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ECN CapitalTSX:ECN +0.32%46 Return-on-Tangible-Asset is 3.97% as of Dec. 2025, which is 451% above its 10-year median of 0.72. GuruFocus rates TSX:ECN with a GF Score™ of 46/100 and a GF Value™ of C$3.32. The stock has 6 warning signs investors should review. Among 1,529 Banks companies, ECN Capital ranks better than 94.24% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. ECN Capital's annualizedNet Income for the quarter that ended in Dec. 2025 was C$38.9 Mil. ECN Capital's average total tangible assets for the quarter that ended in Dec. 2025 was C$979.8 Mil. Therefore, ECN Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.97%.
The historical rank and industry rank for ECN Capital's Return-on-Tangible-Asset or its related term are showing as below:
TSX:ECN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.49 Med: 0.72 Max: 107.51
Current: 2.9
During the past 13 years, ECN Capital's highest Return-on-Tangible-Asset was 107.51%. The lowest was -9.49%. And the median was 0.72%.
TSX:ECN's Return-on-Tangible-Asset is ranked better than 94.24% of 1529
companies
in the Banks industry
Industry Median: 0.99
vs TSX:ECN: 2.90
ECN Capital (TSX:ECN) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
ECN Capital Return-on-Tangible-Asset Related Terms
ECN Capital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ECN Capital's Return-on-Tangible-Asset 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.
TSX:ECN vs RKT, FNMA, PFSI: Return-on-Tangible-Asset Comparison
For the Mortgage Finance subindustry, ECN Capital's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, ECN Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ECN Capital's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.97% mean?
ECN Capital (TSX:ECN) has a Return-on-Tangible-Asset of 3.97% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ECN Capital and its competitors. This is 451% above median its historical median of 0.72. According to the industry distribution chart, ECN Capital ranks #88 out of 1529 companies in the Banks industry, placing it in the top 5.8%.
Is ECN Capital's Return-on-Tangible-Asset too high?
ECN Capital's current Return-on-Tangible-Asset of 3.97% is 451% above median its 10-year median of 0.72. The Banks industry median Return-on-Tangible-Asset is 0.99. ECN Capital's value of 3.97% is 301% above this industry median. Based on the distribution chart, ECN Capital ranks #88 out of 1529 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ECN Capital has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does ECN Capital's Return-on-Tangible-Asset compare to RKT and FNMA?
According to the Banks industry distribution chart, ECN Capital ranks #88 out of 1529 companies for Return-on-Tangible-Asset. This places ECN Capital in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. ECN Capital's value of 3.97% is 301% above this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 0.99, ECN Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ECN Capital's current Return-on-Tangible-Asset of 3.97% is 301% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ECN Capital and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECN Capital's current Return-on-Tangible-Asset is 3.97%, which is 451% above median its own 10-year median of 0.72. 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?
ECN Capital (TSX:ECN) has a current Return-on-Tangible-Asset of 3.97%. The stock's GF Value™ is C$3.32, compared to a current price of C$3.10 — trading 6.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.97%, which is 451% above median its 10-year median of 0.72 and 301% above the Banks industry median of 0.99. ECN Capital's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For ECN Capital (TSX:ECN), the current Return-on-Tangible-Asset is 3.97% 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 (TSX:ECN) Overvalued in 2026?
Based on GuruFocus' analysis, ECN Capital stock appears to be undervalued.
The current stock price of C$3.10 is trading 6.6% below its estimated GF Value™ of C$3.32.
Key valuation signals for TSX:ECN:
Return-on-Tangible-Asset: 3.97% (451% above median its 10-year median of 0.72)
GF Value™: C$3.32 vs. price of C$3.10 (6.6% below fair value)
Industry Position: 301% above the Banks median (#88 of 1529)
No single metric tells the full story. See the TSX:ECN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
46GF Score
Get the complete analysis for TSX:ECN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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