Emera Incorporated trades with the ticker EMA on the TSX and is in the Utilities – Regulated Electric industry.
Overview
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. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company’s electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
Looking to invest in Emera Incorporated? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
EMA.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $13947.04MM
PE Ratio: 13.67
Price: 48.87 (Updated: 3/12/2024 0:47:16)
Emera Incorporated (EMA) vs Competitors in Utilities – Regulated Electric
Lets see how EMA.TO stacks up against others in the Utilities – Regulated Electric asset management industry. We have identified its main peers as:Caribbean Utilities Company, Ltd, Fortis Inc, Fortis Inc, Hydro One Ltd
.Utilities – Regulated Electric Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Caribbean Utilities Company, Ltd (CUP-U) | $470.57 | 12.3 | 9.792 | 6.0% |
| Emera Incorporated (EMA) | $13,947.04 | 13.67 | 10.911 | 5.9% |
| Fortis Inc (FTS) | $26,521.242 | 17.439 | 11.179 | 4.4% |
| Fortis Inc (FTS) | $26,521.242 | 17.439 | 11.179 | 4.4% |
| Emera Incorporated (EMA) | $13,947.04 | 13.67 | 10.911 | 5.9% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Utilities – Regulated Electric
- Emera Incorporated (EMA) vs Caribbean Utilities Company, Ltd (CUP-U)
- EMA has higher EPS (3.57 vs 1.0). CUP-U has higher dividend yield (6.0% vs 5.9%). EMA has a higher P/E ratio (13.67 vs 12.3) indicating it’s more expensive.
- Emera Incorporated (EMA) vs Fortis Inc (FTS)
- EMA has higher EPS (3.57 vs 3.1). EMA has higher dividend yield (5.9% vs 4.4%). FTS has a higher P/E ratio (17.439 vs 13.67) indicating it’s more expensive.
- Emera Incorporated (EMA) vs Fortis Inc (FTS)
- EMA has higher EPS (3.57 vs 3.1). EMA has higher dividend yield (5.9% vs 4.4%). FTS has a higher P/E ratio (17.439 vs 13.67) indicating it’s more expensive.
- Emera Incorporated (EMA) vs Hydro One Ltd (H)
- EMA has higher EPS (3.57 vs 1.81). EMA has higher dividend yield (5.9% vs 2.8%). H has a higher P/E ratio (23.006 vs 13.67) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (13.67) than the industry average (17.04), indicating potential undervaluation. Features a lower EV/EBITDA ratio (10.91) than the industry average (11.68), indicating attractive valuation.
How to Buy EMA stock on the TSX
You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
