EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis
Canada - TSX:EMA-PR-H - CA2908768617
25.4 CAD
+0.02 (+0.08%)
EMA-PR-H 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-H has a bad profitability rating. Also its financial health evaluation is rather negative. EMA-PR-H has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year EMA-PR-H was profitable.
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
EMA-PR-H has a Return On Assets of 2.04%. This is amonst the worse of the industry: EMA-PR-H underperforms 88.89% of its industry peers.
With a Return On Equity value of 6.60%, EMA-PR-H is not doing good in the industry: 88.89% of the companies in the same industry are doing better.
EMA-PR-H has a worse Return On Invested Capital (3.62%) than 88.89% 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 4.02%.
The last Return On Invested Capital (3.62%) for EMA-PR-H is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.04% | ||
| 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-H has a worse Profit Margin (10.65%) than 88.89% of its industry peers.
In the last couple of years the Profit Margin of EMA-PR-H has declined.
EMA-PR-H has a worse Operating Margin (24.00%) than 83.33% of its industry peers.
In the last couple of years the Operating Margin of EMA-PR-H has declined.
| 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
EMA-PR-H has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
EMA-PR-H has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that EMA-PR-H is in the distress zone and has some risk of bankruptcy.
EMA-PR-H has a Altman-Z score (0.51) which is in line with its industry peers.
EMA-PR-H has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of EMA-PR-H (1.47) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.51 |
ROIC/WACC0.75
WACC4.85%
2.3 Liquidity
EMA-PR-H has a Current Ratio of 0.72. This is a bad value and indicates that EMA-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of EMA-PR-H (0.72) is better than 61.11% of its industry peers.
EMA-PR-H has a Quick Ratio of 0.72. This is a bad value and indicates that EMA-PR-H 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-H is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
EMA-PR-H shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.33%, which is quite impressive.
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.
The Revenue has been growing slightly by 3.33% on average over the past years.
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-H 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-H 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.
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
Based on the Price/Earnings ratio of 6.83, the valuation of EMA-PR-H can be described as very cheap.
Based on the Price/Earnings ratio, EMA-PR-H is valued a bit more expensive than the industry average as 61.11% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 27.20, EMA-PR-H is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.23, 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 72.22% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. EMA-PR-H is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.83 | ||
| Fwd PE | 7.23 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EMA-PR-H.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
EMA-PR-H'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)2.74
EPS Next 2Y9.31%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.66%, EMA-PR-H has a reasonable but not impressive dividend return.
EMA-PR-H'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-H 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-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
71.12% of the earnings are spent on dividend by EMA-PR-H. This is not a sustainable payout ratio.
The dividend of EMA-PR-H 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-H (9/17/2025, 7:00:00 PM)
25.4
+0.02 (+0.08%)
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 Cap7.60B
Analysts70
Price Target26.37 (3.82%)
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 Years6
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)4.84%
PT rev (3m)3.42%
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 | 6.83 | ||
| Fwd PE | 7.23 | ||
| P/S | 0.92 | ||
| P/FCF | N/A | ||
| P/OCF | 3.38 | ||
| P/B | 0.57 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 8.07 |
EPS(TTM)3.72
EY14.65%
EPS(NY)3.51
Fwd EY13.83%
FCF(TTM)-4.25
FCFYN/A
OCF(TTM)7.53
OCFY29.63%
SpS27.5
BVpS44.37
TBVpS24.79
PEG (NY)0.32
PEG (5Y)2.74
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 | 0.51 |
F-Score7
WACC4.85%
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%