company background image
ECP

ECP Emerging GrowthASX:ECP Stock Report

Market Cap

AU$29.8m

7D

0%

1Y

22.2%

Updated

22 Oct, 2021

Data

Company Financials
ECP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

ECP Overview

ECP Emerging Growth Limited operates as an investment company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for ECP Emerging Growth
Historical stock prices
Current Share PriceAU$1.63
52 Week HighAU$1.32
52 Week LowAU$1.68
Beta0.80
1 Month Change-0.92%
3 Month Change8.33%
1 Year Change22.18%
3 Year Change78.57%
5 Year Change74.73%
Change since IPO54.76%

Recent News & Updates

Mar 07
Need To Know: ECP Emerging Growth Limited (ASX:ECP) Insiders Have Been Buying Shares

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

ECPAU Capital MarketsAU Market
7D0%2.8%0.7%
1Y22.2%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

Is ECP's price volatile compared to industry and market?
ECP volatility
ECP Beta0.80
Industry Beta0.99
Market Beta1

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

FoundedEmployeesCEOWebsite
2014n/an/ahttps://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

How do ECP Emerging Growth's earnings and revenue compare to its market cap?
ECP fundamental statistics
Market CapAU$29.77m
Earnings (TTM)AU$7.10m
Revenue (TTM)AU$344.23k

4.2x

P/E Ratio

86.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ECP income statement (TTM)
RevenueAU$344.23k
Cost of RevenueAU$0
Gross ProfitAU$344.23k
Expenses-AU$6.75m
EarningsAU$7.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin100.00%
Net Profit Margin2,061.62%
Debt/Equity Ratio0.0%

How did ECP perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

12%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:49
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.