Professional
Added to YB: 2025-08-28
Pitch date: 2025-08-22
ECN.TO [neutral]
ECN Capital Corp.
+8.51%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
Company Info
ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America.
Market Cap
CAD 584.2M
Pitch Price
CAD 2.80
Price Target
N/A
Dividend
1.39%
EV/EBITDA
N/A
P/E
-6.1K
EV/Sales
N/A
Sector
Financial Services
Category
special_situation
Voss Value Fund Portfolio Holding: ECN Capital Corp.
ECN.TO (holding update): Triad Financial Services (#2 manufactured home loan originator behind Berkshire) drove 25% H1 originations growth, 55%+ EBITDA margins. RV/Marine segment gaining share despite weak demand. Champion Homes standstill expires Sept, potential catalyst for buyout/partnership. Trading 11x 2025 P/E, 8.8x 2026 P/E for high-margin niche platform.
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