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%)
Overall EFN-PR-C gets a fundamental rating of 5 out of 10. We evaluated EFN-PR-C 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 has a decent growth rate and is not valued too expensively.
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.
EFN-PR-C had positive earnings in each of the past 5 years.
Of the past 5 years EFN-PR-C 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.25%, EFN-PR-C is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for EFN-PR-C is below the industry average of 5.81%.
The last Return On Invested Capital (2.92%) for EFN-PR-C is above the 3 year average (2.76%), which is a sign of increasing profitability.
| 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
EFN-PR-C has a better Profit Margin (17.86%) than 92.59% of its industry peers.
In the last couple of years the Profit Margin of EFN-PR-C has grown nicely.
EFN-PR-C has a better Operating Margin (19.63%) than 96.30% of its industry peers.
In the last couple of years the Operating Margin of EFN-PR-C has declined.
With an excellent Gross Margin value of 73.48%, EFN-PR-C belongs to the best 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.
The number of shares outstanding for EFN-PR-C has been reduced compared to 1 year ago.
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.
With a Altman-Z score value of 1.49, EFN-PR-C perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
A Debt/Equity ratio of 3.14 is on the high side and indicates that EFN-PR-C has dependencies on debt financing.
With a Debt to Equity ratio value of 3.14, EFN-PR-C is not doing good in the industry: 70.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.49 |
ROIC/WACC0.39
WACC7.59%
2.3 Liquidity
EFN-PR-C has a Current Ratio of 7.35. This indicates that EFN-PR-C is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of EFN-PR-C (7.35) is better than 96.30% of its industry peers.
A Quick Ratio of 7.35 indicates that EFN-PR-C has no problem at all paying 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
The Earnings Per Share has been growing slightly by 1.03% over the past year.
The Earnings Per Share has been growing by 11.35% on average over the past years. This is quite good.
Looking at the last year, EFN-PR-C shows a very strong growth in Revenue. The Revenue has grown by 22.62%.
The Revenue has been growing slightly by 6.61% on average over the past years.
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
EFN-PR-C is valuated rather expensively with a Price/Earnings ratio of 21.19.
70.37% of the companies in the same industry are more expensive than EFN-PR-C, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of EFN-PR-C to the average of the S&P500 Index (26.60), we can say EFN-PR-C is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.06, which indicates a correct valuation of EFN-PR-C.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EFN-PR-C indicates a somewhat cheap valuation: EFN-PR-C is cheaper than 70.37% of the companies listed in the same industry.
EFN-PR-C is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| 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
EFN-PR-C's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of EFN-PR-C 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
EFN-PR-C has a Yearly Dividend Yield of 1.91%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.02, EFN-PR-C pays a bit more dividend than its industry peers.
EFN-PR-C's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| 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.
The dividend of EFN-PR-C is growing, but earnings are growing more, so the dividend growth is 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 for EFN-PR-C 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.
How financially healthy is ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP?
The financial health rating of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) is 4 / 10.
Is the dividend of ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP sustainable?
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%.