EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) Stock Fundamental Analysis

TSX:EMA-PR-H • CA2908768617

25.93 CAD
+0.12 (+0.46%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

3

Overall EMA-PR-H gets a fundamental rating of 3 out of 10. We evaluated EMA-PR-H against 18 industry peers in the Electric Utilities industry. EMA-PR-H has a medium profitability rating, but doesn't score so well on its financial health evaluation. EMA-PR-H is not valued too expensively and it also shows a decent growth rate. Finally EMA-PR-H also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

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.
EMA-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFEMA-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.26%, EMA-PR-H is doing worse than 88.89% of the companies in the same industry.
  • With a Return On Equity value of 7.58%, EMA-PR-H perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
  • EMA-PR-H has a worse Return On Invested Capital (3.69%) than 88.89% of its industry peers.
  • EMA-PR-H had an Average Return On Invested Capital over the past 3 years of 3.21%. This is in line with the industry average of 4.07%.
  • The last Return On Invested Capital (3.69%) for EMA-PR-H is above the 3 year average (3.21%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.26%
ROE 7.58%
ROIC 3.69%
ROA(3y)1.96%
ROA(5y)1.95%
ROE(3y)6.47%
ROE(5y)6.54%
ROIC(3y)3.21%
ROIC(5y)3.05%
EMA-PR-H.CA Yearly ROA, ROE, ROICEMA-PR-H.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • EMA-PR-H has a worse Profit Margin (11.55%) 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's Operating Margin of 23.36% is on the low side compared to the rest of the industry. EMA-PR-H is outperformed by 83.33% of its industry peers.
  • In the last couple of years the Operating Margin of EMA-PR-H has grown nicely.
Industry RankSector Rank
OM 23.36%
PM (TTM) 11.55%
GM N/A
OM growth 3Y1.36%
OM growth 5Y1.88%
PM growth 3Y-2.47%
PM growth 5Y-7.47%
GM growth 3YN/A
GM growth 5YN/A
EMA-PR-H.CA Yearly Profit, Operating, Gross MarginsEMA-PR-H.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1

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.
  • Compared to 1 year ago, EMA-PR-H has more shares outstanding
  • Compared to 5 years ago, EMA-PR-H has more shares outstanding
  • The debt/assets ratio for EMA-PR-H is higher compared to a year ago.
EMA-PR-H.CA Yearly Shares OutstandingEMA-PR-H.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
EMA-PR-H.CA Yearly Total Debt VS Total AssetsEMA-PR-H.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

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 (0.49) which is comparable to the rest of the industry.
  • EMA-PR-H has a Debt/Equity ratio of 1.51. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.51, EMA-PR-H is doing worse than 88.89% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Altman-Z 0.49
ROIC/WACC0.76
WACC4.85%
EMA-PR-H.CA Yearly LT Debt VS Equity VS FCFEMA-PR-H.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • EMA-PR-H has a Current Ratio of 0.66. 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's Current ratio of 0.66 is fine compared to the rest of the industry. EMA-PR-H outperforms 66.67% 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 (0.54) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
EMA-PR-H.CA Yearly Current Assets VS Current LiabilitesEMA-PR-H.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 19.05% over the past year.
  • EMA-PR-H shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.41% yearly.
  • Looking at the last year, EMA-PR-H shows a very strong growth in Revenue. The Revenue has grown by 21.89%.
  • Measured over the past years, EMA-PR-H shows a quite strong growth in Revenue. The Revenue has been growing by 9.77% on average per year.
EPS 1Y (TTM)19.05%
EPS 3Y3.03%
EPS 5Y5.41%
EPS Q2Q%-34.52%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y4.97%
Revenue growth 5Y9.77%
Sales Q2Q%13.78%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.68% on average over the next years.
  • Based on estimates for the next years, EMA-PR-H will show a decrease in Revenue. The Revenue will decrease by -0.44% on average per year.
EPS Next Y1.46%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EPS Next 5Y5.68%
Revenue Next Year-6.57%
Revenue Next 2Y1.24%
Revenue Next 3Y-0.99%
Revenue Next 5Y-0.44%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
EMA-PR-H.CA Yearly Revenue VS EstimatesEMA-PR-H.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
EMA-PR-H.CA Yearly EPS VS EstimatesEMA-PR-H.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.41 indicates a rather cheap valuation of EMA-PR-H.
  • Based on the Price/Earnings ratio, EMA-PR-H is valued a bit more expensive than the industry average as 72.22% of the companies are valued more cheaply.
  • EMA-PR-H is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.30, which indicates a rather cheap valuation of EMA-PR-H.
  • Based on the Price/Forward Earnings ratio, EMA-PR-H is valued a bit more expensive than 72.22% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. EMA-PR-H is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.41
Fwd PE 7.3
EMA-PR-H.CA Price Earnings VS Forward Price EarningsEMA-PR-H.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • EMA-PR-H's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.1
EMA-PR-H.CA Per share dataEMA-PR-H.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.09
PEG (5Y)1.37
EPS Next 2Y2.54%
EPS Next 3Y4.68%

7

5. Dividend

5.1 Amount

  • EMA-PR-H has a Yearly Dividend Yield of 5.48%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.34, EMA-PR-H pays a better dividend. On top of this EMA-PR-H pays more dividend than 88.89% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, EMA-PR-H pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.48%

5.2 History

  • The dividend of EMA-PR-H has a limited annual growth rate of 3.41%.
  • EMA-PR-H has been paying a dividend for over 5 years, so it has already some track record.
  • As EMA-PR-H did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)3.41%
Div Incr Years2
Div Non Decr Years6
EMA-PR-H.CA Yearly Dividends per shareEMA-PR-H.CA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 64.20% 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.
DP64.2%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EMA-PR-H.CA Yearly Income VS Free CF VS DividendEMA-PR-H.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B -1.5B
EMA-PR-H.CA Dividend Payout.EMA-PR-H.CA Dividend Payout, showing the Payout Ratio.EMA-PR-H.CA Dividend Payout.PayoutRetained Earnings

EMERA INC - EMACN 6.324 PERP

TSX:EMA-PR-H (2/27/2026, 7:00:00 PM)

25.93

+0.12 (+0.46%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-23
Earnings (Next)05-06
Inst Owners59.26%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap7.82B
Revenue(TTM)8.78B
Net Income(TTM)1.01B
Analysts67.37
Price Target26.22 (1.12%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.48%
Yearly Dividend2.18
Dividend Growth(5Y)3.41%
DP64.2%
Div Incr Years2
Div Non Decr Years6
Ex-Date01-30
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-2.12%
Max EPS beat(2)0.29%
EPS beat(4)3
Avg EPS beat(4)11.6%
Min EPS beat(4)-2.12%
Max EPS beat(4)27.9%
EPS beat(8)5
Avg EPS beat(8)5.13%
EPS beat(12)7
Avg EPS beat(12)2.4%
EPS beat(16)9
Avg EPS beat(16)3.59%
Revenue beat(2)2
Avg Revenue beat(2)30.92%
Min Revenue beat(2)11.02%
Max Revenue beat(2)50.83%
Revenue beat(4)3
Avg Revenue beat(4)18.43%
Min Revenue beat(4)-7.41%
Max Revenue beat(4)50.83%
Revenue beat(8)3
Avg Revenue beat(8)3.61%
Revenue beat(12)4
Avg Revenue beat(12)1.42%
Revenue beat(16)8
Avg Revenue beat(16)6.2%
PT rev (1m)-4.51%
PT rev (3m)-0.58%
EPS NQ rev (1m)-7.58%
EPS NQ rev (3m)15.6%
EPS NY rev (1m)0%
EPS NY rev (3m)1.23%
Revenue NQ rev (1m)-7.76%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.02%
Revenue NY rev (3m)-2.56%
Valuation
Industry RankSector Rank
PE 7.41
Fwd PE 7.3
P/S 0.89
P/FCF N/A
P/OCF 4.34
P/B 0.58
P/tB 1
EV/EBITDA 8.1
EPS(TTM)3.5
EY13.5%
EPS(NY)3.55
Fwd EY13.69%
FCF(TTM)-5.73
FCFYN/A
OCF(TTM)5.97
OCFY23.03%
SpS29.08
BVpS44.35
TBVpS25.86
PEG (NY)5.09
PEG (5Y)1.37
Graham Number59.1
Profitability
Industry RankSector Rank
ROA 2.26%
ROE 7.58%
ROCE 5.37%
ROIC 3.69%
ROICexc 3.72%
ROICexgc 4.33%
OM 23.36%
PM (TTM) 11.55%
GM N/A
FCFM N/A
ROA(3y)1.96%
ROA(5y)1.95%
ROE(3y)6.47%
ROE(5y)6.54%
ROIC(3y)3.21%
ROIC(5y)3.05%
ROICexc(3y)3.25%
ROICexc(5y)3.09%
ROICexgc(3y)3.83%
ROICexgc(5y)3.68%
ROCE(3y)4.65%
ROCE(5y)4.47%
ROICexgc growth 3Y0.67%
ROICexgc growth 5Y2.51%
ROICexc growth 3Y1.94%
ROICexc growth 5Y4.14%
OM growth 3Y1.36%
OM growth 5Y1.88%
PM growth 3Y-2.47%
PM growth 5Y-7.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Debt/EBITDA 6.05
Cap/Depr 272.11%
Cap/Sales 40.25%
Interest Coverage 2.04
Cash Conversion 53.82%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.54
Altman-Z 0.49
F-Score7
WACC4.85%
ROIC/WACC0.76
Cap/Depr(3y)273.22%
Cap/Depr(5y)269.63%
Cap/Sales(3y)40.95%
Cap/Sales(5y)39.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y3.03%
EPS 5Y5.41%
EPS Q2Q%-34.52%
EPS Next Y1.46%
EPS Next 2Y2.54%
EPS Next 3Y4.68%
EPS Next 5Y5.68%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y4.97%
Revenue growth 5Y9.77%
Sales Q2Q%13.78%
Revenue Next Year-6.57%
Revenue Next 2Y1.24%
Revenue Next 3Y-0.99%
Revenue Next 5Y-0.44%
EBIT growth 1Y57.09%
EBIT growth 3Y6.4%
EBIT growth 5Y11.83%
EBIT Next Year89.67%
EBIT Next 3Y30.28%
EBIT Next 5Y22.76%
FCF growth 1Y-242.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.9%
OCF growth 3Y25.44%
OCF growth 5Y1.94%

EMERA INC - EMACN 6.324 PERP / EMA-PR-H.CA FAQ

What is the fundamental rating for EMA-PR-H stock?

ChartMill assigns a fundamental rating of 4 / 10 to EMA-PR-H.CA.


Can you provide the valuation status for EMERA INC - EMACN 6.324 PERP?

ChartMill assigns a valuation rating of 5 / 10 to EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA). This can be considered as Fairly Valued.


How profitable is EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) stock?

EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) has a profitability rating of 3 / 10.


How financially healthy is EMERA INC - EMACN 6.324 PERP?

The financial health rating of EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) is 2 / 10.


Can you provide the dividend sustainability for EMA-PR-H stock?

The dividend rating of EMERA INC - EMACN 6.324 PERP (EMA-PR-H.CA) is 7 / 10 and the dividend payout ratio is 64.2%.