Is Element Fleet Management Corp. a good investment?
Element Fleet Management Corp. (EFN.TO) is currently trading at 21.45 CAD.
Market analysts have a consensus price target of 38.40 CAD.
This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 21.03.
This valuation is generally in line with the broader market.
Earnings Schedule:
Element Fleet Management Corp. is expected to release its next earnings report on Nov. 11, 2026.
The market consensus estimate for Forward EPS is 2.23.
For income investors, Element Fleet Management Corp. pays a dividend yield of 2.15%.
With a payout ratio of 59%, the dividend appears
sustainable.
Company Profile
Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers end-to-end fleet solutions, including cars, trucks, and material handling support equipment ordering support. It also provides fleet management solutions, such as vehicle acquisition, maintenance, risk management, route optimization, electric vehicle integration, and remarketing services. In addition, it manages the rental process for extra equipment or other assets, ranging from forklifts to storage trailers, and coordinates delivery and pickup. Further, the company offers other services, including fleet vehicle remarketing, an advance purchase program, Element Energy Solutions, and fleet financing services, which comprise operating and capital leases, sale and leaseback funding, open-end terminal rental adjustment clause (TRAC) leases, and a client-owned acquisition program. Additionally, it provides title, licensing, and registration services; end-to-end telematics services; driver training programs and other safety services; and insurance coverage solutions, including subrogation, driver safety programs, and telematics, as well as accident management services, including vehicle repair for cars, light-duty vehicles, and medium-duty trucks. It is involved in tolls and violations processing, regulation compliance, fuel services, managed maintenance, and personal usage and expense tracking. The company provides Autofleet, a suite of software solutions for transportation services for fleets and mobility operators. Element Fleet Management Corp. is based in Toronto, Canada.
Community Discussion