ECPL logo

EcoPlus Inc. (ECPL)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

EcoPlus Inc. (ECPL) with AI Score 46/100 (Weak). EcoPlus Inc. specializes in managing and converting fats, oils, and grease (FOG) into a soil amending agent. Market cap: 0, Sector: Industrials.

Last analyzed: Mar 17, 2026
EcoPlus Inc. specializes in managing and converting fats, oils, and grease (FOG) into a soil amending agent. The company targets cities, counties, and wastewater agencies struggling with FOG-related issues in their wastewater operations.
46/100 AI Score

EcoPlus Inc. (ECPL) Industrial Operations Profile

CEOAlan Forbes
Employees2
HeadquartersHuntersville, US
IPO Year2009

EcoPlus Inc. offers a unique solution for managing fats, oils, and grease (FOG) by converting them into a soil amendment, targeting municipalities and wastewater agencies, differentiating itself through its focus on FOG conversion for agricultural applications within the waste management sector.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

Investment Thesis

EcoPlus Inc. presents a focused investment opportunity within the waste management sector, specifically targeting the conversion of fats, oils, and grease (FOG) into a soil amendment. The company's technology offers a solution to a persistent problem for municipalities and wastewater agencies. Key value drivers include the increasing regulatory pressure on FOG management and the growing demand for sustainable waste solutions. However, the company's small size (2 employees) and OTC listing present liquidity and operational risks. The negative P/E ratio of -6.82 reflects current challenges in profitability. The beta of -65.00 suggests an inverse correlation to the market, which may be misleading given the company's illiquidity. Growth catalysts include potential partnerships with larger waste management companies and expansion into new geographic markets. Investors should carefully consider the company's financial stability and market traction before investing.

Based on FMP financials and quantitative analysis

Key Highlights

  • EcoPlus Inc. specializes in converting fats, oils, and grease (FOG) into a soil amending agent, offering a sustainable waste management solution.
  • The company targets municipalities and wastewater agencies, addressing the challenges of FOG accumulation in wastewater systems.
  • EcoPlus's technology is applicable in combined energy and waste heat plants, conventional steam plants, and cement plants.
  • The company was founded in 2004 and is based in Huntersville, North Carolina.
  • EcoPlus Inc. has a market capitalization of $0.00B and a P/E ratio of -6.82.

Competitors & Peers

Strengths

  • Proprietary FOG conversion technology
  • Sustainable waste management solution
  • Creation of a valuable byproduct
  • Focus on a specific niche market

Weaknesses

  • Small company size (2 employees)
  • OTC listing (liquidity and regulatory concerns)
  • Negative P/E ratio
  • Limited market reach

Catalysts

  • Ongoing: Increasing regulatory pressure on FOG management.
  • Upcoming: Potential partnerships with larger waste management companies (within 1-2 years).
  • Ongoing: Growing demand for sustainable waste solutions.
  • Upcoming: Securing government grants and incentives (within 1-2 years).
  • Upcoming: Expansion into new geographic markets (within 3-5 years).

Risks

  • Ongoing: Limited financial disclosure due to OTC listing.
  • Potential: Competition from established waste management companies.
  • Potential: Changes in environmental regulations.
  • Potential: Technological obsolescence.
  • Ongoing: Thin trading volume and wide bid-ask spreads.

Growth Opportunities

  • Expansion into new geographic markets: EcoPlus Inc. has the opportunity to expand its market reach beyond its current operational area. Targeting regions with significant food processing industries and urban centers with aging wastewater infrastructure could drive revenue growth. The market for FOG management is substantial, with municipalities and wastewater agencies worldwide facing increasing challenges related to FOG accumulation. A phased expansion strategy, focusing on regions with favorable regulatory environments and strong demand for sustainable waste solutions, could be implemented over the next 3-5 years.
  • Partnerships with larger waste management companies: Collaborating with established waste management companies can provide EcoPlus Inc. with access to a broader customer base and enhanced operational capabilities. These partnerships can leverage the existing infrastructure and expertise of larger companies to accelerate the adoption of EcoPlus's technology. The waste management industry is characterized by a mix of large and small players, creating opportunities for strategic alliances. These partnerships could be established within the next 1-2 years, leading to increased market penetration and revenue growth.
  • Development of new applications for the soil amending agent: EcoPlus Inc. can explore new applications for its soil amending agent beyond traditional agricultural uses. This could include applications in landscaping, erosion control, and brownfield remediation. The market for soil amendments is diverse, with a growing demand for sustainable and environmentally friendly products. Research and development efforts focused on identifying and validating new applications could unlock significant growth opportunities over the next 3-5 years.
  • Securing government grants and incentives: Government agencies are increasingly offering grants and incentives to support innovative waste management technologies that promote sustainability and environmental protection. EcoPlus Inc. can actively pursue these funding opportunities to finance research and development, pilot projects, and commercialization efforts. Securing government funding can reduce the company's reliance on private investment and accelerate its growth trajectory. Grant applications can be submitted on an ongoing basis, with potential funding awards within the next 1-2 years.
  • Licensing its technology to other companies: EcoPlus Inc. can generate revenue by licensing its FOG conversion technology to other companies in the waste management sector. This would allow the company to expand its market reach without significant capital investment. Licensing agreements can provide a recurring revenue stream and establish EcoPlus Inc. as a technology leader in the FOG management space. Licensing opportunities can be pursued on an ongoing basis, with potential agreements finalized within the next 1-2 years.

Opportunities

  • Expansion into new geographic markets
  • Partnerships with larger waste management companies
  • Development of new applications for the soil amending agent
  • Securing government grants and incentives

Threats

  • Competition from established waste management companies
  • Changes in environmental regulations
  • Technological obsolescence
  • Economic downturn affecting municipal budgets

Competitive Advantages

  • Proprietary technology for FOG conversion.
  • Focus on a specific niche within the waste management sector.
  • Creation of a valuable byproduct (soil amending agent) from waste.

About ECPL

Founded in 2004 and based in Huntersville, North Carolina, EcoPlus Inc. addresses the pervasive problem of fats, oils, and grease (FOG) accumulation in wastewater systems. The company's core business revolves around providing a technology-driven solution for managing FOG, transforming it from a problematic waste product into a valuable resource. EcoPlus's technology converts sticky FOG, along with any incorporated food matter, into a solid, granular material suitable for use as a soil amending agent in agricultural settings. This process not only mitigates the issues caused by FOG in wastewater treatment but also creates a sustainable byproduct with beneficial applications. EcoPlus markets its technology primarily to cities, counties, and wastewater agencies that face challenges related to excessive FOG entering their wastewater operations. The company's technology finds applications in combined energy and waste heat plants, conventional steam plants, and cement plants, showcasing its versatility in various industrial environments. EcoPlus operates within the waste management sector, specifically focusing on FOG management and conversion, offering a niche solution with environmental benefits.

What They Do

  • Provides solutions for managing fats, oils, and grease (FOG).
  • Converts FOG into a solid, granular material.
  • The material is used as a soil amending agent.
  • Markets to cities, counties, and wastewater agencies.
  • Technology applicable in combined energy and waste heat plants.
  • Technology applicable in conventional steam plants.
  • Technology applicable in cement plants.

Business Model

  • EcoPlus Inc. generates revenue by selling its FOG conversion technology to municipalities and wastewater agencies.
  • The company also generates revenue from the sale of the soil amending agent produced from the FOG conversion process.
  • Potential revenue from licensing its technology to other companies.

Industry Context

EcoPlus Inc. operates within the waste management industry, a sector experiencing increasing demand for innovative and sustainable solutions. The management of fats, oils, and grease (FOG) is a significant challenge for municipalities and wastewater agencies, driven by regulatory pressures and environmental concerns. The competitive landscape includes companies offering various waste management services, from traditional disposal to advanced conversion technologies. EcoPlus differentiates itself by focusing specifically on FOG conversion into a soil amendment, offering a niche solution with potential environmental and economic benefits. The industry is characterized by ongoing technological advancements and a growing emphasis on circular economy principles.

Key Customers

  • Cities
  • Counties
  • Wastewater agencies
AI Confidence: 70% Updated: Mar 17, 2026

Financials

Chart & Info

EcoPlus Inc. (ECPL) stock price: Price data unavailable

Latest News

No recent news available for ECPL.

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ECPL.

Price Targets

Wall Street price target analysis for ECPL.

MoonshotScore

46/100

What does this score mean?

The MoonshotScore rates ECPL's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Alan Forbes

CEO

Alan Forbes is the CEO of EcoPlus Inc., a company he manages with a team of just two employees. Information regarding his prior experience, educational background, and specific career history is not available. As the head of a small company, Forbes likely plays a hands-on role in all aspects of the business, from technology development to sales and marketing.

Track Record: Due to the limited information available, Alan Forbes's specific achievements and strategic decisions as CEO of EcoPlus Inc. are unknown. The company's current financial status, with a market cap of $0.00B and a negative P/E ratio, suggests that Forbes faces significant challenges in achieving profitability and growth.

ECPL OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that EcoPlus Inc. may not meet the minimum financial standards or reporting requirements of the higher tiers (OTCQX and OTCQB). Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. Investing in companies on the OTC Other tier carries a higher degree of risk compared to companies listed on major exchanges like the NYSE or NASDAQ, as there is less regulatory oversight and transparency. The lack of stringent listing requirements can result in a greater potential for fraud and manipulation.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for stocks on the OTC Other tier, like ECPL, tends to be very limited. Bid-ask spreads can be wide, and trading volume may be thin or nonexistent on some days. This illiquidity can make it difficult to buy or sell shares quickly and at a desired price. Investors may experience significant price slippage when executing trades, especially for larger orders. The limited liquidity also increases the volatility of the stock, making it more susceptible to price swings.
OTC Risk Factors:
  • Limited financial disclosure
  • Thin trading volume and wide bid-ask spreads
  • Lack of regulatory oversight
  • Potential for fraud and manipulation
  • Higher volatility
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the background and experience of the company's management team.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's revenue and profitability trends.
  • Determine the company's ownership structure and shareholder base.
  • Check for any legal or regulatory issues involving the company.
  • Consult with a qualified financial advisor.
Legitimacy Signals:
  • Longevity of the company (founded in 2004)
  • Focus on a specific niche market (FOG management)
  • Technology-driven solution
  • Addresses a real-world problem (FOG accumulation in wastewater systems)

Common Questions About ECPL

What does EcoPlus Inc. do?

EcoPlus Inc. provides a technology-driven solution for managing fats, oils, and grease (FOG), a significant problem for municipalities and wastewater agencies. The company's core business revolves around converting sticky FOG, along with any incorporated food matter, into a solid, granular material suitable for use as a soil amending agent in agricultural settings. This process not only mitigates the issues caused by FOG in wastewater treatment but also creates a sustainable byproduct with beneficial applications. EcoPlus markets its technology primarily to cities, counties, and wastewater agencies.

What do analysts say about ECPL stock?

As of 2026-03-17, there is no available analyst coverage for EcoPlus Inc. (ECPL). The company's OTC listing and small market capitalization typically result in a lack of analyst interest. Investors should conduct their own thorough research and due diligence before investing in ECPL. Key valuation metrics, such as revenue growth, profitability, and cash flow, should be carefully analyzed. The company's growth prospects and competitive landscape should also be considered. The absence of analyst opinions necessitates a more independent and critical assessment of the investment opportunity.

What are the main risks for ECPL?

EcoPlus Inc. faces several risks, including its small size, OTC listing, and limited financial disclosure. The company's reliance on a specific niche market (FOG management) also presents a risk, as changes in environmental regulations or technological advancements could impact its business. Competition from established waste management companies is another significant risk. The company's thin trading volume and wide bid-ask spreads on the OTC market can make it difficult to buy or sell shares quickly and at a desired price. Investors should carefully consider these risks before investing in ECPL.

What are the key factors to evaluate for ECPL?

EcoPlus Inc. (ECPL) currently holds an AI score of 46/100, indicating low score. Key strength: Proprietary FOG conversion technology. Primary risk to monitor: Ongoing: Limited financial disclosure due to OTC listing.. This is not financial advice.

How frequently does ECPL data refresh on this page?

ECPL prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven ECPL's recent stock price performance?

Recent price movement in EcoPlus Inc. (ECPL) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Proprietary FOG conversion technology. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider ECPL overvalued or undervalued right now?

Determining whether EcoPlus Inc. (ECPL) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying ECPL?

Before investing in EcoPlus Inc. (ECPL), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • Information is limited due to the company's OTC listing and lack of analyst coverage.
  • Financial data is based on available information and may not be comprehensive.
  • The AI analysis is pending and may provide additional insights in the future.
Data Sources

Popular Stocks