ECN CAPITAL CORP (ECN.CA) Fundamental Analysis & Valuation
TSX:ECN • CA26829L1076
Current stock price
3.08 CAD
-0.01 (-0.32%)
Last:
This ECN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ECN.CA Profitability Analysis
1.1 Basic Checks
- In the past year ECN was profitable.
- In the past year ECN had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: ECN reported negative net income in multiple years.
- The reported operating cash flow has been mixed in the past 5 years: ECN reported negative operating cash flow in multiple years.
1.2 Ratios
- ECN has a Return On Assets (1.32%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 6.03%, ECN is in line with its industry, outperforming 55.56% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 6.04%, ECN belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
- ECN had an Average Return On Invested Capital over the past 3 years of 3.72%. This is below the industry average of 8.08%.
- The last Return On Invested Capital (6.04%) for ECN is above the 3 year average (3.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 6.03% | ||
| ROIC | 6.04% |
ROA(3y)-2.49%
ROA(5y)15.32%
ROE(3y)-15.97%
ROE(5y)78.92%
ROIC(3y)3.72%
ROIC(5y)2.85%
1.3 Margins
- ECN's Profit Margin of 4.71% is in line compared to the rest of the industry. ECN outperforms 40.74% of its industry peers.
- ECN's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 40.75%, ECN is in line with its industry, outperforming 51.85% of the companies in the same industry.
- In the last couple of years the Operating Margin of ECN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.75% | ||
| PM (TTM) | 4.71% | ||
| GM | N/A |
OM growth 3Y4.91%
OM growth 5Y58.78%
PM growth 3Y-4.84%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. ECN.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ECN is destroying value.
- Compared to 1 year ago, ECN has more shares outstanding
- The number of shares outstanding for ECN has been increased compared to 5 years ago.
- ECN has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.26, we must say that ECN is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.26, ECN is doing worse than 77.78% of the companies in the same industry.
- ECN has a debt to FCF ratio of 53.22. This is a negative value and a sign of low solvency as ECN would need 53.22 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 53.22, ECN is in line with its industry, outperforming 48.15% of the companies in the same industry.
- A Debt/Equity ratio of 2.84 is on the high side and indicates that ECN has dependencies on debt financing.
- The Debt to Equity ratio of ECN (2.84) is worse than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.84 | ||
| Debt/FCF | 53.22 | ||
| Altman-Z | 0.26 |
ROIC/WACC1
WACC6.05%
2.3 Liquidity
- A Current Ratio of 1.09 indicates that ECN should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.09, ECN is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- ECN has a Quick Ratio of 1.09. This is a normal value and indicates that ECN is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 1.09, ECN is doing good in the industry, outperforming 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 |
3. ECN.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 100.00% over the past year.
- ECN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.30% yearly.
- The Revenue has grown by 19.43% in the past year. This is quite good.
- The Revenue has been growing by 13.78% on average over the past years. This is quite good.
EPS 1Y (TTM)100%
EPS 3Y-6.47%
EPS 5Y-10.3%
EPS Q2Q%150%
Revenue 1Y (TTM)19.43%
Revenue growth 3Y11.15%
Revenue growth 5Y13.78%
Sales Q2Q%30.39%
3.2 Future
- ECN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.44% yearly.
- ECN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.51% yearly.
EPS Next Y34.67%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.86%
Revenue Next 2Y10.51%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. ECN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.32, which indicates a correct valuation of ECN.
- Based on the Price/Earnings ratio, ECN is valued a bit cheaper than 77.78% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.34. ECN is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 9.18, which indicates a very decent valuation of ECN.
- 88.89% of the companies in the same industry are more expensive than ECN, based on the Price/Forward Earnings ratio.
- ECN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 9.18 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ECN indicates a rather cheap valuation: ECN is cheaper than 92.59% of the companies listed in the same industry.
- ECN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.96 | ||
| EV/EBITDA | 9.26 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ECN's earnings are expected to grow with 18.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y18.44%
EPS Next 3YN/A
5. ECN.CA Dividend Analysis
5.1 Amount
- ECN has a Yearly Dividend Yield of 1.30%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 5.48, ECN's dividend is way lower than its industry peers. On top of this 81.48% 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 | 1.3% |
5.2 History
- The dividend of ECN decreases each year by -15.65%.
- ECN has paid a dividend for at least 10 years, which is a reliable track record.
- ECN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-15.65%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- ECN pays out 123.00% of its income as dividend. This is not a sustainable payout ratio.
DP123%
EPS Next 2Y18.44%
EPS Next 3YN/A
ECN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:ECN (4/14/2026, 7:00:00 PM)
3.08
-0.01 (-0.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-07 2026-05-07
Inst Owners27.06%
Inst Owner ChangeN/A
Ins Owners6.9%
Ins Owner ChangeN/A
Market Cap867.73M
Revenue(TTM)273.79M
Net Income(TTM)12.90M
Analysts72.5
Price Target4.13 (34.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
Yearly Dividend0.08
Dividend Growth(5Y)-15.65%
DP123%
Div Incr Years0
Div Non Decr Years3
Ex-Date03-20 2026-03-20 (0.01)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-15.35%
Min EPS beat(2)-25.75%
Max EPS beat(2)-4.95%
EPS beat(4)0
Avg EPS beat(4)-11.71%
Min EPS beat(4)-25.75%
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)6.06%
Min Revenue beat(2)-0.9%
Max Revenue beat(2)13.03%
Revenue beat(4)2
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-7.2%
Max Revenue beat(4)13.03%
Revenue beat(8)5
Avg Revenue beat(8)5.46%
Revenue beat(12)5
Avg Revenue beat(12)-1.45%
Revenue beat(16)5
Avg Revenue beat(16)-6.58%
PT rev (1m)0%
PT rev (3m)4.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.77%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 9.18 | ||
| P/S | 2.29 | ||
| P/FCF | 54.96 | ||
| P/OCF | 52.71 | ||
| P/B | 2.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.26 |
EPS(TTM)0.25
EY8.12%
EPS(NY)0.34
Fwd EY10.9%
FCF(TTM)0.06
FCFY1.82%
OCF(TTM)0.06
OCFY1.9%
SpS1.35
BVpS1.05
TBVpS-0.27
PEG (NY)0.36
PEG (5Y)N/A
Graham Number2.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 6.03% | ||
| ROCE | 12.33% | ||
| ROIC | 6.04% | ||
| ROICexc | 6.15% | ||
| ROICexgc | 9.71% | ||
| OM | 40.75% | ||
| PM (TTM) | 4.71% | ||
| GM | N/A | ||
| FCFM | 4.16% |
ROA(3y)-2.49%
ROA(5y)15.32%
ROE(3y)-15.97%
ROE(5y)78.92%
ROIC(3y)3.72%
ROIC(5y)2.85%
ROICexc(3y)3.78%
ROICexc(5y)2.91%
ROICexgc(3y)5.86%
ROICexgc(5y)4.62%
ROCE(3y)7.59%
ROCE(5y)5.82%
ROICexgc growth 3Y43.39%
ROICexgc growth 5Y91.31%
ROICexc growth 3Y33.26%
ROICexc growth 5Y101.07%
OM growth 3Y4.91%
OM growth 5Y58.78%
PM growth 3Y-4.84%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.84 | ||
| Debt/FCF | 53.22 | ||
| Debt/EBITDA | 4.61 | ||
| Cap/Depr | 2.44% | ||
| Cap/Sales | 0.18% | ||
| Interest Coverage | 2.73 | ||
| Cash Conversion | 9.04% | ||
| Profit Quality | 88.42% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 0.26 |
F-Score6
WACC6.05%
ROIC/WACC1
Cap/Depr(3y)46.66%
Cap/Depr(5y)84.5%
Cap/Sales(3y)4.34%
Cap/Sales(5y)6.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)100%
EPS 3Y-6.47%
EPS 5Y-10.3%
EPS Q2Q%150%
EPS Next Y34.67%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)19.43%
Revenue growth 3Y11.15%
Revenue growth 5Y13.78%
Sales Q2Q%30.39%
Revenue Next Year12.86%
Revenue Next 2Y10.51%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y34.68%
EBIT growth 3Y16.61%
EBIT growth 5Y80.66%
EBIT Next Year103.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-93.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-93.43%
OCF growth 3YN/A
OCF growth 5YN/A
ECN CAPITAL CORP / ECN.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of ECN CAPITAL CORP (ECN.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ECN.CA.
Can you provide the valuation status for ECN CAPITAL CORP?
ChartMill assigns a valuation rating of 6 / 10 to ECN CAPITAL CORP (ECN.CA). This can be considered as Fairly Valued.
How profitable is ECN CAPITAL CORP (ECN.CA) stock?
ECN CAPITAL CORP (ECN.CA) has a profitability rating of 4 / 10.
How financially healthy is ECN CAPITAL CORP?
The financial health rating of ECN CAPITAL CORP (ECN.CA) is 3 / 10.
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 123%.