EMERA INC - EMACN 5.749 PERP (EMA-PR-F.CA) Stock Fundamental Analysis
TSX:EMA-PR-F - Toronto Stock Exchange - CA2908768047 - Currency: CAD
Overall EMA-PR-F gets a fundamental rating of 3 out of 10. We evaluated EMA-PR-F against 19 industry peers in the Electric Utilities industry. EMA-PR-F has a bad profitability rating. Also its financial health evaluation is rather negative. EMA-PR-F has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
EMA-PR-F had positive earnings in the past year.
EMA-PR-F had a positive operating cash flow in the past year.
EMA-PR-F had positive earnings in each of the past 5 years.
In the past 5 years EMA-PR-F always reported a positive cash flow from operatings.
1.2 Ratios
EMA-PR-F has a worse Return On Assets (2.19%) than 73.68% of its industry peers.
EMA-PR-F's Return On Equity of 7.00% is fine compared to the rest of the industry. EMA-PR-F outperforms 68.42% of its industry peers.
With a Return On Invested Capital value of 3.49%, EMA-PR-F is not doing good in the industry: 73.68% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for EMA-PR-F is in line with the industry average of 3.84%.
The last Return On Invested Capital (3.49%) for EMA-PR-F is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.19% | ||
| ROE | 7% | ||
| ROIC | 3.49% |
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
The Profit Margin of EMA-PR-F (11.07%) is worse than 73.68% of its industry peers.
EMA-PR-F's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 22.82%, EMA-PR-F is doing worse than 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of EMA-PR-F has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.82% | ||
| PM (TTM) | 11.07% | ||
| 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-F is destroying value.
EMA-PR-F has more shares outstanding than it did 1 year ago.
EMA-PR-F has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EMA-PR-F has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.52, we must say that EMA-PR-F is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.52, EMA-PR-F is doing good in the industry, outperforming 63.16% of the companies in the same industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that EMA-PR-F has dependencies on debt financing.
EMA-PR-F has a worse Debt to Equity ratio (1.50) than 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.52 |
ROIC/WACC0.74
WACC4.73%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-F may have some problems paying its short term obligations.
EMA-PR-F's Current ratio of 0.72 is on the low side compared to the rest of the industry. EMA-PR-F is outperformed by 68.42% of its industry peers.
A Quick Ratio of 0.54 indicates that EMA-PR-F may have some problems paying its short term obligations.
EMA-PR-F's Quick ratio of 0.54 is on the low side compared to the rest of the industry. EMA-PR-F is outperformed by 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
EMA-PR-F shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.28%, which is quite impressive.
The Earnings Per Share has been growing slightly by 2.49% on average over the past years.
EMA-PR-F shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.93%.
EMA-PR-F shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.33% yearly.
EPS 1Y (TTM)26.28%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%68.42%
Revenue 1Y (TTM)9.93%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%32.61%
3.2 Future
The Earnings Per Share is expected to grow by 5.79% on average over the next years.
Based on estimates for the next years, EMA-PR-F will show a small growth in Revenue. The Revenue will grow by 3.17% on average per year.
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.79%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y3.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 6.92 indicates a rather cheap valuation of EMA-PR-F.
Compared to the rest of the industry, the Price/Earnings ratio of EMA-PR-F is on the same level as its industry peers.
EMA-PR-F is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.08, the valuation of EMA-PR-F can be described as very cheap.
EMA-PR-F's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of EMA-PR-F to the average of the S&P500 Index (21.76), we can say EMA-PR-F is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.92 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EMA-PR-F is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.08 |
4.3 Compensation for Growth
EMA-PR-F's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.62
PEG (5Y)2.78
EPS Next 2Y7.26%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.68%, EMA-PR-F is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.57, EMA-PR-F is paying slightly less dividend.
EMA-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
The dividend of EMA-PR-F has a limited annual growth rate of 3.46%.
EMA-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
EMA-PR-F 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-F pays out 70.92% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EMA-PR-F is growing, but earnings are growing more, so the dividend growth is sustainable.
DP70.92%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
TSX:EMA-PR-F (7/10/2025, 7:00:00 PM)
23.95
+0.02 (+0.08%)
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 Cap7.17B
Analysts70.53
Price Target24.46 (2.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP70.92%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.4%
Min EPS beat(2)8.91%
Max EPS beat(2)27.9%
EPS beat(4)3
Avg EPS beat(4)7.35%
Min EPS beat(4)-10.21%
Max EPS beat(4)27.9%
EPS beat(8)4
Avg EPS beat(8)0.88%
EPS beat(12)7
Avg EPS beat(12)3.44%
EPS beat(16)8
Avg EPS beat(16)2.35%
Revenue beat(2)1
Avg Revenue beat(2)2.67%
Min Revenue beat(2)-13.96%
Max Revenue beat(2)19.3%
Revenue beat(4)1
Avg Revenue beat(4)-5.94%
Min Revenue beat(4)-23.25%
Max Revenue beat(4)19.3%
Revenue beat(8)1
Avg Revenue beat(8)-7.23%
Revenue beat(12)5
Avg Revenue beat(12)3.04%
Revenue beat(16)7
Avg Revenue beat(16)0.84%
PT rev (1m)6.58%
PT rev (3m)12.32%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)-9.97%
EPS NY rev (1m)0%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-7.36%
Revenue NQ rev (3m)-8.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.92 | ||
| Fwd PE | 7.08 | ||
| P/S | 0.91 | ||
| P/FCF | N/A | ||
| P/OCF | 2.58 | ||
| P/B | 0.58 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)3.46
EY14.45%
EPS(NY)3.38
Fwd EY14.12%
FCF(TTM)-1.66
FCFYN/A
OCF(TTM)9.28
OCFY38.73%
SpS26.26
BVpS41.53
TBVpS23.16
PEG (NY)0.62
PEG (5Y)2.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.19% | ||
| ROE | 7% | ||
| ROCE | 5.05% | ||
| ROIC | 3.49% | ||
| ROICexc | 3.52% | ||
| ROICexgc | 4.14% | ||
| OM | 22.82% | ||
| PM (TTM) | 11.07% | ||
| 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 Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.21 | ||
| Cap/Depr | 272.83% | ||
| Cap/Sales | 41.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.52 |
F-Score7
WACC4.73%
ROIC/WACC0.74
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)26.28%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%68.42%
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.79%
Revenue 1Y (TTM)9.93%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%32.61%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y3.17%
EBIT growth 1Y34.11%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y20.01%
FCF growth 1Y74.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y262.88%
OCF growth 3Y30.7%
OCF growth 5Y11.65%