GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ECN Capital Corp (TSX:ECN) » Definitions » 1-Year ROIIC %

ECN Capital (TSX:ECN) 1-Year ROIIC % : 4.80% (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is ECN Capital 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. ECN Capital's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 4.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for ECN Capital's 1-Year ROIIC % or its related term are showing as below:

TSX:ECN's 1-Year ROIIC % is ranked better than
70% of 50 companies
in the Banks industry
Industry Median: 0.515 vs TSX:ECN: 4.80

ECN Capital 1-Year ROIIC % Historical Data

The historical data trend for ECN Capital's 1-Year ROIIC % 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.

* Premium members only.

ECN Capital 1-Year ROIIC % Chart

ECN Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.78 -1,009.74 2.15 3.17 55.56

ECN Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % 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 10.45 55.56 19.76 28.04 4.80

Competitive Comparison of ECN Capital's 1-Year ROIIC %

For the Mortgage Finance subindustry, ECN Capital's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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's 1-Year ROIIC % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ECN Capital's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where ECN Capital's 1-Year ROIIC % falls into.



ECN Capital 1-Year ROIIC % Calculation

ECN Capital's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -36.1446 (Sep. 2024) - -22.2672 (Sep. 2023) )/( 1266.766 (Sep. 2024) - 1555.663 (Sep. 2023) )
=-13.8774/-288.897
=4.80%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


ECN Capital  (TSX:ECN) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


ECN Capital 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of ECN Capital's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


ECN Capital Business Description

Traded in Other Exchanges
Address
199 Bay Street, Suite 4000, Commerce Court West, Toronto, ON, CAN, M5L1A9
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. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance. It generates the majority Manufactured Housing Finance segment.
Executives
Steven Kenneth Hudson Director, Senior Officer
Paul James Stoyan Director
William Wayne Lovatt Director
John Phillip Menard Senior Officer
Carol Elizabeth Goldman Director
Karen Lynne Martin Director
Michael Mccormack Senior Officer
Scott William Shaw Senior Officer
Michael Shane Lepore Senior Officer
Algis Vaitonis Senior Officer
James Barry Senior Officer
Mary Beth Koenig Senior Officer
David Dyson Morris Director
Kyle Francesco Morabito Senior Officer

ECN Capital Headlines

No Headlines