EFN Stock Analysis: Element Fleet Management | TO
Rental & Leasing Services | TO, Canada | Market Cap: 8.494m CAD | 12M Return: -40.7% | CA2861812014 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.6M
EPS Trend: 98.9%
Qual. Beats: 0
Rev. Trend: 96.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Element Fleet Management Corp. provides end-to-end fleet management and financing services across Canada, the United States, Mexico, Australia, and New Zealand. Its services cover vehicle acquisition and leasing, maintenance, safety and risk management, telematics, electric vehicle integration, and vehicle remarketing, along with support for equipment rentals and fleet-related administration.
Based in Toronto, the company serves businesses that outsource parts of the vehicle lifecycle, from financing and procurement to maintenance and resale. Its software offerings also support transportation and mobility operations.
- Client growth and higher service penetration lift recurring revenue
- Funding costs and lease spreads shape financing margins
- Used-vehicle prices drive remarketing revenue and residual-value risk
| Net Income: 288.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 6.32 > 1.0 |
| NWC/Revenue: 251.8% < 20% (prev 315.0%; Δ -63.12% < -1%) |
| CFO/TA 0.10 > 3% & CFO 1.34b > Net Income 288.2m |
| Net Debt (9.00b) to EBITDA (1.66b): 5.43 < 3 |
| Current Ratio: 3.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (394.9m) vs 12m ago -1.74% < -2% |
| Gross Margin: 31.21% > 18% (prev 91.48%; Δ -60.27% > 0.5%) |
| Asset Turnover: 17.38% > 50% (prev 16.03%; Δ 1.35% > 0%) |
| Interest Coverage Ratio: 1.81 > 6 (EBIT TTM 927.5m / Interest Expense TTM 512.9m) |
| A: 0.45 (Total Current Assets 8.14b - Total Current Liabilities 2.17b) / Total Assets 13.4b |
| B: 0.05 (Retained Earnings 694.9m / Total Assets 13.4b) |
| C: 0.07 (EBIT TTM 927.5m / Avg Total Assets 13.6b) |
| D: 0.25 (Book Value of Equity 2.66b / Total Liabilities 10.7b) |
| Altman-Z'' = 3.81 = AA |
| DSRI: 0.86 (Receivables 7.96b/8.69b, Revenue 2.37b/2.22b) |
| GMI: 2.93 (GM 91.48% / 31.21%) |
| AQI: 1.13 (AQ_t 0.16 / AQ_t-1 0.14) |
| SGI: 1.07 (Revenue 2.37b / 2.22b) |
| TATA: -0.08 (NI 288.2m - CFO 1.34b) / TA 13.4b) |
| Beneish M = -1.27 (Cap -4..+1) = D |
As of November 02, 2026, the stock is trading at CAD 21.86 with a total of 1,315,799 shares traded. Over the past week, the price has changed by +1.91%, over one month by -2.89%, over three months by -29.47% and over the past year by -40.67%.
Current recommended Stop Loss: 20.80 (which is 4.8% or 1.5 ATR below the current price).
Element Fleet Management has no consensus analysts rating.
Market Cap USD = 6.08b (8.49b CAD * 0.7156 CAD.USD)
P/E Trailing = 21.0294
P/E Forward = 11.3636
P/S = 3.4621
P/B = 2.604
P/EG = 1.15
Revenue TTM = 2.37b USD
EBIT TTM = 927.5m USD
EBITDA TTM = 1.66b USD
Long Term Debt = 9.44b USD (from longTermDebt, last quarter)
Short Term Debt = 2.17b USD (from shortTermDebt, last fiscal year)
Debt = 9.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.00b USD (calculated: Debt 9.50b - CCE 503.5m)
Enterprise Value = 15.1b USD (6.08b + Debt 9.50b - CCE 503.5m)
Interest Coverage Ratio = 1.81 (Ebit TTM 927.5m / Interest Expense TTM 512.9m)
EV/FCF = 17.75x (Enterprise Value 15.1b / FCF TTM 849.5m)
FCF Yield = 5.63% (FCF TTM 849.5m / Enterprise Value 15.1b)
FCF Margin = 35.86% (FCF TTM 849.5m / Revenue TTM 2.37b)
Net Margin = 12.17% (Net Income TTM 288.2m / Revenue TTM 2.37b)
Gross Margin = 31.21% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.63b) / Revenue TTM)
Gross Margin QoQ = 34.04% (prev 33.87%)
Tobins Q-Ratio = 1.13 (Enterprise Value 15.1b / Total Assets 13.4b)
Interest Expense / Debt = 5.40% (Interest Expense 512.9m / Debt 9.50b)
Taxrate = 47.41% (259.8m / 548.1m)
NOPAT = 487.8m (EBIT 927.5m * (1 - 47.41%))
Current Ratio = 3.74 (Total Current Assets 8.14b / Total Current Liabilities 2.17b)
Debt / Equity = 3.57 (Debt 9.50b / totalStockholderEquity, last quarter 2.66b)
Debt / EBITDA = 5.43 (Net Debt 9.00b / EBITDA 1.66b)
Debt / FCF = 10.60 (Net Debt 9.00b / FCF TTM 849.5m)
Total Stockholder Equity = 2.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.12% (Net Income 288.2m / Total Assets 13.4b)
RoE = 10.57% (Net Income TTM 288.2m / Total Stockholder Equity 2.73b)
RoCE = 7.62% (EBIT 927.5m / Capital Employed (Equity 2.73b + L.T.Debt 9.44b))
RoIC = 3.68% (NOPAT 487.8m / Invested Capital 13.3b)
WACC = 4.18% (E(6.08b)/V(15.6b) * Re(6.29%) + D(9.50b)/V(15.6b) * Rd(5.40%) * (1-Tc(0.47)))
Discount Rate = 6.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 17.37 | Cagr: -1.02%
[DCF] Terminal Value 77.97% ; FCFF base≈511.1m ; Y1≈585.9m ; Y5≈862.3m
[DCF] Fair Price = 10.04 (EV 13.0b - Net Debt 9.00b = Equity 3.98b / Shares 396.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.87 | EPS CAGR: 14.14% | SUE: -0.57 | # QB: 0
Revenue Correlation: 96.15 | Revenue CAGR: 8.19% | SUE: 0.63 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.50 | Chg30d=+0.26% | Revisions=+25% | Analysts=9
EPS current Year (2026-12-31): EPS=1.99 | Chg30d=+0.77% | Revisions=+25% | GrowthEPS=+16.8% | GrowthRev=+12.7%
EPS next Year (2027-12-31): EPS=2.22 | Chg30d=+0.04% | Revisions=+25% | GrowthEPS=+11.7% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +50% (up=3, down=0)