Emera Incorporated Stock Fundamentals
| ERRAF Stock | USD 16.00 0.00 0.00% |
Emera Incorporated fundamentals help investors to digest information that contributes to Emera Incorporated's financial success or failures. It also enables traders to predict the movement of Emera Pink Sheet. The fundamental analysis module provides a way to measure Emera Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Emera Incorporated pink sheet.
Emera |
Emera Incorporated Company Operating Margin Analysis
Emera Incorporated's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Emera Incorporated Operating Margin | 0.20 % |
Most of Emera Incorporated's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Emera Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Emera Incorporated has an Operating Margin of 0.2029%. This is 98.99% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The operating margin for all United States stocks is 103.68% lower than that of the firm.
Emera Incorporated Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Emera Incorporated's current stock value. Our valuation model uses many indicators to compare Emera Incorporated value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Emera Incorporated competition to find correlations between indicators driving Emera Incorporated's intrinsic value. More Info.Emera Incorporated is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Emera Incorporated is roughly 3.30 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Emera Incorporated by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Emera Incorporated's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Emera Incorporated's earnings, one of the primary drivers of an investment's value.Emera Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Emera Incorporated's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Emera Incorporated could also be used in its relative valuation, which is a method of valuing Emera Incorporated by comparing valuation metrics of similar companies.Emera Incorporated is currently under evaluation in operating margin category among related companies.
Emera Fundamentals
| Return On Equity | 0.0811 | |||
| Return On Asset | 0.0246 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 21.21 B | |||
| Shares Outstanding | 233 M | |||
| Shares Owned By Institutions | 25.60 % | |||
| Price To Earning | 5.43 X | |||
| Price To Sales | 1.65 X | |||
| Revenue | 5.76 B | |||
| Gross Profit | 2.17 B | |||
| EBITDA | 2.08 B | |||
| Net Income | 560 M | |||
| Cash And Equivalents | 275 M | |||
| Cash Per Share | 1.03 X | |||
| Total Debt | 14.2 B | |||
| Debt To Equity | 1.62 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | 36.17 X | |||
| Cash Flow From Operations | 1.19 B | |||
| Earnings Per Share | 1.77 X | |||
| Number Of Employees | 37 | |||
| Beta | 0.27 | |||
| Market Capitalization | 11.68 B | |||
| Total Asset | 34.24 B | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 34.24 B | |||
| Last Dividend Paid | 2.65 |
About Emera Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emera Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emera Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emera Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company was incorporated in 1998 and is headquartered in Halifax, Canada. EMERA INC is traded on OTC Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Emera Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Emera Incorporated's short interest history, or implied volatility extrapolated from Emera Incorporated options trading.
Pair Trading with Emera Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emera Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emera Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Pink Sheet
| 0.58 | DUK-PA | Duke Energy | PairCorr |
| 0.46 | AEP | American Electric Power Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Emera Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emera Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emera Incorporated to buy it.
The correlation of Emera Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emera Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emera Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Emera Incorporated information on this page should be used as a complementary analysis to other Emera Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Emera Pink Sheet analysis
When running Emera Incorporated's price analysis, check to measure Emera Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Emera Incorporated is operating at the current time. Most of Emera Incorporated's value examination focuses on studying past and present price action to predict the probability of Emera Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera Incorporated's price. Additionally, you may evaluate how the addition of Emera Incorporated to your portfolios can decrease your overall portfolio volatility.
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