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ECCUEagle Point Credit Company Inc.
$25.10$3.3B
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  4. Financial Ratios

Eagle Point Credit Company Inc. (ECCU) Financial Ratios

Latest Ratios: P/E Ratio -23.9x · EV/EBITDA N/A · ROE -15.9%. (2014–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ECCU Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$3.3B$3.2B$2.3B————————
Enterprise Value$3.6B$3.4B$2.5B————————
P/E Ratio →-23.90—28.76————————
P/S Ratio28.6627.6819.92————————
P/B Ratio4.284.282.46————————
P/FCF——22.30————————
P/OCF——22.30————————

P/E links to full P/E history page with 30-year chart

ECCU EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—29.6621.90————————
EV / EBITDA——29.70————————
EV / EBIT——29.70————————
EV / FCF——24.52————————

ECCU Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin59.1%59.1%84.2%90.0%118.0%90.7%85.9%-66.4%142.5%73.1%76.4%
Operating Margin-75.3%-75.3%73.7%87.1%129.5%84.9%81.7%-107.5%157.6%64.8%70.1%
Net Profit Margin-115.8%-115.8%69.3%87.1%129.5%84.9%81.7%-107.5%157.6%64.8%157.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-15.9%-15.9%9.6%19.2%-19.9%29.7%18.3%-2.9%-18.2%7.1%24.0%
ROA-9.3%-9.3%6.5%13.9%-13.3%20.6%12.3%-1.8%-11.1%6.5%25.4%
ROIC-5.9%-5.9%6.1%11.5%-11.6%17.6%10.7%-1.7%-10.5%4.2%6.3%
ROCE-6.2%-6.2%7.1%14.1%-13.7%21.0%12.5%-1.8%-11.1%6.7%11.7%

ECCU Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.370.370.290.210.300.270.260.330.330.280.26
Debt / EBITDA——3.181.33—1.071.52——2.851.60
Net Debt / Equity—0.300.250.150.190.240.240.220.330.240.21
Net Debt / EBITDA——2.690.94—0.961.45——2.401.31
Debt / FCF——2.221.31—2.9772.092.48——3.42
Interest Coverage-3.16-3.164.668.71-7.219.115.80-0.65-3.712.41—

ECCU Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.382.382.2299.273.392.014.56——2.052.50
Quick Ratio2.382.382.2299.273.392.014.56——2.052.50
Cash Ratio2.372.370.9655.532.070.750.75——0.871.74
Asset Turnover—0.080.080.14-0.100.200.150.02-0.070.090.13
Inventory Turnover———————————
Days Sales Outstanding———————————

ECCU Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield5.8%5.8%7.1%————————
Payout Ratio——————66.2%——184.0%38.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield——3.5%————————
FCF Yield——4.5%————————
Buyback Yield0.0%0.0%0.0%————————
Total Shareholder Yield5.8%5.8%7.1%————————
Shares Outstanding—$128M$93M$67M$47M$33M$32M$29M$24M$18M$16M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

Structural CLO Equity Volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 8-K (2026Q1)

Market Pricing Reflects Credit Uncertainty

According to recent financial data, ECCU trades at a price-to-book ratio of 4.28, which appears significantly elevated compared to the broader peer group, suggesting that investors are pricing in a premium for the fund's specific governance rights over its underlying CLO equity tranches.

The negative TTM P/E ratio highlights the distortion caused by GAAP mark-to-market accounting, which fails to capture the underlying cash-generating capacity of the portfolio. Investors should monitor whether this valuation premium is sustainable given the persistent volatility in net asset value and the potential for credit spread widening.

Capital Efficiency Impaired by Volatility

As reported in financial statements, ECCU's ROIC has trended into negative territory, reaching -8.2% in 2026Q1, which indicates that the fund is currently failing to generate positive returns on its invested capital base due to significant unrealized valuation adjustments within the CLO portfolio.

The decay in ROIC suggests that the fund's strategy of holding junior CLO tranches is highly sensitive to market-wide credit stress. This trend warrants further investigation into whether the underlying CLO managers are successfully navigating the current default environment or if the capital base is structurally eroding.

Asset Turnover Reflects Portfolio Stagnation

Based on reported figures, ECCU's asset turnover ratio has remained consistently low at approximately 0.02 to 0.05 over the last ten quarters, reflecting the fund's nature as a passive holder of long-duration CLO equity rather than an active trading entity.

The minimal turnover suggests that the fund's performance is almost entirely dependent on the cash distributions from existing holdings rather than active portfolio rotation. This lack of operational velocity implies that the fund has limited ability to quickly reallocate capital in response to shifting credit market conditions.

Structural Leverage Risks Demand Scrutiny

As indicated by the company's financial history, the debt-to-equity ratio has fluctuated between 0.21 and 0.42, which, while appearing moderate, masks the inherent risk of using debt to finance highly subordinated and volatile junior CLO equity tranches in a rising interest rate environment.

The negative interest coverage ratio of -22.73 in 2026Q1 suggests that the fund's ability to service its debt obligations is currently under significant pressure from non-cash valuation losses. Investors should monitor the sustainability of this leverage profile, as any further deterioration in credit quality could trigger covenant concerns.

Misapplication of Traditional Yield Metrics

The most commonly misapplied metric for ECCU is the dividend yield, which at 5.8% often obscures the fact that distributions may include a return of capital rather than being fully supported by recurring net investment income, as evidenced by recent quarterly financial disclosures.

Investors should prioritize 'Core NII' over headline yield to determine the true sustainability of the payout. Relying on the dividend yield as a proxy for total return ignores the significant risk of NAV erosion inherent in the fund's junior CLO equity position.

Download Financial Ratios Data

Includes 30+ ratios · 12 years · Updated daily

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ECCU — Frequently Asked Questions

Quick answers to the most common questions about buying ECCU stock.

What is Eagle Point Credit Company Inc.'s P/E ratio?

Eagle Point Credit Company Inc.'s current P/E ratio is -23.9x. The historical average is 28.8x.

What is Eagle Point Credit Company Inc.'s ROE?

Eagle Point Credit Company Inc.'s return on equity (ROE) is -15.9%. The historical average is 3.0%.

Is ECCU stock overvalued?

Based on historical data, Eagle Point Credit Company Inc. is trading at a P/E of -23.9x. Compare with industry peers and growth rates for a complete picture.

What is Eagle Point Credit Company Inc.'s dividend yield?

Eagle Point Credit Company Inc.'s current dividend yield is 5.77%.

What are Eagle Point Credit Company Inc.'s profit margins?

Eagle Point Credit Company Inc. has 59.1% gross margin and -75.3% operating margin.