XTSEEMA
Market cap10bUSD
Dec 20, Last price
53.65CAD
1D
0.37%
1Q
2.23%
Jan 2017
18.20%
Name
Emera Inc
Chart & Performance
Profile
Emera Incorporated, an energy and services company, 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 coal-fired, natural gas and/or oil, hydro, wind, solar, petroleum coke, and biomass-fueled 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, 2021, the company's electric utilities served approximately 810,600 customers in West Central Florida; 536,000 customers in Nova Scotia; 132,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and 35,700 customers in the island of Dominica, as well as gas utilities and infrastructure served approximately 445,000 customers across Florida and 542,000 customers in New Mexico. It also provides insurance and reinsurance services to Emera and its affiliates, as well as offers financing services. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 7,563,000 -0.33% | 7,588,000 31.62% | 5,765,000 4.70% | |||||||
Cost of revenue | 4,252,000 | 4,582,000 | 3,603,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,311,000 | 3,006,000 | 2,162,000 | |||||||
NOPBT Margin | 43.78% | 39.62% | 37.50% | |||||||
Operating Taxes | 128,000 | 185,000 | (6,000) | |||||||
Tax Rate | 3.87% | 6.15% | ||||||||
NOPAT | 3,183,000 | 2,821,000 | 2,168,000 | |||||||
Net income | 1,044,000 3.57% | 1,008,000 80.00% | 560,000 -43.03% | |||||||
Dividends | (554,000) | (535,000) | (493,000) | |||||||
Dividend yield | 4.02% | 3.89% | 3.03% | |||||||
Proceeds from repurchase of equity | 424,000 | 277,000 | 733,000 | |||||||
BB yield | -3.08% | -2.01% | -4.50% | |||||||
Debt | ||||||||||
Debt current | 2,109,000 | 3,300,000 | 2,204,000 | |||||||
Long-term debt | 17,799,000 | 15,803,000 | 14,255,000 | |||||||
Deferred revenue | 2,284,000 | |||||||||
Other long-term liabilities | 2,752,000 | 3,074,000 | 868,000 | |||||||
Net debt | 17,918,000 | 17,375,000 | 14,683,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,241,000 | 913,000 | 1,185,000 | |||||||
CAPEX | (2,937,000) | (2,596,000) | (2,359,000) | |||||||
Cash from investing activities | (2,917,000) | (2,569,000) | (2,332,000) | |||||||
Cash from financing activities | 939,000 | 1,555,000 | 1,311,000 | |||||||
FCF | 1,261,000 | (21,000) | 1,350,000 | |||||||
Balance | ||||||||||
Cash | 588,000 | 310,000 | 394,000 | |||||||
Long term investments | 1,402,000 | 1,418,000 | 1,382,000 | |||||||
Excess cash | 1,611,850 | 1,348,600 | 1,487,750 | |||||||
Stockholders' equity | 12,006,000 | 11,360,000 | 10,071,000 | |||||||
Invested Capital | 33,081,150 | 32,187,400 | 28,202,250 | |||||||
ROIC | 9.75% | 9.34% | 7.94% | |||||||
ROCE | 8.94% | 8.41% | 6.85% | |||||||
EV | ||||||||||
Common stock shares outstanding | 273,800 | 265,900 | 257,600 | |||||||
Price | 50.30 -2.80% | 51.75 -18.14% | 63.22 16.86% | |||||||
Market cap | 13,772,140 0.09% | 13,760,325 -15.51% | 16,285,472 21.28% | |||||||
EV | 33,126,140 | 32,571,325 | 32,424,472 | |||||||
EBITDA | 4,371,000 | 3,965,000 | 3,077,000 | |||||||
EV/EBITDA | 7.58 | 8.21 | 10.54 | |||||||
Interest | 938,000 | 709,000 | 611,000 | |||||||
Interest/NOPBT | 28.33% | 23.59% | 28.26% |