EMERA INC - EMACN 6.434 PERP (EMA-PR-C.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-C - CA2908765076
24.98 CAD
+0.12 (+0.48%)
Taking everything into account, EMA-PR-C scores 4 out of 10 in our fundamental rating. EMA-PR-C was compared to 18 industry peers in the Electric Utilities industry. EMA-PR-C may be in some trouble as it scores bad on both profitability and health. EMA-PR-C has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
EMA-PR-C had positive earnings in the past year.
EMA-PR-C had a positive operating cash flow in the past year.
In the past 5 years EMA-PR-C has always been profitable.
EMA-PR-C had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EMA-PR-C's Return On Assets of 2.04% is on the low side compared to the rest of the industry. EMA-PR-C is outperformed by 83.33% of its industry peers.
The Return On Equity of EMA-PR-C (6.60%) is worse than 83.33% of its industry peers.
EMA-PR-C's Return On Invested Capital of 3.62% is on the low side compared to the rest of the industry. EMA-PR-C is outperformed by 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EMA-PR-C is in line with the industry average of 4.02%.
The last Return On Invested Capital (3.62%) for EMA-PR-C 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
EMA-PR-C has a Profit Margin of 10.65%. This is amonst the worse of the industry: EMA-PR-C underperforms 83.33% of its industry peers.
EMA-PR-C's Profit Margin has declined in the last couple of years.
EMA-PR-C has a worse Operating Margin (24.00%) than 77.78% of its industry peers.
EMA-PR-C'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-C is destroying value.
EMA-PR-C has more shares outstanding than it did 1 year ago.
EMA-PR-C has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EMA-PR-C has an improved debt to assets ratio.
2.2 Solvency
EMA-PR-C has an Altman-Z score of 0.50. This is a bad value and indicates that EMA-PR-C is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.50, EMA-PR-C perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
A Debt/Equity ratio of 1.47 is on the high side and indicates that EMA-PR-C has dependencies on debt financing.
EMA-PR-C has a Debt to Equity ratio of 1.47. This is amonst the worse of the industry: EMA-PR-C underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.5 |
ROIC/WACC0.75
WACC4.83%
2.3 Liquidity
EMA-PR-C has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-C is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of EMA-PR-C (0.72) is better than 66.67% of its industry peers.
EMA-PR-C has a Quick Ratio of 0.72. This is a bad value and indicates that EMA-PR-C 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-C is in the better half of the industry, outperforming 66.67% 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.
EMA-PR-C shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.49% yearly.
Looking at the last year, EMA-PR-C shows a quite strong growth in Revenue. The Revenue has grown by 12.00% in the last year.
EMA-PR-C shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.33% yearly.
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-C will show a small growth in Earnings Per Share. The EPS will grow by 6.35% on average per year.
EMA-PR-C 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 6.72, the valuation of EMA-PR-C can be described as very cheap.
EMA-PR-C's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.20. EMA-PR-C is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.11, which indicates a rather cheap valuation of EMA-PR-C.
EMA-PR-C's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-C is more expensive than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.71. EMA-PR-C is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EMA-PR-C is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.03 |
4.3 Compensation for Growth
EMA-PR-C's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.32
PEG (5Y)2.7
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.66%, EMA-PR-C has a reasonable but not impressive dividend return.
EMA-PR-C's Dividend Yield is slightly below the industry average, which is at 3.26.
Compared to an average S&P500 Dividend Yield of 2.38, EMA-PR-C 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-C has a limited annual growth rate of 3.46%.
EMA-PR-C has paid a dividend for at least 10 years, which is a reliable track record.
EMA-PR-C has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.46%
Div Incr Years2
Div Non Decr Years12
5.3 Sustainability
71.12% of the earnings are spent on dividend by EMA-PR-C. This is not a sustainable payout ratio.
The dividend of EMA-PR-C 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-C (9/15/2025, 7:00:00 PM)
24.98
+0.12 (+0.48%)
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 Cap7.48B
Analysts70
Price Target26.11 (4.52%)
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 Years2
Div Non Decr Years12
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)5.06%
PT rev (3m)6.18%
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 | 6.72 | ||
| Fwd PE | 7.11 | ||
| P/S | 0.91 | ||
| P/FCF | N/A | ||
| P/OCF | 3.32 | ||
| P/B | 0.56 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 8.03 |
EPS(TTM)3.72
EY14.89%
EPS(NY)3.51
Fwd EY14.06%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY30.13%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.32
PEG (5Y)2.7
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
WACC4.83%
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%