EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis
TSX:EMA-PR-H - Toronto Stock Exchange - CA2908768617 - Currency: CAD
Overall EMA-PR-H gets a fundamental rating of 2 out of 10. We evaluated EMA-PR-H against 19 industry peers in the Electric Utilities industry. Both the profitability and financial health of EMA-PR-H have multiple concerns. EMA-PR-H is valued expensive and it does not seem to be growing. Finally EMA-PR-H also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EMA-PR-H had positive earnings in the past year.
In the past year EMA-PR-H had a positive cash flow from operations.
In the past 5 years EMA-PR-H has always been profitable.
Each year in the past 5 years EMA-PR-H had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EMA-PR-H (1.59%) is worse than 89.47% of its industry peers.
EMA-PR-H's Return On Equity of 5.06% is on the low side compared to the rest of the industry. EMA-PR-H is outperformed by 89.47% of its industry peers.
EMA-PR-H has a worse Return On Invested Capital (3.05%) than 89.47% of its industry peers.
EMA-PR-H had an Average Return On Invested Capital over the past 3 years of 3.14%. This is in line with the industry average of 3.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.59% | ||
| ROE | 5.06% | ||
| ROIC | 3.05% |
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 8.49%, 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.
EMA-PR-H's Operating Margin of 21.15% is on the low side compared to the rest of the industry. EMA-PR-H is outperformed by 84.21% of its industry peers.
EMA-PR-H's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.15% | ||
| PM (TTM) | 8.49% | ||
| 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.
Compared to 1 year ago, EMA-PR-H has more shares outstanding
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 0.49, 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 of 0.49. This is in the better half of the industry: EMA-PR-H outperforms 78.95% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that EMA-PR-H has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.50, EMA-PR-H is doing worse than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.63
WACC4.86%
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.
EMA-PR-H has a Current ratio of 0.72. This is comparable to the rest of the industry: EMA-PR-H outperforms 57.89% 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.
EMA-PR-H has a Quick ratio of 0.54. This is comparable to the rest of the industry: EMA-PR-H outperforms 52.63% 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 for EMA-PR-H have decreased strongly by -52.04% in the last year.
Measured over the past years, EMA-PR-H shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.14% on average per year.
EMA-PR-H shows a decrease in Revenue. In the last year, the revenue decreased by -4.80%.
The Revenue has been growing slightly by 3.33% on average over the past years.
EPS 1Y (TTM)-52.04%
EPS 3Y-4.73%
EPS 5Y-9.14%
EPS Q2Q%-49.27%
Revenue 1Y (TTM)-4.8%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%-10.6%
3.2 Future
EMA-PR-H is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.39% yearly.
Based on estimates for the next years, EMA-PR-H will show a small growth in Revenue. The Revenue will grow by 3.11% on average per year.
EPS Next Y12.39%
EPS Next 2Y8.03%
EPS Next 3Y8.17%
EPS Next 5Y8.39%
Revenue Next Year9.92%
Revenue Next 2Y5.14%
Revenue Next 3Y6.16%
Revenue Next 5Y3.11%
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
A Price/Earnings ratio of 14.04 indicates a correct valuation of EMA-PR-H.
78.95% of the companies in the same industry are cheaper than EMA-PR-H, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, EMA-PR-H is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.39, the valuation of EMA-PR-H can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EMA-PR-H indicates a slightly more expensive valuation: EMA-PR-H is more expensive than 73.68% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, EMA-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
73.68% of the companies in the same industry are cheaper than EMA-PR-H, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.9 |
4.3 Compensation for Growth
EMA-PR-H's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.13
PEG (5Y)N/A
EPS Next 2Y8.03%
EPS Next 3Y8.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.98%, EMA-PR-H is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.45, EMA-PR-H pays a better dividend. On top of this EMA-PR-H pays more dividend than 89.47% of the companies listed in the same industry.
EMA-PR-H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.98% |
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 95.55% 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.
DP95.55%
EPS Next 2Y8.03%
EPS Next 3Y8.17%
TSX:EMA-PR-H (3/7/2025, 7:00:00 PM)
24
-0.19 (-0.79%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners31.98%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap7.10B
Analysts70.59
Price Target25.13 (4.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.98% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP95.55%
Div Incr Years2
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.7%
Min EPS beat(2)-10.21%
Max EPS beat(2)2.82%
EPS beat(4)1
Avg EPS beat(4)-6.5%
Min EPS beat(4)-11.73%
Max EPS beat(4)2.82%
EPS beat(8)4
Avg EPS beat(8)0.6%
EPS beat(12)5
Avg EPS beat(12)-0.04%
EPS beat(16)7
Avg EPS beat(16)0.9%
Revenue beat(2)0
Avg Revenue beat(2)-14.55%
Min Revenue beat(2)-23.25%
Max Revenue beat(2)-5.85%
Revenue beat(4)0
Avg Revenue beat(4)-9.49%
Min Revenue beat(4)-23.25%
Max Revenue beat(4)-1.8%
Revenue beat(8)2
Avg Revenue beat(8)1.46%
Revenue beat(12)6
Avg Revenue beat(12)3.35%
Revenue beat(16)6
Avg Revenue beat(16)-1.39%
PT rev (1m)-1.46%
PT rev (3m)3.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.28%
EPS NY rev (1m)0%
EPS NY rev (3m)1.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)1.35%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 7.39 | ||
| P/S | 0.96 | ||
| P/FCF | N/A | ||
| P/OCF | 2.99 | ||
| P/B | 0.57 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 8.9 |
EPS(TTM)1.71
EY7.13%
EPS(NY)3.25
Fwd EY13.54%
FCF(TTM)-2.44
FCFYN/A
OCF(TTM)8.03
OCFY33.44%
SpS25.04
BVpS41.99
TBVpS23.42
PEG (NY)1.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.59% | ||
| ROE | 5.06% | ||
| ROCE | 4.41% | ||
| ROIC | 3.05% | ||
| ROICexc | 3.07% | ||
| ROICexgc | 3.62% | ||
| OM | 21.15% | ||
| PM (TTM) | 8.49% | ||
| 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-Score4
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.86 | ||
| Cap/Depr | 270.72% | ||
| Cap/Sales | 41.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.49 |
F-Score4
WACC4.86%
ROIC/WACC0.63
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)-52.04%
EPS 3Y-4.73%
EPS 5Y-9.14%
EPS Q2Q%-49.27%
EPS Next Y12.39%
EPS Next 2Y8.03%
EPS Next 3Y8.17%
EPS Next 5Y8.39%
Revenue 1Y (TTM)-4.8%
Revenue growth 3Y7.69%
Revenue growth 5Y3.33%
Sales Q2Q%-10.6%
Revenue Next Year9.92%
Revenue Next 2Y5.14%
Revenue Next 3Y6.16%
Revenue Next 5Y3.11%
EBIT growth 1Y-24.74%
EBIT growth 3Y11.95%
EBIT growth 5Y-1.07%
EBIT Next Year101.64%
EBIT Next 3Y27.55%
EBIT Next 5Y23.27%
FCF growth 1Y38.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.73%
OCF growth 3Y30.7%
OCF growth 5Y11.65%