EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis
TSX:EMA-PR-H - Toronto Stock Exchange - CA2908768617 - Currency: CAD
EMA-PR-H gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 19 industry peers in the Electric Utilities industry. EMA-PR-H may be in some trouble as it scores bad on both profitability and health. EMA-PR-H is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-H was profitable.
In the past year EMA-PR-H had a positive cash flow from operations.
In the past 5 years EMA-PR-H has always been profitable.
Each year in the past 5 years EMA-PR-H had a positive operating cash flow.
1.2 Ratios
EMA-PR-H has a Return On Assets of 2.19%. This is amonst the worse of the industry: EMA-PR-H underperforms 89.47% of its industry peers.
Looking at the Return On Equity, with a value of 7.00%, EMA-PR-H is in line with its industry, outperforming 52.63% of the companies in the same industry.
EMA-PR-H has a Return On Invested Capital of 3.49%. This is amonst the worse of the industry: EMA-PR-H underperforms 89.47% of its industry peers.
EMA-PR-H had an Average Return On Invested Capital over the past 3 years of 3.14%. This is in line with the industry average of 3.84%.
The 3 year average ROIC (3.14%) for EMA-PR-H is below the current ROIC(3.49%), indicating increased profibility in the last year.
| 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
EMA-PR-H has a Profit Margin of 11.07%. This is amonst the worse of the industry: EMA-PR-H underperforms 89.47% of its industry peers.
EMA-PR-H's Profit Margin has declined in the last couple of years.
The Operating Margin of EMA-PR-H (22.82%) is worse than 84.21% of its industry peers.
In the last couple of years the Operating Margin of EMA-PR-H 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA-PR-H is destroying value.
The number of shares outstanding for EMA-PR-H has been increased compared to 1 year ago.
EMA-PR-H has more shares outstanding than it did 5 years ago.
The debt/assets ratio for EMA-PR-H has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that EMA-PR-H is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, EMA-PR-H is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that EMA-PR-H has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.50, EMA-PR-H is doing worse than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.53
WACC6.64%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-H may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.72, EMA-PR-H is doing worse than 84.21% of the companies in the same industry.
A Quick Ratio of 0.54 indicates that EMA-PR-H may have some problems paying its short term obligations.
The Quick ratio of EMA-PR-H (0.54) is worse than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.28% over the past year.
Measured over the past 5 years, EMA-PR-H shows a small growth in Earnings Per Share. The EPS has been growing by 2.49% on average per year.
Looking at the last year, EMA-PR-H shows a quite strong growth in Revenue. The Revenue has grown by 9.93% in the last year.
Measured over the past years, EMA-PR-H shows a small growth in Revenue. The Revenue has been growing by 3.33% on average per year.
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
Based on estimates for the next years, EMA-PR-H will show a small growth in Earnings Per Share. The EPS will grow by 5.80% on average per year.
EMA-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.18% yearly.
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.8%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y3.18%
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
EMA-PR-H is valuated cheaply with a Price/Earnings ratio of 7.17.
Based on the Price/Earnings ratio, EMA-PR-H is valued a bit more expensive than the industry average as 73.68% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.69. EMA-PR-H is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.33 indicates a rather cheap valuation of EMA-PR-H.
73.68% of the companies in the same industry are cheaper than EMA-PR-H, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of EMA-PR-H to the average of the S&P500 Index (21.29), we can say EMA-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 7.33 |
4.2 Price Multiples
EMA-PR-H's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.15 |
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)0.64
PEG (5Y)2.88
EPS Next 2Y7.26%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
EMA-PR-H has a Yearly Dividend Yield of 5.90%, which is a nice return.
Compared to an average industry Dividend Yield of 6.66, EMA-PR-H has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, EMA-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.9% |
5.2 History
The dividend of EMA-PR-H has a limited annual growth rate of 3.46%.
EMA-PR-H has been paying a dividend for over 5 years, so it has already some track record.
As EMA-PR-H did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)3.46%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
70.92% of the earnings are spent on dividend by EMA-PR-H. This is not a sustainable payout ratio.
EMA-PR-H's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP70.92%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
TSX:EMA-PR-H (6/25/2025, 7:00:00 PM)
24.8
-0.12 (-0.48%)
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 Cap7.38B
Analysts70
Price Target26.26 (5.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.9% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP70.92%
Div Incr Years2
Div Non Decr Years6
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)9.51%
PT rev (3m)4.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.76%
EPS NY rev (1m)0%
EPS NY rev (3m)0.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 7.33 | ||
| P/S | 0.94 | ||
| P/FCF | N/A | ||
| P/OCF | 2.66 | ||
| P/B | 0.59 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)3.46
EY13.95%
EPS(NY)3.38
Fwd EY13.64%
FCF(TTM)-1.67
FCFYN/A
OCF(TTM)9.32
OCFY37.6%
SpS26.39
BVpS41.74
TBVpS23.28
PEG (NY)0.64
PEG (5Y)2.88
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 | 0.53 |
F-Score7
WACC6.64%
ROIC/WACC0.53
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 5Y5.8%
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 5Y3.18%
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%