Valuation Emera Incorporated

Equities

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-09-12 EDT			5-day change	1st Jan Change
52.90 ^CAD	+2.96%		+2.98%	+5.17%

08-23	National Bank of Canada Makes Additions to Top Picks List for Pipelines, Utilities, Energy Infrastructure	MT
08-09	Emera Maintained at Sector Perform with a $49.00 Price Target at National Bank of Canada	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	13,451	13,581	16,432	13,955	13,996	15,380	-	-
Change	-	0.97%	20.99%	-15.07%	0.29%	9.88%	-	-
Enterprise Value (EV) ¹	28,946	28,707	32,415	32,667	33,206	35,650	36,384	36,911
Change	-	-0.82%	12.91%	0.78%	1.65%	7.36%	2.06%	1.45%
P/E ratio	20.2x	14.3x	31.9x	14.5x	14.1x	18.3x	16.5x	15.8x
PBR	1.56x	1.48x	1.63x	1.22x	1.18x	1.38x	1.36x	1.33x
PEG	-	0.4x	-0.7x	0.2x	50.2x	-1x	1.5x	3.55x
Capitalization / Revenue	2.2x	2.47x	2.85x	1.84x	1.85x	2x	1.89x	1.88x
EV / Revenue	4.74x	5.21x	5.62x	4.31x	4.39x	4.63x	4.46x	4.51x
EV / EBITDA	12.4x	12.3x	13.7x	12.2x	11.4x	11.6x	10.8x	10.8x
EV / EBIT	20.2x	24.5x	34.9x	20.1x	18.5x	19.6x	17.7x	16.9x
EV / FCF	-29.8x	-29.1x	-27.6x	-19.4x	-47.7x	-71.8x	-79.5x	40.4x
FCF Yield	-3.35%	-3.43%	-3.62%	-5.15%	-2.1%	-1.39%	-1.26%	2.47%
Dividend per Share ²	2.375	2.475	2.575	2.678	2.788	2.883	2.927	2.982
Rate of return	4.26%	4.57%	4.07%	5.17%	5.54%	5.45%	5.53%	5.64%
EPS ²	2.76	3.78	1.98	3.56	3.57	2.888	3.207	3.349
Distribution rate	86.1%	65.5%	130%	75.2%	78.1%	99.8%	91.3%	89%
Net sales ¹	6,111	5,506	5,765	7,588	7,563	7,704	8,158	8,191
EBITDA ¹	2,339	2,343	2,367	2,687	2,910	3,069	3,381	3,415
EBIT ¹	1,436	1,172	930	1,629	1,794	1,817	2,061	2,180
Net income ¹	663	938	510	945	978	828.3	954.5	1,018
Net Debt ¹	15,495	15,126	15,983	18,712	19,210	20,271	21,004	21,532
Reference price ²	55.79	54.10	63.22	51.75	50.30	52.90	52.90	52.90
Nbr of stocks (in thousands)	241,097	251,037	259,911	269,665	278,255	290,733	-	-
Announcement Date	2/18/20	2/16/21	2/14/22	2/23/23	2/26/24	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
EMERA INCORPORATED	17.79x	4.57x	11.47x	+5.61%	10.98B
NEXTERA ENERGY	24.08x	9.15x	15.32x	+2.46%	171B
SOUTHERN COMPANY	22.11x	6.13x	13.77x	+3.23%	97.16B
IBERDROLA, S.A.	15.14x	2.67x	8.39x	+4.37%	90.88B
DUKE ENERGY CORPORATION	19.29x	5.8x	12.42x	+3.60%	89.73B
ENEL S.P.A.	10.46x	1.38x	5.55x	+6.40%	78.89B
CONSTELLATION ENERGY CORPORATION	20.55x	3.25x	15.2x	+0.75%	58.55B
AMERICAN ELECTRIC POWER COMPANY, INC.	18.43x	4.94x	12.19x	+3.48%	54.83B
DOMINION ENERGY, INC.	20.17x	5.64x	11.9x	+4.67%	48.01B
Average	18.67x	4.84x	11.80x	+3.84%	77.84B
Weighted average by Cap.	19.40x	5.45x	12.19x	+3.54%