.54 | ||
| Fwd PE | 5.86 | ||
| P/S | 0.75 | ||
| P/FCF | N/A | ||
| P/OCF | 2.74 | ||
| P/B | 0.46 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)3.72
EY18.06%
EPS(NY)3.51
Fwd EY17.05%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY36.53%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.26
PEG (5Y)2.23
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
WACC4.72%
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 Y21.27%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
EPS Next 5Y6.35%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
Revenue Next Year13.08%
Revenue Next 2Y5.22%
Revenue Next 3Y5.69%
Revenue Next 5Y3.23%
EBIT growth 1Y40.87%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y20.42%
FCF growth 1Y25.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.08%
OCF growth 3Y30.7%
OCF growth 5Y11.65%