EmeraMEX:EMAN 40 Interest Coverage is 3.48 as of Mar. 2026, which is 84% above its 10-year median of 1.89. GuruFocus rates MEX:EMAN with a GF Score™ of 40/100 and a GF Value™ of MXN726.06 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 449 Utilities - Regulated companies, Emera ranks worse than 81.29% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Emera's
Operating Income
for the
three
months ended in Mar. 2026 was MXN12,394 Mil. Emera's Interest Expense for the
three
months ended in Mar. 2026 was MXN-3,562 Mil.
Emera's interest coverage for the quarter that ended in Mar. 2026 was 3.48.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Emera Inc interest coverage is 2, which is low.
The historical rank and industry rank for Emera's Interest Coverage or its related term are showing as below:
MEX:EMAN'
s Interest Coverage Range Over the Past 10 Years
Min: 1.06 Med: 1.89 Max: 2.4
Current: 2
MEX:EMAN's Interest Coverage is ranked worse than 81.29% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.78
vs MEX:EMAN: 2.00
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Emera Interest Coverage Related Terms
Emera Interest Coverage Historical Data
* Premium members only.
The historical data trend for Emera's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:EMAN vs NEE, SO, DUK: Interest Coverage Comparison
For the Utilities - Regulated Electric subindustry, Emera's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Emera Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Emera's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Emera's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Emera (MEX:EMAN) has a Interest Coverage of 3.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emera and its competitors. This is 84% above median its historical median of 1.89. Over the past decade, Emera's Interest Coverage has ranged from 1.06 to 2.40. According to the industry distribution chart, Emera ranks #365 out of 449 companies in the Utilities - Regulated industry, placing it in the top 81.3%.
Is Emera's Interest Coverage too high?
Emera's current Interest Coverage of 3.48 is 84% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.40. The Utilities - Regulated industry median Interest Coverage is 3.78. Emera's value of 3.48 is 7.9% below this industry median. Based on the distribution chart, Emera ranks #365 out of 449 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Emera has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emera's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Emera ranks #365 out of 449 companies for Interest Coverage. This places Emera in the lower half of its industry. The industry median Interest Coverage is 3.78. Emera's value of 3.48 is 7.9% below this benchmark. Historically, Emera's own Interest Coverage has ranged from 1.06 to 2.40 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 3.78, Emera has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emera's current Interest Coverage of 3.48 is 7.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emera and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emera's current Interest Coverage is 3.48, which is 84% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emera stock overvalued right now?
Based on GuruFocus' analysis, Emera (MEX:EMAN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN726.06, compared to a current price of MXN908.00 — trading 25.1% above its estimated fair value. The current Interest Coverage is 3.48, which is 84% above median its 10-year median of 1.89 and 7.9% below the Utilities - Regulated industry median of 3.78. Emera's overall GF Score™ is 40/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Emera (MEX:EMAN), the current Interest Coverage is 3.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Emera (MEX:EMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Emera stock appears to be overvalued.
The current stock price of MXN908.00 is trading 25.1% above its estimated GF Value™ of MXN726.06.
GuruFocus considers Emera to be Modestly Overvalued.
Key valuation signals for MEX:EMAN:
Interest Coverage: 3.48 (84% above median its 10-year median of 1.89)
GF Value™: MXN726.06 vs. price of MXN908.00 (25.1% above fair value)
Industry Position: 7.9% below the Utilities - Regulated median (#365 of 449)
No single metric tells the full story. See the MEX:EMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations in Canada and Florida.
40GF Score
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