EMERA INC - EMACN 4 1/4 PERP (EMA-PR-J.CA) Stock Fundamental Analysis
TSX:EMA-PR-J - Toronto Stock Exchange - CA2908768468 - Currency: CAD
EMA-PR-J gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 19 industry peers in the Electric Utilities industry. EMA-PR-J has a bad profitability rating. Also its financial health evaluation is rather negative. EMA-PR-J has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
EMA-PR-J had positive earnings in the past year.
EMA-PR-J had a positive operating cash flow in the past year.
In the past 5 years EMA-PR-J has always been profitable.
EMA-PR-J had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EMA-PR-J (2.19%) is worse than 84.21% of its industry peers.
The Return On Equity of EMA-PR-J (7.00%) is comparable to the rest of the industry.
EMA-PR-J's Return On Invested Capital of 3.49% is on the low side compared to the rest of the industry. EMA-PR-J is outperformed by 84.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EMA-PR-J is in line with the industry average of 3.84%.
The last Return On Invested Capital (3.49%) for EMA-PR-J 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
EMA-PR-J's Profit Margin of 11.07% is on the low side compared to the rest of the industry. EMA-PR-J is outperformed by 84.21% of its industry peers.
EMA-PR-J's Profit Margin has declined in the last couple of years.
EMA-PR-J has a Operating Margin of 22.82%. This is in the lower half of the industry: EMA-PR-J underperforms 78.95% of its industry peers.
EMA-PR-J's Operating Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA-PR-J is destroying value.
EMA-PR-J has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EMA-PR-J has more shares outstanding
EMA-PR-J has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that EMA-PR-J is in the distress zone and has some risk of bankruptcy.
EMA-PR-J's Altman-Z score of 0.53 is fine compared to the rest of the industry. EMA-PR-J outperforms 73.68% of its industry peers.
EMA-PR-J has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.50, EMA-PR-J is doing worse than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.53 |
ROIC/WACC0.73
WACC4.76%
2.3 Liquidity
A Current Ratio of 0.72 indicates that EMA-PR-J may have some problems paying its short term obligations.
The Current ratio of EMA-PR-J (0.72) is worse than 78.95% of its industry peers.
EMA-PR-J has a Quick Ratio of 0.72. This is a bad value and indicates that EMA-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of EMA-PR-J (0.54) is worse than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
EMA-PR-J shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.28%, which is quite impressive.
EMA-PR-J 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-J shows a quite strong growth in Revenue. The Revenue has grown by 9.93% in the last year.
Measured over the past years, EMA-PR-J shows a small growth in Revenue. The Revenue has been growing by 3.33% on average per year.
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
The Earnings Per Share is expected to grow by 5.79% on average over the next years.
Based on estimates for the next years, EMA-PR-J will show a small growth in Revenue. The Revenue will grow by 3.17% on average per year.
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
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
EMA-PR-J is valuated cheaply with a Price/Earnings ratio of 7.23.
EMA-PR-J's Price/Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-J is more expensive than 68.42% of the companies in the same industry.
When comparing the Price/Earnings ratio of EMA-PR-J to the average of the S&P500 Index (27.30), we can say EMA-PR-J is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.39, the valuation of EMA-PR-J can be described as very cheap.
EMA-PR-J's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. EMA-PR-J is more expensive than 68.42% of the companies in the same industry.
EMA-PR-J is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
EMA-PR-J's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.17 |
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)0.64
PEG (5Y)2.9
EPS Next 2Y7.26%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.81%, EMA-PR-J is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.59, EMA-PR-J has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, EMA-PR-J pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
5.2 History
The dividend of EMA-PR-J has a limited annual growth rate of 3.46%.
EMA-PR-J has been paying a dividend for over 5 years, so it has already some track record.
EMA-PR-J has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.46%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
EMA-PR-J pays out 70.92% of its income as dividend. This is not a sustainable payout ratio.
EMA-PR-J'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-J (7/8/2025, 7:00:00 PM)
25
+0.25 (+1.01%)
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 Cap7.44B
Analysts70.53
Price Target25.35 (1.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
Yearly Dividend2.11
Dividend Growth(5Y)3.46%
DP70.92%
Div Incr Years0
Div Non Decr Years3
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)10.49%
PT rev (3m)7.58%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)-6.16%
EPS NY rev (1m)0%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-7.36%
Revenue NQ rev (3m)-8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.39 | ||
| P/S | 0.95 | ||
| P/FCF | N/A | ||
| P/OCF | 2.68 | ||
| P/B | 0.6 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 8.17 |
EPS(TTM)3.46
EY13.84%
EPS(NY)3.38
Fwd EY13.53%
FCF(TTM)-1.67
FCFYN/A
OCF(TTM)9.32
OCFY37.29%
SpS26.39
BVpS41.74
TBVpS23.28
PEG (NY)0.64
PEG (5Y)2.9
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
WACC4.76%
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%