ECN CAPITAL CORP (ECN.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ECN • CA26829L1076
3.05 CAD
0 (0%)
Last: Feb 4, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to ECN. ECN was compared to 28 industry peers in the Financial Services industry. While ECN seems to be doing ok healthwise, there are quite some concerns on its profitability. ECN may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- ECN had positive earnings in the past year.
- ECN had a positive operating cash flow in the past year.
- In multiple years ECN reported negative net income over the last 5 years.
- In multiple years ECN reported negative operating cash flow during the last 5 years.
1.2 Ratios
- With a Return On Assets value of 0.46%, ECN is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
- ECN has a worse Return On Equity (2.13%) than 64.29% of its industry peers.
- With a Return On Invested Capital value of 4.52%, ECN perfoms like the industry average, outperforming 53.57% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ECN is significantly below the industry average of 7.95%.
- The 3 year average ROIC (2.48%) for ECN is below the current ROIC(4.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 2.13% | ||
| ROIC | 4.52% |
ROA(3y)-2.68%
ROA(5y)14.79%
ROE(3y)-16.1%
ROE(5y)77.16%
ROIC(3y)2.48%
ROIC(5y)1.63%
1.3 Margins
- ECN has a worse Profit Margin (1.81%) than 67.86% of its industry peers.
- ECN has a Operating Margin of 34.57%. This is comparable to the rest of the industry: ECN outperforms 42.86% of its industry peers.
- ECN's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.57% | ||
| PM (TTM) | 1.81% | ||
| GM | N/A |
OM growth 3Y87.71%
OM growth 5Y15.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ECN is destroying value.
- Compared to 1 year ago, ECN has more shares outstanding
- ECN has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ECN has an improved debt to assets ratio.
2.2 Solvency
- ECN has an Altman-Z score of 0.14. This is a bad value and indicates that ECN is not financially healthy and even has some risk of bankruptcy.
- ECN has a Altman-Z score of 0.14. This is amonst the worse of the industry: ECN underperforms 82.14% of its industry peers.
- ECN has a debt to FCF ratio of 8.94. This is a slightly negative value and a sign of low solvency as ECN would need 8.94 years to pay back of all of its debts.
- ECN has a better Debt to FCF ratio (8.94) than 82.14% of its industry peers.
- ECN has a Debt/Equity ratio of 2.80. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of ECN (2.80) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.8 | ||
| Debt/FCF | 8.94 | ||
| Altman-Z | 0.14 |
ROIC/WACC0.68
WACC6.61%
2.3 Liquidity
- A Current Ratio of 1.12 indicates that ECN should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.12, ECN is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
- A Quick Ratio of 1.12 indicates that ECN should not have too much problems paying its short term obligations.
- ECN has a Quick ratio of 1.12. This is in the better half of the industry: ECN outperforms 67.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
- ECN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 650.00%, which is quite impressive.
- Measured over the past years, ECN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.31% on average per year.
- Looking at the last year, ECN shows a very strong growth in Revenue. The Revenue has grown by 23.61%.
- The Revenue has been decreasing by -1.56% on average over the past years.
EPS 1Y (TTM)650%
EPS 3Y-34.48%
EPS 5Y-20.31%
EPS Q2Q%50%
Revenue 1Y (TTM)23.61%
Revenue growth 3Y21.98%
Revenue growth 5Y-1.56%
Sales Q2Q%12.47%
3.2 Future
- The Earnings Per Share is expected to grow by 48.19% on average over the next years. This is a very strong growth
- Based on estimates for the next years, ECN will show a quite strong growth in Revenue. The Revenue will grow by 14.01% on average per year.
EPS Next Y102%
EPS Next 2Y65.25%
EPS Next 3Y48.19%
EPS Next 5YN/A
Revenue Next Year14.38%
Revenue Next 2Y15.2%
Revenue Next 3Y14.01%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 15.25, ECN is valued correctly.
- 67.86% of the companies in the same industry are more expensive than ECN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of ECN to the average of the S&P500 Index (28.25), we can say ECN is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 9.09, the valuation of ECN can be described as reasonable.
- ECN's Price/Forward Earnings ratio is rather cheap when compared to the industry. ECN is cheaper than 85.71% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ECN to the average of the S&P500 Index (27.50), we can say ECN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 9.09 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ECN is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
- ECN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ECN is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.55 | ||
| EV/EBITDA | 11.36 |
4.3 Compensation for Growth
- ECN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as ECN's earnings are expected to grow with 48.19% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y65.25%
EPS Next 3Y48.19%
5. Dividend
5.1 Amount
- ECN has a Yearly Dividend Yield of 1.32%.
- Compared to an average industry Dividend Yield of 5.61, ECN's dividend is way lower than its industry peers. On top of this 82.14% of the companies listed in the same industry pay a better dividend than ECN!
- Compared to the average S&P500 Dividend Yield of 1.82, ECN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
- The dividend of ECN decreases each year by -5.51%.
- ECN has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of ECN decreased in the last 3 years.
Dividend Growth(5Y)-5.51%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- ECN pays out 348.97% of its income as dividend. This is not a sustainable payout ratio.
DP348.97%
EPS Next 2Y65.25%
EPS Next 3Y48.19%
TSX:ECN (2/4/2026, 7:00:00 PM)
3.05
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)02-25 2026-02-25
Inst Owners30.81%
Inst Owner ChangeN/A
Ins Owners6.76%
Ins Owner ChangeN/A
Market Cap858.54M
Revenue(TTM)246.78M
Net Income(TTM)4.47M
Analysts73.33
Price Target3.94 (29.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend0.08
Dividend Growth(5Y)-5.51%
DP348.97%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.05%
Min EPS beat(2)-15.14%
Max EPS beat(2)-4.95%
EPS beat(4)0
Avg EPS beat(4)-21.27%
Min EPS beat(4)-64%
Max EPS beat(4)-0.99%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.91%
Min Revenue beat(2)-7.2%
Max Revenue beat(2)13.03%
Revenue beat(4)2
Avg Revenue beat(4)2.06%
Min Revenue beat(4)-7.75%
Max Revenue beat(4)13.03%
Revenue beat(8)5
Avg Revenue beat(8)4.52%
Revenue beat(12)5
Avg Revenue beat(12)-2.14%
Revenue beat(16)5
Avg Revenue beat(16)-8.91%
PT rev (1m)-0.77%
PT rev (3m)7.24%
EPS NQ rev (1m)2.57%
EPS NQ rev (3m)6.67%
EPS NY rev (1m)1.88%
EPS NY rev (3m)1.41%
Revenue NQ rev (1m)-1.51%
Revenue NQ rev (3m)6.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 9.09 | ||
| P/S | 2.55 | ||
| P/FCF | 9.55 | ||
| P/OCF | 9.45 | ||
| P/B | 2.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.36 |
EPS(TTM)0.2
EY6.56%
EPS(NY)0.34
Fwd EY11%
FCF(TTM)0.32
FCFY10.47%
OCF(TTM)0.32
OCFY10.58%
SpS1.2
BVpS1.02
TBVpS-0.26
PEG (NY)0.15
PEG (5Y)N/A
Graham Number2.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 2.13% | ||
| ROCE | 9.52% | ||
| ROIC | 4.52% | ||
| ROICexc | 4.64% | ||
| ROICexgc | 7.25% | ||
| OM | 34.57% | ||
| PM (TTM) | 1.81% | ||
| GM | N/A | ||
| FCFM | 26.66% |
ROA(3y)-2.68%
ROA(5y)14.79%
ROE(3y)-16.1%
ROE(5y)77.16%
ROIC(3y)2.48%
ROIC(5y)1.63%
ROICexc(3y)2.52%
ROICexc(5y)1.66%
ROICexgc(3y)3.6%
ROICexgc(5y)2.66%
ROCE(3y)5.23%
ROCE(5y)3.43%
ROICexgc growth 3Y47.97%
ROICexgc growth 5Y17.4%
ROICexc growth 3Y100.79%
ROICexc growth 5Y25.74%
OM growth 3Y87.71%
OM growth 5Y15.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.8 | ||
| Debt/FCF | 8.94 | ||
| Debt/EBITDA | 5.6 | ||
| Cap/Depr | 3.51% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 2.08 | ||
| Cash Conversion | 63.29% | ||
| Profit Quality | 1470.72% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 0.14 |
F-Score7
WACC6.61%
ROIC/WACC0.68
Cap/Depr(3y)114.58%
Cap/Depr(5y)86.26%
Cap/Sales(3y)8.73%
Cap/Sales(5y)6.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)650%
EPS 3Y-34.48%
EPS 5Y-20.31%
EPS Q2Q%50%
EPS Next Y102%
EPS Next 2Y65.25%
EPS Next 3Y48.19%
EPS Next 5YN/A
Revenue 1Y (TTM)23.61%
Revenue growth 3Y21.98%
Revenue growth 5Y-1.56%
Sales Q2Q%12.47%
Revenue Next Year14.38%
Revenue Next 2Y15.2%
Revenue Next 3Y14.01%
Revenue Next 5YN/A
EBIT growth 1Y63.62%
EBIT growth 3Y128.98%
EBIT growth 5Y13.75%
EBIT Next Year112.84%
EBIT Next 3Y44.38%
EBIT Next 5YN/A
FCF growth 1Y144.79%
FCF growth 3Y11.95%
FCF growth 5Y-6.78%
OCF growth 1Y151.11%
OCF growth 3Y10.19%
OCF growth 5Y-7.11%
ECN CAPITAL CORP / ECN.CA FAQ
What is the ChartMill fundamental rating of ECN CAPITAL CORP (ECN.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ECN.CA.
What is the valuation status for ECN stock?
ChartMill assigns a valuation rating of 8 / 10 to ECN CAPITAL CORP (ECN.CA). This can be considered as Undervalued.
What is the profitability of ECN stock?
ECN CAPITAL CORP (ECN.CA) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ECN CAPITAL CORP (ECN.CA) stock?
The Price/Earnings (PE) ratio for ECN CAPITAL CORP (ECN.CA) is 15.25 and the Price/Book (PB) ratio is 2.99.
Can you provide the dividend sustainability for ECN stock?
The dividend rating of ECN CAPITAL CORP (ECN.CA) is 2 / 10 and the dividend payout ratio is 348.97%.