How does ECNN.F's PS Ratio compare to its peers?

ECNN.F is expensive based on its Price-To-Sales Ratio (5.2x) compared to the peer average (4.8x).

How does ECNN.F's PS Ratio compare vs other companies in the US Diversified Financial Industry?

ECNN.F is expensive based on its Price-To-Sales Ratio (5.2x) compared to the US Diversified Financial industry average (2.5x).

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

Insufficient data to calculate ECNN.F's Price-To-Sales Fair Ratio for valuation analysis.

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

Insufficient data to calculate ECNN.F's fair value for valuation analysis.

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

Insufficient data to show price forecast.

ECNN.F Stock Overview

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. More details

ECNN.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	6/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings are forecast to grow 116.96% per year

Risk Analysis

Shares are highly illiquid

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

ECN Capital Corp. Competitors

Acacia Research

NasdaqGS:ACTG

US$439.1m

California First Leasing

OTCPK:CFNB

US$209.5m

Banco Latinoamericano de Comercio Exterior S. A

NYSE:BLX

US$1.3b

SWK Holdings

NasdaqGM:SWKH

US$196.1m

Price History & Performance

Summary of share price highs, lows and changes for ECN Capital
Historical stock prices
Current Share Price	CA$9.47
52 Week High	CA$18.60
52 Week Low	CA$9.47
Beta	1.3
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-48.83%

Recent updates

Shareholder Returns

	ECNN.F	US Diversified Financial	US Market
7D	0%	0.1%	-0.4%
1Y	n/a	26.4%	24.8%

Return vs Industry: Insufficient data to determine how ECNN.F performed against the US Diversified Financial industry.

Return vs Market: Insufficient data to determine how ECNN.F performed against the US Market.

Price Volatility

Is ECNN.F's price volatile compared to industry and market?
ECNN.F volatility
ECNN.F Average Weekly Movement	n/a
Diversified Financial Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: Insufficient data to determine ECNN.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	520	Steve Hudson	www.ecncapitalcorp.com

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates through two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company provides consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.

ECN Capital Corp. Fundamentals Summary

How do ECN Capital's earnings and revenue compare to its market cap?
ECNN.F fundamental statistics
Market cap	US$561.98m
Earnings (TTM)	-US$63.80m
Revenue (TTM)	US$110.74m

5.2x

P/S Ratio

-9.0x

P/E Ratio

Is ECNN.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECNN.F income statement (TTM)
Revenue	US$110.74m
Cost of Revenue	US$0
Gross Profit	US$110.74m
Other Expenses	US$174.54m
Earnings	-US$63.80m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.23
Gross Margin	100.00%
Net Profit Margin	-57.62%
Debt/Equity Ratio	313.2%

How did ECNN.F perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

-12%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/12 13:15
End of Day Share Price	2023/11/16 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

ECN Capital Corp. is covered by 12 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.

Analyst	Institution
Tom MacKinnon	BMO Capital Markets Equity Research
Nikolaus Priebe	CIBC Capital Markets
Jeffrey Fenwick	Cormark Securities Inc.