ECN : ECN Capital Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

ECN Capital Corp trades with the ticker ECN on the TSX and is in the Mortgage Finance industry.

Overview
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. It serves banks, credit unions, life insurance companies, and pension and investment funds. The company was incorporated in 2016 and is headquartered in Toronto, Canada.
 

Looking to invest in ECN Capital Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ECN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $702.668MM

PE Ratio:

Price: 2.5 (Updated: 3/12/2024 0:47:16)



ECN Capital Corp (ECN) vs Competitors in Mortgage Finance

Lets see how ECN.TO stacks up against others in the Mortgage Finance asset management industry. We have identified its main peers as:

First National Financial Corporation, Home Capital Group Inc, MCAN Mortgage Corporation, Timbercreek Financial Corp

.

Mortgage Finance Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
ECN Capital Corp (ECN) $702.668 N/A -138.239 1.6%
First National Financial Corporation (FN) $2,202.003 8.848 0.0 6.6%
Home Capital Group Inc (HCG) $1,691.219 9.88 0.0 1.4%
MCAN Mortgage Corporation (MKP) $597.539 7.54 3.471 9.4%
Timbercreek Financial Corp (TF) $625.892 9.667 13.573 9.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Mortgage Finance

  • ECN Capital Corp (ECN) vs First National Financial Corporation (FN)
    • FN has higher EPS (4.15 vs -0.34). FN has higher dividend yield (6.6% vs 1.6%). ECN has a P/E under 0, indicating FN (P/E 8.848) is in a better position.
  • ECN Capital Corp (ECN) vs Home Capital Group Inc (HCG)
    • HCG has higher EPS (4.48 vs -0.34). ECN has higher dividend yield (1.6% vs 1.4%). ECN has a P/E under 0, indicating HCG (P/E 9.88) is in a better position.
  • ECN Capital Corp (ECN) vs MCAN Mortgage Corporation (MKP)
    • MKP has higher EPS (2.22 vs -0.34). MKP has higher dividend yield (9.4% vs 1.6%). ECN has a P/E under 0, indicating MKP (P/E 7.54) is in a better position.
  • ECN Capital Corp (ECN) vs Timbercreek Financial Corp (TF)
    • TF has higher EPS (0.78 vs -0.34). TF has higher dividend yield (9.2% vs 1.6%). ECN has a P/E under 0, indicating TF (P/E 9.667) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-138.24) than the industry average (-30.30), indicating attractive valuation.
 

How to Buy ECN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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