Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments.
Share Price & News
How has Great Elm Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GECC has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GECC underperformed the US Capital Markets industry which returned 4.9% over the past year.
Return vs Market: GECC underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Great Elm Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Great Elm Capital undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GECC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GECC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GECC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: GECC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GECC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GECC is good value based on its PB Ratio (0.8x) compared to the US Capital Markets industry average (6.2x).
How is Great Elm Capital forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GECC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: GECC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GECC's is expected to become profitable in the next 3 years.
Revenue vs Market: GECC's revenue (2.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: GECC's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GECC's Return on Equity is forecast to be high in 3 years time
How has Great Elm Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GECC is currently unprofitable.
Growing Profit Margin: GECC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GECC is unprofitable, but has reduced losses over the past 5 years at a rate of 10.4% per year.
Accelerating Growth: Unable to compare GECC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GECC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.5%).
Return on Equity
High ROE: GECC has a negative Return on Equity (-20.14%), as it is currently unprofitable.
How is Great Elm Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: GECC has a low level of unsold assets or inventory.
Debt Coverage by Assets: GECC's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GECC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GECC has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.1% each year.
Financial Institutions Analysis
Asset Level: GECC's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GECC has a sufficient allowance for bad loans.
Low Risk Liabilities: GECC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GECC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GECC has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GECC has an appropriate level of bad loans.
What is Great Elm Capital's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GECC's dividend (13.44%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: GECC's dividend (13.44%) is in the top 25% of dividend payers in the US market (4.09%)
Stability and Growth of Payments
Stable Dividend: GECC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GECC has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: GECC is paying a dividend but the company is unprofitable.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Reed (39yo)
Mr. Peter Andrew Reed has been Chief Executive Officer of Great Elm Capital Group, Inc. since September 2017. Mr. Reed serves as the Chairman, Chief Executive Officer and President of Great Elm Capital Cor ...
|Chairman||0yrs||no data||0.85% $631.4k|
|Lead Independent Director||3.1yrs||US$65.00k||0.20% $147.8k|
|Director||3.3yrs||no data||0.16% $122.6k|
Experienced Board: GECC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Great Elm Capital Corporation's company bio, employee growth, exchange listings and data sources
- Name: Great Elm Capital Corporation
- Ticker: GECC
- Exchange: NasdaqGM
- Founded: 2016
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$74.564m
- Shares outstanding: 10.06m
- Website: https://www.greatelmcc.com
- Great Elm Capital Corporation
- 200 Clarendon Street
- 51st Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GECC||NasdaqGM (Nasdaq Global Market)||Yes||New Common Stock||US||USD||Nov 2016|
Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 02:04|
|End of Day Share Price||2020/02/27 00:00|
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.