ECNCF (ECN Capital) E10: $0.37 (As of Dec. 2025)


ECNCF ECN Capital Corp ECNCF
48 GF Score
Price $2.26
GF Value $2.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is ECN Capital E10?

ECN Capital ECNCF +0.40% 48 E10 is $0.37 as of Dec. 2025. GuruFocus rates ECNCF with a GF Score™ of 48/100 and a GF Value™ of $2.43 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

ECN Capital's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.37 for the trailing ten years ended in Dec. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-26), ECN Capital's current stock price is $2.26. ECN Capital's E10 for the quarter that ended in Dec. 2025 was $0.37. ECN Capital's Shiller PE Ratio of today is 6.11.

During the past 13 years, the highest Shiller PE Ratio of ECN Capital was 6.20. The lowest was 4.81. And the median was 5.92.


ECN Capital  (OTCPK:ECNCF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

ECN Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.26/0.37
=6.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of ECN Capital was 6.20. The lowest was 4.81. And the median was 5.92.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


ECN Capital E10 Related Terms


ECN Capital E10 Historical Data

* Premium members only.

The historical data trend for ECN Capital's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ECN Capital E10 Chart

ECN Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.37

ECN Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.37 0.37 0.38 0.37

ECNCF vs RKT, FNMA, PFSI: E10 Comparison

For the Mortgage Finance subindustry, ECN Capital's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ECN Capital Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ECN Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ECN Capital's Shiller PE Ratio falls into.


ECNCF
48GF Score
ECN Capital Corp ECNCF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ECN Capital E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ECN Capital's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.02/130.3661*130.3661
=0.020

Current CPI (Dec. 2025) = 130.3661.

ECN Capital Quarterly Data

per share eps CPI Adj_EPS
201603 0.000 101.054 0.000
201606 0.052 102.002 0.066
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.250 102.634 0.318
201706 0.030 103.029 0.038
201709 -0.110 103.345 -0.139
201712 -0.070 103.345 -0.088
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 -0.180 105.636 -0.222
201812 -0.320 105.399 -0.396
201903 -0.100 106.979 -0.122
201906 0.030 107.690 0.036
201909 0.010 107.611 0.012
201912 -0.030 107.769 -0.036
202003 0.010 107.927 0.012
202006 0.000 108.401 0.000
202009 0.020 108.164 0.024
202012 -0.130 108.559 -0.156
202103 0.020 110.298 0.024
202106 0.060 111.720 0.070
202109 0.080 112.905 0.092
202112 3.650 113.774 4.182
202203 0.020 117.646 0.022
202206 0.030 120.806 0.032
202209 0.030 120.648 0.032
202212 -0.030 120.964 -0.032
202303 -0.090 122.702 -0.096
202306 -0.120 124.203 -0.126
202309 -0.020 125.230 -0.021
202312 -0.210 125.072 -0.219
202403 -0.030 126.258 -0.031
202406 0.020 127.522 0.020
202409 0.020 127.285 0.020
202412 -0.010 127.364 -0.010
202503 -0.010 129.181 -0.010
202506 0.008 129.892 0.008
202509 0.040 130.287 0.040
202512 0.020 130.366 0.020

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.37 mean?
ECN Capital (ECNCF) has a E10 of $0.37 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ECN Capital and its competitors.
Is ECN Capital's E10 too high?
ECN Capital's current E10 is $0.37. Overall, ECN Capital has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ECN Capital's E10 compare to RKT and FNMA?
ECN Capital's E10 of $0.37 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ECN Capital and its competitors. ECN Capital's current E10 is $0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECN Capital stock overvalued right now?
Based on GuruFocus' analysis, ECN Capital (ECNCF) is currently considered Fairly Valued. The stock's GF Value™ is $2.43, compared to a current price of $2.26 — trading 7% below its estimated fair value. The current E10 is $0.37. ECN Capital's overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For ECN Capital (ECNCF), the current E10 is $0.37 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ECN Capital (ECNCF) Overvalued in 2026?

Based on GuruFocus' analysis, ECN Capital stock appears to be undervalued. The current stock price of $2.26 is trading 7% below its estimated GF Value™ of $2.43. GuruFocus considers ECN Capital to be Fairly Valued.

Key valuation signals for ECNCF:

  • E10: $0.37
  • GF Value™: $2.43 vs. price of $2.26 (7% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the ECNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECN Capital Business Description

Address 199 Bay Street, Suite 4000, Commerce Court West, Toronto, ON, CAN, M5L 1A9
ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. Its operating segments are: Manufactured Housing Finance and Recreational Vehicle and Marine (RV and Marine) Finance. The group generates maximum revenue from the Manufactured Housing Finance segment.
48GF Score

Get the complete analysis for ECNCF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.26
Price
$2.43
GF Value