EMERGE COMMERCE LTD (ECOM.CA) Fundamental Analysis & Valuation

TSX-V:ECOM • CA29104G1081

0.1 CAD
-0.01 (-9.09%)
Last: Mar 9, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This ECOM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, ECOM scores 3 out of 10 in our fundamental rating. ECOM was compared to 12 industry peers in the IT Services industry. ECOM has a medium profitability rating, but doesn't score so well on its financial health evaluation. ECOM is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. ECOM.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ECOM has reported negative net income.
  • In the past year ECOM had a positive cash flow from operations.
  • ECOM had negative earnings in each of the past 5 years.
  • In multiple years ECOM reported negative operating cash flow during the last 5 years.
ECOM.CA Yearly Net Income VS EBIT VS OCF VS FCFECOM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 -5M -10M -15M -20M

1.2 Ratios

  • ECOM's Return On Assets of 8.24% is amongst the best of the industry. ECOM outperforms 83.33% of its industry peers.
  • The Return On Invested Capital of ECOM (16.04%) is better than 100.00% of its industry peers.
Industry RankSector Rank
ROA 8.24%
ROE N/A
ROIC 16.04%
ROA(3y)-42.68%
ROA(5y)-29.28%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ECOM.CA Yearly ROA, ROE, ROICECOM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 100 -100 200

1.3 Margins

  • ECOM's Profit Margin of 3.51% is fine compared to the rest of the industry. ECOM outperforms 75.00% of its industry peers.
  • ECOM has a better Operating Margin (1.69%) than 66.67% of its industry peers.
  • ECOM has a better Gross Margin (36.72%) than 66.67% of its industry peers.
  • ECOM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 1.69%
PM (TTM) 3.51%
GM 36.72%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y-12.96%
ECOM.CA Yearly Profit, Operating, Gross MarginsECOM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 50 -50 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. ECOM.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ECOM is creating value.
  • Compared to 1 year ago, ECOM has more shares outstanding
  • ECOM has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ECOM is higher compared to a year ago.
ECOM.CA Yearly Shares OutstandingECOM.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ECOM.CA Yearly Total Debt VS Total AssetsECOM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • ECOM has an Altman-Z score of -4.22. This is a bad value and indicates that ECOM is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of ECOM (-4.22) is comparable to the rest of the industry.
  • ECOM has a debt to FCF ratio of 2.21. This is a good value and a sign of high solvency as ECOM would need 2.21 years to pay back of all of its debts.
  • ECOM's Debt to FCF ratio of 2.21 is fine compared to the rest of the industry. ECOM outperforms 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 2.21
Altman-Z -4.22
ROIC/WACC1.82
WACC8.79%
ECOM.CA Yearly LT Debt VS Equity VS FCFECOM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 10M 20M

2.3 Liquidity

  • ECOM has a Current Ratio of 0.86. This is a bad value and indicates that ECOM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ECOM's Current ratio of 0.86 is in line compared to the rest of the industry. ECOM outperforms 41.67% of its industry peers.
  • A Quick Ratio of 0.57 indicates that ECOM may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.57, ECOM is doing worse than 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.86
Quick Ratio 0.57
ECOM.CA Yearly Current Assets VS Current LiabilitesECOM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

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

4

3. ECOM.CA Growth Analysis

3.1 Past

  • ECOM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 101.94%, which is quite impressive.
  • Looking at the last year, ECOM shows a very strong growth in Revenue. The Revenue has grown by 24.43%.
  • ECOM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.47% yearly.
EPS 1Y (TTM)101.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.75%
Revenue 1Y (TTM)24.43%
Revenue growth 3Y-16.3%
Revenue growth 5Y37.47%
Sales Q2Q%52.55%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ECOM.CA Yearly Revenue VS EstimatesECOM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
ECOM.CA Yearly EPS VS EstimatesECOM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 -0.05 -0.1 -0.15

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Find the best growth stocksShow best growing peers

2

4. ECOM.CA Valuation Analysis

4.1 Price/Earnings Ratio

Industry RankSector Rank
PE N/A
Fwd PE N/A
ECOM.CA Price Earnings VS Forward Price EarningsECOM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ECOM is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, ECOM is valued cheaper than 91.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.27
EV/EBITDA 26.54
ECOM.CA Per share dataECOM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 -0.05 0.1 0.15

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

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

0

5. ECOM.CA Dividend Analysis

5.1 Amount

  • No dividends for ECOM!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ECOM.CA Fundamentals: All Metrics, Ratios and Statistics

EMERGE COMMERCE LTD

TSX-V:ECOM (3/9/2026, 7:00:00 PM)

0.1

-0.01 (-9.09%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)04-28
Earnings (Next)N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners15%
Ins Owner ChangeN/A
Market Cap14.95M
Revenue(TTM)26.15M
Net Income(TTM)917.30K
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.57
P/FCF 4.27
P/OCF 4.27
P/B N/A
P/tB N/A
EV/EBITDA 26.54
EPS(TTM)0
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.02
FCFY23.41%
OCF(TTM)0.02
OCFY23.42%
SpS0.17
BVpS-0.05
TBVpS-0.07
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 8.24%
ROE N/A
ROCE 24.77%
ROIC 16.04%
ROICexc N/A
ROICexgc N/A
OM 1.69%
PM (TTM) 3.51%
GM 36.72%
FCFM 13.38%
ROA(3y)-42.68%
ROA(5y)-29.28%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y-12.96%
F-Score5
Asset Turnover2.35
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 2.21
Debt/EBITDA 10.57
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 0.48
Cash Conversion 506.01%
Profit Quality 381.42%
Current Ratio 0.86
Quick Ratio 0.57
Altman-Z -4.22
F-Score5
WACC8.79%
ROIC/WACC1.82
Cap/Depr(3y)0.54%
Cap/Depr(5y)1.38%
Cap/Sales(3y)0.08%
Cap/Sales(5y)0.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)101.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.75%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.43%
Revenue growth 3Y-16.3%
Revenue growth 5Y37.47%
Sales Q2Q%52.55%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y147.13%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-12.54%
FCF growth 3YN/A
FCF growth 5Y-48.26%
OCF growth 1Y-12.96%
OCF growth 3YN/A
OCF growth 5Y-48.9%

EMERGE COMMERCE LTD / ECOM.CA FAQ

What is the fundamental rating for ECOM stock?

ChartMill assigns a fundamental rating of 3 / 10 to ECOM.CA.


What is the valuation status of EMERGE COMMERCE LTD (ECOM.CA) stock?

ChartMill assigns a valuation rating of 2 / 10 to EMERGE COMMERCE LTD (ECOM.CA). This can be considered as Overvalued.


What is the profitability of ECOM stock?

EMERGE COMMERCE LTD (ECOM.CA) has a profitability rating of 4 / 10.