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E Split Corp. Class A (TSE:ENS)
TSX:ENS

E Split Corp. Class A (ENS) AI Stock Analysis

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E Split Corp. Class A

(TSX:ENS)

Rating:65Neutral
Price Target:
E Split Corp. Class A receives a score of 65, driven by strong technical momentum and an attractive valuation with a low P/E ratio and high dividend yield. However, financial performance is moderated by historical volatility and high debt levels. Positive corporate events reflect ongoing strategic efforts to enhance shareholder value.

E Split Corp. Class A (ENS) vs. iShares MSCI Canada ETF (EWC)

E Split Corp. Class A Business Overview & Revenue Model

Company DescriptionReal Estate & E-Commerce Split Corp. is a balanced mutual fund launched by Middlefield Limited. The fund is managed by Middlefield Capital Corporation. Real Estate & E-Commerce Split Corp. Real Estate & E-Commerce Split Corp. was formed on October 7, 2020 and is domiciled in Canada.
How the Company Makes MoneyE Split Corp. makes money through its investment activities, primarily by managing a diversified portfolio of securities. The company generates revenue by investing in a range of financial instruments, including equities and other securities, and earning returns through capital appreciation and dividend income. Additionally, E Split Corp. may charge management fees and other related expenses to its investors, which also contribute to its revenue. The company's performance and profitability are closely tied to the performance of the underlying assets in its investment portfolio, as well as the overall market conditions.

E Split Corp. Class A Financial Statement Overview

Summary
E Split Corp. Class A faces significant financial challenges with negative profitability and cash flow metrics. Despite a stable equity base, high leverage and declining cash flows are concerning.
Income Statement
20
Very Negative
The income statement reveals significant challenges, with negative revenue and net income in the latest period, indicating struggles in generating profits. The gross profit margin and net profit margin are negative, reflecting a downturn compared to previous years. The revenue growth rate has plummeted compared to the previous year. These factors suggest operational difficulties and declining profitability.
Balance Sheet
65
Positive
The balance sheet shows a relatively stable equity position but a high debt-to-equity ratio, indicating significant leverage. The equity ratio remains healthy, suggesting a sound equity base relative to assets. However, the return on equity has turned negative due to the latest period's losses, indicating profitability challenges.
Cash Flow
30
Negative
The cash flow statement reflects negative operating and free cash flow, highlighting difficulties in generating cash from operations. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, pointing to cash flow management issues. Despite a positive financing cash flow, the overall cash flow position is concerning.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
31.24M-13.71M50.70M41.64M-12.20M19.60M
Gross Profit
31.24M-10.40M46.86M39.38M-13.15M18.75M
EBIT
27.22M-14.17M49.96M40.91M-12.53M19.15M
EBITDA
-1.00-416.35K0.00-438.31K-176.46K0.00
Net Income Common Stockholders
11.44M-27.28M49.96M40.91M-12.53M19.15M
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.49M457.96M9.74M18.99M2.00M83.84M
Total Assets
458.08M458.08M417.76M403.66M118.24M83.85M
Total Debt
215.64M215.64M171.03M171.03M500.00K31.94M
Net Debt
199.15M199.15M161.29M152.04M-1.50M30.71M
Total Liabilities
6.91M222.55M175.75M4.64M60.58M32.90M
Stockholders Equity
235.53M235.53M242.01M227.99M57.66M50.95M
Cash FlowFree Cash Flow
-108.73M-59.24M17.71M-232.24M-49.21M4.82M
Operating Cash Flow
-108.73M-59.24M17.71M-232.24M-49.21M4.82M
Investing Cash Flow
0.000.004.06M-241.05M-52.43M2.79M
Financing Cash Flow
44.46M65.99M-26.96M249.23M49.98M-5.58M

E Split Corp. Class A Technical Analysis

Technical Analysis Sentiment
Positive
Last Price14.75
Price Trends
50DMA
13.76
Positive
100DMA
13.68
Positive
200DMA
12.95
Positive
Market Momentum
MACD
0.21
Negative
RSI
67.86
Neutral
STOCH
83.93
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ENS, the sentiment is Positive. The current price of 14.75 is above the 20-day moving average (MA) of 14.07, above the 50-day MA of 13.76, and above the 200-day MA of 12.95, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 67.86 is Neutral, neither overbought nor oversold. The STOCH value of 83.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ENS.

E Split Corp. Class A Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSSBC
74
Outperform
2.9535.91%11.81%10.76%
TSLFE
72
Outperform
1.6667.53%11.35%149.81%319.65%
TSENS
65
Neutral
2.3049.05%10.82%38.35%
64
Neutral
$12.79B9.727.54%16971.00%12.07%-7.53%
1.8257.60%18.52%
2.4843.26%12.94%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ENS
E Split Corp. Class A
14.75
4.41
42.65%
TSE:LFE
Canadian Life Companies Split Corp. Class A
6.36
2.93
85.42%
TSE:SBC
Brompton Splt Banc A
10.13
2.15
26.94%
DVSPF
Dividend 15 Split Corp
4.35
1.14
35.51%
LFBCF
Life & Banc Split
6.74
1.76
35.34%
FNNCF
Financial 15 Split Corp
6.68
1.60
31.50%

E Split Corp. Class A Corporate Events

Dividends
E Split Corp. Announces April 2025 Distribution for Class A Shareholders
Positive
Apr 23, 2025

E Split Corp. operates within the financial services industry, focusing on providing investment opportunities through its equity shares, which are traded on the Toronto Stock Exchange under the symbol ENS. The company has announced a distribution of $0.13 per Class A equity share for April 2025, payable on May 15, 2025, to shareholders on record as of April 30, 2025. This announcement reflects the company’s ongoing commitment to delivering value to its shareholders, although future distributions may vary due to changes in portfolio composition and market conditions.

Spark’s Take on TSE:ENS Stock

According to Spark, TipRanks’ AI Analyst, TSE:ENS is a Neutral.

The overall score reflects significant financial struggles, particularly in profitability and cash flow management. While technical indicators show positive momentum, the high P/E ratio raises concerns about valuation. The high dividend yield offers some compensation, but operational inefficiencies need addressing to enhance financial stability.

To see Spark’s full report on TSE:ENS stock, click here.

Dividends
E Split Corp. Announces March 2025 Distributions for Shareholders
Neutral
Mar 21, 2025

E Split Corp. has announced its March 2025 distribution for both Class A and preferred shareholders. Class A shareholders will receive a distribution of $0.13 per share, while preferred shareholders will receive $0.175 per share, both payable on April 15, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, although future distributions may vary due to changes in portfolio composition and market conditions.

Dividends
E Split Corp. Announces February 2025 Distribution for Class A Shares
Neutral
Feb 21, 2025

E Split Corp., trading on the Toronto Stock Exchange under the symbol ENS, announced a distribution of $0.13 per share for its Class A shareholders, payable on March 14, 2025. This announcement may impact the company’s financial outlook and shareholder returns, as the distribution is subject to variations based on portfolio composition and other economic factors.

Private Placements and FinancingBusiness Operations and Strategy
E Split Corp. Renews Equity Program to Boost Market Flexibility
Positive
Feb 20, 2025

E Split Corp. has renewed its at-the-market equity program, allowing the issuance of Class A and Preferred Shares to the public through the Toronto Stock Exchange or other Canadian marketplaces. This program, effective until March 2027, aims to raise up to $200 million for each share class and is aligned with the company’s investment strategies, targeting capital appreciation and cash distribution objectives for its shareholders. The announcement is expected to enhance operational flexibility and strengthen the company’s market positioning by leveraging its investment in Enbridge Inc. while providing potential benefits to investors through structured cash distributions.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.