Element Fleet Management Corp T.EFN

Stockchase Insights

[retiredcf]

BUY

Element Fleet Management(EFN-T)

17/03/2023

 

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

EFN pays a dividend yield of 2.2%, has shown decent growth over the past year, and has a strong profit margin. 

Its valuation is reasonable (6.2X forward P/S and 15.9X forward P/E). 

Its net debt of $8.9B relative to its equity position of $3.7B is somewhat concerning, although the company generates some positive free cash flows. Aside from its somewhat weak balance sheet, its margins and revenue growth look decent, and we would consider the stock buyable at this time while being mindful of position sizing and the company's balance sheet risks.  

 

Stockchase Insights

$18.390