EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) Stock Fundamental Analysis

TSX:EMA-PR-L • CA2908768203

20.65 CAD
+0.01 (+0.05%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall EMA-PR-L gets a fundamental rating of 4 out of 10. We evaluated EMA-PR-L against 18 industry peers in the Electric Utilities industry. While EMA-PR-L is still in line with the averages on profitability rating, there are concerns on its financial health. EMA-PR-L is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • EMA-PR-L had positive earnings in the past year.
  • In the past year EMA-PR-L had a positive cash flow from operations.
  • EMA-PR-L had positive earnings in each of the past 5 years.
  • In the past 5 years EMA-PR-L always reported a positive cash flow from operatings.
EMA-PR-L.CA Yearly Net Income VS EBIT VS OCF VS FCFEMA-PR-L.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.26%, EMA-PR-L is in line with its industry, outperforming 44.44% of the companies in the same industry.
  • EMA-PR-L's Return On Equity of 7.58% is amongst the best of the industry. EMA-PR-L outperforms 88.89% of its industry peers.
  • EMA-PR-L's Return On Invested Capital of 3.69% is in line compared to the rest of the industry. EMA-PR-L outperforms 44.44% of its industry peers.
  • EMA-PR-L had an Average Return On Invested Capital over the past 3 years of 3.21%. This is in line with the industry average of 4.07%.
  • The 3 year average ROIC (3.21%) for EMA-PR-L is below the current ROIC(3.69%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.26%
ROE 7.58%
ROIC 3.69%
ROA(3y)1.96%
ROA(5y)1.95%
ROE(3y)6.47%
ROE(5y)6.54%
ROIC(3y)3.21%
ROIC(5y)3.05%
EMA-PR-L.CA Yearly ROA, ROE, ROICEMA-PR-L.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • EMA-PR-L's Profit Margin of 11.55% is in line compared to the rest of the industry. EMA-PR-L outperforms 44.44% of its industry peers.
  • EMA-PR-L's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 23.36%, EMA-PR-L is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of EMA-PR-L has grown nicely.
Industry RankSector Rank
OM 23.36%
PM (TTM) 11.55%
GM N/A
OM growth 3Y1.36%
OM growth 5Y1.88%
PM growth 3Y-2.47%
PM growth 5Y-7.47%
GM growth 3YN/A
GM growth 5YN/A
EMA-PR-L.CA Yearly Profit, Operating, Gross MarginsEMA-PR-L.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA-PR-L is destroying value.
  • The number of shares outstanding for EMA-PR-L has been increased compared to 1 year ago.
  • Compared to 5 years ago, EMA-PR-L has more shares outstanding
  • The debt/assets ratio for EMA-PR-L is higher compared to a year ago.
EMA-PR-L.CA Yearly Shares OutstandingEMA-PR-L.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
EMA-PR-L.CA Yearly Total Debt VS Total AssetsEMA-PR-L.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • EMA-PR-L has an Altman-Z score of 0.46. This is a bad value and indicates that EMA-PR-L is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.46, EMA-PR-L is doing worse than 94.44% of the companies in the same industry.
  • EMA-PR-L has a Debt/Equity ratio of 1.51. This is a high value indicating a heavy dependency on external financing.
  • EMA-PR-L has a Debt to Equity ratio of 1.51. This is comparable to the rest of the industry: EMA-PR-L outperforms 44.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Altman-Z 0.46
ROIC/WACC0.79
WACC4.66%
EMA-PR-L.CA Yearly LT Debt VS Equity VS FCFEMA-PR-L.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.66 indicates that EMA-PR-L may have some problems paying its short term obligations.
  • With an excellent Current ratio value of 0.66, EMA-PR-L belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • EMA-PR-L has a Quick Ratio of 0.66. This is a bad value and indicates that EMA-PR-L is not financially healthy enough and could expect problems in meeting its short term obligations.
  • EMA-PR-L has a Quick ratio of 0.54. This is amongst the best in the industry. EMA-PR-L outperforms 88.89% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
EMA-PR-L.CA Yearly Current Assets VS Current LiabilitesEMA-PR-L.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 19.05% over the past year.
  • EMA-PR-L shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.41% yearly.
  • EMA-PR-L shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.89%.
  • Measured over the past years, EMA-PR-L shows a quite strong growth in Revenue. The Revenue has been growing by 9.77% on average per year.
EPS 1Y (TTM)19.05%
EPS 3Y3.03%
EPS 5Y5.41%
EPS Q2Q%-34.52%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y4.97%
Revenue growth 5Y9.77%
Sales Q2Q%13.78%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.68% on average over the next years.
  • The Revenue is expected to decrease by -0.44% on average over the next years.
EPS Next Y1.46%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EPS Next 5Y5.68%
Revenue Next Year-6.57%
Revenue Next 2Y1.24%
Revenue Next 3Y-0.99%
Revenue Next 5Y-0.44%

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 stable.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
EMA-PR-L.CA Yearly Revenue VS EstimatesEMA-PR-L.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
EMA-PR-L.CA Yearly EPS VS EstimatesEMA-PR-L.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 5.90, the valuation of EMA-PR-L can be described as very cheap.
  • Based on the Price/Earnings ratio, EMA-PR-L is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.07, EMA-PR-L is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 5.82, the valuation of EMA-PR-L can be described as very cheap.
  • EMA-PR-L's Price/Forward Earnings ratio is rather cheap when compared to the industry. EMA-PR-L is cheaper than 88.89% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of EMA-PR-L to the average of the S&P500 Index (28.05), we can say EMA-PR-L is valued rather cheaply.
Industry RankSector Rank
PE 5.9
Fwd PE 5.82
EMA-PR-L.CA Price Earnings VS Forward Price EarningsEMA-PR-L.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, EMA-PR-L is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.63
EMA-PR-L.CA Per share dataEMA-PR-L.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.05
PEG (5Y)1.09
EPS Next 2Y2.54%
EPS Next 3Y4.68%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.48%, EMA-PR-L is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.34, EMA-PR-L has a dividend in line with its industry peers.
  • EMA-PR-L's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.48%

5.2 History

  • The dividend of EMA-PR-L has a limited annual growth rate of 3.41%.
  • EMA-PR-L has been paying a dividend for over 5 years, so it has already some track record.
  • EMA-PR-L has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.41%
Div Incr Years0
Div Non Decr Years3
EMA-PR-L.CA Yearly Dividends per shareEMA-PR-L.CA Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • EMA-PR-L pays out 64.20% of its income as dividend. This is not a sustainable payout ratio.
  • EMA-PR-L's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.2%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EMA-PR-L.CA Yearly Income VS Free CF VS DividendEMA-PR-L.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B -1.5B
EMA-PR-L.CA Dividend Payout.EMA-PR-L.CA Dividend Payout, showing the Payout Ratio.EMA-PR-L.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

EMERA INC - EMACN 4.6 PERP

TSX:EMA-PR-L (2/27/2026, 7:00:00 PM)

20.65

+0.01 (+0.05%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-23
Earnings (Next)05-06
Inst Owners59.26%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap6.23B
Revenue(TTM)8.78B
Net Income(TTM)1.01B
Analysts67.37
Price Target21.19 (2.62%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.48%
Yearly Dividend2.18
Dividend Growth(5Y)3.41%
DP64.2%
Div Incr Years0
Div Non Decr Years3
Ex-Date01-30
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-2.12%
Max EPS beat(2)0.29%
EPS beat(4)3
Avg EPS beat(4)11.6%
Min EPS beat(4)-2.12%
Max EPS beat(4)27.9%
EPS beat(8)5
Avg EPS beat(8)5.13%
EPS beat(12)7
Avg EPS beat(12)2.4%
EPS beat(16)9
Avg EPS beat(16)3.59%
Revenue beat(2)2
Avg Revenue beat(2)30.92%
Min Revenue beat(2)11.02%
Max Revenue beat(2)50.83%
Revenue beat(4)3
Avg Revenue beat(4)18.43%
Min Revenue beat(4)-7.41%
Max Revenue beat(4)50.83%
Revenue beat(8)3
Avg Revenue beat(8)3.61%
Revenue beat(12)4
Avg Revenue beat(12)1.42%
Revenue beat(16)8
Avg Revenue beat(16)6.2%
PT rev (1m)-4.43%
PT rev (3m)-2.76%
EPS NQ rev (1m)-7.58%
EPS NQ rev (3m)15.6%
EPS NY rev (1m)0%
EPS NY rev (3m)1.23%
Revenue NQ rev (1m)-7.76%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.02%
Revenue NY rev (3m)-2.56%
Valuation
Industry RankSector Rank
PE 5.9
Fwd PE 5.82
P/S 0.71
P/FCF N/A
P/OCF 3.46
P/B 0.47
P/tB 0.8
EV/EBITDA 7.63
EPS(TTM)3.5
EY16.95%
EPS(NY)3.55
Fwd EY17.2%
FCF(TTM)-5.73
FCFYN/A
OCF(TTM)5.97
OCFY28.92%
SpS29.08
BVpS44.35
TBVpS25.86
PEG (NY)4.05
PEG (5Y)1.09
Graham Number59.1
Profitability
Industry RankSector Rank
ROA 2.26%
ROE 7.58%
ROCE 5.37%
ROIC 3.69%
ROICexc 3.72%
ROICexgc 4.33%
OM 23.36%
PM (TTM) 11.55%
GM N/A
FCFM N/A
ROA(3y)1.96%
ROA(5y)1.95%
ROE(3y)6.47%
ROE(5y)6.54%
ROIC(3y)3.21%
ROIC(5y)3.05%
ROICexc(3y)3.25%
ROICexc(5y)3.09%
ROICexgc(3y)3.83%
ROICexgc(5y)3.68%
ROCE(3y)4.65%
ROCE(5y)4.47%
ROICexgc growth 3Y0.67%
ROICexgc growth 5Y2.51%
ROICexc growth 3Y1.94%
ROICexc growth 5Y4.14%
OM growth 3Y1.36%
OM growth 5Y1.88%
PM growth 3Y-2.47%
PM growth 5Y-7.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Debt/EBITDA 6.05
Cap/Depr 272.11%
Cap/Sales 40.25%
Interest Coverage 2.04
Cash Conversion 53.82%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.54
Altman-Z 0.46
F-Score7
WACC4.66%
ROIC/WACC0.79
Cap/Depr(3y)273.22%
Cap/Depr(5y)269.63%
Cap/Sales(3y)40.95%
Cap/Sales(5y)39.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y3.03%
EPS 5Y5.41%
EPS Q2Q%-34.52%
EPS Next Y1.46%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EPS Next 5Y5.68%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y4.97%
Revenue growth 5Y9.77%
Sales Q2Q%13.78%
Revenue Next Year-6.57%
Revenue Next 2Y1.24%
Revenue Next 3Y-0.99%
Revenue Next 5Y-0.44%
EBIT growth 1Y57.09%
EBIT growth 3Y6.4%
EBIT growth 5Y11.83%
EBIT Next Year89.67%
EBIT Next 3Y30.28%
EBIT Next 5Y22.76%
FCF growth 1Y-242.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.9%
OCF growth 3Y25.44%
OCF growth 5Y1.94%

EMERA INC - EMACN 4.6 PERP / EMA-PR-L.CA FAQ

What is the fundamental rating for EMA-PR-L stock?

ChartMill assigns a fundamental rating of 5 / 10 to EMA-PR-L.CA.


What is the valuation status of EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA). This can be considered as Undervalued.


Can you provide the profitability details for EMERA INC - EMACN 4.6 PERP?

EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) has a profitability rating of 5 / 10.


What is the expected EPS growth for EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) stock?

The Earnings per Share (EPS) of EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) is expected to grow by 1.46% in the next year.


How sustainable is the dividend of EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) stock?

The dividend rating of EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) is 7 / 10 and the dividend payout ratio is 64.2%.