EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:EMA-PR-L • CA2908768203
20.88 CAD
+0.12 (+0.58%)
Last: Jan 30, 2026, 07:00 PM
EMA-PR-L gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. EMA-PR-L also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- EMA-PR-L had positive earnings in the past year.
- EMA-PR-L had a positive operating cash flow in the past year.
- EMA-PR-L had positive earnings in each of the past 5 years.
- EMA-PR-L had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- EMA-PR-L has a Return On Assets of 2.56%. This is amongst the best in the industry. EMA-PR-L outperforms 83.33% of its industry peers.
- The Return On Equity of EMA-PR-L (8.29%) is better than 83.33% of its industry peers.
- With a Return On Invested Capital value of 3.70%, EMA-PR-L is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
- EMA-PR-L had an Average Return On Invested Capital over the past 3 years of 3.14%. This is in line with the industry average of 4.03%.
- The last Return On Invested Capital (3.70%) for EMA-PR-L is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 8.29% | ||
| ROIC | 3.7% |
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
- With a Profit Margin value of 12.89%, EMA-PR-L is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of EMA-PR-L has declined.
- EMA-PR-L has a Operating Margin (23.65%) which is comparable to the rest of the industry.
- EMA-PR-L's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.65% | ||
| PM (TTM) | 12.89% | ||
| 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-L is destroying value.
- The number of shares outstanding for EMA-PR-L has been increased compared to 1 year ago.
- The number of shares outstanding for EMA-PR-L has been increased compared to 5 years ago.
- The debt/assets ratio for EMA-PR-L has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.49, we must say that EMA-PR-L is in the distress zone and has some risk of bankruptcy.
- EMA-PR-L has a Altman-Z score of 0.49. This is amonst the worse of the industry: EMA-PR-L underperforms 88.89% of its industry peers.
- EMA-PR-L has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
- EMA-PR-L's Debt to Equity ratio of 1.47 is on the low side compared to the rest of the industry. EMA-PR-L is outperformed by 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.79
WACC4.66%
2.3 Liquidity
- A Current Ratio of 0.72 indicates that EMA-PR-L may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.72, EMA-PR-L belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
- EMA-PR-L has a Quick Ratio of 0.72. 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.
- Looking at the Quick ratio, with a value of 0.57, EMA-PR-L belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 38.83% over the past year.
- The Earnings Per Share has been growing slightly by 2.49% on average over the past years.
- Looking at the last year, EMA-PR-L shows a quite strong growth in Revenue. The Revenue has grown by 15.17% in the last year.
- Measured over the past years, EMA-PR-L shows a small growth in Revenue. The Revenue has been growing by 3.33% on average per year.
EPS 1Y (TTM)38.83%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%8.64%
Revenue 1Y (TTM)15.17%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%16.87%
3.2 Future
- Based on estimates for the next years, EMA-PR-L will show a small growth in Earnings Per Share. The EPS will grow by 7.96% on average per year.
- The Revenue is expected to grow by 2.56% on average over the next years.
EPS Next Y21.58%
EPS Next 2Y9.9%
EPS Next 3Y7.77%
EPS Next 5Y7.96%
Revenue Next Year14.29%
Revenue Next 2Y4.69%
Revenue Next 3Y6.1%
Revenue Next 5Y2.56%
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 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 5.51 indicates a rather cheap valuation of EMA-PR-L.
- Compared to the rest of the industry, the Price/Earnings ratio of EMA-PR-L indicates a rather cheap valuation: EMA-PR-L is cheaper than 88.89% of the companies listed in the same industry.
- EMA-PR-L is valuated cheaply when we compare the Price/Earnings ratio to 28.30, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 5.88 indicates a rather cheap valuation of EMA-PR-L.
- EMA-PR-L's Price/Forward Earnings ratio is rather cheap when compared to the industry. EMA-PR-L is cheaper than 83.33% of the companies in the same industry.
- EMA-PR-L is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.51 | ||
| Fwd PE | 5.88 |
4.2 Price Multiples
- EMA-PR-L's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EMA-PR-L is cheaper than 94.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.48 |
4.3 Compensation for Growth
- EMA-PR-L's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.26
PEG (5Y)2.21
EPS Next 2Y9.9%
EPS Next 3Y7.77%
5. Dividend
5.1 Amount
- EMA-PR-L has a Yearly Dividend Yield of 4.28%, which is a nice return.
- EMA-PR-L's Dividend Yield is a higher than the industry average which is at 3.93.
- EMA-PR-L's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
- The dividend of EMA-PR-L has a limited annual growth rate of 3.46%.
- 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)3.46%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 57.91% of the earnings are spent on dividend by EMA-PR-L. This is a bit on the high side, but may be sustainable.
- The dividend of EMA-PR-L is growing, but earnings are growing more, so the dividend growth is sustainable.
DP57.91%
EPS Next 2Y9.9%
EPS Next 3Y7.77%
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 21.58% 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 57.91%.