EMA Stock Analysis: Emera | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 14.752m USD | 12M Return: -0.8% | CA2908761018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 17.7M
EPS Trend: 65.4%
Qual. Beats: 0
Rev. Trend: 76.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Emera Incorporated is a Canada-based energy and services company that invests in electricity generation, transmission, and distribution across the United States, Canada, Barbados, and the Bahamas. As a regulated utility holding company, Emera operates through five reportable segments: Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other. The company also engages in natural gas purchase, transmission, distribution, and sale, along with physical energy marketing, trading, and energy asset management activities.
Emera was incorporated in 1998 and is headquartered in Halifax, Nova Scotia. The company trades on the NYSE under the ticker symbol EMA and is classified within the GICS Utilities sector, specifically the Electric Utilities sub-industry. As a multi-jurisdictional utility operator, Emera generates revenue primarily through rate-regulated electricity and gas services, a model that typically provides predictable cash flows but subjects earnings to regulatory oversight in each operating region.
- Florida rate case outcomes drive Tampa Electric earnings growth
- Heavy capex on grid modernization pressures debt and equity returns
- Rising interest costs compress margins on large debt load
| Net Income: 1.04b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 0.58 > 1.0 |
| NWC/Revenue: -17.98% < 20% (prev -23.09%; Δ 5.10% < -1%) |
| CFO/TA 0.05 > 3% & CFO 2.20b > Net Income 1.04b |
| Net Debt (21.7b) to EBITDA (3.13b): 6.94 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (307.4m) vs 12m ago 2.77% < -2% |
| Gross Margin: 28.96% > 18% (prev 44.50%; Δ -15.54% > 0.5%) |
| Asset Turnover: 19.25% > 50% (prev 19.35%; Δ -0.10% > 0%) |
| Interest Coverage Ratio: 1.76 > 6 (EBIT TTM 1.89b / Interest Expense TTM 1.07b) |
| A: -0.03 (Total Current Assets 4.18b - Total Current Liabilities 5.73b) / Total Assets 46.6b |
| B: 0.04 (Retained Earnings 1.84b / Total Assets 46.6b) |
| C: 0.04 (EBIT TTM 1.89b / Avg Total Assets 44.6b) |
| D: 0.45 (Book Value of Equity 14.4b / Total Liabilities 32.2b) |
| Altman-Z'' = 0.67 = B |
| DSRI: 1.11 (Receivables 1.67b/1.45b, Revenue 8.58b/8.23b) |
| GMI: 1.54 (GM 44.50% / 28.96%) |
| AQI: 0.99 (AQ_t 0.29 / AQ_t-1 0.29) |
| SGI: 1.04 (Revenue 8.58b / 8.23b) |
| TATA: -0.02 (NI 1.04b - CFO 2.20b) / TA 46.6b) |
| Beneish M = -2.43 (Cap -4..+1) = BBB |
As of October 08, 2026, the stock is trading at USD 45.81 with a total of 2,054,566 shares traded. Over the past week, the price has changed by -4.22%, over one month by -9.75%, over three months by -13.03% and over the past year by -0.81%.
Current recommended Stop Loss: 44.80 (which is 2.2% or 1.3 ATR below the current price).
Emera has received a consensus analysts rating of 3.29. Therefore, it is recommended to hold EMA.
- StrongBuy: 2
- Buy: 3
- Hold: 7
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 62.5 | 36.4% |
Market Cap CAD = 21.0b (14.8b USD * 1.4261 USD.CAD)
P/E Trailing = 21.733
P/E Forward = 18.7617
P/S = 1.6509
P/B = 1.6183
P/EG = 2.8101
Revenue TTM = 8.58b CAD
EBIT TTM = 1.89b CAD
EBITDA TTM = 3.13b CAD
Long Term Debt = 19.5b CAD (from longTermDebt, last quarter)
Short Term Debt = 2.58b CAD (from shortTermDebt, last quarter)
Debt = 22.1b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.7b CAD (calculated: Debt 22.1b - CCE 407.2m)
Enterprise Value = 42.8b CAD (21.0b + Debt 22.1b - CCE 407.2m)
Interest Coverage Ratio = 1.76 (Ebit TTM 1.89b / Interest Expense TTM 1.07b)
EV/FCF = -38.11x (Enterprise Value 42.8b / FCF TTM -1.12b)
FCF Yield = -2.62% (FCF TTM -1.12b / Enterprise Value 42.8b)
FCF Margin = -13.08% (FCF TTM -1.12b / Revenue TTM 8.58b)
Net Margin = 12.14% (Net Income TTM 1.04b / Revenue TTM 8.58b)
Gross Margin = 28.96% ((Revenue TTM 8.58b - Cost of Revenue TTM 6.09b) / Revenue TTM)
Gross Margin QoQ = 23.49% (prev 30.54%)
Tobins Q-Ratio = 0.92 (Enterprise Value 42.8b / Total Assets 46.6b)
Interest Expense / Debt = 4.85% (Interest Expense 1.07b / Debt 22.1b)
Taxrate = 6.74% (75.4m / 1.12b)
NOPAT = 1.76b (EBIT 1.89b * (1 - 6.74%))
Current Ratio = 0.73 (Total Current Assets 4.18b / Total Current Liabilities 5.73b)
Debt / Equity = 1.54 (Debt 22.1b / totalStockholderEquity, last quarter 14.4b)
Debt / EBITDA = 6.94 (Net Debt 21.7b / EBITDA 3.13b)
Debt / FCF = -19.36 (negative FCF - burning cash) (Net Debt 21.7b / FCF TTM -1.12b)
Total Stockholder Equity = 12.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.34% (Net Income 1.04b / Total Assets 46.6b)
RoE = 8.10% (Net Income TTM 1.04b / Total Stockholder Equity 12.9b)
RoCE = 5.83% (EBIT 1.89b / Capital Employed (Equity 12.9b + L.T.Debt 19.5b))
RoIC = 4.10% (NOPAT 1.76b / Invested Capital 43.0b)
WACC = 4.77% (E(21.0b)/V(43.2b) * Re(5.03%) + D(22.1b)/V(43.2b) * Rd(4.85%) * (1-Tc(0.07)))
Discount Rate = 5.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.35 | Cagr: 3.39%
[DCF] Fair Price = unknown (Cash Flow -1.12b)
EPS Correlation: 65.36 | EPS CAGR: 9.42% | SUE: -0.13 | # QB: 0
Revenue Correlation: 76.49 | Revenue CAGR: 6.61% | SUE: -0.52 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.69 | Chg30d=+0.17% | Revisions=+12% | Analysts=9
EPS current Year (2026-12-31): EPS=2.67 | Chg30d=+0.01% | Revisions=+6% | GrowthEPS=+4.9% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=2.61 | Chg30d=+0.15% | Revisions=+58% | GrowthEPS=-2.3% | GrowthRev=+0.4%
[Analyst] Revisions Ratio: +30% (up=18, down=9)