TSX:EFH

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Echelon Financial Holdings

Executive Summary

Echelon Financial Holdings Inc., through its subsidiaries, provides property and casualty insurance products and services in Canada.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Echelon Financial Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EFH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

EFH

6.1%

CA Insurance

2.5%

CA Market


1 Year Return

-58.2%

EFH

-18.6%

CA Insurance

-11.7%

CA Market

Return vs Industry: EFH underperformed the Canadian Insurance industry which returned -18.3% over the past year.

Return vs Market: EFH underperformed the Canadian Market which returned -11.5% over the past year.


Shareholder returns

EFHIndustryMarket
7 Day0.3%6.1%2.5%
30 Day-0.2%-0.3%2.6%
90 Day-5.7%-22.9%-8.7%
1 Year12.6%-58.2%-14.9%-18.6%-8.6%-11.7%
3 Year18.1%-56.1%-6.5%-17.0%-1.4%-10.5%
5 Year6.1%-61.6%-1.1%-18.2%14.2%-2.1%

Price Volatility Vs. Market

How volatile is Echelon Financial Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Echelon Financial Holdings undervalued compared to its fair value and its price relative to the market?

564.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EFH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EFH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EFH is poor value based on its PE Ratio (564.8x) compared to the Insurance industry average (10.4x).

PE vs Market: EFH is poor value based on its PE Ratio (564.8x) compared to the Canadian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EFH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EFH is good value based on its PB Ratio (0.8x) compared to the CA Insurance industry average (0.8x).


Next Steps

Future Growth

How is Echelon Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.5%

Forecasted Insurance 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 Echelon Financial Holdings 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.


Next Steps

Past Performance

How has Echelon Financial Holdings performed over the past 5 years?

-52.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EFH has a high level of non-cash earnings.

Growing Profit Margin: EFH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EFH's earnings have declined by -52% per year over the past 5 years.

Accelerating Growth: EFH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EFH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (-5.8%).


Return on Equity

High ROE: EFH's Return on Equity (-0.07%) is considered low.


Next Steps

Financial Health

How is Echelon Financial Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EFH's short term assets (CA$106.0M) exceed its short term liabilities (CA$47.1M).

Long Term Liabilities: EFH's short term assets (CA$106.0M) exceed its long term liabilities (CA$636.0K).


Debt to Equity History and Analysis

Debt Level: EFH is debt free.

Reducing Debt: EFH has not had any debt for past 5 years.

Debt Coverage: EFH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EFH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Echelon Financial Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EFH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EFH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EFH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EFH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EFH is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EFH's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Serge Lavoie

4yrs

Tenure

CA$984,451

Compensation

Mr. Serge Lavoie has been Chief Executive Officer and President of Echelon Financial Holdings Inc., since May 5, 2016. He served as the Quebec President at GDI Integrated Facility Services at EGI Financial ...


CEO Compensation Analysis

Compensation vs Market: Serge's total compensation ($USD713.09K) is above average for companies of similar size in the Canadian market ($USD158.99K).

Compensation vs Earnings: Serge's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Serge Lavoie
President4yrsCA$984.45k0.21% CA$146.1k
Kenneth Coulson
VP, Secretary & General Counselno dataCA$451.34k0.20% CA$137.6k
Eric Millaire-Morin
VP & Chief Actuary2.58yrsCA$351.88kno data
Teddy Chien
CFO & Secretaryno datano datano data
Kathy Shulman
Manager of Investor Relationsno datano datano data
Ingrid Wilson
Vice President of Human Resourcesno dataCA$273.93k0.056% CA$38.7k
Matthew Turack
Group President of Insurance0.83yrno datano data

2.6yrs

Average Tenure

Experienced Management: EFH's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Serge Lavoie
President4yrsCA$984.45k0.21% CA$146.1k
James Falle
Independent Director3yrsCA$110.00k0.042% CA$28.7k
James Reeve
Independent Director4.42yrsCA$90.00k0.67% CA$460.0k
Andrew Pastor
Independent Director4yrsCA$100.00kno data
Murray Wallace
Independent Chairman of the Board3yrsCA$120.00k0.29% CA$201.3k
J. Lee Matheson
Independent Director2.33yrsCA$90.00kno data

3.5yrs

Average Tenure

Experienced Board: EFH's board of directors are considered experienced (3.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Echelon Financial Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Echelon Financial Holdings Inc.
  • Ticker: EFH
  • Exchange: TSX
  • Founded: 1997
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: CA$68.875m
  • Shares outstanding: 11.98m
  • Website: https://www.efh.ca

Number of Employees


Location

  • Echelon Financial Holdings Inc.
  • 2800 Skymark Avenue
  • Suite 200
  • Mississauga
  • Ontario
  • L4W 5A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFHTSX (The Toronto Stock Exchange)YesCommon SharesCACADDec 2005
EGFH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2005

Biography

Echelon Financial Holdings Inc., through its subsidiaries, provides property and casualty insurance products and services in Canada. It operates in two segments, Personal Lines and Commercial Lines. The Personal Lines segment primarily underwrites automobile and personal property insurance. The Commercial Lines segment designs and underwrites commercial property and automobile insurance. The company also underwrites liability insurance. It distributes its insurance products through a network of 17 brokers in 68 offices. The company was formerly known as EGI Financial Holdings Inc. and changed its name to Echelon Financial Holdings Inc. in May 2015. Echelon Financial Holdings Inc. was incorporated in 1997 and is headquartered in Mississauga, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 05:03
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.