ECO : EcoSynthetix Inc Stock Profile

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

EcoSynthetix Inc trades with the ticker ECO on the TSX and is in the Specialty Chemicals industry.

Overview
EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products worldwide. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere biolatex, a bio-based latex binder used in paper and paperboard coatings; EcoStix, a family of sugar-acrylic and pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers that enable manufacturers of particle board, MDF, veneers, and laminates to decrease the amount of highly regulated chemicals, such as formaldehyde in their formulation. It also provides Surflock biopolymers, which are used in paperboard, tissue, and paper applications; and Bioform biopolymers for use in hair gel formulations, serving to hold, style, and protect. The company was founded in 1996 and is headquartered in Burlington, Canada.
 

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

ECO.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $280.148MM

PE Ratio:

Price: 28.95 (Updated: 3/12/2024 0:47:16)



EcoSynthetix Inc (ECO) vs Competitors in Specialty Chemicals

Lets see how ECO.TO stacks up against others in the Specialty Chemicals asset management industry. We have identified its main peers as:

Allbanc Split Corp. II, AirBoss of America Corp, Neo Performance Materials Inc, 5N Plus Inc

.

Specialty Chemicals Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Allbanc Split Corp. II (ALB) $28.105 N/A 0.0 2.3%
AirBoss of America Corp (BOS) $141.079 N/A -24.944 5.4%
EcoSynthetix Inc (ECO) $280.148 N/A -72.916 N/A%
Neo Performance Materials Inc (NEO) $294.853 N/A 8.586 5.8%
5N Plus Inc (VNP) $406.268 19.913 12.447 N/A%

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 Specialty Chemicals

  • EcoSynthetix Inc (ECO) vs Allbanc Split Corp. II (ALB)
    • ECO has higher EPS (-0.07 vs -3.077). ALB provides dividends, while ECO does not. ALB and ECO both have P/E’s under 0.
  • EcoSynthetix Inc (ECO) vs AirBoss of America Corp (BOS)
    • ECO has higher EPS (-0.07 vs -2.07). BOS provides dividends, while ECO does not. BOS and ECO both have P/E’s under 0.
  • EcoSynthetix Inc (ECO) vs Neo Performance Materials Inc (NEO)
    • ECO has higher EPS (-0.07 vs -0.47). NEO provides dividends, while ECO does not. NEO and ECO both have P/E’s under 0.
  • EcoSynthetix Inc (ECO) vs 5N Plus Inc (VNP)
    • VNP has higher EPS (0.23 vs -0.07). ECO has a P/E under 0, indicating VNP (P/E 19.913) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-72.92) than the industry average (-15.37), indicating attractive valuation.
 

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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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