EMERA INC - EMACN 4 1/2 PERP (EMA-PR-E.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-E - CA2908767056
20.55 CAD
-0.09 (-0.44%)
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. EMA-PR-E has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on EMA-PR-E. Finally EMA-PR-E also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EMA-PR-E had positive earnings in the past year.
EMA-PR-E had a positive operating cash flow in the past year.
Each year in the past 5 years EMA-PR-E has been profitable.
Each year in the past 5 years EMA-PR-E had a positive operating cash flow.
1.2 Ratios
EMA-PR-E's Return On Assets of 2.04% 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 Equity (6.60%) which is comparable to the rest of the industry.
EMA-PR-E has a Return On Invested Capital (3.62%) which is in line with its industry peers.
EMA-PR-E had an Average Return On Invested Capital over the past 3 years of 3.14%. This 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's Profit Margin of 10.65% is in line compared to the rest of the industry. EMA-PR-E outperforms 44.44% of its industry peers.
In the last couple of years the Profit Margin of EMA-PR-E has declined.
Looking at the Operating Margin, with a value of 24.00%, EMA-PR-E is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of EMA-PR-E 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EMA-PR-E is destroying value.
EMA-PR-E has more shares outstanding than it did 1 year ago.
EMA-PR-E has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EMA-PR-E has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that EMA-PR-E is in the distress zone and has some risk of bankruptcy.
EMA-PR-E's Altman-Z score of 0.48 is on the low side compared to the rest of the industry. EMA-PR-E is outperformed by 94.44% of its industry peers.
EMA-PR-E has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of EMA-PR-E (1.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.78
WACC4.66%
2.3 Liquidity
EMA-PR-E has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
EMA-PR-E's Current ratio of 0.72 is amongst the best of the industry. EMA-PR-E outperforms 94.44% of its industry peers.
EMA-PR-E has a Quick Ratio of 0.72. This is a bad value and indicates that EMA-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.57, EMA-PR-E belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
| 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.
EMA-PR-E shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.49% yearly.
The Revenue has grown by 12.00% in the past year. This is quite good.
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
EMA-PR-E is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.29% yearly.
Based on estimates for the next years, EMA-PR-E 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.
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
A Price/Earnings ratio of 5.52 indicates a rather cheap valuation of EMA-PR-E.
Based on the Price/Earnings ratio, EMA-PR-E is valued cheaper than 88.89% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.40, EMA-PR-E is valued rather cheaply.
The Price/Forward Earnings ratio is 5.87, which indicates a rather cheap valuation of EMA-PR-E.
EMA-PR-E's Price/Forward Earnings ratio is rather cheap when compared to the industry. EMA-PR-E is cheaper than 88.89% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.94. EMA-PR-E is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.52 | ||
| Fwd PE | 5.87 |
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
EMA-PR-E's 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)2.22
EPS Next 2Y9.12%
EPS Next 3Y7.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.26%, EMA-PR-E is a good candidate for dividend investing.
EMA-PR-E's Dividend Yield is comparable with the industry average which is at 4.08.
EMA-PR-E's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 2Y9.12%
EPS Next 3Y7.37%
TSX:EMA-PR-E (10/14/2025, 7:00:00 PM)
20.55
-0.09 (-0.44%)
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 Cap6.17B
Analysts70
Price Target20.91 (1.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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)-3.25%
PT rev (3m)1.79%
EPS NQ rev (1m)0.48%
EPS NQ rev (3m)0.1%
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 | 5.52 | ||
| Fwd PE | 5.87 | ||
| P/S | 0.75 | ||
| P/FCF | N/A | ||
| P/OCF | 2.74 | ||
| P/B | 0.47 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)3.72
EY18.1%
EPS(NY)3.5
Fwd EY17.03%
FCF(TTM)-4.23
FCFYN/A
OCF(TTM)7.5
OCFY36.48%
SpS27.39
BVpS44.19
TBVpS24.69
PEG (NY)0.26
PEG (5Y)2.22
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
WACC4.66%
ROIC/WACC0.78
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%