ECN CAPITAL CORP (ECN.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:ECN • CA26829L1076

3.03 CAD
-0.01 (-0.33%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

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 is valued quite cheap, while showing a decent growth score. This is a good 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.
  • 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.
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

  • 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.
  • With a Return On Equity value of 2.13%, ECN is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
  • ECN's Return On Invested Capital of 4.52% is in line compared to the rest of the industry. ECN outperforms 53.57% of its industry peers.
  • 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 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 67.86% of its industry peers.
  • ECN has a Operating Margin (34.57%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of ECN has grown nicely.
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

4

2. Health

2.1 Basic Checks

  • ECN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for ECN has been increased compared to 1 year ago.
  • ECN has more shares outstanding than it did 5 years ago.
  • ECN has a better debt/assets ratio than last year.
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 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's Debt to FCF ratio of 8.94 is amongst the best of the industry. ECN outperforms 82.14% of its industry peers.
  • A Debt/Equity ratio of 2.80 is on the high side and indicates that ECN has dependencies on debt financing.
  • ECN's Debt to Equity ratio of 2.80 is on the low side compared to the rest of the industry. ECN is outperformed by 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.8
Debt/FCF 8.94
Altman-Z 0.14
ROIC/WACC0.68
WACC6.6%
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

  • 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.
  • ECN has a Quick 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 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 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

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 650.00% 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 -20.31% yearly.
  • The Revenue has grown by 23.61% in the past year. This is a very strong growth!
  • ECN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.56% yearly.
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

  • Based on estimates for the next years, ECN will show a very strong growth in Earnings Per Share. The EPS will grow by 48.19% on average per year.
  • ECN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.01% yearly.
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

  • 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.
  • 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

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 14.43, which indicates a correct valuation of ECN.
  • ECN's Price/Earnings ratio is a bit cheaper when compared to the industry. ECN is cheaper than 67.86% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.92. ECN is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 9.01 indicates a reasonable valuation of ECN.
  • 85.71% of the companies in the same industry are more expensive than ECN, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, ECN is valued rather cheaply.
Industry RankSector Rank
PE 14.43
Fwd PE 9.01
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

  • ECN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ECN is cheaper than 92.86% of the companies in the same industry.
  • 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 RankSector Rank
P/FCF 9.47
EV/EBITDA 11.33
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)0.14
PEG (5Y)N/A
EPS Next 2Y65.25%
EPS Next 3Y48.19%

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.
  • 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!
  • ECN's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
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

  • 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%
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

ECN CAPITAL CORP

TSX:ECN (2/6/2026, 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)02-25
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 Target3.94 (30.03%)
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)-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 RankSector Rank
PE 14.43
Fwd PE 9.01
P/S 2.53
P/FCF 9.47
P/OCF 9.37
P/B 2.96
P/tB N/A
EV/EBITDA 11.33
EPS(TTM)0.21
EY6.93%
EPS(NY)0.34
Fwd EY11.1%
FCF(TTM)0.32
FCFY10.56%
OCF(TTM)0.32
OCFY10.67%
SpS1.2
BVpS1.02
TBVpS-0.26
PEG (NY)0.14
PEG (5Y)N/A
Graham Number2.2
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
WACC6.6%
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 14.43 and the Price/Book (PB) ratio is 2.96.


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%.