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Emera TSX:EMA Stock Report

Last Price

CA$51.38

Market Cap

CA$14.9b

7D

-0.1%

1Y

0.7%

Updated

11 Sep, 2024

Data

Company Financials +

Emera Incorporated

TSX:EMA Stock Report

Market Cap: CA$14.9b

EMA Stock Overview

Through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers.

About the company

EMA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 82.1% below our estimate of its fair value
Earnings are forecast to grow 10.5% per year

Risk Analysis

Dividend of 5.59% is not well covered by earnings or free cash flows
Interest payments are not well covered by earnings
Profit margins (9.9%) are lower than last year (15.4%)
Large one-off items impacting financial results

+ 1 more risk

Emera Incorporated Competitors

Fortis

TSX:FTS

CA$30.1b

Hydro One

TSX:H

CA$28.1b

Caribbean Utilities Company

TSX:CUP.U

US$537.7m

Brookfield Renewable

TSX:BEPC

CA$14.8b

Price History & Performance

Summary of all time highs, changes and price drops for Emera
Historical stock prices
Current Share PriceCA$51.38
52 Week HighCA$52.31
52 Week LowCA$43.67
Beta0.34
11 Month Change5.27%
3 Month Change10.54%
1 Year Change0.67%
33 Year Change-13.33%
5 Year Change-9.78%
Change since IPO389.33%

Recent News & Updates

Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Sep 04
Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Aug 03
Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Jul 16
Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Recent updates

Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Sep 04
Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Aug 03
Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Jul 16
Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Is There An Opportunity With Emera Incorporated's (TSE:EMA) 43% Undervaluation?

Apr 18
Is There An Opportunity With Emera Incorporated's (TSE:EMA) 43% Undervaluation?

Return Trends At Emera (TSE:EMA) Aren't Appealing

Apr 05
Return Trends At Emera (TSE:EMA) Aren't Appealing

Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

Mar 19
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

What Emera Incorporated's (TSE:EMA) P/E Is Not Telling You

Jan 07
What Emera Incorporated's (TSE:EMA) P/E Is Not Telling You

Emera (TSE:EMA) Use Of Debt Could Be Considered Risky

Nov 02
Emera (TSE:EMA) Use Of Debt Could Be Considered Risky

The Return Trends At Emera (TSE:EMA) Look Promising

Sep 28
The Return Trends At Emera (TSE:EMA) Look Promising

Is Emera Incorporated (TSE:EMA) Trading At A 32% Discount?

Sep 07
Is Emera Incorporated (TSE:EMA) Trading At A 32% Discount?

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Jul 12
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Jun 24
Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

A Look At The Fair Value Of Emera Incorporated (TSE:EMA)

Jun 07
A Look At The Fair Value Of Emera Incorporated (TSE:EMA)

Does Emera (TSE:EMA) Deserve A Spot On Your Watchlist?

May 17
Does Emera (TSE:EMA) Deserve A Spot On Your Watchlist?

Is Emera (TSE:EMA) A Risky Investment?

Mar 15
Is Emera (TSE:EMA) A Risky Investment?

What Does The Future Hold For Emera Incorporated (TSE:EMA)? These Analysts Have Been Cutting Their Estimates

Feb 24
What Does The Future Hold For Emera Incorporated (TSE:EMA)? These Analysts Have Been Cutting Their Estimates

Be Wary Of Emera (TSE:EMA) And Its Returns On Capital

Feb 15
Be Wary Of Emera (TSE:EMA) And Its Returns On Capital

Is Emera (TSE:EMA) Using Too Much Debt?

Dec 01
Is Emera (TSE:EMA) Using Too Much Debt?

Some Investors May Be Worried About Emera's (TSE:EMA) Returns On Capital

Nov 02
Some Investors May Be Worried About Emera's (TSE:EMA) Returns On Capital

Emera's (TSE:EMA) Upcoming Dividend Will Be Larger Than Last Year's

Oct 15
Emera's (TSE:EMA) Upcoming Dividend Will Be Larger Than Last Year's

Emera Incorporated (TSE:EMA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Sep 07
Emera Incorporated (TSE:EMA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Aug 02
Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Jul 15
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Is There An Opportunity With Emera Incorporated's (TSE:EMA) 24% Undervaluation?

Jun 07
Is There An Opportunity With Emera Incorporated's (TSE:EMA) 24% Undervaluation?

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Apr 08
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Is Emera Incorporated (TSE:EMA) Trading At A 28% Discount?

Mar 01
Is Emera Incorporated (TSE:EMA) Trading At A 28% Discount?

Emera (TSE:EMA) Might Have The Makings Of A Multi-Bagger

Jan 24
Emera (TSE:EMA) Might Have The Makings Of A Multi-Bagger

Shareholder Returns

EMACA Electric UtilitiesCA Market
7D-0.1%0.6%0.5%
1Y0.7%21.6%13.2%

Return vs Industry: EMA underperformed the Canadian Electric Utilities industry which returned 21.6% over the past year.

Return vs Market: EMA underperformed the Canadian Market which returned 13.2% over the past year.

Price Volatility

Is EMA's price volatile compared to industry and market?
EMA volatility
EMA Average Weekly Movement2.0%
Electric Utilities Industry Average Movement2.3%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market3.0%

Stable Share Price: EMA has not had significant price volatility in the past 3 months.

Volatility Over Time: EMA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19987,366Scott Balfourwww.emera.com

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants.

Emera Incorporated Fundamentals Summary

How do Emera's earnings and revenue compare to its market cap?
EMA fundamental statistics
Market capCA$14.94b
Earnings (TTM)CA$725.70m
Revenue (TTM)CA$7.35b

20.6x

P/E Ratio

2.0x

P/S Ratio

Is EMA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMA income statement (TTM)
RevenueCA$7.35b
Cost of RevenueCA$4.40b
Gross ProfitCA$2.95b
Other ExpensesCA$2.23b
EarningsCA$725.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.50
Gross Margin40.18%
Net Profit Margin9.88%
Debt/Equity Ratio155.6%

How did EMA perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

110%

Payout Ratio