| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
ECP Overview
ECP Emerging Growth Limited operates as an investment company in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.63 |
| 52 Week High | AU$1.32 |
| 52 Week Low | AU$1.68 |
| Beta | 0.80 |
| 1 Month Change | -0.92% |
| 3 Month Change | 8.33% |
| 1 Year Change | 22.18% |
| 3 Year Change | 78.57% |
| 5 Year Change | 74.73% |
| Change since IPO | 54.76% |
Recent News & Updates
Need To Know: ECP Emerging Growth Limited (ASX:ECP) Insiders Have Been Buying Shares
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Shareholder Returns
| ECP | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | 0% | 2.8% | 0.7% |
| 1Y | 22.2% | 26.3% | 21.4% |
Return vs Industry: ECP underperformed the Australian Capital Markets industry which returned 26.3% over the past year.
Return vs Market: ECP matched the Australian Market which returned 21.4% over the past year.
Price Volatility
| ECP volatility | |
|---|---|
| ECP Beta | 0.80 |
| Industry Beta | 0.99 |
| Market Beta | 1 |
Stable Share Price: ECP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ECP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | n/a | https://www.ecpam.com/emerging |
ECP Emerging Growth Limited operates as an investment company in Australia. It invests in Australian small and mid-cap growth companies. The company was formerly known as Barrack St Investments Limited and changed its name to ECP Emerging Growth Limited in November 2019.
ECP Emerging Growth Fundamentals Summary
| ECP fundamental statistics | |
|---|---|
| Market Cap | AU$29.77m |
| Earnings (TTM) | AU$7.10m |
| Revenue (TTM) | AU$344.23k |
4.2x
P/E Ratio86.5x
P/S RatioIs ECP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ECP income statement (TTM) | |
|---|---|
| Revenue | AU$344.23k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$344.23k |
| Expenses | -AU$6.75m |
| Earnings | AU$7.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.39 |
| Gross Margin | 100.00% |
| Net Profit Margin | 2,061.62% |
| Debt/Equity Ratio | 0.0% |
How did ECP perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield12%
Payout RatioValuation
Is ECP Emerging Growth undervalued compared to its fair value and its price relative to the market?
47.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ECP (A$1.63) is trading below our estimate of fair value (A$3.11)
Significantly Below Fair Value: ECP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ECP is good value based on its PE Ratio (4.2x) compared to the Australian Capital Markets industry average (17.5x).
PE vs Market: ECP is good value based on its PE Ratio (4.2x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ECP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ECP is good value based on its PB Ratio (1x) compared to the AU Capital Markets industry average (1.4x).
Future Growth
How is ECP Emerging Growth forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.1%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ECP Emerging Growth has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has ECP Emerging Growth performed over the past 5 years?
43.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECP has a high level of non-cash earnings.
Growing Profit Margin: ECP's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: ECP's earnings have grown significantly by 43.3% per year over the past 5 years.
Accelerating Growth: ECP's earnings growth over the past year (184.9%) exceeds its 5-year average (43.3% per year).
Earnings vs Industry: ECP earnings growth over the past year (184.9%) exceeded the Capital Markets industry 12.8%.
Return on Equity
High ROE: ECP's Return on Equity (23.3%) is considered high.
Financial Health
How is ECP Emerging Growth's financial position?
Financial Position Analysis
Short Term Liabilities: ECP's short term assets (A$4.8M) exceed its short term liabilities (A$4.3M).
Long Term Liabilities: ECP's short term assets (A$4.8M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: ECP is debt free.
Reducing Debt: ECP has not had any debt for past 5 years.
Debt Coverage: ECP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ECP has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ECP Emerging Growth current dividend yield, its reliability and sustainability?
2.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ECP's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: ECP's dividend (2.92%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: ECP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ECP's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.3%), ECP's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average board tenure
CEO
ECP Emerging Growth has no CEO, or we have no data on them.
Board Members
Experienced Board: ECP's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ECP Emerging Growth Limited's employee growth, exchange listings and data sources
Key Information
- Name: ECP Emerging Growth Limited
- Ticker: ECP
- Exchange: ASX
- Founded: 2014
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$29.767m
- Shares outstanding: 18.32m
- Website: https://www.ecpam.com/emerging
Location
- ECP Emerging Growth Limited
- 343 George Street
- Suite 305
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 15:49 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.