EMERA INC (EMA.CA) Fundamental Analysis & Valuation

TSX:EMA • CA2908761018

Current stock price

71.81 CAD
-0.06 (-0.08%)
Last:

This EMA.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. EMA.CA Profitability Analysis

1.1 Basic Checks

  • EMA had positive earnings in the past year.
  • EMA had a positive operating cash flow in the past year.
  • In the past 5 years EMA has always been profitable.
  • Each year in the past 5 years EMA had a positive operating cash flow.
EMA.CA Yearly Net Income VS EBIT VS OCF VS FCFEMA.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

  • The Return On Assets of EMA (2.26%) is worse than 94.44% of its industry peers.
  • With a Return On Equity value of 7.58%, EMA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 3.69%, EMA is doing worse than 94.44% of the companies in the same industry.
  • EMA 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 3 year average ROIC (3.21%) for EMA is below the current ROIC(3.69%), indicating increased profibility in the last year.
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.CA Yearly ROA, ROE, ROICEMA.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

  • Looking at the Profit Margin, with a value of 11.55%, EMA is doing worse than 94.44% of the companies in the same industry.
  • In the last couple of years the Profit Margin of EMA has declined.
  • EMA has a Operating Margin of 23.36%. This is amonst the worse of the industry: EMA underperforms 88.89% of its industry peers.
  • In the last couple of years the Operating Margin of EMA 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.CA Yearly Profit, Operating, Gross MarginsEMA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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1

2. EMA.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EMA is destroying value.
  • Compared to 1 year ago, EMA has more shares outstanding
  • EMA has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for EMA is higher compared to a year ago.
EMA.CA Yearly Shares OutstandingEMA.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
EMA.CA Yearly Total Debt VS Total AssetsEMA.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

  • EMA has an Altman-Z score of 0.75. This is a bad value and indicates that EMA is not financially healthy and even has some risk of bankruptcy.
  • EMA has a better Altman-Z score (0.75) than 83.33% of its industry peers.
  • A Debt/Equity ratio of 1.51 is on the high side and indicates that EMA has dependencies on debt financing.
  • EMA has a Debt to Equity ratio of 1.51. This is amonst the worse of the industry: EMA underperforms 94.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Altman-Z 0.75
ROIC/WACC0.63
WACC5.85%
EMA.CA Yearly LT Debt VS Equity VS FCFEMA.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

  • A Current Ratio of 0.66 indicates that EMA may have some problems paying its short term obligations.
  • EMA has a Current ratio of 0.66. This is in the better half of the industry: EMA outperforms 61.11% of its industry peers.
  • EMA has a Quick Ratio of 0.66. This is a bad value and indicates that EMA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • EMA's Quick ratio of 0.54 is in line compared to the rest of the industry. EMA outperforms 50.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
EMA.CA Yearly Current Assets VS Current LiabilitesEMA.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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. EMA.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 19.05% over the past year.
  • The Earnings Per Share has been growing slightly by 5.41% on average over the past years.
  • Looking at the last year, EMA shows a very strong growth in Revenue. The Revenue has grown by 21.89%.
  • EMA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.77% yearly.
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 5.50% on average over the next years.
  • Based on estimates for the next years, EMA will show a decrease in Revenue. The Revenue will decrease by -0.04% on average per year.
EPS Next Y0.71%
EPS Next 2Y1.97%
EPS Next 3Y3.91%
EPS Next 5Y5.5%
Revenue Next Year-6.14%
Revenue Next 2Y1.91%
Revenue Next 3Y4.35%
Revenue Next 5Y-0.04%

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 stable.
  • 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.CA Yearly Revenue VS EstimatesEMA.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 10B
EMA.CA Yearly EPS VS EstimatesEMA.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

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1

4. EMA.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.52, which indicates a rather expensive current valuation of EMA.
  • 83.33% of the companies in the same industry are cheaper than EMA, based on the Price/Earnings ratio.
  • EMA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
  • EMA is valuated rather expensively with a Price/Forward Earnings ratio of 20.37.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of EMA indicates a rather expensive valuation: EMA more expensive than 83.33% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of EMA to the average of the S&P500 Index (21.99), we can say EMA is valued inline with the index average.
Industry RankSector Rank
PE 20.52
Fwd PE 20.37
EMA.CA Price Earnings VS Forward Price EarningsEMA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, EMA is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.26
EMA.CA Per share dataEMA.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)28.84
PEG (5Y)3.8
EPS Next 2Y1.97%
EPS Next 3Y3.91%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

8

5. EMA.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.09%, EMA is a good candidate for dividend investing.
  • EMA's Dividend Yield is rather good when compared to the industry average which is at 3.71. EMA pays more dividend than 94.44% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, EMA pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.09%

5.2 History

  • The dividend of EMA has a limited annual growth rate of 3.41%.
  • EMA has paid a dividend for at least 10 years, which is a reliable track record.
  • EMA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.41%
Div Incr Years19
Div Non Decr Years27
EMA.CA Yearly Dividends per shareEMA.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 64.20% of the earnings are spent on dividend by EMA. This is not a sustainable payout ratio.
  • EMA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.2%
EPS Next 2Y1.97%
EPS Next 3Y3.91%
EMA.CA Yearly Income VS Free CF VS DividendEMA.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.CA Dividend Payout.EMA.CA Dividend Payout, showing the Payout Ratio.EMA.CA Dividend Payout.PayoutRetained Earnings

More info and screens

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EMA.CA Fundamentals: All Metrics, Ratios and Statistics

EMERA INC

TSX:EMA (4/27/2026, 7:00:00 PM)

71.81

-0.06 (-0.08%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-23
Earnings (Next)05-08
Inst Owners58.65%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap21.76B
Revenue(TTM)8.78B
Net Income(TTM)1.01B
Analysts67.37
Price Target73.65 (2.56%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.09%
Yearly Dividend2.18
Dividend Growth(5Y)3.41%
DP64.2%
Div Incr Years19
Div Non Decr Years27
Ex-Date05-01
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)2.79%
PT rev (3m)3.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.65%
EPS NY rev (1m)0.04%
EPS NY rev (3m)-0.73%
Revenue NQ rev (1m)7.78%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)1.4%
Revenue NY rev (3m)-2.57%
Valuation
Industry RankSector Rank
PE 20.52
Fwd PE 20.37
P/S 2.48
P/FCF N/A
P/OCF 12.07
P/B 1.63
P/tB 2.79
EV/EBITDA 12.26
EPS(TTM)3.5
EY4.87%
EPS(NY)3.52
Fwd EY4.91%
FCF(TTM)-5.71
FCFYN/A
OCF(TTM)5.95
OCFY8.28%
SpS28.97
BVpS44.17
TBVpS25.75
PEG (NY)28.84
PEG (5Y)3.8
Graham Number58.9774 (-17.87%)
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 0.75
F-Score7
WACC5.85%
ROIC/WACC0.63
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 Y0.71%
EPS Next 2Y1.97%
EPS Next 3Y3.91%
EPS Next 5Y5.5%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y4.97%
Revenue growth 5Y9.77%
Sales Q2Q%13.78%
Revenue Next Year-6.14%
Revenue Next 2Y1.91%
Revenue Next 3Y4.35%
Revenue Next 5Y-0.04%
EBIT growth 1Y57.09%
EBIT growth 3Y6.4%
EBIT growth 5Y11.83%
EBIT Next Year91.9%
EBIT Next 3Y31.86%
EBIT Next 5Y22.55%
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 / EMA.CA Fundamental Analysis FAQ

What is the fundamental rating for EMA stock?

ChartMill assigns a fundamental rating of 3 / 10 to EMA.CA.


Can you provide the valuation status for EMERA INC?

ChartMill assigns a valuation rating of 1 / 10 to EMERA INC (EMA.CA). This can be considered as Overvalued.


How profitable is EMERA INC (EMA.CA) stock?

EMERA INC (EMA.CA) has a profitability rating of 4 / 10.


What are the PE and PB ratios of EMERA INC (EMA.CA) stock?

The Price/Earnings (PE) ratio for EMERA INC (EMA.CA) is 20.52 and the Price/Book (PB) ratio is 1.63.


Can you provide the financial health for EMA stock?

The financial health rating of EMERA INC (EMA.CA) is 1 / 10.