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

E Split Corp. Class A

(TSX:ENS)

Select Model

Rating:71.8Outperform

Price Target:CAD 18.50▲(15.91% Upside)

Action:upgraded

Date:09/06/26

The overall score reflects solid but volatile financial performance and a compellingly cheap, high-yield valuation, partially offset by weak near-term technical momentum and the sensitivity of earnings and cash flows to market conditions.

Positive Factors

Strong TTM profitabilityRecent profitability is exceptionally strong, giving the investment vehicle substantial earnings capacity relative to reported revenue. If sustained, this performance can support obligations, expenses, and shareholder distributions while reinforcing financial resilience over the next several quarters.

Negative Factors

Earnings volatilityThe sharp shift from strong recent profitability to a loss in 2023 shows that reported earnings are not consistently predictable. Such volatility makes it harder to assess sustainable distributions and increases the risk that current profitability may not persist through the next reporting periods.

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

Market Cap: CAD 332.86M
Dividend Yield: 10.34%
Average Volume (3M): 33.82K
Price to Earnings (P/E): 2.5
Beta (1Y): 0.37
Revenue Growth: -13.64%
EPS Growth: 4.75%
Country: Canada
Employees: 4,142
Sector: Financial
Sector Strength: 68
Industry: Asset Management

E Split Corp. Class A Business Overview & Revenue Model

Company Description

E Split Corp. is a mutual fund company investing in common shares of Enbridge, Inc. Its investment objective is to pay the holders fixed and cumulative quarterly cash distribution and also the opportunity for capital appreciation through exposure to...

How the Company Makes Money

E Split Corp. does not generate revenue like an operating company (e.g., selling goods or services). Instead, its economics are driven by (1) investment income and (2) changes in the value of its investment portfolio. Key sources include: (a) dividen...

E Split Corp. Class A Financial Statement Overview

Summary

Strong recent profitability and a strengthening balance sheet support the financial profile, but highly volatile earnings and especially erratic cash flows limit confidence in the durability of results.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	162.34M	58.57M	40.43M	-10.40M	27.75M	41.64M
Gross Profit	162.34M	53.14M	35.70M	-13.71M	23.90M	39.38M
EBITDA	0	74.21M	167.74M	-416.35K	49.96M	40.91M
Net Income	141.10M	58.51M	151.06M	-27.28M	40.98M	34.88M
Balance Sheet
Total Assets	643.44M	599.00M	634.01M	458.08M	417.76M	403.66M
Cash, Cash Equivalents and Short-Term Investments	643.40M	598.80M	633.87M	457.96M	417.75M	403.65M
Total Debt	210.28M	224.25M	245.74M	215.64M	171.03M	171.03M
Total Liabilities	217.17M	231.45M	253.63M	222.55M	175.75M	175.67M
Stockholders Equity	426.28M	367.55M	380.38M	235.53M	242.01M	227.99M
Cash Flow
Free Cash Flow	76.22M	12.60M	15.50M	-59.24M	17.71M	-232.24M
Operating Cash Flow	76.22M	12.60M	15.50M	-59.24M	17.71M	-232.24M
Investing Cash Flow	0	75.56M	-39.20M	-72.28M	4.06M	-241.05M
Financing Cash Flow	-72.05M	-93.11M	24.26M	65.99M	-26.96M	249.23M

E Split Corp. Class A Technical Analysis

Technical Analysis SentimentNegative

Last Price15.96

Price Trends

50DMA16.13Negative

100DMA17.07Negative

200DMA16.64Negative

Market Momentum

MACD0.00Negative

RSI48.27Neutral

STOCH33.88Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ENS, the sentiment is Negative. The current price of 15.96 is above the 20-day moving average (MA) of 15.88, below the 50-day MA of 16.13, and below the 200-day MA of 16.64, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 48.27 is Neutral, neither overbought nor oversold. The STOCH value of 33.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ENS.

E Split Corp. Class A Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

TSE:ENS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:ENS	72Outperform	CAD 332.86M	2.52	35.55%	10.34%	-13.64%	4.75%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TSE:DF	66Neutral	CAD 233.21M	2.12	45.07%	14.13%	-46.90%	50.41%
TSE:LFE	59Neutral	CAD 197.53M	2.47	39.63%	13.27%	-43.83%	21.70%
TSE:SBC	54Neutral	CAD 480.89M	1.27	66.56%	8.08%	39.20%	161.93%
TSE:XMF.A	52Neutral	CAD 3.53M	3.50	122.00%	―	-83.91%	―

* Financial Sector Average

Performance Comparison

TSE:ENS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:ENS	E Split Corp. Class A	15.96	2.55	19.01%
TSE:LFE	Canadian Life Companies Split Corp. Class A	9.04	3.55	64.72%
TSE:ESP	Brompton Oil Splt A	7.00	3.29	88.68%
TSE:SBC	Brompton Splt Banc A	13.02	5.18	66.14%
TSE:XMF.A	M Split Corp. 14 Cap	1.55	0.98	171.93%
TSE:DF	Dividend 15 Split Corp II Class A	8.49	2.45	40.66%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Sep 06, 2026

E Split Corp. Class A AI Stock Analysis