Latest Ratios: P/E Ratio 29.3x · EV/EBITDA 30.2x · ROE -14.0%. (2014–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $3.2B | $2.3B | $1.6B | $1.1B | $847M | $808M | $736M | $580M | — | — |
| Enterprise Value | $2.6B | $3.6B | $2.5B | $1.7B | $1.2B | $974M | $896M | $803M | $673M | — | — |
| P/E Ratio → | 29.27 | — | 28.28 | 13.82 | — | 6.43 | 13.29 | — | — | — | — |
| P/S Ratio | 20.27 | 27.77 | 19.59 | 11.85 | — | 5.45 | 10.84 | 91.04 | — | — | — |
| P/B Ratio | 2.51 | 3.28 | 2.42 | 2.20 | 2.26 | 1.61 | 2.23 | 2.43 | 2.02 | — | — |
| P/FCF | 22.70 | 29.88 | 21.93 | 18.96 | — | 19.86 | 661.82 | 27.32 | — | — | — |
| P/OCF | 22.70 | 29.88 | 21.93 | 18.96 | — | 19.86 | 661.82 | 27.32 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 30.71 | 21.57 | 12.67 | — | 6.27 | 12.02 | 99.31 | — | — | — |
| EV / EBITDA | 30.18 | — | 29.25 | 14.54 | — | 7.38 | 14.72 | — | — | — | — |
| EV / EBIT | 30.18 | — | 29.25 | 14.54 | — | 7.38 | 14.72 | — | — | — | — |
| EV / FCF | — | 33.04 | 24.15 | 20.27 | — | 22.83 | 733.91 | 29.80 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.1% | 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% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -14.0% | -14.0% | 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 | -5.1% | -5.1% | 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% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.40 | 0.40 | 0.29 | 0.21 | 0.30 | 0.27 | 0.26 | 0.33 | 0.33 | 0.28 | 0.26 |
| Debt / EBITDA | — | — | 3.18 | 1.33 | — | 1.07 | 1.52 | — | — | 2.85 | 19.99 |
| Net Debt / Equity | — | 0.35 | 0.25 | 0.15 | 0.19 | 0.24 | 0.24 | 0.22 | 0.33 | 0.24 | 0.21 |
| Net Debt / EBITDA | — | — | 2.69 | 0.94 | — | 0.96 | 1.45 | — | — | 2.40 | 16.38 |
| Debt / FCF | — | 3.16 | 2.22 | 1.31 | — | 2.97 | 72.09 | 2.48 | — | — | 3.42 |
| Interest Coverage | -3.16 | -3.16 | 4.66 | 8.71 | -7.21 | 9.11 | 5.80 | -0.65 | -3.71 | 2.41 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.84 | 4.84 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Quick Ratio | 4.84 | 4.84 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Cash Ratio | 2.37 | 2.37 | 0.96 | 55.53 | 2.07 | 0.75 | 0.75 | — | — | 0.87 | 1.74 |
| Asset Turnover | — | 0.08 | 0.08 | 0.14 | -0.10 | 0.20 | 0.15 | 0.02 | -0.07 | 0.09 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.0% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | 66.2% | — | — | 184.0% | 38.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | — | 3.5% | 7.2% | — | 15.6% | 7.5% | — | — | — | — |
| FCF Yield | 4.4% | 3.3% | 4.6% | 5.3% | — | 5.0% | 0.2% | 3.7% | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 7.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $128M | $93M | $67M | $47M | $33M | $32M | $29M | $24M | $18M | $16M |
Portfolio mark-to-market volatility
Based on recent financial data, the company trades at a P/B ratio of 2.51, which appears elevated given the negative net margins and the inherent volatility of its CLO equity portfolio as reported in the latest quarterly filings.
The current P/E of 29.27 suggests that investors are pricing in a recovery in net investment income that may not materialize if credit spreads remain wide. This valuation multiple appears disconnected from the underlying asset performance, warranting caution regarding the sustainability of the current market premium.
According to historical performance data, the ROIC has fluctuated significantly, reaching a negative 5.1% in 2025Q4, which indicates that the company is currently failing to generate positive returns on its invested capital base compared to its historical performance.
The decay in ROIC appears driven by the sensitivity of the CLO equity tranches to mark-to-market adjustments rather than operational inefficiency. Investors should monitor whether the company can stabilize these returns as the underlying loan pools mature or if structural credit deterioration persists.
As reported in recent financial statements, the asset turnover ratio has remained near zero, reflecting the nature of a closed-end fund where the primary value is derived from investment income rather than traditional operational asset utilization.
The lack of meaningful asset turnover suggests that traditional efficiency metrics are largely irrelevant for this business model. Instead, the focus should remain on the cash conversion cycle of the underlying CLO distributions, which appears highly sensitive to the waterfall mechanics of the portfolio.
Based on reported figures, the debt-to-equity ratio of 0.40 appears deceptively low, yet this metric likely fails to account for the embedded leverage within the CLO equity tranches that constitute the company's primary investment holdings.
While the headline leverage appears manageable, the interest coverage ratio of -14.12 in 2025Q4 suggests that the company's ability to service its debt obligations is under significant pressure. This discrepancy warrants further investigation into the true economic risk profile of the balance sheet.
The market frequently misapplies the distribution yield as a proxy for sustainable income, failing to recognize that a significant portion of these payouts may represent a return of capital rather than organic earnings, as suggested by the negative net margins reported in recent filings.
Investors should prioritize Core Net Investment Income (NII) over headline distribution yields to better assess the company's ability to fund payouts from recurring cash flows. Relying on the distribution yield alone obscures the risk of NAV erosion inherent in the CLO equity asset class.
Includes 30+ ratios · 12 years · Updated daily
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Quick answers to the most common questions about buying ECCX stock.
Eagle Point Credit Company Inc. 6.6875% NT 28's current P/E ratio is 29.3x. The historical average is 15.5x. This places it at the 100th percentile of its historical range.
Eagle Point Credit Company Inc. 6.6875% NT 28's current EV/EBITDA is 30.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.5x.
Eagle Point Credit Company Inc. 6.6875% NT 28's return on equity (ROE) is -14.0%. The historical average is 3.2%.
Based on historical data, Eagle Point Credit Company Inc. 6.6875% NT 28 is trading at a P/E of 29.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Eagle Point Credit Company Inc. 6.6875% NT 28's current dividend yield is 6.97%.
Eagle Point Credit Company Inc. 6.6875% NT 28 has 59.1% gross margin and -75.3% operating margin.