ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:EFN-PR-C - CA2861818391
25 CAD
+0.02 (+0.08%)
EFN-PR-C gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 24 industry peers in the Commercial Services & Supplies industry. While EFN-PR-C belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EFN-PR-C is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
EFN-PR-C had positive earnings in the past year.
EFN-PR-C had a negative operating cash flow in the past year.
Each year in the past 5 years EFN-PR-C has been profitable.
Of the past 5 years EFN-PR-C 4 years had a positive operating cash flow.
1.2 Ratios
EFN-PR-C's Return On Assets of 3.25% is fine compared to the rest of the industry. EFN-PR-C outperforms 70.37% of its industry peers.
EFN-PR-C has a better Return On Equity (14.70%) than 81.48% of its industry peers.
With a Return On Invested Capital value of 2.92%, EFN-PR-C perfoms like the industry average, outperforming 51.85% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EFN-PR-C is below the industry average of 6.19%.
The 3 year average ROIC (2.76%) for EFN-PR-C is below the current ROIC(2.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 14.7% | ||
| ROIC | 2.92% |
ROA(3y)2.91%
ROA(5y)2.13%
ROE(3y)11.59%
ROE(5y)8.54%
ROIC(3y)2.76%
ROIC(5y)2.2%
1.3 Margins
Looking at the Profit Margin, with a value of 17.86%, EFN-PR-C belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
EFN-PR-C's Profit Margin has improved in the last couple of years.
EFN-PR-C has a Operating Margin of 19.63%. This is amongst the best in the industry. EFN-PR-C outperforms 96.30% of its industry peers.
EFN-PR-C's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 73.48%, EFN-PR-C belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
EFN-PR-C's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.63% | ||
| PM (TTM) | 17.86% | ||
| GM | 73.48% |
OM growth 3Y-3.76%
OM growth 5YN/A
PM growth 3Y8.06%
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y0.58%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EFN-PR-C is destroying value.
Compared to 1 year ago, EFN-PR-C has less shares outstanding
Compared to 5 years ago, EFN-PR-C has less shares outstanding
Compared to 1 year ago, EFN-PR-C has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that EFN-PR-C is in the distress zone and has some risk of bankruptcy.
EFN-PR-C has a Altman-Z score (1.49) which is in line with its industry peers.
EFN-PR-C has a Debt/Equity ratio of 3.14. This is a high value indicating a heavy dependency on external financing.
EFN-PR-C has a Debt to Equity ratio of 3.14. This is in the lower half of the industry: EFN-PR-C underperforms 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.49 |
ROIC/WACC0.39
WACC7.59%
2.3 Liquidity
A Current Ratio of 7.35 indicates that EFN-PR-C has no problem at all paying its short term obligations.
EFN-PR-C has a Current ratio of 7.35. This is amongst the best in the industry. EFN-PR-C outperforms 96.30% of its industry peers.
EFN-PR-C has a Quick Ratio of 7.35. This indicates that EFN-PR-C is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 7.35, EFN-PR-C belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.35 | ||
| Quick Ratio | 7.35 |
3. Growth
3.1 Past
EFN-PR-C shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.03%.
EFN-PR-C shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.35% yearly.
Looking at the last year, EFN-PR-C shows a very strong growth in Revenue. The Revenue has grown by 22.62%.
EFN-PR-C shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.61% yearly.
EPS 1Y (TTM)1.03%
EPS 3Y12.31%
EPS 5Y11.35%
EPS Q2Q%-16.24%
Revenue 1Y (TTM)22.62%
Revenue growth 3Y12.5%
Revenue growth 5Y6.61%
Sales Q2Q%-51.42%
3.2 Future
EFN-PR-C is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.19% yearly.
The Revenue is expected to grow by 12.49% on average over the next years. This is quite good.
EPS Next Y23.95%
EPS Next 2Y16.05%
EPS Next 3Y16.19%
EPS Next 5YN/A
Revenue Next Year9.85%
Revenue Next 2Y9.52%
Revenue Next 3Y12.49%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.19, which indicates a rather expensive current valuation of EFN-PR-C.
70.37% of the companies in the same industry are more expensive than EFN-PR-C, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.55. EFN-PR-C is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.06 indicates a correct valuation of EFN-PR-C.
70.37% of the companies in the same industry are more expensive than EFN-PR-C, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of EFN-PR-C to the average of the S&P500 Index (23.78), we can say EFN-PR-C is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 15.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EFN-PR-C is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.91 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EFN-PR-C has a very decent profitability rating, which may justify a higher PE ratio.
EFN-PR-C's earnings are expected to grow with 16.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.88
PEG (5Y)1.87
EPS Next 2Y16.05%
EPS Next 3Y16.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.91%, EFN-PR-C has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.02, EFN-PR-C pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, EFN-PR-C has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
5.2 History
The dividend of EFN-PR-C has a limited annual growth rate of 3.41%.
EFN-PR-C has paid a dividend for at least 10 years, which is a reliable track record.
EFN-PR-C has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.41%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
39.89% of the earnings are spent on dividend by EFN-PR-C. This is a low number and sustainable payout ratio.
EFN-PR-C's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.89%
EPS Next 2Y16.05%
EPS Next 3Y16.19%
ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP
TSX:EFN-PR-C (6/28/2024, 7:00:00 PM)
25
+0.02 (+0.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap9.72B
Revenue(TTM)2.42B
Net Income(TTM)432.79M
Analysts80
Price Target28.97 (15.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
Yearly Dividend0.46
Dividend Growth(5Y)3.41%
DP39.89%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.74%
Min EPS beat(2)-2.58%
Max EPS beat(2)8.06%
EPS beat(4)3
Avg EPS beat(4)5.18%
Min EPS beat(4)-2.58%
Max EPS beat(4)8.72%
EPS beat(8)7
Avg EPS beat(8)10.04%
EPS beat(12)9
Avg EPS beat(12)8.32%
EPS beat(16)13
Avg EPS beat(16)9.1%
Revenue beat(2)1
Avg Revenue beat(2)1.67%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)6.13%
Revenue beat(4)3
Avg Revenue beat(4)2.38%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)6.13%
Revenue beat(8)7
Avg Revenue beat(8)41.85%
Revenue beat(12)11
Avg Revenue beat(12)49.46%
Revenue beat(16)15
Avg Revenue beat(16)56.66%
PT rev (1m)-3.55%
PT rev (3m)-9.12%
EPS NQ rev (1m)-26.47%
EPS NQ rev (3m)-26.64%
EPS NY rev (1m)0%
EPS NY rev (3m)4.5%
Revenue NQ rev (1m)-26.47%
Revenue NQ rev (3m)-23.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 15.06 | ||
| P/S | 4.01 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.3 | ||
| P/tB | 7.16 | ||
| EV/EBITDA | 14.91 |
EPS(TTM)1.18
EY4.72%
EPS(NY)1.66
Fwd EY6.64%
FCF(TTM)-3.23
FCFYN/A
OCF(TTM)-2.97
OCFYN/A
SpS6.23
BVpS7.57
TBVpS3.49
PEG (NY)0.88
PEG (5Y)1.87
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 14.7% | ||
| ROCE | 3.86% | ||
| ROIC | 2.92% | ||
| ROICexc | 3.1% | ||
| ROICexgc | 3.61% | ||
| OM | 19.63% | ||
| PM (TTM) | 17.86% | ||
| GM | 73.48% | ||
| FCFM | N/A |
ROA(3y)2.91%
ROA(5y)2.13%
ROE(3y)11.59%
ROE(5y)8.54%
ROIC(3y)2.76%
ROIC(5y)2.2%
ROICexc(3y)2.78%
ROICexc(5y)2.21%
ROICexgc(3y)3.33%
ROICexgc(5y)2.64%
ROCE(3y)3.64%
ROCE(5y)2.91%
ROICexgc growth 3Y16.86%
ROICexgc growth 5YN/A
ROICexc growth 3Y16.79%
ROICexc growth 5YN/A
OM growth 3Y-3.76%
OM growth 5YN/A
PM growth 3Y8.06%
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y0.58%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.54 | ||
| Cap/Depr | 13.8% | ||
| Cap/Sales | 4.27% | ||
| Interest Coverage | 0.85 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 7.35 | ||
| Quick Ratio | 7.35 | ||
| Altman-Z | 1.49 |
F-Score5
WACC7.59%
ROIC/WACC0.39
Cap/Depr(3y)13.67%
Cap/Depr(5y)13.88%
Cap/Sales(3y)4.46%
Cap/Sales(5y)4.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.03%
EPS 3Y12.31%
EPS 5Y11.35%
EPS Q2Q%-16.24%
EPS Next Y23.95%
EPS Next 2Y16.05%
EPS Next 3Y16.19%
EPS Next 5YN/A
Revenue 1Y (TTM)22.62%
Revenue growth 3Y12.5%
Revenue growth 5Y6.61%
Sales Q2Q%-51.42%
Revenue Next Year9.85%
Revenue Next 2Y9.52%
Revenue Next 3Y12.49%
Revenue Next 5YN/A
EBIT growth 1Y5.51%
EBIT growth 3Y8.26%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-171.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-162.59%
OCF growth 3YN/A
OCF growth 5YN/A
ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP / EFN-PR-C.CA FAQ
What is the fundamental rating for EFN-PR-C stock?
ChartMill assigns a fundamental rating of 5 / 10 to EFN-PR-C.CA.
What is the valuation status of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA). This can be considered as Fairly Valued.
What is the profitability of EFN-PR-C stock?
ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) has a profitability rating of 7 / 10.
What is the expected EPS growth for ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) stock?
The Earnings per Share (EPS) of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) is expected to grow by 23.95% in the next year.
How sustainable is the dividend of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) stock?
The dividend rating of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) is 6 / 10 and the dividend payout ratio is 39.89%.