Chemung Financial Corp (CHMG) vs Eagle Point Credit Company (ECC)

Chemung Financial Corp and Eagle Point Credit Company are both in the Financial sector (Banks Regional and Closed End Fund Debt). Chemung Financial Corp and Eagle Point Credit Company are of similar size ($385.7M and $383.8M). Eagle Point Credit Company has negative trailing earnings, so its P/E is not meaningful; Chemung Financial Corp trades at 11.6×. Chemung Financial Corp grew revenue faster over the last twelve months: 18.5% against −7.08%. Chemung Financial Corp has the higher net margin (20.7% vs −94.2%) and the lower return on invested capital (8.26% vs 9.41%). Both pay a dividend; Eagle Point Credit Company yields more (42.8% vs 1.71%). Across the 20 metrics below, Eagle Point Credit Company leads on 12 and Chemung Financial Corp on 8.

Valuation

Metric CHMG ECC
P/E 11.61 n/m
P/S 2.41 2.10
P/B 1.45 0.64
Price to free cash flow 8.58 1.60
EV/EBITDA — —
EV/Sales — —
Earnings yield 8.61% (41.80%)
Free cash flow yield 11.65% 62.55%

Profitability

Metric CHMG ECC
Gross margin 74.23% 100.00%
Operating margin 0.00% 74.11%
Net margin 20.68% (94.21%)
Free cash flow margin 28.10% 131.50%
Return on equity 13.28% (22.69%)
Return on assets 1.18% (13.00%)
Return on invested capital 8.26% 9.41%

Growth

Metric CHMG ECC
Revenue growth (TTM) 18.50% (7.08%)
EPS growth (last fiscal year) (36.69%) (214.14%)
Revenue growth, 5-year CAGR 9.85% 26.27%
Net income growth, 5-year CAGR (4.75%) 0.00%

Health

Metric CHMG ECC
Debt to equity 0.51 0.37
Current ratio 1.04 0.54
Net debt to EBITDA 0.00 1.52

Dividend

Metric CHMG ECC
Dividend yield 1.71% 42.76%
Payout ratio 0.20 —

Size

Metric CHMG ECC
Market cap 383.78m 385.73m

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