EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-L - CA2908768203
20.85 CAD
+0.14 (+0.68%)
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. EMA-PR-L may be in some trouble as it scores bad on both profitability and health. EMA-PR-L may be a bit undervalued, certainly considering the very reasonable score on growth
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.
Each year in the past 5 years EMA-PR-L had a positive operating cash flow.
1.2 Ratios
EMA-PR-L has a worse Return On Assets (2.04%) than 61.11% of its industry peers.
With a Return On Equity value of 6.60%, EMA-PR-L is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
The Return On Invested Capital of EMA-PR-L (3.62%) is worse than 61.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EMA-PR-L is in line with the industry average of 4.02%.
The 3 year average ROIC (3.14%) for EMA-PR-L is below the current ROIC(3.62%), indicating increased profibility in the last year.
| 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
EMA-PR-L has a Profit Margin of 10.65%. This is in the lower half of the industry: EMA-PR-L underperforms 61.11% of its industry peers.
In the last couple of years the Profit Margin of EMA-PR-L has declined.
EMA-PR-L's Operating Margin of 24.00% is in line compared to the rest of the industry. EMA-PR-L outperforms 44.44% of its industry peers.
EMA-PR-L's Operating Margin has declined in the last couple of years.
| 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-L is destroying value.
EMA-PR-L has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EMA-PR-L has more shares outstanding
Compared to 1 year ago, EMA-PR-L has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that EMA-PR-L is in the distress zone and has some risk of bankruptcy.
EMA-PR-L's Altman-Z score of 0.48 is on the low side compared to the rest of the industry. EMA-PR-L is outperformed by 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 has a worse Debt to Equity ratio (1.47) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.76
WACC4.77%
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.
With an excellent Quick ratio value of 0.57, EMA-PR-L belongs to the best 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 39.33% over the past year.
The Earnings Per Share has been growing slightly by 2.49% on average over the past years.
The Revenue has grown by 12.00% in the past year. This is quite good.
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)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-L will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.29% on average per year.
Based on estimates for the next years, EMA-PR-L will show a small growth in Revenue. The Revenue will grow by 3.70% on average per year.
EPS Next Y21.14%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
EPS Next 5Y8.29%
Revenue Next Year13.49%
Revenue Next 2Y4.24%
Revenue Next 3Y4.95%
Revenue Next 5Y3.7%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.60, the valuation of EMA-PR-L can be described as very cheap.
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 83.33% of the companies listed in the same industry.
EMA-PR-L's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.02.
The Price/Forward Earnings ratio is 5.96, which 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.
When comparing the Price/Forward Earnings ratio of EMA-PR-L to the average of the S&P500 Index (22.57), we can say EMA-PR-L is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.6 | ||
| Fwd PE | 5.96 |
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 | 7.65 |
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)0.27
PEG (5Y)2.25
EPS Next 2Y9.12%
EPS Next 3Y7.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, EMA-PR-L is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.63, EMA-PR-L's dividend is way lower than its industry peers. On top of this 83.33% of the companies listed in the same industry pay a better dividend than EMA-PR-L!
EMA-PR-L's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
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
EMA-PR-L pays out 71.12% 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.
DP71.12%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
TSX:EMA-PR-L (10/9/2025, 7:00:00 PM)
20.85
+0.14 (+0.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners57.67%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap6.26B
Analysts70
Price Target21.19 (1.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
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)-0.97%
PT rev (3m)4.07%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)8.89%
Revenue NQ rev (1m)-2.3%
Revenue NQ rev (3m)-0.94%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.6 | ||
| Fwd PE | 5.96 | ||
| P/S | 0.76 | ||
| P/FCF | N/A | ||
| P/OCF | 2.78 | ||
| P/B | 0.47 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 7.65 |
EPS(TTM)3.72
EY17.84%
EPS(NY)3.5
Fwd EY16.79%
FCF(TTM)-4.23
FCFYN/A
OCF(TTM)7.5
OCFY35.95%
SpS27.39
BVpS44.19
TBVpS24.69
PEG (NY)0.27
PEG (5Y)2.25
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 | 0.48 |
F-Score7
WACC4.77%
ROIC/WACC0.76
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 Y21.14%
EPS Next 2Y9.12%
EPS Next 3Y7.37%
EPS Next 5Y8.29%
Revenue 1Y (TTM)12%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%26.21%
Revenue Next Year13.49%
Revenue Next 2Y4.24%
Revenue Next 3Y4.95%
Revenue Next 5Y3.7%
EBIT growth 1Y40.87%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year100.79%
EBIT Next 3Y29.41%
EBIT Next 5Y21.2%
FCF growth 1Y25.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.08%
OCF growth 3Y30.7%
OCF growth 5Y11.65%