Financials ECN Capital Corp.

Equities

ECN

CA26829L1076

Corporate Financial Services

Market Closed - Toronto S.E. 04:00:00 2024-05-10 pm EDT 5-day change 1st Jan Change
2 CAD +13.64% Intraday chart for ECN Capital Corp. +11.11% -33.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 1,152 1,583 1,306 682.2 839.8 562.2 -
Enterprise Value (EV) 1 1,152 1,583 1,306 682.2 839.8 562.2 562.2
P/E ratio -36 x -57.4 x 1.1 x 52.1 x -5.04 x 29.2 x 11.7 x
Yield 1.77% 1.55% 1.69% 1.44% 1.33% 2% 2.5%
Capitalization / Revenue 3.49 x 4.8 x 4.65 x 2.5 x 3.95 x 1.79 x 1.7 x
EV / Revenue 3.49 x 4.8 x 4.65 x 2.5 x 3.95 x 1.79 x 1.7 x
EV / EBITDA 6.86 x 9.54 x 10.5 x 5.21 x 8.02 x 3.37 x 3.15 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.18 x 1.85 x 6.83 x 3.92 x 2.96 x 4.04 x 3.07 x
Nbr of stocks (in thousands) 240,407 244,648 244,648 245,383 279,947 281,120 -
Reference price 2 4.790 6.470 5.340 2.780 3.000 2.000 2.000
Announcement Date 2/26/20 2/25/21 3/1/22 3/22/23 3/21/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 329.8 329.9 281 273.2 212.5 314.7 331.5
EBITDA 1 167.9 165.9 124.1 130.8 104.8 167 178.6
EBIT 1 129.7 128.8 84.65 97.62 -8.066 100.1 115.8
Operating Margin 39.32% 39.03% 30.13% 35.72% -3.8% 31.81% 34.94%
Earnings before Tax (EBT) 1 7.569 28.12 6.999 23.04 -137.6 53.37 73.9
Net income 1 -32.46 -28.7 1,212 14.49 -144.5 39.68 54.74
Net margin -9.84% -8.7% 431.37% 5.3% -67.99% 12.61% 16.52%
EPS 2 -0.1330 -0.1126 4.836 0.0534 -0.5954 0.0685 0.1710
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.0850 0.1000 0.0900 0.0400 0.0400 0.0400 0.0500
Announcement Date 2/26/20 2/25/21 3/1/22 3/22/23 3/21/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 88.18 77.93 104 78.06 72.03 64.58 51.07 62.99 34.63 67.88 73.9 84.84 87.58 73.9
EBITDA 1 36.55 35.81 49.56 42.29 33.73 31.58 32.92 33.17 7.463 - 39.68 47.9 49.26 32.84
EBIT 24.7 25.11 36.32 22.24 9.342 4.694 - 3.209 -19.4 - - - - -
Operating Margin 28.01% 32.22% 34.92% 28.49% 12.97% 7.27% - 5.1% -56.01% - - - - -
Earnings before Tax (EBT) 1 -12.01 10.51 18.41 16.32 -2.735 -23.25 -31.75 -22.96 -59.79 -7.869 23.26 23.26 8.211 8.211
Net income 1 1,159 5.599 10.35 8.492 -10.54 -28.21 -40.41 -8.205 -75.84 -9.814 10.95 19.16 19.16 6.842
Net margin 1,314.66% 7.18% 9.95% 10.88% -14.64% -43.68% -79.13% -13.03% -219.01% -14.46% 14.82% 22.58% 21.87% 9.26%
EPS 2 4.633 0.0260 0.0383 0.0404 -0.0401 -0.1215 - -0.0276 -0.2706 -0.0410 0.0140 0.0410 0.0680 -
Dividend per Share 2 - 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 - 0.0100 0.0100 0.0100 0.0100
Announcement Date 3/1/22 5/12/22 8/11/22 11/9/22 3/22/23 5/15/23 8/14/23 11/13/23 3/21/24 5/9/24 - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 6.64% 8.75% 8.78% 37.3% -5.4% 40.2% 50.6%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 4.070 3.500 0.7800 0.7100 1.010 0.4900 0.6500
Cash Flow per Share - -0.3900 - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/26/20 2/25/21 3/1/22 3/22/23 3/21/24 - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
2 CAD
Average target price
2.25 CAD
Spread / Average Target
+12.50%
Consensus
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  4. Financials ECN Capital Corp.
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