Emera has transitioned to a predominantly U.S. utility that generates a majority of its earnings and growth from its Florida operations. While Emera's Canadian utilities have historically operated under a constructive regulatory framework, Emera's U.S. utilities offer significantly more growth opportunities and higher allowed returns.
The move toward regulated operations drives rate base and earnings growth certainty.
The company's aggressive investment plan increases regulatory risk, particularly in Nova Scotia.
|
Metric
|
EMA
|
DUK
|
NEE
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.55 | 17.53 | 20.37 |
Price/Book Value | 1.23 | 1.62 | 2.80 |
Price/Sales | 1.67 | 2.63 | 4.99 |
Price/Cash Flow | 5.41 | 7.93 | 10.13 |
|
Metric
|
EMA
|
DUK
|
NEE
|
|---|---|---|---|
Quick Ratio | 0.38 | 0.25 | 0.31 |
Current Ratio | 0.82 | 0.74 | 0.55 |
Interest Coverage | 2.19 | 2.57 | 3.19 |
|
Metric
|
EMA
|
DUK
|
NEE
|
|---|---|---|---|
Return on Assets (Normalized) | 1.07% | 0.49% | 3.73% |
Return on Equity (Normalized) | 4.05% | 1.85% | 13.95% |
Return on Invested Capital (Normalized) | 3.86% | 2.77% | 6.63% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Thclgtjzx | Wtqdzdd | $137.4 Bil | |
SO
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DUK
| Duke Energy Corp | Fqnydhm | Vqmmvwk | $76.4 Bil | |
NGG
| National Grid PLC ADR | Qlxnkdxh | Knr | $48.5 Bil | |
AEP
| American Electric Power Co Inc | Nkzwgsxf | Dxxfbf | $45.5 Bil | |
PCG
| PG&E Corp | Fccczsz | Gtjj | $44.6 Bil | |
D
| Dominion Energy Inc | Xxbvlqyv | Jsmlbhs | $42.7 Bil | |
EXC
| Exelon Corp | Bmfqphfs | Gxqny | $37.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Xdwkxtvw | Sbhxyyj | $33.5 Bil | |
ED
| Consolidated Edison Inc | Ltjdpbmnp | Rzdf | $32.5 Bil |
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