ECTM (ECA Marcellus Trust I) ROE %: 50.24% (As of Mar. 2026) — 396% Above Median


ECTM ECA Marcellus Trust I ECTM
55 GF Score
Price $0.60
GF Value $0.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ECA Marcellus Trust I ROE %?

ECA Marcellus Trust I ECTM -1.61% 55 ROE % is 50.24% as of Mar. 2026, which is 396% above its 10-year median of 10.12. GuruFocus rates ECTM with a GF Score™ of 55/100 and a GF Value™ of $0.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 957 Oil & Gas companies, ECA Marcellus Trust I ranks better than 86.42% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ECA Marcellus Trust I's annualized net income for the quarter that ended in Mar. 2026 was $6.33 Mil. ECA Marcellus Trust I's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $12.60 Mil. Therefore, ECA Marcellus Trust I's annualized ROE % for the quarter that ended in Mar. 2026 was 50.24%.

The historical rank and industry rank for ECA Marcellus Trust I's ROE % or its related term are showing as below:

ECTM' s ROE % Range Over the Past 10 Years
Min: 0.85   Med: 10.12   Max: 65.48
Current: 22.69

During the past 13 years, ECA Marcellus Trust I's highest ROE % was 65.48%. The lowest was 0.85%. And the median was 10.12%.

ECTM's ROE % is ranked better than
86.42% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs ECTM: 22.69

ECA Marcellus Trust I  (OTCPK:ECTM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6.332/12.6035
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.332 / 7.172)*(7.172 / 13.7165)*(13.7165 / 12.6035)
=Net Margin %*Asset Turnover*Equity Multiplier
=88.29 %*0.5229*1.0883
=ROA %*Equity Multiplier
=46.17 %*1.0883
=50.24 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6.332/12.6035
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.332 / 6.332) * (6.332 / 6.304) * (6.304 / 7.172) * (7.172 / 13.7165) * (13.7165 / 12.6035)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0044 * 87.9 % * 0.5229 * 1.0883
=50.24 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


ECA Marcellus Trust I ROE % Related Terms


ECA Marcellus Trust I ROE % Historical Data

* Premium members only.

The historical data trend for ECA Marcellus Trust I's ROE % 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.

ECA Marcellus Trust I ROE % Chart

ECA Marcellus Trust I Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.88 65.48 9.48 5.75 17.23

ECA Marcellus Trust I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 27.46 10.53 10.70 20.12 50.24

ECTM vs SKYQ, VIVK, XOM: ROE % Comparison

For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I's ROE %, along with its competitors' market caps and ROE % 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.


ECA Marcellus Trust I ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ECA Marcellus Trust I's ROE % distribution charts can be found below:

* The bar in red indicates where ECA Marcellus Trust I's ROE % falls into.


ECTM
55GF Score
ECA Marcellus Trust I ECTM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ECA Marcellus Trust I ROE % Calculation

ECA Marcellus Trust I's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2.245/( (13.373+12.679)/ 2 )
=2.245/13.026
=17.23 %

ECA Marcellus Trust I's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6.332/( (12.679+12.528)/ 2 )
=6.332/12.6035
=50.24 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 50.24% mean?
ECA Marcellus Trust I (ECTM) has a ROE % of 50.24% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ECA Marcellus Trust I and its competitors. This is 396% above median its historical median of 10.12. Over the past decade, ECA Marcellus Trust I's ROE % has ranged from 0.85 to 65.48. According to the industry distribution chart, ECA Marcellus Trust I ranks #130 out of 957 companies in the Oil & Gas industry, placing it in the top 13.6%.
Is ECA Marcellus Trust I's ROE % too high?
ECA Marcellus Trust I's current ROE % of 50.24% is 396% above median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 65.48. The Oil & Gas industry median ROE % is 5.71. ECA Marcellus Trust I's value of 50.24% is 779.9% above this industry median. Based on the distribution chart, ECA Marcellus Trust I ranks #130 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ECA Marcellus Trust I has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECA Marcellus Trust I's ROE % compare to SKYQ and VIVK?
According to the Oil & Gas industry distribution chart, ECA Marcellus Trust I ranks #130 out of 957 companies for ROE %. This places ECA Marcellus Trust I in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 5.71. ECA Marcellus Trust I's value of 50.24% is 779.9% above this benchmark. Historically, ECA Marcellus Trust I's own ROE % has ranged from 0.85 to 65.48 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 5.71, ECA Marcellus Trust I 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ECA Marcellus Trust I's current ROE % of 50.24% is 779.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ECA Marcellus Trust I and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECA Marcellus Trust I's current ROE % is 50.24%, which is 396% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECA Marcellus Trust I stock overvalued right now?
Based on GuruFocus' analysis, ECA Marcellus Trust I (ECTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.68, compared to a current price of $0.60 — trading 11.8% below its estimated fair value. The current ROE % is 50.24%, which is 396% above median its 10-year median of 10.12 and 779.9% above the Oil & Gas industry median of 5.71. ECA Marcellus Trust I's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ECA Marcellus Trust I (ECTM), the current ROE % is 50.24% as of Mar. 2026. 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 ECA Marcellus Trust I (ECTM) Overvalued in 2026?

Based on GuruFocus' analysis, ECA Marcellus Trust I stock appears to be undervalued. The current stock price of $0.60 is trading 11.8% below its estimated GF Value™ of $0.68. GuruFocus considers ECA Marcellus Trust I to be Modestly Undervalued.

Key valuation signals for ECTM:

  • ROE %: 50.24% (396% above median its 10-year median of 10.12)
  • GF Value™: $0.68 vs. price of $0.60 (11.8% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 779.9% above the Oil & Gas median (#130 of 957)

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


ECA Marcellus Trust I Business Description

Industry EnergyOil & Gas
Address 601 Travis Street, 16th Floor, Houston, TX, USA, 77002
ECA Marcellus Trust I is a statutory trust. The trust's purpose is, in general, to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after the payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units.
55GF Score

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

$0.60
Price
$0.68
GF Value