EMERA INCORPORATED

EMA
Delayed Quote. Delayed  - 11/26 05:00:00 pm
59.13CAD -0.24%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 13 58115 299
Entreprise Value (EV)1 28 70731 504
P/E ratio 14,3x42,1x
Yield 4,57%4,35%
Capitalization / Revenue 2,47x2,66x
EV / Revenue 5,21x5,49x
EV / EBITDA 12,3x13,0x
Price to Book 1,48x1,79x
Nbr of stocks (in thousands) 251 037258 727
Reference price (CAD) 54,159,1
Announcement Date 02/16/2021-
Previous period Next period
1 CAD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 5 5065 741
EBITDA1 2 3432 423
Operating profit (EBIT)1 1 1721 289
Operating Margin 21,3%22,4%
Pre-Tax Profit (EBT)1 1 325388
Net income1 938357
Net margin 17,0%6,22%
EPS2 3,781,41
Dividend per Share2 2,482,57
Announcement Date 02/16/2021-
Previous period Next period
1 CAD in Million
2 CAD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 15 12616 206
Net Cash position1 --
Leverage (Debt / EBITDA) 6,46x6,69x
Free Cash Flow1 -986-186
ROE (Net Profit / Equities) 10,6%8,54%
Shareholders' equity1 8 8854 181
ROA (Net Profit / Asset) 2,97%2,20%
Assets1 31 54016 227
Book Value Per Share2 36,633,0
Cash Flow per Share2 5,735,73
Capex1 2 6232 309
Capex / Sales 47,6%40,2%
Announcement Date 02/16/2021-
Previous period Next period
1 CAD in Million
2 CAD
Financial Ratios
Size 2021e 2022e
Capitalization 15 299 M CAD -
Entreprise Value (EV) 31 504 M CAD 32 497 M CAD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 42,1x 19,4x
Capitalization / Revenue 2,66x 2,48x
EV / Revenue 5,49x 5,10x
EV / EBITDA 13,0x 11,5x
Yield (DPS / Price) 4,35% 4,51%
Price to book (Price / BVPS) 1,79x 1,73x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 22,4% 27,0%
Operating Leverage (Delta EBIT / Delta Sales) 2,33x 3,88x
Net Margin (Net Profit / Revenue) 6,22% 12,9%
ROA (Net Profit / Asset) 2,20% 2,34%
ROE (Net Profit / Equities) 8,54% 9,06%
Rate of Dividend 183% 87,4%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   40,2% 42,8%
Cash Flow / Sales 25,8% 29,5%
Capital Intensity (Assets / Sales) 2,83x 5,52x
Financial Leverage (Net Debt / EBITDA) 6,69x 6,29x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend