EMERA INC - EMACN 4 1/4 PERP (EMA-PR-J.CA) Stock Fundamental Analysis
TSX:EMA-PR-J - CA2908768468
24.9 CAD
-0.04 (-0.16%)
Taking everything into account, EMA-PR-J scores 4 out of 10 in our fundamental rating. EMA-PR-J was compared to 18 industry peers in the Electric Utilities industry. Both the profitability and financial health of EMA-PR-J have multiple concerns. EMA-PR-J has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
EMA-PR-J had positive earnings in the past year.
In the past year EMA-PR-J had a positive cash flow from operations.
In the past 5 years EMA-PR-J has always been profitable.
EMA-PR-J had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.04%, EMA-PR-J is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
EMA-PR-J has a worse Return On Equity (6.60%) than 83.33% of its industry peers.
EMA-PR-J's Return On Invested Capital of 3.62% is on the low side compared to the rest of the industry. EMA-PR-J is outperformed by 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EMA-PR-J is in line with the industry average of 4.02%.
The last Return On Invested Capital (3.62%) for EMA-PR-J 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
Looking at the Profit Margin, with a value of 10.65%, EMA-PR-J is doing worse than 83.33% of the companies in the same industry.
EMA-PR-J's Profit Margin has declined in the last couple of years.
EMA-PR-J has a worse Operating Margin (24.00%) than 77.78% of its industry peers.
In the last couple of years the Operating Margin of EMA-PR-J 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
EMA-PR-J has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for EMA-PR-J has been increased compared to 1 year ago.
Compared to 5 years ago, EMA-PR-J has more shares outstanding
EMA-PR-J has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that EMA-PR-J is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.50, EMA-PR-J perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
EMA-PR-J has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
EMA-PR-J has a worse Debt to Equity ratio (1.47) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.5 |
ROIC/WACC0.74
WACC4.9%
2.3 Liquidity
EMA-PR-J has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.72, EMA-PR-J is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that EMA-PR-J may have some problems paying its short term obligations.
EMA-PR-J has a better Quick ratio (0.57) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
EMA-PR-J shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.33%, which is quite impressive.
EMA-PR-J 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
Based on estimates for the next years, EMA-PR-J will show a small growth in Earnings Per Share. The EPS will grow by 6.44% on average per year.
The Revenue is expected to grow by 3.31% on average over the next years.
EPS Next Y21.27%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
EPS Next 5Y6.44%
Revenue Next Year16.98%
Revenue Next 2Y7.53%
Revenue Next 3Y11.38%
Revenue Next 5Y3.31%
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
With a Price/Earnings ratio of 6.69, the valuation of EMA-PR-J can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of EMA-PR-J is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.90, EMA-PR-J is valued rather cheaply.
A Price/Forward Earnings ratio of 7.09 indicates a rather cheap valuation of EMA-PR-J.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EMA-PR-J indicates a slightly more expensive valuation: EMA-PR-J is more expensive than 66.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.52. EMA-PR-J is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
EMA-PR-J's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. EMA-PR-J is cheaper than 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.02 |
4.3 Compensation for Growth
EMA-PR-J's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.31
PEG (5Y)2.69
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
EMA-PR-J has a Yearly Dividend Yield of 5.16%, which is a nice return.
Compared to an average industry Dividend Yield of 5.89, EMA-PR-J is paying slightly less dividend.
EMA-PR-J's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
5.2 History
The dividend of EMA-PR-J has a limited annual growth rate of 3.46%.
EMA-PR-J has been paying a dividend for over 5 years, so it has already some track record.
EMA-PR-J 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
71.12% of the earnings are spent on dividend by EMA-PR-J. This is not a sustainable payout ratio.
EMA-PR-J's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.12%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
TSX:EMA-PR-J (9/2/2025, 7:00:00 PM)
24.9
-0.04 (-0.16%)
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 Cap7.45B
Analysts70.53
Price Target25.3 (1.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP71.12%
Div Incr Years0
Div Non Decr Years3
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)-2.71%
PT rev (3m)10.28%
EPS NQ rev (1m)0.3%
EPS NQ rev (3m)7.48%
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)3.95%
Revenue NY rev (3m)8.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 7.09 | ||
| P/S | 0.91 | ||
| P/FCF | N/A | ||
| P/OCF | 3.31 | ||
| P/B | 0.56 | ||
| P/tB | 1 | ||
| EV/EBITDA | 8.02 |
EPS(TTM)3.72
EY14.94%
EPS(NY)3.51
Fwd EY14.11%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY30.22%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.31
PEG (5Y)2.69
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 | 0.5 |
F-Score7
WACC4.9%
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)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 5Y6.44%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
Revenue Next Year16.98%
Revenue Next 2Y7.53%
Revenue Next 3Y11.38%
Revenue Next 5Y3.31%
EBIT growth 1Y40.87%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y20.51%
FCF growth 1Y25.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.08%
OCF growth 3Y30.7%
OCF growth 5Y11.65%