EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis
TSX:EMA-PR-H - Toronto Stock Exchange - CA2908768617 - Currency: CAD
Taking everything into account, EMA-PR-H scores 3 out of 10 in our fundamental rating. EMA-PR-H was compared to 19 industry peers in the Electric Utilities industry. EMA-PR-H may be in some trouble as it scores bad on both profitability and health. EMA-PR-H has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
EMA-PR-H had positive earnings in the past year.
EMA-PR-H had a positive operating cash flow in the past year.
EMA-PR-H had positive earnings in each of the past 5 years.
EMA-PR-H had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EMA-PR-H (2.19%) is worse than 89.47% of its industry peers.
EMA-PR-H has a Return On Equity (7.00%) which is comparable to the rest of the industry.
The Return On Invested Capital of EMA-PR-H (3.49%) is worse than 89.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EMA-PR-H is in line with the industry average of 3.84%.
The last Return On Invested Capital (3.49%) for EMA-PR-H is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.19% | ||
| ROE | 7% | ||
| ROIC | 3.49% |
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 11.07%, EMA-PR-H is not doing good in the industry: 89.47% of the companies in the same industry are doing better.
EMA-PR-H's Profit Margin has declined in the last couple of years.
The Operating Margin of EMA-PR-H (22.82%) is worse than 84.21% of its industry peers.
In the last couple of years the Operating Margin of EMA-PR-H has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.82% | ||
| PM (TTM) | 11.07% | ||
| 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-H is destroying value.
The number of shares outstanding for EMA-PR-H has been increased compared to 1 year ago.
The number of shares outstanding for EMA-PR-H has been increased compared to 5 years ago.
The debt/assets ratio for EMA-PR-H has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that EMA-PR-H is in the distress zone and has some risk of bankruptcy.
EMA-PR-H's Altman-Z score of 0.53 is fine compared to the rest of the industry. EMA-PR-H outperforms 78.95% of its industry peers.
EMA-PR-H has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
EMA-PR-H has a Debt to Equity ratio of 1.50. This is amonst the worse of the industry: EMA-PR-H underperforms 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.73
WACC4.77%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-H may have some problems paying its short term obligations.
The Current ratio of EMA-PR-H (0.72) is worse than 84.21% of its industry peers.
A Quick Ratio of 0.54 indicates that EMA-PR-H may have some problems paying its short term obligations.
EMA-PR-H has a Quick ratio of 0.54. This is amonst the worse of the industry: EMA-PR-H underperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.28% over the past year.
Measured over the past 5 years, EMA-PR-H shows a small growth in Earnings Per Share. The EPS has been growing by 2.49% on average per year.
The Revenue has grown by 9.93% in the past year. This is quite good.
The Revenue has been growing slightly by 3.33% on average over the past years.
EPS 1Y (TTM)26.28%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%68.42%
Revenue 1Y (TTM)9.93%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%32.61%
3.2 Future
EMA-PR-H is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.79% yearly.
EMA-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.17% yearly.
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.79%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y3.17%
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
EMA-PR-H is valuated cheaply with a Price/Earnings ratio of 7.30.
EMA-PR-H's Price/Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-H is more expensive than 73.68% of the companies in the same industry.
EMA-PR-H's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 7.47, the valuation of EMA-PR-H can be described as very cheap.
EMA-PR-H's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-H is more expensive than 73.68% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.33. EMA-PR-H is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 7.47 |
4.2 Price Multiples
EMA-PR-H's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.21 |
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)0.65
PEG (5Y)2.93
EPS Next 2Y7.26%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
EMA-PR-H has a Yearly Dividend Yield of 5.68%, which is a nice return.
Compared to an average industry Dividend Yield of 6.57, EMA-PR-H has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, EMA-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
The dividend of EMA-PR-H has a limited annual growth rate of 3.46%.
EMA-PR-H has been paying a dividend for over 5 years, so it has already some track record.
EMA-PR-H has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.46%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
EMA-PR-H pays out 70.92% of its income as dividend. This is not a sustainable payout ratio.
EMA-PR-H's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP70.92%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
TSX:EMA-PR-H (7/14/2025, 7:00:00 PM)
25.26
+0.01 (+0.04%)
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 Cap7.56B
Analysts70.53
Price Target26.26 (3.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP70.92%
Div Incr Years2
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.4%
Min EPS beat(2)8.91%
Max EPS beat(2)27.9%
EPS beat(4)3
Avg EPS beat(4)7.35%
Min EPS beat(4)-10.21%
Max EPS beat(4)27.9%
EPS beat(8)4
Avg EPS beat(8)0.88%
EPS beat(12)7
Avg EPS beat(12)3.44%
EPS beat(16)8
Avg EPS beat(16)2.35%
Revenue beat(2)1
Avg Revenue beat(2)2.67%
Min Revenue beat(2)-13.96%
Max Revenue beat(2)19.3%
Revenue beat(4)1
Avg Revenue beat(4)-5.94%
Min Revenue beat(4)-23.25%
Max Revenue beat(4)19.3%
Revenue beat(8)1
Avg Revenue beat(8)-7.23%
Revenue beat(12)5
Avg Revenue beat(12)3.04%
Revenue beat(16)7
Avg Revenue beat(16)0.84%
PT rev (1m)2.96%
PT rev (3m)8.03%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)-9.97%
EPS NY rev (1m)0%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-7.36%
Revenue NQ rev (3m)-8.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 7.47 | ||
| P/S | 0.96 | ||
| P/FCF | N/A | ||
| P/OCF | 2.72 | ||
| P/B | 0.61 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 8.21 |
EPS(TTM)3.46
EY13.7%
EPS(NY)3.38
Fwd EY13.39%
FCF(TTM)-1.66
FCFYN/A
OCF(TTM)9.28
OCFY36.72%
SpS26.26
BVpS41.53
TBVpS23.16
PEG (NY)0.65
PEG (5Y)2.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.19% | ||
| ROE | 7% | ||
| ROCE | 5.05% | ||
| ROIC | 3.49% | ||
| ROICexc | 3.52% | ||
| ROICexgc | 4.14% | ||
| OM | 22.82% | ||
| PM (TTM) | 11.07% | ||
| 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 Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.21 | ||
| Cap/Depr | 272.83% | ||
| Cap/Sales | 41.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.53 |
F-Score7
WACC4.77%
ROIC/WACC0.73
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)26.28%
EPS 3Y1.4%
EPS 5Y2.49%
EPS Q2Q%68.42%
EPS Next Y11.25%
EPS Next 2Y7.26%
EPS Next 3Y6.57%
EPS Next 5Y5.79%
Revenue 1Y (TTM)9.93%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%32.61%
Revenue Next Year7.88%
Revenue Next 2Y3.3%
Revenue Next 3Y4.45%
Revenue Next 5Y3.17%
EBIT growth 1Y34.11%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year109.46%
EBIT Next 3Y30.88%
EBIT Next 5Y20.01%
FCF growth 1Y74.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y262.88%
OCF growth 3Y30.7%
OCF growth 5Y11.65%