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Element Fleet Management Corp T.EFN.PR.E


Primary Symbol: T.EFN Alternate Symbol(s):  T.EFN.PR.C | ELEEF

Element Fleet Management Corp. is a Canada-based global automotive fleet manager. The Company provides business-to-business services and financing to corporations, governments and not-for-profits. It operates in various countries, including the United States, Canada, Mexico, Australia and New Zealand. It provides services and financing for commercial vehicle and equipment fleets, reaching around 56 countries worldwide through the Element-Arval Global Alliance. The Company provides solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities. Its services include acquisition, electric vehicle, financing, title and registration, collision management, fleet partnerships solutions, fuel, safety, taxable benefits, fleet telematics connectivity solutions, remarketing, sale leaseback, tolls and violations, and strategic fleet consulting. The Company has around 1.5 million client vehicles under management.


TSX:EFN - Post by User

Post by retiredcfon Jan 19, 2023 3:33pm
155 Views
Post# 35234074

Top Pick

Top PickLast stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/bruce-campbell-s-top-picks~2612566 

Element Fleet Management (EFN TSX)

Last purchase was $19.45, funds own, none owned personally, and none owned by my family. 

Element Fleet Management is the largest North American fleet leasing and management company that also has operations in Australia and New Zealand. The company has seen its EPS accelerate as it gains more customers and cross-sell those customers’ additional services.
 

TOP PICK
Element Fleet Management(EFN-T)
18/01/2023 at 07:00pm
 
Still room to run. Growing in NA, with a significant presence in NZ and Australia. Cross-selling services to customers and growing customer count. Can enter new markets such as Mexico. Growth has been 20%, 15x multiple. Growth rate could slow, but multiple can still expand. Yield is 2.05%. (Analysts’ price target is $22.08)
 
Bruce Campbell (2)
$19.490
Owned

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