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Emergent Capital

OTCPK:EMGC
Snowflake Description

Slightly overvalued with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EMGC
OTCPK
$62M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Emergent Capital, Inc., a specialty finance company, invests in life settlements. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Emergent Capital has significant price volatility in the past 3 months.
EMGC Share Price and Events
7 Day Returns
4%
OTCPK:EMGC
-19.7%
US Consumer Finance
-2.8%
US Market
1 Year Returns
333.2%
OTCPK:EMGC
-46.9%
US Consumer Finance
-15.9%
US Market
EMGC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Emergent Capital (EMGC) 4% 81.3% 77.2% 333.2% 39.3% -94.3%
US Consumer Finance -19.7% -43.6% -50.2% -46.9% -32% -34.6%
US Market -2.8% -18.8% -24% -15.9% 2.8% 13.3%
1 Year Return vs Industry and Market
  • EMGC outperformed the Consumer Finance industry which returned -46.9% over the past year.
  • EMGC outperformed the Market in United States of America which returned -15.9% over the past year.
Price Volatility
EMGC
Industry
5yr Volatility vs Market

Value

 Is Emergent Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Emergent Capital. This is due to cash flow or dividend data being unavailable. The share price is $0.3899.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Emergent Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Emergent Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:EMGC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in USD $0.11
OTCPK:EMGC Share Price ** OTCPK (2020-04-03) in USD $0.39
United States of America Consumer Finance Industry PE Ratio Median Figure of 33 Publicly-Listed Consumer Finance Companies 3.82x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Emergent Capital.

OTCPK:EMGC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:EMGC Share Price ÷ EPS (both in USD)

= 0.39 ÷ 0.11

3.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emergent Capital is good value based on earnings compared to the US Consumer Finance industry average.
  • Emergent Capital is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Emergent Capital's expected growth come at a high price?
Raw Data
OTCPK:EMGC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Consumer Finance Industry PEG Ratio Median Figure of 26 Publicly-Listed Consumer Finance Companies 0.2x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.88x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Emergent Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Emergent Capital's assets?
Raw Data
OTCPK:EMGC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in USD $0.27
OTCPK:EMGC Share Price * OTCPK (2020-04-03) in USD $0.39
United States of America Consumer Finance Industry PB Ratio Median Figure of 44 Publicly-Listed Consumer Finance Companies 0.58x
United States of America Market PB Ratio Median Figure of 5,146 Publicly-Listed Companies 1.2x
OTCPK:EMGC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:EMGC Share Price ÷ Book Value per Share (both in USD)

= 0.39 ÷ 0.27

1.46x

* Primary Listing of Emergent Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Emergent Capital is overvalued based on assets compared to the US Consumer Finance industry average.
X
Value checks
We assess Emergent Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Emergent Capital has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Emergent Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Emergent Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.8%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Emergent Capital expected to grow at an attractive rate?
  • Unable to compare Emergent Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Emergent Capital's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Emergent Capital's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:EMGC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
United States of America Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:EMGC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:EMGC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-11-30 -10 -12 17
2019-08-31 -94 -21 -164
2019-05-31 -88 -30 -247
2019-02-28 -90 -38 -228
2018-11-30 -83 -45 -185
2018-09-30 8 -44 -2
2018-06-30 1 -40 -12
2018-03-31 -1 -38 -9
2017-12-31 19 -35 -3
2017-09-30 24 -36 -24
2017-06-30 6 -39 -37
2017-03-31 -13 -43 -40
2016-12-31 -28 -46 -49

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Emergent Capital is high growth as no earnings estimate data is available.
  • Unable to determine if Emergent Capital is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:EMGC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Emergent Capital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EMGC Past Financials Data
Date (Data in USD Millions) EPS *
2019-11-30 0.11
2019-08-31 -1.06
2019-05-31 -1.58
2019-02-28 -1.46
2018-11-30 -1.19
2018-09-30 -0.01
2018-06-30 -0.08
2018-03-31 -0.08
2017-12-31 -0.04
2017-09-30 -0.48
2017-06-30 -1.31
2017-03-31 -1.44
2016-12-31 -1.79

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Emergent Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of EMGC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Emergent Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Emergent Capital's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Emergent Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Emergent Capital has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Emergent Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Emergent Capital's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Emergent Capital's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Emergent Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Emergent Capital has become profitable in the last year making it difficult to compare the US Consumer Finance industry average.
Earnings and Revenue History
Emergent Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Emergent Capital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EMGC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 -9.64 16.86 9.03
2019-08-31 -93.81 -164.18 7.28
2019-05-31 -87.55 -246.67 7.15
2019-02-28 -90.07 -227.72 10.25
2018-11-30 -83.32 -185.39 13.06
2018-09-30 8.49 -2.18 14.96
2018-06-30 1.48 -12.25 14.67
2018-03-31 -0.99 -9.12 14.07
2017-12-31 19.08 -3.24 13.02
2017-09-30 23.64 -24.04 13.64
2017-06-30 5.80 -36.80 16.39
2017-03-31 -12.67 -40.10 19.03
2016-12-31 -28.32 -49.43 20.41
2016-09-30 -26.58 -39.46 19.99
2016-06-30 -29.30 -44.40 14.72
2016-03-31 15.31 -33.66 15.64
2015-12-31 19.61 -30.38 18.53
2015-09-30 42.05 -7.98 21.96
2015-06-30 39.97 1.25 26.87
2015-03-31 23.47 -6.00 26.64
2014-12-31 27.57 -5.15 24.30
2014-09-30 12.64 -9.96 22.99
2014-06-30 34.20 0.41 21.31
2014-03-31 82.19 53.84 22.59
2013-12-31 73.39 51.82 20.31
2013-09-30 61.83 46.88 -10.40
2013-06-30 33.74 9.29 2.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Emergent Capital made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Emergent Capital used its assets more efficiently than the US Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Emergent Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Emergent Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Emergent Capital has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Emergent Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Emergent Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Emergent Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Emergent Capital's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Emergent Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Emergent Capital Company Filings, last reported 4 months ago.

OTCPK:EMGC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 42.11 116.70 24.28
2019-08-31 44.44 114.74 8.78
2019-05-31 -35.92 114.28 1.42
2019-02-28 -10.14 112.78 3.81
2018-11-30 27.24 105.09 1.21
2018-09-30 197.81 472.75 31.56
2018-06-30 183.26 457.80 26.26
2018-03-31 192.73 451.90 41.22
2017-12-31 196.64 432.92 31.27
2017-09-30 199.47 419.46 35.69
2017-06-30 168.27 402.31 22.67
2017-03-31 174.68 384.59 18.02
2016-12-31 172.87 346.92 11.32
2016-09-30 196.11 332.32 18.90
2016-06-30 203.06 315.14 24.06
2016-03-31 212.90 326.71 47.90
2015-12-31 220.36 281.60 20.34
2015-09-30 236.40 271.50 40.42
2015-06-30 250.31 276.31 55.65
2015-03-31 210.97 257.15 39.60
2014-12-31 215.10 225.75 54.92
2014-09-30 206.11 197.91 58.39
2014-06-30 210.42 203.43 82.39
2014-03-31 197.25 207.01 81.93
2013-12-31 193.42 123.85 22.70
2013-09-30 177.40 114.78 13.44
2013-06-30 171.09 101.78 21.28
  • Emergent Capital's level of debt (277.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (102.1% vs 277.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Emergent Capital's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Emergent Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Emergent Capital has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Emergent Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Emergent Capital dividends.
If you bought $2,000 of Emergent Capital shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Emergent Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Emergent Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:EMGC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1936 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Emergent Capital has not reported any payouts.
  • Unable to verify if Emergent Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Emergent Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Emergent Capital has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Emergent Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Emergent Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Emergent Capital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Emergent Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pat Curry
COMPENSATION $330,000
AGE 53
TENURE AS CEO 2.7 years
CEO Bio

Mr. Patrick J. Curry, also known as Pat, has been Chief Executive Officer of Emergent Capital, Inc. since October 25, 2017. Mr. Curry serves as the Chief Executive Officer and President at PJC Investments, LLC. He served as Interim Chief Executive Officer of Emergent Capital, Inc. since August 15, 2017 until October 25, 2017. Mr. Curry served as Executive Vice President and a director of Central Freight Lines, Inc from 1997 to 2003.. He served as Secretary and Treasurer of Central Freight Lines since February 2002. Mr. Curry was the President and Chief Executive Officer of Universal Express Limited, LLC from 1994 to 1997. Mr. Curry served as President and Chief Executive Officer of Lortex, Inc. from 1991 to 1993. Mr. Curry was also a licensed stock and bond broker for Legg Mason Wood Walker, Inc. and a financial analyst for Hercules Aerospace, Inc. He served Central Freight Lines Inc. as Senior Vice President of Corporate Development since its founding in 1997 until November 1999, as Senior Vice President of Logistics from November 1999 to December 2000 and as a member of its Board of Directors from 1997 to September 2003. He served as President of truckload carrier Aggie Express, from August 1996 to August 1999, at which time Aggie Express was consolidated with Central Freight Lines Inc.'s Operations. He served as President of Truckload carrier Universal Express from May 1995 to August 1996. Mr. Curry has been Chairman and Director of Emergent Capital, Inc. since August 15, 2017 and July 28, 2017 respectively.

CEO Compensation
  • Pat's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pat's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Emergent Capital management team in years:

2.6
Average Tenure
58
Average Age
  • The tenure for the Emergent Capital management team is about average.
Management Team

Pat Curry

TITLE
Chairman of the Board & CEO
COMPENSATION
$330K
AGE
53
TENURE
2.7 yrs

Miriam Martinez

TITLE
Senior VP
COMPENSATION
$742K
AGE
63
TENURE
3.9 yrs

Jack Simony

TITLE
VP & Chief Investment Officer
COMPENSATION
$942K
AGE
44
TENURE
2.5 yrs

Harvey Werblowsky

TITLE
VP, Chief Legal Officer & General Counsel
COMPENSATION
$583K
AGE
71
TENURE
2.5 yrs

Rob Fink

TITLE
Investor Relation Professional
Board of Directors Tenure

Average tenure and age of the Emergent Capital board of directors in years:

2.6
Average Tenure
48
Average Age
  • The average tenure for the Emergent Capital board of directors is less than 3 years, this suggests a new board.
Board of Directors

Joseph Sarachek

TITLE
Lead Director
COMPENSATION
$35K
AGE
57

Pat Curry

TITLE
Chairman of the Board & CEO
COMPENSATION
$330K
AGE
53
TENURE
3.3 yrs

James Hua

TITLE
Independent Director
COMPENSATION
$35K
AGE
36
TENURE
2.8 yrs

Matt Epstein

TITLE
Independent Director
AGE
36
TENURE
2.8 yrs

Robert Knapp

TITLE
Independent Director
COMPENSATION
$35K
AGE
54
TENURE
2.8 yrs

Roy Patterson

TITLE
Independent Director
COMPENSATION
$35K
TENURE
2.5 yrs

Matthew Houk

TITLE
Independent Director
COMPENSATION
$35K
AGE
37
TENURE
1.3 yrs

Patrick Brennan

TITLE
Independent Director
COMPENSATION
$35K
AGE
43
TENURE
1.3 yrs

Jim Wolf

TITLE
Independent Director
COMPENSATION
$29K
AGE
63
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Emergent Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Emergent Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

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Company Info

Description

Emergent Capital, Inc., a specialty finance company, invests in life settlements. As of November 31, 2018, it owned a portfolio of 588 life insurance policies. The company was formerly known as Imperial Holdings, Inc. and changed its name to Emergent Capital, Inc. in September 2015. Emergent Capital, Inc. was founded in 2006 and is based in Boca Raton, Florida.

Details
Name: Emergent Capital, Inc.
EMGC
Exchange: OTCPK
Founded: 2006
$61,969,622
158,937,220
Website: http://www.emergentcapital.com
Address: Emergent Capital, Inc.
5355 Town Center Road,
Suite 701,
Boca Raton,
Florida, 33486,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK EMGC Common Stock Pink Sheets LLC US USD 08. Feb 2011
Number of employees
Current staff
Staff numbers
9
Emergent Capital employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 07:20
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/13
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.