ECN CAPITAL CORP (ECN.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:ECN • CA26829L1076

3.03 CAD
-0.01 (-0.33%)
Last: Feb 10, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, ECN scores 5 out of 10 in our fundamental rating. ECN was compared to 27 industry peers in the Financial Services industry. The financial health of ECN is average, but there are quite some concerns on its profitability. ECN scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year ECN was profitable.
  • 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.
ECN.CA Yearly Net Income VS EBIT VS OCF VS FCFECN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • ECN has a Return On Assets of 0.46%. This is comparable to the rest of the industry: ECN outperforms 40.74% of its industry peers.
  • With a Return On Equity value of 2.13%, ECN is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
  • ECN has a Return On Invested Capital (4.52%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ECN is significantly below the industry average of 8.08%.
  • The last Return On Invested Capital (4.52%) for ECN is above the 3 year average (2.48%), which is a sign of increasing profitability.
Industry RankSector 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%
ECN.CA Yearly ROA, ROE, ROICECN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300 400

1.3 Margins

  • ECN has a worse Profit Margin (1.81%) than 66.67% of its industry peers.
  • ECN has a Operating Margin of 34.57%. This is comparable to the rest of the industry: ECN outperforms 44.44% of its industry peers.
  • ECN's Operating Margin has improved in the last couple of years.
Industry RankSector 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
ECN.CA Yearly Profit, Operating, Gross MarginsECN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 400 600

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

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
  • ECN has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ECN has been reduced compared to a year ago.
ECN.CA Yearly Shares OutstandingECN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
ECN.CA Yearly Total Debt VS Total AssetsECN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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.
  • The Altman-Z score of ECN (0.14) is worse than 81.48% of its industry peers.
  • The Debt to FCF ratio of ECN is 8.94, which is on the high side as it means it would take ECN, 8.94 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 8.94, ECN belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
  • ECN has a Debt/Equity ratio of 2.80. This is a high value indicating a heavy dependency on external financing.
  • ECN has a Debt to Equity ratio of 2.80. This is in the lower half of the industry: ECN underperforms 70.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.8
Debt/FCF 8.94
Altman-Z 0.14
ROIC/WACC0.66
WACC6.84%
ECN.CA Yearly LT Debt VS Equity VS FCFECN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

  • ECN has a Current Ratio of 1.12. This is a normal value and indicates that ECN is financially healthy and should not expect problems in meeting its short term obligations.
  • ECN's Current ratio of 1.12 is fine compared to the rest of the industry. ECN outperforms 66.67% of its industry peers.
  • A Quick Ratio of 1.12 indicates that ECN should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.12, ECN is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.12
Quick Ratio 1.12
ECN.CA Yearly Current Assets VS Current LiabilitesECN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 650.00% over the past year.
  • 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

  • ECN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.19% yearly.
  • 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.
ECN.CA Yearly Revenue VS EstimatesECN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
ECN.CA Yearly EPS VS EstimatesECN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 0.2 0.3

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 15.15, which indicates a correct valuation of ECN.
  • Based on the Price/Earnings ratio, ECN is valued a bit cheaper than 66.67% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.03, ECN is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 9.08, the valuation of ECN can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, ECN is valued cheaper than 85.19% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.97, ECN is valued rather cheaply.
Industry RankSector Rank
PE 15.15
Fwd PE 9.08
ECN.CA Price Earnings VS Forward Price EarningsECN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ECN is valued cheaply inside the industry as 92.59% of the companies are valued more expensively.
  • 85.19% of the companies in the same industry are more expensive than ECN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 9.55
EV/EBITDA 11.36
ECN.CA Per share dataECN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

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 48.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y65.25%
EPS Next 3Y48.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • ECN has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
  • With a Dividend Yield of 1.32, ECN pays less dividend than the industry average, which is at 5.61. 85.19% of the companies listed in the same industry pay a better dividend than ECN!
  • ECN's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.32%

5.2 History

  • The dividend of ECN decreases each year by -5.51%.
  • ECN has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ECN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.51%
Div Incr Years0
Div Non Decr Years2
ECN.CA Yearly Dividends per shareECN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • 348.97% of the earnings are spent on dividend by ECN. This is not a sustainable payout ratio.
DP348.97%
EPS Next 2Y65.25%
EPS Next 3Y48.19%
ECN.CA Yearly Income VS Free CF VS DividendECN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B
ECN.CA Dividend Payout.ECN.CA Dividend Payout, showing the Payout Ratio.ECN.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ECN CAPITAL CORP

TSX:ECN (2/10/2026, 7:00:00 PM)

3.03

-0.01 (-0.33%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-13
Earnings (Next)03-04
Inst Owners30.81%
Inst Owner ChangeN/A
Ins Owners6.76%
Ins Owner ChangeN/A
Market Cap852.91M
Revenue(TTM)246.78M
Net Income(TTM)4.47M
Analysts73.33
Price Target4.13 (36.3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)4.12%
PT rev (3m)12.52%
EPS NQ rev (1m)2.57%
EPS NQ rev (3m)6.67%
EPS NY rev (1m)1.88%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.51%
Revenue NQ rev (3m)6.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.51%
Valuation
Industry RankSector Rank
PE 15.15
Fwd PE 9.08
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
EY6.6%
EPS(NY)0.33
Fwd EY11.01%
FCF(TTM)0.32
FCFY10.47%
OCF(TTM)0.32
OCFY10.58%
SpS1.19
BVpS1.01
TBVpS-0.25
PEG (NY)0.15
PEG (5Y)N/A
Graham Number2.14
Profitability
Industry RankSector 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 RankSector 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
WACC6.84%
ROIC/WACC0.66
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 15.15 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%.