EMERA INC - EMACN 4 1/4 PERP (EMA-PR-J.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-J - CA2908768468
24.81 CAD
+0.01 (+0.04%)
EMA-PR-J gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years EMA-PR-J has been profitable.
Each year in the past 5 years EMA-PR-J had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.04%, EMA-PR-J is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
EMA-PR-J's Return On Equity of 6.60% is on the low side compared to the rest of the industry. EMA-PR-J is outperformed by 77.78% of its industry peers.
The Return On Invested Capital of EMA-PR-J (3.62%) is worse than 77.78% 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 77.78% of the companies in the same industry.
EMA-PR-J's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 24.00%, EMA-PR-J is doing worse than 72.22% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA-PR-J is destroying value.
Compared to 1 year ago, EMA-PR-J has more shares outstanding
Compared to 5 years ago, EMA-PR-J has more shares outstanding
The debt/assets ratio for EMA-PR-J has been reduced compared to a year ago.
2.2 Solvency
EMA-PR-J has an Altman-Z score of 0.50. This is a bad value and indicates that EMA-PR-J is not financially healthy and even has some risk of bankruptcy.
EMA-PR-J's Altman-Z score of 0.50 is on the low side compared to the rest of the industry. EMA-PR-J is outperformed by 61.11% of its industry peers.
A Debt/Equity ratio of 1.47 is on the high side and indicates that EMA-PR-J has dependencies on debt financing.
EMA-PR-J has a Debt to Equity ratio of 1.47. This is in the lower half of the industry: EMA-PR-J underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.5 |
ROIC/WACC0.75
WACC4.81%
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.
The Current ratio of EMA-PR-J (0.72) is better than 72.22% of its industry peers.
A Quick Ratio of 0.57 indicates that EMA-PR-J may have some problems paying its short term obligations.
EMA-PR-J's Quick ratio of 0.57 is fine compared to the rest of the industry. EMA-PR-J outperforms 72.22% 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.
The Earnings Per Share has been growing slightly by 2.49% on average over the past years.
Looking at the last year, EMA-PR-J shows a quite strong growth in Revenue. The Revenue has grown by 12.00% in the last year.
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
The Earnings Per Share is expected to grow by 6.35% on average over the next years.
EMA-PR-J is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.23% yearly.
EPS Next Y21.27%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
EPS Next 5Y6.35%
Revenue Next Year13.08%
Revenue Next 2Y5.22%
Revenue Next 3Y5.69%
Revenue Next 5Y3.23%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.67 indicates a rather cheap valuation of EMA-PR-J.
The rest of the industry has a similar Price/Earnings ratio as EMA-PR-J.
EMA-PR-J's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
With a Price/Forward Earnings ratio of 7.06, the valuation of EMA-PR-J can be described as very cheap.
61.11% of the companies in the same industry are cheaper than EMA-PR-J, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, EMA-PR-J is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.67 | ||
| Fwd PE | 7.06 |
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 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.01 |
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)0.31
PEG (5Y)2.68
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
EMA-PR-J has a Yearly Dividend Yield of 4.59%, which is a nice return.
Compared to an average industry Dividend Yield of 5.05, EMA-PR-J is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, EMA-PR-J pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
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
EMA-PR-J pays out 71.12% of its income as dividend. 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 (9/22/2025, 7:00:00 PM)
24.81
+0.01 (+0.04%)
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 Cap7.42B
Analysts70
Price Target26.06 (5.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
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)3.09%
PT rev (3m)5.14%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)7.36%
EPS NY rev (1m)0%
EPS NY rev (3m)9.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.48%
Revenue NY rev (1m)-3.33%
Revenue NY rev (3m)4.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.67 | ||
| Fwd PE | 7.06 | ||
| P/S | 0.9 | ||
| P/FCF | N/A | ||
| P/OCF | 3.3 | ||
| P/B | 0.56 | ||
| P/tB | 1 | ||
| EV/EBITDA | 8.01 |
EPS(TTM)3.72
EY14.99%
EPS(NY)3.51
Fwd EY14.16%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY30.33%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.31
PEG (5Y)2.68
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
WACC4.81%
ROIC/WACC0.75
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 5Y6.35%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
Revenue Next Year13.08%
Revenue Next 2Y5.22%
Revenue Next 3Y5.69%
Revenue Next 5Y3.23%
EBIT growth 1Y40.87%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y20.42%
FCF growth 1Y25.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.08%
OCF growth 3Y30.7%
OCF growth 5Y11.65%