ECN Capital Corp.

TSX:ECN Stock Report

Market Cap: CA$862.1m

ECN Capital Valuation

Is ECN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ECN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ECN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ECN's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ECN?

Key metric: As ECN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ECN. This is calculated by dividing ECN's market cap by their current earnings.
What is ECN's PE Ratio?
PE Ratio137.9x
EarningsUS$4.47m
Market CapUS$616.99m

Price to Earnings Ratio vs Peers

How does ECN's PE Ratio compare to its peers?

The above table shows the PE ratio for ECN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.2x
MKP MCAN Mortgage
13.6x18.23%CA$885.0m
AFCC.H Automotive Finco
10.6xn/aCA$23.2m
SFI Solution Financial
109.6xn/aCA$23.8m
AI Atrium Mortgage Investment
11x-1.90%CA$545.5m
ECN ECN Capital
137.9x65.68%CA$862.1m

Price-To-Earnings vs Peers: ECN is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the peer average (36.2x).

Price to Earnings Ratio vs Industry

How does ECN's PE Ratio compare vs other companies in the North American Diversified Financial Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ECN 137.9xIndustry Avg. 13.8xNo. of Companies14PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ECN is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the North American Diversified Financial industry average (13.8x).

Price to Earnings Ratio vs Fair Ratio

What is ECN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ECN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio137.9x
Fair PE Ratio35.6x

Price-To-Earnings vs Fair Ratio: ECN is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the estimated Fair Price-To-Earnings Ratio (35.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ECN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$3.06
CA$3.61
+18.06%
22.24%CA$5.00CA$3.10n/a4
Nov ’26CA$2.79
CA$3.60
+29.03%
19.93%CA$5.00CA$3.00n/a5
Oct ’26CA$2.80
CA$3.60
+28.57%
19.93%CA$5.00CA$3.00n/a5
Sep ’26CA$2.92
CA$3.69
+26.28%
21.10%CA$5.00CA$3.00n/a4
Aug ’26CA$3.07
CA$3.81
+24.19%
18.76%CA$5.00CA$3.25n/a4
Jul ’26CA$2.75
CA$3.81
+38.64%
18.76%CA$5.00CA$3.25n/a4
Jun ’26CA$2.79
CA$3.75
+34.41%
17.38%CA$5.00CA$3.25n/a5
May ’26CA$2.84
CA$3.83
+34.86%
15.89%CA$5.00CA$3.25n/a5
Apr ’26CA$2.55
CA$3.83
+50.20%
15.89%CA$5.00CA$3.25n/a5
Mar ’26CA$3.00
CA$3.80
+26.67%
16.33%CA$5.00CA$3.25n/a5
Feb ’26CA$3.15
CA$3.80
+20.63%
16.33%CA$5.00CA$3.25n/a5
Jan ’26CA$3.16
CA$3.60
+13.92%
22.65%CA$5.00CA$2.50n/a5
Dec ’25CA$2.81
CA$3.25
+15.66%
12.87%CA$3.75CA$2.50n/a5
Nov ’25CA$2.23
CA$2.47
+10.76%
11.35%CA$3.00CA$2.25CA$2.795
Oct ’25CA$2.14
CA$2.47
+15.42%
11.35%CA$3.00CA$2.25CA$2.805
Sep ’25CA$2.16
CA$2.47
+14.35%
11.35%CA$3.00CA$2.25CA$2.925
Aug ’25CA$2.09
CA$2.25
+7.66%
15.71%CA$3.00CA$2.00CA$3.076
Jul ’25CA$1.67
CA$2.18
+30.45%
15.89%CA$3.00CA$2.00CA$2.757
Jun ’25CA$1.74
CA$2.18
+25.21%
15.89%CA$3.00CA$2.00CA$2.797
May ’25CA$1.77
CA$2.34
+32.36%
23.17%CA$3.50CA$1.90CA$2.847
Apr ’25CA$1.99
CA$2.34
+17.73%
23.17%CA$3.50CA$1.90CA$2.557
Mar ’25CA$2.73
CA$2.91
+6.49%
10.58%CA$3.50CA$2.50CA$3.007
Feb ’25CA$2.68
CA$2.91
+8.48%
10.58%CA$3.50CA$2.50CA$3.157
Jan ’25CA$3.00
CA$2.74
-8.57%
11.79%CA$3.50CA$2.50CA$3.167
Dec ’24CA$2.52
CA$2.74
+8.84%
11.79%CA$3.50CA$2.50CA$2.817
Nov ’24CA$1.91
CA$2.93
+53.33%
19.20%CA$4.00CA$2.25CA$2.237
CA$3.61
Fair Value
15.3% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/30 08:16
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ECN Capital Corp. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom MacKinnonBMO Capital Markets Equity Research
Jeffrey FenwickCormark Securities Inc.
null nullNational Bank Financial