Emera Inc Stock Performance
| EMA Stock | CAD 53.42 0.07 0.13% |
Emera has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Emera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Emera is expected to be smaller as well. Emera Inc right now shows a risk of 1.23%. Please confirm Emera Inc maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Emera Inc will be following its price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Emera Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Emera is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0543 | Payout Ratio 1.0586 | Last Split Factor 1:10 | Forward Dividend Rate 2.9 | Dividend Date 2024-11-15 |
1 | Emera Is Paying Out A Larger Dividend Than Last Year - Yahoo Finance | 10/15/2024 |
2 | Emera Appoints Karen Sheriff as New Board Chair - TipRanks | 11/14/2024 |
| Begin Period Cash Flow | 332 M |
Emera |
Emera Relative Risk vs. Return Landscape
If you would invest 5,052 in Emera Inc on September 2, 2024 and sell it today you would earn a total of 290.00 from holding Emera Inc or generate 5.74% return on investment over 90 days. Emera Inc is generating 0.0947% of daily returns assuming 1.2316% volatility of returns over the 90 days investment horizon. Simply put, 10% of all stocks have less volatile historical return distribution than Emera, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Emera Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emera's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Emera Inc, and traders can use it to determine the average amount a Emera's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0769
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Emera is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Emera by adding it to a well-diversified portfolio.
Emera Fundamentals Growth
Emera Stock prices reflect investors' perceptions of the future prospects and financial health of Emera, and Emera fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Emera Stock performance.
| Return On Equity | 0.058 | ||||
| Return On Asset | 0.0254 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 35.5 B | ||||
| Shares Outstanding | 292.9 M | ||||
| Price To Earning | 13.95 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 2.11 X | ||||
| Revenue | 7.56 B | ||||
| Gross Profit | 3.03 B | ||||
| EBITDA | 3.16 B | ||||
| Net Income | 1.04 B | ||||
| Cash And Equivalents | 310 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 19.86 B | ||||
| Debt To Equity | 1.62 % | ||||
| Current Ratio | 0.67 X | ||||
| Book Value Per Share | 37.58 X | ||||
| Cash Flow From Operations | 2.24 B | ||||
| Earnings Per Share | 2.22 X | ||||
| Market Capitalization | 15.65 B | ||||
| Total Asset | 39.48 B | ||||
| Retained Earnings | 1.8 B | ||||
| Working Capital | (836 M) | ||||
| Current Asset | 2.6 B | ||||
| Current Liabilities | 2.08 B | ||||
About Emera Performance
By examining Emera's fundamental ratios, stakeholders can obtain critical insights into Emera's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Emera is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.26 | 81.05 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.09 | 0.10 |
Things to note about Emera Inc performance evaluation
Checking the ongoing alerts about Emera for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Emera Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Emera Inc has accumulated 19.86 B in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Emera Inc has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Emera until it has trouble settling it off, either with new capital or with free cash flow. So, Emera's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Emera Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Emera Appoints Karen Sheriff as New Board Chair - TipRanks |
- Analyzing Emera's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Emera's stock is overvalued or undervalued compared to its peers.
- Examining Emera's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Emera's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Emera's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Emera's stock. These opinions can provide insight into Emera's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Emera Stock
Emera financial ratios help investors to determine whether Emera Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Emera with respect to the benefits of owning Emera security.