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How to buy Element Fleet Management stock

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Element Fleet Management is a rental & leasing services business based in Canada. Element Fleet Management stocks (EFN.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$17.12 – an increase of 4.65% over the previous week. Element Fleet Management employs 2,500 staff and has a trailing 12-month revenue of around C$1.6 billion.

How to buy stocks in Element Fleet Management

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Element Fleet Management stock price (TO:EFN)

Use our graph to track the performance of EFN stocks over time.

Element Fleet Management shares at a glance

Information last updated 2022-10-02.Latest market closeC$17.1252-week rangeC$10.87 – C$17.7750-day moving average more info buttonC$16.03200-day moving average more info buttonC$13.60Wall St. target priceC$19.14PE ratio more info button19.1765Dividend yield more info buttonC$0.297 (1.9%)Earnings per share (TTM) more info buttonC$0.85

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Note: The dollar amounts in the table below are in Canadian dollars.

Is it a good time to buy Element Fleet Management stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Element Fleet Management price performance over time
Historical closes compared with the close of C$17.12 from 2022-10-05

1 week (2022-09-29)
7.07%
1 month (2022-09-06)
6.60%
3 months (2022-07-06)
24.69%
6 months (2022-04-06)
42.67%

1 year (2021-10-06)
33.44%
2 years (2020-10-06)
52.04%
3 years (2019-10-04)
63.05%
5 years (2017-10-06)
71.54%

Is Element Fleet Management under- or over-valued?

Valuing Element Fleet Management stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Element Fleet Management’s overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Element Fleet Management’s P/E ratio

Element Fleet Management’s current share price divided by its per-share earnings (EPS) over a 12-month period gives a “trailing price/earnings ratio” of roughly 19x. In other words, Element Fleet Management shares trade at around 19x recent earnings.

Element Fleet Management’s PEG ratio

Element Fleet Management’s “price/earnings-to-growth ratio” can be calculated by dividing its P/E ratio by its growth – to give 1.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Element Fleet Management’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies.

Element Fleet Management financials
Revenue TTM
C$1.6 billion
Operating margin TTM
31.74%
Gross profit TTM
C$1.4 billion
Return on assets TTM
2.88%
Return on equity TTM
11.04%
Profit margin
24.65%
Book value
C$7.68
Market capitalisation more info button
C$6.4 billion
TTM: trailing 12 months

Element Fleet Management share dividends

33%Dividend payout ratio: 32.68% of net profits

Recently Element Fleet Management has paid out, on average, around 32.68% of net profits as dividends. That has enabled analysts to estimate a “forward annual dividend yield” of 1.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Element Fleet Management shareholders could enjoy a 1.9% return on their shares, in the form of dividend payments. In Element Fleet Management’s case, that would currently equate to about C$0.297 per share.

While Element Fleet Management’s payout ratio might seem fairly standard, it’s worth remembering that Element Fleet Management may be investing much of the rest of its net profits in future growth.

Element Fleet Management’s most recent dividend payout was on 13 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 September 2022 (the “ex-dividend date”).

Have Element Fleet Management’s shares ever split?

Element Fleet Management’s shares were split on a 13:420 basis on 15 December 2011. So if you had owned 420 shares the day before before the split, the next day you’d have owned 13 shares. This wouldn’t directly have changed the overall worth of your Element Fleet Management shares – just the quantity. However, indirectly, the new 3130.8% higher share price could have impacted the market appetite for Element Fleet Management shares which in turn could have impacted Element Fleet Management’s share price.

Element Fleet Management share price volatility

Over the last 12 months, Element Fleet Management’s shares have ranged in value from as little as C$10.8722 up to C$17.7733. A popular way to gauge a stock’s volatility is its “beta”.

EFN.TO volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHighBeta is a measure of a share’s volatility in relation to the market. The market (TO average) beta is 1, while Element Fleet Management’s is 0.9293. This would suggest that Element Fleet Management’s shares are less volatile than average (for this exchange).

Element Fleet Management overview

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services comprising vehicle acquisition, financing, program management, and remarketing services to corporate, commercial, government, and public service vehicle fleets. It serves construction, energy, oil and gas, food and beverage, healthcare, services, transportation, and utility industries. Element Fleet Management Corp. is headquartered in Toronto, Canada. .

Frequently asked questions

What percentage of Element Fleet Management is owned by insiders or institutions?

Currently 0.17% of Element Fleet Management stocks are held by insiders and 56.102% by institutions.

How many people work for Element Fleet Management?

Latest data suggests 2,500 work at Element Fleet Management.

When does the fiscal year end for Element Fleet Management?

Element Fleet Management’s fiscal year ends in December.

Where is Element Fleet Management based?

Element Fleet Management’s address is: 161 Bay Street, Toronto, ON, Canada, M5J 2S1

What is Element Fleet Management’s ISIN number?

Element Fleet Management’s international securities identification number is: CA2861812014

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.



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