ECN CAPITAL CORP (ECN.CA) Fundamental Analysis & Valuation
TSX:ECN • CA26829L1076
Current stock price
3.08 CAD
+0.01 (+0.33%)
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
- ECN had positive earnings in the past year.
- ECN had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: ECN reported negative net income in multiple years.
- In multiple years ECN reported negative operating cash flow during the last 5 years.
1.2 Ratios
- ECN has a Return On Assets (1.32%) which is comparable to the rest of the industry.
- Looking at the Return On Equity, with a value of 6.03%, ECN is in line with its industry, outperforming 60.00% of the companies in the same industry.
- The Return On Invested Capital of ECN (6.04%) is better than 83.33% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ECN is below the industry average of 7.43%.
- The 3 year average ROIC (3.72%) for ECN is below the current ROIC(6.04%), indicating increased profibility in the last year.
| 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 has a Profit Margin of 4.71%. This is comparable to the rest of the industry: ECN outperforms 46.67% of its industry peers.
- In the last couple of years the Profit Margin of ECN has declined.
- Looking at the Operating Margin, with a value of 40.75%, ECN is in line with its industry, outperforming 56.67% of the companies in the same industry.
- ECN's Operating Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ECN is destroying value.
- The number of shares outstanding for ECN has been increased compared to 1 year ago.
- Compared to 5 years ago, ECN has more shares outstanding
- The debt/assets ratio for ECN has been reduced compared to a year ago.
2.2 Solvency
- ECN has an Altman-Z score of 0.26. 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 0.26. This is in the lower half of the industry: ECN underperforms 76.67% of its industry peers.
- 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.
- ECN has a Debt to FCF ratio of 53.22. This is comparable to the rest of the industry: ECN outperforms 46.67% of its industry peers.
- A Debt/Equity ratio of 2.84 is on the high side and indicates that ECN has dependencies on debt financing.
- ECN has a worse Debt to Equity ratio (2.84) than 76.67% 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.
- ECN has a better Current ratio (1.09) than 70.00% of its industry peers.
- 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.
- Looking at the Quick ratio, with a value of 1.09, ECN is in the better half of the industry, outperforming 73.33% 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.
- ECN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.43%.
- 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.
- Based on estimates for the next years, ECN will show a quite strong growth in Revenue. The Revenue will grow by 10.51% on average per year.
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
- With a Price/Earnings ratio of 12.32, ECN is valued correctly.
- 73.33% of the companies in the same industry are more expensive than ECN, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 26.21. ECN is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 9.14 indicates a reasonable valuation of ECN.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ECN indicates a rather cheap valuation: ECN is cheaper than 90.00% of the companies listed in the same industry.
- ECN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 9.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ECN is valued cheaper than 93.33% of the companies in the same industry.
- ECN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.71 | ||
| EV/EBITDA | 9.23 |
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.
- 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 1.31%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 5.46, ECN's dividend is way lower than its industry peers. On top of this 80.00% 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 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
- The dividend of ECN decreases each year by -15.65%.
- ECN has been paying a dividend for at least 10 years, so it has 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 (4/6/2026, 7:00:00 PM)
3.08
+0.01 (+0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-06 2026-05-06
Inst Owners23.33%
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 | 1.31% |
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 | 9.14 | ||
| P/S | 2.28 | ||
| P/FCF | 54.71 | ||
| P/OCF | 52.47 | ||
| P/B | 2.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.23 |
EPS(TTM)0.25
EY8.12%
EPS(NY)0.34
Fwd EY10.95%
FCF(TTM)0.06
FCFY1.83%
OCF(TTM)0.06
OCFY1.91%
SpS1.35
BVpS1.06
TBVpS-0.27
PEG (NY)0.36
PEG (5Y)N/A
Graham Number2.44
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%.