EMERA INC - EMACN 4.6 PERP (EMA-PR-L.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-L - CA2908768203
20.93 CAD
+0.13 (+0.62%)
EMA-PR-L gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 18 industry peers in the Electric Utilities industry. EMA-PR-L has a bad profitability rating. Also its financial health evaluation is rather negative. EMA-PR-L has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-L was profitable.
EMA-PR-L had a positive operating cash flow in the past year.
In the past 5 years EMA-PR-L has always been profitable.
EMA-PR-L had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EMA-PR-L's Return On Assets of 2.04% is on the low side compared to the rest of the industry. EMA-PR-L is outperformed by 66.67% of its industry peers.
EMA-PR-L has a worse Return On Equity (6.60%) than 66.67% of its industry peers.
EMA-PR-L has a worse Return On Invested Capital (3.62%) than 66.67% 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 last Return On Invested Capital (3.62%) for EMA-PR-L is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| 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
The Profit Margin of EMA-PR-L (10.65%) is worse than 66.67% of its industry peers.
In the last couple of years the Profit Margin of EMA-PR-L has declined.
Looking at the Operating Margin, with a value of 24.00%, EMA-PR-L is doing worse than 61.11% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EMA-PR-L is destroying value.
Compared to 1 year ago, EMA-PR-L has more shares outstanding
The number of shares outstanding for EMA-PR-L has been increased compared to 5 years ago.
Compared to 1 year ago, EMA-PR-L has an improved debt to assets ratio.
2.2 Solvency
EMA-PR-L has an Altman-Z score of 0.48. This is a bad value and indicates that EMA-PR-L is not financially healthy and even has some risk of bankruptcy.
EMA-PR-L has a Altman-Z score of 0.48. This is amonst the worse of the industry: EMA-PR-L underperforms 83.33% of its industry peers.
A Debt/Equity ratio of 1.47 is on the high side and indicates that EMA-PR-L has dependencies on debt financing.
The Debt to Equity ratio of EMA-PR-L (1.47) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.75
WACC4.84%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-L may have some problems paying its short term obligations.
EMA-PR-L has a Current ratio of 0.72. This is amongst the best in the industry. EMA-PR-L outperforms 83.33% of its industry peers.
A Quick Ratio of 0.57 indicates that EMA-PR-L may have some problems paying its short term obligations.
The Quick ratio of EMA-PR-L (0.57) is better than 83.33% of its industry peers.
| 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.
EMA-PR-L shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.00%.
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
EMA-PR-L is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.35% yearly.
EMA-PR-L 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.
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 5.63, the valuation of EMA-PR-L can be described as very cheap.
Based on the Price/Earnings ratio, EMA-PR-L is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
EMA-PR-L is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 5.96, the valuation of EMA-PR-L can be described as very cheap.
Based on the Price/Forward Earnings ratio, EMA-PR-L is valued a bit cheaper than 77.78% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, EMA-PR-L is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.63 | ||
| Fwd PE | 5.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA 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.
| 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)0.26
PEG (5Y)2.26
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
EMA-PR-L has a Yearly Dividend Yield of 2.66%.
Compared to an average industry Dividend Yield of 3.83, 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!
Compared to an average S&P500 Dividend Yield of 2.41, EMA-PR-L has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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.
The dividend of EMA-PR-L is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.12%
EPS Next 2Y9.31%
EPS Next 3Y7.27%
TSX:EMA-PR-L (9/12/2025, 7:00:00 PM)
20.93
+0.13 (+0.62%)
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 Cap6.26B
Analysts70
Price Target21.85 (4.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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)8.35%
PT rev (3m)9.44%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)7.36%
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)0.48%
Revenue NY rev (3m)4.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.63 | ||
| 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
EY17.77%
EPS(NY)3.51
Fwd EY16.78%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY35.96%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.26
PEG (5Y)2.26
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
WACC4.84%
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%