EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis
TSX:EMA-PR-H - Toronto Stock Exchange - CA2908768617 - Currency: CAD
We assign a fundamental rating of 3 out of 10 to EMA-PR-H. EMA-PR-H was compared to 19 industry peers in the Electric Utilities industry. EMA-PR-H has a bad profitability rating. Also its financial health evaluation is rather negative. EMA-PR-H has a correct valuation and a medium growth rate. EMA-PR-H also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-H was profitable.
EMA-PR-H had a positive operating cash flow in the past year.
Each year in the past 5 years EMA-PR-H has been profitable.
In the past 5 years EMA-PR-H always reported a positive cash flow from operatings.
1.2 Ratios
EMA-PR-H has a Return On Assets of 2.19%. This is comparable to the rest of the industry: EMA-PR-H outperforms 52.63% 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.
The Return On Invested Capital of EMA-PR-H (3.49%) is worse than 89.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EMA-PR-H is in line with the industry average of 3.84%.
The last Return On Invested Capital (3.49%) for EMA-PR-H 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-H (11.07%) is worse than 89.47% of its industry peers.
EMA-PR-H's Profit Margin has declined in the last couple of years.
EMA-PR-H's Operating Margin of 22.82% is on the low side compared to the rest of the industry. EMA-PR-H is outperformed by 84.21% of its industry peers.
EMA-PR-H's Operating Margin has declined in the last couple of years.
| 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.
Compared to 5 years ago, EMA-PR-H has more shares outstanding
EMA-PR-H has a better debt/assets ratio than last year.
2.2 Solvency
EMA-PR-H has an Altman-Z score of 0.53. This is a bad value and indicates that EMA-PR-H is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.53, EMA-PR-H is doing good in 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.
EMA-PR-H has a worse Debt to Equity ratio (1.50) than 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.74
WACC4.72%
2.3 Liquidity
EMA-PR-H has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
EMA-PR-H has a Current ratio (0.72) which is in line with its industry peers.
A Quick Ratio of 0.54 indicates that EMA-PR-H may have some problems paying its short term obligations.
EMA-PR-H has a Quick ratio (0.54) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
EMA-PR-H shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.28%, which is quite impressive.
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.
The Revenue has been growing slightly by 3.33% on average over the past years.
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
EMA-PR-H is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.39% yearly.
Based on estimates for the next years, EMA-PR-H will show a small growth in Revenue. The Revenue will grow by 2.62% on average per year.
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.39%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y2.62%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.20 indicates a rather cheap valuation of EMA-PR-H.
EMA-PR-H's Price/Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-H is more expensive than 73.68% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.25, EMA-PR-H is valued rather cheaply.
The Price/Forward Earnings ratio is 7.36, which indicates a rather cheap valuation of EMA-PR-H.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EMA-PR-H indicates a slightly more expensive valuation: EMA-PR-H is more expensive than 73.68% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.15. EMA-PR-H is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.2 | ||
| Fwd PE | 7.36 |
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
EMA-PR-H's 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)2.89
EPS Next 2Y7.26%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
EMA-PR-H has a Yearly Dividend Yield of 4.68%, which is a nice return.
EMA-PR-H's Dividend Yield is rather good when compared to the industry average which is at 4.19. EMA-PR-H pays more dividend than 89.47% of the companies in the same industry.
EMA-PR-H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
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.
EMA-PR-H has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.46%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
EMA-PR-H pays out 70.92% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EMA-PR-H 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-H (5/30/2025, 7:00:00 PM)
24.9
+0.15 (+0.61%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners31.98%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap7.41B
Analysts70.59
Price Target23.98 (-3.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
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)-1.35%
PT rev (3m)-5.09%
EPS NQ rev (1m)-9.59%
EPS NQ rev (3m)-2.62%
EPS NY rev (1m)0%
EPS NY rev (3m)0.68%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)7.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.2 | ||
| Fwd PE | 7.36 | ||
| P/S | 0.94 | ||
| P/FCF | N/A | ||
| P/OCF | 2.67 | ||
| P/B | 0.6 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)3.46
EY13.9%
EPS(NY)3.38
Fwd EY13.58%
FCF(TTM)-1.67
FCFYN/A
OCF(TTM)9.32
OCFY37.44%
SpS26.39
BVpS41.74
TBVpS23.28
PEG (NY)0.64
PEG (5Y)2.89
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
WACC4.72%
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 5Y5.39%
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 5Y2.62%
EBIT growth 1Y34.11%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y19.32%
FCF growth 1Y74.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y262.88%
OCF growth 3Y30.7%
OCF growth 5Y11.65%